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LTCEUR

Possible BreakoutBreakout at 40 a possibility if support broken, otherwise we will fall to lower support at 33. Doesn't look like litecoin will "moon" but there is good money to be made here. Next resistance is at 44Eur and 50Eur. Buy orders should be placed at 39.50 or more, with stop loss below 37. Take 25% profit at 44, setup new stop-loss below 43. Watch resistance. Set-up new stop loss at 48, cash out if below 48, otherwise next resistance looks to be around 80 euro. Buy/Sell must be confirmed by RSI Will update.
Long
by STalpur
1
Litecoin Entry LevelsIf you have to buy Litecoins for EURO, probably this trading idea will be interesting for you. The market moves upward in the borders of the ascending price channel. We had a good entry level based on a reversal signal in the support zone. This zone was formed by the trend line and 35.00 support level. It was our first opportunity to buy Litecoin. Now we have a new entry level but this time we should trade based on a breakout signal. If the market breaks 40.00 resistance level, we'll have an additional confirmation for further upward movement. Pending orders for buy should be placed at 40.10 level. Stop orders must be below the local swing low and it's 31.90 level. Profit target should be at 48.50 resistance level.
Long
by DLavrov
16
LTC possible long opportunityLTC is moving in a descending channel since a few days. If it is able to break this downward movement, we could face a buy opportunity. MACD is crossing over and RSI returning from oversold region. Volume on up movement looks fine. Also note that LTC has shown strength in the bearish market conditions we face last weeks. It is only advisable to take action when price breaks channel and is confirmed by other indicators. If resistance is too strong, we could go to lower 30's.
Long
by HerrVonBraun
LTC EUR small drop before a higher rise (Sunday-Monday)I think there is going to be another drop in short-term of BTC. Many new investors coming in BTC and after seeing a 400€ drop in a few minutes, are waiting for the bounce to get out. Also many analysist are talking that the bubble could pop anytime soon, and it is normal after the recent rises over 10% a day people will try to sell. LTC and most of altcoins drop when BTC falls. However, after this, I think LTC will grow a lot as it was trying to reach 35€ again before the yesterday fall, probably until 40€ or 45€, very close to XMR. Just my opinion :)
Long
by Playero55
LTCEUR: If you're already long, there is pending upsideTo join this move, if you were looking to buy now, it is a bit late. The daily chart gave a signal, but there is always risk that the miners decide to remove hashrate and that would decrease the Segwit signaling %. To activate it, the hashrate signaling it has to be 75%, it's now around 70%, which got people excited. There is no guarantee miners don't go and make this drop, since it's as easy as flicking a switch... If you're long and in profit, trail stops giving the market some margin of error. Don't buy now if you missed it. There are always new trades. Timing is key gentlemen. Cheers, Ivan Labrie.
Long
by IvanLabrie
15