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Litecoin (Cryptocurrency)

Litecoin (LTC), released in October 2011, is a global decentralized digital currency, based on blockchain technology. It is often referred to as a lightweight Bitcoin, because it's technically nearly identical, but substantially cheaper. All transactions are recorded on a public ledger called The Blockchain. It allows faster processing and faster transaction confirmation. It has the fourth largest market capitalization of all the cryptocurrencies and is carried by many exchanges.

The number of units is capped at 84 million and almost 49 million are in supply. Because of this cap, inflation won't decrease their value. Litecoin miners use their computers resources to support the cryptocurrency that's based on an open source protocol and get rewarded with Litecoins if they have done a certain amount of cryptographic work. Units can be bought or sold against bitcoin or against a fiat currency like the USD or the EUR. You can also purchase good and services with them.
rony.kris rony.kris LTCUSD, 240, Long ,
LTCUSD: Broke out of pennant - Short term trade
205 4 1
LTCUSD, 240 Long
Broke out of pennant - Short term trade

Here is a short term trade for LTC. Currently LTC is getting traded at low volumes. Probably because of all the news in the media. It broke out of the pennant (falling wedge) and currently hovering close to fib level 0.786. If it manages to surpass this resistance then it'd find resistance at fib level 1. Now that is close to 20 points high. Looking at RSI, ...

scorpiomanoj scorpiomanoj PRO LTCUSD, 240, Long ,
LTCUSD: LTC/USD - Consolidation in progress; Bullish pattern formation
84 8 0
LTCUSD, 240 Long
LTC/USD - Consolidation in progress; Bullish pattern formation

LTC/USD cmp 348. 4h chart - consolidation in progress with a uneven cup pattern formation. Right side of the cup has a series of HH and HL formation. Price currently has formed a HL and waiting to spike. 400 plus target is highly possible.

rony.kris rony.kris LTCUSD, 240, Long ,
LTCUSD: Pennant formation - Watch for the breakout
126 4 0
LTCUSD, 240 Long
Pennant formation - Watch for the breakout

LTC is in a pennant; similar to an ascending triangle formation. To me this is an indication of a bullish continuation pattern. If it breaks out of the ascending triangle then you may expect a decent bull run. That said, my trade setup would be something like this - Post confirmation: Buy @ 334 - 338 Target ~438 Stop Loss ~300 Please feel free to revert with ...

scorpiomanoj scorpiomanoj PRO LTCUSD, 240, Long ,
LTCUSD: LTC/USD - Potential to go past 350
50 0 0
LTCUSD, 240 Long
LTC/USD - Potential to go past 350

LTC / USD cmp 298 target 350 plus stop 260 1) Price has been consolidating after the recent spike 2) Consolidation pattern has formed a nice Head and Shoulders pattern. 3) Has the potential to go past 350. 4) Above 350, no resistance zone and hence open target.

mokshiet mokshiet LTCUSDT, 30,
LTCUSDT: support level
30 0 0
LTCUSDT, 30
support level

Major and Minor Support Level

scorpiomanoj scorpiomanoj PRO LTCUSD, 240, Long ,
LTCUSD: LTC/USD - FLAG PATTER
58 0 0
LTCUSD, 240 Long
LTC/USD - FLAG PATTER

LTC/USD CMP 332. Flag pattern visible in 4 hour chart. Target is 400 plus which is the breakout point plus half of the pole length. stop 30 period ema.

shyam_shankar shyam_shankar PRO LTCBTC, D, Short ,
LTCBTC: LTCBTC Short
42 0 0
LTCBTC, D Short
LTCBTC Short

Swing Trade (D, 240) Price is in overall seller territory from D perspective, we broke the major S & R (green line) and price rejected twice going through that area and left a probe. We turned people into buyers so that we can sell for higher price. On 240 sellers shows an aggressive sign of coming back swiftly challenging the buyers who started this movement. We ...

thehiddenconifold thehiddenconifold LTCUSD, 240, Short ,
LTCUSD: LTC will continue its move downwards
125 0 1
LTCUSD, 240 Short
LTC will continue its move downwards

LTC has been in correction mode for the last week or so with further down time expected towards its support at 35 USD. Its not yet clear how much of an impact a UAHF will have on LTC. Its move breaking the triangle formation will determine its semi-long term movement.

blankz13 blankz13 BTCUSD, D,
BTCUSD: BTC RISE AGAIN
105 0 2
BTCUSD, D
BTC RISE AGAIN

As the interest in blockchain continuously grows more and more people getting interested in cryptocurrencies. Bitcoin is bound to hit all time high as it is basically the Apple of Cryptocurrencies. Bitcoin after the market day out is again rising at a steady rate, People should start investing as soon as possible as soon it along with litecoin are gonna skyrocket. ...

thehiddenconifold thehiddenconifold LTCUSD, 45,
LTCUSD: LTC On the Verge of a Major Rally
115 0 3
LTCUSD, 45
LTC On the Verge of a Major Rally

LTC is on the verge of a SegWit activation and has been highly bullish over the last week. I'm expecting a major upwards rise with targets of: 1) 11.42 2) 12.34 3) 14

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