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Ltcusdshort

LTCUSD testing support, potential for further rise! Price is testing our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). A break above our intermediate resistance (horizontal swing high resistance) might provide the bullish acceleration to our first resistance level. Stochastic is approaching support as well where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDLong
by easyMarkets
LTCUSD testing support, potential for further rise! Price is testing our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). A break above our intermediate resistance (horizontal swing high resistance) might provide the bullish acceleration to our first resistance level. Stochastic is approaching support as well where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDLong
by easyMarkets
1
LTCUSD bounced off support, potential for further rise! Price bounced off our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is approaching support as well where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDLong
by easyMarkets
LTCUSD near resistance, potential drop coming!Price is approaching our first resistance (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDShort
by easyMarkets
LTCUSD approaching resistance, potential reversal! Price is approaching our first resistance (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDShort
by easyMarkets
LTCCUSD approaching resistance, potential reversal! Price is approaching our first resistance (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDShort
by easyMarkets
Potential bounce as LTCUSD is approaching support!LTCUSD is approaching our first support (horizontal overlap support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where price might bounce to our first resistance (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDLong
by easyMarkets
LTCUSD approaching resistance, potential reversal coming!LTCUSD is approaching resistance (horizontal pullback resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below our first support level (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDShort
by easyMarkets
LTCUSD approaching support, big bounce upcoming!LTCUSD is approaching our first support at 61.10 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement) where we might see a corresponding bounce to our major resistance level at 84.36 (horizontal overlap resistance, 61.8% retracement). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDLong
by easyMarkets
2
LTCUSD approaching support, big upcoming bounce! LTCUSD is approaching our first support at 61.10 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above our first support level to our first resistance level at 84.36 (horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic is approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDLong
by easyMarkets
1
XAGUSD is approaching our first support at 14.83 (horizontal LTCUSD is approaching our first resistance at 113.24 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur to our major support at 94.33 (23.6% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDShort
by easyMarkets
LTCUSD approaching resistance, potential drop! LTCUSD is approaching our first resistance at 113.24 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur to our major support at 94.33 (23.6% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDShort
by easyMarkets
#LTCUSD Is it time to get excited?Our technical analysis on LITECOIN/US will focus on the 2 indicators we added to the above chart. Stochastic-This indicator knows how to find such trends by a mathematical formula invented by George Lane (briefly on the indicator) as you can see we are currently in the 80 range that's a range of being overbought Ichimoku- this is an indicator for finds trends and not in order to find corrections that the market can make. According to the above indicator, On the daily chart, we are on a rising trend as the price of the LITECOIN is above the clouds and is accompanied by a rising green cloud. On the weekly and monthly charts,The trend is still declining and the Litcoin will have to continue the rises consistently to change this trend as well. In conclusion The trend formed on the daily LTCUSD chart is an upward trend but we have reached overbought signals and therefore we recommend a sell signal Sell LIRECOIN: Entry price:86.68 Take Profit: 65 Stop Loss:100
COINBASE:LTCUSDShort
by xosignals
LTCUSD approaching support, potential bounce!LTCUSD is approaching our first support at 57.14 (horizontal overlap support, 50% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 63.31 (61.8% Fibonacci extension). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
COINBASE:LTCUSDLong
by easyMarkets
Litecoin Short Becuase Doji Signals A ReversalWe all know doji patterns after an uptrend suggests a reversal. LTCUSD saw yesterday form one of these patterns. However, the difference between LTCUSD's doji yesterday is that it did not really come at the end of an uptrend. Rather, price action has moved mostly sideways over the past week of trading. Because of this, I would not start lighting your hair on fire and selling all the Litecoin you have. On the other hand, stochastic and RSI remind us that we have a bit of a ways to go before overbought signals are flashing. However, once they do, get ready for the exits as price action in LTCUSD can move incredibly fast. For more analysis, check out www.anthonylaurence.wordpress.com
BITFINEX:LTCUSD
by WhiskeyTangoFoxtrot3