Litecoinprediction
Litecoin bottomed?Wonky inverse H&S pattern followed by bitcoin, possible trend reversal. Still learning these fib retracements so let me know if i'm doing it wrong :) 0.82 regression downtrend, so clear downtrend still (i shouldn't be picking bottoms, but i am). Fibonacci retracement hits 0 at $42. Short term trading target is 0.236 fib line at $48.
Following up on my previous analysisLast time I made a post on LTC was at $55 and I projected to hit $60 - $62 easily in the close future. We are now in the future and seeing that my analysis was perfect calling this trade weeks ago. Having opened a position here which I gave a signal for in my TG channel I am now closing this trade.
LTCBTC formed gartley | a good long opportuntiyThe priceline of Litecoin / Bitcoin formed a bullish gartley and entered in potential reversal zone.
This potential reversal zone should be used as stop loss point.
I have defined targets using Fibonacci sequence:
Buy between: 0.006703 to 0.006643
Sell between: 0.006750 to 0.006864
Regards,
Atif Akbar (moon333)
Litecoin - Will make you a lot of cheeseEverything in crypto is cyclical, that means that alt season is coming back again. How do you get ready for the season? What are some of the best alts to buy? The best thing to do is to load up on high performing alts and one of these is Litecoin. Let's look at it from this perspective; Litecoin has hit $400 and on the next move it will hit $400.00 again and then some. This high performer is at 75% off right now and it looks like it can go lower. I started to load up once it hit $57.00 and will buy my final batch at around $22.00. Why $22? I believe a lot of these coins will try to double bottom and $22 is it for Litecoin. I will not buy anymore unless it hits 22.00 or below. I will instead look into other alts if the powers that be don't come through.
Let's do the math; If you buy $5,000 LTC at $22 that's 227.27 Litecoins and when we hit all-time high again at $400.00 that's $90,000. Nothing in this scenario is impossible. Now, I 100% recommend only playing with the money you have left, or just use a much smaller amount to test out this scenario. Do not put the money you can't afford to lose into this high-risk asset class until you learn more about Technical Analysis and trading in general. In trading there is a rule big banks and investment firms go by; It's called the 90/90/90 rule. Which means that 90% of investors will lose 90% of their money in just 90 days. Remember that everyone is after your money, the smart thing to do is only put it at play when the bottom is in. If you don't catch this bottom, well that's fine because there will be another bottom in just a few weeks.
In the coming weeks, we'll play a little game of "double my money." We'll take a small amount like $500.00 and turn it into $1000.00, that into 2k and so on... All we can lose is $500.00 but the profit we can make is infinite.
LTCUSD has formed a bullish butterfly | Upto 66% expectedPriceline of Litecoin / US Dollar has formed a bullish butterfly and entered in potential reversal zone to take bullish divergence from here soon insha Allah.
MACD is turning bullish.
RSI is oversold.
Stochastic has given bull cross.
Price action is getting bounced after hitting the support of bollinger bands.
Volume profile of complete pattern is showing less interest of traders at potential reversal zone.
I have defined targets using Fibonacci sequence.
(Plz ignore the previous chart where I predicted a shark now the leg is extended and it is behaving as bullish butterfly now you can follow the below revised targets, thanks)
Buy between: 67.786 to 57.348
Sell between: 75.882 to 95.728
Regards,
Atif Akbar (moon333)
Litecoin LTC - Continues to melt under a death crossIt is hard to see historically a quick recovery under the strength of a daily death cross. Litecoin has that to deal with and then some. It tried to go over resistance (The green trendline) in a very weak way but both the resistance and trendline meet right where it tried to pop up and when two resistance lines meet the likelihood of a drop is very strong. As we all know LTC is highly dependant on what Bitcoin is doing and there are only a few scenarios; If BTC is going down, LTC will also go down. If BTC goes up LTC may or may not go up. If BTC ranges, LTC may go up or down. BTC is now ranging and LTC is going down, why? Because of the daily cross which is what a lot of alts are about to face or are facing. This is another variable that may push LTC down further a death cross on the 12H for Bitcoin, a light move down in price and that death cross will push a lot of alts down.
Yet another thing that's worth noting is that after the up move BTC did not clear the secondary trendline in the 3D timeframe which was a must. Now it finds itself struggling to go over or simply hang on. I want to be clear on this; IT IS TIME TO JUMP INTO ALTS BUT NOT INTO BTC. You should already be into ETH, BNB, NEO, and LTC. I gave you the signals in the previous days. BTC is looking to go further down, it almost needs to in order to have a healthy move up. It has to go to the 61.8 of the 2019 move which is around 7k. Keep in mind it may just be a quick wick that reaches down to 7K so you have to be ready to jump into BTC or any alts at that point.
THE TREND: Going down.
THE OUTLOOK: Safe to get in now.
Be safe and follow me to stay ahead of the curve.
Does Litecoin Have the Most Upwards Potential?Litecoin is showing a lot of bullish potential so long as it can hold this 61.8 level, which for the time being, seems like the most likely scenario. We can see that Litecoin appears to be consolidating right at this 61.8 level, and with that, building momentum. The 1 day time frame is looking strong on the Macd and we are getting a green bar on the Megalodon timer. If we turn towards our shorter time frame, we can see that we are currently receiving buy signals for Litecoin. This could be a good opportunity to start averaging your way into Litecoin.
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Is Litecoin the Best Buy in Large Cap Crypto Right Now?Looking at our 1 day time frame chart, we can see that Litecoin is sitting right about the 61.8 level on the fibonacci. We can also see that the Megalodon indicator is giving us a buy signal on our shorter time frame chart. It is important to keep an eye on Bitcoin to see what the market as a whole will be doing, but it is certainly not a bad time to be buying into Litecoin as it has great upwards potential being at the 61.8 level compared to Bitcoin for example sitting at the 38.2 level.
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LTCUSD formed bullish shark | Upto 39% profit potential ideaPriceline of Litecoin / US Dollar has formed a bullish shark pattern and entered in potential reversal zone.
RSI is also entered in oversold zone.
Volume profile of complete pattern is showing less interest of cryptocurrency trading at this area.
I have defined targets using Fibonacci sequence as below:
Buy between: 79.302 to 71.986
Sell between: 85.858 to 100.529
Regards,
Atif Akbar (moon333)
LTC Long Opportunity (Super Support)Hi guys its Brian here with a long opportunity for Litecoin (LTC)
As you can see from the chart, LTC recently just bounced off a super strong support as shown by the green circled areas.
LTC has had 2 previous green days and if the support holds, I think we are headed upwards either in the near future or perhaps some consolidation before moving higher.
Stop loss can be placed below the support and I have identified 3 good areas to take profit, labeled as TP1, TP2 and TP3
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C&H and volume accumulation suggests LTCUSD due for rallyAs I predicted July 27 roughly 4 to 5 days before the LTC l halving; Price action was set to be doomed with miners receiving 1/2 in compensation— The appeal for LTCUSD fades As it is essentially a gimped BCH but Nonetheless every influencer with 100 million followers posted about how I have no idea what I’m talking about ( Despite over six years and I can’t even ballpark the thousands of hours I’ve been doing this religiously for over half a decade now..: ) that during a parabolic run “ there is no way that LTC or any other top five market cap coin will not see a surge in pricing as well. ..” and while they may be right in every other bull run, what makes this Different was the halving and Please do take note on emphasis of the literal words I’m using when I say top 5 coins im basically referring to BTC/BCH/LTC/ZEC And not all general cryptocurrency’s and if you don’t know what the difference between a Crypto currency coin into cryptocurrency token is then I can guide you to a “TLDR” oped I wrote a few years back and have since edited and revised a few times titled “10 Crypto Commandments”
Which if you do not deviate from and read it over carefully and let me reiterate not to sound like a broken record but I’ve had people complain that they follow the rules and try to blame me for losing money only to go over what happened and find out that they slipped up by deviating..
When I say do not deviate what I mean is My 10 Commandments is applicable to any Forex trading styles and Regardless of the EMA it even works for day traders And I’ve tested it hell I’ve memorized it and I still use it to this day and it yields about an 8.7/10 success rate on all entries with 96.9% accuracy in figures and timeframes with a 9.2/10 Success rate with 87.3% accuracy in figures and time frames and a staggering 9.9/10 Success rate with a 50-50 in figures/time for a bit when I mean by that is that my TA (Everybody’s technical analysis for that matter) Is not set in stone at the time of publication and is subject to change based on indicators and news anomalies other factors and so because other traders like myself are usually juggling between multiple platforms and possible portfolios It is simply Impossible For me to update and reallocate/re-calibrate figures and time frames for TA on every publication whenever said changes happen—- Especially in the market like this that is in its infancy, extremely volatile and never closes!
Factor in the fact that it’s a global market and you have an impossible situation where The only way your portfolio is 100% safe is if you never sleep which more often than not there during bull runs I end up doing (Load up on caffeine and nicotine— I Self in a lot of other traders on CT I’ve come to notice will be up all day for 3 to 4 days during the initial carry through and then set stop losses before adjusting alerts on my I watch/forward and taking a rest for some downtime usually timed right around when the market is oversold and we’re transitioning into alt-season— These 12 hours or so are critical as It is really the only time you have to rest before you have to be up at other three days to do the same thing you did for the bull road except for sniping off alts...Even if you do everything right there can still be some freak accident like some piece of crap fraudster or what happened with Binance today or In 2012 mt gov.
Why am I saying all this?
Not to be a Debbie downer who tries to tear anyone who has aspirations of becoming a forex trader themselves but to brace them for the painful and sobering reality that crypto trading is not easy money it is by no means a cakewalk and if you are looking for a pay day/lotto ticket that ship sailed with the early adopters and we are in the deep sea right now so it’s sink or swim.
I recall after the great crash at the start of crypto winter they put the national suicide hotline on the cryptocurrency sub Reddit that’s how bad things were for people were actually mortgaging their houses to fomo in.
So let this be a lesson to anybody that actually reads it— Yes I have made a healthy and prosperous sustainable living forex trading the past half decade and even during Cryptowinter for all of 2018 I have other measures in place to supplement my income such as mining/leveraging/margin/debugging++ I have other measures in place to supplement my income such as mining/leveraging/micro loans/Buy stocks and trade those/ Freelance development gigs either web development graphic design writing or even helping other token developers in that advisory or consultation capacity.
So the key take away from my rant over here is:
1) Always at your stop loss is always trade with your head and never your gut and do not ever be lulled into a false notion that this is easy money because you saw some dumbass tweet that he made 50 grand in five minutes ask yourself when you go to the casino and see somebody playing craps who happens to win 50 grand in 30 seconds does that make You rush over to play craps without any impulse or second thought? NO!! Absolutely not.
2) Because you’re just gambling at that point and once you start to lose more than You’re lot of threshold (covered in my 10 commandments - trade using the buffet model) People start to unravel and lose all sense of objectivity so the irony is the more money they lose rapidly the less likely they are to bounce back that I’ve seen this happened to even the most seasoned traders it’s psychological and has nothing to do with talent it is only human nature to panic when you see your hard earned money rapidly dropping, However remember that every drop has a bounce and While you will still take a hit if you can take a deep breath and take control of the situation you could wait for that bounce and then short at the top of consolidation resistance / support to mitigate a catastrophic loss into a “not so bad “ one.
Greed is the number one enemy of all forex traders.
You have to be willing to bite the bullet and take an L from time to time not every entry is guaranteed ROI and if greed is number one that would make pride fear and stubbornness 2-4 with 5) being impulsivity.
Not gonna bother including a disclaimer in this publication because I’ve basically written this entire oped as one lengthy extended disclaimer.
The human psyche is very weird. It’s common sense to buy low and sell high even people that don’t trade know that yet for whatever reason the influx of new crypto traders always come at the high-rise of the bullruns.
It is for this reason why I felt it necessary to include this link the disclaimer because we’re seeing a lot of tears and a lot of figures and projections being thrown out there but not a lot of accountability or foresight/forethought by these other traders that Some poor new trader might come along see how many followers you have and how many likes your TA yields and prematurely concludes “Oh there’s no way he could be wrong look at the number of people that think you’re right!” And dumps his life savings on What you and I and every other seasoned trader knows is merely speculation and an educated guess but We have Seen so many charts and drawn so many lines that We just assume that everybody knows that it’s a given. to those traders I ask you to try to reminisce to what it was like when you started trading and more specifically How bad it felt when you had your first real lost... And don’t tell me you never had a real big loss because every trader has or they are lying and if they aren’t lying they aren’t traders for The only way to maintain zero loss margin is to simply HODL, Which if you’re a person who’s working a full-time career with a family to take care of I would rather advise you to do just that than try to take on something that is unfortunately and undoubtedly very stressful and time consuming.
With that being said set your stop loss cup and handle emotion this is a short term sale/entry.
P.S. I used Siri voice command to Hit the little microphone button and talk into my phone to write this up at so forgive the little grammatical errors as I do not have time to proofread and I am not at my PC right now. When I get home before the Asian markets get Poppin I will make sure To update this publication as well as the other two I posted today with calibrated figures / timelines.
In the meantime, Take every traders opinion with a grain of salt— ESP my own! It could be overwhelming with a lot of people there with a lot of figures out there as a newb you’ll instinctively flock to the influencer Who has the most followers and subscribers but bear in mind that a lot of these guys just like myself started as tech / programmers and After discovery blockchain we learned to forex trade so Just because you see a video of an influencer Using a lot of confusing crypto/Blockchain related terminology and vocab does not make them Any better of a Forex swing trainer than the guy with 40 subscribers and 20 views— It just means they are more consistent and better content creators and if they aren’t giving you this whole spiel I’m doing it for you and for them and shame on them because they know what they’re doing is wrong.
Cheers. Peace and love.
@a1mTarabichi
LTC to 47 USD : bearish Scenario : a must keep in mind scenariohey guys, in this analysis I'm bringing you litecoin `s bearish scenario just to keep it in mind since 95% of the analysts out there are screaming " moon moon moon "
Since I'm too lazy lol I decided to explain everything on the chart. please take your time to understand my point, thanks in ADVANCE.
Nothing I'm sharing over here is a financial advice.. its all my opinion and you're 100% in control of your assets. PEACE
PS : you can check my youtube channel over here www.youtube.com
LTUSD Litecoin NEUTRAL in Trading range 1 HR Chart#Litecoin #Bitcoin #Ethereum
Hello to all watching my charts
Litecoin similar to other cryptos is catched in a trading range
between Low Support at
87.50
and High Resistance at
96.00
Only after a breakout in 1 direction above resistance or below support
we are able to analyse a clear status.
At the moment its a Neutral Status
No reason to trade here.
Good trades
If you want to support my charts and my work please like the,,,
Renkotrade
Litecoin Buy Signal MONDAY????Litecoin LTCUSD is consolidating nicely on the daily chart at around 99 there is also previous support at this level witch is good. A breakout of the 106 will be my buy signal and the bulls will run!. Also on the MACD we just got a cross witch indicates a swing change and we dont long over bought on the RSI.