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Litecoinlong

LTCUSD approaching major resistance, prepare for potential drop! LTCUSD has risen to major resistance at 149.41 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension, descending resistance) and a strong reaction could occur at this level to drive price down to at least 108.41 support (Fibonacci extension, horizontal swing low support). Our long term descending resistance line is also adding a lot of bearish momentum to this setup. Stochastic (21,5,3) is seeing major resistance at 99% where a 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.
BITFINEX:LTCUSDShort
by Tickmill
1
Litecoin has reached our support as expected, prepare for bounce Litecoin has dropped further as expected and is now testing first major support at 135 (Fibonacci extension, horizontal swing low support) and a bounce could occur at this level to see an intermediate corrective bounce up to 165 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing major support above 5.6% where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:LTCUSDLong
by Tickmill
1
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.
BITSTAMP:LTCUSDLong
by ForecastCity
4
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.
BITFINEX:LTCUSDShort
by Tickmill
3
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.
BITFINEX:LTCUSDShort
by Tickmill
6
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.
BITFINEX:LTCUSDShort
by Tickmill
1
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.
COINBASE:LTCUSD
by cryptowaveman
1
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.
BITFINEX:LTCUSDShort
by Tickmill
3
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.
COINBASE:LTCUSDLong
by cryptowaveman
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.
COINBASE:LTCUSDLong
by cryptowaveman
Litecoin breakout! $349,- target! Very low risk!Risk: Very low Please be advised that this is only an idea, so you are responsible for any losses yourself. Dear followers, First of all, thank you for following and liking my ideas. The number of followers is rising rapidly. I just started posting since December and it looks like I'll reach my first 1000 followers before March! You people can help me with this by following and liking my ideas. I really appreciate it (It's only one mouseclick) and I'll thank you by trying to provide you with better charts every day/week. I just launched Twitterpage a few days ago and I'm also thinking about launching a Telegram channel, please let me know if you think this a good idea. Do you remember my previous LTC ideas? (See related ideas) We already gained much with litecoin in previous ideas in both ways (short & long) Let's do it again! :) Litecoin has broken out and we can look for higer levels again. It gives us a great oppurtunity and a great risk/reward. 277 could be a resistance. Targets: Target 1: 268 Target 2: 292 Target 3: 315 Target 4: 349 SL: Below support line. Good luck! Please, follow and like for more trading ideas. Questions? Feel free to ask and your feedback is welcome!
BITTREX:LTCUSDLong
by Trades999
13
LITECOIN GLOBAL FORECAST 2018yHello Traders! Glad to present Tengri's Traders prediction concerning Litecoin. Short term targets: 240$ - 250$; Middle term targets: 300$ - 320$; Long term targets: 400$ - 450$. Subscribe to "Powerful Traders"! Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint. We trade in all financial markets, there are no boundaries or limitations. «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply thoroughly!) You're welcome!!! Best regards, the team Traders "Powerful Traders".
COINBASE:LTCUSDLong
by POWERFUL_TRADERS
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.
BITFINEX:LTCUSDShort
by Tickmill
3