Litecoin: What are the odds?Based on this 900+ day resistance trend line for LTC, what seems to be the next logical price movement?
Place your bets.
Litecoinbitcoin
Litecoin breaking out Falling wedge!LTC forms a structure similar to Falling wedge because it always creates a new Lower Low. The downtrend is already slowing down and there may be a break out of this channel.
We are currently in the Buy Zone, so I would definitely create 2-3 orders to buy between 0.006590sats to 0.005950sats. Stop Loss goes below the local bottom, 0.005840sats. You can see Key zone in the chart. It is the key level that will show us what LTC really has the power to break through the Falling Wedge. If we break through the Key zone and stay on top of it, our first target will be 0.007880sats and the second target will be 0.01sats.
LTC / BTC - Long Position OpenedHere is my long term idea for LTC / BTC .
Small profit can be taken earlier.
LTC can easily bounce to $60 - $62 or moreHere we can see LTC is bottoming out and is ready to spike in price with any increase in volume, remember guys LTC is a long term player and has been around as long as BTC this is a coin that has great potential to return to previous highs. Make sure to grab a bag of these.
LTC - almost completely copied the behavior at the last halving)almost completely copied the behavior at the last halving)
According to this logic, he would fall under 0.786, but there was an opinion that he was going a little ahead of the BTC
So btc and go down below
LTCBTC formed gartley | a good long opportuntiyThe priceline of Litecoin / Bitcoin formed a bullish gartley and entered in potential reversal zone.
This potential reversal zone should be used as stop loss point.
I have defined targets using Fibonacci sequence:
Buy between: 0.006703 to 0.006643
Sell between: 0.006750 to 0.006864
Regards,
Atif Akbar (moon333)
FURTHER DOWNSIDE ON LTECOIN TO $35.5I previously marked up LTCUSD and so far, the market has respected our analysis ( i have attached it below) .
Litecoin still has bearish momentum and is showing potential to continue moving bearish to the $35.5 mark. Across the board, we have been pretty bearish on the Crypto side and we can expect further bearish momentum across the board too.
LTCUSD forming bullish Crab | Upto 27% expectedPriceline of Litecoin / Bitcoin cryptocurrency is forming a bullish Crab pattern soon it will be entered the potential reversal zone.
MACD and Stochastic are strong bearish.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.006255 to 0.005810
Sell between: 0.006600 to 0.007435
Regards,
Atif Akbar (moon333)
Litecoin ready to break its bear cycleJust like all the other big caps and blue chips, Litecoin is showing a shift in momentum.
- Big divergence on higher timeframes.
- Super tight daily OBV channel.
- 6H kumo breakout + some healthy retracement.
- Conservative target on the chart.
Litecoin looks ready for a pump.
Also take a look at one of my older charts on the Bitcoin dominance
The idea is playing out, supports are broken. Altcoins is where you need to focus on now.
Good luck!
LTCUSD is approaching to Support/Resistance Zone...This Support/Resistance Zone has stopped price falling on 16 Jul.
That's why it can react near this level now and make some pullback.
But if the price will cross this zone it will be good Buy opportunity
Before to trade my ideas make your own analyze.
Write your comments and questions here!
No need to write them in PM.
Thanks for your support!
Possible breakout for LTCXBT Hi guys,
We are at a crucial point with LTC/BTC.
LTC has formed falling wedge on the daily here and is reaching to resistance point.
Although Litecoin at the moment doesn't have too much fundamentals, technically I do think there is a chance we break out to the upside.
If you would like to follow my trades I'm showing them on my youtube channel : www.youtube.com
Litcoin rektThe ltc, btc pair broke support at .0068. Looks like there is potential for this to fall to .003
LTCBTC looks Very healthy with Massive Price Growth over 80%BINANCE:LTCBTC
is showing a massive bull run in annual timeframe charts.
we have good supporting levels at as highlighted in the charts 0.007049 and 0.007240 . We need big volume push in order to cross to reach territory of 0.090xxx , once it has been achieved we are clear to move up further.
i have highlighted sell targets using simple comment box as SELL 1 and SEll 2 . PLZ be sure that my primary focus is playing on the safe side since there a chance of retracement in the territory of drop zone around 0.013200. We are looking to hit above 0.0150xx in long run.
What should we do Now?
lets wait a bit to see more decline in volume and make a buy accordingly, however my buying zone is between 7030 and 7120.
Never forget to use stoploss and keep alerts on your cell phone.
Events and news on LTC:
on 5th August 2019, LTC went through another halvation to Ltc/BTc.
Charlie Lee is now more active on social media and promises to deliver more frequent update on ltc.
Positive critique is always welcomed
help me improve my charts.
happy trading
LTC/BTC Litecoin Buy Zone - I Love LitecoinLitecoin is the right coin as a means of exchange.
I'm gonna be going in heavy on Litecoin but I'm not in a rush to market buy. I'm looking to catch this wick or buy the range if it holds.
LTCBTC formed a bullish BAT pattern | Upto 101% expectedPriceline of Litecoin / Bitcoin cryptocurrency is forming harmonic patterns with continuity.
1st the price action formed bullish Shark pattern and gave more than 168% profit, now it has formed bullish BAT and entered in potential reversal zone.
Price action is hitting the support at 0.007001 sats which is not broken since Oct 2017.
Volume profile of both patterns together is showing less interest of traders below 0.007001 sats strong support.
Volume profile fixed range of only current butterfly pattern is showing low interest of traders within potential reversal zone so there are more chances that the price action will take bullish divergence from here soon insha Allah, however for secure trade we can wait for next candle stick to open and close sideways within PRZ area.
I have defined targets using Fibonacci sequence:
Buy between: 0.009461 to 0.008255
Sell between: 0.012336 to 0.016653
Enjoy your profits and regards,
Atif Akbar (moon333)
Litecoin / Bitcoin - The Heavens Await ( Long )After the down move we see the reversal and push back up over 0.0075 range.
Small sideways action over the evening but broke out as expected.
Expect larger moves to the up-side while bitcoin comes back to meet the trend line.
Target zone 0.0089 - 0.0095 range.
Target time ( 10 / 15 days )
Look for re-entry zones ( 0.007550 - 0.007680)
LTC Long Opportunity (Super Support)Hi guys its Brian here with a long opportunity for Litecoin (LTC)
As you can see from the chart, LTC recently just bounced off a super strong support as shown by the green circled areas.
LTC has had 2 previous green days and if the support holds, I think we are headed upwards either in the near future or perhaps some consolidation before moving higher.
Stop loss can be placed below the support and I have identified 3 good areas to take profit, labeled as TP1, TP2 and TP3
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Litecoin ( LTC/BTC ) Buy ZoneAfter the FUD by bloomberg in this news post we saw a large sell off in the LTC market with more short's pushing on the downtrend.
Looking back at Litecoin and bitcoin's past after halving events we see this sharp move to the downside followed by a parabolic move back to the upside.
Bloomberg : Search term crypto-hype-over-halving-leaves-litecoin-owners-holding-the-bag
** Great way to get some more cheap litecoin if you ask me**
Buy zone 0.007- range.
Sell Zone 0.009+ range.
Expect a sharp move to the upside once the Bitcoin price starts to fall back the re-buy into litcoin should give a good push back over the 0.08+ range.
LTC/BTC - Monitoring the 1D ChartLitecoin doesn't make a lot of sense to Bitcoin fans, and is seen as some kind of 'regular cola' imitation thing.
But it's friendly image, attractive price and pole position on Coinbase makes it popular with the dumb, unthinking first time gamblers who waddle in to the crypto casino.
For that reason I want to keep an eye on it while we wait for an (inevitable!) resurgence in altcoins.
Will update this regularly with thoughts on how it develops. Expect a relief bounce at one of the old support levels that are detailed with the blue lines.
