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Litecoinusdt

LTC/USDT (1D)LTC found a support on the middle of the channel and on the previous low. Closest seller will be in 86-87 area and then the main and the strongest seller will be in 96-100 range. If its gonna manage to break the main resistance, which is 100. Then the pattern double bottom is gonna be complete + the price will escape the main falling channel and higher targets are gonna be open for us. Zones of interest and targets are on the chart. Good luck everyone! DISCLAIMER: This is just my opinion and view of the market. Please keep this in mind and consider in your trades. Hit "Like" if you like my analysis. That would help me to understand if you really liked it :-) ! Trading ideas are not trading recommendations - this is just my point of view. You can agree or disagree with it. Your likes and comments really help me. So I thank everyone in advance who really does it! Subscribe if you would like to get my fresh updates on the market and my TA on the regular basis. Good luck everyone!
Long
by SonicTrade
The fall of halving LTCDespite bullish fundamentals LTC/USDT keep on falling together with BTC. I assume it already overpriced itself during previous bullrun and now act as any other altcoin. But its not. It is Litecoin, the one and only among ones and onlys others old bastards pretending to be the fundament of crypto world. So when it will bounce? While BTC falls, it won't but if the King slow down, which should happen soon, we may expect it to bounce from support zones 87.5 (the one that hold the price now), 84 and 80. Going lower seems impossible for that coin.
by WiseAnalyze
3
Probable 14% Litecoin ScalpYesterday Litecoin broke its upward channel and tested support at 98 (blue line) which was also a 0.618 retracement level. From here the 1H chart is showing bullish divergence. A simple strategy to use with divergence is to play the trend line breaks of BOTH the price action trend and the RSI with confirmation from MACD. My target would be a back test of the upward channel's bottom trendline at $117.60, if we break above we may be able to resume our upward channel. Here's why I think this move is a strong possibility: -Price action trendline broken -Bullish Divergence on RSI -Trendline break of RSI -MACD confirmation -This bounce happened at support and the 0.618 Fib level Set stop loss slightly below the lowest wick of the last swing low. Please feel free to share your ideas or comment!
POLONIEX:LTCUSDLong
by Johnny_wa
2
LTC long exit strategyBeen riding this entry since $34, the halving pump has meant it could be traded bullishly all the way, i was expecting one final parabolic move to $170-$200 but we cant be too greedy considering the amazing gains its given all the bulls. LTC has formed an evening star pattern on the daily which is a strong reversal pattern, granted it might just reverse $10-$20 then continue with parabolic moves up, but my current exit strategy is im anticipating a bounce at $121 levels where we made decent resistance previously, im hoping to sell this bounce as soon as it starts to show signs of a dead cat bounce eg when it bounces from $121 if it starts to stall at $128 that will be my sell signal and the end of a very good long bull run for me. im also putting a hard SL just below $121 in case there is no bounce and we just have violent drop. Good luck traders.
BITFINEX:LTCUSDShort
by kayb100
3
This is what I mean when I say Litecoin OutperformsHere we have Litecoin in black against a bevy of other cryptos including Bitcoin, EOS, Monero, and Ethereum. As can be seen, it wasn't doing great compared to its peers before the September and November 2018 setbacks, but since then has outperformed all o its peers. Keep in mind though, these cryptos, nearly all relatively liquid cryptos really, are cointegrated. Don't confuse this with correlation. Correlation can tell us that when one asset or variable moves in one direction and another moves in that same direction, that the two are positively correlated with one another and if they move in opposite directions that they are negatively correlated. But these cryptos are doing that arn't they? Yes they are, but they are also deviating from one another more and more as time goes on. This is cointegration and it can tell us which is not if they are moving in the same direction, but that the degree to which the variables (cryptos, currencies, or other assets) are sensitive to the same average price over a period of time. So what on earth is the relevance of this you may ask. The point is that something, we don't really know what, is impacting all of these currencies at the same time as they are all positively correlated against the US dollar and they are also cointegrating meaning. What is that hidden variable? It could just be Bitcoin as it has been arguably the 'market leader' as the main crypto most known and traded. Just take a look at this link and scroll down to the crypto correlation chart of 2018: cryptocurrencyhub.io Every crypto pair was highly positively correlated with one another in 2018, almost all of which were between 90 and 100 percent. That is actually quite unheard of in financial markets where an entire asset class is related to one another. Surely we can find correlations and cointegrations in other places in the market such as bond yields. In the US or Germany or Brazil, the 1 year, 2 year, 5 year, and 10 year bonds are all positively correlated with one another another and cointegrated with one another as well. Except, the difference is that it only holds for a single country. Sure, maybe a few countries are more closely related to one another than others, but not the entire market. So what are the takeaways then? First, a 'diversified portfolio' of cryptos is not diversified at all. All it will do is let you know which ones are the winners and which ones are the losers which we already know from the chart starting right at you above. Then what do you want to do? Look if you're an investor, like a real investor not a crypto bro, then yeah sure maybe have a high performing crypto in your portfolio. That crypto in 2019 is Litecoin. Period end of sentence. Yes maybe this could change, but right now its Litecoin. Nothing else to say beyond this. If this changes, I will be the first one to scream it from the mountain top, but really nothing can be said to convince me that a portfolio with fifteen cryptos is any smarter than one with just the good ones. Please please please tell me if there is another crypto out there performing much better than Litecoin and I would be more than happy to give it a look, change my worldview, and incorporate it into my analysis. I challenge you to do so. Good luck trading out there. Also if you are enjoying my honest analysis the way I see it, please take a look at my other content at 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
LTCUSD - 1D Chart AnalysisAfter 21 consecutive days, period in which the price of Litecoin has moved in a range between the minimum of 29.82$ and the maximum of 34.67$, has finally found the strength to cross the 20 days MA and to stabilize above it. In the last 3 days, since the Bullish trend has started on a 1D chart, the price has been increased with 6.37% based on promising trading volumes. On the other hand, the technical indicators are showing a small contradiction for now, as it follows : * The RSI is at the level of 53, showing a "neutral" position already for a while, meaning that there is no aggressive movement that we can expect, at least for the short term; * The Stochastic's crossovers, which were registered on the 27th of January and on the 1st of February, indicated the changes in the price direction each time and now we are about to see a new one coming soon; * The MACD which has crossed the Signal on the 1st of February and announced the beginning of the bullish trend, is still indicating that the price increase is not over yet. At this stage, it seems that if the trading volumes will remain at least constant, there is a big probability to see the price having a small "correction", followed by another increase towards the level of 36.93$
BITFINEX:LTCUSD
by ReadBTC
Litecoin(LTC/USD)-SetupFundamental prospects surrounding the Litecoin Foundation remain bullish and supportive of the price surge.It has moved 100+% since december month from $22 price level.It has dethrone BitcoinCash(BCH/USD) from 5th position when it comes to market cap. Bullish Case: Litecoin has moved 50+% since 1st of this month and a possible pull back is likely to the preliminary support level around $39 price. This level needs to hold for further bullish momentum to break the preliminary resistance level and test the major resistance around $60+ price.Breaking this zone would be strongly bullish for the pair. Also, it has penetrated through ichimoku cloud and 200D-SMA , which is bullish for the pair and might act as mini support levels in the coming days. Bearish Case: If the preliminary support around $37 price level doesn't hold then it could early signs of bears control.Breaking down the major support level around $30 price would confirm the bearish sentiments.
COINBASE:LTCUSDLong
by coinswitch-trading
LTCUSD - 1D Chart AnalysisAlthough in the last month the price of Litecoin has increased with almost 39% and it managed to recover from the losses registered in November, it seems that the odds have been favorable only temporary. After 25 days in which the price has been traded above the 20 days Moving Average, the latter has been crossed meaning that a Bearish trend is about to begin. The first day of this new trend can be considered the 11th of January, day in which we can identify 2 reasons to believe that the market will drop: * The MACD has crossed the Signal, indicating the price decrease; * The first candlestick which was fully created after the price has crossed the 20 days MA is red and it can be considered as a confirmation of the trend change. On the other hand, the RSI is "neutral" and even if the Stochastic is getting close to the region of 20, it's "fast" line is still below the "slow" one and there is no change in the price direction which is shown at this stage. Considering also the trading volumes which are quite low, it is possible to see the price of Litecoin starting to move sideways for a couple of days, period which will be followed by another drop. In these circumstances, the target prices which can be considered for the next couple of days are 29.18$ and 25.67$ in extension.
BITFINEX:LTCUSD
by ReadBTC
LTC(Litecoin) Head and Shoulders and Elliot Wave AnalysisHello guys, LTC started down trending since around 8th November 2018 and ended wave (5) around 25th November 2018. The zigzag formation helped the Head and Shoulders to play out and now seems like it is back testing the neckline of it. Zigzag correction wave to be valid: 1. B wave needs to retrace between 0.618~0.886 of X to A. 2. C to retrace to 1.272~1.618 of B of A. The B wave retraced to around 0.618 and C wave retraced exactly between 1.272~1.618 (it landed around 1.414) Other things to consider: 1. It broke out from the head and shoulders pattern and the estimated target price is roughly around 49.0~50.0 USDT. There is also a strong resistance from previous prices. 2. I personally bought at the right shoulder of the pattern and sold all with trailing stop loss around (C). I was very happy with the profit. I am planning to buy around the neckline with a tight stop loss 1.5~2.5%
Long
by parkhyunsung