LTC bounce from somewhere between $82 and $71Hi everyone,
LTC has corrected further, while BTC is up ~10% over the same period. No huge mystery to my (quite wide) range of $82 to $71 - I am just straddling the 1:1 extension of the wave B correction. Remember the lower it goes the better - LTC seems (through the consensus of the market) to have wide appeal and recognised value. So the cheaper it gets - the better of a deal it is for buyers.
Buy the dip :) not because that waste of space McAffee said it - because I said it. BTW McAffee I am still waiting for BTCP to reach $200 (McAffee's May 2018 prediction for July 2018 - current price for BTCP $0.3427). Just remember, if you doubt anyone's credibility in the 'crypto-space' - you are probably right and are just one step closer to doing your own research.
Protect those funds. Before you believe anything I say, assess my record, judge my own credibility, and add your own research. I am not an expert, or have even been around that long in crypto but called the Dec 2018 market low, called the recent swing low to within a dollar or two. Called the S&P500 bear break to within 0.2%, The end of the 2018 gold bear-break to within $6. Anymore calls like this and I shouldn't have followers, I should have worshippers :).
Ltclong
Litcoin - HALVING 2019!Hey, we have great news for you!
After 17 days "Litecoin Block Reward Halving" will take place.
In the medium term, we expect a strong price increase in the direction of 0.035.
A trade ratio of 26 to 1.
You have a great opportunity to take a chance!
Follow us and join us!
Thanks for repost!
LTC / BTC - Analise do movimento em D1De acordo com as projeções de Elliot, finalizamos a onda 2 de correção do movimento do semanal, apresentadas no tempo gráfico de Diário para uma visualização melhor.
Faltando 18 dias para o Halving do LTC, estamos prestes a iniciar uma onda 3 no período semanal, podendo alcançar uma valorização de quase 300%, acredito que com Halving acontecendo, essa projeção pode ser ainda maior, visto que a recompensa por bloco minerado cairá pela metade, causando uma inflação nos preços do ativo.
Estou aguardando a confirmação em tempos menores para poder fazer uma entrada de forma segura, com um SL confortável, afim de aproveitar todo esse movimento de subida que pode ocorrer.
Irei publicar novas analises em tempos gráficos menores para que seja feita a confirmação do movimento, e também a região de entrada e SL.
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!
LTCBTC completed the gartley | Upto 78 percent profit expectedBy the grace of Allah the most high my previous idea of LTCBTC:
Generated more than 32 percent profit.
Now the price action has completed a bullish gartley pattern.
We can see the price action is also in a wedge and it has hit the wedge's support.
The volume profit is showing a very weak interest of traders at this area.
We have also a 50MA support on week chart withing the potential reversal zone which will be very helpful for price action to hit the sell targets soon insha Allah.
The targets are:
Buy between: 0.011490 to 0.009465
Sell between: 0.013084 to 0.016912
Regards,
Atif Akbar (moon333)
LTC/BTC Safe trade, Halving pumpamentalsNOTE: This trade is for people who don't understand or want to take on the risk on leverage, margin and futures trading. Perhaps you want to more Litecoin. Either way from technical analysis, I have found a good entry.
Exchange : Binance | Altcoin Trading
Trading Pair : LTC/BTC
Position : Long
Leverage : N/A
Approx Risking: 7.4%
Approx Reward: 62.7%
Risk/Reward: 8.4
STOP LOSS: 100% @ 0.010963
Approx Entry AVG: 0.012180
Entry 1: 1x @ 0.014388
Entry 2: 2x @ 0.013306
Entry 3: 6x @ 0.012186
Entry 4: 18x @ 0.011301
Approx Exit AVG: 0.033829
Exit 1: 25% @ 0.0016156
Exit 2: 25% @ 0.017877
Exit 3: 25% @ 0.020358
Exit 4: 25% @ 0.022639
Reasons to enter (Prioritized from most to less important):
1. LTC Halving = less supply + same if not more demand which equals pump
2. Triangle
3. Ascending triangle
4. Staggering on support levels.
5. Stop loss beneath previous HL candle and support
LTC/BTC Prj, P01E02. Nice pullback, go back inPrevious post
As you know, LTC has been one of the outstanding performers of 2019.
And as such, we must keep an eye out on it, due to the halving many believe has created the bullish trend + other factors as well, eg. BTC trend.
On the charts, LTC is looking good again, against USD\T and against BTC.
As per the chart, its hit a good level on the pullback.
One might be conservative and wait for another green candle on the 4 HRLY and pass a key resistance.
One should also track BTC, for now, its consolidating and we might have another day or two for LTC to shine (due to BTC dominance)
I will update the observations as time develops.
$LTC is a Sure Thing. FREE MONEY! +150% to ATH, New ATH?LTC halvening by August 8th is very something. People learn that this halvening will drive price crazy. That's why. Lazy desc. You'll know how to make money here!
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RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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$LTC on the way to ATHATH ~ 0.019
Resistance ~ 0.015 - 0.016
Support ~ 0.013
A week ago I already gave the buy signal on $LTC, so right now everything is going alright. If you opened your trade at 0.013 then you must be happy with +17% potential profits.
What next?
Hold. The next target is 0.019 and higher, Litecoin mining rewards will decrease from 25 to 12.5 coins in August.
LTC/BTC (Litecoin) Hodl Till Halving..!!LTC/BTC (Litecoin) (Weekly)
Technicals..!!
Holding Weekly Support
Above Weekly 20EMA
RVI-RSI Both Bullish
It'll Boom Soon Due To Halving In August.
It's Also Following BTCUSD
Both Resistances Mentioned In Chart
Strong Resistance Is Our Final Target Until Mid July
46% Profit Expectations So Buy & Hold Some
Inrtroduction ...!!
Litecoin (LTC) is one of the oldest cryptocurrencies in existence after Bitcoin, having launched in October 2011. It was developed by Charlie Lee, who remains involved with the coin to this day. Litecoin is a codebase fork of Bitcoin which means it doesn't share any history or connection to the Bitcoin genesis block. As a fork, it has many similar characteristics to Bitcoin, but has opted for shorter block generations times of around 2.5 minutes. This allows transactions to be added to the blockchain sooner. Because of the decreased block generation time, it quadrupled its base supply to 84 million to compensate for the inflation rate. Currently, Litecoin has lower transaction fees than Bitcoin and can be used as a digital currency on the web to pay for goods and services and to play at crypto casinos. The value of Litecoin has grown significantly, and the currency’s market cap now exceeds $4 billion. Part of Litecoin’s surge in popularity in 2017 has been attributed to the currency being able to adopt and test a number of new features before Bitcoin, such as Segregated Witness and the Lightning Network, technology which allows the network to process more transactions.
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