Conclusion for today’s Litecoin analysis: Higher price is expected with support anticipated between ~$45 and $42. Litecoin price analysis for today is examined on a logarithmic scale using the 6 hour timeframe. Primary focus is on price action starting from the December 14, 2019 low of ~$23.05 to current date. The long term bearish trendline in Litecoin was...
Hi guys. Just got this (hopefully) nice short entry, for myself and friends I manage for. I know what I'm doing, it's not just randomly chosen. Most would probably not have the guts posting a trade like this. I'm not perfect though and there is a considerable chance that it could go wrong. If my thoughts are correct, it should go down right from here, and fail...
Hello guys ! Litecoin is following a rounded bottom pattern for 2 times in 15 Minute chart and it made the first target now heading to made the 2nd target. This opportunity do not comes always, You can read the chart and do short term trade with 2X to 3X leverage for small profits. Thank You-
Conclusion for today’s Litecoin analysis: A break above Litecoin’s long term bearish trendline provides further evidence of a trend change and bullish bias. A logarithmic scale is used on the 6 hour timeframe chart for today’s Litecoin analysis with coverage of over 8 months of market action. Of great importance is the major bearish trendline in Litecoin that is...
Conclusion 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...
Litecoin pumped over 400% during the first halving in the middle of a bear market. This is an updated version of a previous chart with a risk/reward ratio of around 3 to 1. I expect the pump to be less than the first simply because there are more coins above litecoin right now than there was in the last bear market.
Another box. As a thank you I accept likes, so we put away the other "TOP" ideas
Conclusion for Today’s Litecoin Technical Analysis: A break below ~27.34 implies continuation of the current bearish trend in Litecoin. A logarithmic scale is used on the Daily timeframe for today’s Litecoin Analysis, and price action from December 12, 2017 to current date is examined. The chart pattern used to highlight the trend in Litecoin from December 12,...
Conclusion for today’s Litecoin Analysis: Price closing above $41.19 is the most conservative way to initiate a long (buy) trade. Litecoin closing below $27.49 reduces the chance of continuation of the current bullish price swing. Litecoin Analysis is carried out on a 4 hour timeframe with price action from November 24, 2018 to January 6, 2019 indicating the...
BLUE ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market
The 1 hour time frame of the EURSGD is shown in this analysis from October 8, 2018 to current date. A bearish trendline is used to highlight the current trend on the 1 hour timeframe, with resistance line (overhead supply) indicated by the red line. Support is currently between 1.55396 and 1.55103. A break below support, especially the 1.55103 price level would...
Litecoin is showing Multiple sell signal see the indication below ----
Firstly, comment if Im wrong or something is wrong! 1. Tried to break resistance, not enough momentum. RSI was high (overbought) and momentum wasnt enough. Dropped again to support. It helds easily and started 2 2. Strong bullish move. Broke resistance but didnt hold this time. But still lots momentum and price didnt drop much. Second peak(continue still) tests...
LTC has been moving inside the Descending triangle pattern since long and finally fell downwards. The first good resistance lies in the $112-$118 zone.(10% up or down maybe). Getting back to the current situation. The price is around $95. If the price falls back further to the upper level of the next possible support($85-70) and rebounds from there to the...
The 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...
LTC 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...
Hi guys and traders my advice: if u ar goin to invest on LTC please wait now. i'm warning u to pay attention on RSI and Price. so. buy LTC 5 - 3 days later Good luck :)