LTCEUR
ridethepig | LTC Market Commentary 2020.09.22📌 The strength of the downtrend is founded in the fact that this is moving as collateral with the end of cycle flows.
In this position Litecoin is the 'lone tree' blowing in whichever direction the wind is facing. After a mutual exchange of the passed resistance in Bitcoin, soft sellers are out of the game, whilst buyers are already well developed with plenty of support and profit taking to be done below into $9,000, which may still need a revisit.
Worth collecting some Litecoin down at 45 which has served as solid support and will attract some fresh demand if Global Equities can hold for the day. The diverting flows in LTC can be simplified to 44 -> 54 -> 40...A +46% round trip if we complete the advance. But that in itself must be carefully prepared for before the breakdown! A side note: should we see a daily closing below $40 (before a retest of $54) will unlock $25.
LTC/BTC (4th Retest of Key Support?)LTC/BTC
-Litecoin is about to retest the key support around 4450 sat
-For some reason, LTC failed to continue its potential uptrend recently
-It is too early to say for trend reversal if LTC bounces strongly at a key area
-But the 4450 sat range is a good trading opportunity for Buy entries
-Keep an eye of this level, once a reversal sign is seen
-Take the shot and place your stop loss under the green support
LITECOIN TO $1,000- Litecoin could easily see minimum $1000 in the next 4 years
- The future support will $370-420
- Litecoin will shoot up up any time soon, once it does, it will not see 40s and 50s again for accumlation
- Lowest line once broken, will at least hit the 3rd line from top
- If Litecoin moons today and hits target line, then its $700, but this wont happen today, so it will be +$1000
This is long term and the lines proves, and if you don't believe it you're just delusional and still hating on "ded" coin.
See you later!
Litecoin Showing Good Signs!Monthly chart for LTCUSD is giving a doji green transition and currently testing a major breakout level.
The ema dots have also been green the last 2 months.
Also we are currently compressing in a wedge pattern.
Good volume above $60 should result in a nice size run.
Litcoin Is About To EXPLODE Higher MartyBoots here . Ive been trading for 13 years and just sharing my views to help the crypto community
Do not sleep on LTC
LTC - EURO Pairing - suggests pivot pointBullish on BTC so possible break up to the line if BTC consolidates above $10k
B, HF
LTC/BTC (Potential Double Bottom 4H Trend Change?)LTC/BTC
-forming a potential double bottom reversal
-testing the top resistance of the box
-holding strong above 20ma>50ma
-if we see a break and closed above the resist
-buy orders are the perfect position to open
-upside target is the recent top at 6000
-key stoploss is low at 4600
Price between 50 and 100 EMAThe price of LTCEUR has been fluctuating since 25 April between the 50 and 100 EMA on 1 day chart as support and resistance levels, with few false breakouts. These are strong levels on high durations like 1 day. Let’s keep watching any possible confirmed breakout downtrend or uptrend. I’m not giving any bullish or bearish analysis here, just stating my personal price analysis.
LTC/USD (Long Term Bullish View)LTC/USD
-long term view analysis
-bounce at 2018 support area
-still respecting downward resistance line
-if the key resistance line is broken
-target is the swing top at $150
-stoploss is placed under #21
Strong resistance at the time of postingAfter good Green Day, at the time writing this post, we are at a strong resistance level. Currently, we are at the 100 EMA on 1 day chart, at the 38.2 FIB level of latest downtrend, at the level of previous support and resistance levels in previous times.
Let’s monitor if we cross towards the upper band on 1 day chart at 46 euro, then we might reach to 50 FIB at 50 euros.
I mentioned yesterday that we expect a price break by 8 May, which happened few hours before. This is bullish indicator. Keep monitoring and let me know what you think.
P.s This is not an advice of any kind, just doing my personal analysis and sharing with all. Do your analysis and take decisions based on your analysis.
LTCBTC Bearish Analysis OverviewLTCBTC TA Update:
According to Chart LTCBTC looks bearish mode.
But now at support level.
0.0047-0.0049 BTC would be good entry for me.
I can watching closely.
if bounce back from here then I can expect next Target would be 0.0061 BTC.
but if breakdown this support then we can expect free fall towards 0.0034 bTC.
so dont panic and trust on TA.
Support: 0.004750 BTC
Resistance: 0.005250/0.006100 BTC.
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Triangle on 1hr chartJust sharing with you this triangle in the 1hr chart. The tip of triangle is on Friday 8th of May as shown on the chart. Let’s watch whether it is going to be bullish or bearish breakout. I won’t give price analysis for now, just sharing this triangle if you haven’t seen it.
In previous post, I share the MACD crossover the signal on 1W chart. This is usually strong bullish, HOWEVER, if we don’t get volume, it can turn out to be false crossover. We need to watch it.
Share your comments and thoughts.
Bullish indicator on LTCEURThe MACD line has just crossed over the signal line, and histogram went positive above zero level. That’s a bullish sign, let’s further confirm it on lower duration charts. Just wanted to share this sign with you readers.
LTCBTC Technical Analysis Chart Bull V/s Bear#LTCBTC TA Update:
Current Price is 0.005365 BTC.
#LTC Now trading at Strong Support Level.
If Bounce from this Support Level then I can expect 20-30% profit from Here but if loose this strong support level; Then Ready for another 20-30% drop.
I opening long with Tight SL.
I wil close my Position If LTCBTC price Drop bellow 0.0050 BTC.
Guys don't gambling with your Hard earned money.
safe trade and Earn huge.
S: 0.005350/0.004750 BTC
R: 0.006320/0.0073/ 0.008140 BTC
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Litecoin Playing Games. (LTC)The best buy signal will be when we break the downward green Resistance. That's where we get interested for long term as the weekly is starting to show a turnaround to the upside but still very early and not green yet.
We cracked the red upward support and now have bounced into an area where Resistance sits from old support.
Has wiggle room to go around 54$ but it would have to move along the Resistance to get there.
If all S&R holds it might be possible to see a drop to the $23-$25 previous low level.
If you pull up ltcbtc you will notice that we have a potential double bottom but currently formed under Resistance.
I say place buy limit in mid 20s in case of a drop. See if we can build some accumulation
Will update on the weekly close as btc pair approaches this double bottom on btc pair
Not aggressive on this one just yet.
Let it breathe.
Have an awesome day!
Some more litecoinAs you can see LTCUSD pair has formed an inverted ascending scallop formation against the resistance of the fibonacci spiral, broken out, formed a falling wedge and attempted to break out again. I believe this is the pullback before a larger rise, hence the C target. On the LTCBTC pair you can see the TopCap indicator showing the value of the pair at its peak, which increases as each day passes.
