LTCUSD approaching resistance, potential drop!LTCUSD is approaching our first resistance at 66 (100% Fibonacci extension, ascending channel’s resistance) and strong drop might occur below this level pushing price down to our major support at 57 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also seeing a bearish divergence and approaching resistance where a reaction below this level might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTC-USD
LTCUSD approaching resistance, potential drop!LTCUSD is approaching our first resistance at 66.47 (horizontal overlap resistance, ascending channel resistance, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 57 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension, ascending channel support).
Stochastic (89,5,3) is also approaching our resistance and is seeing a bearish divergence where we might see a strong drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching support, potential bounce! LTCUSD is approaching our first support at 55 (horizontal overlap support, 50%, 61.8% Fibonacci retracement, 100% Fibonacci extension, ascending channel support) and a strong bounce might occur above this level pushing price up to our major resistance at 63 (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement).
RSI (55) is approaching where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching support, potential bounce!LTCUSD is approaching our first support at 55 (horizontal overlap support, 50%, 61.8% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 63 (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement).
RSI (34) is also approaching support and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching support, potential bounce!LTCUSD is approaching our first support at 51.57 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension, short term ascending support line) where a strong bounce might occur above this level pushing price up to our major resistance at 57.14 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement).
RSI (34) is also approaching support where we might see a corresponding bounce in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential drop!LTCUSD is approaching our first resistance at 53.13 (horizontal overlpa resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 47.08 (horizontal swing low support, 100% Fibonacci extension). Ichimoku cloud is also showing of bearish pressure in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential drop!LTCUSD is approaching our first resistance at 57.96 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 53.22 (horizontal swing slow support, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching support, potential bounce!LTCUSD is approaching our first support at 53.58 (horizontal overlap support, 23.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 57.86 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias.
RSI (34) is also seeing a bullish exit and we might see a corresponding bounce in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching support, potential bounce! LTCUSD is approaching our support at 51.94 (horizontal overlap support, 23.6% Fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 57.86 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias.
RSI (34) is also seeing a bullish exit and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential drop!LTCUSD is approaching our first resistance at 52.17 (horizontal pullback resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 49.16 (horizontal swing low support, 100%, 61.8% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
RSI (34) is also facing bearish pressure and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential drop! LTCUSD is approaching our first resistance at 58.52 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 49.20 (horizontal swing low support, 61.8% Fibonacci extension).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential drop!LTCUSD is approaching our first resistance at 62 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 53.64 (horizontal swing low support, 78.6% Fibonacci retracement).
RSI (55) is also seeing a bearish exit and we might see a corresponding drop in price should it react off this level. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching support, potential bounce!LTCUSD is approaching our support at 63.38 (horizontal pullback support, 61.8%, 100% Fibonacci extension, 38.2%, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 71.61 (horizontal pullback resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement).
RSI (55) is approaching support where a bounce above this level might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching support, potential bounce!LTCUSD is approaching our first support at 58.71 (horizontal pullback support, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 64.88 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension).
RSI (34) is approaching its support where a bounce off this level might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential drop!LTCUSD is approaching our first resistance at 60.55 (61.8%, 100% Fibonacci extension, 23.6%, 76.4% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 56.21 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (55,5,3) is also approaching our resistance and a reaction below this level might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential drop! LTCUSD is approaching our first resistance at 58.89 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 53.67 (horizontal swing low support, 61.8%, 100% Fibonacci extension)
Stochastic (21,5,3) might be seeing a bearish divergence and is approaching resistance where we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential drop! LTCUSD is approaching our first resistance at 58.89 (horizontal swing high resistance, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 53.67 (horizontal swing low support, 61.8%, 100% Fibonacci extension)
Stochastic (34,5,3) might be seeing a bearish divergence and is approaching resistance where we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD Approaching Support, Potential Bounce! LTCUSD is approaching our first support at 67.16 (161.8% Fibonacci retracement, Elliot wave structure) where a strong bounce might occur above this level pushing price up to our major resistance at 72.55 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching support and seeing a bullish divergence where we might see a corresponding rise in price should it bounce off this level.
LTCUSD Approaching Resistance, Potential Drop! LTCUSD is approaching our first resistance at 79.53 (horizontal overlap resistance, 23.6% Fibonacci retracement, short term ascending support-turned-resistance line) and a strong reaction might occur below this level, pushing price down to our major support at 72.40 (horizontal swing low support). A breakout below our intermediate support at 75.85 (horizontal swing low support, 100% Fibonacci extension) might provide the bearish acceleration to our major support target. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
RSI (34) is also approaching resistance where we might see a corresponding drop in price.
LTCUSD - DAILY CRYPTO - 26. JULY 2018WELCOME TO DACAPITAL TRADING!!
LTCUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
1 HOUR
Strong bullish impulses and Waves expecting bull run now!
4 HOUR
Small retest of 91.180 KL and small reaction
LEVELS
BUY LTCUSD @ 86.580
SL @ 83.800 (3.2%)
Trendtrading without TP Level!!!
We´ll move our SL Level every Day and ride the Wave be patient*
Enjoy our limited Free Content and Setups,
leave us a like and Comment!!
DACAPITAL TRADING
A new trading opportunity to buy in LTCUSDTechnical analysis:
. LITECOIN/DOLLAR 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 52.
. The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (75.00 to 66.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (75.00)
Ending of entry zone (66.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
. We have already opened 9 BUY trade(s) @ 79.03 based on 'Two-day reversal candle (2-Day Hammer )' entry method at 2018.06.29 in our suggested support zone (72.50 to 57.50).
Total Profit: 8041
Closed trade(s): 1297 Profit
Open trade(s): 6744 Profit
Closed Profit:
TP1 @ 92.00 touched at 07.18.2018 with 1297 Profit.
Open Profit:
Profit for one trade is 87.46(current price) - 79.03(open price) = 843
8 trade(s) still open, therefore total profit for open trade(s) is 843 x 8 = 6744
All SLs moved to Break-even point.
Take Profits:
TP1= @ 92.00
TP2= @ 102.00
TP3= @ 125.00
TP4= @ 165.00
TP5= @ 183.00
TP6= @ 224.00
TP7= @ 252.00
TP8= @ 375.00
TP9= Free