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Litecoinbitcoin

There is a possibility for the beginning of an uptrend in LTCBTC Technical analysis: . Litecoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00814000 to 0.00736000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00814000) Ending of entry zone (0.00736000) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00945400 TP2= @ 0.01063810 TP3= @ 0.01141060 TP4= @ 0.01240100 TP5= @ 0.01333480 TP6= @ 0.01571755 TP7= @ 0.01762490 TP8= @ 0.02035380 TP9= @ 0.02381480 TP10= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in LTCBTC Technical analysis: . Litecoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00814000 to 0.00736000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00814000) Ending of entry zone (0.00736000) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00945400 TP2= @ 0.01063810 TP3= @ 0.01141060 TP4= @ 0.01240100 TP5= @ 0.01333480 TP6= @ 0.01571755 TP7= @ 0.01762490 TP8= @ 0.02035380 TP9= @ 0.02381480 TP10= Free
Long
by ForecastCity
2
Litecoin bear paws Greetings from Benice team! Litecoin is one of the first Bitcoin forks. Charlie Lee has the upper hand, one of the few cryptomarket tycoons who did not hesitate to warn participants about the upcoming correction at the end of 2017, and sold all his personal Litecoins himself. That's what Charlie Lee says: "For a currency to really be a worldwide decentralized currency, you can't have a real leader who is trying to control things. So to make Litecoin more decentralized, eventually I would step away... I think that moving forward like five years down the road, when prices back up, then I would feel like it was the right move. In general, it can take several months for the trend to go upward", he pointed out. If we look at the general situation, we'd rather agree with Charlie, the thaw can last for a very long time. However, many coins can completely sink into oblivion during this time. So, coins with good fundamentals are more interesting, in this case. As to Litecoin, its Beta coefficient is good, and it can show the right spirit in the future, demonstrating resistance to decline with respect to the market. Due to a four-day sideways trend, technical indicators began to signal weakening. A similar situation is observed with other altcoins. The long-term technical picture tells us that the decline will persist rather than that a rapid growth rally will occur. You can see the trend continuation pattern on the chart. Accordingly, the target for the Bears is the $ 30 level. At the same time, in addition to bear paws, the token is successfully drawing the channels of movement and allows you to trade on short time frames with confidence. An attractive speculative level for buying LTC/USD is 53 and 51. If you enter at these levels, then your target is 61 and 67. However, keep in mind that the trend is downward, and the strategy should include either a possibility of averaging or placing stop-loss orders. At the moment, 44.6 is the optimal level for stop-loss. When this level is reached, the price will be likely to increase the momentum of the movement, to reach 41 and even to go lower. We are going to update regularly our short-term recommendations on this tool. We are going to inform you of the transaction entry level, the stop order level and the target for taking profit. Subscribe and follow our recommendations! You are going to enjoy the results!
BINANCE:LTCUSDShort
by benice_trader
Is Litecoin Going Down For a Buy?Litecoin has been one of the biggest gainers since 2016 from an all time low of $2 to an all time high of +$300. I have grown fond of this specific coin reason being it presents us the investors of the crypto world with opportunities that hardly come buy. Once again litecoin is heading back to it buying zone. Will you be a buyer? This is a question that you only can answer. Litecoin all time lows: 0.0031158 - 0.005958. (Buying zones) Litecoin all time high: 0.0219 - 0.03168 (Exit zones) Remember patience is of the essence when it comes to cryptocurrency markets. Always buy at the bottom (in green) to sell at the top (in red) and repeat. Be in control, do not be driven by F.O.M.O. Always remember to look at the against btc chart.
by cryptoiner
LITECOIN - IMPORTANT LEVELS TO LOOK AT, DAILY TIME FRAME!With Bitcoin plummeting, Altcoins are heading towards grave. That is why i have stopped using chart patterns for a while for altcoins because they are all so much dependent on Bitcoin. We all have been noticing that if BTC falls a few percent like 2-3%, altcoins take a way deeper dig to around 8-10% or so. So, it's better not to use traditional chart patterns since they won't come into fruition. So, i am trading raw just via using swing highs, lows, supports and resistances. I have marked everything on my chart, you can check it carefully. Litecoin is currently hovering in the critical territory. If this level doesn't hold, then i am afraid that there's only 1 major support left after that in my opinion. Beyond that, it's a zone of free fall. Alternative, if this levels holds then there a lot of scope on the upside. No need of marking these in between levels. I'll keep updating this, as and when required. P.S: This is not an investment advice. This is my personal journal. Invest your capital at your own risk. Keep an eye out. Trade safely. Always remember, money not lost is also a profit. Good luck trading.! Peace.
by johntradingwick
4
A trading opportunity to buy in LTCBTCTechnical analysis: . LITECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. . While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01212 to 0.01157). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01212) Ending of entry zone (0.01157) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.01350 TP2= @ 0.01483 TP3= @ 0.01570 TP4= @ 0.01816 TP5= @ 0.01997 TP6= @ 0.02223 TP7= @ 0.02511 TP8= Free
Long
by ForecastCity
A trading opportunity to buy in LTCBTCTechnical analysis: . LITECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. . While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01212 to 0.01157). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01212) Ending of entry zone (0.01157) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.01350 TP2= @ 0.01483 TP3= @ 0.01570 TP4= @ 0.01816 TP5= @ 0.01997 TP6= @ 0.02223 TP7= @ 0.02511 TP8= Free
Long
by ForecastCity
3
LtC BTC (using Bitmex Cobra)Using Bitmex Cobra on shorter timeframes is very profitable! I used the 15min. for this one. Percent profitable: 76.59 % Profit Factor 4.792 Bitmex Cobra is a highly profitable trading strategy which can help to spot profitable trades as early as they occur or even before. With Bitmex Cobra you get trading signals right on the chart which tells you when you should buy or short the market. With Bitmex Cobra you are always in full control of your trading no matter how the market moves. Check the List of Trades Tab as well to see past trades. P.s. Bitmex Cobra is an invite only script!
Long
by anniemaccc