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Litecoinusd

62% Increase On Litecoin ComingAfter a generous pullback I would look for a move up to the top of the green box up there and then a sudden pull back. Doesn't have to, but this is what I am looking for. Volume needs to start increasing with demand to continue bullishly. Currently looking at the ascending triangle and also descending broadening wedge, two bullish patterns to push price up. If Bitcoin starts to slow down, expect this move to happen quickly. Not financial advise, please trade based on your own rules and setups.
COINBASE:LTCUSDLong
by thejdela
5
LTC; What might happen next ?Welcome, this is my view on Litecoin at its current market state. We broke our strong 5 month trend line. But the bounce on the 30 of April proves to be a strong support level as well as being the .618 fib level. (swing low to swing high up trend) Looking at this golden level to be some solid consolidation. Right now, if LTC can hold the .5 fib level as support, we might be nice for the short term.... If we can break the .382 AND hold as support we might be very looking nice :) Also i would like to add that a few indicators point out that LTC is oversold and on a possible turn around on the daily chart. The RSI is oversold and hasn't been this low since the start of the bullish trend, the stochastic RSI crossed bullishly getting ready for a momentum move up. Also we found support on the 200 day moving average! Let's hope it will continue as support, and as Bitcoin falls, more money is likely to move into alts. Just my two satoshis !
COINBASE:LTCUSD
by KYLEKILLJOY
Litecoin SHORT But Big Chance of Trendbrake has come in 1 HR #Litecoin #Bitcoin #Ethereum Hello to all watching my charts As update to my Chart from few hours ago Litecoin is really the strongest among all cryptos at the moment. There is only a small step to go, get over the bridge of 93.20/94.20 USD Maybe it jumps really above theses resistance zone and than we are in a long setup again. Watch out !! Good trades If you want to support my work and my charts please like them.. Renkotrade
BITSTAMP:LTCUSDShort
by Renkotrade
LTCUSD Litecoin SHORT but Chance of Trendchange Long#Litecoin #Bitcoin # Ethereum Hello to all watching may charts After the desaster in crypto currencys of the last days we do see here a small chance of a new shorttime long trend in Litecoin which is little bit surpising as Bitcoin itself f.e. is not such strong here at the moment. We have seen a higher High, but to confirm as this crypto is still in my shartchannel capted i want to see a rebound to the "Long Confirmation" aerea first. Good trades If you want to support my work and my charts, pleasew like them... Renkotrade
BITSTAMP:LTCUSDShort
by Renkotrade
An important crossroads to #Litecoin #LTCUSDThe first sign of a change in trend appeared 3 weeks ago in the form of a star candle (warning against a change in trend) The positive point in this situation is the support of the solid Fibonacci retracement currently in place for Litecoin at the above price - $ 93.5 Scenario A-Because Litecoin at this moment touches the support above the next wave of rallies is on the way. Scenario B-The recent gains were, in fact, a sign of the currency's demise, and the currency will continue to crash.
COINBASE:LTCUSD
by xosignals
1
LTC - Retrace to $90 USDLitecoin has resolved to the downside from it's symmetrical triangle (as i noted in my prior Litecoin article) and looks to be set to retest the 20 ma support on the weekly, around the $90 USD level. Note that this point acted as must hold support during the 2017 bull market and i believe could very well do so again, at press time Bitcoin and Litecoin appear to be digesting their respective moves. This is normal market activity, particularly given the rapid rise over the past few months, but bear in mind that for Litecoin the 20 ma on a weekly chart is must hold support (a close below on the weekly could suggest a steeper and more protracted pullback). As always, stay disciplined
COINBASE:LTCUSDShort
by Profit_Link
LTCUSD Wait & SeeThe good: -Weekly trend won’t break without a close below $97.88. Not impossible, but there sure were a lot of buyers when the wick fell off a cliff. -Still above the 50 MA (my buy/sell line) -The first two big legs up were profitable and had a 30% pull back between them. This one is sitting at 28%...not irregular by any measure so far. -Both pull backs stopped at a .5 fib retracement unless we close below $103 this week The bad: -The 5 RSI is working on a close below the mid-line unless price turns around in a big way by Sunday -The daily candle is 15% under the buy/sell line -The 4h candle is 8% under the buy/sell line -The 1h candle is back above the buy/sell line but ranging sideways…not a confident rebound The ugly: -Bearish divergence between price and momentum on the RSI. That doesn’t scream ‘higher price upon rebound’ to me…but I’m a rule based indicator trader, so I’ll trade what the market gives me. There’s some fib levels on the right with prices that came from the 2017-18 peak to December trough for everyone who likes price targets instead of indicators. I’ll go long for a halving pump on the daily chart when I see an upside cross on the 5 RSI and a close above the 50 MA…probably the $120ish range. Until then the momentum appears down even though the weekly chart still has some hope and the 1h chart just leveled out. And I’ll just leave this here… cryptodaily.co.uk
KRAKEN:LTCUSD
by HRoark64
2
Litecoin SHORT Chance of Trendchange 1 HR Chart#Litecoin ##Bitcoin #Ethereum #Crypto Hello to all watching my charts. Today Litecoin tries to find a bottom at one of my support aereas (Lower black lines) but the confirmation is not there at the moment. We do need a higher high and a jump to the BLUE ARROW AEAREA Thats important, all other movements of Litecoin is simply a bounce in the short trend for me. Good trades If you want to support my work and my charts, please like them ... Renkotrade
BITSTAMP:LTCUSDShort
by Renkotrade
Litecoin SHORT 1 HR Chart#Litecoin #Bitoin #Ethereum #Crypto Hello to all watching my charts Litecoin shows us now really weakness the last 1,2 trading days Broke the long blacktrendline support (my black line) and is now middterm and shortterm in a shortchannel- I have not added in the chart the shortest timeframe cause ist totally enclosed in the blue lines middletimeframe Short I have added 2 support aereas from march/june at 98 / 100 USD where it seems to be the pair find support now. But dont mix that up with a long chance It will change to LONG only after a jump to the aerea where my BLUE ARROW is so with a jump above the latest high at 108 USD Good trades If zou want to support mz charts and mz work please like them Renkotrade
BITSTAMP:LTCUSDShort
by Renkotrade
1
Probable 14% Litecoin ScalpYesterday Litecoin broke its upward channel and tested support at 98 (blue line) which was also a 0.618 retracement level. From here the 1H chart is showing bullish divergence. A simple strategy to use with divergence is to play the trend line breaks of BOTH the price action trend and the RSI with confirmation from MACD. My target would be a back test of the upward channel's bottom trendline at $117.60, if we break above we may be able to resume our upward channel. Here's why I think this move is a strong possibility: -Price action trendline broken -Bullish Divergence on RSI -Trendline break of RSI -MACD confirmation -This bounce happened at support and the 0.618 Fib level Set stop loss slightly below the lowest wick of the last swing low. Please feel free to share your ideas or comment!
POLONIEX:LTCUSDLong
by Johnny_wa
2
Litecoin! Sideways? Or Retest of $160?Litecoin has been a little stagnant lately but is respecting its intermediate upward channel. It looks to be trading within a range in the short term which could continue sideways, breaking the upward channel. If we do start to move upward a retest of the $160 level is certainly possible if we don't get rejected by the $148 level. If we do break $160 and the channel continues we could hit $200 by August. That being said we are showing divergence with RSI so a downward move is always possible. Things that need to line up before upward movement is more likely: RSI needs to get back above 50 level Parabolic SAR needs to print buy signal SMI Ergodic Indicator should print cross We are close to those requirements right now but will wait for confirmation.
POLONIEX:LTCUSD
by Johnny_wa
5
Litecoin - Storing Energy for a Big Move? Litecoin (LTC) has managed to hold the 55 ema level for several days and as you can see from the triangle pattern forming, LTC seems to be storing energy for a move (either to the upside or downside). On the weekly chart LTC has fallen back to the 9 ema, which has historically acted as the first line for major support, during the 2017 bull run LTC fell to the 9 ema and during more severe pullbacks, the 20 ma, a breach of the 20 ma signified the end of the bull run and a switch to a bear market. Needless to say these weekly levels are must hold points. Rest assured i do not think a bearish reversal is on the cards, however bear in mind that a fall to the 20 ma on the weekly would entail a retracement back to the $90-$95 USD level. The more likely outcome is that LTC could potential fall back to the lower trend line, or even slightly below, before a bounce and a continued rally to the next Fib level around the $170 USD mark. This pullback pattern has occurred before (circled area). Keep an eye on LTC, as the chart is suggesting that a major move is on the cards and my guess would be that a slight dip to the trend line, followed by a move higher is more likely.
COINBASE:LTCUSD
by Profit_Link
LTC/USD: Not a far Fall from SupportAbove, it can be seen that there are three trendlines which I have drawn to represent the extreme increase in the rise of price within the short period. The longer term trendlines which is only relatively longer is represented with the two green lines and the green box represents a large area of support for litecoin (support that held against the drop from 350 USD). Together the orange descending trendline and the green ascending trendline form a "symmetrical" triangle, however, the downward slope is dominating the price action--which is in my opinion bullish. In purple, there is still the rising channel from the previous analysis alongside the diverging channel which has played out. Currently, it can be noted that there is a descending trendline which can be seen in orange, if the current trendline does not hold, then it is likely that it will fall into or beyond support, around the green box, I would expect accumulation or distribution to occur. It is also highly possible that once litecoin drops in price, then it is highly possible that it activates buy orders and the price springs up aggressively (this would be very bullish and it is denoted by the blue line). The orange line would be a very bearish situation because it would break the orange trendline with weakness and it would break the green trendline afterwards. Another bullish outcome which I didn't add is if price breaks out at the apex of the symmetrical triangle. The RSI is having some difficulty breaking into the channel, however, it did bounce off of 40, so it is still within the bullish range on the daily. I will maintain my bearish stance with litecoin, however, there are extremely bullish opportunities presenting itself within the chart. Previous Analysis:
COINBASE:LTCUSD
by CuddlyCuddles
2
Litecoin LTCUSD UPDATE Trendchange to Short 6:00 p.m. 1 HR Chart#LTCUSD #Litecoin #Bitcoin #Ethereum #Rekotrade Hello to all watching my charts I just write these words here and same time LTCUSD Litecoin has just fall out of my long channel in blue and sit on the last support line i have drawn in black. I daubt that the pair will recover soon and see a 60 to 40 chance of falling further down In best case we will have a sideways turn staying in my bluechannel which is little bit long, but f you check the angle, these is very very weak So be cautious with longs, i suggest NOT to buy on dips here as we have lower lows and lower highs which in my oppionion is a clear sign of short. At the end, if it is fallen down to my purple arrow it is short shure Good trades If you want to support my work and my trade, please like them.. Renkotrade
BITSTAMP:LTCUSDShort
by Renkotrade