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LTCEUR trade ideas

LTC possible long opportunityLTC is moving in a descending channel since a few days. If it is able to break this downward movement, we could face a buy opportunity. MACD is crossing over and RSI returning from oversold region. Volume on up movement looks fine. Also note that LTC has shown strength in the bearish market conditions we face last weeks. It is only advisable to take action when price breaks channel and is confirmed by other indicators. If resistance is too strong, we could go to lower 30's.
Long
by HerrVonBraun
Litecoin lift offIf i realised how bullish litecoin would end up I would have eaten it up when it was less than 6 eur... Hindsight. Anyway, this chart demonstrates that there is potential upside and also potential for a brutal selloff that will eviscerate those who are not careful. Just scroll back to the first listing on Kraken. Ichi is bullish on 4hour, daily and weekly. Stock RSI is crazy oversold on the monthly but that is to be expected with the 10 bagger move LTC has already pulled off. There is a nice channel on the weekly, so I think at the very least we can expect 35 eur LTC by july and perhaps even triple digits as LTC participates in it's own parabolic euphoria. Keep your stops nice and tight on this bronco, worth picking up on the dips of the increasing volatility we will like see going into the summer. Good luck.
Long
by snatly
1
LTC EUR small drop before a higher rise (Sunday-Monday)I think there is going to be another drop in short-term of BTC. Many new investors coming in BTC and after seeing a 400€ drop in a few minutes, are waiting for the bounce to get out. Also many analysist are talking that the bubble could pop anytime soon, and it is normal after the recent rises over 10% a day people will try to sell. LTC and most of altcoins drop when BTC falls. However, after this, I think LTC will grow a lot as it was trying to reach 35€ again before the yesterday fall, probably until 40€ or 45€, very close to XMR. Just my opinion :)
Long
by Playero55
LTCEUR: If you're already long, there is pending upsideTo join this move, if you were looking to buy now, it is a bit late. The daily chart gave a signal, but there is always risk that the miners decide to remove hashrate and that would decrease the Segwit signaling %. To activate it, the hashrate signaling it has to be 75%, it's now around 70%, which got people excited. There is no guarantee miners don't go and make this drop, since it's as easy as flicking a switch... If you're long and in profit, trail stops giving the market some margin of error. Don't buy now if you missed it. There are always new trades. Timing is key gentlemen. Cheers, Ivan Labrie.
Long
by IvanLabrie
15