LTCEUR trade ideas
LTC/EUR - M30 - Three drives pattern / RSI resistanceLTC/EUR actually in a range, and in a Three drives pattern at B phase, waiting for 3rd phase to go long, you may actually go short until the bounce.
Signals:
- Three drives pattern actually in B phase (short until the bounce at 3rd phase)
- Moving average 25 and Bollinger Bands 35 are coming closer, should watch
- Bearish range
- RSI under resistance
Have a good night everyone, trade safe !
LTCEURNot sure if this is the right time to buy. but stashing some coins.
China banning bitcoin exchanges? not sure.
I'll give it a shot, GL
Oscillators predictions - Divergence calls the game part 1 - LTCSuper star oscillator - RVI oscillator called the top in this case with a Bearish divergence. Confirmation came from 10 EMA crossover on the 2H charts.
Fibonacci ExtensionLTC have reached the previous target up, now it can retrace to 61.8% fibonacci level (RSI and STOCH are both in overbought condition). If price bounce on fibo level and candlestik, RSI and MACD confirm, we can BUY to rally up.
Litecoin still has a way to goEliot Wave 5 to come. One more impulse after the correction is finished.
LTC Textbook Bullish PennantHourly chart for LTCEUR showed a continuation of bullish uptrend reaching the price target matching flag pole height. Green dashed line shows buy in entry after confirmed breakout from triangle. Acts as confirmation for breakout from inverse head and shoulders on LTCBTC daily price chart.
LTCEUR 8h: Target - steps 55 EUR > 63 EUR > 75 EUR possibleI just looked at the situation LTC / EUR. Here three possible trend lines / ways. Just for info: I am long with LTC.
Let's see what happens. Happy trading. :-)
See also:
Litecoin Trade ExamplesLitecoin made a good upward movement. I would like to show you how we could trade based on signals of Ichimoku indicator. You can see on the chart 6 levels for opening long trades. There are 4 trades which could be closed in profit. One trade could be closed by stop or left for long run. And one trade is still active. If you follow proper money management, these trades could give you solid profit. The main thing you should note: Ichimoku indicator is super profitable tool when markets are in trend. Like many other technical tools, Ichimoku indicator can't provide 100% profitable signals, but it's not the main target. The power of this indicator is - it can show you a direction for your trading and possible entry levels. All in one and in simple way.
Litecoin breakout, extra buy opportunityFirst indication that litecoin continue the uptrend for a new all time high!
Litecoin Buy OpportunityThe price moves upward in the borders of an ascending price channel. When the price bounced from the trend line of the channel, we got a buy signal. RSI confirmed price reversal. Now we have to place pending orders for buy above the local swing high. If the market moves higher than 41.00, it will be a good confirmation of further upward movement. Stop orders must be placed below 34.50 level. Profit target should be at 50.00 resistance level.
Litecoin looks like following BitcoinLitecoin with similar channel to Monero that I wrote about.
Many altcoins have been painting the 1st higher low on a week.
I've also been increasing my altcoin exposure, since Bitcoin growth has to stop to take a breath at least for a while.
At that point it will be nice to already have alter positions. Some altcoins are realtively cheap, standing inside the channels.
Wish you luck and ...
Meetya
Possible BreakoutBreakout at 40 a possibility if support broken, otherwise we will fall to lower support at 33. Doesn't look like litecoin will "moon" but there is good money to be made here. Next resistance is at 44Eur and 50Eur.
Buy orders should be placed at 39.50 or more, with stop loss below 37. Take 25% profit at 44, setup new stop-loss below 43. Watch resistance. Set-up new stop loss at 48, cash out if below 48, otherwise next resistance looks to be around 80 euro.
Buy/Sell must be confirmed by RSI
Will update.
Litecoin Buy SignalThe price bounced from the support zone and the uptrend line. After breaking the downtrend line, we got a confirmation of further upward movement. It's buy opportunity and we can place pending orders above 40.50 level. Stop orders must be placed below 39.50 level. Profit target should be at the resistance level and the part of trading volume can be left for long run.
Litecoin Entry LevelsIf you have to buy Litecoins for EURO, probably this trading idea will be interesting for you. The market moves upward in the borders of the ascending price channel. We had a good entry level based on a reversal signal in the support zone. This zone was formed by the trend line and 35.00 support level. It was our first opportunity to buy Litecoin. Now we have a new entry level but this time we should trade based on a breakout signal. If the market breaks 40.00 resistance level, we'll have an additional confirmation for further upward movement. Pending orders for buy should be placed at 40.10 level. Stop orders must be below the local swing low and it's 31.90 level. Profit target should be at 48.50 resistance level.
LTC is on a channelAnd on the next days we will see if it continues on it. Stochastic RSI seems to say so.
resitance and support lines for litecoinSeems like litecoin Is testingr the 35 dollar support line mutiple times. with lower highs and lower lows. I think it will go further down, next support line around 32 dollars
LTCEUR 1D - Bullish channel holding steady as alwaysDisclaimer: noob, and this is a pretty simple analysis but there can't be a more textbook channel.
Pretty sure there are only two realistic options here, both soon to become bulls:
1) Bounce from 35.5 to 46 in minor recent channel (weak resistance line, sure, you may even say 'what resistance line'?)
2) Bounce from 33.5 to 56 in major, very solid channel.
I actually favour the first owing to the Ichimoku cloud.
I'd rather the second, as more bucks, obv.
Bitcoin seems to have a longer dip in it; great if you're trading LTCBTC.
Rectangle or ascending triangle?Either way, set a stop loss to save your profits or find a nice entry when resistence gets broken :)
