LTCEUR trade ideas
LTCUSD analysisCurrenty we have a strong resist ahead.
New to get over it , and then we can expect further UP move (but before is there posibility of correction to lower prices)
LTC to 230? Broke Bullish TrendLTC has broken its Bullish Trend and could go as low as 230 on the 15 min chart to the support line, or a bit lower and then bounce back?
LTC/EUR - Breakout of trend channel? Bullrun?After long correction of LTC/EUR, we can see a possible breakout of trend channel
LTC near another breakout!!!LTC is getting squeezed in a nice triangle! My first scenario wa a buy at 200lvl with first targer at 243lvl. Now i expect another jump to 270lvl.
(ltc/eur)
Good shortterm trade!!
Br.
LTCEUR at a crucial pointGMMA merged together which means that we have agreement on the price. If we have a bounce off we could test the first heavy resistance line 238.14. MACD just at a 0 so there is room to grow. We could see another retest of first orange trend line...if it holds I am expecting a lift-off.
Comments welcome
brg
and happy new year 2018.
LTC vs EUR looks bullishLTC formed a perfect 'Symmetrical Triangle'. So a breakout or breakdown is to be expected.
As Charlie Lee tweeted, a lot of volume was moved within LTC.
twitter.com
Those two combined are the perfect mix for a breakout according to:
www.investopedia.com
Within the next three days LTC should breakout. At least an 80% increase is to be expected.
Key moment for LTCThe bulls need to stay above the uptrend line, reach the supply zone around 220 and eventually overcome it. Otherwise I'd be a seller.
The next leg up after 245 EURThere is a possibility that we can lift off after 245 soon, otherwise we might see it continue to the end of the triangle and go up from there.
There is a small chance that we are going to drop a lot if we go below 200 EUR again. Trade carefully!
LTC Neutral / AvoidI give litecoin an avoid rating now after the news that Charlie Lee dumped all his holding on the recent parabolic move.
From now i can see sideways down action.
Litecoin doesnt really offer enough more than BTC IMO to justify the parabolic move in value. Its use case isnt really much different to BTC except its shorter block time. Ripple can probably justify a parabolic move as it has a separate use case.
I have sold all my LTC.
This is not a short recommendation as it appears to show above agg!
Let's get below 150EURI still think we are going below 150 EUR before any real action towards other planets
LTCEUR back to 1.00 ?I expect LTCEUR to drop to 1.25 to 1.00.
Will it recover from there?
Guess so. Show is not over yet.
Rocky road to new ATH?So LTC has been having a nice retracment from last spike which was finished on 19th of December.
According to the fIbb. levels we could se downtrend continuation till fibb. 50.00% before the downtrend will be broken and reversal could happen.
As marked down.. if we have a bounce from 50% fibb. level with the downtrend being broken a buy zone (yellow quadrant) could represent great opportunity to have 130% gains on mid-/ long- term.
However heavy resistance lines marked down could represent heavy rebound zones in both directions...so stop orders need to be placed wisely.
If downtrend is not broken than we could see drops down to 61.80% or even to 78.60% fibb levels.
LTC will be also placed on new exchange on 11.1. January so this could give additional boost..
greetings and happy trading
2017 will close a bit lower (a minimum of 80 EUR) THEN UPSo we should be able to se a low of 80 EUR if we are lucky (those of us who plan to fill our bags)
Twelve Noon DropIt may go down to 63.50 or 62.50 by midday on Saturday 25th November. Based on parallel lines from previous Bullish close/open prices, and an intersection of Bearish open/close prices.
LTCEURSimple LTCEUR idea. Let's see what will come out of this.
Entry above 238, targets 277 and 314. Stop loss somewhere bellow 200.
Wishful thinking....(Long-short-LONG)One more Dipparoo followed by a late Santa present....a little more patience required.
following the recent trend I expect it to rise to €282-294 in the next few days followed by another dip back to 230's due to some FUD
From there I'm hopeful LTC will be running towards 400's mid January
