litecoin : Price Prediction 2020
0.91 Linear regression uptrend room to move up..
Priceline of World's 6th largest cryptocurrency out of more than 2300 cryptocurrencies LiteCoin (LTC) with Bitcoin pair is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this...
Awkward H&S, currently sitting on EMA level, very precarious.
If you are bullish on Bitcoin, Litecoin must be a no brainer if it were to reach 0.0050 - 0.0052 range. Very strong support of the 1:1 extension of the entire structure, the bottom of the parallel channel and the negative 1.236 Fib level. I get suspicious when it is this obvious.... but let's find out if it gets there.
While in USDT pair LTC is growing, against BTC its losing as usual. Bounced from 5585 support line, but got stuck under 5750 resistance again. So if will be rejected, that time can actually fall lower to 5500. Getting above 5750 won't make life easier as it will need some time for consolidation, before actually can start grow further. Can assume that if BTC will...
Litecoin has had a small pump within the downward channel recently, this may lead to the formation of a bull flag in the blue box, or a retreat and possibility of a falling wedge. The Adam & Eve can be seen to be linked to the pump.
Looking for a bottom, if fib line doesn't hold (it should) continuation of the downward channel will be seen. Still practicing these fractals.
LTCBTC is trading in a downtrend, close to the 0.786 fib line, this could lead to a new bullish wave as previously seen.
Wonky inverse H&S pattern followed by bitcoin, possible trend reversal. Still learning these fib retracements so let me know if i'm doing it wrong :) 0.82 regression downtrend, so clear downtrend still (i shouldn't be picking bottoms, but i am). Fibonacci retracement hits 0 at $42. Short term trading target is 0.236 fib line at $48.
Movement upward possible with completion of inverse H&S.
26.11.2019 - Possible movement patterns of lite coin, strong descending regression trend. Pretty good scalping coin.
Those long term holders can buy or else wait for the price to get in the buy zone!!
The priceline of Litecoin / Bitcoin formed a bullish gartley and entered in potential reversal zone. This potential reversal zone should be used as stop loss point. I have defined targets using Fibonacci sequence: Buy between: 0.006703 to 0.006643 Sell between: 0.006750 to 0.006864 Regards, Atif Akbar (moon333)
Priceline of Litecoin / Bitcoin cryptocurrency is forming a bullish Crab pattern soon it will be entered the potential reversal zone. MACD and Stochastic are strong bearish. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.006255 to...