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Ltcusdidea

LTC/USD MoveAs I type, LTC/USD is at a turning point. It appears that an ABC correction could be in. I previously was looking for a deeper correction in C, but price action has changed my highest probability view at this time. 3 options right now 1. Fakeout and we are looking for a deeper C back into levels I mentioned previously (2nd) 2. Deeper Correction below the 135 (I believe least likely) 3. Looking for this wave 1 to hit the .5 to .764 green fibs (most likely in my view) Watching the $220 level (black line) based on a previous move that I want to be broken. Going to set alerts and wait for good entry on this if it plays out with scenario 3. getsome
COINBASE:LTCUSDLong
by cryptowaveman
1
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
LTC/USD LongWe need to pay attention to the 330 entry level. There was a new trend after the sell off between 12/12 -> 12/15. The trend has been stable but if there is a break in support in the 0.236 fib level ($330~) we may see a retractment to the 300 support line. Being a swing trade we have to realise that 300 is a very strong support line and will most likely just result in a new pattern upward toward the $400~500 levels. Given the action in the cryptocurrency world lately this could happen in a few days so pay close attention. Best case scenario for a break in the 330 support level would be entries between 300 and 317 (0.38fib) with stops at .78 or 1 fib levels. As for now cryptos are looking extremely bullish and I doubt there will be panic sell offs or crashes to the depths of sadness (for all LTC holders). Pay attention to the 51 RSI and how the MACD just crossed the Histogram in the 4h chart. There is a very real possiblity of a 300 entry. BTC Donations: 18Tre9MiL48drf48WYotXKZFci11q9r5j7
BITSTAMP:LTCUSDLong
by SIELCORP
Litecoin explosion is over! Short and buy back cheap! Risk: low/medium Litecoin has exploded recent days. We need to see a correction next days. We have signal to correct further, if we close below 287. Be aware that 50MA (Purple line) is a resistance. We have already tested that line once. Sell: Below 287 (Activated if an hour candle closes below this level) Resistance: 276 (50MA) Here's the plan: Target 1: 245 Target 2: 230 Target 3: 210 Target 4: 192 (If coin drops further) Note: If we go up once again, we will sell around 330/320 levels, we can then add an extra target: 290. After the short there will see chances to buy back litecoin at low levels, I'll keep you posted about that. Let's play this game and maximize your profits! Please, follow and like for more trading ideas. Questions? Just ask and your feedback is welcome. Good luck!
BITTREX:LTCUSDShort
by Trades999
5