We are testing the top of the symmetrical triangle. MACD creeping to bullish divergence on the 4hr. I believe we'll be shooting back up to previous highs in the near future. It is not my advice that you do anything with this information. Just want to share my ideas.
Hey folks! No time to explain...straight to the chart: LTCUSD is about to break its local resistance level (see previous structures that confirm this argument). Moreover, according to the Ichimoku (20/60/120/30 - perfect settings for crypto currently) the price is about to complete the breach and hence there is a strong indication for the price to go even...
BITSTAMP:LTCUSD Symmetrical triangle apex breakout to taken the run to 0.382 level of retracement for reversal..
BITFINEX:LTCUSD decreasing volume in a symmetrical triangle, might breakout the positive way, in that case a entry into the trade if good volume spike happens... TO take profit at 0.618 retracement level....
BITFINEX:LTCUSD this is a bilateral trade to be taken, a long followed by a short.. After a long time i see a gartley in the cryptoworld..! Personally never trader a gartley in crypto..!! this is beautiful and if it turns out good, a potential money maker and a compounder..!
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,...
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.
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...
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.
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.
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.