LTCUSD - Litecoin retesting $100 soonLooks like the current dip is hesitating for right now but I'm convinced it's heading down some more soon. Expecting a deeper dip than last time, possibly testing $100. Might sound crazy, and I'm sure i'll be scoffed at by all the lambo/moon/permabulls, but they've been wrong since ATH, and are only now accepting that there has been a downtrend. Still, I laugh at them when they see the price rise a little and start shouting 'to the moon'.. only for it to come back down again. It's not that hard to understand, we're in a downtrend, have been for a while now, and it's safe to expect it will continue to go down... all of crypto is completing a massive chart formation - head and shoulders: www.reddit.com
Litecoinshort
LITECOIN GLOBAL FORECAST 2018yHello Traders!
Glad to present Tengri's Traders prediction concerning Litecoin.
Short term targets: 240$ - 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".
All aboard - Litecoin swallowed the Green pillNext Stop: 307.50
Potential 17% Gain from $261
10-12 Hours Later a six (6%) pull back to $289
8-10 Hours later 11% increase to $320
That's my take on it. Could jump past $307.50 to $320 or $350 or higher if news comes out toorrorow.
If you like this and you find success, share the love with a tip:
(LTC) Litecoin: LYcKnmHmTk2dJLvaXPSZEQXk35UkbyenLa
(ETH) Ethereum: 0xF4cc1A998fE12b7Db3F12D34E50b5EdcF87bbaa7
(BTC) Bitcoin: 1ZLLdW2fsYqNwN61bmc2fN7ouqTytB6aq
(DCN) Dentacoin: 0x0b790d87ccd633a547155c66f2084f199eceefea
(POE) Po.et: 0x6ab91351abef8c0b792651b25939784889e97bc2
-Chad Smith
Litecoin testing major support!Price is now testing major support area starting at 296 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support, bullish price action, bullish divergence) and a strong bounce could occur at this level to drive up price to next resistance level at 339 (Fibonacci retracement, horizontal swing high resistance). Our next major level of support is at 271 (Fibonacci retracement, horizontal swing low support).
Stochastic (34,5,3) is seeing strong support above 5.7% where a corresponding bounce could occur. We’re also seeing bullish divergence vs price signaling that a bounce is impending.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.