Litecoin has refused to breakdown from our head and shoulders pattern. The neckline at $195 has continued to provide support. However, this may simply be an extension of the second shoulder, which seems to be bounded by $209. It will take some momentum to breakthrough this and we wont be fully out of the woods until $227. If we do breakdown, $184 or $174 would...
Litecoin is currently sitting above wedge resistance. Closure above this resistance level on higher time frame would indicate a strong confirmation of continuation upwards. If candle closes back inside wedge, there’s a good chance that we can see this rising wedge complete with a break in support. The 100EMA (blue) marks critical support. If we do happen to...
Litecoin is facing some major resistance at $209 and it looks like we may have a double top at that level. We are getting some support from a trendline. If this does not hold $184 will provide support then $174. The Kovach OBV is gradually moving up, but it looks rather weak. Although $209 is a significant barrier, if we can break this then there is a vacuum...
Litecoin appears to be trying to breakout from a bull wedge pattern however it appears to be facing a lot of resistance with $200. This is a psychological and technical level what LTC must cross before considering relative highs again. After that we have one more level at $209 to contend with before we break out into the vacuum zone to $227. If the pattern...
Litecoin will rebound from current 170 support. The last strong support was around 114~120 region at end of January. RSI is heavily oversold. Disclaimer: Trade at your own risk.
Litecoin recently followed BTC to break out of its current trend (white lines) and is now testing a wedge (green lines) on the upper side. Hence, I figure it is largely dependent on the trend of BTC, but if BTC continues on its upper trend, it looks like a break upward is likely. The fate is largely dependent however on the fate of BTC with still some...
Litecoin has found support at $169, a technical level. The Kovach OBV and Chande were both very oversold last night and we saw a green triangle here at this level which provided an excellent signal to enter a long trade, at least for a quick scalp. This may just be a brief pullback into an overall bear trend however, so be careful. The Kovach OBV is still...
Litecoin is trending upwards, but appears to have pulled back. We are finding some support at $184, and if this level holds we can expect it to range or make a run for $202. We are in the middle of a vacuum zone, so if we see some momentum this could happen quickly. The Kovach OBV seems weak with respect to other cryptos, so we could see further retracement. ...
Litecoin made almost nothing. All big alts made new new ATH except LTC. Sell volume is going down... focus on this coin, maybe soon will go strongly up.
Litecoin found support in the low $150 handle, finally getting a lift from the selloff. It appears to be one of the weaker cryptos, only recovering 10% or so from lows. We anticipate another buying wave to eventually set in. But the Kovach OBV has barely moved despite some nice momentum in Bitcoin, so we are cautious. If we have not hit the max pain threshold,...
Litecoin is at an extremely critical point on the 1D as it has the possibility of crossing back into a favorable long position if the price closes above 179 USD. Historically in times of week-long bear trends, we generally do not see a return to weekly trend normality immediately, so expect some volatility in the coming weeks (especially if price closes below 175...
Litecoin got smashed along with the rest of the cryptos. We have smashed through multiple technical and fibonacci support levels to test $158, which is near monthly lows. The Kovach OBV is very bearish and that should be pretty obvious. At this point we are oversold and due for a technical retracement even if it is a proverbial dead cat bounce. If we do get some...
A trendline breakout occurred at $212.916 with a pullback in play. After the pull back is complete, I expect litecoin to short to $165. What do you think? Share your opinion in the comment section.😇 Please support this idea with LIKE👍 if you find it useful.🥳 Follow me to receive more contents like this.🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not...
Litecoin has dipped quite a bit as well. It seems to be finding support at a new technical level, which aligns perfectly with $200, a strong psychological level. watch for support here. If not, it will easily slice through the vacuum zone to $183. Current levels should be viewed as buying opportunities, and if we see lower levels, it should be considered a...
Litecoin was able to breakout to new relative highs yesterday. We anticipate it testing $210 again and then breaking out. We are delighted to be wrong about this and have left the arrows on the chart anyway. We still predicted the breakout correctly, though our profit target, $252 is a bit more aggressive for LTC than it is with the other cryptos. If LTC loses...
Litecoin is currently facing resistance around local highs. It is expected that these highs will be breached soon, catapulting LTC to the 1.618 Fib at $361 before facing a small pullback. After that, the breakout will be continued all the way to the 2.618 at $558, after which another correction will follow.
#Litecoin | $LTC / usd is on it's way to #Paypal. Enough Said! #Bullish Best Regards, Miguel
Litecoin has been a slow starter from my perspective! But when I look at the LTC/BTC chart, It looks ready to explode, LTC is probably one of the safest bets left in crypto right now! This will only pick up steam from here, I am increasing my posistion on ltc on every dip! Margin style!