Litecoin LONG Today only Pullback 1 HR Chart#Litecoin #Bitcoin #Ethereum #ETHUSD
Hello to all watching my charts
Today we have a normal pullback maybe to the breakout level of the
inverse head and shoulder formation which has beeen stablished and formed
yesterday (Please watch my black line here)
But nothing to worry about at the moment
What is to mention is, the best for long positions
is my black line holds as maximum pullback level down.
If that level will not hold, last exit would be at my blue line level.
Trading below that is critical for long not even short
but than it will be the really really "pay attention time" for longs.
Good trades
If you want to support my work and my trades, please like them..
Renkotrade
Litecoinlong
Litecoin LTCUSD LONG NOW 1 HR Chart 11.00 a.m. NYT#Litecoin #Bitcoin #Ethereum
Hello to all watching my charts
Impressive , what Litecoin is doing today.
Has build now a bullish SHS Formation (Shoulder/Head /Shoulder)
and is in a long way now.
Also has climbed above my long setup level from last post.
so has climbed above the major resistance BLACK LINE.
LONG NOW
Good trades
If you want to support my work and my charts please like them...
Renkotrade
LTC long ideaLTC long idea.
Buy 0.0076-0.0081 (daily 1D bullish OB)
T1: 0.0105 (1st 1D bearish OB)
T2: 0.0115 (2nd 1D bearish OB)
T3: 0.0142 (3rd 1D bearish OB)
Reasoning:
C wave in a larger WXY correction.
C wave is a zigzag 5-3-5 correction with an extended 1st wave correction.
1D bullish OB in the green box.
there is 1 below it at 0.0071 which may also be a target. but since the USD version of LTC looks bullish af, i don't think we'll hit thta.
Simple bullish divergence appearing on the RSI, slow and fast oscillators over 14 periods. medium strength signal.
Litecoin SHORT 1 HR Chart#Litecoin #Bitoin #Ethereum #Crypto
Hello to all watching my charts
Litecoin shows us now really weakness the last
1,2 trading days
Broke the long blacktrendline support (my black line)
and is now middterm and shortterm in a shortchannel-
I have not added in the chart the shortest timeframe
cause ist totally enclosed in the blue lines middletimeframe
Short
I have added 2 support aereas from march/june
at 98 / 100 USD where it seems to be the pair find support now.
But dont mix that up with a long chance
It will change to LONG only after a jump to the aerea
where my BLUE ARROW is
so with a jump above the latest high at 108 USD
Good trades
If zou want to support mz charts and mz work please like them
Renkotrade
Probable 14% Litecoin ScalpYesterday Litecoin broke its upward channel and tested support at 98 (blue line) which was also a 0.618 retracement level. From here the 1H chart is showing bullish divergence. A simple strategy to use with divergence is to play the trend line breaks of BOTH the price action trend and the RSI with confirmation from MACD. My target would be a back test of the upward channel's bottom trendline at $117.60, if we break above we may be able to resume our upward channel.
Here's why I think this move is a strong possibility:
-Price action trendline broken
-Bullish Divergence on RSI
-Trendline break of RSI
-MACD confirmation
-This bounce happened at support and the 0.618 Fib level
Set stop loss slightly below the lowest wick of the last swing low.
Please feel free to share your ideas or comment!
LTCUSD SHORT Till MIN 112.20 or much worst#Renkotrade
Hello to all watching my charts,
In the fall of all crypto currencies there is one crypto which seems to me
one of the worst and so one of the best short trades.
So lets have a look at
Litecoin / USD = LTCUSD
The pair had had found af fine bottom at 112.20 and started an impresssive rally
from this point to nearly 134 which is 20% up !
Than we had seen unfortunately broke of one support after the other.
First 127.50
Second 127.00
Third 125.80
In additon the trendline long brake
(All these breaks to the low i have marked with black lines here)
If now if you will go long , for a trendchange we must see
minimum the 115.00 in 2 days
or thats the opposite scenario , if the last support at 112.00 will break
the pair will be traded much lower in my eyes.
So be carefull with long engagements here,
check the next days and we will have a decision here.
Good trades
If you want to support my woerk and my charts , please like them...
Renkotrade
But than in the fall of all cryptoswe have now a fall below 3 supports
(sown in black in my chart) and after that no botom is to see.
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)
LTCBTC in priming for a breakout?We observe LTCBTC's first markup in a 3 part impulse wave, followed by a pretty dramatic 2 part correction wave, and markdown back to the 200MA (in red). It is a pretty solid double bottom on the 200MA to indicate a strong support level/indicator.
This is followed by a rebound and flag consolidation at the converging 50MA (in green) and 100MA (in orange). Price action has also been very obedient to the Fibonacci Levels - trade set ups can be referenced from these levels for entries and exits according to your risk tolerances.
The bullish scenario would be for a breakout from the flag breaking above the 50MA and 100MA simultaneously, in attempts to retest the 78% Fib level. This looks quite possible from the likely MACD cross - although you may want to be wary of a fakeout, as the shorter line (blue) seems to be tipping over, and the longer line (orange) has not seen a clean break.
The ADX momentum is also weak, with very minimal DI divergence (regardless, both of these indicators are 'lagging indicators', and should not be your sole source of analysis).
The bearish scenario, would be for a rejection of the 50MA and price action back down to the 200MA. It is however, unlikely for the price to fall below the 200MA as it would spell disaster.
For those who pay attention to fundamentals and news, the Litecoin halving is just a couple months away, and sentiment is generally bullish.
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.
LTCUSD Still Best Performing CrytpoIf you have the guts for exposure to such high beta (if you're familiar with the concept of variance) then getting into a basket of crytpos is for you. And if getting into a basket of cryptos is for you, then most of your exposure should be to Litecoin, not Bitcoin, Ethereum or EOS. As stated several times and reinforced today, Litecoin remains the best performing crypto if entry in late 2018 to early 2019.
Litecoin Short Becuase Doji Signals A ReversalWe all know doji patterns after an uptrend suggests a reversal. LTCUSD saw yesterday form one of these patterns. However, the difference between LTCUSD's doji yesterday is that it did not really come at the end of an uptrend. Rather, price action has moved mostly sideways over the past week of trading. Because of this, I would not start lighting your hair on fire and selling all the Litecoin you have. On the other hand, stochastic and RSI remind us that we have a bit of a ways to go before overbought signals are flashing. However, once they do, get ready for the exits as price action in LTCUSD can move incredibly fast. For more analysis, check out www.anthonylaurence.wordpress.com
Litecoin Best Performer from February 2018 until March 2019From February 2018 entry until early March 2019 entry, LTC is the best performing crypto. Not much else to say beyond this other than its still extremely high beta.
If you would like more words with my financial analysis please feel free to check out more content at www.anthonylaurence.wordpress.com
Heading Towards Major Sell SignalThe Litecoin LTCUSD pair is already flashing overcrowded with the 50 day moving average headed towards passing over the 200 day moving average.While most moving averages point to upward momentum, the dreaded "death cross" is a more longer-term pattern all traders should keep an eye out for.
For more content, please check out www.anthonylaurence.wordpress.com
Litecoin(LTC/USD)-SetupFundamental prospects surrounding the Litecoin Foundation remain bullish and supportive of the price surge.It has moved 100+% since december month from $22 price level.It has dethrone BitcoinCash(BCH/USD) from 5th position when it comes to market cap.
Bullish Case:
Litecoin has moved 50+% since 1st of this month and a possible pull back is likely to the preliminary support level around $39 price.
This level needs to hold for further bullish momentum to break the preliminary resistance level and test the major resistance around $60+ price.Breaking this zone would be strongly bullish for the pair.
Also, it has penetrated through ichimoku cloud and 200D-SMA , which is bullish for the pair and might act as mini support levels in the coming days.
Bearish Case:
If the preliminary support around $37 price level doesn't hold then it could early signs of bears control.Breaking down the major support level around $30 price would confirm the bearish sentiments.
LTCUSD - PROFIT IN THE NEXT DAYSBuy Price: Green Zone
SL: Below Red Zone
Profit: Blue Zones
Invest Suggestion: 10 Percent
Profit Expectations: 50 Percent
All technicall indicators of LTC are turning good, soon the EMA 13 will cross the others EMA's ( The Privot Reversal Strategy is indicating this reversal tendency ans an entry on this level right now).
Besides, we have great news about LTC ( search them on google, i can't post links here )!
The key levels for this trade are the yellow circles, keep watching it, when LTC hit that zone, it can retrace!
See me previous analysis and how profitable the are!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.