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Litecoinforecast

Don't miss the great buy opportunity in LTCUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (52.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Litecoin/US Dollar 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 75. Take Profits: TP1= @ 64.15 TP2= @ 79.15 TP3= @ 99.30 SL= Break below S2
BITSTAMP:LTCUSDLong
by ForecastCity
10
Hold 37-33 Dollar area or down for a double bottom?Ltc has had a nice bounce of the 0.5 Fib level of the entire structure.. but then got rejected by the 0.65 Fib level of the impulse that started in December of last year. The support looks strong around the 37-33 dollar range, holding above the 0.5 Fib, the 1:1 extension of the first big impulse in 2017, the 0.786 Fib of the latest big impulse and the 1.65 fib channel of the pitchfork. If we don't hold we will probably test for a double bottom around 23 dollar.
COINBASE:LTCUSD
by Fomonacci
Litecoin is Trading in a Tight RangeThe LTC/USD pair continue fell down since the its halving in late August. The coin has lost nearly half of its value since that time. Moreover, Litecoin’s hash rate has decreased by almost 70% since the halving, which means that miners are not so happy and motivated to support the network. At the time of writing, Litecoin was down by 0.85% for the last 24 hours. Price action on the daily chart is narrowing within a bearish pennant structure. At the same time RSI indicator (36) is near to its oversold zone. The pair also is limited by the middle line of the daily Bollinger Bands around $46.85. Once it is out of the way and the price break the upper line of the pennant, the upside momentum is likely to gain traction with the next focus on $50.64. There is the upper boundary of the recent consolidation range (also psychological area). It is followed by the upper line of the daily Bollinger Bands at $51.74. Critical weekly support should be noted at the $45-44 region. And failure to hold could invite another wave of selling. In that event the bears should send the price towards $43.70. This barrier is created by the lower boundary of the above-said pennant. A clear break there will send the price for testing December low at $42.78. Once it is broken, the lower line of the consolidation channel of $41.04 will come into view.
BINANCE:LTCUSD
by ForexTrendline
Litecoin struggle to stay above $60 LevelsLitecoin fell by 3.02% on Monday. Following on from a 0.55% slide yesterday, the sixth-largest digital asset has been moving sideways recently. But the bullish trend stays intact as long as the price is above $60.00. On the intraday level, LTC/USD is seems ready to re-test the lower line of 4-hour Bollinger Bands ($60). A sustainable move below this handle will increase the bearish pressure and push the price towards Tuesday’s low at $59.48. The nearest resistance awaits the coin on approach to $61.40 with 1-hour 100 SMA located there. However, Litecoin would need the support of the broader market to break out from Tuesday’s high $63.06. The H4 MACD shows that right now the bears are gaining traction. And with the support trend line already broken we can see the bearish momentum to extend with a short term target at $58. But the zone between $46 – $50 remains the key support area and should be able to defend against acute selling pressure. From the longer-term technical perspective, a strong resistance is created by a combination of 50-day SMA (around $66) and the upper line of the daily Bollinger Bands at $64.45. Once it is out of the way, the upside is likely to gain traction with the next focus on psychological $70.00 level. How do you think - will the sellers be stopped around $58 and the bullish trend will resume?
BINANCE:LTCUSD
by ForexTrendline
LTCUSD forming bullish cypher | A good long opportunity aheadAfter forming Shark pattern now th priceline of Litecoin / US Dollar cryptocurrency is forming last leg of bullish Cypher pattern and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets Buy between: 55.78 to 54.57 Sell between: 56.74 to 59.03 Regards, Atif Akbar (moon333)
COINBASE:LTCUSDLong
by moon333
LTCUSD Litecoin SHORT 1 HR Bad Day for CrytosHello to all watching my charts. LTCUSD is in Short mode like ETHUSD also. Here in LTC Litecoin its in addition a broken trendline which has been last from 17.10.2019 till now and Litecoin have been sitting up and jumped up from that line at least minimum 5 times. If such an important Long trendline is broken there is something change big coming in short , thats my oppinnion. If you want to know more about my trading style please send my a mail. Good trades Renkotrade
BITSTAMP:LTCUSDShort
by Renkotrade
litecoin (LTCUSD)-667% Profit Expected-Get Ready for 6x-7x GainsLITECOIN (LTC) - LTCUSD -667% Profit Expected-Technical Analysis Get Ready for 6x-7x Gains ... Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. TextTarget Profit Range - 53 - 165 (89%-667% Profit Expected) TP - 1 - 53 TP - 2 - 71 TP - 3 - 94 TP - 4 - 120 TP - 5 - 143 TP - 6 - 165 Buying Zone! Long Position Early Entry Trigger Point - $25 -$31 Ideal Entry Trigger Point - $18 - $24 Adjust your Stop Loss according to your lot size, account equity, strategy & money management. ***If you want to get in this trade from this point 54.10 you can still make 31.2% profit till TP2 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Good Luck.! Disclaimer - This is not financial advice. This is my personal view and analysis of this chart. If you follow this idea please plan your trade according to your lot size and account equity. Don't forget to like, comment & follow , If you agree with my analysis :)
POLONIEX:LTCUSDLong
by Jaffery
2