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Litecoinusd

LTCUSD - Broadening Bottom (Megaphone) Pattern - Target $75 Price Target: B - D line (Approx $73) Stop: Below the A - C - E line (Approx $42) "Key aspects of the Broadening Bottom Pattern: Points A, C and E should all be successively lower. That is to say, point C should be lower than point A, and point E should be lower than point C. Point D should be higher than point B. After the final decline (marked by point E) look for price to rise significantly. It may be a good idea to wait for price to rise below resistance created by the BD Line for conformation." www.tradingview.com An Example of Broadening Bottom Pattern on AMD graph: thepatternsite.com
BITSTAMP:LTCUSDLong
by Bayraktaro
5
Is Litecoin REALLY About to Go on A Bull Run?Hello Traders, I have been watching Litecoin for a while now. You might have seen my previous 2 Litecoin charts which have been monitoring the retrace (below). From what I am seeing in the chart It would seem LTC has finished its retrace and from here I am expecting sideways price action and then a bull run forming to complete wave 5 of its main cycle. Litecoin just had a pre halving pump very similar to the July 2015 pre halving pump. Price in 2015 took about 55 days to retrace to the 0.786 fib level and then it went sideways and up. Today the price took 123 days to retrace to the 0.786 fib level which has been supported by the bulls with a wick and a bounce. On the weekly chart there has been bullish divergence on the RSI and price is currently hugging the weekly 200 MA. From an EW perspective things are actually looking pretty normal and it would seem a sensible conclusion that price will go up here.
BITFINEX:LTCUSDLong
by WickHunter
3
H1 scalping trade on LitecoinHi, Traders ! Monfex is on the air ! Litecoin is about to take a Long shot in the direction of H4 ascending trend-line. * Litecoin had failed in an attempt to break above the H4 trend-line, spiking at $66 - just below our projected target: * Increased volatility on large volume hustled the price away, towards the Daily Support of $60. * Around the Daily Support, H1 candles have shaped out the reversal pattern and the price now seems to be sliding North. * With the upcoming rebound, the H4 trend-line could be retested, so we are considering going Long with the target of $65. Scalp trade signal Buy @ $60 - $62. Target: $65. Stop-loss: $59.80. Watch for our Updates to get real-time superior signals! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
COINBASE:LTCUSDLong
by Monfex_UK
Litecoin is ready to go Long after a PullbackHi, Traders ! Monfex is on the air ! Litecoin stepped down to test from above the $60 broken high of the 9th of October. * Litecoin (LTC) has been demonstrating a poor price dynamic over the past few months, compared to the rest of the market. * But the Bulls have become active in the end of October, after breaking above most of the daily resistances. * LTC is now trading for around $60, in a slight pullback from $64 and below the ascending short-term trend-line. The recent high of $64 is now stands as a resistance. * The price action, which is forming up on H4 Chart, shows a strong bullish presence at this level and suggests the price could reverse upwards from here. Active trade signal Buy @ $60. Target: $70. Stop-loss: $58. Watch for our Updates to get real-time superior signals! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
COINBASE:LTCUSDLong
by Monfex_UK
Don't miss the great buy opportunity in LTCUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . LTCUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. Take Profits: TP1= @ 80.35 TP2= @ 131.60 TP3= @ 143.75 SL= Break below S2
BITSTAMP:LTCUSDLong
by ForecastCity
6
Litecoin Intraday Leader !Hello, Traders! Monfex is at your service and today we overview LTC/USD . The Litecoin team discussed the prospects for cryptocurrency after increasing privacy through the introduction of MimbleWimble technology. Despite all the risks, the creator of LTC Charlie Lee is still ready to finance the work. Litecoin brokeout the triangle, tested the ex-resistance line and start to growing. If ascending movement by LTC will continue next several days it has a chance to break the resistance zone and reach the target of $72.3 . Active Trade Signal by LTC/USD Take profit near the resistance zone ~ $62.85-64.4 Buy near the local support zone ~ $59.5 Stop loss at $57.18 Market Cap $3 842 898 575 USD Volume (24h) $3 527 805 636 USD Circulating Supply 63 605 671 LTC Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
COINBASE:LTCUSDLong
by Monfex_UK
Litecoin in a big symmetrical triangle patternI was just looking at what could happen if we break out of this pattern to the upside and where we go. I know this chart isnt going to be exact and maybe it goes higher or lower than up to where it could hit my top trend line. I don't usually like to use trendlines but its always interesting to see where it would go if it respected them. If its correct and litecoin did hit $1500 I looked at where that would be in relation to bitcoin. You can get a $2500 litecoin with these figures: BTC 100k - LTC/BTC = 0.015(Which we did get above recently) BTC 250k(Tim Drapers prediction) - LTC/BTC =0.006(Which is where we are now) Now I don't believe near the top that LTC would still be so weak against BTC as alts tend to rally hard during the end of a bull market so its possible the bull market sees BTC hitting 100k at the top or it goes higher and maybe LTC does gain against BTC meaning LTC could go a lot higher above my trendline If we got a LTC/BTC of 0.025 like at the end of last bull run with BTC hitting 250k then we would be looking at 6000 dollars LTC. Of course all this is just speculation and alts could may not rally like they did in 2017 but I still do believe once BTC gets high enough we will see a lot of retail money moving into alts hoping to buy into "the next bitcoin" and also buying alts because they feel like BTC is too expensive and that they have missed the boat.
BITFINEX:LTCUSDLong
by Thedirtycat
2
Litecoin is about to test the Verge of the Wedge Hi, Traders ! Monfex is on the air ! The Litecoin network’s hash rate has dropped 60 percent since its halving. * The Litecoin network is getting less secured too fast. After the new coins mined on August 5 was cut in half, the network’s hash rate - computing power that covers the network from assault - has fallen, likewise. * Technically, LTC has hit against the Resistance at $61.50 - $62.50 and failed to rise higher. The five consecutive Daily candles have left the wicks at this level. * Though the price keeps above the 21 Daily EMA, a failure to break higher for the five days in a row has considerably diminished the bullish strength. * Hence, we expect the Bulls to retreat and descend to retest the mid-term Support (that corresponds to the verge of the wedge) at $51. After that, the Bulls would get the second chance to consolidate before the next impulse up. * The news about the hash rate must be fully incorporated into the analysis and should be watched closely in order to reveal any remarkable improvements. Short-term trade signal Sell @ $58 - $60. Target: $51. Stop-loss: $62. Watch for our Updates to get real-time superior signals! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
COINBASE:LTCUSDShort
by Monfex