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See the light in LTC (LitePay launch in 6 days) Here are my thoughts on [ LTC/BTC and where it will go in the next few month. I think this is just beginning to find its support around the .02 range and will dance around there for a while. It looks to me like we are forming an Ascending triangle in which often resolves to the upside with the rising trend-line...
BITFINEX:LTCUSD is doing pretty well recently and considering the fact that on 26th of February there will be official launch of LitePay, I think if it cross 230, it would be really good timing to buy, we could take profits at 255-260. Let's enjoy and see what will happen !
As I anticipated we broke upward out of the 1hr charts bull pennant...I redrew the bottom trendline to touch the low red wick when it appeared we may have broken below the triangle and sure enough this appears to be the valid trend line. I say go long on litecoin it and bitcoin are very few moving unilaterally on this meteoric rise...them and omisego.
Check out that sexy consolidation wedge formation. This naughty bull flag give us a potential to breakout of 20% profit from today's values to 265 USD (Fibonacci retrace resistance) and the bull flag target for full breakout potential of 36% profit from today's values up to 300 USD. There's always a possibility that the breakout will not consolidate higher, and...
Now we are at perfect moment to invest into LTC/BTC - we are after solid retracment and also we just hit the fibonacci level and based by the chart there are really strong signals that the retracment is over. There is one more important thing - 26th of february LTC introduces the new payment system which is called LitePay and it will allow people to pay by VISA...
Unlike with BTC, I find that we have found a bottom on litecoin. Looking at the daily, we see a double bottom, with a reversal at ~105usd. It pushed up strong and broke out of the down trend, resulting in a gain from 160-237. Now we have an expected pullback as traders take profit, and potentially traded into BTC since LTC/BTC was at a high of about .025 again....
Litecoin is having a Bullish Cycle with an Elliot Waves Pattern . This also is Supported by its Fundamental Analysis . Lite Pay: twitter.com When does LitePay launch? Litepay is on track to be released on February 26, creator of Litecoin Charlie Lee said on Twitter. It has been called a “game-changer for Litecoin” by Palwasha Saaim, a Research...
The Litecoin chart vs USD is completely different to the Litecoin chart vs BTC. Note: You can take a look at Litecoin vs BTC by clicking my profile and checking my latest trade ideas. Since Litepay is launching, and Litecoin broke some resistance and it is entering a bull run, many people want and need targets in order to be able to trade successfully. When...
Litecoin is now challenging new highs. Last time Litecoin was higher than today, vs Bitcoin, it was in 2015, and the Bitcoin price was something completely different. Based on the recent highs that Litecoin has reached, it is fighting strong to reach new levels right now. It needs to close above 0.022 today in order for us to test new levels and go for a new nice...
LTCBTC - 1H candles with the RSI (Relative Strength Index) I'd wager it's caused mainly as reaction to the news of LitePay being launched this month
Because of the announcement of Litepay www.litepay.us happening this month, I see short term bullish momentum heading towards the 220 USD range. If you bought around the recent dip, this would be a great opportunity to lock in some profits on your nearly 200% gain. I would say that holding for the long term is the best overall strategy for this currency. If...
Litecoin has been recovering very well the past few days and appears to have seen a double bottom . This combined with recent news of www.litepay.us releasing sometime this month should give us the boost up we need to break resistance. Share your comments and let me know what you think!
It's hard to call it H&S because this is a very small... shoulder. Maybe it's cold, IDK. However, IF COINBASE:BTCUSD will break a neckline, the target is $6700 but on the way there 50% & 61% fibs, and both should bounce opening great opportunities for day traders