Ltcusdlong
LTCUSD approaching support, potential bounce!LTCUSD is approaching our first support at 27.66 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 33.18 (horizontal swing high resistance, 61.8% fibonacci retracement).
RSI (21) is also approaching our 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, potential bounce!LTCUSD is approaching our first support at 27.67 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 32.01 (horizontal overlap resistance, 50% fibonacci retracement).
Stochastic (34,5,3) 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, potential bounce!LTCUSD is approaching our first support at 27.67 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 32.01 (horizontal overlap resistance, 50% fibonacci retracement).
Stochastic (34,5,3) 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.
LTC : LiteCoin Long Opportunity !! LTC on the Bottom Following Trend Lines May be Trend Reversal if everything is well.
Buy Long Between 31.50- 32.00 USD
Sell Between 36-37 USD
Stop Loss 30 USD
You Can Also Set Stop Loss own RR Ratio.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
USDT -LTC Litecoin -Alt Coin Analysis - Point Systemlt Coin Analysis - Points out of 10
Date : Since 2013 ( 9 / 10 )
Volume 24 H : 42000 BTC ( 9 / 10 )
Available Markets* ( 10 / 10 )
Social Media Rate ( 6 / 10 )
Ranks **7 ( 9 / 10 )
Website ( 6 / 10 )
Type Cryptocurrency ( Silver Bitcoin )
Overall ( 8 /10 )
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 crpto less than a year, You have to read twitter.com
before start to trade / invest it.
Are you looking for a target level to buy? Dont ask me. Listen to Charlie.
I have been in crypto almost 2 year, He has been there almost 6 years!!
Even I respect Charlie's idea, I will start the accumulate my first LTC bag in 2018 from this level. 85 % down from ATH. It is enough for me to start for LTC.
My next buy levels are at $38 and $20.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
LTCBTC PROFIT OPPORTUNITYBuy Price: Green Line
SL: Red Line
Profit: in short-therm i expect 5%, in mid-therm i expect 30%!
Invest Suggestion: 20 Percent
Profit Expectations: - 10 - 30 Percent
Looking at the chart of LTC , we could see that is a low channel!!
We Have the 13 HMA crossing the 34 HMA and the 50 HMA , indicating that we have a growth tendency ( dont think it's enough to break the low channel yet)!!
MACD lines crossed too and ANN strategy is in green zone!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
LTCUSD approaching resistance, potential drop! LTCUSD is approaching our first resistance at 31.30 (horizontal overlap resistance, 61.8% Fibonacci retracement, descending channel resistance) where a strong drop might occur pushing price down to our major support at 27.25 (100% Fibonacci extension). A break below our intermediate support level might provide the bearish acceleration to our major support target.
Ichimoku cloud is also showing signs of bearish pressure and stochastic (34,5,3) 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.