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Litecoinusd

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
LTC / USD IN CRITICAL SUPPORT/RESISTANCE ZONEHello traders ! Here is my view on LTC/USD. As you can see price is at a critical zone with multiple WEEKLY candle touches around this price. (this zone also held a strong resistance back in 2013, not shown in this chart) Price action is following the pitchforks descending support level quite nicely, and due to its oversold nature via oscillators shown above, I suspect a change in trend is looming. Of course if we break this level, and hold as resistance, we can expect quite the opposite. But if we manage to create some higher highs/higher lows and climb to the top of the pitchfork channel, gives us roughly a 40 % increase. Just my two satoshis, and happy trades everyone!
KRAKEN:LTCUSD
by KYLEKILLJOY
LTCUSD forming bullish cypher | A good long opportunity aheadAfter forming Shark pattern now th priceline of Litecoin / US Dollar cryptocurrency is forming last leg of bullish Cypher pattern and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets Buy between: 55.78 to 54.57 Sell between: 56.74 to 59.03 Regards, Atif Akbar (moon333)
COINBASE:LTCUSDLong
by moon333
litecoin (LTCUSD)-667% Profit Expected-Get Ready for 6x-7x GainsLITECOIN (LTC) - LTCUSD -667% Profit Expected-Technical Analysis Get Ready for 6x-7x Gains ... Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. TextTarget Profit Range - 53 - 165 (89%-667% Profit Expected) TP - 1 - 53 TP - 2 - 71 TP - 3 - 94 TP - 4 - 120 TP - 5 - 143 TP - 6 - 165 Buying Zone! Long Position Early Entry Trigger Point - $25 -$31 Ideal Entry Trigger Point - $18 - $24 Adjust your Stop Loss according to your lot size, account equity, strategy & money management. ***If you want to get in this trade from this point 54.10 you can still make 31.2% profit till TP2 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Good Luck.! Disclaimer - This is not financial advice. This is my personal view and analysis of this chart. If you follow this idea please plan your trade according to your lot size and account equity. Don't forget to like, comment & follow , If you agree with my analysis :)
POLONIEX:LTCUSDLong
by Jaffery
2
LTC is Generous - %100 Profit Opportunity Approaching LTC is forming a beautiful ABC formation which will probably end in 37-43 usd range. Really beautiful pattern to play. I am accumulating from these levels as well. Will be laddering all the way down. After the crash it is obvious that LTC will give us a x2 bounce as it always does. Target will be around 80-90 usd, details will be discussed later. This is a mid-term trade, can take up to 1-3 months. Accumulate wisely. No stop loss for now, laddering all the way down. PS: Breaking below to 20 USD levels also should be considered if BTC breaks below 4000 usd.
BITSTAMP:LTCUSD
by dacto
6
Perfect occasion to enter Long with a tight SL on Litecoin!Hi, Traders ! Monfex is on the air ! Litecoin lies in an attractive position: Long trade on a low risk is possible from here. * Couple of days ago, Litecoin's crew celebrated the 8 years of network running with $500,000,000,000 worth of transactions registered during this period. * A week ago, Litecoin made an attempt to break out of the consolidation zone, but the bullish endeavor was not backed up by the volume enough to push the price above $60. As a result, LTC pulled back and marked the second bottom around $51. However, RSI did not follow the price movement much, and now shows weak signs of potential divergence. * At the moment, Litecoins seems to be lying just right on the bottom, so it might be a good opportunity to enter Long with a really tight Stop-loss. But the uptrend will be truly confirmed when the price runs across 21 Daily EMA at $57.50 and breaks above the descending trendline around $59. * Likewise, if the Bears intensify their activity again and successfully drives the price below $51, the bearish scenario could be resumed and again activated. Active trade signal Buy @ $53 - $54. Target: $75. Stop-loss: $49.80. 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
Bearish flag on LitecoinHi, Traders ! Monfex is at your service ! Bearish flag is seen on 4H TF of Litecoin: * Litecoin is in the upward sloping channel, which is likely to be interpreted as the bearish flag. * Usually, many indicators show bearish divergence at the higher highs inside the flag. And that is the case. * There is a possibility for the price expanding outside the flag formation - to the resistance area just above $60; however, by observing how the things are going now, that is of a small likelihood. * Generally, we lean towards the Short scenario since the flag formation usually unfolds in the direction of the previous impulse. * At the same time, the flag formation questions and undermines existing bullish expectations. Active trade signal Sell @$58 - 60. Target: $30 - 35. Stop-loss: $65. Risk/Reward: 5(6):1 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_UK
4
LTCUSD formed a bull Shark | Another buying opportunityAfter completing the bullish BAT pattern now the price action of Litecoin / US Dollar has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish then buy. I have used Fibonacci sequence to set the targets: Buy between: 54.06 to 53.12 Sell between: 54.88 to 56.74 Regards, Atif Akbar (moon333)
COINBASE:LTCUSDLong
by moon333