LTCEUR trade ideas
Possible ABC correction in play LTC This could play out but there has been many bullish signs for the last couple of days, c wave could retrace to 0.5 fib level, but considering how bullish its been, I cant see c wave retracing past 0.312 fib level. only time will tell, just gonna see how it plays out for now and buy back in at lower levels.
Sorry for the messy chart guys, still learning EW theory and TA in general, still have a lot to learn but would love your feed back and thoughts on what possible play you guys see happening.
LTC correcting from Elliott wave structureLTC is currently correcting from the Elliott wave structure prob till 0.5 or 0.65 fib lvl and is forming a downward channel.
After correction I think we are going to see the 3th wave of the bigger Elliott wave structure that it is forming.
NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep.
If you want to donate crypto:
L T C : LgdvQDGv4v4krzdmVmozSopdvcLUbpj3Ye
B T C : 1Dx6c5e4BNaDMtSBp53dWGExYJccxmqc7k
E T H : 0x43e36a719c407285ec3c967857d13e9926771b78
X V G : DFT1FpC1d9MBHfFB7M4UPjorQEfJuFQEoh
LTC potential sell orderLitecoin is forming a nice wave structure after breaking out of the massive downward channel it was in.
Around € 140,- € 150,- the correction for the Elliott wave structure will probably begin due to that range also being a resistance line in general.
I would advise keeping an eye on it.
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
If you want to donate crypto:
L T C : LgdvQDGv4v4krzdmVmozSopdvcLUbpj3Ye
B T C : 1Dx6c5e4BNaDMtSBp53dWGExYJccxmqc7k
E T H : 0x43e36a719c407285ec3c967857d13e9926771b78
X V G : DFT1FpC1d9MBHfFB7M4UPjorQEfJuFQEoh
LTC short term bullishLtc short term target is 120eur (150usd). EP is asc triangle break at around 113eur. SL is at fib 0.786. RSI and MACD are neutral so both scenarios are possible. Wait for higher volume.
LTCEUR ::: retracement Already few days of uptrend...what a breather.
All indicators at all times frames show and exhaustion I cannot see in the candles(daily, 4h, 1h). And no signs of divergences between all indicators.
Volume is steady for few days now and I do not see any pattern/candles formation.
LTCEUR tries to brake resistance at 119.53 while BTCUSD tries to brake the 8500 but needs more volume to do so.
Also I think that after few days some people want to cash out.
I ll wait until
There is more volume, in that case ill take profit at 129
or LTCEUR bounces from the 119 support
or LTCEUR retraces and bounces of the fibonacci retracement (which I hope I used correctly) at 116
or wait for a BTCUSD brake off the 8700
Any feedback is appreciated
Litecoin - Heikin Ashi, trend analysisLooking at the LTC chart with Heikin Ashi candlestick pattern, we can see the trend much clearer, and things are looking good with a strong uptrend, all green candlesticks with high wicks, which indicates the trend is currently strong.
However, I don't think we are completely out of the down trend just yet, price needs to make a higher high on the daily before i'm convinced, and that is shown by the first red line.
I do think we have a good chance of continuing up to this red line though, and taking profits here would probably be something to think about.
(this is not financial advice)
Litecoin divergence, price drop coming?Especially as we are approaching a key resistance level, RSI divergence, and a decrease in volume, could mean a big drop... (i do hope i'm wrong on this!)
Litecoin, key resistance level (price and RSI)This looks to be a very key resistance level for Litecoin right now, if we can breakthrough then i would expect a retest of this line as new support, then a breakout. Interesting to see how this plays out...
Litecoin RSI divergence, price drop coming?More divergence on Litecoin, indicating a price drop very soon?
LTC correction taking place, potencial buy orderAfter LTC broke out of the 15 day downward channel but it was beared down to within the downward channel again.
Potential upward channel starting at 0.5 or 0.65 fib lvl and another break out but now with enough volume perhaps?
LTC getting tighter...LTC has been channeling down for 1,5 month now, it was about to break out but retracted.
Volume is picking up tho and projects are getting ready to release in the coming months, I think we are close to 1 last dip or a compelling breakout.
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
14/04/2018 Technical Analysis of LTC 14/04/18: Big wedge was breached, signal of BULL trend, but during a mid-cycle. It's likely that the cycle needs to finish before BULL goes on full run.
3 drive to a bottom Three drive to a bottom
....And positive divergens on RSI should give u a bounce here.
Happy trading!
Pattern? Loop? Riff? LTC!!!Hi to All! This is my last think about the rally of the last hours.
We can go UP...but i prefer wait if/when the pattern will complete--
I'm just a man....dont take my think like a financial inversion
Is the time for the Bulls to go to the beach?Hi to everyone! On my chart (but WHO I AM?) Litecoin is out of the 4 months Bear's season.. After broke the triancle top resistence, if the actual candle will close out of the triangle I think the motors are switched ON and warming for the next season behind Spring & Summer ....maybe this time, the Bulls wannna go to the beach?
If you like my Chart click YEAH and comment..
I'm just a MAN....don't take my opinion like an investment suggestion
LTC prediction: Bulltrap or Breakout?First we need to correct from the last small elliott wave structure, after that I think it can go either way. Be prepared.
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
