Litecoin LONG Today only Pullback 1 HR Chart#Litecoin #Bitcoin #Ethereum #ETHUSD
Hello to all watching my charts
Today we have a normal pullback maybe to the breakout level of the
inverse head and shoulder formation which has beeen stablished and formed
yesterday (Please watch my black line here)
But nothing to worry about at the moment
What is to mention is, the best for long positions
is my black line holds as maximum pullback level down.
If that level will not hold, last exit would be at my blue line level.
Trading below that is critical for long not even short
but than it will be the really really "pay attention time" for longs.
Good trades
If you want to support my work and my trades, please like them..
Renkotrade
Litecoinprediction
Litecoin LTCUSD LONG NOW 1 HR Chart 11.00 a.m. NYT#Litecoin #Bitcoin #Ethereum
Hello to all watching my charts
Impressive , what Litecoin is doing today.
Has build now a bullish SHS Formation (Shoulder/Head /Shoulder)
and is in a long way now.
Also has climbed above my long setup level from last post.
so has climbed above the major resistance BLACK LINE.
LONG NOW
Good trades
If you want to support my work and my charts please like them...
Renkotrade
LTC LITE COIN LOOKS LIKE GOOD BUYLite coin looks like a good buy here we are still low on the RSI on the 12H and the Daily we are having a little bit of consolidation people profit taking after the quick gain today after the 69% pullback. Support is at 76 if this support line fails than cut loses quickly.
Litecoin SHORT But Big Chance of Trendbrake has come in 1 HR #Litecoin #Bitcoin #Ethereum
Hello to all watching my charts
As update to my Chart from few hours ago
Litecoin is really the strongest among all cryptos at the moment.
There is only a small step to go, get over the bridge of 93.20/94.20 USD
Maybe it jumps really above theses resistance zone
and than we are in a long setup again.
Watch out !!
Good trades
If you want to support my work and my charts please like them..
Renkotrade
Litecoin LTHUSD SHORT All Supports Broken 1 HR Chart#Litecoin # Bitcoin #Ethereum #LTCUSD # BTCUSD
Hellot o all watching my charts.
Short is the game to play in all cryptos since some days.
I do hope you have followed ,my charts and have seen the sinals
yourself and are winning money.
Now one support after the other brakes , as i write that
next support have been broken.
Next Hold is 66 USD !!
Difficult to write that as the pair has traded as double
prices 1 week ago...
But only reality counts..
If you want to support my work and my charts please like the,
Good trades
Renkotrade
An important crossroads to #Litecoin #LTCUSDThe first sign of a change in trend appeared 3 weeks ago in the form of a star candle (warning against a change in trend)
The positive point in this situation is the support of the solid Fibonacci retracement currently in place for Litecoin at the above price - $ 93.5
Scenario A-Because Litecoin at this moment touches the support above the next wave of rallies is on the way.
Scenario B-The recent gains were, in fact, a sign of the currency's demise, and the currency will continue to crash.
LTC long ideaLTC long idea.
Buy 0.0076-0.0081 (daily 1D bullish OB)
T1: 0.0105 (1st 1D bearish OB)
T2: 0.0115 (2nd 1D bearish OB)
T3: 0.0142 (3rd 1D bearish OB)
Reasoning:
C wave in a larger WXY correction.
C wave is a zigzag 5-3-5 correction with an extended 1st wave correction.
1D bullish OB in the green box.
there is 1 below it at 0.0071 which may also be a target. but since the USD version of LTC looks bullish af, i don't think we'll hit thta.
Simple bullish divergence appearing on the RSI, slow and fast oscillators over 14 periods. medium strength signal.
Litecoin LTCUSD LONG in my very shortterm channel#Bitcoin #Ethereum #LTCUSD
Hello to all watching my charts
Nice situation here in Litecoin today
As showed yesterday we have made the move above 118.00
(you remember the arrow and my update ? )
and in the very very shortttime channel we re now in a long situalation
Now everthing depends on whether the support at 114.50
(lower black line) will hold or not.
IF ! it hold "stay long" or "go long" would be to shout
BUT be careful, the timechannel is extremly shorttimed
so the chance that it hold or not is even 50: 50
Will the low support fall, we will be back in short terratorium at once !.
Good trades
If you want to support my chart and my wokr, pleas like them
Renkotrade
LTCUSD SHORT Till MIN 112.20 or much worst#Renkotrade
Hello to all watching my charts,
In the fall of all crypto currencies there is one crypto which seems to me
one of the worst and so one of the best short trades.
So lets have a look at
Litecoin / USD = LTCUSD
The pair had had found af fine bottom at 112.20 and started an impresssive rally
from this point to nearly 134 which is 20% up !
Than we had seen unfortunately broke of one support after the other.
First 127.50
Second 127.00
Third 125.80
In additon the trendline long brake
(All these breaks to the low i have marked with black lines here)
If now if you will go long , for a trendchange we must see
minimum the 115.00 in 2 days
or thats the opposite scenario , if the last support at 112.00 will break
the pair will be traded much lower in my eyes.
So be carefull with long engagements here,
check the next days and we will have a decision here.
Good trades
If you want to support my woerk and my charts , please like them...
Renkotrade
But than in the fall of all cryptoswe have now a fall below 3 supports
(sown in black in my chart) and after that no botom is to see.
Litecoin can be Good idea to Invest in Long TermWhile the price is above the support 64.45, beginning of uptrend is expected.
We make sure when the resistance at 109.10 breaks.
If the support at 64.45 is broken, the short-term forecast -beginning of uptrend- will be invalid.
The RSI support at is broken, so the probability of beginning of uptrend is decreased.
While the RSI downtrend is not broken, bearish wave in price would continue.
Buy with price action and confirmation when price is in Buying Area.
Happy Trading.
Litecoin Price Target Reached $LTCMy litecoin price target has been reached and I'm closing it here. It could go higher to but as the old adage on Wall Street goes ""Bulls make money, bears make money, pigs get slaughtered".
For those that asked what my next target would've been, it's 0.019429 LTC/BTC and after that I'm predicting that it's going to be pretty gloomy for Litecoin for the following two months.
Would love to hear your thoughts. Thanks and happy trading!
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
Litecoin just about to break down the current trednlineLitecoin is not being able to break 61-62 level with conviction and is currently just on the edge of the trendline that gave support to this uptrend. If the price manage to breakdown the channel you will see a nice drop with huge volume involved.
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.
Heading Towards Major Sell SignalThe Litecoin LTCUSD pair is already flashing overcrowded with the 50 day moving average headed towards passing over the 200 day moving average.While most moving averages point to upward momentum, the dreaded "death cross" is a more longer-term pattern all traders should keep an eye out for.
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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.