Ltcbtclong
#LTC Litecoin why fib retracement is important to learnMy old #LTC idea was deleted from violating TOS by advertising my telegram channels, but here's the gist:
FIB retracement is a must use tool. I think I have given even enough examples w/ the ellipses for you to understand m poiny.
Ignore the date on the drawn arrows, it's just a few possibilities of where #LTC could end up.
Bull flag on LTCBTC dailyChart paints the picture. Show me something bearish please. Litecoins Litepay coming out soon.
LTCBTC READY FOR ANOTHER PUMP ? The Market can make us go crazy and we have to watch out very closely for movements.
at bitcoin went down again since yesterday there is 1 strong coin the left behind with bullish signs.
its pretty short and should be quick if breaking the upper green line but hey... we got 1% stop loss and almost 10% profit ! thats sounds pretty good for the market right now !
watch closely and don't forget your stop loss this time, btc can make things go pretty fast.
i think its smart to buy after it breaks the green upper line at 0.01826726
first target - 0.01909903
second target - 0.01974920
stop loss - 0.01775850
good luck
LTC Bullish Pennant FormationBullish pennant is clearly seen on the daily chart. Bollinger Bands are extremely narrow, we expect huge movements when they are narrow like this. Stoch RSI is oversold, MACD is low and sell momentum is decreased.
These are all bullish signs and I expect the price to increase till we hit the first resistance line at 0.0194. If 0.0194 breaks we will easily reach to second resistance at 0.0213.
Here is my trading idea:
Long at: 0.0161
Take profit at: 0.0210
Stop loss: 0.140
$LTC coiled up on the .618 Fib level and ready to fly$LTC is the only big coin that hasn't mooned lately and its sitting all tight on the .618 consolidation fib level. The rsi is looking up and we macd crossed and heading up...I imagine the alt boom will flow over to the $LTC market soon!
LTC 340LTCUSD consolidation and market conditions suggest upward breakout to 340. LTCBTC shows resistance at 0.02 with higher lows, important chart to watch while trading ltc. I expect LTCBTC to test 0.02 resistance by New Years.
Predictions:
Next couple days - LTC 340
Next couple weeks - LTCBTC 0.02+
Litecoin idea, little moon.On the 2 hour chart there is a bullish divergence. Higher lows, higher highs in the chart. The stochRSI made a lower low and RSI is lowering. confirming a potential long. The next resistance is around 509$. I personally plan to sell at around 490-497$ on the exchanges.
I stepped in the ltc/btc pair under 0,0185. For the btc pair also at this price point, I put in the order to sell at 0,0254 with the expectation that btc price is going up to 20k$. Just to play it safe I bet that the maximum price of btc is 19.7k when this target of ltc will hit.
This is my idea I share, use your own due diligence when trading.
First idea ever published hope it goes well...
Michael out.
LTC about to test resistance?LTC looking like its about to test resistance for the fourth time, could possibly break through to reach 38% retracement.
As always, DYOR, dont trust my work this is my own opinion.
LTCUSD Medium Term AnalysisLTCUSD looks to be in an ascending channel and can be seen by white trend lines.
from this we can takeaway that it is still holding uptrend.
Bottom trend line resistance has been tested over 6 times and is STRONG.
Breakdown below this is a big red flag, I recommend setting stop loss a little under bottom channel trend line.
It could potentially head to $40 hard support, which is currently the safest accumulation zone.
Median price action is charted and can be seen by looking at yellow arrows.
This helps us see relatively healthy price action and trend pattern.
We can see a symmetrical triangle from bottom trend line and top red trend line.
This is a very famous continuation pattern. On convergence of the triangle apex, symmetrical triangle will typically break out in the direction of the prior trend (up).
Note: a break in the opposite direction of previous trend is a STRONG signal of formation of a new trend (e.g. downward movement).
If you are trading symmetrical triangle, I recommend buying slightly after breakout for bullish confirmation.
If you are in long term position, I recommend analyzing how this scenario can be used to ones benefit.
For example, position could be sold slightly after symmetrical triangle goes down (if it decides to) and can be reentered at hard support / accumulation zone (low $40s)
Others:
- we notice small green volume spikes at resistance levels, showing bulls are attempting to keep price above a certain price, possibly by setting large buy orders at bottom of resistance (52-54 right now)
- RSI shows oversold over 90% of the time LTC price is at bottom of channel (safe buy zone)
- RSI shows overbought when LTC is at top of channel (sell zone / take profit zone)
- MACD acts similar to RSI but seems less responsive in this scenario.
What I’m doing:
- accumulating medium bags at $40-45
- watching symmetric triangle closely. if breaks down, will sell position at small loss and re-enter at accumulation zone and hold. If breaks upward, will buy in at breakout confirmation.
Donations:
LTC: LQdNvC29EzF9LRkEpegQ7tab5svzaSdKCf
BTC: 1HbAHkawHsP9shHY9Xb9htDqjSFogK5x4y
ETH: 0x7F5CF2EA6b1d4C4A26d0943f5c35e6d55805cD5e
My View of LTCThis is my view of Litecoin. From what I see it has been for the most part trading in an upward channel, I could see this continuing over the next couple of months,
giving traders buying opportunities near the lower trend line and selling opportunities near the upper trend line. I have not really been trading Litecoin, I am in it more for the long-term (min. 1 to 2 years) so
I mostly just buy on any dips, I did, however, sell a large portion of my position when LTC spiked up over $90 and have been rebuilding my position ever since.
LTC Bullish OpportunityLTC closing the bearish trend and broke a rough resistance for bullish. The only thing we should consider for long is RSI over-buy. LTC can hit .17 again in second quarter of next month.
LTC/USD Consolidation & Accumulation Wedge I have seen this pattern many times before a move up with LTCUSD. Longs should be wrapped up before the leg up.
BTC Long Term Up TrendLTC is one of good coin. It give trade chance between its up trend support and resitance lines.
Litecoin Short Term Support Trendline After a labor day weekend sell off in crypto, litecoin appears to have formed a support trendline for its base and accumulation for it next run up. Volume is low but volatility remains high. This looks to be an opportunity to go long on litecoin. With lightning network going live, atomic swaps, excellent dev support, litecoins solid history, continued adoption for litecoin as a payment alternative to bitcoin and credit cards (having lower fees and faster transaction times) and more I believe litecoin is undervalued.
Litecoin - Detailed R/S chartMACD and RSI 2H confirming consolidation/correction at this point, would probably be heading back to 0.01337 and this would be the bottom of the cup. Since the last uptrend went very quickly we can expect more waves bringing us to ever higher levels. The upper red line is a point where you definitely want to sell and upward momentum will slow down at this point, would be a good point to short as well.
The yellow line is also crucial, this key trend was broken and will act as strong resistance point, this could be a possible top and downtrend can continue from this point on! Therefor keep an eye on any significant volume confirmations.
The following possible target points are:
0.0143 (retest of cup lid)
0.0153
0.0157
0.0169 (Sell)
0.0185 (If shit would get crazy, short!)
I'm trading less at the moment hence there are not so many updates, but I would like to keep doing charts for fun. I will be limiting myself only to a few pairs that will be updates more consistently than many that get few updates. If you like this chart or want to see a specific pair, leave a comment. Thank your time and good luck with trading!
-TheTrex
LTCBTC Up It depends on what bitcoin does ... but TA would have it go up now. Set your SL and make sure you watch the market.
