LTCUSD 20% Long OpportunityIn a few hours we shall get confirmation whether LTC is gonna go up or down. Right now TA is more towards going up.
I've already bought in but I'll advice everyone to wait for a few hours.
Litecoinlong
Litecoin, A great trading opportunity in LTCUSD. Don't miss it!!Trading suggestion:
Price is in the support zone (231.76 to 198.04), traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (231.76)
.Ending of entry zone (198.04)
Take Profit:
TP1= @ 286
TP2= @ 307
TP3= @ 330
TP4= @ 375
TP5= @ Free
Technical analysis:
.Relative strength index (RSI) is 52.
.Current short-term is range bound, but resumption of uptrend is expected.
LTC 82-90$ !As I see here it's rough decline non-stoppable due to (BTC) so, We will see low prices next days and hope jan ends good for everyone to reach buy regions.
T1:139$
T2:123$
T3:85$
Litecoin - Breaking out?Hey guys,
Here we have a 4H chart of Litecoin/USD
LTC is currently attempting a breakout at the short term downtrend line.
It is facing major resistance here.
I would personally wait for a confirmation of breakout before opening any new positions right now,
as it may be just a fake out.
--This is NOT financial advice. Please make your own research before investing in any asset.--
Good luck on your trades!
Litecoin testing major resistance, watch for a reversal!Litecoin is now testing strong resistance at 183 (descending resistance line, Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down towards 167 support (Fibonacci extension, horizontal swing low support). We have to keep an eye out on our ascending support line as only a break of that would signal a stronger potential bearish acceleration downwards.
RSI (34) sees intermediate resistance at 53% where a corresponding reaction could occur. Similarly with price, we have to watch our ascending support line as only a break of that would trigger a potential bearish acceleration.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Litecoin consolidating strongly for a potential dropLitecoin continues to test strong resistance at 183 (descending resistance line, Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down towards 167 support (Fibonacci extension, horizontal swing low support). We have to keep an eye out on our ascending support line as only a break of that would signal a stronger potential bearish acceleration downwards.
RSI (34) sees intermediate descending resistance which is in line with the descending resistance we are seeing on price too.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Litecoin approaching major resistance, watch for a drop!Litecoin is rising slowly towards major resistance at 214 (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this price to push price down to at least 144 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 96% where a possible corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTC/USD Potential BottomMy previous post I was neutral leaning bearish.
I've turned more Bullish based on:
1. Seeing the .618 (blue fib) withhold and double bottom
2. Stopping at the 1.0 extension instead of a continuation through (red fib, taken from the A to B to a potential C (red 1.0
3. Current Price action
I'm looking for areas of entry and watching to see how this first wave corrects for a good risk reward ratio with a stop below the .618 blue fib if I'm able to get an entry on this first wave.
Short term resistance i'm looking for red .236 and 0 to be taken out to turn more bullish.
Litecoin in a bearish channel, watch for the break of support!
Litecoin is in a descending channel with first major support at 167.12 (Fibonacci retracement, horizontal swing low support). Only a break of this support could trigger a bearish move down to 140.49 support (Fibonacci extension, horizontal swing low support).
RSI (34) is in a descending channel similar to the one we’re seeing in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTC/USD Struggling to BreakoutLTC/USD failed to validate my highest probability option I presented yesterday with fibs not being hit and not breaking above the $220. I remain bullish at this time but cautious because still could be looking at another lower low to $100.
Right now, I'm planning to buy a position in the .5 to .764 blue fib range ~$175-157. If it moves up before that, I will wait for another opportunity. If it blows through the .764, then I'm stopped out and looking to see if we are setting up for a drop to $100.
Descending triangle LTC LongDescending triangle on LTC
Take a position above the triangle in a Stop Buy so if the price break out upward, you get filled automatically for the way up.
Target : LTC = $415
LTC/USD Litecoin Fishing for a BottomGoing to start averaging in soon. It appears that the 1st and 2nd wave of C has happened and began wave 3 which hit the .618 leading me to look around the 2.0 extension at $174 (in red) or the .5 extension (in blue). Not going completely in on this move if it only goes to .5 extension. Stop losses will be set below .764 at roughly ~$149
LTC/USD LongOverall, LTC/USD is looking bullish. The initial move from $135 to $210 wasn't as impulsive as I would have like with only reaching the 1.382 extension. However, it didn't violate any Elliott wave rules so I remain bullish. I'm currently looking to average into a position and looking for a C corrective wave unless $210 is taken out. If it is, I will wait for the next opportunity.
Looking at the bigger picture and keeping the bearish possibility in mind, I am watching for the potential to break down below the $135 low. At that time, I will be watching for a move to $100. Also watching for a breakout above $220 resistance.
Litecoin breakout! $349,- target! Very low risk!Risk: Very low
Please be advised that this is only an idea, so you are responsible for any losses yourself.
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Do you remember my previous LTC ideas? (See related ideas) We already gained much with litecoin in previous ideas in both ways (short & long) Let's do it again! :)
Litecoin has broken out and we can look for higer levels again. It gives us a great oppurtunity and a great risk/reward. 277 could be a resistance.
Targets:
Target 1: 268
Target 2: 292
Target 3: 315
Target 4: 349
SL: Below support line.
Good luck!
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LITECOIN GLOBAL FORECAST 2018yHello Traders!
Glad to present Tengri's Traders prediction concerning Litecoin.
Short term targets: 240$ - 250$;
Middle term targets: 300$ - 320$;
Long term targets: 400$ - 450$.
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LTCUSD (Litecoin) longLitecoin broken downtrend trendline and retested
Also its appearing in 61.8-78.6 critical make or break region.
Assuming buy around 250$ per LTC with stops below 190$
Targeting two zones 280$ per LTC and then 350$ per LTC.
Good luck guys
Litecoin above major support, watch for the break down.
Litecoin is holding well above our ascending support line. The key idea is to wait for the break of major support at 249 (ascending support, horizontal overlap support) and this could trigger a bearish exit towards 223 support (Fibonacci retracement, elliott wave projection, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance below 96% where a potential corresponding drop could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTC +322% target $1047 by Jan 15th 2018I don't know if I believe in this chart, but it's telling me LTC +322% to $1047 by Jan 15th 2018 (11 days 16 hours from now).
Could it happen? Maybe.. I just don't have a lot of confidence in LTC ever getting that high. So.. high risk, high reward?
LITECOIN BULL PLAY IDEAFirst time posting here at Trading View and long time since I've done any TA. Just starting to look at Crypto after a few years in the Forex game.
Nothing too deep or special here on this chart; I like simple concepts of Support and Resistance zones, trend lines, and above all else, PRICE ACTION.
Have seen some similar ideas for Litecoin here, but this is my take on how it might play out if price gets back down to that support zone.
$LTC Buy ZoneLTC just broke out of a rising wedge.
I expect prices to fall back to the cloud giving us a buy zone.
I see lots of bullish growth to come from this one so now is a great time to accumulate!
**If anyone has a coin they would like me to do TA on please comment so!**
LTC Rally!we should see a bounce here quite possibly. Some key resistances along the way. What do you guys think?
Litecoin FansLitecoin is currently in the process of building support. The break of the first fan confirmed support at 250. Break of the second fan will confirm support at 275, and will likely allow LTC to break resistance at 375-380 to continue moving up to new ATHs. Expect a surge in volume around 375-380 (current resistance). As long as 275 holds during our period in the new fan, LTC will continue moving up. Future is looking very bright for LTC, in 2018 Litecoin is easily going to break 2,000 (and probably even go higher).
I think the move we had earlier to 275.01 was our dip, if that is the case we should not visit 275.01 again! Either way more sideways action = greater and more stable upward action. Patience!
As usual ignore the FUD. Charlie is boss!
