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LITECOIN BUY SETUP UPDATELITECOIN move up nicely since my last post about. I hpe you enjoy my analysis. Please support the idea by Like, and Follow :) Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. _________________________________________________________________________________________________________________________________________ Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support!
BITSTAMP:LTCUSD
by AIRFOREXONE
2
Litecoin is Trading in a Tight RangeThe LTC/USD pair continue fell down since the its halving in late August. The coin has lost nearly half of its value since that time. Moreover, Litecoin’s hash rate has decreased by almost 70% since the halving, which means that miners are not so happy and motivated to support the network. At the time of writing, Litecoin was down by 0.85% for the last 24 hours. Price action on the daily chart is narrowing within a bearish pennant structure. At the same time RSI indicator (36) is near to its oversold zone. The pair also is limited by the middle line of the daily Bollinger Bands around $46.85. Once it is out of the way and the price break the upper line of the pennant, the upside momentum is likely to gain traction with the next focus on $50.64. There is the upper boundary of the recent consolidation range (also psychological area). It is followed by the upper line of the daily Bollinger Bands at $51.74. Critical weekly support should be noted at the $45-44 region. And failure to hold could invite another wave of selling. In that event the bears should send the price towards $43.70. This barrier is created by the lower boundary of the above-said pennant. A clear break there will send the price for testing December low at $42.78. Once it is broken, the lower line of the consolidation channel of $41.04 will come into view.
BINANCE:LTCUSD
by ForexTrendline
SHORT LTCUSD BCHUSD both pave way for BTC continuation $73.70 TP1 $77.30 TP2 60.55 STOP | | V AND altseason wraps up as BCH, XLM, LTC kick off into what will follow: a healthy BTCUSD consolidation; before encountering next major resistance at $9642. With that being said keep your stop loss is set at all times keep your eye on your portfolio and do not get greedy just because there are ample opportunities to take profit does not mean you need all of them remember it is better to miss out on potential profits going to lose actual assets. Disclaimer Not financial advise -@a1mTarabichi
COINBASE:LTCUSDShort
by UnknownUnicorn3861629
BEAR MARKET IS OVER?! 0.0063 or 0.0042?Let me ask you a simple question. Why are you here? I mean, what is your ultimate goal in crypto? Money / Technology / Meme? Money? Then, Who is the richest person you know in crypto AROUND YOU? I can hear you, it is so hard to measure it on TV BUT AT LEAST you can calculate his winning rate / accuracy on his latest 5 - 10 charts? ( On twitter, It is a bit easier to understand who is winner - Winning rate / Life style / Trading size - SHOW ME THE MONEY! ) Did you also know? You Are The Average Of The Five Crypto Traders You Follow The Most Time With. That's why, If you want to learn something from other people on social media. You should be so picky who to follow! Go calculate his / her last calls, and figure it out! I am so confident on my tradingview / twitter calls since 2016. Why am I talking this ? Because, so many people are blindly following wrong traders / wrong trades over and over for years. If you are not making money from crypto, YOU HAVE THINK carefully! What are you doing wrong for days / weeks / months perhaps years? I know you are also expecting me to talk about Litecoin! Ok, Charlie Lee said on Dec 17, 2017 at 2.51 pm : Ok, sorry to spoil the party, but I need to reign in the excitement a bit. Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy! On Dec 2017 at 3.15pm : Not saying it will drop that low, but investors need to be able to withstand that big of a drop . It will shake people out otherwise. Every pump I've seen has been followed by a bear cycle. The market needs time to consolidate. That's just my experience from 6+ years of watching this space. How low and how long it will be is unclear. But people need to be aware of this possibility. if you are in crypto after 2017, You have to read twitter.com before start to trade / invest it. ---- It has been almost 2 years since he tweeted this! That's why I pointed out the bear market would be over between Sep 2 and Nov 4,2019 on my bitcoin tradingview post (Over 24,000 views - in March 2019) . I have been saying it for weeks on my twitter account as well. Since then, I set 14 bitcoins buy orders on alts. The risk / reward ratio is great at around 0.0063 BTC! If It doesn't hold - welcome to the darkest side of crypto - 0.0042 BTC Target? The chart speaks itself! Protip : Copy those who are already successful in your eyes!
by CryptoEngineering
5