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Litecoinforecast

Has the LTC Rocket run out of fuel?Hey all, its Nathaniel - "THe BiPolar TraDer" If you have not realised by now, I am back again with another market analysis on LTC/USD. If you have no idea where I have popped up from that is ok, check out my blog which will give you a little insight into my trading journey. LITTLE BIG MOVEMENT LATEST BLOG POST Now let's get down to the good stuff. LTC/USD - Hopefully you read my last market analysis on LTC/USD because this is just a brief update on how the market has moved in the last 2-3days. In that post, I explicitly stated not to put your moon boots on just yet, because I did not believe it was the right time. The price needed to move back down to the average price, after launching into an overvalued area (not overbought). Something you may have noticed Is that I use the VWAP calculation (indicator) to define this for me. It was clear we had extended to far away from the average price and that we needed to come back to this area. Looking at the chart, you can see that the price moved back into the value area, which I started to look out for in my previous market analysis ( $93.00 - $83.00 ). The same day the price closed within the value area, and buyers have been trying to jump on the bandwagon push the price up to the top of this value area. If you are looking to buy LTC, then my advice is to buy below the VWAP $84 .00 and hold for a long term investment at this point. If you look at the price of LTC in the last three months, it has moved over 100%, which could stipulate that there is still a more significant move waiting to happen (the rocket is refuelling) To make my life easier I have built a custom pine script indicator, which gives me an indication of where the value price is based on the criteria I used for my market analysis. I have not backtested this indicator, plus I would want to improve the indicator by defining a range. Watch this space :-), but I think it is publicly available already, so be my guess and use or enhance the indicator. Just let me know if you make any improvements as it could help me as well. Next update will be in the coming week - Thank you for your love and support. Regards Nathaniel - "THe BiPolar TraDer" Little Big Movement COINBASE:LTCUSD
COINBASE:LTCUSD
by Little_Big_Movement
#LTCUSD Is it time to get excited?Our technical analysis on LITECOIN/US will focus on the 2 indicators we added to the above chart. Stochastic-This indicator knows how to find such trends by a mathematical formula invented by George Lane (briefly on the indicator) as you can see we are currently in the 80 range that's a range of being overbought Ichimoku- this is an indicator for finds trends and not in order to find corrections that the market can make. According to the above indicator, On the daily chart, we are on a rising trend as the price of the LITECOIN is above the clouds and is accompanied by a rising green cloud. On the weekly and monthly charts,The trend is still declining and the Litcoin will have to continue the rises consistently to change this trend as well. In conclusion The trend formed on the daily LTCUSD chart is an upward trend but we have reached overbought signals and therefore we recommend a sell signal Sell LIRECOIN: Entry price:86.68 Take Profit: 65 Stop Loss:100
COINBASE:LTCUSDShort
by xosignals
WOW! is LTC going to MOON? " No one knows the future" - Nathaniel "THe BiPolar TraDer" As this is my first published price analysis, I would like to introduce myself. I am not going to sit here and pretend I am a self-proclaimed trader. Everyone has there ideas on the market, and I wanted to use TradingView as a platform to home my skills and one day be managing a hedge fund. If you would like to follow my story as it unfolds you can find out more about the "BIPOLAR TRADER" at my blog below. I am not a forecaster, so don't ask me where price is going. What I define in my analysis is price points where I believe could be turning points or value within a specific market. thelittlebigmovement.com Let get started with the Analysis. Don't get the moon boots out just yet. These huge moves move in the last two day within the cryptocurrency market has not come as a surprise to me. Looking at any cryptocurrency since the start of the year we have been in a solid uptrend. Don't listen to the crypto-sheep as the "smart money" has been buying up cryptocurrency. For the reversal traders, it is time to go and hide for a little while. There needs to be a pullback to the area between $93.00 - $83.00 which means the trend traders will be looking to jump back on the bull train. As of writing the LTC price hit $100 (21:16 BST) and is falling back down to the $93.00 price. The VWAP at this point is playing catchup but is slowly rising into the middle of the area I have outlined above. This Bear market might be over but make sure you keep up to date with these extreme prices. What goes up must come down Next update will be this weekend - Thank you for the love and support Regards Nathaniel - "THe BiPolar TraDer" Little Big Movement
COINBASE:LTCUSD
by Little_Big_Movement
Target reached, LTC should retraceA few days ago I talked about how good April is going to be for Litecoin. My target was of around $82 and we have reached $84 already, way before I expected. Bitcoin has made a huge green candle up to 5100 in major exchanges and is facing now what it could be the beginning of another big and last impulsive wave down. I´ll talk later about how I see the market in the long term and when and where I´m expecting this to end, but for now it not finished. We could see another small pump today? Yes, so if you like this idea and want to trade it but you are not sure yet, then wait until tomorrow´s new daily to see where it have stopped and then take your trade. Once again thanks for watching and hope to see you in my Telegram group soon. Previous analysis
BITFINEX:LTCUSD
by Coinamic
Crazy April for Litecoin?A few days ago I published an idea talking about the LTC retracement taking place, the days are passing and the price is going further in my direction. The retest of the channel is inevitable if the price wants to continue inside of it, so I consider this correction a very healthy movement. But could really LTC go towards $80? Absolutely, in my opinion April could be mad, a mini bull rally like the ones of those days back in 2017. The thing is that it wont last much and if finally it happens will be a huge bull trap for many. The upward channel is intact, the sentiment on LTC is quite strong at the moment, in my EW count, there is one more wave 5 left and I think that Bitcoin will sideways for a while now, the perfect ingredients for a super pump but let´s see, unless someone lend me a crystal ball I´ll have to keep monitoring the markets, and so far this scenario needs to be probed first with a good support around $52-$55. As always I´ll keep updating you, thanks for watching.
BITFINEX:LTCUSD
by Coinamic
2
Short-term short, Medium-term longI'll be honest. The only reason I am writing about Litecoin is because I find it to be the least unattractive crypto on the market. First the view from 30,000 feet up and then lets get grounded in technical jargon. Equity markets are dying for some incentivization for uptrend and if main US indices go under cryptos will probably not be a nice place to be for several reasons. First, its one of the most speculative asset classes out there beyond junk bonds. 10,000 feet down, price action is extremely volatile making by definition the risk of these assets to be extremely high. The beta is not your friend on this one. And if we want to look at the technicals, oscillators at the daily level are telling us it may be a time to sell.That's not to say that we will see a huge correction down to previous lows, but oftentimes pullbacks are healthy components of normally functioning price action and assets. I must say though that this particular chart reveals some scary looking candlesticks, in particular the huge long-tailed Doji that came up a few days ago if you look at the hourly or four hour chart (I forgot which to be honest, but its there so take a look). This signals massive indecision in price action. In sum, and I've said this before, I like Litecoin compared to other cryptos as it has been recently the best performer of all the majors. But again, I am not going to open a margin account and pour everything into here. That would be, well, a truly confident move in a market which saw a massive price movement to the downside to put it nicely. At any rate, good luck trading this as the shorter-term direction moves could be more lucrative for you. If you like my analysis here, please feel free to take a look at other assets such as currencies and equity markets here www.anthonylaurence.wordpress.com
BITFINEX:LTCUSD
by WhiskeyTangoFoxtrot3
Short Term Pullback, but Could Still Trend UpWant to start this out by saying I have incredibly skeptical of cryptos. That said, Litecoin is definitely the best performers of most of the majors on a percentage basis. So that said, I think price action could in the medium-term see a few more gains if this trend can continue. However, RSI and stochastic indicators are leaning towards a pullback flashing overbought signs. But small pullbacks are healthy and after that we could continue upwards. Let's see.
BITFINEX:LTCUSD
by WhiskeyTangoFoxtrot3
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.
Short
by EnZo
Short LTCUSD | aggressive entry | Good area to short?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 to break and close higher on greater time-frames. Thanks for reading
BITSTAMP:LTCUSDShort
by GettingAnotherMillion
4