Get started

Litecoinlong

LTC/USDT - the wake up of the Litecoin - potential 61% movementHello, Traders! The asset has entered an uptrend. The RSI on the daily timeframe got out of the overbought zone. Consequently, we can expect a final wave of growth. The entry in this wave of purchases can be looked for in the range of $ 190-200. Place SL near under the price level of $165 Target prices will be Fibo levels: $221 $235 $272 $309 Good luck and watch out for the market! P.S. This is not a piece of financial advice but only a trade I would be following myself
Long
by UnknownUnicorn10064030
My love and personal plan for LitecoinHey folks, I'm sharing my plan for LTC First I'll go into why I'm holding for the long term and then I'll dive into my thoughts of the current markets and my short term set up. First let me state Litecoin is one of my absolute favorite ALTs. I've held a position in LTC since the 55$ level. LTC doesn't typically get the hype/attention (or growth) like BTC or ETH but I believe it still has tremendous potential. Why? Well gather 'round kids. It's appealing to the new investor with the all too common "unit bias" issues with BTC. It has practical uses, speed, support and a generous but limited supply double that of BTC. While many coins have approached and surpassed their ATH, LTC has not So new Litecoin investors will be happy to find themselves "in" early. LTC is 140$ currently and that is still LESS THAN HALF of its ATH from $360 in 2017. People looking for a little less volatility and a little more sustained growth I think will find the community and supporters of Litecoin with open arms. And I only hope that LTC won't come prey to these pump n' dump scams although.. it's a very real probability. In this case I would stay very vigilant with dynamic stop losses as it goes parabolic. To be honest If I see an enormous and quick rise in LTC I would likely transfer the position over to bitcoin as the LTC/BTC market spikes for safe keeping rather than back into USD. Now will LTC hit $360 this month?!? Perhaps, but imo it's doubtful. But will it hit it's ATH gradually over this year or the next?!? Well now we can start taking some small, but meaningful longs as the dips allow. Slowly, but surely increasing positions and generating money that works for you rather than explodes and vanishes.... I know DCA isn't the most exciting thing, but it works very well over time. Now for the short term. Currently Litecoin is trading at 140$ trying to push out of its weekly channel. If LTC rejects the 150$ level I expect it to continue to oscillate between the $148-120 parallel channel pictured. If my time allows I would sell partial positions to try and buy back in at the support. But I do plan on holding 85% of my coins as day trading these levels could prove profitable however missing the breakout could negate these trades... The support it holds at the $115-120 area is over a month long and well tested. Dips into these areas push me to further my long position in small increments. Multiple candles below the $115 mark would to me signify a larger push down to about a $100 and even less. I do not think this will be the case near or long term however it never hurts to be prepared. My stop loss hovers near the 100$ mark which would still about double my initial investment. These are my personal viewpoints and they remain flexible. I hope you found them just a bit informative. Cheers & Stay safe friends. -Bruce
COINBASE:LTCUSDLong
by goodluckbruce
Litecoin (LTC) This Will Be A Big Chain Reaction Of Bull RunHey friends, hope you are well and welcome to the new update Litecoin. Support and resistance levels: After getting rejected by $170 resistance now the price action is breaking down the $140 support. The next support is at $110. Up-trend line support: The priceline of LTC has found good up trendline support on the 2-day chart and testing this support at the moment. At the same support level, there are also exponential moving averages 10 and 21 supports. Down channel: On the weekly chart, the LTC with BTC pair has formed a down channel and the priceline is at the support of this channel at the moment. There are 25 and 50 simple moving averages resistance levels above the priceline. Shark Move: The priceline has completed a Shark move on the weekly chart and entered in the potential reversal zone. A bullish Butterfly move: If we zoon out the same weekly time period chart, then the price action has completed another bullish harmonic bullish Butterfly move. The final leg is retraced up to 1.269 Fibonacci level whereas we need a retracement up to 1.27 so there is a difference of 0.001 Fib level. Therefore it is possible that the price line may drop a little down and then start a powerful rally to the upside. Big BAT move: On the very long-term 2-month chart the price action has completed a big BAT pattern and entered in potential reversal zone: Conclusion: The price action has formed a small shark then a big butterfly and then the biggest BAT harmonic moves. Therefore there can be a big chain reaction started that will lead the price line to set a new high.
Long
by moon333
3
LTCBTC can start the chain reaction of harmonic bullish movesSupport and resistance levels: In LTC with USD pair, on the long-term weekly time frame chart, the pricline of Litecoin has been rejected by $170 resistance and now moving between $140 support to $170 resistance levels. Up channel: On the daily time frame chart, the price action of LTC has been bounced from the support of an up-channel and now moving towards resistance of this channel. Down channel: Now if we switch to the LTC with BTC pair chart, then on weekly time frame, the price action has formed a down channel and reached at the support. Here the bollinger bands is getting squeezed that is indicating that soon the price action of LTC can break down the support or move to the upside for the breakout. Bullish Shark: While the price action is at the support of down channel, on the weekly chart it has also formed a complete bullish Shark pattern and entered in potential reversal zone. Bullish Butterfly: On the same weekly chart, with Bitcoin pair, the price action of Litecoin is completing final leg of bullish Butterfly it has retraced upto 1.269 Fibonacci and when it will be moved little bit more down and retrace at least 1.27 Fibonacci level then the pattern will be completed. This Butterfly is bigger than the previous Shark move. Bullish BAT: On the bigger time frame 2 month time period chart, the price action of LTC with Bitcoin pair has completed bullish BAT pattern and entered in potential reversal zone. Conclusion: The price action has strong support of a down channel and completed different harmonic moves in different time frames in Bitcoin market. These harmonic moves can start the bullish divergence like a chain reaction. The smaller harmonic bullish move can trigger the bigger one and this bullish harmonic chain reaction can lead the priceline of LTC to hit at least the previous highest price in the Bitcoin market that was 0.052 as per Bitfinex exchange in 2013. And if at that time the price of Bitcoin would be at $40000 then the price of LTC can be expected at $2000. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
Long
by moon333
LTCBTC forme big BAT | Upto 593% profit expectedHi friends hope you are well and welcome to the new update on Litecoin. On the long-term 2 month time period chart, the price action of the LTC has completed the final leg of bullish BAT and entered in potential reversal zone. Possible profit and loss ratio: This trade has a profit possibility of 593% and the loss possibility is only 46% Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
Long
by moon333
2
Litecoin IHS to $179Litecoin broke down as I suspected. It was up against too much resistance and lots of profit takers at the $180 level. It's currently creating an Inverse Head Shoulders with a target back up to test $180. That would be a nice level for profits. After that I see a healthy retracement down to the $154 level to build liquidity; so we can go higher for another profit taking near $220 Let's see how this plays out over the next 7-10 days. Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
KRAKEN:LTCUSDLong
by CryptoDude79
1
LTCUSDT has completed big bullish setupHey friends, hope you are well, and welcome to the new update on Litecoin. Rejected by resistance: The price action of LTC is rejected by $170 resistance and moving between $140 to $170 support and resistance levels. Broke out the channel: The price action broke out the resistance of the channel on the daily chart, but formed a head and shoulder and broke down the neckline. Then it re-entered in channel but now finally it has again broken out the resistance of channel and crossed simple moving averages with the time period of 25, 50, 100 and, 200. Formation of the new up channel: On the daily chart, the price action of has formed a new up channel and having good support of 25 simple moving average as well. Big Shark move in Bitcoin market: On the long-term weekly chart, the price action of Litecoin has formed a big shark and just spiked in the potential reversal zone. It may give us another chance to catch it from the potential reversal zone area. Conclusion: We can assume if the price action of Litecoin is going to move up against Bitcoin, then how much bullish it can be in the near future in the USD market. For exact buy and sell targets for this trade, and other harmonic trading signals join: www.patreon.com
COINBASE:LTCUSDLong
by moon333
1