#Litecoin has broken the 6-month resistance trend line and has come down now to re-test the trend line resistance line, now in the form of the support. After the fifth test of the trend line, the price action pushed and closed comfortably above the trend line. A re-test will either result in an impulsive move higher as the new bulls ride the new trend or will come...
Litecoin seems to have bottomed out for now. Macd has crossed bullish with MFI giving a buy signal. Possible increase of 25% Your thoughts?
Litecoin is almost at the point of breaking down. It has tis major support at 72.5 and when it breaks it, we are in for a drop to $50-ish levels. We may not see the continuation today as we have 7 red days behind us (in BTC) so we may play around for few days but in the next BTC drop, I think LTC may go to near $50. Just wanted to share this quick update, let's...
Litecoin has been moving against MA50 without being able to break through of it and that’s why MA50 should be considered as resistance. The price is located close to the intersection of important levels such as linear resistance levels (MA50, downtrend line) and support zone ($81.7 - $79.5) which is located near to 0.618 fib level. If you didn’t know that most...
Litecoin Facing a mojor correction at the moment while btc having a upward breakout. LTC touching down a trend that starts back in May, 2017. looks like LTC finds a support here for an uptrend,(Major support at 0.01..). 5 waves has been completed. #ProTip market generally doesn't reverse until every margin has been called, every stop loss has been triggered and...
Litecoin appears to have completed or is very close to completing a Wave IV triangle, and should be starting Wave V up. If this plays out, LTC should take out the December highs around 400
Litecoin Continues to be the weakest of the the top 5, recently made a lower low where the others held a higher low. The volume overall is still declining, you could say that the bears are running out of steam, If true then the bulls are not showing much strength either. Watching the triangle, a break above we should have LTC retest the recent high of the...
Litecoin is a sell on bounce to the broken trendline. Buy on the Dips to 100 Week Ma Area
LITECOIN Forecast 5.06.2018 Don't miss DOUBLE BOTTOM formation!
Litecoin reached a strong support zone which reversed the market 2 times in the past. This zone can be a bottom and a starting point for a new upward movement to the downtrend line at least. RSI confirms a price reversal. MACD histogram supports the upward movement. DMI is bearish and it confirms the strength of sellers. For a reliable buy signal, we should wait...
Litecoin is looking extremely bullish and has a huge support under it. Accumulating now under 0.0158 Seems like a very good idea! RSI and STOCH RSI looking oversold, hitting 50% fib level and also very bullish in probability indicators. Stop loss MUST be place under 0.015! (Arround 5% loss if hit).
Litecoin market is looking interesting right now as it's trying to find bottom and hits the support zone second time. This zone is attractive to open new trades and requires a bit patience before doing so. Keep in mind that this area needs to be tested before considering buying in to it. On the chart you can see a bullish divergence forming and it's matter of the...
Litecoin is warming up, fasten your seatbelts!!
Litecoin seems to be gearing up for a breakout sooner rather than later. Best way to trade this is to go in after the breakout and if prices stay above support (what was prior resistance) Entry: After breakout and resistance becomes support TP1: 0.0204 TP2: 0.0218 TP3: 0.0235 Stop loss: 0.0163 or below support after the breakout. In the case of a failed...
Litecoin Target: See chart
Litecoin breaks the downtrend line and the price could go up to the next weekly resistance level.
Litecoin stuck trading in channel on the 4 hour chart. Returned to strong resistance at $113 but forming descending triangle on 4 hour chart with an apex occurring tonight or tomorrow morning. Wicks could go sub $100 - potentially even as low as $80 - but I don't expect them to stay there for long. My buy orders are set at strong support zone of between $100...
Litecoin and bitcoin just fell below a bullflag, confirmed on high volume, and then threwback partially; this setup is particularly bearish and I've taken some losses of trades, unable to deny the bearish setup. I've included 2 seperate price targets for short-selling or buying back in from cash.