Litecoin to bounce?LTCUSD looking like a good spot to start pushing back up. Markets have been quiet but its just a matter of time!
LTC-USD
XRP Elliot Wave...What do you guys think?Wow today has been a rough day for me......Would have loved to have shorted but was scared even though the signs were out there. I have been in this same situation before. It goes down and i dont short. Then, while we are at or close to bottom, I start trying to play around with a couple of coins only to get stuck buying in later at a higher price. (I think they are watching me!)
Question. The first run up to 3.50 I assume can be wave 1 of Elliot Wave which would put us at wave 2 or 3. If we are in wave 3 that means bottom has already been met @56 cents.Which would be great cause wave 3 is impulse wave up and is (usually longest wave.)
If we are still in wave 2 we can still go down from here because it would have to be lower than 56 cents!?!?
I guess that is the million dollar question.
I am leaning more towards wave 3 because I feel like wave 2 is usually shorter than wave 1. But at the same time the way the market(S) are going I feel like there is more downside. Id love to see what you guys are thinking
Kindest regards
Sellers Control LITECOINThe interesting moves on LTCUSD H1 chart. There was strong bullish move (green long bar) few hours ago, but it was rejected by bears and pushed the price down. It means, there was the shift of powers from buyers to sellers. The price is going down last few hours and it means the sellers control the price at the moment. There is a major resistance level at 192; the price respected multiple times and it is more likely it will do it again. The LTCUSD already bounced backed after touching that level. I expect the price will continue going down and maintain its bearish momentum.
LITECOIN Harmonic Moves - Bat Pattern for Sell?!The LTCUSD price is reaching the structure high at 194.5 that acts as a resistance level. The recent few bars show that there is buying momentum and the price went little up and if it reaches the 88.6 fibo retracement then it completes the bat pattern. This will increases the probability of this trading setup to go short. The best approach here is to wait the market to make moves and once it is confirmed that the resistance rejected the price, then I will place the sell order.
T1 – 38.2%
T2 – 61.8%
LTC-USD ending ABCDE correctionLTC looks like it just finished an ABCDE correction. I count 5 subwaves with a 3-3-3-3-3 structure.
If this is the case we are now in, or just finishing an impulse wave 1 usually ending in the same region as the B wave.
Litecoin already broke the downwards trend.However btc is struggling. BTC has barely broke out of the downward trend and needs LTC to pull it out. We've seen the bottom of ltc. this year. 100,125,150, now 175. The next bottom will easily be 200, since I am 90% certain we are in a upwards trend now. Good luck people!
LTDUSD: LITECOIN Decision PointThe LTCUSD price is at the key support level at 186; this is a decision point where buyers or sellers will get control of the price. We have seen that the price respected that level twice already (green arrows) and left the long shadows. However, the buyers could not manage to push the price up much. If the price breaks that structure then, it is more likely that LTC will fall.
Put the bears down. For good this time. Reversal Imminent!LTC is leading the way once again! Reversal is Imminent friends, we have reached the bottom, and stared at it with our own two very eyes. It was disgusting to say the least. It is time for the bears to go back into hibernation, if not we put them down by force! For good this time. THIS IS THE TIME TO BUY! REMEMBER EVERY SUPPORT AND RESISTANCE ALWAYS GETS RETESTED. WE JUST TESTED OUR SUPPORT. IT HELD. TIME TO GO FOR 250 AGAIN! My call for 250 two weeks back was SPOT ON, and WE PROFITED. LET'S TAKE GAINS, AGAIN!
Vote and like! THANK YOU!
LTCUSD: Potential Bat Pattern - LITECOINThe LTCUSD price did not drop much compare to other cryptocurrencies. It fell last few days, but had a steady raise in mid February. However, the sellers got control the price in the last few days. If it continues dropping it may create a good opportunity to go long.
There is a structure low at 107 and which acts as support level. The large orders usually placed on those key levels. In addition, the price may form the bat pattern which increases the probability of this setup.
T1- 38.2%
T2 – 61.8%
- Follow & Comment -
LTC - next stop: 160After the symmetric triangle broke to the lower side, we were able to set a target at about 160 USD. My buying target is 162 USD at the 0.618 fibonacci retracement of the previous pump.
Your thoughts are appreciated in the comments...
LTCUSD testing its support, potential rise!LTCUSD tested its support at 194.484 (76.4% Fibonacci retracement , horizontal swing low support) and a potential rise could occur to its resistance at 217.160 (61.8% Fibonacci retracement , horizontal swing high resistance).
Stochastic (89, 5, 3) shows a bullish divergence which suggest a corresponding increase in price could occur.
Litecoin wayMy idea shows that ltc falling to resistance line number 3, maybe 2. than we can see a raising up to ~218
LTC the big SQUEEZEEEafter a naggingly slow couple of weeks, were nearing the breakout point.
its a surprising twist after last months bullish vibes, an effect of the sentiment from the hard fork and the release of litepay.
hoping to see more uumph behind my favourite coin, if she holds her lower support we could see strong increases.
cryptic crypto as of late.
polish up the crystal ball yall!
happy dayz
Litecoin being squeezed, watch for a breakout!Litecoin is currently being squeezed in a triangle formation and could break out in either direction. We do have to be cautious of the major resistance at 218 and the major support at 200 which needs to be surpassed or broken to open a move in either direction.
We can also see that RSI is being squeezed in a triangle formation and a breakout in either direction could be a precursor to what we can forecast on price.
Litecoin to reach 400 in 2018, proof is in the chart/I'm not going to write a long explanation here, but the chart does most of the talking. We've already retraced back to the 100 usd mark which was where the original 2017 bull run took off from. The only way to go from here is up. Ignore all the FUD and useless TA, we've been to the bottom and now it is time to go up. Nothing goes down forever and nothing goes up for ever. Remember these two key facts and you will be successful. Also all my previous calls have been nailed with 100% accuracy, I don't trade with emotion, just pure facts. Please follow and like so I can start chatting without having to buy pro!
Long LTCUSD BitfinexI offer to enter long position on LTCUSD
On graphic.
I've added expectable trend reversal lines.
Fibonacci build on the supreme and inferior trend reversal lines. (Sorry for mine English)
12 with a half hour divergence ( the confirmation are purple lines on graphic and MacD)
Take profit and stop are on your own, my idea and additional notes will be added later, so stay tune to be updated.
LTC/USD bounce off 20-DMA, stay long for 250LTC/USD has bounced off 20-DMA support in last week's trade.
The pair has broken above 5-DMA which is currently immediate support at 210 levels.
The pair has failed to close below 100-DMA, bias higher.
Technical indicators support upside in the pair. RSI and Stochs are biased higher and we see +ve DMI dominance.
Upside finds stiff resistance at major trendline at 250 levels. Violation there could see further upsdie.
On the downside, we see strong support at 193 levels. Bullish invalidation only on decisive break below.
Support levels - 210 (5-DMA), 194 (20-DMA), 193 (100-DMA), 182 (Feb 23 low)
Resistance levels - 250 (Trendline), 252 (Feb 20 high), 270 (61.8% Fib retrace of 375 to 102 fall)
Good to go long around 220, SL: 190, TP: 250/ 270/ 300
BULL RUN INCOMING TO 250 BOYS, GET IT WHILE YOU CAN!!!Upvote and like so I can chat please, we all know the 250 bull run is coming TONIGHT, WEAK HANDS DO NOT SELL, LETS GO !@!!!!!@@!@!@!#@!#$#@!$#@$@#$@!#
LTC/USD cloud breakout, stay long for 270/300LTC/USD has broken out of daily cloud.
Techs support higher.
Momentum studies are bullish and MADC has moved into positive territory.
ADX is above 25 levels and rising and we see +ve DMI dominance.
Good to go long on dips, SL: 220, TP: 270/300.
LTC! Wait For Breakout!Nicely profit %35. LTCUSD.
“For Educational Purposes Only”
Please check out my other analysis!
LTC /USD Good Buying opportunityThis is a Good Buying opportunity before a bigger corection Comes thake your Profits and buy arround 195 usd and sell betwenn 270 and 280 usd.
