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LTCUSD - LITECOIN - BIG BULL COMING SOONFREE ANALYSIS ON LTCUSD
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Watch around 78.74 for buy
Big Bull move being set up.
Hidden Divergence on MACD
LTCUSD short & stop entry/exit -- following selloff; key sell ptFollowing massive selloff due to LTCUSD confirmations being much quicker than BTCUSD obv you'll see a consolidation on both coins yet for LTCUSD a short at $101.13 is viable & likely to occur within a 48-72 hour timeframe.
Safe trading all & Have a great evening.
Short @ $101.13
Stop listed as well.
Disclaimer
I've been wrong many times. This is my personal opinion. Do not listen to it. Though judging from my track record, you might believe otherwise. I've been right more than wrong but all that matters is that you make a wise investment decision based only off what you can afford and not solely off my opinion. You're presumably a grown man/woman and can make your own decisions.
An important crossroads to #Litecoin #LTCUSDThe first sign of a change in trend appeared 3 weeks ago in the form of a star candle (warning against a change in trend)
The positive point in this situation is the support of the solid Fibonacci retracement currently in place for Litecoin at the above price - $ 93.5
Scenario A-Because Litecoin at this moment touches the support above the next wave of rallies is on the way.
Scenario B-The recent gains were, in fact, a sign of the currency's demise, and the currency will continue to crash.
LTCUSD approaching resistance, look out for a potential reversalLTCUSD is approaching its resistance at 142.12 where it is could reverse down to its support at 87.33.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
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?