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Litcoin

Bitcoin, Litecoin and VeChain Falling Through SupportBitcoin, Litecoin and VeChain are all breaking through their short term support levels today. Bitcoin looks headed down to the 9,500 level and with the 4 hour Squeeze indicator turning dark green, price looks very bearish. Litecoin is just about at it's next support level at $87. The squeeze indicator has also turned dark green so some selloff is expected at this point. If support at $87 holds, and price can stabalize, another move up would be expected, probably towards the end of the week. VeChain has been fairly stable against Bitcoin but week against the dollar. Against the USD (tether) yesterday's shooting star could not get above the 21 EMA and price looks like it's going to drop down to supprt at the .0054 cent range.
BINANCE:LTCUSDShort
by GoldBands
LTC; What might happen next ?Welcome, this is my view on Litecoin at its current market state. We broke our strong 5 month trend line. But the bounce on the 30 of April proves to be a strong support level as well as being the .618 fib level. (swing low to swing high up trend) Looking at this golden level to be some solid consolidation. Right now, if LTC can hold the .5 fib level as support, we might be nice for the short term.... If we can break the .382 AND hold as support we might be very looking nice :) Also i would like to add that a few indicators point out that LTC is oversold and on a possible turn around on the daily chart. The RSI is oversold and hasn't been this low since the start of the bullish trend, the stochastic RSI crossed bullishly getting ready for a momentum move up. Also we found support on the 200 day moving average! Let's hope it will continue as support, and as Bitcoin falls, more money is likely to move into alts. Just my two satoshis !
COINBASE:LTCUSD
by KYLEKILLJOY
LTCUSD 1H ATR STRATEGYStep #1: Make Sure Your Chart Setup Configuration Looks the Same as our Price Chart Step #2: Wait for ATR Indicator to break above 20-EMA Step #3: Check the Price Chart to Ensure the ATR Breakout is followed by a Price Breakout Step #4: Enter Short Once we break Below the Low of the Breakout Candle Step #5: Your Take Profit Target should be Equal to the ATR indicator value Step #5: You determine your own TP strategy Step #6: Place the Stop Loss above the Breakout Candle High Note** The above was an example of a SELL trade. Use the same rules – but with the only difference that you need a bullish breakout candle – for a BUY trade.
COINBASE:LTCUSDShort
by Tradingstrategyguides
4
Litecoin shows its True ColoursLTC has been consolidating for over two weeks, and on the 27th of June, one candlestick shined the light on LTC. You can see from the chart that once we broke down through $115, the buyers came steaming in to grab their bargain. I highlighted the potential of this area in my last post, where I clearly stated that $115 would be the halfway point to the real all-time high. The buyers did not disappoint, which means we now know where our support price is. The question is, what is next for LTC? From my point of view, we need to see a break of $140 with another strong bullish candle. Could we drop below $130? = high possibility due to consolidation in BTC Conclusion: If BTC does not hold its price, then we will see the ripple effect in the LTC market. If the price drops below $130, It would be a fantastic opportunity to buy. At this point, we need to see another strong bullish move through $140, which would line LTC up to smash through $150. You can now join the private IONIC Capital telegram group, where I am building an open community to talk about investing and capital preservation. IONIC Capital Telegram Plus, check out the blog, remember to like this post and follow me on Tradingview. LITTLE BIG MOVEMENT LATEST BLOG "Patience is the key to any market" - Nathaniel. Thank you for your love and support. Regards Nathaniel - "The value Trader" Little Big Movement / IONIC Capital
COINBASE:LTCUSD
by Little_Big_Movement
1
Are bots cashing out crypto currencies now? SELL NOWI'm watching all day what is happening on Coinbase Pro today and it looks to me like a huge sell off of coins. Checked other currencies too and looks very similar to me. Bots pumping up the price to the top then selling coins then pumping back a bit and again selling coins. Coinbase pro looks today like a computer simulator now, there is no real trade in my opinion, just draining the cash. I recorded a video to show you the process youtu be /CpvYWjyRqYw What do you think ?
by devonuk
2
Litecoin - Burnt out & needs more fuel - Buy or Sell ?Let me make this clear. There are no bulls in the Litecoin market because they are not stupid and this is the second time I have made this statement In my last post, I made it clear it was a great time to buy Litecoin. Little did I know that we would rocket past $130. Now! Before we start talking about going to the moon, we need to realise that there is no fuel left in the tank. The price will need to test the $130 to ensure that buyers are comfortable holding Litecoin's value above $130. No one should be trying to place shorts against this cryptocurrency and with the price above the Bi-Weekly and Monthly VWAP (Blue and Yellow lines) we should all be looking for small pullbacks to buy again. You can now join the private IONIC Capital telegram group, where I am building an open community to talk about investing and capital preservation. IONIC Capital Telegram Plus, check out the blog, remember to like this post and follow me on Tradingview. LITTLE BIG MOVEMENT LATEST BLOG Conclusion: Wait for the price to drop below $132 before buying more Litecoin. As the halving is only 54 days away (AOW), you can not go wrong with being bullish with Litecoin and these strong technicals. Remember soon than later the price of Litecoin's halving will be factored in before the event. Stop loss should be positioned below $112. "Patience is the key to any market" - Nathaniel. Thank you for your love and support. Regards Nathaniel - "The value Trader" Little Big Movement / IONIC Capital
COINBASE:LTCUSD
by Little_Big_Movement
LTC – Halving is coming – 300% gain possible – 7 weeksHi Guys! We are sure many of you already have heard about halving of LTC this year. It will happen on the 5th of August 2019 . The last time we were weeks before halving the significant rally appeared. It happened in 2015 at the beginning of May. In that time we were just a couple of weeks from halving. Those who invested could gain 470% within just 8 weeks . This can happen this year or we can even surpass this result. So don’t wait too long. Look at the daily and 1H chart . Once there is a dip simply buy and hodl for couple more weeks. Moreover, every time we have a breakout from the negative trend on the weekly chart we can count on rally gaining from 200% to even 500 %. Furthermore, when we look at Weis Waves we can see supply is evaporating . All we need is more demand. Be ready for it. It will burst very soon. This is a super opportunity to earn really good money . Take a look at the chart. Don’t hesitate too much. Don’t panic . Some corrections on the way up are possible. Thank you for reading and your time. Tell us what you think in the comment section. Are you also bullish? Hit a like to support. Massive Hugs! WBM Team
Long
by WBM_Team
6
LTCUSD $Bitstamp C&H #longLTC has a perfect C&H and obeyed 38.2% retrace (61.8% fibo on chart because it's extension fibo), without dropping low to 50% fibo and so invalidating the pattern. The handle was drawn with a channel tool and it's perfect one too, maybe need a leg down to find E from ABCDE, but can't drop to 50% fibo (again, that would invalidate pattern, but not ruin the potential uptrend). Targets are drawn on chart with fibs and arrows, the last one (200% fibo) is long term (which in the scenario we stand could really be mid-term) and algo fibo is 178% which should see a temporary sell off depending of the strength of uptrend. All in all this pattern is traded once we have confirmation (breaking top of cup and testing it), but there's a good potential here and RSI bullish hidden divergence.
BITSTAMP:LTCUSDLong
by Jnsane
1