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LTCH19

$LTC short idea: neckline support flipping resistanceHigh time frame first - 3D is getting smacked back down from the consolidation that lead to the last leg of the sell off in 2018. Looks ready to close as a swing high (retrace looks likely). Low time frame on Bitmex - clear support level/neckline is our entry, there is an OB above that which should offer a bit more resistance before our stop loss is hit. That same OB was responsible for sending price down below resistance. Targeting current local low.
LShort
by CryptoIQ
3
Litecoin Is Leading This Wave, Correct?We've seen several times that Litecoin (LTCBTC / LTCH19) has been leading this latest cryptocurrency wave. If that is the case, then we can expect a small breakout on the major altcoins to the upside, including the King Bitcoin. Let's take a look at why is that: Litecoin's price bounced after hitting EMA50. It didn't hover around this price it simply bounced and followed up to break a fib resistance and EMA10. We are looking at the 4H time frame and a volume breakout can be seen on BitMEX (left chart). Now, this candle just opened, so there is plenty of room left for volume to keep growing, just as it can move down. The RSI is looking pretty good and the MACD is starting to form a strong curve. So Litecoin (LTCBTC) broke up first. If past action is any indication of future action, then we can expect BTCUSD / XBT, ETHUSD, ADABTC / ADAH19 and BCHABCBTC / BCHH19 to break up as well pretty soon. If Litecoin (LTCBTC / LTCH19) moves down and closes below EMA10 on this same 4H candlestick, then this analysis is completed invalidated. Hit LIKE to show your support. Many people have noticed Litecoin moving first. This happens often when one of the major alts take the lead, I was seeing this same thing happen a few months back with ETHUSD. So based on this little piece of information, there is a good chance that the other altcoins will break up as well. In fact, I have several open trades for these with different signals that are pointing to the same. In case anything goes wrong, we activate our stop loss. Here are the trades (Enjoy it): XRPH19: BCHH19: XBT: ADABTC: Thanks a lot for reading. Namaste.
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by MasterAnanda
1
LTCH19 Short Trade PlanCommodity : LITECOIN Trade Type : SHORT Trading Against : BITCOIN Entries : Double-UP Entries between the two given buy zones Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 48 hours to 1 week Investment in trade : 5% of the total Trading Balance. Leverage : 3x Prospective Profit : 13.5% to 52.3% (with Leverage) Prospective Loss : 14.91% (with leverage) RRR : SL to TP1 is 2.25, SL to TP2 is 2.95 , SL to TP3 is 3.4 , SL to TP4 is 4.00 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
LShort
by CryptoTherapist
Litecoin To Challenge Resistance (Can It Go Up?)Litecoin (LTCH19) is moving to challenge its overhead resistance sitting at 0.00978. If this resistance can be broken with strength, expect additional bullish action from Litecoin (LTCBTC). Conditions for change: If Litecoin (LTCH19) to break and close above 0.00978, you can expect a retrace to ensue and EMA10 to be tested next as support at which point a new analysis is needed. Note: This is a short term analysis and is intended to give you an advanced warning of an upcoming move. You believe will move up from here? Share your opinion in the comments section below or post if you have any questions or charts to share. Hit LIKE if you enjoyed this information. Namaste.
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by MasterAnanda
14
LTCH19 Short Trade PlanCommodity : LITECOIN Trade Type : SHORT Trading Against : BITCOIN Entries : Double-UP Entries between the two given buy zones Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-3 weeks Investment in trade : 20% of the total Trading Balance. Leverage : 3x Prospective Profit : 11.4% to 39.6% (with Leverage) Prospective Loss : 7.5% (with leverage) RRR : SL to TP1 is 1.46, SL to TP2 is 2.15 , SL to TP3 is 3.27 , SL to TP4 is 4.77 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
LShort
by CryptoTherapist
Clear & Simple LTC Short (BITMEX) [Get 35.94% ROE Easily]Hello Everyone! Litecoin has been trending up for a while, looks like it is oversold. Lets short it. Trade: Short LTCHZ19 Current Price: 0.00960 Buy In: 0.00958-00961 Time Frame: 4 Hour Leverage: 15x Take Profits: 1. 953 2. 946 3. 942 4. 937 Stop Loss: 0.001003 Estimated Liquidation: 0.01009 Profit Potential: 35.94% ROE Capital Allocation: <7% Reasons for this trade: MFI Trending down, Volume Trending Down, RSI trending down. If you make money in this trade, feel free to leave a like or comment.
LShort
by shaggad
4
Litecoin (LTCBTC) Is Taking The LeadLitecoin is moving ahead with strength and already trading above resistance. It recently broke above EMA10, while EMA100 worked as support on the retrace. The MACD is bullish and showing a signal of additional bullish action to come. While the RSI indicates that Litecoin can continue moving up. LTCBTC main target for further strength is a strong break and close above 0.009488. LTCBTC main support will remain at EMA50 (around 0.00900). Above this price, it can remain bullish. Below EMA200 (yellow), it goes bearish. Namaste.
by MasterAnanda
LTCH19 Possibility of Double Top IncomingView Chart Post Feedback. LTC is bullish as of now but is heading its way into a double top. 4 months away from Halving, I do not suspect this to be a factor into price increase as of now. I believe around the early part to middle of February we will see a dramatic drop in the Market, as shown here with wave lines about the estimated time of sell off Feb 9-15. With this theory in play, alts and Bitcoin will surely find bottom before we can begin a true reversal in the market. Overall Bearish.
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by unknownuser1
Litecoin Getting Ready For A Strong Move! (100% Possible?)I am looking at the Litecoin (LTCBTC) chart on the daily time frame and there seems to be something brewing up. This signal can fail, but it looks like a strong move is on its way... If resistance can break. - The black line on the chart is MA200. Notice how this line is coming down and now below LTCBTC's price. - Recent break above EMA10 and trading above EMA50, which is a strong resistance. - We have a bullish RSI and the MACD is also n the bullish zone, something most altcoins are laking. - This can be a good profit move, so keep an eye on this. - If enough support is given to this trade idea, I will post a LTCBTC (All exchanges -Binance, Bittrex, Coinbase, BitFinex, Kraken, etc.) trade as well as a highly profitable LTCH19 (BitMEX) trade with leverage. Thanks a lot for reading. Namaste.
by MasterAnanda
25
Litecoin Retrace Complete? (Looking For Support)I am looking at Litecoin (LTCBTC) and the retrace from the last bullish wave might be completed. After reaching a peak on the 6th January, Litecoin (LTCBTC) has been on a full retrace. On the way down, it has been breaking support after support until the price starting to flatten out. Here are the different signals that are pointing to "support found" for LTC: LTCBTC has retraced all the way to .786 of the Fib. retracement tool, which is an important support level. EMA200, EMA300 and MA200 all were able to sustain the drop so far. After these moving averages lines and fib. levels were tested, we have a slight increase in green volume. I can also see a break above EMA10 with a full green candle, which is bullish. There is bullish divergence spotted on the MACD and RSI. This is a good set up for a trade. What's your take on Litecoin's next move? Do you believe it will go up or continue consolidating sideways? Or you believe Litecoin will go down? Please let me know in the comments section below. Namaste.
Long
by MasterAnanda
2