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Litecoinforecast

LTCUSD formed a bullish Crab pattern | Upto 28% expectedBy the grace of Allah the most high after giving more than 29% profit as my previous idea: Now on smaller time period chart the priceline of Litecoin / US Dollar has formed a bullish Crab pattern and has hit the spike within potential reversal zone but MACD and Stochastic are still bearish therefore the priceline may give us another chance to catch it from PRZ area insha Allah. 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: 63.55 to 58.97 Sell between: 67.10 to 75.70 Regards, Atif Akbar (moon333)
COINBASE:LTCUSDLong
by moon333
LTCUSD has formed a bullish butterfly | Upto 66% expectedPriceline of Litecoin / US Dollar has formed a bullish butterfly and entered in potential reversal zone to take bullish divergence from here soon insha Allah. MACD is turning bullish. RSI is oversold. Stochastic has given bull cross. Price action is getting bounced after hitting the support of bollinger bands. Volume profile of complete pattern is showing less interest of traders at potential reversal zone. I have defined targets using Fibonacci sequence. (Plz ignore the previous chart where I predicted a shark now the leg is extended and it is behaving as bullish butterfly now you can follow the below revised targets, thanks) Buy between: 67.786 to 57.348 Sell between: 75.882 to 95.728 Regards, Atif Akbar (moon333)
BITFINEX:LTCUSDLong
by moon333
4
Litecoin analysis: Intraday Timeframe bearish Chart Pattern.Conclusion for today’s Litecoin price analysis: Litecoin price should continue to sell off until the 200 moving average gives way to more bullish momentum. Litecoin price chart presented in today’s analysis is an intraday (6 hour) timeframe using a log scale. Price action from December 14, 2018 to current date shows a dominant uptrend in Litecoin price that reached a peak of 142.14 June 22, 2019. A selloff following the June 22, 2019 peak constitutes the rest of the analysis and future development of price action. Price action from May 15, 2019 to current date saw Litecoin form a complex, head and shoulders top pattern that did confirm on August 9, 2019. The neckline for the pattern as drawn on the chart (dotted lines) is part of the long term bullish trendline in Litecoin established since December 2018. Price breaking and closing below the trendline is bearish and implies further move to the downside in Litecoin. The width of the Head and shoulders top pattern can be used to estimate the minimum target for the current selloff. Use of the width of the pattern however does require using an arithmetic scale for any price projection. This involves measuring the vertical distance and projecting it downwards from the neckline. Also plotted on the chart is the 50 moving average and 200 moving average. Both moving averages having a negative slope also adds to the current bearish bias in Litecoin price. Any bullish attempt or retracement is therefore expected to test price level at the 200 moving average. A successful test of the average could provide grounds for another round of sell off, while price closing above the average does suggest renewed bullish momentum in Litecoin that could see price return back above its June 22 peak.
COINBASE:LTCUSD
by Coin_Analyst
Litecoin - A great buy at this point and may go down further. Things to note about Litecoin and why it is entirely possible that we are still going down further. There is a death cross in the 1H, 2H, 3H, 4H, 6H, 12H, and now the 1D timeframe. Historically price goes down after a death cross on the 1D and it takes a small timeframe to recover from it. Those of you that bought in the $60's do not sell. We may go down some more but rest assured you bought at a great price. You should, if you can, buy some more as it dips down. In this instance, LTC will pull out fairly quickly out of the sub 200MA dip. How deep is the dip? Well... that depends entirely on what BTC does in the next few days and it looks like it is itching to keep running up. Let's wait and see how much the weekend drives the lTC price down but the point is that you are seeing a safe coin at a low price. Same goes for BNB, NEO, ETH, ADA, QTUM, ICX. DO not buy coins you are not familiar with or that do not have a large market cap. Stick to the top 20 at best, top 10 is recommended. Some of those alts are close to double bottoms and they will spark up very soon.
Long
by cryptoGats
2
Litecoin - All buy zones were hitHere is your game plan. As of today all of the buy zones I predicted back a month ago have been hit. If you committed a percentage of your capital to the coins I indicated you are in a low-risk high reward situation, CONGRATULATIONS you should be happy about this. NEO is still at a great place (In case you did not buy), NEO will double your money in just a few months It will hit $20.00 - $25.00. LTC is in a really good place and it will go down further so I hope you still have capital left to buy if it hits $57.50 or lower. To be clear all you need to do now is hold until LTC hits stiff resistance at around $140 or $200.00. LTC it has dropped severely since the high of 145.00 and it is yet to go through the death cross which will drive price down further. Again do not sell and just hold, your money is good with LTC and you will see a very nice return in the next few months. If you are still sitting on cash may I suggest BNBUSDT or ETH? Those two coins are very ripe and specially BNB which shall double your money in just a few months. THE TREND: Going down just a bit more THE OUTLOOK: Safe to enter but keep cash handy to buy more n case it drops further Be safe and follow me to stay ahead of the curve.
Long
by cryptoGats
1
Litecoin - Death CrossDeath crosses do matter, especially when they are about to happen in very important timeframes such as the 1D. They happen all the time on lower timeframes and they do influence the rhythm of price as they cross back and forth. What we are looking at here is an almost certain death cross by tomorrow on the daily, which you can't ignore, simple put what this means is that the 50MA (50 moving average in orange) will start to become resistance for a while. If that happens Litecoin will hit our crazy low buy zones. $68.00, $65.00 and $62.00. If for whatever reason it keeps going south it will hit our "Let's get rich" buy zone of $22.00. How will this scenario be invalidated? If we move up in one candle to around $91.00, how can this happen? If a whale steps in and buys a ton of LTC to get a rally going. To go where? To go up, ultimately to $200.00. TREND: Going down and it could be pushed further down after the death cross tomorrow. OUTLOOK: Unsafe for longs Be safe and follow me to stay ahead of the curve.
Long
by cryptoGats
1
LTCBTC formed a bullish BAT pattern | Upto 101% expectedPriceline of Litecoin / Bitcoin cryptocurrency is forming harmonic patterns with continuity. 1st the price action formed bullish Shark pattern and gave more than 168% profit, now it has formed bullish BAT and entered in potential reversal zone. Price action is hitting the support at 0.007001 sats which is not broken since Oct 2017. Volume profile of both patterns together is showing less interest of traders below 0.007001 sats strong support. Volume profile fixed range of only current butterfly pattern is showing low interest of traders within potential reversal zone so there are more chances that the price action will take bullish divergence from here soon insha Allah, however for secure trade we can wait for next candle stick to open and close sideways within PRZ area. I have defined targets using Fibonacci sequence: Buy between: 0.009461 to 0.008255 Sell between: 0.012336 to 0.016653 Enjoy your profits and regards, Atif Akbar (moon333)
Long
by moon333
2
Does Litecoin Have the Most Upwards Potential?Litecoin is showing a lot of bullish potential so long as it can hold this 61.8 level, which for the time being, seems like the most likely scenario. We can see that Litecoin appears to be consolidating right at this 61.8 level, and with that, building momentum. The 1 day time frame is looking strong on the Macd and we are getting a green bar on the Megalodon timer. If we turn towards our shorter time frame, we can see that we are currently receiving buy signals for Litecoin. This could be a good opportunity to start averaging your way into Litecoin. The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! You will also receive real time buy and sell signals for the stock market, cryptocurrency, as well as forex markets! We also completed our cryptocurrency automated trade bot. It trades for you, using our backtested indicator with phenomenal results! Click the link in my bio and try out the megalodon indicators today!
COINBASE:LTCUSDLong
by RandallGurule
Litecoin LTC - Let's wait and see It has been a while since LTC had a good move up and it may be a little longer still. Litecoin is in a Descending Triangle with an impending death cross, if in the next 3 to 5 days LTC does not close above $100.00 the death cross will materialize and it will send LTC into the 60's which will make it a perfect buy. LTC can be bought starting at around $68.00 all the way down to $60.00 with the possibility of hitting $200.00 soon. Be safe and follow me to stay ahead of the curve.
Long
by cryptoGats
5
Is Litecoin the Best Buy in Large Cap Crypto Right Now?Looking at our 1 day time frame chart, we can see that Litecoin is sitting right about the 61.8 level on the fibonacci. We can also see that the Megalodon indicator is giving us a buy signal on our shorter time frame chart. It is important to keep an eye on Bitcoin to see what the market as a whole will be doing, but it is certainly not a bad time to be buying into Litecoin as it has great upwards potential being at the 61.8 level compared to Bitcoin for example sitting at the 38.2 level. The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! You will also receive real time buy and sell signals for the stock market, cryptocurrency, as well as forex markets! We also completed our cryptocurrency automated trade bot. It trades for you, using our backtested indicator with phenomenal results! Click the link in my bio and try out the megalodon indicators today! We’re offering access to our indicators with 60% to 90% accuracy on TradingView and automated Crypto-Stock-Forex signals that has brought 3639% ROI this year alone. Here is a 30% off coupon for you. Use this coupon code during check out: lifetime-access Please let me know if you have any questions.
COINBASE:LTCUSDLong
by RandallGurule
LTC Long Opportunity (Super Support)Hi guys its Brian here with a long opportunity for Litecoin (LTC) As you can see from the chart, LTC recently just bounced off a super strong support as shown by the green circled areas. LTC has had 2 previous green days and if the support holds, I think we are headed upwards either in the near future or perhaps some consolidation before moving higher. Stop loss can be placed below the support and I have identified 3 good areas to take profit, labeled as TP1, TP2 and TP3 Free Workshop & Trading Group (signals, news, price alerts & more!) go.brianchai.com Youtube Channel www.youtube.com
Long
by BrianChai
LTCUSD Squat & HoldAfternoon everyone. Bottom line – I’m very bullish on LTC and have a long-term position that I’ve been building since early 2017. But…this is called TradingView, not InvestingView, so here’s what I’m looking at. - The halving came and went without much drama. It was priced in over a month early in keeping with historical performance. Notable is that Charlie Lee said in an interview that the price run up is just traders front-running one another, which creates a self-fulfilling prophecy of the halving pump. Keep that in mind since we have the BTC halving coming up. - I’m not super read in on the inner working of mining, but the block reward halving reduces the monetary incentive to mine at these prices. A percent of miners will switch to something else. The difficulty algo lags in adjustment. Looks to be reflected in price. - The blowoff top in June corrected to the .618 fib as drawn from the breakout in February. I don’t give this much weight since I have yet to read a rulebook for drawing fibs, but it’s notable that it stopped there. - .618 fib happened to have correlated with the 200 SMA at the time. Look where price is heading now. - 5RSI is on the bottom half = bearish - MACD fast average looks like it wants to cross the slow to the downside = bearish Cool points to make…now let’s add the human part. Price was a shit show during the last LTC halving since it was so new, so not many clues there other than to point out that there was a solid floor under it when it settled down. Then it took a couple years to gain some traction, and its yuuuuge rise came in a very short period. Sort of like silver does with gold. That tells me that the big profit portion of its bull market will be very difficult to get into on the front end with indicators, so being in position with a long-term eye is the best bet. The 200 SMA or the .618 fib level look to be reasonable spots to establish such a position if you don’t have one already. If it drops more than 1.5x ATR below either of those, maybe it’s not such a great time to be buying LTC unless you absolutely don’t need the money and there isn’t a better trade (like silver). If you must trade this…and I must, at some point, since I’m still allergic to money, I think reclaiming the 50 SMA will be key. Notice the 2JAN candle when price broke above it and the 8FEB candle when it took off. About a 300% gain if you followed the 50 SMA with a 1x ATR stop. The 50 SMA will have to level out and maybe point upward a bit for that to happen again, so don’t hold your breath for it given the current downward slope. Keep in mind that the lower it goes, the more committed some people will be. Then it’ll hit the bottom, and they’ll sell there. That’s how bottoms are found. Don’t be that person. Try to be the one to buy it from them. If you see a massive capitulation that makes you think LTC is a dead project, that’s when you buy for value. Submitting the order should make you a little sick to your stomach. So, there it is. Sit and wait. Could’ve done that without reading this, but hopefully this will sway you from over-committing funds before the downside runs out and not miss the buy-in when it presents itself. Good luck.
KRAKEN:LTCUSD
by HRoark64
2