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Lite Coin (LTC) - May 3Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (LTCUSD 1M chart) (1W chart) (1D chart) It remains to be seen if it can rise along the uptrend line and rise to the 275.766-288.058 section. If it falls, you need to make sure you get support at 252.430. If you fall from the 252.430 point, you need a short stop loss. However, you need to trade carefully as you can touch the 214.306-226.598 range and go up. ------------------------------------- (LTCBTC 1W chart) It remains to be seen if it can rise above the 5788 Satoshi point and break off the downtrend line. (1D chart) 4675 Satoshi-4870 Satoshi should be watched for any movement that deviates from the section. If there is a movement above the downtrend line, it is expected to continue the uptrend. If you fall from the 4492 Satoshi branch, you can touch the 3681 Satoshi branch, so you need a Stop Loss to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 4145 Satoshi-4292 Satoshi section. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITFINEX:LTCUSD
by readCrypto
1
LTC/USDT : 2 major factors that makes LTC ready for new ATHBINANCE:LTCUSDT Hello everyone 😃 There are two important factors that makes LTC extreme bullish for next month ! 1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART. 2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase. As we mentioned on our last analysis about BTC and ALTs; this month will be great opportunity and now LTC is one the coins that have enough potential to over perform BTC... 1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART. Recently we recognize that LTC movement is so similar to LIVERMORE's cylinder pattern; Now we passed the accumulation points and next point will be at profit zone ! So now; What is LIVERMORE's CYLINDER PATTERN ? Jesse Livermore was a speculative trader who based his investing decisions on the price action rather than on the stocks fundamentals. Jesse was from the first halve of the 1900s where the market participants of the day had little understanding of the fundamentals. Their investing philosophy was gambling oriented and they simply speculated on price increases. 📌 Based on LIVERMORE's chart; LTC will have 3 more highs in incoming months. However LIVERMORE's chart was based on traded volume but we can calculate the average direction of it ! 2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase. On monthly timeframe; LTC/BTC have a same scale of movement on 2017 ! Last time that BTC underperformed LTC pair rallied up to 580% in 3 months... Now BTC is underperforming LTC again ! We expect another aggressive push in next month on this pair and so; We might see same result on USDT's pair. Hope you enjoyed our analysis about LTC's possible new ATH🙌 You can support us with your likes. Also you can share your opinion with us in comments 😉🙋🏼‍♂️ Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
39
LTC/USDT 400$? Hello Friends ! I decided to publish this idea in connection with the 1st part of the development plan (the price reversal from the 220-229 zone, which was made before the correction. s3.tradingview.com I apologize in advance for the translation ,this is my 1 post for the EN community I hope you can understand the thoughts that I want to convey. The expected target in the area of $ 400 by June-July ,I am sure the bullish cycle is not over yet and everything is just beginning for litecoin. at the moment ,the coin is at a crossroads, either we roll back to the 220-229 zone again and accumulate forces for momentum, or we go up from the current ones. In any case, my advice is to keep this asset in the portfolio ! I also want to draw your attention to the situation in the pair with bitcoin, this asset has not updated the 2017 loy. The asset is in the accumulation range of 0.003447-0.005275, as soon as it is fixed above, we can expect an attempt to break through the trend resistance and, accordingly, the implementation of the litecoin plan, and perhaps even exceeding $ 400 is not the final goal in this cycle. The rounding of the trend in the pair towards bitcoin and USDT hints at the possible formation of a cup pattern. If you liked this idea, put 👍, write what you think about this analytics in the comments, subscribe ✔, thank you for your attention.🔥😉
by Greenload
8