Get started

Litecoinusd

Litecoin has no light :-(There is no surprise at the moment that cryptocurrencies are not doing very well this week. Check out my BTC analysis if you have not seen it already. Now! LTC has struggled this week to push back above the weekly VWAP (Dark Blue line) which is a little concerning to me. With price consolidated around the previous monthly VWAP level (Yellow Line), which is also the current 30 - day VWMA and the fact that these levels sit on $100 I would be placing my hands in my pockets for now. There is no reason to buy litecoin at this price, and if we drop below $100, there will be a steep drop towards $90. WARNING: With the weekly VWAP in a downtrend this week should be off limits to buy litecoin until we see a close above the monthly VWAP and price sustains a level above the weekly VWAP. On the opposite spectrum, a close below $100 would be the right place to load up on more litecoin for a long term hold. LTC will not end this year below $100 especially with the litecoin halving in two months. Use the value area on the chart as a guide but be careful as the price could be heading towards the three months low, which is the the 90 -day VWMA (purple line). Check out my blog below and remember to like this post :-) LITTLE BIG MOVEMENT LATEST BLOG POST "Patience is the key to any market" - Nathaniel. Next update will be on the 1st June 2019 - Thank you for your love and support. Regards Nathaniel - "The value Trader" Little Big Movement
COINBASE:LTCUSD
by Little_Big_Movement
2
Litecoin is refuelling once again Once again, I can only laugh at what Is happening in the cryptocurrency markets. Remember to follow me on Tradingview and check out my blog below. LITTLE BIG MOVEMENT LATEST BLOG POST While I had made so notes on the current market before going to the gym, it turned out that 1 hour was all it took for cryptocurrencies to pull back. If this is the first time reading one of my market analysis ideas, then you will be in for a treat. As a VWAP trader, I like to look at the volume weighted average price using the Bi-Weekly & Monthly VWAP lines. It is easier to find great spots in a clear trend when the price shoots away from the VWAP. As we all know, price MUST retrace back to a central point. Looking at the current value of Litecoin, you can see that this colossal selloff has broken both the Bi-weekly (light blue) and Tri-Weekly (dark blue) VWAP lines, but bounced back between both VWAPs. In my eyes, this has confirmed that buyers are not willing to pay more than $120 as it stands, plus we have now seen a 17% drop from this month high at $121. This should come at no surprise, and if you are looking to enter this market, you will be looking for prices between $101 - $88. Take a step back for a moment and look at the points of control on the chart (red arrows). As they have not been breached, they will be a potential price point which will see price move towards. $101 will be breached, and I am confident the price at a "bare" minimum (pun intended) drops below the monthly VWAP (yellow line). The monthly VWAP will be making its move on 1st June, which means you will need to be ready for the next opportunity to buy more Litecoin. I have provided you with an excellent value area in green to buy more Litecoin. If you can stay patient, I would wait until the 1st June to see if the Monthly VWAP moves above $100. "Patience is the key to any market" - Nathaniel. Next update will be on the 1st June 2019 - Thank you for your love and support. Regards Nathaniel - "The value Trader" Little Big Movement
COINBASE:LTCUSDLong
by Little_Big_Movement
LTC - Bull flag forming or pull back in this channel?Hi folks, welcome to this analysis on LTC. We have had quite the run thus far and have seen LTC make new highs all the way to 120. We have had positions long on LTC from 70ish, some lower, some higher depending on how you did your ladders and entries. Right now, we want to protect our profits and see if we can't re-enter at possibly a slightly lower price. But importantly, we want to protect our positions. So! Before I tell how I am going to do that, let's look at what's going on. RSI- We have RSI creating this double top on the daily, almost divergent like but not quite. This could be a sign that we'll get a pullback. but you'll also notice that it's ascending, almost like an ascending triangle. This could lead to another big move up. MACD- Daily MACD still shows a lot of strength. The weekly ESPECIALLY shows a lot of strength. This could be an indication that we are just forming a bull like flag, and will continue higher. It could also be contested that if we are following the weekly, that we will stay in this pitchfork I drew and march higher as time goes on. The 2 scenario's i see at this point are: 1. We form some type of bull flag and move higher. (this also appears very valid when you look at LTC/BTC and how it's moving) 2. We move down and stay within this pitchfork for another major move up. We're in a really good position with our entries from down low and can take advantage of this. I will be putting a stop just under the bull flag to lock in my gains and see if I can re-enter slightly lower if it triggers. It's important to realize that even if we move lower and get whipsawed, we can always re-enter if we see the bull flag continue to form. If we continue up, we are still targetting just below the 150 area. Happy trading and hodling, Sherem
COINBASE:LTCUSDLong
by Sherem
1
LTCUSD dont hold your breathLTCUSD TA Some key indicators to note: ADX showing strong upward momentum RSI looking overbought (be careful here) Strong upward channel, with 50MA (in green) playing a vital role as support. Expectation: Momentum is strong signalling bullish action. But in the short term, i'd expect to see a pullback to retest the 61% - 78% Fibonacci zone, or the lower bound of this ascending channel. For those going LONG, the 50MA would seem to be a favourable entry point.
BITFINEX:LTCUSDLong
by gingerbre4d
Flashbacks: Look what happened the first time LTC hit $114The first time Litecoin reached these levels, the price jumped from $114 to $350 in 1 week. (December 2017) I'm not suggesting this will happen again. This is merely a basic observation that may be worth paying attention to. Check out my last idea - it is playing out as well (so far). LTC may be on track for $1k+ (not a whole lot of overhead resistance) Time will tell Happy TV time all yadayadayada *This is not financial advice*
BITSTAMP:LTCUSDLong
by Ascetic_Rising
Litecoin Accumulation Phase - Be Ready for the next waveMost traders are prone to hating the accumulation phase of a market because there is no clear sign which way the market will go. If you look at any market which is related to currencies, the accumulation phase is the best time to buy or sell. Sideways price tells me one thing - " buyers and sellers are equal". Now at this point, you might be thinking, "well, that is not going to help me" but it will. What you need to remember is Litecoins price has not dropped below $85 since the $100 high. Whales love to swim in the deep waters with vasts amount of liquidity. This provides them with the best cover to hide their big trades without moving the price of Litecoin. Have a look at the current value area (green box) between $90 - $80, if you are looking to buy at the best price. its possible the price will not drop below $90, try to position a trigger trade if price breaches $95. We will retest the $100 again so don't doubt this uptrend. LITTLE BIG MOVEMENT LATEST BLOG POST "Patience is the key to any market" - Nathaniel. Next update will be next week - Thank you for your love and support. Regards Nathaniel - "The value Trader" Little Big Movement
COINBASE:LTCUSD
by Little_Big_Movement
Litecoin are in important levelWill halving pushing up LTC? I personally believe that yes. I am accumulating it from January 2019. Now we are on important level. If LTC break 0,011 BTC, perhaps 0,01 are in game. If fundament about halving should stay strong - LTC have to rise, because LTC halving is a pattern for BTC halving. People are expecting pump. If pump not come, they will ask, if the same cannot happen to Bitcoin. If whales wish strong halving pattern, they should help LTC :)
Long
by Danesk
1
Head and Shoulders This seems to be forming a head and shoulders pattern. It would be smart to wait on this and then short for some good gains.On my last post I was looking at a long position and I was right on the money! Now we are still waiting for this to hit the TP to then take the short position.Shorting around 92.000 would be a good idea. Quote: “The goal of a successful trader is to make the best trades. Money is secondary.” – Alexander Elder Trader essential from Amazon 1. amzn.to -Tylenol Extra Strength Rapid Release (LOL) 2. amzn.to -Encyclopedia of Chart Patterns 3. amzn.to -Apple MacBook Pro 4. amzn.to -OLLY Goodbye Stress Gummy, 5. amzn.to - Lenovo Ideacentre AIO 520S 23-Inch Desktop Computer (Intel Core i5-7200U, 16GB DDR4, 1TB HDD, Intel HD Graphics 620, Windows 10), F0CU0001US 6. amzn.to Apple iMac (21.5" Retina 4K display, 3.0GHz quad-core Intel Core i5, 8GB RAM, 1TB) - Silver 7. amzn.to -Dell i5680-7813BLU-PUS Inspiron Gaming PC Desktop 5680, Intel Core i7-8700, 16GB DDR4 Memory, 128GB SSD+2TB SATA HDD, NVIDIA GeForce GTX 1060, Recon Blue, Windows 10 64-bit
BITFINEX:LTCUSDShort
by Red_Rock5
LITECOIN (LTC/USD) - Technically Strong AreasThe higher area consists of: - Fibonacci retracement 38% - Strong area, only strong candles have managed to crack this level. - The semi-round number $70 This level should hold us if the BTC price doesn't drop below $4,800 The lower and the better entry point would be around the $50 - Perfect Fibonacci retracement 62% - Fibo retracement matches exactly with previously worked support and resistance levels - The round number, $50, should play also a significant role in this game - EMA's should start to act as support levels around that area. From the technical perspective, those levels are pretty strong, add here some fundamentals, watch closely what BTC does, do Your own research, etc. Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You! Have a nice weekend, Best regards! *This information is not a recommendation to buy or sell, it is used for educational purposes only!
by VaidoVeek
1