Litecoinusd
LITECOIN DUMP now😓🙏🏻Guys, I'm sorry, I won’t write so much, I wanna see a lot of coins.🎯😚
I’ll try to describe the most important on the chart.📊
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If you have questions, write in the comments.✍🏻
Perhaps, if you are interested in some kind of coins, that I haven't watched yet, write too, I'll be happy look it for you.❤❤
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Litecoin: Parabolic Support Analysis 1H (Apr. 23)X FORCE GLOBAL ANALYSIS:
Litecoin has been showing a very steady price move lately. In this analysis, we assess the technicals for Litecoin (LTC) and its bullish and bearish probabilities.
Bullish Evidence
- We have formed a parabolic support on the hourly chart
- Prices initially created lower lows, until it transitioned into creating higher lows
- The Relative Strength Index (RSI) showed a series of uptrends and downtrend, and it has recently shown a breakout
- The Moving Average Convergence Divergence (MACD) shows decreasing bearish histograms and a potential golden cross
Bearish Evidence
- We are still creating higher lows on the price
- Should we break down the parabolic trend line support, the bullish case would be negated
What We Believe
Given that the parabolic trend line remains intact, we believe that we could see higher lows, and the formation of potential higher highs as well.
Trade Safe.
#LTCUSD ANALYSIS.. BROADEN THE PERSPECTIVE.. Big picture in #LTCUSD may be giving us important clues about price movements in the future.. I think it is meaningful to diversify approaches especially in the process we are in..
In the #LTCUSD monthly chart, Tom Demark has closed the red 2 last month, we can clearly see how the TD indicator has produced signals in similar situations from past to present, we can easily say that it is not positive for the medium-term.. Furthermore, Litecoin is below monthly ma20, this is also bearish.. In the chart, I expressed the price movements likely to occur within the descending triangle and falling channel.. My expectation is that the price will drop to $ 13 in the medium term.. We will wait and see..
You can find my thoughts about Btc and Eth in the link below..
Sometimes you need to break your knees a bit more to jump higher..
Disclaimer: I am not a financial advisor.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
Some more litecoinAs you can see LTCUSD pair has formed an inverted ascending scallop formation against the resistance of the fibonacci spiral, broken out, formed a falling wedge and attempted to break out again. I believe this is the pullback before a larger rise, hence the C target. On the LTCBTC pair you can see the TopCap indicator showing the value of the pair at its peak, which increases as each day passes.
Litecoin short-term target.Hello guys,
I found a cup and handle pattern on the 30min chart. So that's bullish on short term. If litecoins breaks the next resistance around $42 it could easily move up to $43.
If it hits the resistance level of $44 it will probably get a correction, because bitcoin could drop anytime ( see following idea)
Leave a like if you like this idea, I hope it's useful!
This is not financial advice, always do your own research.
Litecoin Enters Elliott Wave Sell Zone LTCUSD's decline unfolded in five waves with an extended move in wave v.
Since the market bottomed around $25 price has been moving upward in a sideway manner, which is what to expect after an impulsive move according to Elliot Wave theory.
The correction seemed completed and unfolded as a double zigzag. Further confluence suggesting the end of the correction includes the rejection of 38.2 Fibonacci level, 50 EMA, S&R level, and retest of the broken ascending trendline.
Price has the potential to move lower from or near the current level and retest the wave (a) low and even extends lower.
The bearish wave count remains valid as long as the price stays below the red line, "47.69" level.
What's your thought on Litecoin?
Litecoin USD - downward wedge Hello
I look formed a shape of a descending wedge. and also stand above local support $ 40.9
I am waiting for a flat or accumulation inside the figure, and will leave the top to the resistance zone 43-44
This is just my opinion, and is not a call to action)
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Thanks for visiting.
LTCUSD forming bullish Shark | A good long opportunity aheadFormation of new Shark pattern:
On short term hourly chart the price action of Litecoin is forming bullish harmonic Shark pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: $41.14 to $40.69
Sell between: $41.66 to $42.70
Stop Loss:
The potential reversal zone area which is up to $40.69 can be used as stop loss in case of complete candle sticks closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 4.93% and as per above mentioned stop loss, the loss possibility is 1.1%.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
ACB UpsideAs shown on the chart since erly October,ACB has been traded below the green trend line on the daily. It finally broke above it this week,but follow through is yet tobe confirmed.
On the macd side, divergence has been building up since early October too as shown by the green trend line. It is important to note that since the middle of May 2019, MACD has always been below the zero line and the upcoming blowout earnings could be the perfect spark to push it upwards finally after a whole year.
RSI has also been moderately trending upwards too. Although it broke the upwards trendline for a couple of days during early March, it still has potential to be a viable signal to the upside. Also just like the MACD, since the middle of May 2019, RSI has been traded below the 50th mark except for a few head fakes.
All in all I believe the longs will finally be rewarded and if Aurora comes clutch with a equity based partnership deal we will definetely be seeing a 10-15bil market within this year.
👆🏻LITECOIN STILL GOING UP!👆🏻🌆GOOD EVENING, GUYS!🌆
👐🏻In my opinion, all altcoins (which I have already publishe✔d) looks almost the same.
Bitcoin, Ethereum, Ripple and Litecoin, I expect, definitely, growth.👆🏻💪🏿
The levels, where the price should come you may see on the chart.📊
I wish you patience⛲
Be healthy💪🏿💪🏿
💋Stay with me!
Your Rocket Bomb🚀💣
PS: 🌿green🌿it's because I really want summer🤣🤣🤣
LTC UPDATE 2.0 - LTC ABOUT TO INCREASE 50 usd AREA DEPENS ON .. i did study the LTC chart today again, and here are my 2.0 chart.
--> expecting depens on the MX data that LTC can break 50 usd + next time.
--> BKEX about to take the trend volume to high % trade
If you like this post pleas give it a like, and follow me for more updates
# this is not an advice, trade on your way.
After LTC 50 usd i will add new update.
LTC - 03 April 2020 - Au Revoir LitecoinWe are in a short term bullish trend but the medium term is STILL bearish.
I am not sure if we will crash from these levels or will go all the way up to 50 usd levels and crash but the higher it goes up the bearish I will become.
I will be buying from the HUGE green box.
I will NOT open a short - too risky, I will not be margin trading as well.
Considering the unstable global economy, we might have flash crashes which can get us liquidated in seconds.
IF the trade does not play and we bounce above 60 levels, I will be reshaping the whole analysis.