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Litecoinforecast

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
Litecoin and other Alts - To the moon?Well... Let's see if LTC has the gas needed to get past resistance. So the next resistance point is the 50MA on the 1D which is also coinciding with the downtrend channel line, this will make this area very hard to poke through. A lot of volume is needed and we just down have it right now. As I see it BTC was just creating a big fakeout with that green candle it printed. Yet another thing to note for Litecoin is that the 20EMA has proven to be resistance, let's wait and see if it even makes above this moving average. Keep in mind that BTC rules this entire universe so we have to see what Bitcoin is doing to get an idea what to expect for all other Alts. For BTC it will be very tough to go over the resistance points that it faces. So if BTC does not go over its resistance, neither will all other alts. Take a look at the chart below. Bitcoin price is now coming up to the 200MA which is going to be reinforced by the 20MA. Volume needs to be higher or price will drop very soon. Let's take a look at where volume comes from in the chart after this one. www.tradingview.com Ok, this is where volume in crypto is generated, if money comes in here than you will see it reflected in BTC and all other alts. For now the norm has been between 200 to 214 billion dollars. If you see it go higher than 214 billion that means we are going to see a large volume spike, and if you see it go lower than 200b we may see a serious drop. The next important thing is that once money comes into crypto where does it go and how does it get distributed? In the chart below you can see that there has been a drop in BTC's dominance hence the spike in price by some alts. The lower the number on the chart the higher in price alts will be, take a look, right now we are at 69% and if we drop to let's say 50%, that will be great for Alts, the price will spike very high in that case. Wisdom In investment banking, there is a secret called the "90/90/90 Rule" which means that 90% of investors will lose 90% of their money in just 90 days. Just remember that large institutions are after your money, so don't make greedy unplanned moves, they are counting on you doing just that. NOW, THE LEGEND; Support trendlines are green Resistance trendlines are Red Horizontal support lines are white, the thicker the stronger the support 50 Moving Average is yellow 200 Moving Average is white THE TREND: Going down THE OUTLOOK: Safe to buy a small percentage on the pullback. Be safe and follow me to make money and stay ahead of the curve. Xena Exchange Resident xena.exchange
Long
by cryptoGats
6
LTCUSD formed a bull Shark | Another buying opportunityAfter completing the bullish BAT pattern now the price action of Litecoin / US Dollar has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish then buy. I have used Fibonacci sequence to set the targets: Buy between: 54.06 to 53.12 Sell between: 54.88 to 56.74 Regards, Atif Akbar (moon333)
COINBASE:LTCUSDLong
by moon333
Litecoin Technical Analysis 10/1/2019 LTC/USD Technical analysis. First day of Q4. Price seems to have finally slowed down near the $55 range after a harsh move down in the last week of September. Looking for more confirmation before entering any more positions. Very neutral for the time being. However, I think if price breaks $60, we could test the $66-$72 range rather quickly, but if price breaks $50 we will see a sharp move down possibly all the way near $34. Long term I am still personally very bullish on this coin and have been stacking positions all year.
COINBASE:LTCUSD
by LemkeCapital
Litecoin - Will make you a lot of cheeseEverything in crypto is cyclical, that means that alt season is coming back again. How do you get ready for the season? What are some of the best alts to buy? The best thing to do is to load up on high performing alts and one of these is Litecoin. Let's look at it from this perspective; Litecoin has hit $400 and on the next move it will hit $400.00 again and then some. This high performer is at 75% off right now and it looks like it can go lower. I started to load up once it hit $57.00 and will buy my final batch at around $22.00. Why $22? I believe a lot of these coins will try to double bottom and $22 is it for Litecoin. I will not buy anymore unless it hits 22.00 or below. I will instead look into other alts if the powers that be don't come through. Let's do the math; If you buy $5,000 LTC at $22 that's 227.27 Litecoins and when we hit all-time high again at $400.00 that's $90,000. Nothing in this scenario is impossible. Now, I 100% recommend only playing with the money you have left, or just use a much smaller amount to test out this scenario. Do not put the money you can't afford to lose into this high-risk asset class until you learn more about Technical Analysis and trading in general. In trading there is a rule big banks and investment firms go by; It's called the 90/90/90 rule. Which means that 90% of investors will lose 90% of their money in just 90 days. Remember that everyone is after your money, the smart thing to do is only put it at play when the bottom is in. If you don't catch this bottom, well that's fine because there will be another bottom in just a few weeks. In the coming weeks, we'll play a little game of "double my money." We'll take a small amount like $500.00 and turn it into $1000.00, that into 2k and so on... All we can lose is $500.00 but the profit we can make is infinite.
Long
by cryptoGats
2
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