Swing Trading with Litecoin. Strength
I was talking about litecoin yesterday. He began to have his own schedule. This is due to the news of the Lee Wall about listing this coin on the stock exchange. I think the main impulse is not over yet. Watch the channel. Given this fundamental analysis yesterday I managed to make a 6% profit
Ltcusdsignal
Litecoin Breakout or Fakeout? BITFINEX:LTCUSD
When is Litepay going to pour fuel on this fire???
Last time LTC dug itself out of the RED (231 MA) it was in the $50.00 range and held a nice steady uptrend (100% gain) until it broke $100.00 at which point it had a 270% moonshot to its all time high.
Should history repeat itself we would be looking at a climb out of the RED from $195.00 to (100% gain) at $390.00 which puts LTC just above its previous all time high. From $390.00, another 270% moonshot would put LTC right about where it should be now... which is $1,050.00 (In my opinion this probably won't happen before June) But, I would love to be wrong.
As you can see LTC has respected the GREEN 77 MA nicely which is why I HODL above the GREEN and accumulate on the red dips.
Keep an ear to the ground on Litepay news. Announcement of any major vendor's integrating Litepay could tack on 50% before you can say HODL MY BEER n WATCH THIS COIN!
Buy more whenever it has a decent run and pulls back to touch the green line... AKA the MONEYLINE!
LTC Ascending Wedge Followed by PullbackHey guys so I'm a beginner analyst. I've been studying technical analysis for about 8 months and I'm starting to put it into action. I'm looking for experienced opinions, advice and criticisms on my ideas. It's one thing to study something and believe you have an idea of what you're doing, but its another to put it into action, therefore, I would really like some opinions of where I might be wrong on this analysis and also where I might be right. So after LTC's big bull run last night (signaling a reversal on the primary trend in reference to the Feb 4th high on the day chart) volatility is winding down. This is forming an ascending wedge signaling a pull back of the bull run. I'm looking for support at the 33%-50% marks. Is it to soon in the trend reversal to look for support at the 50 and 100 MA's? Again, I'm looking for advice, tell me where I'm wrong, tell me where I might be right, give me some advice if you have any, thank you all!
Litecoin on major support, prepare for a potential bounce!
Litecoin is seeing major support above 222.06 (horizontal swing low support, bullish divergence, Fibonacci retracement) and a strong bounce could occur at this level to push price up towards 244.57 resistance (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing major support above 3.6% and also sees bullish divergence vs price signaling that a potential reversal could be impending.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CRYPTO : LTCUSD Long Based on H1 Timeframe AnalysisThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.
CRYPTO : LTCUSD Long based on H1 TimeframeThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.