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Litecoinprediction

LTC back to $40 - $60?The image explains itself. Although it’s in euros, the behaviour is the same. I have to say I haven’t got any LTC and not planning to buy anything, so I’m not biased at all. It’s just an idea of what it could happen to LTC. Take your own risk when investing. I’m not responsible of your actions. As you can see in the previous pump that I have circled in red, everything that goes up, has to go down, and I’ve seen a lot of posts saying it will going up. To be honest, it’s a possibility, but use your common sense and don’t think it’s always going up, since it has to go down one day and “land” again. Once it “lands”, it has to run through the “runway” to go up again. That said, I think it will go down, touch the bottom after some small or acceptable pumps, and wait for people’s fear to stabilise. It’s a correction, but not the end. Again, trade at your own risk. I will not be responsible of your actions.
by Andbcoin
12
LTC formed symmetrical triangle on daily? $470 to $500 potentialLTC seems to have formed a symmetrical triangle on the daily chart. If there is an outbreak to the upside, prices can potentially reach $470 to $500. The following conditions have been met for the symmetrical triangle. 1. The general trend of LTC is to the upside. We have consolidated in the triangle after a bullish move. 2. The triangle has been formed with 3 points on each side. 3. We can see the volume reducing 4. The triangle has a duration of 3 months 5. The breakout will be occurring at least 3/4 of the way through the pattern Still waiting for the following. 6.We are still waiting on the breakout direction. We need this to be to the upside for the prediction of $470 to $500 to be achieved. On the whole market is looking positive and news is positive from G20. The G20 summit is still going on till end of the day. As long as there are no negative news, a breakout to the upside is highly likely. 7. We are still waiting on the breakout confirmation. Let's wait and see where the breakout occurs. I am leaning towards the upside. Any feedback and comments welcome. Still on the path of learning technical analysis. These are just my opinion. DYOR before using anyone's opinion for trading.
BITFINEX:LTCUSDLong
by GBBBKSA
3
Litecoin - The Quest of the Ascending TriangleLooking at the BIG PICTURE and the long term for LTCBTC we can see this beautiful ascending triangle we have been forming since early December 2017. I have two lines on the upward slope indicating 2 possible scenarios for this to fulfill. Currently as we speak the DMI is oh so close to touching but the + is still on top. The ADX is above our signal line showing strong support of the trend, and the RSI is still holding on my upward line showing we are still seeing higher lows. Keep in mind, this is LTC/BTC. So not to confuse anyone, but we can drop on this chart and the price of LTCBTC can still go up in dollars, all because of the price of Bitcoin. This shows growth with Bitcoin and how Litecoin reacts with it. Currently Bitcoin is going up and LTC is staying around the $185 - $190 mark and that is why on this chart we are dropping. (or vice versa, if Bitcoin price falls and Litecoin stay roughly the same price we will still Litecoin go up on this chart) This can be used as a good indication as to how Litecoin will react to Bitcoin and shows when we reach a certain level we can expect/ anticipate/ predict/ forecast/ etc. what could happen next. We need to see LTCBTC bounce off the support here and see the Directional Movement stay as it is and NOT cross. This will help show strength in Litecoin and we should then begin to see stronger price movement perhaps back up above the $200 mark. Thank you for taking the time to read! IF I get 15 likes I will post an update! Happy Trading :) Much Love DustyPH *all comments are welcome* ***This information is not a recommendation to buy or sell***
Long
by dustyPH
Going down down baby, your street with LTC! (PT. 2)Good Afternoon. Just wanted to put out a quick snapshot on LTCBTC . Currently, looking at the DMI, the -DM and the +DM have touched and tried to cross 3 times recently, but it has failed to do so signaling failed attempts to break out. All the while the ADX has stayed relatively low showing there is not really a trend going on here. If you look on the RSI we can see we are producing lower lows and still trending in an upward motion while the price continues to drop. This can signal a bullish divergence when the RSI is holding above it's prior low while the price is moving to new lows. These tend to be more robust after an oversold reading which is what we saw on 3/2 on the RSI chart. SO, by looking and analyzing the DMI and the RSI we can see that even though the price is dropping at the moment we are still showing signs of strength, and our support line is holding. IF LTCBTC were to fall below this support line we could head south quick, but if we hold here we could see a nice bounce back up to the next support/ resistance line of around .0195. Also, keep an eye on the RSI, if we fall below our most recent low or below the trend line this could be a bearish signal as well. If you wanted to take the risk you could buy with setting a stop loss just below the support line. However, waiting to see if we can break above the support or below to confirm which direction we are headed is ultimately be the best move for now. Any and all comments are welcome! Happy Trading :) Much Love DustyPH ***This information is not a recommendation to buy or sell***
Long
by dustyPH
1
Can LTC find new highs?!?Yes, another post on LTCBTC ! Just wanted to get this out to show what we are seeing on the STOCH RSI, RSI, and CCI on a 4 hour mark. All 3 are beginning to fall which could show signs of weakness and being oversold. We have had another rally but could not reach the previous most recent high of .02490. We topped out around .02381 and we have started to fall again. We could see LTCBTC fall back to test the green uptrend channel around .02000 or even touch the support line again around .01947 - .01975. If it hold this and bounces off the support we could see another rally up and I expect to break the resistance line and find a new high, IF it were to fall below we could see a fall back to the second support line. ALSO, today is supposed to be the release of LITEPAY, should make for an interesting day! Happy Trading :) Much Love DustyPH ***This information is not a recommendation to buy or sell*** *Please leave a comment and let me know what you think!
Long
by dustyPH
3
LITE-ing the way - LTCSee the light in LTC (LitePay launch in 6 days) Here are my thoughts on [ LTC/BTC and where it will go in the next few month. I think this is just beginning to find its support around the .02 range and will dance around there for a while. It looks to me like we are forming an Ascending triangle in which often resolves to the upside with the rising trend-line eventually overcoming the overhead resistance. I believe that LiteCoin will continue to progress upward, break the resistance of this ascending triangle and find new support at the top of this triangle. However, we need to watch very closely in the next few days to see if this support can hold, and also what BTC will do as if it begins to fall it could pull LTC/BTC with it. I am a big believer in LiteCoin but I am only basing this off what I see in the charts and I will be monitoring this closely to see this support hold. Also, LitePay is still confirmed to be released on the 26th next week! This will be a game-changer. "LitePay users will be able to convert litecoins to dollars and vice versa through the Visa-compatible LitePay cards, which can be used at all cash points or business that support Visa payments. The LitePay Visa card can be used wherever Visa cards are accepted and takes the money directly from your Litecoin wallet. LitePay will charge a flat 1% fee per transaction, compared to standard credit card fees which are around 3% and the BitPay transaction fee of $5 dollars per transaction." Happy Trading :) Much Love DustyPH ***This information is not a recommendation to buy or sell*** *Please leave a comment and let me know what you think!
Long
by dustyPH
LTC/USD After a fork, looking bearishPosition: Leaning Bearish. Not as many Bearish indicators on LTC as there are on ETH. But enough to make me think this is going down. Perhaps one of the biggest reasons LTC will go down is it will be dragged down by ETH and BTC. ETH has a solid reversal set up to drive it down further. If LTC dips, I REALLY like the set up we have here. I will go into that at the end. Bear indicators: 1. MACD averages crossing down, but... still in positive territory. 2. RSI is in oversold territory and broken it's trendline to the downside. 3. It's consolidating - You could argue it's consolidating to move up, or down. I would lean more towards the bulls are temporarily out of steam after a fast high volume run up. For all of this to be confirmed, we need a break of that $205-210 support level . It might channel a bit before it does, but we'll have to see. I will be a strong buyer at the 160 area and an even stronger buyer just above $110 if it gets there. If it keeps going up, no big deal. Made some money with this run up and the fork and will wait for another opportunity to present itself. Buy level 1 at the 160 area: Has nice support and a FIB point. Buy level 2 at the 110 area is a major bottom. Happy Trading -Sherem
BITSTAMP:LTCUSDShort
by Sherem
20
Litecoin 50% Fib sell off as expected. Next 61.8?Guys today we saw Litecoin selling off from the 50% Fib level. It is common for Algo s to sell off the 23, 38, 50 and 61.8% fib levels when the market recovers from a down trend. This may sound chinese to you but just imagine the downtrend we had since december. A fibbonacci level is drawn from the All Time High to the Bottom of the retracement we saw. the levels represent 1 to 100 % and each level in between creates reaction. In this case, in crypto especially we see that when the markets recover from a deep low, that algos tend to sell each and every touch of such a FIB level up until the 61.8%. Once we break the 61.8, and we RETEST on the upper side of the 61.8% line, algo s tend to BUY again as a resumption of the overall uptrend. Trading these levels can be very rewardin but you need to know what you are doing and set LIMIT orders. Dont sit there watching it thinking, ohw it will blast right trough it. It most often wont. And if it does it will come back down to retest the level it broke and you can still FOMO in if you cant handle your emotions. so have we seen the bottom? Yeah on Litecoin i m pretty sure, last sell off on BTC Made litecoin create a double bottom and not a lower low telling us litecoin is holding up strong compared to Bitcoin. It are great times, the traders market is coming back and we can recover from losses or a quiet time depending what your position is in the market. Watch these levels, hold if you re not comfortable or use stoplosses. But its an easy to understand strategy. Just dont overtrade, trade the major levels only. I trade Altcoins and Bitcoin 6.67% 1.55% 5.23% on these exchanges because they are the most secure, easy to use and lowest fees on the market: Binance: (ALL Altcoins to trade here!) www.binance.com Coinbase: (get up to 10$ free CREDIT if you use this link ;) take care) www.coinbase.com
BITFINEX:LTCUSD
by BTCryptowatch
LTCUSD - Litecoin retesting $100 soonLooks like the current dip is hesitating for right now but I'm convinced it's heading down some more soon. Expecting a deeper dip than last time, possibly testing $100. Might sound crazy, and I'm sure i'll be scoffed at by all the lambo/moon/permabulls, but they've been wrong since ATH, and are only now accepting that there has been a downtrend. Still, I laugh at them when they see the price rise a little and start shouting 'to the moon'.. only for it to come back down again. It's not that hard to understand, we're in a downtrend, have been for a while now, and it's safe to expect it will continue to go down... all of crypto is completing a massive chart formation - head and shoulders: www.reddit.com
COINBASE:LTCUSDShort
by welliguessso
All aboard - Litecoin swallowed the Green pillNext Stop: 307.50 Potential 17% Gain from $261 10-12 Hours Later a six (6%) pull back to $289 8-10 Hours later 11% increase to $320 That's my take on it. Could jump past $307.50 to $320 or $350 or higher if news comes out toorrorow. If you like this and you find success, share the love with a tip: (LTC) Litecoin: LYcKnmHmTk2dJLvaXPSZEQXk35UkbyenLa (ETH) Ethereum: 0xF4cc1A998fE12b7Db3F12D34E50b5EdcF87bbaa7 (BTC) Bitcoin: 1ZLLdW2fsYqNwN61bmc2fN7ouqTytB6aq (DCN) Dentacoin: 0x0b790d87ccd633a547155c66f2084f199eceefea (POE) Po.et: 0x6ab91351abef8c0b792651b25939784889e97bc2 -Chad Smith
COINBASE:LTCUSDShort
by chadsmithx
Price Prediction For LitecoinPrice Prediction For LTC BTC Trading Pair. This is the 1-Day Trending Chart for Investors. Here I am talking about "cyclic patterns", which means averages like to oscillate above and below each other at a frequency. To better see this, scroll back in time. 1) You''ll notice the MA 50 oscillates above, and then below the MA 200. 2) You'll notice the EMA 15 always oscillates above, and then below the MA 50. Having said... In the short-term, the cyclic nature indictates the next cycle of the EMA 5 10 15 will cycle down and cross the MA 50 (as the MA 50 comes up). So, expect LTC price to drop in the short-term. In the intermediate-term, the cyclic nature indicates the MA 50 will cross the MA 200, which is a Golden Cross. Our last Golden Cross was on April 13, 2017. Our last Death Cross was about six months later on October 16, 2017. The cyclic nature calls for the next cross to be a Golden Cross. However, we don't yet know how long we should expect a Death Cross to last. It's only been 2 months so far, anticipate just under 1 month left (early-mid Jan 2018). But sooner or later, the MA 50 will cross the MA 200. Entry Points 1. The best Entry Point would've been when the EMA 5 10 15 began to slope upward 2. The next best entry point would've been when the EMA 15 crossed the MA 50 3. The next Entry point was when the EMA 15 crossed the MA 200 Exit Points 1. The best exit point would've been December 13. The price position was too far from the EMA 15, and the RSI was way overbought. Sell!!! 2. The next best exit point is now. Start thinking about exiting, as the EMA 5 10 15 are going to start sloping downward in the next few days 3. The next Exit indicator would be when future EMA 15 crosses below the MA 50, or MA 200, whichever is first. Shortly thereafter, begin to look for an Entry Point. When you see the bottom of the future EMA 5 10 15 cycle, BUY. Then you can hold for months and watch your investment soar! Maybe this is why Charlie Lee sold all his Litecoin, he simply knows a downtrend is coming. I hate to see it go down, but such is the cycle of a crypto life. Ups...down...up...down. I'd be very interested to hear what others have to say about this, if this assessment is correct.
Short
by Malstryfe
Strong Ascending Triangle - LTC poised to make another big run!If you have a position in LTC, this should excite you! LTC is charting a strong ascending triangle, signaling that it is poised to make another bullish run upward. You can see that a strong price support has been formed over the past week in the $330-$340 range. You can also see a tightening of the price fluctuations, another sign that a breakout is imminent. If you regret missing out the last major leap in LTC value last week, this may be your shot at redemption. Especially with money flowing out of BTC today, look for the breakout to begin in the next 1-3 days. If LTC can break $400 by Christmas, hold on for a slight emotional pull pullback before vaulting to $500 by New Years. *Please note that this is for entertainment purposes only, and should not be viewed as financial advice. Do your own research before investing in anything, cryptocurrency or otherwise.
BITSTAMP:LTCUSDLong
by Paper_is_Poverty
3