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Ltcusdanalysis

Litecoin Price channel: 4hr tf analysisLitecoin has been meandering ever since it hit a high of ~$252.86 on Feb. 20, 2018. A price channel has been used in this analysis to capture price movement for Litecoin since the above mentioned date. The upper channel line was drawn to touch previous highs (at least two) and a parallel line was then drawn across price lows (also at least two since a valid trendline requires two points of contact). A breakout above the upper line of the channel could the see price of Litecoin reach a target of ~ $220.67. This is calculated by vertically projecting the width of the channel onto the break out point. I used $120.29 as the bottom of the channel and $170.48 as the top of the channel here. Therefore $170.48 - $120.29 = $50.19. Adding this to the too ($170.48) gives $220.67. Failure to close above the channel could see Litecoin return to the bottom of the channel at ~$120.29
BITFINEX:LTCUSD
by Coin_Analyst
LITECOIN before IMPULSE PHASE.Hello Traders! Glad to present Tengri's Traders prediction concerning Litecoin. Suppose, that long correction in wave "B" or "2", soon should be over. Present time, we see decline in form of correction to retest the prices 170 - 160 - 140. (invalidation 98.61) Then it will be a greate opportunity to participate in bullish rally! Powerful Traders decisively take a long position for 400$; "Short term target": 240 - 260$; "Middle term targets": 300 -320$; "Long term targets": 370 - 400$. (Teh main invalidation for all targets is 103.90) Subscribe to "Powerful Traders"! Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint. We trade in all financial markets, there are no boundaries or limitations. «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply thoroughly!) You're welcome!!! Best regards, the team Traders "Powerful Traders".
COINBASE:LTCUSDLong
by POWERFUL_TRADERS
2
Litecoin on major support, prepare for a potential bounce! Litecoin is seeing major support above 222.06 (horizontal swing low support, bullish divergence, Fibonacci retracement) and a strong bounce could occur at this level to push price up towards 244.57 resistance (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is seeing major support above 3.6% and also sees bullish divergence vs price signaling that a potential reversal could be impending. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:LTCUSDLong
by Tickmill
9