Ltcusdlong
LTCUSD approaching support, potential for a bounce!
LTCUSD is expected to drop to 1st support at 76.78 where it could potentially react off and up to 1st resistance at 103.72.
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LTCUSD formed a shark pattern | Upto 25% potential tradePriceline of LiteCoin / US DOLLAR cryptocurrency has formed a complete shark pattern and entered in potential reversal zone.
The RSI is already oversold.
I have defined the sell targets using Fibonacci sequence plz find below:
Buy between: 85.330 to 81.050
Sell between: 91.005 to 101.533
Regards,
Atif Akbar (moon333)
LTCUSD - Reached exactly my target! Next steps ahead?!_______________________________________________________________________________________________________________________________________
Hello traders investors and community. This is an update analysis on my recent SHORT analysis about LTCUSD.
As you can see in the chart it reached exactly my SHORT target at 97.602, there is also a second target at 83.270 which we will reach the next time!
However i think we will have a reversal to the upside from that point, first confirming the EMAs (50 and 100) and then go ahead.
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Everybody who watched my SHORT analysis on LTCUSD should be happy now.
I will cut off my SHORT and take profit at the second target (83.270), also i will open up a LONG position at that level.
Target will be the blue trend-line you see in my chart.
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Also we have an great signal confirming in the RSI, it is oversold and forming an bullish divergence!
Great to see also this factor playing into the successful analysis and for an good LONG entry.
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Okay hopefully you enjoyed this analysis, give some support and i will probably upload an LONG term analysis on LTCUSD! So see you soon!
This is only educational and should not used to take action in markets!
May all happiness and luck come to you friends!
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LTC LITE COIN LOOKS LIKE GOOD BUYLite coin looks like a good buy here we are still low on the RSI on the 12H and the Daily we are having a little bit of consolidation people profit taking after the quick gain today after the 69% pullback. Support is at 76 if this support line fails than cut loses quickly.