Lite 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.
Veo una buena oportunidad de compra ()Litecoin esta en un buen uptrend Veo un buen soporte en 0.015719 () zona de confluencia con el Fib 61.80% + Trend line re-test ()possible continuation de trend al llegar esta zona de precio 0.015719 I don’t leverage trade this pairs, I trade my own coins. Disclaimer : this is not financial advise, do so at your own risk
Conclusion for today’s Litecoin technical analysis: Conservative entry into a long (buy) position(s) involves buying a breakout above $39.62 The 6 hour timeframe candlestick chart is presented in today’s Litecoin price analysis with coverage of market action over the past 5 months. Downward momentum was maintained up until price hit a low of $22.84 on December...
Things are not looking good for Charlie Lee's brainchild. Litecoin has dropped out of a bear flag with a downside target that could prove fatal to LTC hodlers. Buyers are struggling to push the price back above the lower channel but strong overhead resistance is not showing signs of withdrawal. Make no mistake that if price continues to stay below the channel,...
LTC USD (Litecoin) technical analysis for today is presented on a 1 hour time frame with coverage of price action from December 7, 2018 to current date. Litecoin consolidating for ~7 days between December 7, 2018 and December 14, 2018 resulted in the formation of a double bottom chart pattern (ideally bullish) that was confirmed on December 16, 2018. The bullish...
Hello to every crypto enthusiast here! Wanna talk about LTC today, one of our top crypto at the moment, but unfortunately not delighting the community today. Litecoin lost over 5% in the recent 24 hours. A strong sell-off on the cryptocurrency market dragged the 8th largest digital asset down, creating a short-term bearish trend. LTC/USD hit $37.12 on the...
Today’s Litecoin analysis is carried out on a 1 hour timeframe, with the bottoming price action from November 20, 2018 to date currently shaping up as an inverted head and shoulder (or head and shoulders bottom) pattern. Confirmation of the bottom reversal pattern will occur only after price closes above 37.021 which is used as the neckline of the chart pattern....
Litecoin chart is still primed at the current support level that has been hold for almost 2 years now. Not much to talk right now as another blue chips are more likely to experience the same. Just look at the Ethereum. With the support area around 0.00886 - 0.00771 is my first accumulation zone and then next entry will be in at 0.00634 - 0.00650. The current...
The price has found an excellent cushion level just above the 106.323 1W support since our last analysis. You see that the Fibonacci levels are working to perfection in determining the Lower High, which each time is located just above the 0.5000 extension (check the yellow horizontal rays). 1H is already picking up on pace (Highs/Lows = 0.2079, B/BP = 1.1320) as...
LTC is approaching a bottom (106.323) on the 1W chart (neutral RSI = 45.365, ADX = 30.517 over Highs/Lows = -18.2600, B/BP = -49.9840 and bullish MACD = 3.810). We use simple Fibonacci Retracement zones to identify the next Lower High on 1W. Since every retracement peaked between 0.5 and 0.618, then the next one should be near 148.427 (after making the bottom of...