LTCETH trade ideas
many alts looks prime and similar set up against ETH.for more then a year I wasn't interest in LTC, now its time
LTC/ETH LongLitecoin looks strongly bullish on the 4H in comparison to Ethereum
$ETH has been the Crypto Market leader lately and with $LTC
looking to outpace this leader it makes a good argument
to enter a long position here.
Reasons being:
-Kumo cloud twisted to bullish
-Bullish TK Cross above the cloud adds conviction
-Lagging Span is above the cloud making a stronger case
-Short term diagonal resistance broken and retested as support
Short term target is .18092 ETH
Good Long Term EntryOversold, near the bottom, and exhausted. LTC has been sleeping. Time to wake up.
ltceth free fallAlternative coins were not so cheap in compare to ethereum.
All are in free fall or ethereum is pumped by selling alts for ethereum and generating artificial ethereum deficit
Support on mid line confirmed, channel createdI said that in my last ideas, ltc is trying to form a stable channel and down trend is done for now ...
We are in mid line and you can see the support on rsi and mid line ...
I can see that up trend is coming again and 19200 is possible again, I recommend you to do long in 18600 to 19000 and 19200
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Take care, trade safe and good luck.
LTCETH Needs to lite'n up!LTCETH has obviously seen better days, but prices relative prices between major coins usually react to historical support and resistance levels. I've been waiting for this zone for a long time. Not a huge LTC fan, but I can't ignore the technical factors here. Hoping to accumulate on the way down and take profit on the way up. No short term rush, but I also wouldn't be surprised to see a mini ~10% pump to retest the wedge in the next couple of weeks.
Uptrend and breaking 19200Guys as you can see rsi has a support line here and its going to break the first resistance ... 19200(0.786 fib) and the first touch will be in 1.618(19500)
There is some thing to reject that, fail in breaking 19200 ! and it will touch the mid line(red channel)
There is a good opportunity to long
18990 to 19200 and 19500
and if it lost to hold 18990 and you see 18800 do the short one to 18500
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Take care, trade safe
Channel broken ?If you see another candle below the 1 fib it means channel broken and next target would be 1.618(0.18518) but if you see a candle above 1, it means we are back to the channel and the target would be the top line(0.19011)
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Take care, trade safe
Channel confirmedOk guys first of all ltc is in a rectangle channel for now, and you can see support and resistance line here.
Price touched bottom line and its time to test resistance.
So I recommend you to do long 18800 to 19000(382 fib)
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Take care, trade safe
Hidden convergence ...LTC were in a descending channel for a long time! I think this is the time to break it, to being in a stable rectangle channel for a while.
As you can see rsi and price are forming a hidden divergence here, price is almost touching the wedge, and macd looks strong after all.
I recommend you to do long, if you see a candle above the line.
If it failed to break the resistance, it will go down to touch the bottom.
In up trend first resistance and confirmation to long is 0.618 of extension(0.19172), and in down trend first support would be 618 of extension(0.18877)
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Take care, trade safe
LTCETH Sell SignalPattern: Channel Down.
Signal: Bearish as the price was rejected on the Lower High trend line of the pattern:
Target: 0.2100 (right above the symmetrical Gap fill (green line)).
LTCETH - 0.26 will hitThis is a forecast on the LTCETH trading pair. It is playing by the technicals very closely and I we are looking at a target of 0.26 with near certainty.
LTC / ETH Double bottom potential + 30%. Pivot pointsThere is nothing to describe here, entry after confirming the support level.
1 TARGET
The level of the local maximum is + 15%, then watch how we will overcome this zone.
Sometimes it happens that from this zone the price turns around and instead of the “Double bottom” figure, the “Triple bottom” figure begins to form.
2 TARGET
Full working out of the figure + 30%.
Stop loss
Under key support levels during your entry into the market.
