LTCBTC special - BTCE fractals - Long term view - TA + FAEverything you need to know about Litecoin haha
Litecoinbitcoin
LTC nice run, time to short.Short term reversal incoming.
PA is lining up well with the indicators too (simple bearish divergence on 1D chart)
decreasing volume on this move up.
1 more bump up, into previous support now turned support.
I'm closing off my trade at T1, I barely trade but when I do, I go safe.
T1 - 0.128 or there abouts.
T2 - 0.115 or there abouts.
will be following this up with a trailing stop.
Ideal entry be around 0.154 - 0.16
My stop aat 0.168
R/R 3.37 at T1
PS, resize the indictaors to better see the graph.
Litecoin and Bitcoin Bulls to Push HIGHER!Hello, everyone.
Before reading any further, please be sure to leave a like and follow us on IG @ej_wlk. It'd mean a lot.
Now, let's get into this analysis. It appears as though the bearish trolls that have been swarming trading forums claiming crypto to crash have been put in their place. Yesterday was admittedly somewhat of a shock, but we must stick to our forecasts in weary times. If anything, this false crash yesterday provided an ideal opportunity to buy into XBT and LTC for cheap. Now that we've broken out, we're only strengthening potential for more bullish movement.
That being said, do not be surprised by minor pullbacks that are incredibly likely to occur. After such an intense breakout (13.74% today), I would expect a fallback to support at around $50-$51 tomorrow. Not to worry, however, the bears will once again be shut down, as we can expect Litecoin to move upwards to resistance at $55 within a week. Any price movements tomorrow will likely be minor and we must now wait for Litecoin to make its next surge upwards.
Keep in mind, Litecoin is an altcoin, meaning it follows price movement of Bitcoin almost identically. We reference Litecoin because no real conclusions can be made from Bitcoin's wild chart at the moment.
Prepare your alarms, watch for volume surges, and we are longing LTC and XBT until we reach our next resistance line.
Thanks for reading. Leave a like if you agree!
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A new trading opportunity to buy in LTCBTCTechnical analysis:
. Litecoin/Bitcoin is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (0.01000000 to 0.00845000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01000000)
Ending of entry zone (0.00845000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
New Take Profits:
TP1= @ 0.01135000
TP2= @ 0.01315000
TP3= @ 0.01430000
TP4= @ 0.01530000
TP5= @ 0.01730000
TP6= @ 0.02015000
TP7= @ 0.02380000
TP8= Free
We opened 10 BUY trade(s) @ 0.00829193 based on '2-Day Hammer' entry method at 12.28.2018.
Total Profit: 3360242
Closed trade(s): 2428404 Profit
Open trade(s): 931838 Profit
Closed Profit:
TP1 @ 0.00945400 touched at 01.06.2019 with 116207 Profit.
TP2 @ 0.00999300 touched at 01.06.2019 with 170107 Profit.
TP3 @ 0.01063810 touched at 02.08.2019 with 234617 Profit.
TP4 @ 0.01240100 touched at 02.09.2019 with 410907 Profit.
116207 + 170107 + 234617 + 410907 = 931838
Open Profit:
Profit for one trade is 0.01233927 (current price) - 0.00829193 (open price) = 404734
6 trade(s) still open, therefore total profit for open trade(s) is 404734 x 6 = 2428404
All SLs moved to Break-even point.
Previous Take Profit:
TP5= @ 0.01334200
TP6= @ 0.01533800
TP7= @ 0.01733900
TP8= @ 0.02019900
TP9= @ 0.02383000
TP10= Free
Litecoin Head & Shoulders Pattern on the daily I am seeing a head & shoulders pattern on the LTC daily chart. If the daily candle closes like this, that would be considered to be a shooting star which is a bearish candlestick pattern.
I am looking at 3 possible targets here - setting a 10% stop loss
target 1 : 0.01167
target 2: 0.01117
target 3: 0.00983
setting a 10% stop loss
If it looks like it will break through 0.01167 hard then i will not take profit there and instead take a bigger slice out @ 0.01117
Discord channel: t.co
Litecoin (LTC) | 65%+ Potential Profits | FREE TRADING SIGNALPair: LTC/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
Litecoin (LTC) is one of the oldest cryptocurrencies in existence after Bitcoin, having launched in October 2011. It was developed by Charlie Lee , who remains involved with the coin to this day. Litecoin is a codebase fork of Bitcoin which means it doesn't share any history or connection to the Bitcoin genesis block. As a fork, it has many similar characteristics to Bitcoin, but has opted for shorter block generations times of around 2.5 minutes.
Technical Analysis
- Broke Downtrend And Tested As Support
- New Market Structure (Uptrend)
- Buying On Retracement & Test Of 0.5 Fibonacci (S/R)
- Momentum Trade
Our Entry Zone
0.01000 - 0.01060
Our Targets
1: 0.01264
2: 0.01650+
Our Stop Loss: 0.00900
Don't forget to hit that like button and give us a follow , we really appreciate it!
Comment your thoughts below.
And most importantly, enjoy your day!
Crypto Eye Team
------------------------------------------
DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
LTC on FIRE!!!!!
Litecoin continues its moon mission
LTC was consolidating for a few weeks now without making lower lows, which was the first indication bullish action might be upon us
The bigger indicator was both CRUP signals that could have trigger longs both times, which would have resulted in a huge move
We are well above the EMAs, this has only happened once back at the start of the year
If we can remain above the EMAs, we are likely to see price continue to charge forward and upward towards the 200EMA
That is another 21% gain but a pullback might happen before we continue higher
LTC has been a leading indicator for BTC movement so far in 2019 and we can see that today
Thanks guys!
All in Litecoin come April - out come JuneChart is pretty self-explanatory. Appears the beginning of April may be the start of Litecoin making a big move on Bitcoin. I don't think it will be sustainable for the long-term so anticipate going back to Bitcoin come June.
Questions/comments let me know.
Thanks,
TG
LTCBTC Positive bullish breakthroughLitecoin is a peer-to-peer cryptocurrency similar to Bitcoin. Litecoin was created by Charles Lee, a former Google engineer, with the intent to improve a few of Bitcoin technical aspects, viewed as shortcomings by the developer like block times and hashing algorithm.
After a sharp decrease on 10th of January LTC performs good two past weeks. Its grow and decrease cycles become twice shorter each period. It took LTC 168 bars to drop and reach the local maximum again, then 84 bars. We forecast the next cycle will be 42 bars long which corresponds support uptrend line.
Conclusion:
Litecoin gains momentum and is good for long term investments now. In the short term it is better to wait 1-2 days till the price touches the support trend line in the end of 42 bars cycle.
We recommend to use our short term signal to buy LTC at the most favorable point and follow our strategy to maximize profit from targets, then after consolidation leave a small bag for long term hold
Litecoin joining BTCLTC already moved up together with BTC but I see another possible move for it which will bring it above current trading range. It may actually bring more than 6% if the market will keep bullish momentum, as current channel upper borders will be support so the price won't go lower. Good luck with you trades!
LTC 4hr Chart - Lots Of Opportunities!Lots of trading opportunities both long and short is how I see litecoin.
Cyan levels are from the weekly and green are from 4hr, and orange are targets.
Litecoin is currently squeezing long on the weekly -
If the white trend breaks i'm watching the levels to see where support is found. I would really like an entry at green box if it gets there.
Trade Safe!
There is a possibility for the beginning of an uptrend in LTCBTCTechnical analysis:
. Litcoin/Bitcoin 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 55 .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00803070 to 0.00732360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00803070)
Ending of entry zone (0.00732360)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00945400
TP2= @ 0.00999300
TP3= @ 0.01063810
TP4= @ 0.01240100
TP5= @ 0.01334200
TP6= @ 0.01533800
TP7= @ 0.01733900
TP8= @ 0.02019900
TP9= @ 0.02383000
TP10= Free
LTCUSD - PROFIT IN THE NEXT DAYSBuy Price: Green Zone
SL: Below Red Zone
Profit: Blue Zones
Invest Suggestion: 10 Percent
Profit Expectations: 50 Percent
All technicall indicators of LTC are turning good, soon the EMA 13 will cross the others EMA's ( The Privot Reversal Strategy is indicating this reversal tendency ans an entry on this level right now).
Besides, we have great news about LTC ( search them on google, i can't post links here )!
The key levels for this trade are the yellow circles, keep watching it, when LTC hit that zone, it can retrace!
See me previous analysis and how profitable the are!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.