Litecoin LTCUSD UPDATE Trendchange to Short 6:00 p.m. 1 HR Chart#LTCUSD #Litecoin #Bitcoin #Ethereum #Rekotrade
Hello to all watching my charts
I just write these words here and same time LTCUSD Litecoin
has just fall out of my long channel in blue and sit on the last support line i have
drawn in black.
I daubt that the pair will recover soon and see a 60 to 40 chance
of falling further down
In best case we will have a sideways turn staying in my bluechannel which is
little bit long, but f you check the angle, these is very very weak
So be cautious with longs, i suggest NOT to buy on dips here
as we have lower lows and lower highs which in my oppionion
is a clear sign of short.
At the end, if it is fallen down to my purple arrow it is short shure
Good trades
If you want to support my work and my trade, please like them..
Renkotrade
Ltcusdshort
short down to the 100 DMA if we close below the current .382 fibIf we close below the highlighted .382 fib level (pink highlight) then this will become a good opportunity to open those shorts
We should complete the ABC correction down at the 100 day MA (yellow line) with a target of $100
The 100 day MA has typically been a good support and reversal zone when LTC is falling.
This also lines up nicely with the 618 fib of this run up, and also the trending support level too.
all in all there's a lot of indicators point down to $100 if we close below .382 fib level.
LTCUSD SHORT Till MIN 112.20 or much worst#Renkotrade
Hello to all watching my charts,
In the fall of all crypto currencies there is one crypto which seems to me
one of the worst and so one of the best short trades.
So lets have a look at
Litecoin / USD = LTCUSD
The pair had had found af fine bottom at 112.20 and started an impresssive rally
from this point to nearly 134 which is 20% up !
Than we had seen unfortunately broke of one support after the other.
First 127.50
Second 127.00
Third 125.80
In additon the trendline long brake
(All these breaks to the low i have marked with black lines here)
If now if you will go long , for a trendchange we must see
minimum the 115.00 in 2 days
or thats the opposite scenario , if the last support at 112.00 will break
the pair will be traded much lower in my eyes.
So be carefull with long engagements here,
check the next days and we will have a decision here.
Good trades
If you want to support my woerk and my charts , please like them...
Renkotrade
But than in the fall of all cryptoswe have now a fall below 3 supports
(sown in black in my chart) and after that no botom is to see.
LTCBTC BEARISH SETUP
LTCBTC now is situated into an ascending channel where just hit the resistance 0.0185 and now we need to cool off a little.
Stochastic maded a bearcross which means we will going down
RSI is at overbought because is more then 70
I will sell here,and i will re-enter at 0.0148-0.0151 for halvening!. Good luck,i will don t play it on bitmex. At the moment we have a bearish setup
LTCUSD - CRYPTO - 26. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Slowly bearish moving market..
4 HOUR
Sideways formation after forming new highs.
DAILY
Very bullish push without any pullback, price slowed down. Good short entrys now!
-
CRYPTO SETUP
SELL LTCUSD
ENTRY @ 133.160
SL @ 138.630 (4.1 %)
TP @ Open
RR: 3/4
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
LTCUSD approaching resistance, look out for a potential reversalLTCUSD is approaching its resistance at 142.12 where it is could reverse down to its support at 87.33.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
LTCUSD - CRYPTO - 18. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Slowly dropping bearish market with several pullbacks.
4 HOUR
Sideways market after forming new highs and resistance level.
DAILY
Very bullish market turning bearish, strong price action slowed down and is searching for a ress.
-
CRYPTO SETUP
SELL LTCUSD (litecoin)
ENTRY @ 131.700
SL @ 137.450 (4.3 %)
TP @ Open
RR: 3/4
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
LTC Double Divergences! Back in the channel! What next?!LTC is back in this pitchfork channel that I had previously drawn. Look at the RSI, we have had not just one divergence, but another on the daily chart! Oh snap. This is a pretty strong indication that more downside is going to be in the cards. If BTC starts collapsing as i think it's going to, we will see this LTC go down to 100 at least. If the 100 level breaks, we'll be seeing a much more significant pullback. We'll have to wait and see what happens at the 100 level, but for now, we can take a short trades(if you haven't already at these highs) and aim for 100 at least, possibly lower.
Notes on the halvening. I won't post a chart here, but there are some floating out there where about 45 days before the LTC halvening, it plummets. It seems things are lining up for that to repeat.
Happy trading and hodling,
-Sherem
$LTC is a Sure Thing. FREE MONEY! +150% to ATH, New ATH?LTC halvening by August 8th is very something. People learn that this halvening will drive price crazy. That's why. Lazy desc. You'll know how to make money here!
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LTCUSD reversed off resistance, potential for further drop! Price reversed off our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% 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 reversed off resistance, potential for further drop! Price reversed off our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% 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 testing resistance, potential big drop upcoming! Price is testing our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% 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 testing resistance, potential big drop upcoming! Price is testing our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% 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 testing resistance, potential big drop upcoming! Price is testing our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur to our first support level (horizontal swing low support, 100% 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.