Ltceth
Rare analysis on LTC/ETH pairing; 1day C&H + Golden Cross We can see here on the 1 day chart of the ltc/eth pairing that we have a golden cross and an obvious cup and handle set up. Probability favors a bullish break upward above the rimline but you want to wait for 2 consecutive 1 day candles above the rimline to confirm the break because a fakeout is always a possibility even with a golden cross...if we break upward I have posted the expected price target here in the green box. The question is if the breakout does occur will LTC make its gains on ETH by ltc going up or eth going down
Litecoin... PRETTY BULLISHLitecoin has a couple bullish signals;
Bullish divergence
MACD cross
Falling wedge breakout.
LTC: Close to a breakoutLTC has almost completed a falling wedge. These patterns are bullish and pretty trustworthy.
There is a possibility for the beginning of an uptrend in LTCETHTechnical analysis:
. LITECOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018
. There is a possibility of temporary retracement to suggested support zone (0.17800 to 0.16600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.17800)
Ending of entry zone (0.16600)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.2044
TP2= @ 0.2188
TP3= @ 0.2344
TP4= @ 0.2519
TP5= @ 0.2673
TP6= @ 0.2901
TP7= @ 0.3285
TP8= @ 0.3830
TP9= @ 0.4524
TP10= Free
There is a possibility for the beginning of an uptrend in LTCETHTechnical analysis:
. LITECOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018
. There is a possibility of temporary retracement to suggested support zone (0.17800 to 0.16600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.17800)
Ending of entry zone (0.16600)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.2044
TP2= @ 0.2188
TP3= @ 0.2344
TP4= @ 0.2519
TP5= @ 0.2673
TP6= @ 0.2901
TP7= @ 0.3285
TP8= @ 0.3830
TP9= @ 0.4524
TP10= Free
A Face Full Of Tea LTCUSD LTC 600%Price action within patterns and patterns within patterns. What is going on?
The market sentiment is 'confusion'. We are in a bull market. The majority of patterns seen in the cryptocurrency markets are extremely bullish.
Patterns are not ever neat and tidy. And are completed subjective. A declining Cup & Handle on the daily chart is amongst many other patterns with supporting price action presented.
LTCUSD - A huge daily bullish pennant giving us a potential profit target of x4. On the 4hr a bullish H&S pattern giving us a potential target of $150, up from the current $119 at this time.
However this brings us to resistance, we need to see a break and retest of this price zone. Failure of the H&S will see us revisit $100. Why trade the noise?
Confused? Short term buy, price drop, panic, sell = empty wallet.
I see a short term 80% profit potential and a longer term 600% gain.
HODL ON
*USE BTC AS INDEX OR SENTIMENT INDICATOR
Will LTC repeat Nov - Dec 2017 pattern, and then break out?Descending Triangle nearing end. Likely Bull break for LTC.
If LTC repeats history we will see at ATH in near future, then trace-back to lower levels or maybe upwards to 0.89 Eth.
Concern is Volumes. Not seeing the Volumes coming in yet.
What do you think?
LTCETH - Hidden Bullish Divergence on daily chartLower low in price, higher low in RSI.
LTCETH is making a falling wedge on the daily chart and ready for a bullish breakout.
RSI is coming back up from oversold area and making an ascending triangle.
LTCETH - sell ETH and buy LTCTime is about now - go long on LTC around Fibonacci retracement of 0.5, then ride the wave 3 up to 1.618 Fibonacci extensions.
LTCETH - breaking outLet's see if the volume is following this breakout ... be happy if you were out from ETH already :)
Target the yellow circle!
LTC POSSIBLE GOOD NEWS ( FIRST READ MY INSTRUCTIONS)-LTC USD IS FORMING INVERSE H&S and ABOUT TO BREAK A STRONG RESSITANCE AT THE SAME POINT
-IF LTC completes right shoulder well, price could be higher.
-At the same point we have a ressistance (purple line) , I expect it to break that ressistance.
-Purple line is important because it is coming from ATH of LTC. It has tried to break it many times.
-If both happens , LTC will go up to 190$
-Candles are trying to push the clouds of ichi to down. Thats good signal.
-Here I m looking for volume movements of market makers.
-I bought some here and will buy more if LTC breaks right shoulder line.
LTC/ETH Pair with some interesting actionI won't take credit for this. @carpenoctom on twitter found this gem. Right after the Kumo Twist LTC is out pacing ETH and is dead set on going up to that cloud line. Will be fun to see how this plays out.
LTCETH broke upwards trend - and now?I'm a beginner in TA so please be gentle.I'm happy about some feedback though, I really wanna learn this stuff. So lets jump right into it.
Looking at the 4hour chart on LTC we see that it broke the bottom line of the upwards trend. If you add the top line ltc formed a wide opened wedge (grey lines) which got broken to to bottom - which is kinda bad. Also the EMA50 and the 78,6 retracement support level were violated.
In desperate search for another support level I added the orange line which will be tested soon. But I don't think this will be a real support level.
More realistic will be the EMA200 support level. We have to see what happens but i think it could happen that the price drops till 61,8 support level meeting with 200EMA.
I'm excited about your thoughts, leave a comment and tell me when I'm completely wrong. I'm not quite sure if I set the Fibonacci retracement correctly, if you see a mistake, let me know.
So long.
LTC going up steadily! LitePay hype looks promising.Due to the LitePay release date on Feb. 26th, we see Litecoin's making it out of the bearish weekend to see a positive uptrend. My opionion is that LiteCoin will continue to make a gradually increase for the next few hours then shoot passed resistance line(Blue Line). Once Litecoin has passed through resistance line we will definitely see an outbreak. I'm not promising that Litecoin will make it passed resistance line so please set up a stop-limit. I have my currency already bought in at $203, and set up my stop-limit already just in case. Good Luck everybody! Please leave a like if you agree with my opinion. I am trying to get more reputation points to join the chat room. As of now I only have 10 points. 40 more to go!
LTC moving against ETHLTC/ETH on the daily. THought I'd do this for fun, but ETH had a nice run up a while back, and everything has pulled back since then. LTC is taking this chance to break out closer to ETH prices. Currently is sitting around the .618 retrace, but definitely in a bull market after reaching its recent low.
This is mostly a for-fun analysis, and can be useful in determining which coins to hodl more of if you're long. clearly right now, I'd be holding LTC more. I was thinking last night of spreading myself out more into ETH, but now I decided I'll wait until it's cheaper to exchange a little LTC for ETH. I do the same with LTCBTC now, and some other alts.
LTCETH ascending triangle - target 0.3Soon after the triangle is completed, it looks like breaks out to the upside and makes another measured move to 0.3. This is a similar pattern for LTCUSD as well.
Litecoin trending to the upside?Moving AVG showing signs of an uptrend, looking forward to the next four weeks to see if this trend continues. Would love to see continued trend along arrow to .300
a lot of this is dependent on health of overall coin markets:
ETH
BTC
LTC
Thoughts or feedback?
Please invest at your own risk and understand this is not financial advice.
Bittrex LTC/ETH. LTC starting to get some actionsHi everyone,
I came today with a quick analysis on LTC / ETH. It seems LTC finally touched the bottum and we have signs of reversal.
- MACD indicates a turn point with plenty of room for growth.
- RSI also turned with bullish signal.
- Stochastics are also bullish
Given the actual situation accross crypto currencies, invest at you own risk. Don't try to put all your eggs in the same basket.
Instructions :
Buy - in :
0.16 - 0.18
Stop loss : 0.14
Targets :
0.237
0.312
0.391
0.473
Litecoin - Play the Pump and Dodge the DumpFull post on my Yours blog (in my signature) with lots of complimentary fundamental analysis and an optional trading structure and update thread.
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Litecoin is goin’ up, and many people are ecstatic. Congratulations to all LTC holders on realizing gains on your investment. I know with how this coin dumps during downswings that it hasn’t been easy. To those who had strong hands, you earned your money.
I believe that when investing, fundamentals are everything. You start with a bed of fundamentals and then technicals are the next step.
When day trading, fundamentals matter pretty much not at all. It's all about what's going up and what's going down, and people chase these gains to various degrees of success (or lack thereof).
So, which path to follow comes down to whether or not you’re here to play the pump and dodge the dump, or here to invest in Litecoin.
Right now, the pump is starting to look over extended and it may have some pull back in store for it. That being said, it does look like it has room to move upwards and we may see a visit to the top of the yearly channel, and perhaps even beyond.
Check out Yours (in my signature) for more.
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