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Ltc_btc

LTCBTC completed the gartley | Upto 78 percent profit expectedBy the grace of Allah the most high my previous idea of LTCBTC: Generated more than 32 percent profit. Now the price action has completed a bullish gartley pattern. We can see the price action is also in a wedge and it has hit the wedge's support. The volume profit is showing a very weak interest of traders at this area. We have also a 50MA support on week chart withing the potential reversal zone which will be very helpful for price action to hit the sell targets soon insha Allah. The targets are: Buy between: 0.011490 to 0.009465 Sell between: 0.013084 to 0.016912 Regards, Atif Akbar (moon333)
Long
by moon333
1
Swing Trading LTC/BTC - Whoops I did it again!If you follow me you know I'm long on LTC. Attempting a small swing trade today, I made a mistake and traded LTC/BTC a bit too early around ranging from .00882 - .00886 ! I saw some bearish divergence but , alas LTC caught an extra push and I missed out. But no worries! We hit the top of the RSI on several LTC/BTC charts today so I'm confident it will come back down. For safety purposes I placed my LTC buy order at .00883, which will put me ahead a negligible amount but I honestly think it will be easy to swoop around .00881 or lower ... It's so hard to predict price action , but the RSI is more telling. At 50 we could go either direction. This will be largely dictated by what the market decides to do as a whole. Also note the loss of RSI strength on the latest move up. Right now LTC/BTC is selling just over .009 so good opportunity to make some swing trades when that RSI inevitably dips. Personally I will be accumulating LTC for a long position. I am not a professional investor or financial advisor, trade with caution!!
Long
by peakindicator
11
$LTC #Litecoin - BIG MOVE AHEAD - fasten your seatbeltHello Lads and Ladies, Today we are taking a peek at LTCBTC and seeing how it is getting ready for a big move. Just a little to the history of LTCBTC. In December we saw a humungous push to 0.019750, from there on it was on a downtrend to 0.016000 and crashed within a few days to 0.013400. After the crash it just rocketed up almost 100% to 0.025000. From that level on it has been on a pretty steady downtrend. As LTCBTC is known for its violent crashes but also its even more violent pushes, can clearly see a strong downtrend resistance after the the very big rocketing in February to 0.025000. There was also a second downtrend resistance that has come to and experienced a push from the 23.6% fibs to the 38.2%, back to 23.6% and up to even the 50% fibs line. This last push has confirmed the second bigger scale downtrend resistance that LTCBTC has been respecting and is now hugging. Normally, we have a very strong support sitting at the 23.6% fibs line which is located at 0.016000. Since we should have been at an end of the big scale downtrend, we could have expected a big bounce to 38.2% and then to 50% again. Nevertheless, we had the whole market shaking very hard, what caused LTCBTC to crash almost to the same level like it did in the beginning of February and started a humungous push. Right now, the LTCBTC chart is still hugging the downtrend resistance. It seems like that it issuing to break it and leave it pretty soon, form where we can at least expect it to push up towards the 38.2% to 50% region. Moreover, should the whole market stay in a pretty positive vibe and experience a nice push, we might even see LTCBTC repeating its almost 100% push again. Normally I always show more bearish scenarios but in this case I am very sure because I have been trading LTCBTC for a long time and we haven't seen a really big push now for quite some time. The downtrend is ending and the push is immanent. I am not saying that it will happen in the next few days, but I am pretty sure about it within the next few weeks. Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Fell free to request TA for ANY coin you are interested in!!! Cheers, Tomas
Long
by KongTrading
1
I'm going down down baby, your street with LTC!!!Good Afternoon, and welcome to my next update on LTCBTC ! Litecoin has preformed exactly like I expected and if you saw my last post you will notice I tried to warn you when we reached the price of $230 that we were headed down. I would like to point out a few lines that I have drawn on the RSI and the ROC and compare that with what the MACD is doing as well. The first lines are from 2/8 - 2/13 and indicate that both the RSI and the ROC are producing higher highs while the MACD is converging nicely together all while staying above the signal line. This was right before the big jump on 2/14 and where we saw our most recent high. Recently we have seen the RSI and the ROC producing lower lows all while the MACD has fallen below the signal line. The ROC has started to turn which is good but we need to see it crossover the signal line (0), AND we need to see the MACD begin to turn as well. IF we can see the MACD turn even while the price is still dropping this could signal a bullish reversal however I will not be convinced until we see a crossover. Right now, from looking at the indicators LTCBTC is holding the first support at the moment which is good. IF you wanted to take the risk now would be a good time to buy to get the most reward, HOWEVER we could still go lower so setting a stop loss below this support would be wise. IF we break this support we could tumble quickly to the second support line I have drawn in the chart. The next several hours will be critical to see what happens.... Will LITECOIN hold the support we are at and bounce up ... or will we go down down?? I would like to point out LTC is still within my large ascending triangle which we could still touch the bottom of again. I do expect LTC to break out of this triangle eventually and set a new support at the top, this could be month(s) before this happens or until new news of LITEPAY (actually coming out happens, haha)! Any and all comments are welcome! 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!
by dustyPH
2
maybe just maybe a change in direction????In this bearish market, it always hard to find places Im willing to put money in. honestly, I think we will need to see a total market shift before we see LTC start heading back up for good. Until that happens if we can find spots to jump in and make small gains, take them. I truly believe we will jump back up to $200, but in this market noting is for certain. Be careful out there, and also have a stop loss in place in case the trade doesn't go your way. best of luck peace and love B-
BITFINEX:LTCUSD
by bkgordon549ca
LTCUSD Medium Term AnalysisLTCUSD looks to be in an ascending channel and can be seen by white trend lines. from this we can takeaway that it is still holding uptrend. Bottom trend line resistance has been tested over 6 times and is STRONG. Breakdown below this is a big red flag, I recommend setting stop loss a little under bottom channel trend line. It could potentially head to $40 hard support, which is currently the safest accumulation zone. Median price action is charted and can be seen by looking at yellow arrows. This helps us see relatively healthy price action and trend pattern. We can see a symmetrical triangle from bottom trend line and top red trend line. This is a very famous continuation pattern. On convergence of the triangle apex, symmetrical triangle will typically break out in the direction of the prior trend (up). Note: a break in the opposite direction of previous trend is a STRONG signal of formation of a new trend (e.g. downward movement). If you are trading symmetrical triangle, I recommend buying slightly after breakout for bullish confirmation. If you are in long term position, I recommend analyzing how this scenario can be used to ones benefit. For example, position could be sold slightly after symmetrical triangle goes down (if it decides to) and can be reentered at hard support / accumulation zone (low $40s) Others: - we notice small green volume spikes at resistance levels, showing bulls are attempting to keep price above a certain price, possibly by setting large buy orders at bottom of resistance (52-54 right now) - RSI shows oversold over 90% of the time LTC price is at bottom of channel (safe buy zone) - RSI shows overbought when LTC is at top of channel (sell zone / take profit zone) - MACD acts similar to RSI but seems less responsive in this scenario. What I’m doing: - accumulating medium bags at $40-45 - watching symmetric triangle closely. if breaks down, will sell position at small loss and re-enter at accumulation zone and hold. If breaks upward, will buy in at breakout confirmation. Donations: LTC: LQdNvC29EzF9LRkEpegQ7tab5svzaSdKCf BTC: 1HbAHkawHsP9shHY9Xb9htDqjSFogK5x4y ETH: 0x7F5CF2EA6b1d4C4A26d0943f5c35e6d55805cD5e
BITSTAMP:LTCUSD
by JCBCrypto
5
Litecoin Short Term Support Trendline After a labor day weekend sell off in crypto, litecoin appears to have formed a support trendline for its base and accumulation for it next run up. Volume is low but volatility remains high. This looks to be an opportunity to go long on litecoin. With lightning network going live, atomic swaps, excellent dev support, litecoins solid history, continued adoption for litecoin as a payment alternative to bitcoin and credit cards (having lower fees and faster transaction times) and more I believe litecoin is undervalued.
COINBASE:LTCUSDLong
by luckeyma
1