LTC/BTC (Litecoin) (Weekly)
Holding Weekly Support
Above Weekly 20EMA
RVI-RSI Both Bullish
It'll Boom Soon Due To Halving In August.
It's Also Following BTCUSD
Both Resistances Mentioned In Chart
Strong Resistance Is Our Final Target Until Mid July
46% Profit Expectations So Buy & Hold Some
Conclusion for today’s Litecoin analysis:Price close above ~84.28 implies further upside or bullish momentum in Litecoin.
Litecoin analysis for today uses a 1 hour timeframe to explore opportunities, long or short. Chart inspection is from the most recent price peak of 99.43 on April 03, 2019 to current date.
Market action that ensued after the April 03, 2019...
Increase in bearish strength and failure of consolidation around 54 implies more selling. Target in this case would be 42 or lower.
Litecoin analysis for today is carried out on the 6 hour timeframe . Previous analysis highlighted the tentative channel to provide context for bullish price action since the 22.844 price low achieved on December 14, 2018.
Conclusion for today’s Litecoin Price Analysis:
Litecoin price analysis for today is presented on an intraday timeframe (1 hour) with the main purpose of exploring the current chart pattern(s) under formation. Coverage of price action is from April 02, 2019 to current date.
Breakout from a region of consolidation saw the price of Litecoin make a move from...
Conclusion for today’s Litecoin Price Analysis: Price closing below 54.23 presents trouble for Litecoin.
A logarithmic scale is used in today’s Litecoin analysis on a Japanese candlestick 6 hour timeframe chart. Litecoin successfully breaking out of its previous bullish channel on April 02, 2019 and its implication is attached below the current post.
A few days ago I talked about how good April is going to be for Litecoin. My target was of around $82 and we have reached $84 already, way before I expected. Bitcoin has made a huge green candle up to 5100 in major exchanges and is facing now what it could be the beginning of another big and last impulsive wave down. I´ll talk later about how I see the market in...
Conclusion for today’s Litecoin price analysis: Current bullish trend in Litecoin should continue with the width of its bullish channel providing a minimum expectation for the price of Litecoin.
Intraday Litecoin analysis for today is carried out on a 6 hour timeframe using a log scale. Previous post about the bullish move in Litecoin can be found here. Current...
A few days ago I published an idea talking about the LTC retracement taking place, the days are passing and the price is going further in my direction. The retest of the channel is inevitable if the price wants to continue inside of it, so I consider this correction a very healthy movement. But could really LTC go towards $80? Absolutely, in my opinion April could...
Conclusion for today’s Litecoin analysis: Higher price is expected with support anticipated between ~$45 and $42.
Litecoin price analysis for today is examined on a logarithmic scale using the 6 hour timeframe. Primary focus is on price action starting from the December 14, 2019 low of ~$23.05 to current date.
The long term bearish trendline in Litecoin was...
Just got this (hopefully) nice short entry, for myself and friends I manage for.
I know what I'm doing, it's not just randomly chosen. Most would probably not have the guts posting a trade like this. I'm not perfect though and there is a considerable chance that it could go wrong.
If my thoughts are correct, it should go down right from here, and fail...
Hello guys !
Litecoin is following a rounded bottom pattern for 2 times in 15 Minute chart and it made the first target now heading to made the 2nd target. This opportunity do not comes always, You can read the chart and do short term trade with 2X to 3X leverage for small profits.
Conclusion for today’s Litecoin analysis: A break above Litecoin’s long term bearish trendline provides further evidence of a trend change and bullish bias.
A logarithmic scale is used on the 6 hour timeframe chart for today’s Litecoin analysis with coverage of over 8 months of market action. Of great importance is the major bearish trendline in Litecoin that is...
Conclusion for today’s Litecoin technical analysis: Conservative entry into a long (buy) position(s) involves buying a breakout above $39.62
The 6 hour timeframe candlestick chart is presented in today’s Litecoin price analysis with coverage of market action over the past 5 months.
Downward momentum was maintained up until price hit a low of $22.84 on December...
Conclusion for Today’s Litecoin Technical Analysis: A break below ~27.34 implies continuation of the current bearish trend in Litecoin.
A logarithmic scale is used on the Daily timeframe for today’s Litecoin Analysis, and price action from December 12, 2017 to current date is examined. The chart pattern used to highlight the trend in Litecoin from December 12,...
Litecoin pumped over 400% during the first halving in the middle of a bear market. This is an updated version of a previous chart with a risk/reward ratio of around 3 to 1. I expect the pump to be less than the first simply because there are more coins above litecoin right now than there was in the last bear market.