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Litecoinbtc

A new trading opportunity to buy in LTCBTCTechnical analysis: . Litecoin/Bitcoin is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Trading suggestion: . If you missed our first HUNT, you have a second chance to buy above the new suggested support zone. . There is still a possibility of temporary retracement to suggested support zone (0.01000000 to 0.00845000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01000000) Ending of entry zone (0.00845000) 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: New Take Profits: TP1= @ 0.01135000 TP2= @ 0.01315000 TP3= @ 0.01430000 TP4= @ 0.01530000 TP5= @ 0.01730000 TP6= @ 0.02015000 TP7= @ 0.02380000 TP8= Free We opened 10 BUY trade(s) @ 0.00829193 based on '2-Day Hammer' entry method at 12.28.2018. Total Profit: 3360242 Closed trade(s): 2428404 Profit Open trade(s): 931838 Profit Closed Profit: TP1 @ 0.00945400 touched at 01.06.2019 with 116207 Profit. TP2 @ 0.00999300 touched at 01.06.2019 with 170107 Profit. TP3 @ 0.01063810 touched at 02.08.2019 with 234617 Profit. TP4 @ 0.01240100 touched at 02.09.2019 with 410907 Profit. 116207 + 170107 + 234617 + 410907 = 931838 Open Profit: Profit for one trade is 0.01233927 (current price) - 0.00829193 (open price) = 404734 6 trade(s) still open, therefore total profit for open trade(s) is 404734 x 6 = 2428404 All SLs moved to Break-even point. Previous Take Profit: TP5= @ 0.01334200 TP6= @ 0.01533800 TP7= @ 0.01733900 TP8= @ 0.02019900 TP9= @ 0.02383000 TP10= Free
Long
by ForecastCity
32
There is a possibility for the beginning of an uptrend in LTCBTCTechnical analysis: . Litcoin/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55 . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00803070 to 0.00732360). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00803070) Ending of entry zone (0.00732360) 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= @ 0.00999300 TP3= @ 0.01063810 TP4= @ 0.01240100 TP5= @ 0.01334200 TP6= @ 0.01533800 TP7= @ 0.01733900 TP8= @ 0.02019900 TP9= @ 0.02383000 TP10= Free
Long
by ForecastCity
2
Hurt Litecoin ( LTCBTC ) takes on a painful journey down southHello Friends, Here comes my third and final chart for the day. This is yet another simple yet informative chart for you on the daily frame with explanation of what the chart shows. If you have seen my previous chart on Bitcoin ( BTC ) on daily frame, the path is clearly downward. (Ref: ) We all know, when BTC goes down it takes everything else down with it, a major reason why Litecoin will likely fall down apart from the weakness visible in LTCUSD chart. The LTCBTC chart, however, shows further signs of weakness in medium term (spanned over many weeks) with a death cross of 50 MA and 200 MA and rejection at MA 200 in the first week of June. Classical charting pattern wise, it formed a descending triangle (marked in black). The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern. As has been evident in the chart, it has broken down and moving south a day after testing the bottom trend line of the triangle for the third time. As the chart suggests, MA 200 acted as resistance for 12 long days before rejecting the price and a death cross of 50 MA and almighty MA 200 has happened. They are going to act as resistance on the journey up. Price will eventually go down since that is the path of least resistance. Medium term view: Next major support is wayy down at 1.272 rectracement at 0.008866 level and below that at 1.414 level further down at 0.007060. They are the likely destination. It might take many weeks though. Short term view : We are currently seeing a small rally on day candle. It can continue till bottom of the triangle. If that is breached and confirmed, God and BTC willing, a rally till 20 / 50 MA / 786 retrecement can't be ruled out in short term (few days to a couple of weeks max). However, don't take your eyes off from the bear market. Thank you. Feedback welcome.
Short
by esjaees
3
LTCBTC PROFIT OPPORTUNITYBuy Price: Green Line SL: Red Line Profit: in short-therm i expect 5%, in mid-therm i expect 30%! Invest Suggestion: 20 Percent Profit Expectations: - 10 - 30 Percent Looking at the chart of LTC , we could see that is a low channel!! We Have the 13 HMA crossing the 34 HMA and the 50 HMA , indicating that we have a growth tendency ( dont think it's enough to break the low channel yet)!! MACD lines crossed too and ANN strategy is in green zone! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
Long
by CGCryptoTrader
$LTC #LTCZ18 - Technical Outlook - Day trader ExplainsHello Lads and Ladies, As we just had a live call, i want to make a small update on Litecoin. Especially for the trading pair on BitMex. We have here on the pointed out green points, points of interest of multiple groups. We just confirmed our previous trend and bounced back up to and above the 61.8% line. Looking at it from this point on, we have a very strong historical support at 860 for LTCZ18. Should we mange to have a close within the next 24 hours above it, it will be considered as a solid buy opportunity. We have tested the 880 resistance but did not manage to hold it long enough. Therefore, we will most likely see a test there again and since we have an uptrend but a horizontal resistance we will most likely get squeezed out of this structure sooner or later. From my point of view, this will be pretty soon. A nice play out would be towards 870 and then testing the uptrend line crossing 860. If we confirm another confirmation on this one, we will be able to break 880 comfortably and go further THROUGH 900 towards 920. All of this should be playing out within a week. A break of 830 would confirm the break of the uptrend and most likely bring us back down to 810. Since everything is mooning and we see a lot of positivity coming back in, I expect Litcoin to move pretty soon as well. Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. This is as always a delayed post, if you are interested in first hand news, feel free to join our group, Cheers, TJ
LLong
by KongTrading
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 attempting to break the trend line Litecoin is attempting to break the 7-month old trend line. After creating the series of lower highs and lower lows, the price created a hammer candlestick pattern. After the price pushed below the support trend line, it closed above the trend line. This pattern is a bullish reversal candlestick pattern, made up of just one candle, signaling the end of a downtrend. The candle looks like a hammer, as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick. The next level of resistance is the horizontal line resistance, coupled with the big psychological level of 0.0100, followed by the 100 DMA.
Long
by WhaleAgents
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
LTCBTC: Signs of LifeLitecoin has a especially strong correlation with Bitcoins price over the last 3 months. It is currently at the bottom of a descending wedge with BTC and near the last of its long term supports. We foresee at least some upward momentum as this coin attempts to reach the upper resistance of its wedge. Invest small amounts of capital here in expectation of a small rebound. Reinforce if we breakout of the wedge. Buy: 0.01275 - 0.01278 Target 1: 0.0134 Target 2: 0.01392 Target 3: 0.01534 Target 4: 0.01598
Long
by CoinAndCrypto