Litecoin Short Becuase Doji Signals A ReversalWe all know doji patterns after an uptrend suggests a reversal. LTCUSD saw yesterday form one of these patterns. However, the difference between LTCUSD's doji yesterday is that it did not really come at the end of an uptrend. Rather, price action has moved mostly sideways over the past week of trading. Because of this, I would not start lighting your hair on fire and selling all the Litecoin you have. On the other hand, stochastic and RSI remind us that we have a bit of a ways to go before overbought signals are flashing. However, once they do, get ready for the exits as price action in LTCUSD can move incredibly fast. For more analysis, check out www.anthonylaurence.wordpress.com
Ltcusdidea
LTC STILL HAS MORE ROOM TO PUSH UP!! (HOLD ON TO YOUR SHORTS)Hello friends , long time so see. LTC is finally getting some of the recognition it deserves, recently hitting .015 BTC on it’s way to it’s ATH at .02. I want to point out something many traders have been overlooking. As you can see on the hourly chart , we have some hidden bullish divergence. Notice the MACD going down while price, going up / staying steady… Same thing with the BTC chart. Market cap is growing while prices are being pushed down… Signs of accumulation. If the current trend continues , when the MACD pushes up the price will boost. I have some small sell orders around $59 and $63 USD hoping to maybe catch some wild price swings. If BTC can boost to 4200 we should see a pretty good upswing with LTC. I’m mostly a HODLer, finally back above water this month with the boost of ENJ coin. Hopefully some of my followers got in on that too. I really like LTC for a long-term pick. This is a very risky trade for the short term, but very solid in the long term. If BTC dumps , LTC will dump also, so please be aware of the downside. Please leave a like and subscribe , as I try to only post quality original content.
I am not a financial advisor and this is not financial advice.
Is LTC Still Bullish Mode?? 1. As we can see 21 EMA daily is still green, which indicates we are still bullish (Green colour)
2. Support is around $ 43. Be careful if the price is under $ 43, it will turn 21 EMA daily to red. (Blue rectangle)
3. The closest resistance is at the 200 EMA daily around $ 51 (Yellow Colour)
4. This bullish trend target is around $ 63-70 (White Colour)
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5. If you missed the train, you can place order around support price with tight stop loss.
Good luck to you :)
Bearish Signals on LTCUSDThe market is giving many mixed signals but here is my view on BITSTAMP:LTCUSD . BITSTAMP:LTCUSD always seems to foreshadow BITSTAMP:BTCUSD movements. I have a bearish view of this market right now, but I honestly cant give you my definite view. This has been a no trade zone.
LTC LONGTERM analysis Hi everyone and thank you for following and supporting me, I will try to do an analysis everyday on larger market cap coins. Make sure to like and follow as this helps other traders to find my content that they may find value in. Thanks!
As you can see above the overall long term forecast on LTCUSD. Looking at a technical analysis standpoint we are in a market cycle and i am expecting LTCUSD to go lower most likely in the $3.00 to $4.00 range where we will find the bottom. We will have a sideways period up until 2020 which is when i expect the next rally to start.
THANKS! LiquidMEX
!DISCLAIMER! THIS IS NOT FINANCIAL ADVICE ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING INTO ANYTHING.
Litecoin corrected 86.33% from its All Time High 366$.Litecoin corrected 86.33% from its all time high 366$ currently trading inside a falling wedge following two trendline support and resistance line. Now Litecoin has a immediate support at 49.144$ if break then expect Litecoin to see at between 32.815-35.959$ where Litecoin has two support and trendline support. During a cryptocurrency market crash Litecoin is the strongest cryptocurrency, it corrects very slowly than other altcoins. After Litecoin Bitcoin is strong, then Bitcoin cash and the weakest Major cryptocurrency is Ethereum.
Litecoin resistance : 59.565$, 69.321$
Litecoin support : 53.050$, 49.144$
LTC/USDT PredictionWe Think we will see upward move to LTC so be ready next levels will be 59 at least and can complete till 61.5 see chart & please always keep in your mind that market still so risky so never forget to set you stop loss plus keep eyes on BTC
Please like and leave comment,we'll appropriate that a lot.
Best of Luck.
CryptoStarsChannel.
LTCUSD to Bounce back up after the drop (>200 pips) - HIGH RISKLTCUSD is closing to the lower trend-line on a downwards trend. In this regard, LTC should bounce back up to test the resistance of the trend. However, due to the current movements of BTC and other Altcoins, the risk involved in going long on this pair now is rather high, thanks to the uncertainty created by the news.
For the moment this is what the technical analysis indicates, but Litecoin may create another low no matter the trend.
Do you believe LTC can bounce back despite the recent drop of BTC?
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.
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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
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.