YAYYYY Time to go long on LTC !!Good Divergence to start reversing on LTC.
First lets get to the target : $175
Ltclong
What I'm looking at for LTC right nowSomeone else on here pointed out a double bottom formation on the 4h chart (blue aarows) and that this wont be a dictionary double bottom unless we break 175 first, which is the high after the first bottom. That puts 2 significant resistance levels where my two red aarows are at 160 and 175. The 160 resistance comes from the resistance channel, where one of the last candles bounced down from at its high. I always like to check the order books and depth charts on GDAX to help me see how big or small the resistance at those points will be, to help me stay alert if selling is advisable or hodling, or some of both.
If we break 175 again that will give us a 4h higher high and a good enough sign for me that a trend reversal has occurred.
This is looking more and more likely to come to fruition because of the rising bull volume. That is the biggest key indicator as myself and many others have pointed out in order for any of this to happen, otherwise we will continue bearish for a while longer. But, the 20 period vol. MA is steadily rising, so I'm optimistic that this will be sooner that later. No matter what, 100$ is strong support for LTC, and if worse comes to worse, we form a triple bottom :D I have a theory about why there is only volume dumping in now rather than before, and that is that many newcomers (people who buy at tops or when there's too much sign of bull movement just to be sure) who speculated since perhaps Christmas or thanksgiving were waiting to buy in, and began doubting until now. Now that they have earned 1 or 2 paychecks in January, they're waiting for moments like now to start buying in when the coast is clear. Also, whales are probably waiting to buy in etc. Since LTC is "cheaper" than bitcoin, that might be enticing for those kinds of newcomers as well.
Long term perspective, we are still in the green up-trending channel, which will be hard to break below even in the worst case scenario of the next few days/weeks being very bearish.
Please comment with thoughts and constructive criticisms of my analysis, I appreciate any and all input. Peace out.
MASSIVE Long on LTCMassive Bullish Strong Divergence on LTC
Reversal strong Signs...
1st Target : $140
2nd Target : $210
3rd Target : $250
LTC is a magnificent buy right now...
LTC LongLTC
Good Hidden Bullish Divergence about to materialize.
+$10 on current price = Next target : $143
Buy Litecoin if it breaks 165 and hold aboveLong opportunity for LTCUSD (Litcoin) if price could break 165$ and stay above this level.
Targets on chart: D1: 195 $, D2: 222 $, D3: 255 $
trend and support for ltc are coming together critical momet!!!important moment for ltc trend line coming towards this major support lets hope ltc is able to fuck this downtrend up!!!
Descending triangle LTC LongDescending triangle on LTC
Take a position above the triangle in a Stop Buy so if the price break out upward, you get filled automatically for the way up.
Target : LTC = $415
Litecoin long IMO Litecoin ( $LTC ) is looking pretty good right now, for me its more of a long term play because I'm really big on the lighting network and I think its gonna play a huge role in Crypto for 2018. But anyway, it has some pretty good sideways motion going on right now. The MACD is pretty flat and the last dump bounced off the 200 MA indicating its ready for some movement. ***Now*** that movement could dump down again and start another accumulation cycle if it doesn't recover quickly but I think long term wise Litecoin is a safe play for solid returns this year.
LITECOIN GLOBAL FORECAST 2018yHello Traders!
Glad to present Tengri's Traders prediction concerning Litecoin.
Short term targets: 240$ - 250$;
Middle term targets: 300$ - 320$;
Long term targets: 400$ - 450$.
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LTCUSD Symmetrical Triangle OR PennantI'm truthfully not sure how valid this is, I think the pennant staff size is a little too small.
Proceed with caution.
I am expecting a huge bullish run on the LTC begin the 2018 yearHere I have analyzed the LTCUSD digital currency pair and I am anticipating a bullish run. In the previous weeks we saw a huge surge in the crypto currency world and after a minor pull back to gain some momentum this next bullish wave should be pretty intense and extremely rewarding for the buyers
LTCUSD/Bearish signals to see a pullback to $195 area.Bearish RSI,MACD and volume signals at a key retractment level.
Seems to be following the FIB retractments pretty closely along with the trend line of the retractments.
It appears a dip to $195 area is likely in the future before any great forward movement.
Time to get your Wallets ready to expand or enter a position in LTC.
(Please ignore stray line at $140 area.)
LTC Litecoin has had a historic run. Here is a look at the Fibonacci levels. If price reverses from recent upward movement, I would look for reversal in around $250 and $200. Those areas should also provide a safe entry point for long positions.
Cheers!
Trend = Friend Simple chart here, LTC continuing upward on the trend line with the price just above 50 day SMMA. If price breaks through top dotted line, hold on to your hats.
Cheers and happy trading
LTC/USD 4H Perspective• As long as ascending TL doesn't break, my bias for LTC/USD is still LONG
• TP 1 = -27.2% and TP 2 = -61.8% $414 and $505
• Resistance break confirm and soon to touch $414
@tradersmind
Buy Zone for LTCUSD HourlyLTC downtrend to ~315 area and bouncing off ema50, support, and bottom of channel to continue the long
A close below 310 would nullify this move,
LTC LONG: $490-630Seems like LTC is done with Wave 4, could do a last touch at 0.5 Fib level, but that's not very likely.
LTC .. Box to breakout North.I think the consolidation at this mental number of $300 is allowing LTC to rest as it builds strength to retest the ATH. We should see a breakout of the box and reach $420 to $450 before consolidating again for the run up. While we have seen the marketcap of LTC falter today a little due to the rise in prices of ETH and others, this should not diminish the long term outlook of 2018 for Litecoin. With CME fast approaching we will see an influx of Normies looking to enter the Crypto space and they will like the allure of holding a full coin over a partial coin. Litecoin at $400 is a lot easier to take a risk on with the prospects of price action moving north.
Charlie Lee is still out hitting the news outlets making a case for litecoin as being the best option for a daily spendable currency.
Stay Tuned
LTC past 400 soon?To me, LTC is taking the path it has previously, its up here consolidating a little bit but I think we will see a breakout very shortly. Not exactly sure where to, easily past the 400 mark, maybe 450? let me know what you think.
Litecoin - A Little Overextended Litecoin has made an incredible move higher over the last several days but now appears very overextended. IMO LTC will need to consolidate here or possibly even pullback some to give the moving averages time to catch up.
