LTC USD SHORT NEAR 65.50/68.50 TRGT 34.00 MID TERM TRADE SETUPShort Ltc usd near 65.50/68.5 sl above 71.00 for single target 34.00 Just trade with proper money management Thanks
Ltcanalysis
Litecoin (LTC) - Still need to waitwaiting to see what happens here, there is a cross up EMA 200 OR crosses down the MA 55 line.
Strong Resistance at Fib 61.80% and EMA 200
Strong Support at Fib 78.60% and MA 55
Don't miss the great buy opportunity in LTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 80.35
TP2= @ 131.60
TP3= @ 143.75
SL= Break below S2
Don't miss the great buy opportunity in LTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 80.35
TP2= @ 131.60
TP3= @ 143.75
SL= Break below S2
LTCUSD Price Moving With Bulls?Litecoin has had an enormous fall and cash is dropped from the estimation of $72.35. The cash even contacts the estimation of $73 yet didn't remain there for long. The following day on Tuesday the money encountered a gigantic drop in the worth and reach straightforwardly up to $67.43 and it is colossal. From Wednesday to Sunday the estimation of the Litecoin was running between the estimations of $50.00 to $58.00 and stay under the bearish weight.
Recently, on Monday the money open with the estimation of $54.31 and the end cost was $56.06. Recently, additionally the cash drifts between the specific scopes of qualities and the most noteworthy the money came to is $56.16. On the off chance that we analyze yesterday's and the present cost the estimation of Litecoin is encountering an expansion of 3.21%, which is extremely positive.
News Source : TheCoinRepublic
LTC LITE COIN LOOKS LIKE GOOD BUYLite coin looks like a good buy here we are still low on the RSI on the 12H and the Daily we are having a little bit of consolidation people profit taking after the quick gain today after the 69% pullback. Support is at 76 if this support line fails than cut loses quickly.
LTC/BTC BUYVeo una buena oportunidad de compra
()Litecoin esta en un buen uptrend
Veo un buen soporte en 0.015719
() zona de confluencia con el Fib 61.80% + Trend line re-test
()possible continuation de trend al llegar esta zona de precio 0.015719
I don’t leverage trade this pairs, I trade my own coins.
Disclaimer : this is not financial advise, do so at your own risk
LTC shortLTC looks like it may make its way lower to untested levels. Good area to short some holdings and accumulate lower imo. Not financial advice
Litecoin Analysis: Important Info. for Intraday Timeframe TraderConclusion for today’s Litecoin technical analysis: Conservative entry into a long (buy) position(s) involves buying a breakout above $39.62
The 6 hour timeframe candlestick chart is presented in today’s Litecoin price analysis with coverage of market action over the past 5 months.
Downward momentum was maintained up until price hit a low of $22.84 on December 7, 2018 followed by a bullish price swing that reached a price high of $39.62 on February 08, 2019.
Bearish trendline in Litecoin lasting just over 5 months is indicated on the chart and was successfully broken to the upside as part of the development of bullish momentum that climaxed on February 08, 2019.
The current bearish trendline is anticipated as support on further retracement of price, which implies the $38 price level indicating a possible change in polarity i.e. previous resistance acting as support.
Lower support level (i.e. between $30.32 and $28.48) is also indicated on the chart and expected to provide support should selling continue below the $38 level. Moreover, the current bullish trendline from the December 7, 2018 low in price is also drawn on the chart as region to watch out for price consolidation.
The most conservative approach to going long (buy) on a breakout above $39.62.
LITECOIN - DEATH LOOMS NEAR FOR LTCThings are not looking good for Charlie Lee's brainchild. Litecoin has dropped out of a bear flag with a downside target that could prove fatal to LTC hodlers. Buyers are struggling to push the price back above the lower channel but strong overhead resistance is not showing signs of withdrawal. Make no mistake that if price continues to stay below the channel, LTC faces an imminent threat to its existence - the possibility of a huge selloff that could wipe LTC off the crypto market for good!
LTCUSD Technical Analysis: Market Outlook for the Rest of 2018LTC USD (Litecoin) technical analysis for today is presented on a 1 hour time frame with coverage of price action from December 7, 2018 to current date. Litecoin consolidating for ~7 days between December 7, 2018 and December 14, 2018 resulted in the formation of a double bottom chart pattern (ideally bullish) that was confirmed on December 16, 2018.
The bullish swing after confirmation of the bottom pattern reached a high of ~$37.68 on December 24, 2018 followed by a retracement of the current uptrend. A bearish price channel (tentative) is used to track price movement after the December 24, 2018 top in price action, as well as horizontal support lines.
The upper level for the support region i.e. ~$28.45 is coincident with the channel line and therefore increases the chance of Litecoin finding support between ~$28.45 and $27.00 if there is further retracement in price action. In this case, confirmation by momentum at support would be crucial prior to considerations for any long (buy) positions.
More conservative strategies would only seek to buy on a breakout above the December 24,2018 high in Litecoin i.e. $37.68. Price closing below ~$27.00 could trigger further bearish momentum that could see the price of Litecoin close below $23.
Litecoin is going down...but FOR SURE NOT FOR LONGHello to every crypto enthusiast here!
Wanna talk about LTC today, one of our top crypto at the moment, but unfortunately not delighting the community today.
Litecoin lost over 5% in the recent 24 hours. A strong sell-off on the cryptocurrency market dragged the 8th largest digital asset down, creating a short-term bearish trend. LTC/USD hit $37.12 on the Christmass eve and shortly spiked above DMA50 for the first time since November 6. Litecoin's market value is registered at $1.79B and average daily trading volumes $463M.
However, The Litecoin Foundation has partnered with Ultimate Fighting Championship (UFC), one of the leading mixed martial arts organizations, in a deal to promote the cryptocurrency. I believe that the released news will attract more users to the LTC network and will effect in a good value.
Now, LTC is at the red zone but I am sure that overall attention around LTC network initiatives will slightly move it to the green zone.
Cannot expect the price raised during next 24 hours based on the latest trend and overall down of other altcoins. I believe the price range is going to be $26,8-27,5
Litecoin analysis: Bulls ready to make a move?Today’s Litecoin analysis is carried out on a 1 hour timeframe, with the bottoming price action from November 20, 2018 to date currently shaping up as an inverted head and shoulder (or head and shoulders bottom) pattern.
Confirmation of the bottom reversal pattern will occur only after price closes above 37.021 which is used as the neckline of the chart pattern.
Width of the pattern taken from the Head to the neckline is invaluable as the minimum vertical projection for price action upon confirmation.
Point of invalidation of the analysis (POI) is ~27.94 which would see price close below the Head of the inverted Head and shoulders pattern.
Is $LTC Still "Worth It"?Litecoin chart is still primed at the current support level that has been hold for almost 2 years now.
Not much to talk right now as another blue chips are more likely to experience the same. Just look at the Ethereum.
With the support area around 0.00886 - 0.00771 is my first accumulation zone and then next entry will be in at 0.00634 - 0.00650.
The current level leaving a room for 2.26x from ATH and -0.63 from ATL. Expecting those two level to hold as we're getting better towards the regulation and adoptions and ETF will soon coming. LTC looks worth to hold right now.
Found support, ready for the rebound to 148.427The price has found an excellent cushion level just above the 106.323 1W support since our last analysis. You see that the Fibonacci levels are working to perfection in determining the Lower High, which each time is located just above the 0.5000 extension (check the yellow horizontal rays). 1H is already picking up on pace (Highs/Lows = 0.2079, B/BP = 1.1320) as 4H is consolidating (neutral RSI = 50.613, STOCHRSI = 54.721, CCI = 14.3271, Highs/Lows = 0.000) having formed the support base. Our Tp remains 148.427.
Fibonacci levels for the next Lower HighLTC is approaching a bottom (106.323) on the 1W chart (neutral RSI = 45.365, ADX = 30.517 over Highs/Lows = -18.2600, B/BP = -49.9840 and bullish MACD = 3.810). We use simple Fibonacci Retracement zones to identify the next Lower High on 1W. Since every retracement peaked between 0.5 and 0.618, then the next one should be near 148.427 (after making the bottom of course) and this is our TP for mid June.
