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LTC-USD

LITECOIN - Bullish above 90 with target towards 500 - 1500This is VERY wide range and I am totally aware of such. I am reading multiple waves and first most conservative target is near 500 mark by end of next month ? That sound crazy but who knows what is ahead of us. I would not like 500 by next month end as it will be a sudden death, a more gradual approach towards 500 by end of 2018 is preferable. 1500 is not an impossible target and something tells me that *eventually* Bitcoin and Litecoin will be near par in terms of market cap. This means $1500 by end of 2019 is totally doable while Bitcoin suffer from network congestion.
COINBASE:LTCUSDLong
by UnknownUnicorn1616991
There is a trading opportunity to buy in LTCUSD Technical analysis: . LITECOIN/DOLLAR is in a downtrend but the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . 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). Beginning of entry zone (72.50) Ending of entry zone (57.50) 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: 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
BITSTAMP:LTCUSDLong
by ForecastCity
There is a trading opportunity to buy in LTCUSD Technical analysis: . LITECOIN/DOLLAR is in a downtrend but the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . 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). Beginning of entry zone (72.50) Ending of entry zone (57.50) 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: 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
BITSTAMP:LTCUSDLong
by ForecastCity
6
A look at the logarithmic chart of LTCHi guys, I wanna try to share my thoughts on LTC with you. This is going to be a look at LTC for the next few weeks or possibly months - so lets get right into it. LTC's logarithmic chart proved itself to be a very important aspect to look at when trading LTC. Back in 2017, various pumps of LTC (first pump to 100 and 200) were much easier to predict on the logarithmic chart - and I would argue that it still plays a huge roll when it comes to LTC's price development. So - it turns out that LTC, even though it has broken the descending triangle on the normal chart, still currently IS moving in between the strong support level of 110 and the upper blue trendline - forming a huge descending triangle on the logarithmic chart. The support at the 110 to 100 levels seems to be pretty strong - especially when we look at how LTC behaved back at the beginning of April, when the whole market was bearish but LTC just hasn't been pushed down to the fibonacci retracement of 0.786 at about 106. 110 was holding strong - and I think it will do so again in case of a retest - especially when we rememer that huge pump on the 12th of April and how many people missed out on the opportunity. But the support area at about 110 to 100 is a very strong psychological support as well given the fact that 100 is one of the most important big evens that LTC has ever crossed. The upper trendline on the other hand has been confirmed about 4 times now - the last time when LTC hit the 180 levels some weeks ago. It was quiet a shock for me to see LTC fall so quickly after it retested these levels. It only really made sense to me when I looked at the logarithmic chart and saw, that it actually retested the upper trendline unsuccessfully. Seeing that LTC has been rejected so strongly at that trendline suggests that we might see lower levels again - especially since we broke 137 during the last few days and there ise no reasonably strong support until 110 that seems to be strong enough for LTC to bounce off and become bullish again. I therefore expect a retest of the 110 area - and those are my entry levels. I would exit LTC completely when it breaks below the dotted blue trendling, since it is LTC's most important logarithmic trendline since mid 2017 that has never been seriously broken before (it can be easily spotted as well if you haven't already included it in your charts). If we actually see a bounce at the 110 area, I see good reasons to be bullish on LTC for the coming months and at least for about the rest of the year 2018. The target should be the ATH, from where I would begin to set stop losses and continue to set them further up while riding the wave up to new highs. Thoughts on the idea are appreciated.
BITSTAMP:LTCUSDLong
by AbuSalihh
LITECOIN: Who Controls the Price - Bears or Bulls?The Litecoin is at the key area. The question is who will get control of the price at that support level, bears of bulls? There are two potential scenarios. If the support holds, it means the bulls are taking control of the price and more buying orders would be expected. If the price breaks that key level, then bears will push the price down and the previous buyers will liquidate their positions, which will create the additional selling momentum.
BITFINEX:LTCUSD
by Art_of_Trading
1
LTCUSD HITBTC LONG and some thoughts about crypto perspectives So lets start with cursory review of period from 23 of April. So, currently we see correction after growth from 117 (second reversal level after the downtrend began in early 2018), hight of this growth is 167.292 and now we see cup with handle (low of the figure 143.248). Lets take a look on the support and resistance levels. Currently we see very strong support line build from second of three corrections of downtrend after 167.292. So this resistance level confirm "cup" and coincides another support level (RED one). Also we see wedge, this one is not that good as it could be, but we currently left wedge and MacD show us a pretty good perspective of growth. 153.355 this is level we should pass to confirm growth up to 167.361. So, i expect for a good future for a 2-3 days. BTW, as for me, at all i think that we can expect for a growth of all crypo growth because today is the last day of April futures on CME and investors will calm their BTC on 5th of May. Also, in my opinion we can expect for a new volumes on cryptocurrency markets, i believe thats people will return for a crypto after early year downtrend. I'am going to add more charts soon. Stay tune! Please contact me via TW messenger if you want to somehow support mine project.
HITBTC:LTCUSDLong
by pmktyn