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Litecoinforecast

LTCBTC completed the gartley | Upto 78 percent profit expectedBy the grace of Allah the most high my previous idea of LTCBTC: Generated more than 32 percent profit. Now the price action has completed a bullish gartley pattern. We can see the price action is also in a wedge and it has hit the wedge's support. The volume profit is showing a very weak interest of traders at this area. We have also a 50MA support on week chart withing the potential reversal zone which will be very helpful for price action to hit the sell targets soon insha Allah. The targets are: Buy between: 0.011490 to 0.009465 Sell between: 0.013084 to 0.016912 Regards, Atif Akbar (moon333)
Long
by moon333
1
Litecoin - Consolidation for the greater goodLet's get right to the chase. This consolidation period is where you should be buying Litecoin in huge bulks. Take a step back and think about how the institutional traders are buying into Litecoin. They are not looking to pump the price, which means they have to buy in areas of consolidation. Litecoin has been consolidating for the last week, and there is no sign of downward pressure which is going to rock the boat. You also need to remember that Litecoin is a significant stable cryptocurrency for transfers. Conclusions: Do not worry about the entry price for a longer term hold on Litecoin. Price is currently around $140, and while we are under $150, this is a great time to buy more Litecoin. $137 or below is my current value area for Litecoin, and as we have seen no action over the weekend, I would assume that we have another moon launch coming. You can now join the private IONIC Capital telegram group, where I am building an open community to talk about investing and capital preservation. IONIC Capital Telegram Plus, check out the blog, remember to like this post and follow me on Tradingview. LITTLE BIG MOVEMENT LATEST BLOG "Patience is the key to any market" - Nathaniel. Thank you for your love and support. Regards Nathaniel - "The value Trader" Little Big Movement / IONIC Capital
COINBASE:LTCUSDLong
by Little_Big_Movement
Litecoin Accumulation Phase - Be Ready for the next waveMost traders are prone to hating the accumulation phase of a market because there is no clear sign which way the market will go. If you look at any market which is related to currencies, the accumulation phase is the best time to buy or sell. Sideways price tells me one thing - " buyers and sellers are equal". Now at this point, you might be thinking, "well, that is not going to help me" but it will. What you need to remember is Litecoins price has not dropped below $85 since the $100 high. Whales love to swim in the deep waters with vasts amount of liquidity. This provides them with the best cover to hide their big trades without moving the price of Litecoin. Have a look at the current value area (green box) between $90 - $80, if you are looking to buy at the best price. its possible the price will not drop below $90, try to position a trigger trade if price breaches $95. We will retest the $100 again so don't doubt this uptrend. LITTLE BIG MOVEMENT LATEST BLOG POST "Patience is the key to any market" - Nathaniel. Next update will be next week - Thank you for your love and support. Regards Nathaniel - "The value Trader" Little Big Movement
COINBASE:LTCUSD
by Little_Big_Movement
Litcoin's relative price against Bitcoin weakeningThe LTC price breached a crucial resistance against Bitcoin and the relative price against bitcoin seems to be weakening. The overall trend line also seems to confirm the same trend. We can still wait at this point partially to see how the trend spans out in the subsequent days. If there is a jump above the crucial resistance line pointed out the prediction will be invalidated and we might have to observe how the new position looks like. But at this juncture I still see the relative price headed down south till it reaches the oversold territory where at that point there might be a minor bounce. The strategy at this point is partially sell, and re-enter if there is an upward movement. Otherwise the next buy zone will be when RSI indicator reaches the over sold zone. Please note that the trade calls are the authors opinions based on technical analysis and hence readers are requested to do their own in depth study before investing.
Long
by SuperCryptoNiteAnalysis
Litecoin can be Good idea to Invest in Long TermWhile the price is above the support 64.45, beginning of uptrend is expected. We make sure when the resistance at 109.10 breaks. If the support at 64.45 is broken, the short-term forecast -beginning of uptrend- will be invalid. The RSI support at is broken, so the probability of beginning of uptrend is decreased. While the RSI downtrend is not broken, bearish wave in price would continue. Buy with price action and confirmation when price is in Buying Area. Happy Trading.
COINBASE:LTCUSDLong
by copymyfx
LTC/BTC (Litecoin) Hodl Till Halving..!!LTC/BTC (Litecoin) (Weekly) Technicals..!! Holding Weekly Support Above Weekly 20EMA RVI-RSI Both Bullish It'll Boom Soon Due To Halving In August. It's Also Following BTCUSD Both Resistances Mentioned In Chart Strong Resistance Is Our Final Target Until Mid July 46% Profit Expectations So Buy & Hold Some Inrtroduction ...!! Litecoin (LTC) is one of the oldest cryptocurrencies in existence after Bitcoin, having launched in October 2011. It was developed by Charlie Lee, who remains involved with the coin to this day. Litecoin is a codebase fork of Bitcoin which means it doesn't share any history or connection to the Bitcoin genesis block. As a fork, it has many similar characteristics to Bitcoin, but has opted for shorter block generations times of around 2.5 minutes. This allows transactions to be added to the blockchain sooner. Because of the decreased block generation time, it quadrupled its base supply to 84 million to compensate for the inflation rate. Currently, Litecoin has lower transaction fees than Bitcoin and can be used as a digital currency on the web to pay for goods and services and to play at crypto casinos. The value of Litecoin has grown significantly, and the currency’s market cap now exceeds $4 billion. Part of Litecoin’s surge in popularity in 2017 has been attributed to the currency being able to adopt and test a number of new features before Bitcoin, such as Segregated Witness and the Lightning Network, technology which allows the network to process more transactions. Hit Like For Our Motivation.. Thanks
Long
by Faibik
3
$LTC the #CryptoCoffee Edition - Day Trader ExplainsLadies and Gentlemen, Welcome back to TJ's Trade Corner!! Today we will be taking a look at $LTC. Since many people started talking about Litecoin lately and the founder of it is a certified time-traveler, I could not hold myself and NOT take a technical standpoint on the whole hype and conspiracy about Litecoin. First of all, we start with the market structure. Here, we see the only coffee that I like drinking.. The Crypto Coffee which is served in a beautiful Cup and Handle market structure! We had a long long way down, started bottoming in December and now after a really crazy rally, we can see the big retrace and the handle pretty much complete. Taking a look at the retrace, I can see such a steep decrease only in December, where we found the actual bottom for $LTC. This might be the case this time as well and we have the chance of being ready to witness one of the biggest pump this year!! Yes, even bigger than $BTC. Let's take a look at the Volume!! Here, we need to zoom in a little: As we look at this, we can see over the last three days a pretty strong and significant Volume. First, a nice dragonfly-doji or as some might say scuffed bull hammer, in any way a strong reversal and bullish candle. Then two continuation candles, both significantly bullish. Today, we are seeing a small retrace, which is of the same size as the previous day BUT it has 1/6th of the volume. This means that people are not really selling and over the last 3 days we saw a lot of people buying!! Now, continuing with the moving averages, should we stay above the 89 moving average, then the next few days have a high chance of being very bullish. Nevertheless, should we close below it over the weekend, we will most likely see a blood bath on Monday with first target reaching for the 12845 and then ultimately for 12185. Looking at the TJ-Stoch, we can see that we are since pretty much 2 weeks in oversold conditions and we just got the Stoch crossover and see a nice green cross on it. This at itself is already a buy signal and based on the above it is backed by multiple factors. This TA and a full trade set up has been published before in my private learning group "ETG". We are going over many observations and possible trades very frequently. It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading. Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested. Like and Follow me and you will find the space 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. Cheers TJ
Long
by KongTrading
1
Has the LTC Rocket run out of fuel?Hey all, its Nathaniel - "THe BiPolar TraDer" If you have not realised by now, I am back again with another market analysis on LTC/USD. If you have no idea where I have popped up from that is ok, check out my blog which will give you a little insight into my trading journey. LITTLE BIG MOVEMENT LATEST BLOG POST Now let's get down to the good stuff. LTC/USD - Hopefully you read my last market analysis on LTC/USD because this is just a brief update on how the market has moved in the last 2-3days. In that post, I explicitly stated not to put your moon boots on just yet, because I did not believe it was the right time. The price needed to move back down to the average price, after launching into an overvalued area (not overbought). Something you may have noticed Is that I use the VWAP calculation (indicator) to define this for me. It was clear we had extended to far away from the average price and that we needed to come back to this area. Looking at the chart, you can see that the price moved back into the value area, which I started to look out for in my previous market analysis ( $93.00 - $83.00 ). The same day the price closed within the value area, and buyers have been trying to jump on the bandwagon push the price up to the top of this value area. If you are looking to buy LTC, then my advice is to buy below the VWAP $84 .00 and hold for a long term investment at this point. If you look at the price of LTC in the last three months, it has moved over 100%, which could stipulate that there is still a more significant move waiting to happen (the rocket is refuelling) To make my life easier I have built a custom pine script indicator, which gives me an indication of where the value price is based on the criteria I used for my market analysis. I have not backtested this indicator, plus I would want to improve the indicator by defining a range. Watch this space :-), but I think it is publicly available already, so be my guess and use or enhance the indicator. Just let me know if you make any improvements as it could help me as well. Next update will be in the coming week - Thank you for your love and support. Regards Nathaniel - "THe BiPolar TraDer" Little Big Movement COINBASE:LTCUSD
COINBASE:LTCUSD
by Little_Big_Movement
#LTCUSD Is it time to get excited?Our technical analysis on LITECOIN/US will focus on the 2 indicators we added to the above chart. Stochastic-This indicator knows how to find such trends by a mathematical formula invented by George Lane (briefly on the indicator) as you can see we are currently in the 80 range that's a range of being overbought Ichimoku- this is an indicator for finds trends and not in order to find corrections that the market can make. According to the above indicator, On the daily chart, we are on a rising trend as the price of the LITECOIN is above the clouds and is accompanied by a rising green cloud. On the weekly and monthly charts,The trend is still declining and the Litcoin will have to continue the rises consistently to change this trend as well. In conclusion The trend formed on the daily LTCUSD chart is an upward trend but we have reached overbought signals and therefore we recommend a sell signal Sell LIRECOIN: Entry price:86.68 Take Profit: 65 Stop Loss:100
COINBASE:LTCUSDShort
by xosignals
WOW! is LTC going to MOON? " No one knows the future" - Nathaniel "THe BiPolar TraDer" As this is my first published price analysis, I would like to introduce myself. I am not going to sit here and pretend I am a self-proclaimed trader. Everyone has there ideas on the market, and I wanted to use TradingView as a platform to home my skills and one day be managing a hedge fund. If you would like to follow my story as it unfolds you can find out more about the "BIPOLAR TRADER" at my blog below. I am not a forecaster, so don't ask me where price is going. What I define in my analysis is price points where I believe could be turning points or value within a specific market. thelittlebigmovement.com Let get started with the Analysis. Don't get the moon boots out just yet. These huge moves move in the last two day within the cryptocurrency market has not come as a surprise to me. Looking at any cryptocurrency since the start of the year we have been in a solid uptrend. Don't listen to the crypto-sheep as the "smart money" has been buying up cryptocurrency. For the reversal traders, it is time to go and hide for a little while. There needs to be a pullback to the area between $93.00 - $83.00 which means the trend traders will be looking to jump back on the bull train. As of writing the LTC price hit $100 (21:16 BST) and is falling back down to the $93.00 price. The VWAP at this point is playing catchup but is slowly rising into the middle of the area I have outlined above. This Bear market might be over but make sure you keep up to date with these extreme prices. What goes up must come down Next update will be this weekend - Thank you for the love and support Regards Nathaniel - "THe BiPolar TraDer" Little Big Movement
COINBASE:LTCUSD
by Little_Big_Movement
Target reached, LTC should retraceA few days ago I talked about how good April is going to be for Litecoin. My target was of around $82 and we have reached $84 already, way before I expected. Bitcoin has made a huge green candle up to 5100 in major exchanges and is facing now what it could be the beginning of another big and last impulsive wave down. I´ll talk later about how I see the market in the long term and when and where I´m expecting this to end, but for now it not finished. We could see another small pump today? Yes, so if you like this idea and want to trade it but you are not sure yet, then wait until tomorrow´s new daily to see where it have stopped and then take your trade. Once again thanks for watching and hope to see you in my Telegram group soon. Previous analysis
BITFINEX:LTCUSD
by Coinamic
Crazy April for Litecoin?A few days ago I published an idea talking about the LTC retracement taking place, the days are passing and the price is going further in my direction. The retest of the channel is inevitable if the price wants to continue inside of it, so I consider this correction a very healthy movement. But could really LTC go towards $80? Absolutely, in my opinion April could be mad, a mini bull rally like the ones of those days back in 2017. The thing is that it wont last much and if finally it happens will be a huge bull trap for many. The upward channel is intact, the sentiment on LTC is quite strong at the moment, in my EW count, there is one more wave 5 left and I think that Bitcoin will sideways for a while now, the perfect ingredients for a super pump but let´s see, unless someone lend me a crystal ball I´ll have to keep monitoring the markets, and so far this scenario needs to be probed first with a good support around $52-$55. As always I´ll keep updating you, thanks for watching.
BITFINEX:LTCUSD
by Coinamic
2