LTCEUR trade ideas
LTC/EUR continuous uptrend, following trend channel.If the LTC/EUR price doesn't fall below lower trend line, I suspect that the price will follow the same pattern to a solid mid-term up trend.
Long LTC/EUR, watch for breakout of trend-channelRight now, in the 15min chart, LTC (Coinbase) is nicely following that trend channel. Good entrypoints for mid-term holding when price approaches lower line.
LTC - Up, Down or Sideways?"$150 Million Worth of XRB Railblock/Nano Stolen"...."France and Germany Urge Discussions on Crypto Policy at G20 Summit"...is this the reason for the drop today i wonder?
(Does anyone have any ideas?)
beyond me.....
Trending curve broken - Major trendline still resistantLTC have broken the curve it has been hitting the last 3 highs. Now we have returned to the major trendline that has been clear since late December last year and early January. The question is if we are going down to the major support at around 75-90 EUR, or if we can break through and chase a new All Time High!?
Litecoin -> Time to breake resistanceIt seems that has broken the big trend, not bad volume, and need to breake some resistance before climbing the wall
LTC/EUR break out We are on the cusp of a break out on the crypto. Unless BTC takes a dive this is breaking out very soon.
Sideways until March at leastThere seems to be a clear support in the area between 90 and 75 EUR. We could see an new uptrend earlier than March, but I don't expect any rockets.
LTCEUR - Raising wedge 1H?LTC looking like it's forming a rising wedge and could retrace back to the .382 fib.
This could also be the formation of a cup & handle and a bigger bull run.
LTC Breaking Key Resistance due to Parabolic NewsLTC broke minor resistance (red line) and might use the Red Line as future support, as you see it tested on the 30th with a wick.
If LTC manages to break through to the top of the triangle, we might even see it testing the upper green support. From there it will probably range for some time before reacting to either BTC or news.
Down for 3-4 weeks moreI think price may touch 55.0 or even 50. The current down trend may take really long time, being optimistic I could think 3 or 4 weeks down. Being a bit more realistic I'm thinking the critoworld will recover in about 6 months. Well, news always surprise ! let's hope for the better.
Good luck to everyone
:)
LTC UpdateCharlie Lee is looking smart now having sold the all time high on LTC.
On the daily it was clearly pegged on the upper trendline.
Keeper of the LitecoinIt's simple folks
buy limit set on the 200 EMA if 0.786 line of support fails.
(View of the 1D chart)
"2018 will be a good year for litecoin" - believe
Are you long?Bought first position ....Yes... without confirmation and only technical analysis.
These are the simple lines but behind you find the use of fib, phi and sacred geometry...in short TA now how.
I will buy more on strength and even more on confirmation.
Trade what you see..or seek proper training in how to earn on your trading.
WallStScalper.com
Litecoin possibilitiesLitecoin retraced 78.6% from height, and touched an early uptrend line. For all of us holders out of there, let's hope this means we'll see a turnaround. Litecoin is still trading within a downward channel though, there is still some resistance to pass. We should see in the upcoming day whether LTC will break out or not. Most resistance should be in the 186-190 range. If it breaks past that point, LTC should be free to move up to 230,-
