LTCEUR trade ideas
LTC soon to hit resistance lineFibonaci retracement shows next step for LTC/EUR. It is by the way a step that we found also before the last rise set in.
The altcoin correction is over, cryptos are still facing some "trust" problems, but capital will keep coming.
I think we will get over the next target with LTC quite easily: when we hit the target and can overcome it, the way to 300 and next 500-700 is free, probably within the next 14 days.
We have an extreme steep curve. I think the resistance will break soon.
If you found this analysis helpful and good you can tip me:
LTC: LbRxAQoMs9dW6qbGZKNfWvaDWVbVWv5VtD
BTC: 1EqaH8jRtDQhPPJBtiVGCLQo6jXiNSBgs9
Thanks for reading,
have a good day.
LTC Buy A and BIm liking these prices on LTC lower than here.
If we get a dip a on LTC, look for support at A and B. If we get as low as B, it could be a great time to buy Litecoin. Usually in this situtation i buy half at A and the other half at B, which is effectively dollar cost averaging into a position.
Now trading for the skilled begins Complete capitulationWhat a ride it has been.
I guess many has been burned tonight.
Many has only learn to trade when the cryptomarket was bullish.
Are you ready?
What we see is complete capitulation. Blood in the streets
Ws also see a possible 3 drive to a bottom pattern and a double bottom.
You know where to find us, when ready.
Litecoin - Uptrend - Following Parallel ChannelLTC is currenltly following a parallel channel.
We are currently in an uptrend (see pink line), If we break out this line i expect the price to dip until 186.5 EUR.
Otherwise, if we breakout the resistance (green line), i expect the price to pump up until the biggest support 269 EUR and then start a new Elliot wave pattern.
I will hold while we are in the channel and wait on breakout signs.
Note: 236.5 EUR and 269 are big supports/resistances, so i'll be particular away when reaching those levels.
Good luck guys.
LTCEUR consolidation, waiting to break out ?!In consolidation for the past 3 weeks, with strong support at 175-180 EUR (fib 50%). Everything near 180 is a good entry point.
Take profit 1 - 235 EUR
Take profit 2 - 290 EUR
*** Let your winners run - if u see strong bullish movement, you can adjust your TP.
Possible MACD crossover in next day or two (good buy signal).
Stop loss = entry point - (ATR x 1.2).
LTC - ARE THE JAPS COMING TO SAVE US?It's two weeks since Charlie sold his coins.....
2 days ago (6-JAN-18) it looked like LTC decided to wake up with a flurry of tweets from @SatoshiLite highlighting the coins growth in usuage... transaction volume ...network security ...mining stats "reduce the relay fees from 0.001 LTC/kb ($0.30/kb) to 0.00001 LTC ($0.003/kb). We hope to have that out next week. Once people are using the new relay fees, we will reduce the actual min fee to 0.0001 LTC/kb ($0.03/kb)."
we even got a Dragon Balls gif ....
TODAY (8-JAN-18): We're back to the familiar depths of low €200's (flirting with the $245 line of support - probably headed towards low 190's after I post this)
the Lightning Network looks months away and I'm not counting on the *One huge unexpected surprise* that Charlie tweeted
Don't tell me I'm relying on 27million Japs to harness their chi and drag LTC back to being mediocre again....
(Give me strength)
New ATH target for Litecoin - 500/700 EUR over the coming daysHistoric long term support and resistance line forming a very smooth flag pattern on the 4HR chart. Volume has increased in the last few days for the first time in quite a while. Stochastic RSI lines also just crossed in oversold territory. Overall pattern looking very bullish in my opinion. I also think Litecoin is fairly undervalued at the current moment - I expect significant upward movement over the next few days.