Litecoin LTCUSD LONG in my very shortterm channel#Bitcoin #Ethereum #LTCUSD
Hello to all watching my charts
Nice situation here in Litecoin today
As showed yesterday we have made the move above 118.00
(you remember the arrow and my update ? )
and in the very very shortttime channel we re now in a long situalation
Now everthing depends on whether the support at 114.50
(lower black line) will hold or not.
IF ! it hold "stay long" or "go long" would be to shout
BUT be careful, the timechannel is extremly shorttimed
so the chance that it hold or not is even 50: 50
Will the low support fall, we will be back in short terratorium at once !.
Good trades
If you want to support my chart and my wokr, pleas like them
Renkotrade
Ltcusdidea
LTCUSD SHORT Till MIN 112.20 or much worst#Renkotrade
Hello to all watching my charts,
In the fall of all crypto currencies there is one crypto which seems to me
one of the worst and so one of the best short trades.
So lets have a look at
Litecoin / USD = LTCUSD
The pair had had found af fine bottom at 112.20 and started an impresssive rally
from this point to nearly 134 which is 20% up !
Than we had seen unfortunately broke of one support after the other.
First 127.50
Second 127.00
Third 125.80
In additon the trendline long brake
(All these breaks to the low i have marked with black lines here)
If now if you will go long , for a trendchange we must see
minimum the 115.00 in 2 days
or thats the opposite scenario , if the last support at 112.00 will break
the pair will be traded much lower in my eyes.
So be carefull with long engagements here,
check the next days and we will have a decision here.
Good trades
If you want to support my woerk and my charts , please like them...
Renkotrade
But than in the fall of all cryptoswe have now a fall below 3 supports
(sown in black in my chart) and after that no botom is to see.
LTCUSD approaching resistance, look out for a potential reversalLTCUSD is approaching its resistance at 142.12 where it is could reverse down to its support at 87.33.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Litecoin Short Becuase Doji Signals A ReversalWe all know doji patterns after an uptrend suggests a reversal. LTCUSD saw yesterday form one of these patterns. However, the difference between LTCUSD's doji yesterday is that it did not really come at the end of an uptrend. Rather, price action has moved mostly sideways over the past week of trading. Because of this, I would not start lighting your hair on fire and selling all the Litecoin you have. On the other hand, stochastic and RSI remind us that we have a bit of a ways to go before overbought signals are flashing. However, once they do, get ready for the exits as price action in LTCUSD can move incredibly fast. For more analysis, check out www.anthonylaurence.wordpress.com
LTC STILL HAS MORE ROOM TO PUSH UP!! (HOLD ON TO YOUR SHORTS)Hello friends , long time so see. LTC is finally getting some of the recognition it deserves, recently hitting .015 BTC on it’s way to it’s ATH at .02. I want to point out something many traders have been overlooking. As you can see on the hourly chart , we have some hidden bullish divergence. Notice the MACD going down while price, going up / staying steady… Same thing with the BTC chart. Market cap is growing while prices are being pushed down… Signs of accumulation. If the current trend continues , when the MACD pushes up the price will boost. I have some small sell orders around $59 and $63 USD hoping to maybe catch some wild price swings. If BTC can boost to 4200 we should see a pretty good upswing with LTC. I’m mostly a HODLer, finally back above water this month with the boost of ENJ coin. Hopefully some of my followers got in on that too. I really like LTC for a long-term pick. This is a very risky trade for the short term, but very solid in the long term. If BTC dumps , LTC will dump also, so please be aware of the downside. Please leave a like and subscribe , as I try to only post quality original content.
I am not a financial advisor and this is not financial advice.
Is LTC Still Bullish Mode?? 1. As we can see 21 EMA daily is still green, which indicates we are still bullish (Green colour)
2. Support is around $ 43. Be careful if the price is under $ 43, it will turn 21 EMA daily to red. (Blue rectangle)
3. The closest resistance is at the 200 EMA daily around $ 51 (Yellow Colour)
4. This bullish trend target is around $ 63-70 (White Colour)
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5. If you missed the train, you can place order around support price with tight stop loss.
Good luck to you :)
Bearish Signals on LTCUSDThe market is giving many mixed signals but here is my view on BITSTAMP:LTCUSD . BITSTAMP:LTCUSD always seems to foreshadow BITSTAMP:BTCUSD movements. I have a bearish view of this market right now, but I honestly cant give you my definite view. This has been a no trade zone.
LTC LONGTERM analysis Hi everyone and thank you for following and supporting me, I will try to do an analysis everyday on larger market cap coins. Make sure to like and follow as this helps other traders to find my content that they may find value in. Thanks!
As you can see above the overall long term forecast on LTCUSD. Looking at a technical analysis standpoint we are in a market cycle and i am expecting LTCUSD to go lower most likely in the $3.00 to $4.00 range where we will find the bottom. We will have a sideways period up until 2020 which is when i expect the next rally to start.
THANKS! LiquidMEX
!DISCLAIMER! THIS IS NOT FINANCIAL ADVICE ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING INTO ANYTHING.