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Ltcusdanalysis

Huge Potential on this LTC/BTC Push - The Moby Dick of 2018?This is something I picked up on with Litecoin on Binance a while ago. There seems to be a predictable pattern to the way that LTC/BTC Wedges for anywhere between 50-100 days before massive gains. The Chart speaks for itself but allow me to go into detail on some of the key points of this analysis. 1. THIS IS NOT FINANCIAL ADVISE BUT MY OWN ANALYSIS THAT I AM ACTING ON. IM NOT A FINANCIAL ADVISOR... yaddy yada ya.... 2. Lets look first at September 2017 - December 2017 (During the BTC rush before the correction). We see a huge gain of 131.20% over the course of about 4 days on Litecoin that was caused by a 96 day wedge that finally broke above. Following that we can see that at this point litecoin accumulated laterally for 49 days, however this time around when ltc/btc broke above the wedge, we don't see the crazy volatility that we saw in December, which could likely be due to an overbought market, the ongoing bitcoin correction to 6k, or the huge bearish divergence that began forming in January 2018 (my bets are on all of the above). As a result, this puts us at our current state from early February till now where we have seen a bearish decline to 0.016641 over the past 76D. 3. The RSI is currently at the exact same level when that first push of 131.20% gains happened. This could be a coincidence, however with a similar style of increase in volume, and extension (well not exact volume, but the fact that they both increased slightly in volume on that final wave is the same), its probably safe to assume that at the very least we should see another push. To close this all off, this is my own hopeful brain that just so happens to have its hopes reinforced by TA, and the current shift we are currently seeing in the market - where the Alt market is coming back to life and BTC has finally stopped being an absolute piece of shit, and is now just a tiny piece of shit that seems to be recovering. NOTE: If anyone knows what the deal on that HUGE dip on Binance in December of 2017 is, let me know. It looks like something went wrong or other, but I dont really know.The Close on that 2D candle was 0.000133 which seems a bit unbelievable to have a rally of 9290.55%. Let me know. Thanks for reading. If you think this has some merit to it then like it for more exposure - otherwise just fuck off and go stare at ICX and Cardano. <3
Long
by TipTopTraders
9
Litecoin's Correction Overview. Triangle>? Hey. We enter the long after breaking the boundaries of the triangle. I also want to tell you about my interesting indicator called as "trend Cloud". Here are the cloud features in more detail: Support/resistance breakout, to indicate trend strength of support and resistance(the wider the cloud, the stronger the trend), the slope of the trend. The equilibrium price of the trend(when the price goes away from the cloud it comes to test it in 80%, my signals on the cloud algorithms are also well sometimes practiced, the state of uncertainty flat (when the price in the cloud is trading). Confirmation of the correction / trend when the price is trading below or above the cloud, the entries in the position and much more shows this my wonderful indicator. The indicator took me enough time, and if you are willing to use it, it will cost you a small amount of $ 10 per month. Also I have my own alarm group, so if you like and subscribe, so you will give me the motivation to fight with my laziness. All the best
BITFINEX:LTCUSDLong
by Jordan_Mitchell
Litecoin Elliott wave analysis: 4 hr tfPrice action of Litecoin (LTCUSD) from ~$113.08 on April 10, 2018 to ~$165.47 on April 24, 2018 is interpreted in this analysis as an ongoing impulse wave (5 wave) move in which a Minute wave ((iii)) just terminated or perhaps a Minute wave ((c)). Either scenario however does call for a correction in Litecoin which is currently ongoing, after which LTCUSD is expected to resume its bullish trend. Further price action and appropriate use of guidelines will help clarify the progression of Litecoin from the mention bottom at ~ $113.08.
BITFINEX:LTCUSD
by Coin_Analyst
3
Litecoin Price channel: 4hr tf analysisLitecoin has been meandering ever since it hit a high of ~$252.86 on Feb. 20, 2018. A price channel has been used in this analysis to capture price movement for Litecoin since the above mentioned date. The upper channel line was drawn to touch previous highs (at least two) and a parallel line was then drawn across price lows (also at least two since a valid trendline requires two points of contact). A breakout above the upper line of the channel could the see price of Litecoin reach a target of ~ $220.67. This is calculated by vertically projecting the width of the channel onto the break out point. I used $120.29 as the bottom of the channel and $170.48 as the top of the channel here. Therefore $170.48 - $120.29 = $50.19. Adding this to the too ($170.48) gives $220.67. Failure to close above the channel could see Litecoin return to the bottom of the channel at ~$120.29
BITFINEX:LTCUSD
by Coin_Analyst
LITECOIN before IMPULSE PHASE.Hello Traders! Glad to present Tengri's Traders prediction concerning Litecoin. Suppose, that long correction in wave "B" or "2", soon should be over. Present time, we see decline in form of correction to retest the prices 170 - 160 - 140. (invalidation 98.61) Then it will be a greate opportunity to participate in bullish rally! Powerful Traders decisively take a long position for 400$; "Short term target": 240 - 260$; "Middle term targets": 300 -320$; "Long term targets": 370 - 400$. (Teh main invalidation for all targets is 103.90) Subscribe to "Powerful Traders"! Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint. We trade in all financial markets, there are no boundaries or limitations. «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply thoroughly!) You're welcome!!! Best regards, the team Traders "Powerful Traders".
COINBASE:LTCUSDLong
by POWERFUL_TRADERS
2
Litecoin on major support, prepare for a potential bounce! Litecoin is seeing major support above 222.06 (horizontal swing low support, bullish divergence, Fibonacci retracement) and a strong bounce could occur at this level to push price up towards 244.57 resistance (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is seeing major support above 3.6% and also sees bullish divergence vs price signaling that a potential reversal could be impending. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:LTCUSDLong
by Tickmill
9