looking at the Litecoin BTC chart and you notice a lot of price action against this downtrend support/resistance, we are currently right on this resistance and we seem to be slipping below this level, now i think we could see a potential drop in sats, we gotta be careful treading along the bottom of the bollinger bands, this could very well induce a pullback if we...
LTC is mega bullish rn Dollar pair has a bullish pennant very close to breaking BTC pair has almost hit all time lows, with a reversal pending Could also argue major bulldivs on the 1W TF here If we claim that thick black line, around 3600 sats, we should flip the trendline and add extra fuel to the dollar pair to send it past $300 As-long as BTC can continue...
Much like we discussed with XRP, Litecoin is also a sleeping giant that is about to awaken as alt season rages on. Litecoin has been forming this falling wedge for over 2 years and has reached a technical level that has served as support in the past. This is a good entry point before we see a potential breakout, and sure towards resistance levels...
Dear Gamblers, There's not much to say on this one. To me is pretty clear. I've left my other huge investment in BNBBTC to just focus in this one. I've bought at 0.00433 LTC/BTC and I'm planning to hold it some months other coins are also on the move (ETH, ZEC...) but I specially like LTC because nobody is paying attention to it, that's for me the best set up...
Here, similar to the ETH chart but a bit, we are in the bottom range, and very bottom of that range If we start reclaiming these range line/SR's we should be able to push on in the higher range, and the weekly chart setup I posted a month ago or so might finally play out. $LTC is essentially a better version of $BTC in terms of transaction speed, fees etc. but not...
This one is a long term trade for the swing traders. LTCBTC is bullish base on my analysis, i mean anyone can just buy this and leave for the long run.
DESPITE being a short publication IMHO i'll keep this as Neutral as current volatility makes near future uncertain and we could see more sideways movement before the impending breakout -- though when it happens it'll be fast & unpleasant (yes yes, that's what she said; grow up :P) as a selloff will most certainly follow suit and IMHO it will be bearish for some...
LTCBTC: Falling Wedge Pattern. Note: This is only for Educational purposes; this is not investment advice.
Hi guys its Brian here with a long opportunity for Litecoin (LTC) As you can see from the chart, LTC recently just bounced off a super strong support as shown by the green circled areas. LTC has had 2 previous green days and if the support holds, I think we are headed upwards either in the near future or perhaps some consolidation before moving higher. Stop...
LTCBTC in weekly chart still not test Demand zone. As my personal thinking Market need to test demand zone then it will maybe move to Upside. There is Litecoin Block Reward Halving on 05 Aug 2019, Still, 15 Days are there. The Litecoin block mining reward halves every 840,000 blocks, the coin reward will decrease from 25 to 12.5 coins. You can watch an...
INS (Inverse Head and shoulder) formed, quite adjusted but pretty good... Targets drawn, indicated by boxes (blue boxes) Trading Stragety - Will buy after breakout on retest .... Note: I thought that pattern will fail and LTC will dump heavenly to its previous major support.... Put Stoploss according to you... Join our telegram link for instant news and...
With Bitcoin plummeting, Altcoins are heading towards grave. That is why i have stopped using chart patterns for a while for altcoins because they are all so much dependent on Bitcoin. We all have been noticing that if BTC falls a few percent like 2-3%, altcoins take a way deeper dig to around 8-10% or so. So, it's better not to use traditional chart patterns...