Ltcusdlong
LTCUSD testing support, potential for further rise! Price is testing our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). A break above our intermediate resistance (horizontal swing high resistance) might provide the bullish acceleration to our first resistance level. Stochastic is approaching support as well where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD testing support, potential for further rise! Price is testing our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). A break above our intermediate resistance (horizontal swing high resistance) might provide the bullish acceleration to our first resistance level. Stochastic is approaching support as well where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD bounced off support, potential for further rise! Price bounced off our first support (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is approaching support as well where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential reversal! Price is approaching our first resistance (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (50% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCCUSD approaching resistance, potential reversal! Price is approaching our first resistance (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (50% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD could see a reversal below our first resistance levelLTCUSD is approaching our first resistance (horizontal swing high resistance, 100% Fibonacci extension, 76.4% fibonacci retracement) where we might see a drop to our support (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Potential bounce as LTCUSD is approaching support!LTCUSD is approaching our first support (horizontal overlap support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where price might bounce to our first resistance (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension).
Stochastic is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential reversal coming!LTCUSD is approaching resistance (horizontal pullback resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below our first support level (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
The LTC Project 2019, Phase 01, Edition 01Observations:
Daily Chart indicators:
50 EMA acting as support;
0.5 fib retracement looks like the key support level; the downward wedge channel has the break at this point.
Black slope line acting as another support line since March.
RSI around the 50% mark with double sch. oscillator indicating a return to upward momentum, confirmed by the bounce;
We have completed impulse 4 of the elliot wave
4 Hrly chart observations;
Gartley pattern in play with the black slope as its support. Immediate target after point D is the level of point A;
The 50 and 100 EMA cross over indicating a bullish component;
0.786 fib seems to be the retracement level;
4 HRLY CHART 1;
LTC may lead the Bull trend with huge pumps aheadHi all,
I have come with new idea. This time it is with LTCUSD. I see good bull trend to be lead by LTC.
My Target is 136-148$ in next 1.5months.
Load LTC in this dip as much as you can. Enjoy.
Please thank me by liking and sharing if it helps.
Thanks.,
Anonymous
LTC/USD - LONG with TIGHT s/lBlue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
Green line indicates t/p.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
LTCUSD approaching support, big bounce upcoming!LTCUSD is approaching our first support at 61.10 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement) where we might see a corresponding bounce to our major resistance level at 84.36 (horizontal overlap resistance, 61.8% retracement).
Stochastic is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching support, big upcoming bounce! LTCUSD is approaching our first support at 61.10 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above our first support level to our first resistance level at 84.36 (horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic is approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.