Taking a look at a log chart, we can see LTC could be forming a beautiful ascending triangle. Price target would be the height of the triangle which can be seen at 2. This is not trading advice. This is a speculative market. Do your own research and trade at your own risk. The green scenario is our most bullish scenario and I am not finding this very likely as we...
Pretty self explanatory. Very low on the CCI, seems like a fairly straightforward trade. This is not trading advice. Do your own due diligence and research, this is still a speculative market.
Idea for myself to refer back to. This is not trading advice. Length of time is an estimate based off previous blue bull run to the top of the support. *Buy $205/$240 *Target $344 *SL $181 * not trading or financial advice
Posting this for future reference for myself. This is not trading advice. Price target from expected breakout zone is even to height of the wedge and coincides with lifetime upper trendline from the data we have available.
Litecoin is inside a pretty nice looking ascending triangle that spans until April 15, 2019. The momentum oscillator is signaling we should have a bullish cross coming in soon. Look for LTC to possible touch the bottom trend line on the ascending triangle before making its way to the top to try and breakout! Some slow consolidation days inside this pattern should...
Attention HODLers. Please remain seated with your coins stowed away as we prepare for departure to $116. Thank you for flying LTC Chartways. $34 Rise on the first leg gives us our target which lines up nicely to the 1.618 fib extension off of the 0.618 bounce. Also what appears to be an inverse head and shoulder can be seen forming inside the pennant which should...
Title says it all. As bears have called for blood all day and targets below $50, LTC is showing some strength regaining its position at the 0.618 fib level on the 1D. Bullish divergence can also be found within LTC/BTC and the falling wedge is sitting on support. Going to be interesting to see what plays out from here. To support updates please give this post...
Hello crypto enthusiasts and traders, it has been a while since my last post where the three drives pattern failed as LTC was beaten down below the long term trend line. Still Long on LTC for 2018 as this is not unusual for the crypto market and afterall, BTC was ranked the worst investment in 2014 and people are starting to say the same thing now about 2018 so...
Hello traders and crypto folk, this is a more elaborated version of my previous post . This is not financial advice, but merely my opinion based off the 1 Day Chart of LTC and you should not participate in investing in LTC merely based off of this post - crypto is still relatively new and NOBODY can tell you exactly where we are headed, but we're all headed there...
Litecoin looks great on a 1D chart as you can see the three drives pattern in effect. There's no telling when just yet but at some point we should be testing the top and seeing a breakout to the ATH's. Look for consolidation inside the support/resistance before an attempt to break the top. End of the triangle would be right aroud July 17th - there is some time we...
Since the initial price break, LTC has just checked into the original bullish support as we got dragged down by the King, BTC. It is a very interesting place we have stopped as this happens to be the crossroads of the bottom support of the pennant and longest bullish support line. As long as it holds, it should send us up and out of the triangle. A lot of longs...
Folks, I know people are completely frightened by crypto right now but we are actually looking great in my eyes. This is a more in depth, caring update to my previous post, . Looking at our 1D chart, we have a bullish MACD crossing that has just taken place. Why is this so important you may ask? Well because the LTC/BTC ratio is on the cusp of breaking out of a...
3D chart shows a bit of optimism for LTC from my perspective. Please do your own research, this is not financial advice. Comment and like if you'd like to see updates and hear some thoughts on it.
This is not financial advice. Remember to D.Y.O.R. Also note the inverse Head and Shoulders forming in the RSI.
Getting right into it, it appears we are about to enter the right shoulder if you were to look at a smaller aggregate chart, as we have just seen a decrease in volume on the 1 hr chart throughout the rise. When the neckline is reached we should be sent up to point A and test the upper resistance band yet failing, keeping us in a large falling wedge. A possible...