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Ltcusdlong

LTCUSD DowntrendLitecoin is still stuck in a major downtrend, so, there are currently no good bullish entries unless you are going REALLY long, I understand the price is very cheap. Promising signs of a bullish reversal include MACD rising, and price hitting a nice short term support level of ~40. Price is currently in such an awkward spot it is difficult to short or buy. Advanced traders with a lot of capital may capitulate on this uncertainty that the middle of the trend provides. ~0.78 regression downtrend.
BITFINEX:LTCUSDLong
by Bixley
LTC/BTC TA Update (15% Drop More?)LTC/BTC LTC broke weekly key support at 682500 sats area and already facing another deep dive into no support zone. LTC could easily drop another 15% further since there is not enough historical data of trading history back in March 2017. Weekly RSI is still inching closer to an oversold condition where potential relief bounce could happen. If this candle closes bearish, it will only add downside momentum in the coming days or weeks. Bears have controlled this market.
Short
by PolarHusk
LTCUSD buy on H5Plan : wait for prices to bounce off trendline / horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **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
2
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
LTCUSD mid term forecastIdea : i think of a scenario that can occur if prices reverse are supported by falling wedge reversal and potential inverted H&S patterns formation **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
3
LITECOIN "LTCUSD" Imitates BITCOIN and Ready For a AdvanceAs I stated in my previous post, Bitcoin drives the price action on most of alternate cryptocurrencies. A five-wave defined an impulse which means the direction of a trend as you can see in wave A/1. After an impulse, the subsequent move is called a correction, which is just a pause in a market cycle to allow people to join in the train again. The corrective wave of LTCUSD which unfolded as a double three zigzag seemed to have found a bottom at $42.36 support circa. The area was comprising a strong demand zone and 78.6 Fibonacci retracement of the advance from $22.13. If this wave count is correct, we should anticipate a rally from or near the current level and advance towards the resistance with 1 and 1.236 Fibonacci extensions, as indicated on the chart. The breach of wave (x) high will confirm that LITECOIN has really bottomed. What's your thought about Litecoin? Kindly keep the comment coming. Best of luck on the chart! Veejahbee.
COINBASE:LTCUSDLong
by Veejahbee