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Litecoinforecast

Litecoin's Sign of Strength is Near - Buy (Wyckoff Idea)The 30 Min Litcoin Chart from the previous fall looks very similar to a Wyckoff Accumulation Schematic. These Schematics Can be found on any time frame. I have marked every point that you would see in a Wyckoff chart. We're jjust waiting on the sign of strength to "jump across the creek" Maybe have a little shake out before the distribution continues. We're at discount prices, the volume continues to gte lower and lower. Find a dip and go long. Any Wyckoffian's out there have any input? COINBASE:LTCUSD
KRAKEN:LTCUSDLong
by BodiesXWix
1
LTCUSD to see an uptrend(1D) | Bullish momentum observedMarket in last 1 week LTCUSD saw a dwontend and started riding the lower Bollinger band Price volatility was very high. The market moved ~16.15%, between $52.43 and $45.14 Today’s Trend analysis LTCUSD expected to see an uptrend as the price was riding the lower band with getting support from lower band and Bollinger band expansion Price at time of publishing: $48.6 LTC’s market cap: $3.17 Billion Oscillator indicators are mostly neutral. RSI at 40 in the neutral region Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities Volume indicators saw a decrease with low value for blue candles with a decrease in 20-candle moving average Price expected to see an uptrend as the price was riding the lower band with getting support from lower band and Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line approaching from below the Signal line, histogram size decreasing in the negative region. RSI at 39, in the neutral region below the midline. CCI at -96, still in the neutral region with an upmove. Another interesting point to notice here is that the volume saw a decrease with low value for blue candles with a decrease in the 20-candle moving average indicating a shift from sellers to buyers. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:LTCUSDLong
by Mudrex
10
LTCUSD to see a downtrend(1D) | Conversion line below baselineMarket in last 1 week -LTCUSD saw a dwontend and an uptrend after that moving sideways -Price volatility was very high. The market moved ~19.26%, between $64.38 and $53.98 Today’s Trend analysis -LTCUSD expected to see a slight downtrend as it has rejected from the same level in past with the conversion line below the baseline -Price at time of publishing: $62.9 -LTC’s market cap: $4.11 Billion -Oscillator indicators are mostly neutral. RSI at 57 in the neutral region -Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities -Volume indicators saw ups and downs with blue and red candles respectively Priceexpected to see a slight downtrend as it has rejected from the same level in past with the conversion line below the baseline. Most of the Oscillator indicators are neutral. MACD line approaching from below the Signal line, histogram size decreasing in the negative region. RSI at 57, in the neutral region above the midline. CCI at 54, still in the neutral region with a slight upmove. Another interesting point to notice here is that the volume saw ups and downs with blue and red candles respectively suggesting a weak selling pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:LTCUSDShort
by Mudrex
5
LTCUSD to move sideways (1D) | Support from midlineMarket in last 1 week -LTCUSD saw a downtrend and moved below the midline -Price volatility was very high. The market moved ~12.78%, between $63.87 and $56.63 Today’s Trend analysis -LTCUSD expected to move sideways as the price after getting rejected from upper band got support from midline -Price at time of publishing: $58.6 -LTC’s market cap: $3.83 Billion -Oscillator indicators are mostly neutral. RSI at 50 in the neutral region -Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities -Volume indicators saw a similar value of volume traded in the recent candles Price expected to move sideways as the price after getting rejected from upper band got support from midline. Most of the Oscillator indicators are neutral. MACD line moving below the Signal line, histogram size increasing in the negative region. RSI at 50, in the neutral region around the midline. CCI at -30, still in the neutral region. Another interesting point to notice here is that the volume saw a similar value in the recent candles around 150k being below the 20-candle moving average which decreased from 293k to 259k. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:LTCUSD
by Mudrex
5
LTCUSD to see a downtrend & uptrend after(1D) | High VolatilityMarket in last 1 week -LTCUSD saw an uptrend after getting resistance from the Upper band -Price volatility was very high. The market moved ~23.39%, between $69 and $55.92 Today’s Trend analysis -LTCUSD expected to move downwards for a few candles and then see an uptrend thereafter -Price at time of publishing: $62.62 -XRP’s market cap: $4.09 Billion -Oscillator indicators are mostly neutral. RSI at 60 in the neutral region -Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities -Volume indicators saw an increase until the price reached a high and then decreased thereafter Price expected to move downwards for a few candles and then see an uptrend thereafter. Most of the Oscillator indicators are neutral. Signal line approaching MACD from below, histogram size decreasing in the positive region. RSI at 60, in the neutral region from overbought region. CCI at -70, in the neutral region pulled back from overbought region. Another interesting point to notice here is that the 20-candle moving average decreased from 73.3k to 65.9k ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:LTCUSDLong
by Mudrex
4
LTCUSD to move sideways (1D) | Bollinger Band squeeze observedMarket in last 1 week -LTCUSD saw a downtrend after a rejection from 61 -Price volatility was very high. The market moved ~17.75%, between $61.1 and $51.89 Today’s Trend analysis -LTCUSD expected to see sideways movement as Bollinger Band squeezes -Price at time of publishing: $54.33 -XRP’s market cap: $3.58 Billion -Oscillator indicators are mostly neutral. RSI at 51 in the neutral region. -Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities -Volume indicators saw an increase in volume and after the spike volume eventually fell down Price expected to move sideways as Bollinger Band squeezes. Most of the Oscillator indicators are neutral. MACD crossed below the signal, histogram size increasing in the negative region. RSI at 51, in the neutral region from overbought region. CCI at -54, in the neutral region decreasing downwards from last few candles. Another interesting point to notice here is that volume from 118.8k reached at a spike of 275k and fell down again at 119k. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:LTCUSD
by Mudrex
6
Golden Cross of Litecoin ! #Litecoin #LTCHi guys, I know I have been mentioning Litecoin a lot in the past few analysis ,but I really see a Huge Potential here. Lets keep it simple; EMA 20 is going to cross over MA50 very soon on 4hr time frame. When you look past the most recent month, there is about %10-%50 potential upside after this golden cross. Make your own judgement. Some smart traders will join this ride pretty soon. Write this down my friends. #Litecoin COINBASE:LTCUSD BINANCE:LTCUSDT
Long
by Crypto_Tech_Analysis
Litecoin lagging behind but impulsive wave will follow very soonLitecoin has broken the daily descending structure so no more downside IMO.So If we consolidate above the market and don't go back into the structure we are totally fine. The probability of going upward is quite high compared to a downside option but we always stay cautious of the bitcoin move so if bitcoin doesn't ruin the show, Chances of Litecoin to make an impulsive move is very high, keeping in mind the last time bitcoin was above 10,000$, Litecoin was above 80$. So A 100$ Litecoin is on cards. Short term Targets are 70$ 84$ 120$ BINANCE:LTCUSDT
Long
by husnainashraf
3
Looking for the next Link right ? Hey guys, those who followed my previous analysis made quite a lot of profit. Especially on the latest Link Bull Run. Now we are looking for the next alt which will return similar size profits to us. When I check Litecoin chart, all technical analysis give sign for significant a bull run. Here are my thoughts below: Super Trend is Long in the daily time frame, The price is pushing up in 4hr time frame and about to break up the Ichimoku cloud There is a clear flag formation in daily time frame and close above 58.5 USD will break this flag up I expect a good bull run to new ATH after this break out. BINANCE:LTCUSDT #Litecoin
Long
by Crypto_Tech_Analysis
2
Litecoin | Descending Channel Breakout..!!#LTCUSD (Update) In Weekly Time frame Chart, LTCUSD Breaking the Descending Channel Pattern. So far Bulls Looking Strong & If Weekly Candle Closed Above 60$ or Descending Channel Upper Trendline, Litecoin Might Boost Soon. In Midterm (Bullish Case), It Might test the Major Resistance Area (Mentioned in the Chart) Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
BITSTAMP:LTCUSDLong
by Faibik
8
LTC/BTC LONG*Disclaimer* This is just my personal opinion on the market. Please due diligence before investing in highly speculative assets. Not financial advice. With BTC reaching heavy resistance, we are starting to see a lot of money flow back into altcoins. Litecoin's RSI is currently trending upwards towards the mid-level which has formed a weak bullish divergence. Stock RSI also trending upwards. A weekly close above the moving average will likely bring in the necessary volume to move up quickly. Feel free to follow me on my Twitter for the latest updates @psychedcypto, I actually entered LTC a couple of weeks ago but decided to post it on here as well since it began playing out excellently. If this benefitted you please consider leaving a like and following for more to come soon. Cheers, PsychedCrypto
Long
by PsychedCrypto
LITECOIN GETTING READY FOR MASSIVE BREAKOUT BEFORE 2021Yeah, really, i hope you are ready for this move. Looks like end of 2020 will be massive in crypto-gains. Do not forget to buy low and sell high. My personal levels for sell are on the chart. chart patterns looks very attractive, you may notice how price forming triangle shapes on the way and creating one giant triangle for last year. Current prices are quite good for buy and hold. Using stop loss is recommended. DO NOT RUN IN BIG RISK. Trade wisely.
Long
by ArShevelev
18
LTC/USDT: Daily Breakout Analysis 1D (Aug. 01)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Litecoin's daily chart in order to assess its breakout pattern and potential targets by identifying resistance zones and using the Elliott Wave theory. Analysis - To begin with, Litecoin has broken out of a bullish descending wedge formation, similar to EOS - Litecoin has been consolidating within this pattern for weeks before breaking out with immense bullish momentum - The Exponential Moving Average (EMA) Ribbon shows a golden cross as Litecoin broke out - Counting Elliott Waves, we can see Elliott Impulse Waves (12345) leading up to the descending wedge - Within the wedge pattern, it consolidated in Elliott Triangle Waves (ABCDE) - Having broken out from the pattern, it's anticipated that Litecoin would form bullish impulse waves once again - While the trend is extremely bullish, there are some concerns as well - Litecoin faces major historical resistance around 63.13 USDT - The Relative Strength Index (RSI) is also extremely overbought - The Moving Average Convergence Divergence (MACD) shows decreasing bullish histograms as it looks to potentially form a death cross What We Believe While the outlook on Litecoin remains bullish, based on current technicals, a small corrective wave is highly probable, considering the steepness of the rally. However, we believe that the bullish trend will remain intact, given that the degree of correction is not too severe. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
2
LTC/USDT: A Slow and Steady Uptrend 1H (Aug. 01)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Litecoin's hourly chart to assess its slow and steady uptrend, as well as significant support and resistance zones. Analysis - To begin with, Litcoin is trading within an ascending parallel channel - Prices are hovering above the 20 Simple Moving Average (SMA), which is located above the 50 and 100 SMA consecutively - There is strong support at 57 USDT, and 55.85 USDT - Given that prices remain intact within the ascending parallel channel, we could expect a continuation of the current uptrend. What We Believe Just as many other altcoins, Litecoin is on an extremely steady rally, looking to potentially break through new highs. Technicals on the shorter time frames show signs of a steady yet bullish trend. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
LTCBTC will tank again before sharp riseSomeone asked me if I could do an LTCBTC analysis, and here is my view. LTCBTC has been historically on the decline. Ever since LTC was created, it kept falling behind. At first it was the number 2 coin after bitcoin in marketcap, but it has been replaced by other coins. And since LTC unfortunately does not have very unique features, I think this trend will continue. So now that BTC starts its historic rise to 100-200k, what will that mean for LTC? We will see a small rise now, but as BTC really picks up steam later in the year and early next year, LTCBTC will tank again. LIke it did during the last two rallies. It will make new lows. I looked at the historic chart all the way back to 2012, in LTCBTC it just keeps getting lower and lower, unfortunate, but that's how it is. So now, we'll probably make a new low in the next 6-12 months, before the usual super sharp altcoin pump rise at the height of the bitcoin rally. Hope this helps!
Short
by SebastianofMoon
18
LITECOIN BREAKOUT|STUCK IN THE RANGE? Litecoin has had its own breakout against the dollar, just as every other asset, as the DXY is falling like a rock. However, as this breakout is universal, that means that it is a sign of the dollar weakness, not a sign of any particular strength of any asset per se. That means that as soon as the dollar finds its bottom, Litecoin, having broken the resistance, might have a chance to get stuck in a range outlined on the chart. Currently, following the range logic, the decline might proceed till the first minor support. Then LTC either bounces to retest the resistance, or the support fails and we get to see how the green line stands. A possible long near the support line, a certain long at the green line, possible short at the red line. Always try to wait for a confirmation. Thank you for reading, like and subscribe and have a nice day.
KRAKEN:LTCUSDShort
by ProSignalsFx
2
LTCUSD has bounced from the supportHey guys and gals hope you are doing well and welcome to the new update on Litecoin. In my previous post I was expecting that the price action has completed the final leg of bullish BAT pattern. But the final leg retraced little bit more down up to 1.281 retracement level and changed its pattern from BAT to bullish Crab pattern. After entering in the potential reversal zone pirceline moved up by 15%. Previouse post: Current Crab move: Finally priceline is moving up from the support of channel: The priceline of Litecoin has also formed in up channel after the mid of March 2020. And since 26th of June the priceline was moving at the support. Now finally the price action has started upward move and likely to make another attempt for the break out. Descending triangle and volume profile: If we switch to the long-term weekly chart then LTC coin is also moving in a descending triangle. After taking bounce from the support on 9th of March 2020 the price action is moving at the centre of this triangle. After placing the volume profile on the complete price action moving within descending triangle we can get the reason why the price action is moving at this level. And it can be clearly observed that the point of control of the volume profile is at this level. Therefore the priceline is moving around this point of control. However, if we watch the trader’s interest as per volume profile then it is at $85. Therefore it will be easy for the priceline to move up to this level. And in order to reach at this level the price action will need to breakout the resistance of this triangle. Conclusion: As the price action has already bounced from the support of the descending triangle and also has taken bullish divergence from the potential reversal zone of Crab pattern. Therefore we can expect that the priceline of Litecoin can make further upward move to reach at least up to the resistance of the triangle. However, we should set our stop loss point at the support of an up channel that is formed on the daily chart. Because if it will be broken down then priceline can start a downward rally.
COINBASE:LTCUSD
by moon333
1