Get started

LTCBTC

LTCUSDT (LITECOIN) - UPTREND CONTINUATION ANALYSIS 🔎 - LTCUSDT brokeout above the symmetrical triangle's inclined resistance as expected from my previous analysis. - The market is currently undergoing retracement. - Price is retesting the symmetrical triangle's inclined resistance, fibonacci retracement levels, flip horizontal support and projected ascending channel support. Omo confluence choke 😂. - A bullish pin bar (hammer) was formed at the retest area. - The retracement is resisted by the descending trendline resistance. - Confirmed bounce off the retest area could be seen as a bullish signal. BUY ENTRY ⬆️ - Breakout above the descending trendline resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. - Projected ascending channel resistance. SETUP INVALIDATION ❌ - Breakdown below the projected ascending channel support.
Long
by Chibuike_Odoh
LITECOIN (LTCUSDT/LTCBTC) Daily Trade Setups 2021/02/18Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out! If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below! And don’t forget to check out my daily analysis on Bitcoin & Ethereum! Trade Setups Below are the potential trade setups that I would be interested in trading: LTCUSDT Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $205 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Long Trade Setup #2: Breakout and Continuation 1. Price Action: Price breaks above and falls back down to $239 and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Long Trade Setup #1: False Breakdown 1. Price Action: Price breaks below the then rapidly climbs above $239, forming a bear trap 2. Trade Entry Confirmations: A breakdown candlestick  followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming LTCBTC Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ 0.004300 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Long Trade Setup #2: Breakout and Continuation 1. Price Action: Price breaks above and falls back down to 0.004900 and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Long Trade Setup #1: False Breakdown 1. Price Action: Price breaks below the then rapidly climbs above 0.004900, forming a bear trap 2. Trade Entry Confirmations: A breakdown candlestick  followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming About Me I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016. I have worked on Wall Street trading bonds, stocks, and options. I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward. Why Follow Me Daily analysis on the latest market movements and price zones for high probability trade setups. Sharing of live trades that I take. A great place to help each other, learn from each other, and grow together. Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials Constantly testing and adding new trading strategies and refining battle-tested ones. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
by cryptotraderog
EBON to $10?! Cryptocurrency Mining and Exchange Trade 🚀EBON is a crypto/telecommunication play. They are best known for their ASIC chip design and manufacture and selling of Bitcoin mining machines. They are receiving extra attention this past few weeks due to them completing chip designing for simultaneous Litecoin ( KRAKEN:LTCUSD ) and Dogecoin ( BITTREX:DOGEUSD ) mining. ”In the future, we will focus on developing more mainstream cryptocurrency mining machines, and we are considering designing more mining chips compatible with multiple cryptocurrencies. We believe it will help increase our revenue from the cryptocurrency mining business and optimize our product offering structure along the blockchain industry value chain.". Right now the crypto market is rallying extremely hard and I think EBON’s status in this market will only increase as crypto receives more and more investments from strong financial powers. EBON is also launching its own cryptocurrency exchange in the first quarter of 2021. They have completed the internal testing of the exchange already. EBON seems to be establishing an international foothold/platform from which to grow. EBON has a subsidiary in Singapore(8/13/20), Australia (10/22/20) and Canada to improve its industrial layout and upgrade its digital asses financial service platform (9/28/20). **Many of these subsidiaries still will have to receive the regulatory approvals and licenses and does not mean EBON will be able to execute their proposed business as planned** Offerings: EBON has offered shares, warrants, and units multiple times this year to raise capital and the stock price has taken a hit each time. Most recently the unit offering resulted in a quick sell off but EBON rallied hard the next day. It seems that this most recent offering included institutional investors to the tune of 14mln units which is very interesting. Chart: Looking at the chart you can notice a 20% sell off from 2/9-2/11 as EBON announced a public offering of up to 16 mln units at $5 per unit. EBON plans to increase to a maximum of 19.2 man units. EBON entered into purchase agreements with institutional investors that agreed to purchase ~14 mln units at initial closing. What I like about this news is the next day we had a 17% rally to test the daily 100 SMA where we were rejected. I think the crypto market being as strong as it is right now is bringing added attention to EBON and we could be on the brink of breaking out of the huge Daily Triangle pattern. $7 is a big resistance lvl that I will be watching closely this week. If we can break and close above on the Daily chart I think we can trigger a bigger rally back to $10. I do think that if this break it will be in the pre-market action this tuesday morning 2/16) Plan: Add shares on $7 breakout if volume confirms. This would get the price over SMA resistances and out of the Value area on the Daily chart. Target: short-term would be 7.70-8.30 range for some profit taking and then riding shares to $10 lvl. Stop: If entering $7 break I would have a stop at $6.75-6.8 lvls. Alternative Plan: if $7 fails I think EBON will test $5.8-$6 HVN seen on the daily and 12h chart. I think this is a good spot to pickup shares for a longer hold play. *With EBON having the crypto mining advancements and crypto exchange news I think it has a strong possibility of rallying back to the highs if the market allows. I do not currently have any positions in this sector and think this is a great add to the portfolio. SPY had a strong Friday close after looking weak wed/thurs so I will keep an eye on it and I will not be entering big if the market is in a questionable state.
NASDAQ:EBONLong
by DOpeTrades
5
LTCBTC – Potential 35% gains LTCBTC – Potential 35% gains BUY: 0.004226 TARGETS: 1) 0.004502 2) 0.004861 3) 0.005261 4) 0.005636 STOP: Close below 0.00395 Rationale: -Volume has been increasing - After the recent leg up it has retested the golden pocket (0.618 – 0.65 fib level) which is a strong level for a bounce -It is currently finding support on the 0.5 fib level which lines up with another support level Your risk, your reward. This is not financial advice. Happy trading.
Long
by ForgeTrades
I saw the lite... coinIt dawned on me last night looking at LTC BTC, what I am going to do with my margin on kraken. I am so 1000% sure ltc is going to break out against bitcoin and it's behind enough for me to load up still! I am going to make all my margin posistiosn as LTCUSD, it doesn't make any sense to pair it against bitcoin, there is no advantage. Anyways, 200$ LTC will be 2000$ LTC before it's all said and done! Of course I have a ton of non margin posistions all over the place, but this is a great one to focus on! Also, if SEC comes in and starts fudding up the place, LTC is a fork of BTC. Which BTC recieved an official pass from SEC a few years ago, so that makes me think LTC should be immune to this scrutiny! I love comments! GL!
Long
by grrface
5