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Litecoinusd

Hold 37-33 Dollar area or down for a double bottom?Ltc has had a nice bounce of the 0.5 Fib level of the entire structure.. but then got rejected by the 0.65 Fib level of the impulse that started in December of last year. The support looks strong around the 37-33 dollar range, holding above the 0.5 Fib, the 1:1 extension of the first big impulse in 2017, the 0.786 Fib of the latest big impulse and the 1.65 fib channel of the pitchfork. If we don't hold we will probably test for a double bottom around 23 dollar.
COINBASE:LTCUSD
by Fomonacci
LITECOIN BUY SETUP UPDATELITECOIN move up nicely since my last post about. I hpe you enjoy my analysis. Please support the idea by Like, and Follow :) Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. _________________________________________________________________________________________________________________________________________ Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support!
BITSTAMP:LTCUSD
by AIRFOREXONE
2
LTCUSD DowntrendLitecoin is still stuck in a major downtrend, so, there are currently no good bullish entries unless you are going REALLY long, I understand the price is very cheap. Promising signs of a bullish reversal include MACD rising, and price hitting a nice short term support level of ~40. Price is currently in such an awkward spot it is difficult to short or buy. Advanced traders with a lot of capital may capitulate on this uncertainty that the middle of the trend provides. ~0.78 regression downtrend.
BITFINEX:LTCUSDLong
by Bixley
LTC - Divergence Suggests Possible Bounce Litecoin has been holding above the $44 USD mark over the past few weeks and appears to be displaying a possible bullish divergence in both the RSI and MACD, this suggests that a bounce at least near-term may be in order. This theory is also supported by the fact that litecoin has edged out of the descending channel it has been bound to recently (dotted white lines). That being said the price action, moving averages and most every other indicator is saying that litecoin's trend is decidedly bearish, so whilst these divergences in momentum suggest that the downtrend may be weakening, unless a bounce with strong volume can occur, the outlook is still bearish. Any bounce would most likely try to find it's way to the $50 USD to mid $50's range, but unless it is accompanied by strong relative volume, it may very well be a bull trap within a broader downtrend, on the way to $35 USD.
KRAKEN:LTCUSD
by Profit_Link