LTCEUR trade ideas
LTCEURBeside adding to portfolio at these levels, I'll also set up a little trade, just for fun :)
- entry at 48.4
- stop loss bellow previous slow (initially at 43.0, will rise it later)
- target 1 64.0
- target 2 75.0
- final target 88.0
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Be careful hereTo be honest LTC is not looking good at all. I am a big fan of this project but never fall in love with a coin. As long as we can't break the downtrend line we going down to the supply zones charted above. Seeing a 50€ Litecoin again is possible, depends on BTC performance. I am not adding here because imo thats not the dip for Litecoin, but always do your on research!
LTCEUR...divergenceHi everyone
Since mid July 2017 until the end of september 2017, RSI, TSI & MACD diverged and trended down from LTC price going up which led to the pump the following months.
Since the end of June 2018 until now, RSI, TSI & MACD are diverging and trending up from LTC price going sideways. I am a newbie but I suspect that if there is no volume in the coming days, price will go down hard. Can someone confirm this idea or tell me I'm wrong?
Thank you.
Stay simple
Possible three drive to a bottom in Litecoin in spe3 drive to a bottom
I see signs of a possible bottom coming in alt coins en block.
Litecoin could make a very powerful8 sign of a bottom by making this 3 drive to a bottom over the next couple of days.
I see the possibility highly likely. I over the next couple of days I will elaborate on this in comments underneath.
First of all we see Litecoin finding support by making a possible triple bottom in the mid 60 area over the last month.
My sentiment is neutral to bullish for the next week. Then we will see the last drop in price to finish the pattern and then It's time to consider going long... big time.
That will be in the Litecoin itself and by trading leveraged contracts over BitMEX.
Time will tell.... as always....
Happy trading!
Litecoin Bullrun coming soon!Firstly, comment if Im wrong or something is wrong!
1. Tried to break resistance, not enough momentum.
RSI was high (overbought) and momentum wasnt enough.
Dropped again to support. It helds easily and started 2
2. Strong bullish move. Broke resistance but didnt hold this time. But still lots momentum and price didnt drop much.
Second peak(continue still) tests resistance again. RSI didnt drop after peak like happened in 1,so. Much momentum.
I think there is change next bull movement starts (about 60%), and if it dont and comes to support again next time litecoin has even more potential to break resistances.
Im not professional so comment your thoughts about this. It also helps me if you say that my idea sucks so tell me in the commentsection. BTW im 16years, Thanks.
LTC Falling Wedge near to come !? :)Hello,
As always, just wanted to share what many have seen and have been waiting for the moment of a comeback on LTCEUR . im one of those so lol. Lets hope the cycle of fractals from the past can finally happen.
As you can see in the chart, figure is clearly present, and the MACD indicator starts to show the tendencies to where all this i going to.
Background bars in colors shows the fractals in cycle and the white string, hopefully, the road that LTC will take. Needs to be adjusted a little bit but until reversal its just an estimated measure.
Lets see what happens on the 4th of July. :P
This is just an idea, so proceed with precaution.
Cheers to all :)