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Ltcusdlong

Litecoin IHS to $179Litecoin broke down as I suspected. It was up against too much resistance and lots of profit takers at the $180 level. It's currently creating an Inverse Head Shoulders with a target back up to test $180. That would be a nice level for profits. After that I see a healthy retracement down to the $154 level to build liquidity; so we can go higher for another profit taking near $220 Let's see how this plays out over the next 7-10 days. Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
KRAKEN:LTCUSDLong
by CryptoDude79
1
LITECOIN Parabolic move - Will it reach 330.00 level (.786 Fibo)LITECOIN On December 2017 year end Litecoin has visited the high level around 430.00 And seen a rapid selling from that level and the earlier 2000% gains were wiped out entirely and it has started its upward journey In 2018 December as we can see the cycle repeats itself during the year end as its pumped around 500% which is a 25% of the previous year end jump. And from January month onwards its again started to falling towards 25.00 level. And we can see that 25.00 level has acted as strong support for the bull. Since end of 2019 this level has not breached and bear failed at this level. From October 2020 the parabolic move has stared and its still running and its has managed to reach 2019 high level which is 145.00 level and even LTCUSD has managed to break this level and the retest has also happened and went above the .382 Fibonacci retracement level. The next major key testing ground was 0.50 Fibonacci level comes around 220.00. From this level we can see a profit taking scenario might happen and we can expect short term fall back towards 0.382 Fibonacci. If that happened it would be a nice buying opportunity. The 50,100,200 EMA's are acting as good support for the bull and Ichimoku cloud is also supporting the bullish trend . In Bollinger band it has reached around upper side of the band short term fall back towards middle band was expected. Disclaimer! This is not a financial advice
COINBASE:LTCUSDLong
by forexorbit
LTCUSD Buy IdeaLTCUSD have been on a strong uptrend, recently a move to the upside on the MACD suggest that litecoin is going further north, looking for opportunity to buy. Disclaimer -Disclaimer -Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
COINBASE:LTCUSDLong
by taufik8888
1
Litecoin to $250 and why investing Always beats TradingI know a lot of you are thinking this is overbought, over heated, ran up too fast, etc and are trying to apply some sort of technical analysis to it but I want you to know - you are focusing on the wrong thing. Your mind focuses on "warning signs" because our brains are programmed with a survival instinct that always seeks a safe shelter (i.e. cash).... Here is one bitter truth that is very hard to accept and that every trader learns only after loosing a fuck ton of money: trading will never beat investing because trading focuses on all of the negatives (resistance/support lines, bear/bull flags, etc.) but investing focuses on only 1 positive long-term vision. Until you understand it, you will never win big. Take a look at every chart I made and compare it to this weekly chart. Notice how on the weekly chart its a straight shot up without any interruptions? Investing ignores all of the noise, trading focuses on the noise. That is the big difference. On weekly, we see a clear Adam and Eve bottoming pattern. I expect this to rip higher regardless if we correct here or not. STOP trading and start learning macro behind assets that matter (Real Estate, Gold/Silver, Dollar, Bitcoin, Ethereum, etc.). Nobody gives a fuck about tokens so trade those all you want, but do not trade the big stuff or will sit back, look at the weekly chart and realize that if you didn't dink around past 6 months, you would have been a millionaire by now and the only person responsible for it is you. Focus on the noise and lose or focus on good macro and win big.
KRAKEN:LTCUSDLong
by bossmodetrader
36