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LTCBTC

LTCBTC - close to the end of an descending wedge- Litecoin is at the all time low of the last two years. - Has been in a downward wedge for the last year. - under all moving averages on the daily. - Make no mistake It is weak. - Currently at a double bottom at 0.004041 and A wave - Could go a little lower to hit the bottom of the wedge and make a final C wave. - Expecting a bounce off the bottom of the wedge. - It should hopefully start a new 5 wave structure up. - It should at the very least test the top of the wedge for a 15% rise. - Then we have to wait for confirmation of a break of this wedge structure. - Note also falling volume and falling price is also bullish. - A bullish divergence on rsi formed - higher lows on rsi and lower lows on price. As always trade at your own risk and have proper risk management.
Long
by System791
Lite Coin (LTC) - October 8 Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- Although the change in BTC price has the expected effect on the rise and fall of the coin market, I think that price changes such as BCH and LTC are also important in predicting the flow of the coin market. If it falls, we need to see if we can get support at 0.004209. Above all, we need to see if it can rise above the uptrend line (3). ------------------------------------------------- (LTCUSDT 1D chart) I think you are in a position to show a sharp rise. So, we have to see if we can climb above 47.70 points. Also, if it falls, you need to make sure you get support at 44.61. ------------------------------------------------ ** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)
by readCrypto
last hope for LTCBINANCE:LTCBTC Hello everyone. As we can see: - Trending at dip - Pulled back in daily timeframe - Heavy support zone - Little Convergence here - MACD is bullish on 1D and a bearish touch on 1W So this is the last support for LTC now we would see a spike anytime !! But watch for LTC/USDT if we made bearish move on it, we will see more dips from LTC/BTC... Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
Litecoin vs Bitcoin... Chart Analysis of LTCBTCAt some point LTC may rise against BTC, but as per the current Monthly chart shown, we see that LTC has lost value against BTC since April 2019. A 70% decline. Note the MACD is moving up with a possible cross of the zero level coming in a month or so. This suggests sentiment may be changing. A subsequent break of the trendline would indicate LTC raising against BTC, at least for a little while. In order to break the long-term downtrend, Litecoin would benefit from some good project news, new partnerships, and market place adoption as a cryptocurrency. Don't fight the trend. Make the trend your friend. We'll be watching LTC for a change in trend, but wouldn't be buying just yet. Technically the trend is still down. Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Short
by Sparkster
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