Litecoin Short Term Buy IdeaH1 - Bullish trend pattern
Strong bullish momentum
Until the strong support zone holds my short term view remains bullish.
Litecoinbulls
Litecoin Short Term Sell IdeaH1 - Bearish trend pattern
Currently it looks like a pullback is happening
Until the two strong resistance zones hold my short term view remains bearish here.
Litecoin Short Term Buy IdeaH1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
Litecoin - Looking To Buy Pullbacks In The Short TermH4 - Bullish trend pattern.
Higher highs.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
Litecoin Trendline BreakoutHey traders, in this week we are monitoring LTCUSD for an interesting buying opportunity around 120 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Litecoin lagging behind but impulsive wave will follow very soonLitecoin has broken the daily descending structure so no more downside IMO.So If we consolidate above the market and don't go back into the structure we are totally fine.
The probability of going upward is quite high compared to a downside option but we always stay cautious of the bitcoin move so if bitcoin doesn't ruin the show, Chances of Litecoin to make an impulsive move is very high, keeping in mind the last time bitcoin was above 10,000$, Litecoin was above 80$.
So A 100$ Litecoin is on cards.
Short term Targets are
70$
84$
120$ BINANCE:LTCUSDT
LTCBTC forming bullish Gartley | A good long opportunity aheadPreviously on 8th Jan I posted an article where on 12 hour chart the Litecoin with Bitcoin pair was forming bullish Shark then finally the price action of LTC entered in PRZ area and produced more than 45% gains.
Formation of bullish Gartley:
This time on very short term 2 hour based chart the price action of LTC with Bitcoin pair is forming bullish harmonic Gartley pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: 0.006284 to 0.006260 sats
Sell between: 0.006303 to 0.006350 sats
Stop Loss:
The potential reversal zone area which is up to 0.006260 sats can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
LTCBTC formed bullish BAT | A good long opportunityHi folks hope you are doing good, in my previous idea of Litecoin with Bitcoin pair we have seen that the LTC had formed a complete bullish Shark pattern 12 chart. The formation of that pattern was started on 26th Dec 2019 and completed in 8th Jan 2020 and we have seen that on 8th Jan 2020 the price action moved up with the powerful divergence and produced more than 45% gains.
Another bullish harmonic pattern.
This time on 1 hour short term chart after successful formation of previous bullish Shark pattern the Lite coin has formed another bullish BAT pattern and entered in potential reversal zone and ready to move up at any time.
Let’s dig the pattern deeper to see how perfect it has been formed.
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 (here i have ignored extra spike) Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.006246 to 0.006225 sats
Sell between: 0.006297 to 0.006375 sats
So this very short term trade can be a good long opportunity.
Stop Loss:
The potential reversal zone area that is up to to 0.006225 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.
LTCBTC forming bullish Shark | A good long opportunityPriceline 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 zone.
Let’s have a look on the dimensions of LTC price action's moves:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection here I have ignored a little bit difference, and final (C to D) leg is suppose to be retraced between 0.886 to 1.13 Fibonacci for a perfect bullish Shark and then the price action will be entered in potential reversal zone of this bullish Shark pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.005560 to 0.005448 sats
Sell between: 0.005660 to 0.005885 sats
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
LTCUSD forming bullish Crab | Upto 27% expectedPriceline 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 0.005810
Sell between: 0.006600 to 0.007435
Regards,
Atif Akbar (moon333)
LTC LONG$LTC
POC of the range held beautifully on the weekly here. I would not be looking to short until a weekly close beneath. Pullbacks are for longing.
Litecoin in the clearQuick TA on LTC USD
We observe an inverse H&S formation with a clear break above the neckline. Clearance of the downward channel is also demolished, looking for the next major overhead resistance. Good consolidation of flag formation at the $40 range indicative of price strength confirmation.
Next target should coincide with the 200MA (in red), at approx $50. Short term bullish but the true test for reversal will be decided here. MACD crossover spells positive news after multiple rejections.
(Buy) Litecoin Technical Analysis for May 4, 2018Hello Traders,
Litecoin is designed for merchant and those willing to buy sell pseudonymously through blockchain. There is more adoption considering the number of merchants and payment companies/start ups willing to do business with Litecoin Foundation and or Charlie Lee. Besides, of all the coins in the top 10, it lags in performance meaning it is undervalued with better upsides in the long run.
Full TA at NewsBTC by Dalmas Ngetich
(Buy) Litecoin (LTC) Technical Analysis for April 27, 2018Hello Traders,
In the top 10 most liquid coins, none is under-valued than Litecoin. It lags in MoM growth and that is why it needs to expand in valuation for it to catch up. Technically, there is no better time to buy Litecoin. In the 4HR chart we have a stochastic buy signal which is perfectly in sync with that of the weekly chart whose prices are oscillating within a bullish break out pattern.
You can buy now, place a stop loss below $140 and aim for $180 and later $230 assuming Litecoin buyers step up their buy pressure.
