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Ltcusdanalysis

2 Reasons LITECOIN LTCUSD is going to $67 short term target!hello everyone and welcome back! Just following up on my Litecoin LTC analysis and the picture still looks the same and the probability of LTCUSD going down is still higher than it going up. please take your time to look at my chart and let me know what you think about my analysis and also feel free to share your point of view in the comments below. CHEERS! my analysis are for educational purposes only not a financial advice, I am not a financial adviser!
by TheMentalTrader
This is where LTC LITECOIN is going in the next few days! hello again, just following on my LITECOIN LTCUSD analysis and here is my recent update. everything is clear on my chart, if there is any confusion feel free to comment below! let me know if you guys agree with my analysis or not! Cheers Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content. Peace Out! Not a Financial Advice.
Short
by TheMentalTrader
2
ridethepig | LTC Spot Commentary 2020.02.05Here I had been expecting (at last!) a pullback and been prepared to add on dips, the market is cutting through the highs like a knife and hot butter... a nice problem to have. Buyers are threatening to trigger capitulation on the Weekly: This is a textbook example of how to exploit soft hands, but with a rather pleasant twist. In what follows, I will explain my feelings about the particular LTC swing, to help you follow what is happening. I was glad to be rid of the resistance and loaded more. This manoeuvre makes it possible to get into our opponents jurisdiction, or headquarters (whatever you want to call it). Momentum triggers, shorts cover and smart money continues to buy strength. Here I had the unpleasant feeling that I did not have sufficient sizings given the risk:reward... Here I was glad to see buyers continuing to breach the initial swing target at 64. Sellers having to pack their bags and go home. Resigning because of the disastrous defence. My impression is now that we are comfortably trading above a 70 handle the highs being taken are simply a matter of time. The combinational style that buyers are using to attack is impressive to say the least, it's in our interest to continue holding the remaining positions and working longs. We will keep an eye on any threats to the swing. Thanks as usual for keeping the support coming, I trust all readers are enjoying their slice of the pie.
COINBASE:LTCUSDLong
by ridethepig
1
ridethepig | LTC Market Commentary 2019.12.30A highly interesting and hopeful end to the year for most Cryptos with BTC, EOS, ETH and LTC in particular all holding support as the main highlights. It's a quieter start to the week though, with no notable data or Crypto driver today, but we do have the ripple effect from the USD devaluation theme and the increasing reflationary risks already showing signs of spilling over into Crypto that is very much on the table. The nucleus of momentum is from BTC demand combined with a double possibility of technical manoeuvres to absorb any remaining late sellers. This linkage is in 80 cases out of 100 worth trading, even after the defensive nature we can continue moving troops towards the border: The construct of the long-term flows must not be forgotten, or else the threat of the creation of doubt would become to irritable. Take for example: Bulls are threatening to interrupt the lines of communication between Support and Resistance, all things being equal, the attack is quite strong. Therefore I can see the necessity of fixing our opponents mistake of going overboard into support (i.e as highlighted in the LTC chart above. Participation feels low at present, with focus elsewhere it is the perfect opportunity for large hands to load. As usual thanks so much for keeping your support coming with likes and jumping into the conversation in the comments!
COINBASE:LTCUSDLong
by ridethepig
LTCUSD, Buy on H2Plan : wait for prices to bounce off trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY Note : on my LTCUSD forecast last week (link below), what i meant was a long-term forecast,.. typo **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
KRAKEN:LTCUSDLong
by GWBFX