Took me by surprise and can't believe I had already charted it. Didn't trade it cause of following up on Bitcoin, Ethereum and Monero.
Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.
Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.
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First targetNote
New target. This looks better:0.0099
Note
Might not be a target, just a pivot line. This could bring it down. Let's pay close attention to it.
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Sorry wrong link:Trade active
Short now, buy a bit lowerTrade active
Going down... good boy...Trade active
Another possible leg up!Trade active
Possible bull flag confirmation!Note
By the way, I'm sorry for not having followed up the previous updates. I fell asleep after updating BTC, ETH and XMR for the whole night.Trade active
Elliott Waves + Bull flag formation in an uptrend seems like bullish signs to me.Trade active
We're approaching the Pivot point. I think we're going up, but this could also break down, don't get too confident.Trade active
Place your bets. Red or Green hammer? I say green.Trade active
Pivot did not activate.Let's see what happens with this triangle now:
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Triangle broke up and it hit two resistance lines. I think we're going to bounce at the tip of the triangle/FIB line!Note
It went up a bit further and went down by the pivot line!Trade active
It has hit the resistance again. If the resistance doesn't break, we're going higher.Note
Previous resistance line is actually a support line now.Trade active
LTC is getting ready to hit some support.Note
This is actually a better view:Trade active
Seems like the support line is actually working!Trade active
Rectangle bottoms. We're going up again.Trade active
We're about to Pivot again!Trade active
We're now inside the pivot. Green or red?I say red.
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Pivot was down but it didn't to have had much effect. This is good.Possible targets in the next couple of hours:
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We broke up. And hit new resistance. I just sold some and waiting to buy back lower.Trade active
It was a perfect short.We just hit the resistance again. I'm waiting to buy just a bit lower.
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Seems like a trend reversal to me. It should break up very soon.Trade active
It went down but pivot lines are working very well:Trade active
We went lower than I expected. Although it seems we're about to come back!Trade active
We did not come back as expected in the previous update. The reason is not related to Technical Analysis, but to fundamentals.Bitcoin news came from Japan. They are ready to legalise it tomorrow:
coindesk.com/japan-bitcoin-law-effect-tomorrow/
This brought the price of LTC down to the lower Gann Fan level. Although it seems we're coming back up again...
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It's coming back up and LTCUSDT gives us another perspective.Breakout of the pendant and about to get a second green pivot:
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Will this pivot break the resistance?Trade active
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LTC signals SEGWIT!PIVOT was also GREEN!
LTCUSDT going to the moon!
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LTC just hit some resistance and some support:Trade active
Looks like LTC is going to keep going up.Zooming out...
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This could be a bullish pennant.Trade active
The pennant seems more and more like this:Trade active
The bigger pictureNote
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This pennant seems more likely now.Trade active
This might be my final setup until breakout:Trade active
If you are not long with LTC yet, I'd recommend to long between 0.0057 and 0.0058. It also seems like the TP for this next stage of the rally will be at 0.0088.Note
If LTC were a Hollywood actor, it would be this guy.youtube.com/watch?v=PBXVYM4zlDg
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We went down similarly to what I described.This is my setup to buy back in:
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Added more curvesTrade active
We're going up now. It's consolidating so I just went long again.LTCUSDT also seems to be preparing for a run-up.
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We're going up!Just as expected.
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LTCUSDTTrade active
Stairway to heavenTrade active
We're about to shoot up!Trade active
This is a better curve. We're about to launch to the moon.Trade active
Zooming in before breakout.Trade active
LTCUSDT moving just as predicted in my previous update.Trade active
LTC LTC has found good support at the Gann fan. This is a good entry point:Trade active
Just hit some support. Still on track.Trade active
LTCBTC broke out of the bull flag and it's ready to visit ATH.We just finished the first stop. I'm going short at 0.008 and ready to buy back lower, to keep going higher.
USDT setup shows a good selling point would be $9.50.
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Closing up, after leaving the flag behind, there is still need for more correction before visiting new highs.Closing up on LTCUSDT
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Yes, it's playing out pretty well.Trade active
LTC is looking very bearish to me in the 15m chart. I'd short it.Trade active
next pumps: xrp, bts, strnext dumps: eth, ltc
Note
Coming back from the dump, we can see LTC testing resistance.Trade active
Not trading it at the moment.Note
Looking at the chart again, I think it's possible we'll see a 0.01 by the end of the day.Trade active
Thinking about going LONG again at 0.0072.Trade active
LTC could be testing new highs today.Trade active
Seems to me it's going down now. Looks pretty bearish.Trade active
Yellow flag upper resistance seems ready to bounce it back up. Dip buyers, pay attention!Trade active
Still on track. 0.000066 for a nice dip buy.Trade active
I meant 0.0066.Trade active
I am sorry for not updating in the last few hours. I had internet problems the whole day and just could get back to the chart.What I see now is a possible retracement. We have previous red pivots located at three previous FIB Time Zone lines. This could be a good opportunity to short and buy lower. I think we're going to keep going up later though!
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To be more concise, we're still going up anyways, I just think this is a small stop/retracement to keep going up later in the week.Note
Watch out for when the green candle touches the red pivot... there might be blood.Note
It has lost momentum. I think the Pivot will really take it down:IF it goes down, buy back at 0.009.
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If the trend keeps going up, I expect to reach highs up to 0.0142.Trade active
Moment of truth. This is become more and more red. I'd advise to short it!Trade active
Here is a close up of the Pivot Point:I think going LONG is the right thing to do at 0.009!
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Rising wedge formation after a negative pivot. I think LTC is ready for more doom!Trade active
Possible Head & Shoulders to continue downtrend.Trade active
Head & Shoulders failed. Now we have a bullish pennant. I think we're going up now.Trade active
It's about to break up!Trade active
It went down but quickly recovered. Fractals show a possible positive continuation of the trend.Trade active
The previous resistance is now a very strong support. Also, we just bounced back the Gann fan support. Two supports seems to me like we're going up!Trade active
Litecoin seems to be ready to break the Fan level and go to new highs, around 0.014. Let's see how it goes!Trade active
Litecoin, with the rest of the alt-coins, is finally ready to take off. This is the setup:Note
TP: 0.014.Trade active
Seems like a good support. TP still 0.014.Trade active
Testing support again.Trade active
Support confirmed, it seems...Trade active
Pivot point worked!We're going up it seems.
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LTC about to break up?Bigger picture
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Broke up!First target at 0.018.
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LTC could be ready for a new low to continue bullish tendency afterwardsTrade active
BitPivot.Trade active
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Pivot seems to have worked.Trade active
LTC / USDTTrade active
Pivot worked!Trade active
LTC will probably retrace to the lower fan level or to the lower support level at the bottom of the channel.Trade active
BitPivot seems decided to bring LTC down.Trade active
I think BitPivot has taken a decision.Trade active
It could also be consolidating to go up.... let's see what happens.Trade active
Went up and then had a small correction. Seems like a good opportunity to go long before BitPivot takes LTC to test the upper resistance level.Trade active
LTC is about to get hit by BitPivot to reach new highs.Trade active
BitPivot attacked last night. Now, fractal logic suggests it's time to go LONG.Trade active
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Still weak and we're inside a descending channel. We will break it up, but we might touch the bottom at the next FIB level.Trade active
Still bullish. Look at this beautiful pennant in the 4h chart.Trade active
I will continue updating this idea in the new chart:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.