BTC/ETH/XRP/LTC combined movementsJust to observe movements.
Criticism welcome.
As should be granted, not advice. If this was helpful somehow let me know.
Cheers.
LTC-USD
Potential Bullish Movement on LITECOIN (LTC/USD)4H CHART EXPLANATION:
Price has broke the Weekly Resistance Zone, consolidating on a corrective structure to continue the Bullish Movement. Right now it is on a Triangle Pattern, that may resolve upwards. If that happen, then the target for the bullish move is the Resistance Zone explained on the Daily Chart.
You can check our full top and bottom analysis on Related Ideas.
Daily Chart:
LTCUSD - CRYPTO - 18. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Slowly dropping bearish market with several pullbacks.
4 HOUR
Sideways market after forming new highs and resistance level.
DAILY
Very bullish market turning bearish, strong price action slowed down and is searching for a ress.
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CRYPTO SETUP
SELL LTCUSD (litecoin)
ENTRY @ 131.700
SL @ 137.450 (4.3 %)
TP @ Open
RR: 3/4
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
LTCUSD reversed off resistance, potential for further dropPrice reversed off our first resistance (horizontal swing high resistance, 100% Fibonacci extension , 50%Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 50% Fibonacci retracement ). Stochastic is also approaching resistance where 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 reversed off resistance, potential for further dropPrice reversed off our first resistance (horizontal swing high resistance, 100% Fibonacci extension , 50%Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 50% Fibonacci retracement ). Stochastic is also approaching resistance where 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 reversed off resistance, potential for further drop!
Price reversed off our first resistance (horizontal swing high resistance, 100% Fibonacci extension, 50%Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 50% Fibonacci retracement). Stochastic is also approaching resistance where 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.
SHORT LTCUSD reaching resistance, potential for further drop!Price reaching our first resistance (horizontal swing high resistance, 100% Fibonacci extension , 50%Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 50% Fibonacci retracement ). Stochastic is also approaching resistance where 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.
LTC TOP? Couple of indicators says so.What's coin on guys?
A couple of indicators are pointing LTC correction is on the way.
1. Price action combined with fibs has gotten LTC right in the golden pocket of previous range (61.8 – 65%)
2. Daily RSI bear div
3. Daily histogram bear div
4. Volume div
5. Top of the raising channel resistance
6. Rising wedge
7. BTC NVT still burnin' red
8. Market sentiment bullish again only because BTC bounced of of the neckline.
LTC actually finished and confirmed cup & handle pattern with the target of around 90% of the previous move, but there is a lot more bearish indicators, so odds are on the side of bears, but never the less my stop loss will be very tight, just in a case whole market decides to fly again.
LTCUSD testing resistance, potential for further drop!
Price reversed off our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% Fibonacci extension). Stochastic is also approaching resistance where 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.
"Top and Bottom Analysis" LITECOIN LTC/USD by ThinkingAntsOk4H CHART EXPLANATION:
In 4H chart price is making a bullish corrective structure just after breaking the Major Resistance Zone. If this structure is broken, we we expect the bullish movement to continue towards the Resistance Zone at 170.
MULTI TIMEFRAME ANALYSIS:
Daily:
Weekly:
LTCUSD reversed off resistance, potential for further drop! Price reversed off our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% Fibonacci extension). Stochastic is also approaching resistance where 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 reversed off resistance, potential for further drop! Price reversed off our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% Fibonacci extension). Stochastic is also approaching resistance where 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 testing resistance, potential big drop upcoming! Price is testing our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% Fibonacci extension). Stochastic is also approaching resistance where 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.
BTC on fire but how about LTC?Taking a look at some large caps to gauge the current market.
LTC is at the BTC equivalent of $6-7k right now yet to break out.
BTC was able to break out of its resistance but will LTC be able to?
Honestly not sure at this moment, but this definitely isn't a place to long LTC.
Wait and see if it is able to flip the resistance into massive support!
LTCUSD testing resistance, potential big drop upcoming! Price is testing our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% Fibonacci extension). Stochastic is also approaching resistance where 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 testing resistance, potential big drop upcoming! Price is testing our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% Fibonacci extension). Stochastic is also approaching resistance where 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 testing support, potential for further rise! Price is testing our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). A break above our intermediate resistance (horizontal swing high resistance) might provide the bullish acceleration to our first resistance level. Stochastic is approaching support as well 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 testing support, potential for further rise! Price is testing our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). A break above our intermediate resistance (horizontal swing high resistance) might provide the bullish acceleration to our first resistance level. Stochastic is approaching support as well 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 bounced off support, potential for further rise! Price bounced off our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is approaching support as well 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.
LITECOIN -15% for this week? Short setup by ThinkingAntsOk1H CHART EXPLANATION:
As we can observe, price is currently on a Head and Shoulders pattern after bouncing at the Major Resistance Zone. If price breaks it and consolidate below, we will wait for a pullback to the neckline of the structure to take short positions towards the Ascending Trendline.
4H CHART:
LITECOIN BUY SIGNAL?Another possibly primed chart for the taking. Description/explanation in the the chart. Not financial advice.
LTCUSD near resistance, potential drop coming!Price is approaching our first resistance (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (50% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic is also approaching resistance where 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.
"Top and Bottom Analysis" LTC/USD (LITECOIN) by ThinkingAntsOk4H CHART EXPLANATION
In the short term, we can expect a double top with the previous Max. level, and then a downside movement towards the Ascending Trendline. Also, there is MACD Bearish Divergence. After this, if this price zone is broken, we will look for short/long positions based on the higher timeframes analysis.
Updates comming soon!
-Weekly Timeframe:
-Daily Timeframe:
