Litecoin plummeted as the markets digest the Russia/Ukraine conflict. We have retraced fully, back to lows after finding support at $105. Support failed but $100 held and we are currently testing $105 again but from below this time. If the $100's do not hold then there is a vacuum zone to $94. The Kovach OBV is still very bearish and we don't see much evidence...
Litecoin has sold off with the rest of the crypto market. We smashed through support at $120, and tested $114, which appears to be holding strong as confirmed by a green triangle on the KRI. We made a concerted effort to pivot, which was promptly batted down at $120 again, confirmed by a large wick on the candle and a red triangle on the KRI. The Kovach OBV has...
Litecoin has retraced to support after testing $130. We have retraced from there to support at $124, which we anticipated yesterday. The price action appears to be weakening further, and if so, we can anticipate further support at $120. Unless there is a drastic spike of momentum either way, we anticipate the sideways correction between $120 and $134 to hold. ...
Litecoin has lifted a bit, after finding support at $120. We were able to clear $124 and are currently testing the next level at $130. Several red triangles are confirming resistance around this level, but if momentum continues, then $134 is the next target with $141 following if we can cross the vacuum zone. Otherwise, we should see support from $120, then...
Litecoin has broken down from the $140's, which appeared to be too top heavy for the beleagured coin at this time. We smashed through the $130's, which did little to provide a buffer to the $120's where we are currently seeing support. The Kovach OBV has dropped off sharply, leveling off as the price action meanders at current levels. If we selloff further,...
Litecoin has sharply rejected $141 as we anticipated in these reports. It was starting to look top-heavy technically anyway, but inflation data and increased Fed rate hike expectations caused a sharp selloff from these higher levels. We are currently finding good support in the $130's, specifically at our technical level of $130. A green triangle on the KRI is...
Litecoin has retraced sharply from highs at $141. We smashed through the first level of support at $134, but have found footing at $130, exactly as we predicted in the reports yesterday. From there, we saw a nice pivot back through the vacuum zone above $134, but are unable to test $141, and likely will not for now. It appears that we are forming a sideways...
Litecoin has ascended quickly from the low $100's to our next target, proposed yesterday, of $141. We blasted past resistance in the $130's, and soared through the vacuum zone above to hit this target. A red triangle on the KRI is confirming resistance at $141 for now, and the Kovach OBV has turned over sharply. At this point, we can expect continued support...
Litecoin has made considerable gains since our last report. At the time, it was ranging in the low $100's, with support from below by $105 barely hanging by a thread. We were able to smash through the upper bound at $114, which had provided resistance all last month. From there, we were able to break out even further, breaking resistance at $120, then $124. ...
Litecoin is testing higher levels, though still respecting the range between $105 and $114. We are seeing several red triangles on the KRI confirming resistance as we attempt to climb higher. The Kovach OBV has been gradually trending downward, suggesting an overall divergence, which does not give us much hope for breaking out of this range at the moment. If we...
Litecoin made a run for the upper bound of the range it was holding between $105 and $114. We saw several red triangles on the KRI confirming resistance at these upper levels before immediately selling off to test the lower bound at $105. Currently we are seeing support and some green triangles on the KRI. The Kovach OBV has completely leveled off, suggesting...
Litecoin has completely flatlined, finding support at $105. The Kovach OBV has flattened, with a very slight bull divergence, and volatility has narrowed considerably, suggesting a breakout may be near. If that is the case, watch $114 and $120 as targets to the upside. If we break down, then $94 should provide support. The lackluster performance at such...
Litecoin made an attempt to break our level at $114, but this was met with fierce resistance, confirmed by a red triangle on the KRI, after several red triangles confirmed resistance on the way up. We dumped back down to $105 after the FOMC meeting, finding brief support there. Currently, we are edging just above this level, though the price action seems quite...
Litecoin has hit our price target of $141, but then swiftly retraced back to comfort in the $130's. We found good support at $134, and are currently meandering in the upper $130's, suggesting a value area may be forming between $134 and $141. The level $130 should hold if we break $134. In the event of a further selloff, we should see support from $124, with a...
Litecoin has blasted off from the $130 handle to cross the vacuum zone above $134 to $141. However, $141 has provided prohibitive resistance, and we appear to have rejected this level for now, with a sharp selloff sending us back midway through the vacuum zone between $134 and $141. We should see support at $134, but after that we have $130, and $124 if needed. ...
Litecoin has regained the $130's after selling off and testing $120. We were wavering in the $120's after getting swiftly bought back, but have managed to edge back up to solidify the $130's for now. The Kovach OBV has picked up notably, but is starting to waiver, as the price levels off below $134. We are starting to see a bit of a buying candle pick up, but...
Litecoin to crash another 80% against BTC. LTC=Shitcoin See the chart. One of the worst looking chart of all time. Easiest leveraged short of ym life.
litecoin has now done a 60% pullback after doing a 75% pullback that was held on July 21st, 2022. great for reversal. it has respected horizontal support. it has printed bullish engulfing candle. bullish divergence maturing Entry : $131.6 Stop loss: $118 Target 1: $171 Target 2: $250 Target 3: $289 Btw I use a modified shark or cypher pattern and trade it to the...