LTCBTC goes breakout readyLTCBTC seems to go breakout ready around 0.0085 BTC, the triangle peaks in ~24hours
remebering $DOGE runs on LTC chain
good luck frens
Litepay
Cryptocurrency Update - YEAR OF THE HODLER During the last month we have seen a drastic sell off in all crypto due to a massively over-bought market caused by Over enthusiastic and fake hype throughout the whole market with bitcoin -0.34% being the leader, in my opinion this sell off is now over with currency such as lite coin increasing by around $40 in the past week.
Due to news releases in both lite coin(LTC) and ripple (XRP),
LTC - Bringing out Litepay via visa debit, allowing LTC holders to spend there cryptocurrency anywhere in the world using there lite coin visa debit card will incease popularity worldwide and make the currency more accepted and integrated in the future.
Ripple - Having teamed up with banks such as Barclays, in integrating a blockchain international system the future is looking good for this cheaper crypto coin, Unusual as it is for banks to try and integrate cryptocurrency into there everyday business, usually condemning them as "bubbles" and "nothing coins" due to there being no easy way to regulate said currency's such as Bitcoin -0.34% and lite coin, Ripple is very much different therefore in the future I believe the future for ripple is one of the most promising of all crypto.
LitePay ceases all activities, how will this affect LiteCoin?News broke today that the LitePay CEO announced that he ceased all operations and is planning to sell his company. Within hours after the news was released LTCBTC dropped to 0.0179 BTC, coming from 0.0190. Until the disappointing launch of LitePay last month, many investors had high expectations for the payment service for LiteCoin.
This will definitely hurt the LiteCoin trading price, but it is yet to be seen if it is a temporary hick-up for a (few) day(s) or if it will push LTC outside of its trend within the purple channel.
You can use this chart to help you identify trend lines & support and resistance zones to monitor for a break in trend. Personally I only enter trades after I witness a break confirmation and set layered sells slightly below resistance targets.
This is not financial advice and my (non existing) future telling glass ball happens to hick up sometimes: you should never invest solely upon reading my or another persons TA and always do your own research: explore news, social media, white papers, tech info and so on.
Be extra cautious during these times of Bitcoin volatility , the market is twitchy and trends are easily broken at the moment so be sure to monitor your trades and set alerts and stop loss orders in place.
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An upvote to increase the exposure on my charts is very much appreciated!
Happy Trading! ~ Crypto JC
P.S. maybe you've already seen this chart, I accidentally set that one to "private", so I had to re-publish a public version ;)
LTC H&S. LitePay shutdown!Seems like LTC drew a HUGE H&S on the daily chart, and the target is mid $40. We are right at the neckline, and surprisingly(no) LitePay which caused a major FOMO run recently, was officially shut down this morning. Be careful, don't become a "HODLer"
LTC to $139LTC has broken the uptrend line. But it follows BTC I believe this is not a major issue.
As BTC should drop to around 7k, LTC will see a drop to 139.
There is a lot of hype going on about LTC. Some predictions as far as 1.4k by as soon as April. We will have to see if that happens but I believe this is possible by end of the year based on the growth that LTC seen and due to launch of litepay and litepal. Litepay did not shoot up the price due to credit card companies not supporting it. But if more and more merchants start using it, will end up being a success. What I am trying to say is, great time to get some LTC.
Just my opinion/idea. Don't act on it.
LTC / Dollar, 30, Bitfinex | Will it Hold? I believe in this play.
2 & 3rd stop weak, this must hold.
Strong resistance at 216$ - Expect selloff here.
4th stop very strong bros, if this breaks - Might see fud selloff.
-
Litepay hurry up xD
Always, safe trading.
Yours truly,
Crypto420-
Critical Area for LTCUSDCOINBASE:LTCUSD
LTC is at a critical area of trendline support on the Daily Chart. RSI and OBV remain moderately strong. If the trendline is broken on the Daily Chart ,we are looking at 177-180 area for a bounce.
Strong Support Area remains around 144.
If we get a push here with some more Volume, we may go past 238 and eventually Target for 272 in the near term. A major resistance for a bullish reversal will kick in aroound 300-303 area.
A daily close today should command the direction. However , Overall in the absence of volume and fading enthusiasm around news on Litepay, i am slightly incined on the bearish side and may wait for the green levels indicated on the chart for entry.
LTCBTC - updated IDEA - please visit previous ideaPrevious Target Done -- next 0.24 Satoshis. Please check my previous chart also. Resistance broke, we need little more volume for journey to $250. LitePay should bring more attention to LTC, releasing 26th Feburary!
Link to previous chart :https://www.tradingview.website/chart/LTCBTC/tuPiEnDe-LTCBTC-needs-more-volume-huge-potential-in-coming-few-days/
Target 1 done :)
PS: i am new here and still learning TradingView :)
LTC, A cup of tea with a little bit of $$$ on the side pleaseCUP and handle forming on LTC.
Coin (LTC)
Buy-in: under $230
Current price: $219
Stop loss: $195
PT: $240, $265, $300
___
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LTCBTC Buy. Short term tradeFundamentals: Litepay payment service will be released tomorrow, deploying the service in 41 countries simultaneously.
Litepay is extremely fast (transactions occur in seconds) and cheap - flat fee of 1%.
Technical: SMA 50 above SMA 200 and price above SMA 50. That is a double bullish confirmation.
Buy now
Take profit: 0.0267 (+23%). You can also keep a part of LTC for long term.
It might be that the price will dump a bit today and tomorrow as long term holders are aiming to sell before or just after the launch. That's why I would not suggest to use a Stop Loss. If you still want to do it, you can pick 0.0159 level.
LITECOIN: COMING PUMP?The price, after breaking down the bearish trendline, created a huge bullish impulse until about 250 USDT. Then it retraced on the support placed at 180 USDT. At the moment, the rebound happened on that support shows positive signals. These aforementioned signals may suggest a coming back nearby the resistence area (underlined by the red rectangle). In case of a breakdown of the resistence area a huge bullish impulse may happen. On the countrary, if the trendline represented in green colour was broken down, the price might come back towards 180 USDT. It can be recommended to consider an eventual entering when the resistence area breaks down always setting the stop loss.
Can LTC find new highs?!?Yes, another post on LTCBTC !
Just wanted to get this out to show what we are seeing on the STOCH RSI, RSI, and CCI on a 4 hour mark. All 3 are beginning to fall which could show signs of weakness and being oversold. We have had another rally but could not reach the previous most recent high of .02490. We topped out around .02381 and we have started to fall again. We could see LTCBTC fall back to test the green uptrend channel around .02000 or even touch the support line again around .01947 - .01975. If it hold this and bounces off the support we could see another rally up and I expect to break the resistance line and find a new high, IF it were to fall below we could see a fall back to the second support line.
ALSO, today is supposed to be the release of LITEPAY, should make for an interesting day!
Happy Trading :)
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
*Please leave a comment and let me know what you think!
LTC At its strongest against BTC - LitePay Release Tomorrow 2/26Right now with the recent high against BTC, It is a good time to trade out a portion of LTC to BTC, as it is at a new high against the king. BTC is currently set to bounce back up: riding along support and possibly forming H&S. Litepay to release tomorrow, target 1 is .25
LTC going up steadily! LitePay hype looks promising.Due to the LitePay release date on Feb. 26th, we see Litecoin's making it out of the bearish weekend to see a positive uptrend. My opionion is that LiteCoin will continue to make a gradually increase for the next few hours then shoot passed resistance line(Blue Line). Once Litecoin has passed through resistance line we will definitely see an outbreak. I'm not promising that Litecoin will make it passed resistance line so please set up a stop-limit. I have my currency already bought in at $203, and set up my stop-limit already just in case. Good Luck everybody! Please leave a like if you agree with my opinion. I am trying to get more reputation points to join the chat room. As of now I only have 10 points. 40 more to go!
UPDATE: LTC and LITEPAY, ftw...“The pullback in Litecoin is indicative of the general market pullback... Litepay is on track to be released on February 26"
-C. Lee
image.ibb.co
^^current btc -3.86% risk^^
What is litecoin, anyway?
i.imgur.com
ebnflows.tumblr.com
www.instagram.com
Litecoin found a new trend line... perhaps Here's my thoughts on what I'm expecting out of Litecoin
I think we're going to either going to continue following the new uptrend drawn out in blue and if it's broken I'm putting my buys at $175 down to $130
Here are my target if support holds
$250
$280
Ultimately this trade is going to depend on how BTC is feeling.
Good luck fellas
LITE-ing the way - LTCSee the light in LTC (LitePay launch in 6 days)
Here are my thoughts on [ LTC/BTC and where it will go in the next few month. I think this is just beginning to find its support around the .02 range and will dance around there for a while. It looks to me like we are forming an Ascending triangle in which often resolves to the upside with the rising trend-line eventually overcoming the overhead resistance. I believe that LiteCoin will continue to progress upward, break the resistance of this ascending triangle and find new support at the top of this triangle. However, we need to watch very closely in the next few days to see if this support can hold, and also what BTC will do as if it begins to fall it could pull LTC/BTC with it. I am a big believer in LiteCoin but I am only basing this off what I see in the charts and I will be monitoring this closely to see this support hold.
Also, LitePay is still confirmed to be released on the 26th next week! This will be a game-changer. "LitePay users will be able to convert litecoins to dollars and vice versa through the Visa-compatible LitePay cards, which can be used at all cash points or business that support Visa payments. The LitePay Visa card can be used wherever Visa cards are accepted and takes the money directly from your Litecoin wallet. LitePay will charge a flat 1% fee per transaction, compared to standard credit card fees which are around 3% and the BitPay transaction fee of $5 dollars per transaction."
Happy Trading :)
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
*Please leave a comment and let me know what you think!
LTC on decisive point + LitePay on 26th of FebruaryBITFINEX:LTCUSD is doing pretty well recently and considering the fact that on 26th of February there will be official launch of LitePay, I think if it cross 230, it would be really good timing to buy, we could take profits at 255-260.
Let's enjoy and see what will happen !
Lite coin breaking out up above 1hr chart bull pennantAs I anticipated we broke upward out of the 1hr charts bull pennant...I redrew the bottom trendline to touch the low red wick when it appeared we may have broken below the triangle and sure enough this appears to be the valid trend line. I say go long on litecoin it and bitcoin are very few moving unilaterally on this meteoric rise...them and omisego.
LTC/USD: Breakout potential for 20–36% profit short term!!!Check out that sexy consolidation wedge formation. This naughty bull flag give us a potential to breakout of 20% profit from today's values to 265 USD (Fibonacci retrace resistance) and the bull flag target for full breakout potential of 36% profit from today's values up to 300 USD. There's always a possibility that the breakout will not consolidate higher, and thats why you need to watch the charts to be sure the trade is a good idea.
Also, Litepay this month baby!!!!
Thanks for looking, and if you're confused just HODL !!!
I like Litecoin and I can not lie
You other traders can't deny
That when coin comes in with an itty bitty fee
And fast transactions in your face
You get sprung...
Personal disclaimer:
Don't take any of my published ideas as reality. Always make educated decisions before doing anything with your investments. Use my charts for educational purposes only. Trade at your own risk.
