Ltcusdanalysis
LTC/USD - looks shorts.Signs of shorts position:
- Maximum downshifting.
- EMAs are showing a downtrend.
- AO shows a falling trend.
- RSi is in a bearish trend.
- Strong resistance 43$
Canceling the short position, going over $43 level.
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LTC/USD - Pattern head & shoulder. Pattern head shoulders.
It's worth waiting for the neck to break.
Or a neck break from the neck level.
Looking for an entry point.
Canceling the pattern out of the $46 level.
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LTCUSDt AnalysisHello friends.
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Everything on the chart.
chart looking bullish
U can open a long-pos on a broken channel retest
Targets: 48$ - 54$ - 60$
(after first target will reached move ur stop to breakeven)
growth cancellation if we rollback and consolidation below 42$
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#LTCUSD ANALYSIS.. BROADEN THE PERSPECTIVE.. Big picture in #LTCUSD may be giving us important clues about price movements in the future.. I think it is meaningful to diversify approaches especially in the process we are in..
In the #LTCUSD monthly chart, Tom Demark has closed the red 2 last month, we can clearly see how the TD indicator has produced signals in similar situations from past to present, we can easily say that it is not positive for the medium-term.. Furthermore, Litecoin is below monthly ma20, this is also bearish.. In the chart, I expressed the price movements likely to occur within the descending triangle and falling channel.. My expectation is that the price will drop to $ 13 in the medium term.. We will wait and see..
You can find my thoughts about Btc and Eth in the link below..
Sometimes you need to break your knees a bit more to jump higher..
Disclaimer: I am not a financial advisor.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
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!
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
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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.
#LTCUSD#LITECOIN, Support with potentialThe LTC has a negative momentum like the other currencies over the past two days.
The LTCUSD is currently on the $ 56 support line as you can see in the graph above.
Stochastic in the area you want to buy.
RSI is already at 35 which is usually indicative of a trend change.
Target: $ 63