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LTC - 6h. Buyers need to keep the range $158-168The protracted consolidation in the LTC market is coming to an end. Before the consolidation, 2 unpleasant events happened. Unfortunately, buyers were unable to keep the boundaries of the trend channel, in which the price moved from December 23. In addition to the trend line, buyers lost an important range $220-230 , from which the LTC price began a new wave of growth and renewed its high. On the positive side , however, buyers have managed to maintain control over the range of $158-168. This price zone saved the LTC market from February to April. It is this fact that gives buyers a great chance to continue the price rollback to $220-230. In the short term, this is our main target. Globally, the range of $220-230 may only be the first stop on a buyers journey. By holding the price zone of $158-168, buyers will secure themselves a medium-term price vector with a target of $280 . It is in this mark that the future fate of the LTC market will be decided. The main task of buyers at the moment is not to lose control of the market over the weekend. Well, let's see how they do it on Monday. _______________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
26
LTC, Litecoin - the first goal is...Preconditions for growth: - accumulation zone 172 - 186 - squeezing to the resistance line - false breakout on the resistance line - after that moving up (it means that for someone it's important to go up) The first goal is 210. With SL. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
3
Litecoin is warming up! LTC Litecoin super tight triangle consolidation at demand zone. Since anything can happen in this market (and I'm a bull at heart) but the trend is your friend and the key to trading is preparation, discipline, and having a system; this keeps me objective and helps me manage risk. Today price action didn't push lower but looks like a nice "inside day" is in the works. Interest in long on a BRB (Breakout Retest Bounce) move. Will keep updating as we go. Happy trading folks!
by Trade-Pal
LTC - The Bullrun Is Not Over Hi, this is my new update for LTC. LTC like other coins had a big pullback 4 days ago and it is down over 50%, but I think now it is good time to BUY, since if we look at the structure from 2017, we see that we are repeating exactly the same structure, also the pullback in 2017 was over 50% and we all know what happened after that. I think as long as the SMA200 holds we are good to go. Since Litecoin is one of the old coins and it has not reached all the way to 4.236 fibonacci level, then it tells us that there is still chances that lagging altcoins break ATH.
BITFINEX:LTCUSDLong
by GOAT1375
Don´t tell me I didn´t know. Hello Trenders, If you here right now scanning between thousands of chart analysis, this one may do it. Now even my grandmother knows that Litecoin will double its value in USD this year. What she doesn´t know is... the motherfu.kin Litecoin may skyrocket x10 from this new bottom and pay for my next vacation like it did every cycle. The double top was broken just enough to be ready for mooning. Volume is speculative like the masters of Litecoin. Trend looking good, time to buy some. This trade may take 7 months. For who wants to mine Pi minepi.com can use the invitation code (Tradingindicator). M.M.M (Make Motherf.ckin Money) Invest your money wisely, do not do it for the game, do it for the money.
Long
by DeFontain
2