Ltcbtctrade
LTCBTC likely to head down for weekly support zoneLTCBTC is currently trading below previous daily support. It is probable that the price will aim towards monthly+weekly support. It is also very likely that if the price hits that support zone, it will find support there and we can expect a good bounce there.The weekly support sits around 0.002671-0.002762.
LTCBTC, THE SILVER BULL RUNDear 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 ever imagined in the top 10 altcoin's world. The problem with this coins is that the pump happens so fast that you do not have time to react so better to buy and hold for a while.
Be aware I told you so.
Please do not take this as financial advise as I am not financial advisor. I just like to post in here to brag after.
Good luck my fellow gamblers,
Kind regards,
BeniGo
LTCBTC Long 25% - Double Bottom SetupLTCBTC appears to be in the process of forming an Adam and Eve double bottom presenting a possibility for two swing trades . Learn more about the pattern here: thepatternsite.com
Aggressive risk takers can look for the good buying opportunities to open long positions now as the even portion of the bottom forms. The the first target price for aggressive traders us a retest the just short of the .005 resistance for an 11.18% gain, which upon a breakout can be held to the second target price of 0.005539 for a 25.18% gain.
More conservative traders can following the trading advice on pattern site link and open a long upon confirmation of breakout above the .005 resistance and look to exit the position near the second target price of 0.005539.
www.tradingview.com
LTCBTC fractalPossible pathing of the next bull run for litecoin, immediate resistance is purple line. Alligator can be seen to be eating bullishly, a bullish rejection will probably occur when the green line touches the red line. Price seems to be mirroring early stages of 2017 bull run. Lets run litecoin.
LTCBTC Demand zone - There is Litecoin Block Reward Halving 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 educational video by the Litecoin Association explaining it in more detail below:
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan
Massive tea cup and handle pattern forming on LTCAfter retracing back to .618 fib level after having relatively healthy run for most of 2019, it looks like it has a lot more in store for the year.
I'd say to long the shit out of this but with equally tight stops. Havent seen anyone talking about this yet.
This would be invalidated on a break below support.
LTC Short Position - Rising Wedge pattern w / falling volume broken down.
- 3 hour significant cross of ma's (change in trend)
- Fisher trend of several months broken
- good risk reward potential
Short LTC around 0.0144 or higher with a stoploss above 0.015 (or whatever fits your strategy)
Here is a supporting chart on 3 hr