LTC Litecoin: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Litecoin (LTCUSD).
Litecoin price looks like it may be headed back down from the current price. Keep an eye on my Support and Resistance Trend Lines. The Fibonacci Retracement shows price has possibility getting back to the 0.382 level. There is also Ichimoku Cloud resistance ahead.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Litecoinprice
LTC Litecoin: 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Litecoin (LTCUSD).
Litecoin price on a monthly chart show resistance ahead. Fibonacci Retracement levels shown along with 200 SMA and RSI.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
LTCN Grayscale Litecoin Trust: Another Pump Coming?Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Grayscale Litecoin Trust (LTCN).
It seems that based on historical trends, when the RSI is near the overbought region, the price pumps. Could that happen again?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: Prior Cycles ReviewHello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD).
The chart is self-explanatory. I am reviewing the current and two prior cycle moves and reviewing the Fibonacci Retracement tool at the 0.618 and 0.5 areas (dead cat bounce zones). Assuming history repeats itself, the price has a potential to get back over $200 before moving back down. This is on the weekly chart so have patience, and anything is possible as history does not need to repeat itself.
I have various LTC charts in the related ideas below. Check them out as well!
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: 4H UpdateHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Litecoin ( LTCUSD ).
Litecoin price is made a recent attempt to move upwards in a rising wedge however the price fell and has been trying to recover. It has very strong resistance ahead as noted by the various trend lines in the chart. There is also the Ichimoku Cloud around the 0.50 Fibonacci Retracement level. RSI, MACD and MFI are not looking bullish. Volume needs to come in to make the price move higher.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: 1D ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin ( LTCUSD ).
The chart is self-explanatory. Litecoin has multiple bullish factors that may give it a nice push upwards. The RSI and MFI were supported by a trend line, the MACD had a bullish cross, the Market Cipher indicator shows a green dot. The price is entering into the EMA ribbons and below the 50 and 200 SMA, and Ichimoku Cloud. Keep an eye on Volume as it hasn't moved yet. The price broke above the median line of the Bollinger Bands. All the way on top is the Support and Resistance Line which is also around the 200 SMA where the price may make an attempt to retest if it can keep moving higher.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: Where's The Bottom?Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Litecoin (LTC).
I reviewed the LTC price history and put together a possibility of where the price will bottom based on VPVR, RSI, Volume and Prior Cycle review. Keep a close eye on the Support Zone and two Support Trend Lines.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin (LTCUSD).
The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Litecoin.
Included in the chart: Trendline, Support and Resistance Lines, Ichimoku Cloud, VPVR ( Volume Profile Visible Range), EMA Ribbons, Volume , Descending Wedge, RSI, MFI (Money Flow Index), Trend Analysis.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
LTCUSD to see a slight downtrend(1D) | Upper band resistanceMarket in last 1 week
LTCUSD saw an uptrend with the price riding the upper Bollinger band and gap up in price completed
Price volatility was very high. The market moved ~37.85%, between $94.00 and $68.19
Today’s Trend analysis
LTCUSD expected to see a slight downtrend as the price is riding the upper band with Bollinger band moving upward and upper band resistance
Price at time of publishing: $86.77
LTC’s market cap: $5.722 Billion
Oscillator indicators are mostly neutral. RSI at 69 in the neutral region
Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities
Volume indicators observed an increase as the price increased with the volume above the 20-candle moving average
Price expected to see a slight downtrend as the price is riding the upper band with Bollinger band moving upward and upper band resistance. Most of the Oscillator indicators are neutral. MACD line moving above the Signal line, histogram size decreasing in the positive region, suggesting a bullish bias. RSI at 69, in the neutral region with a pullback from overbought. CCI at 93, in the neutral region with a pullback from the overbought region. Another interesting point to notice here is that the volume observed an increase as the price increased with the volume above the 20-candle moving average indicating a strong buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume.
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to see a slight uptrend(1D) | Price riding the upper bandMarket in last 1 week
LTCUSD saw an uptrend with the price riding the upper Bollinger band
Price volatility was very high. The market moved ~33.76%, between $77.18 and $57.70
Today’s Trend analysis
LTCUSD expected to see a slight uptrend as the price is riding the upper band with Bollinger band expansion
Price at time of publishing: $75.00
LTC’s market cap: $4.912 Billion
Oscillator indicators are mostly neutral. RSI at 69 in the neutral region
Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities
Volume indicators observed an increase as the price increased while saw a decline in volume as the price decreased
Price expected to see a slight uptrend as the price is riding the upper band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving above the Signal line, histogram size increasing in the positive region, suggesting a bullish bias. RSI at 69, in the neutral region with a pullback from overbought. CCI at 176, in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume observed an increase as the price increased while saw a decline in volume as the price decreased indicating a strong buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to see uptrend(1D) | Midline support strong buy pressureMarket in last 1 week
LTCUSD saw a decline after getting upper band rejection followed by consolidation
Price volatility was very high. The market moved ~8.81%, between $49.66 and $45.64
Today’s Trend analysis
LTCUSD expected to see an uptrend as the price after getting rejected from the upper band and riding the midline got midline support
Price at time of publishing: $49.31
LTC’s market cap: $3.24 Billion
Oscillator indicators are mostly neutral. RSI at 54 in the neutral region
Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities
Volume indicators saw a decrease with price decline while an increase in volume as the price increased, the total volume being below the 20-candle moving average
Price expected to see an uptrend as the price after getting rejected from the upper band and riding the midline got midline support. Most of the Oscillator indicators are neutral. MACD line approaching from above the Signal line, histogram size decreasing in the positive region. RSI at 54, in the neutral region above the midline. CCI at 65, in the neutral region with a slight upmove. Another interesting point to notice here is that the volume saw a decrease with price decline while an increase in volume as the price increased indicating a strengthened buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to see an uptrend(1D)! | Higher lows were observedMarket in last 1 week
LTCUSD saw an uptrend after getting support from lower band
Price volatility was very high. The market moved ~11.57%, between $4713 and $42.24
Today’s Trend analysis
LTCUSD expected to see an uptrend as the price was got support from lower band with higher lows being observed
Price at time of publishing: $46.01
LTC’s market cap: $3.02 Billion
Oscillator indicators are mostly neutral. RSI at 43 in the neutral region
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities
Volume indicators saw a decrease in recent candles except for a spike for each red and blue candle with the volume being less than 20-candle moving average
Price expected to see an uptrend as the price was got support from lower band with higher lows being observed. Most of the Oscillator indicators are neutral. MACD line crossed above the Signal line, histogram size increasing in the positive region. RSI at 43, in the neutral region below the midline. CCI at -32, in the neutral region with an upmove. Another interesting point to notice here is that the volume saw a decrease in recent candles except for a spike for each red and blue candle with the volume being less than 20-candle moving average indicating bearish volume weighted moving average.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTC to see an uptrend(1D) | Lower band support with BB squeezeMarket in last 1 week
LTCUSD saw a downtrend and started riding the lower Bollinger band
Price volatility was very high. The market moved ~19.16%, between $49.62 and $41.64
Today’s Trend analysis
LTCUSD expected to see an uptrend as the price was trading between midline getting support from the lower band and lower band with Bollinger band expansion
Price at time of publishing: $44.52
LTC’s market cap: $2.91 Billion
Oscillator indicators are mostly neutral. RSI at 36 in the neutral region
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities
Volume indicators saw an increase as the price decreased and saw a decrease as price saw an uptrend indicating a strengthened selling pressure
Price expected to see an uptrend as the price was trading between midline and the lower band getting support from the lower band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, the histogram in the negative region. RSI at 36, in the neutral region below the midline. CCI at -176, in the oversold region indicating an uptrend. Another interesting point to notice here is that the volume saw an increase as the price decreased and saw a decrease as price saw an uptrend indicating a strengthened selling pressure
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to see an uptrend(1D) | Bullish momentum observedMarket in last 1 week
LTCUSD saw a dwontend and started riding the lower Bollinger band
Price volatility was very high. The market moved ~16.15%, between $52.43 and $45.14
Today’s Trend analysis
LTCUSD expected to see an uptrend as the price was riding the lower band with getting support from lower band and Bollinger band expansion
Price at time of publishing: $48.6
LTC’s market cap: $3.17 Billion
Oscillator indicators are mostly neutral. RSI at 40 in the neutral region
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities
Volume indicators saw a decrease with low value for blue candles with a decrease in 20-candle moving average
Price expected to see an uptrend as the price was riding the lower band with getting support from lower band and Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line approaching from below the Signal line, histogram size decreasing in the negative region. RSI at 39, in the neutral region below the midline. CCI at -96, still in the neutral region with an upmove. Another interesting point to notice here is that the volume saw a decrease with low value for blue candles with a decrease in the 20-candle moving average indicating a shift from sellers to buyers.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to move sideways (1D) | Support from midlineMarket in last 1 week
-LTCUSD saw a downtrend and moved below the midline
-Price volatility was very high. The market moved ~12.78%, between $63.87 and $56.63
Today’s Trend analysis
-LTCUSD expected to move sideways as the price after getting rejected from upper band got support from midline
-Price at time of publishing: $58.6
-LTC’s market cap: $3.83 Billion
-Oscillator indicators are mostly neutral. RSI at 50 in the neutral region
-Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities
-Volume indicators saw a similar value of volume traded in the recent candles
Price expected to move sideways as the price after getting rejected from upper band got support from midline. Most of the Oscillator indicators are neutral. MACD line moving below the Signal line, histogram size increasing in the negative region. RSI at 50, in the neutral region around the midline. CCI at -30, still in the neutral region. Another interesting point to notice here is that the volume saw a similar value in the recent candles around 150k being below the 20-candle moving average which decreased from 293k to 259k.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to see a downtrend & uptrend after(1D) | High VolatilityMarket in last 1 week
-LTCUSD saw an uptrend after getting resistance from the Upper band
-Price volatility was very high. The market moved ~23.39%, between $69 and $55.92
Today’s Trend analysis
-LTCUSD expected to move downwards for a few candles and then see an uptrend thereafter
-Price at time of publishing: $62.62
-XRP’s market cap: $4.09 Billion
-Oscillator indicators are mostly neutral. RSI at 60 in the neutral region
-Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities
-Volume indicators saw an increase until the price reached a high and then decreased thereafter
Price expected to move downwards for a few candles and then see an uptrend thereafter. Most of the Oscillator indicators are neutral. Signal line approaching MACD from below, histogram size decreasing in the positive region. RSI at 60, in the neutral region from overbought region. CCI at -70, in the neutral region pulled back from overbought region. Another interesting point to notice here is that the 20-candle moving average decreased from 73.3k to 65.9k
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LITECOIN | It gets tight! Ready for a massive move?The technicals are telling me to go short, the fundamentals (LTC Halving) are telling me to go long. So... Pick your poison.
If you are conservative then you would want to wait and see where price is going. We have a strong rejection of the down-trending trendline and if this move continues, consider a short. But if the price breaks and closes above the red trendline then consider going long.
Profit targets are Weekly M1 for Short or Weekly M4 for Long.
LITECOIN (LTC/USD) - Technically Good Entry Areas!Around $73, criteria:
1. Strong historical support area (orange line)
2. Ascending channel projection
3. Fibonacci momentum retracement ratio 38%
Around $50, criteria:
1. Old strong price level worked as a support and as a resistance
2. The round number $50
3. Fibonacci golden ratio 62%
4. Trendline
Last time we managed to discover that technically a good bounce area pretty nicely, hopefully, we see some actions in those levels as well!
"Learning to accept the risk is a trading skill – the most important skill you can learn. When
you learn the trading skill of risk acceptance, the market will not be able to generate
information that you define or interpret as painful."
– Mark Douglas
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Cheers!
*This information is mostly used for educational purposes only!