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Litecoinlong

LITECOIN "LTCUSD" Imitates BITCOIN and Ready For a AdvanceAs I stated in my previous post, Bitcoin drives the price action on most of alternate cryptocurrencies. A five-wave defined an impulse which means the direction of a trend as you can see in wave A/1. After an impulse, the subsequent move is called a correction, which is just a pause in a market cycle to allow people to join in the train again. The corrective wave of LTCUSD which unfolded as a double three zigzag seemed to have found a bottom at $42.36 support circa. The area was comprising a strong demand zone and 78.6 Fibonacci retracement of the advance from $22.13. If this wave count is correct, we should anticipate a rally from or near the current level and advance towards the resistance with 1 and 1.236 Fibonacci extensions, as indicated on the chart. The breach of wave (x) high will confirm that LITECOIN has really bottomed. What's your thought about Litecoin? Kindly keep the comment coming. Best of luck on the chart! Veejahbee.
COINBASE:LTCUSDLong
by Veejahbee
Is Litecoin REALLY About to Go on A Bull Run?Hello Traders, I have been watching Litecoin for a while now. You might have seen my previous 2 Litecoin charts which have been monitoring the retrace (below). From what I am seeing in the chart It would seem LTC has finished its retrace and from here I am expecting sideways price action and then a bull run forming to complete wave 5 of its main cycle. Litecoin just had a pre halving pump very similar to the July 2015 pre halving pump. Price in 2015 took about 55 days to retrace to the 0.786 fib level and then it went sideways and up. Today the price took 123 days to retrace to the 0.786 fib level which has been supported by the bulls with a wick and a bounce. On the weekly chart there has been bullish divergence on the RSI and price is currently hugging the weekly 200 MA. From an EW perspective things are actually looking pretty normal and it would seem a sensible conclusion that price will go up here.
BITFINEX:LTCUSDLong
by WickHunter
3
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
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
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 - 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 - 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
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
62% Increase On Litecoin ComingAfter a generous pullback I would look for a move up to the top of the green box up there and then a sudden pull back. Doesn't have to, but this is what I am looking for. Volume needs to start increasing with demand to continue bullishly. Currently looking at the ascending triangle and also descending broadening wedge, two bullish patterns to push price up. If Bitcoin starts to slow down, expect this move to happen quickly. Not financial advise, please trade based on your own rules and setups.
COINBASE:LTCUSDLong
by thejdela
5