LiteCoin Trend Analysis & Trade Setup !!This is my personal favorite.
A lot of guys hunt Bitcoin but LiteCoin can give a similar Exposure and returns for much much lower price.
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 8 to 12 times.
Search in ideas for "LTC@"
Don't miss the great buy opportunity in LTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (52.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Litecoin/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 64.15
TP2= @ 79.15
TP3= @ 99.30
SL= Break below S2
Don't miss the great buy opportunity in LTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 80.35
TP2= @ 131.60
TP3= @ 143.75
SL= Break below S2
TOP 10 Strong Altcoins 4 LongTerm Bullish Potential @alanmastersGood Day & Life!
My fellow cryptocurrency lover, I would like to share a trade idea today with a completely different format, so this is something that is requested from me on a daily basis, so here you have it by popular requests.
Today I will be sharing a list of TOP Altcoins that are STRONG for LONG TERM holding and at the same time have good BULLISH potential.
So the key words here are TOP, STRONG, LONG TERM and BULLISH... This is what we will be looking at from major to minor altcoins.
I am hoping that you enjoy this post... Feel free to hit like if you want to now, to show your continued support.
Before we get started I need your help!
I am going to be writing a series of TOP 10 articles mentioning different categories of altcoins to consider for the top 10 list but we have many, many options, there are thousands of different altcoins... Here is where/how I need your help.
I need you to leave a comment choosing which of the following category you best prefer to read about next, as well as share your own variation for me to consider for the next post:
(1) TOP 10 Altcoins for Short Term Profits
(2) TOP 10 Altcoins with Highest Profits Potential
(3) TOP 10 Altcoins with Best Products
(4) TOP 10 Most Popular Altcoins (your choice)
(5) TOP 10 Altcoins with The Biggest Gains
So pick one, or multiple choices, and add your own to the bottom of the list. You can leave a comment and I will share next the list that gets more requests...
Remember to mention your favorite altcoins or the one you want me to look at in case #4 wins.
Now... Let's get started!
Thanks a lot for the support.
TOP 10 Strong Altcoins for Long Term Bullish Potential
Binance Coin (BNB)
I believe Binance Coin (BNB) to be one of the strongest altcoins which you can buy and hold for long term growth, stability and profits potential.
Binance is the biggest cryptocurrency exchange by volume and lists some of the best altcoins in the market for us to trade.
Binance implemented credit card purchase to buy cryptocurrency and its own altcoin, BNB, can be used to pay trading fees.
Here is the quick conclusion, the more the cryptocurrency space grows the bigger and better that Binance Coin becomes. And since the market is really young, this altcoin has the potential to keep on growing more and more.
Trade ideas:
BNBUSDT
BNBBTC
Ethereum (ETH)
We continue with Ethereum (ETH), which is a " decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference."
Ethereum is the second biggest cryptocurrency by market capitalization, second only to Bitcoin.
Ethereum has its own "reality" in the crypto space and most exchanges offer trading against ETH.
This is a very strong project with huge long term bullish potential.
When you look at the long term chart, ETHUSD is basically at its bottom:
Let's continue.
Litecoin (LTC)
Litecoin is the first Bitcoin copycat and has established a reputation as being a very stable altcoin project.
Chart:
Even though my charts are showing profits potential compared to all-time highs, altcoins can create new highs just as they can create new lows.
A new all-high can push the price of any altcoin project dozens of times higher than the last high. All that is needed is a bull run.
Cardano (ADA)
Cardano is one of the best and most trusted projects out there and it is already being used in different types of commercial establishments in Asia (Korea).
The last bull run back in late 2017/early 2018 pushed ADABTC to generate over 3,000% profits. With these altcoins projects being the ' companies of the future ', the potential here is hundreds of times of what we are seeing now.
Here is the chart:
Cardano is a great altcoin which is strong and can be held long term.
Siacoin (SC)
Now, we looked at big market cap and famous altcoins, here we will be looking at two smaller but older ones.
Siacoin (SC) is a project that has a real working product and has been around for long. It is said that Satoshi Nakamoto, one of Bitcoin creator, lend his to support to this project.
And old gem, Siacoin is massively stable and has lots of potential for future growth.
This is an altcoin that can grow 5-10X easily within this year, and up to 50X by the next cryptocurrency market bull run... Wait, wait... I know, this is huge, but this is how the amazing/crazy cryptocurrency market works.
DigiByte (DGB)
DigiByte is another old gem and I am sharing it here simply because of its long term potential and stability as an altcoin project.
DGB held its value better than most of the altcoins available throughout the bear market.
Chart:
BitTorrent (BTT)
From old to new, BitTorrent needs no introduction. BitTorrent is a file sharing system that now has its own altcoin which can be used to monetize content and traffic while sharing online.
This project is linked to TRON ( TRX ) and has huge massive growth and long term potential.
Here you can find our BitTorrent trade, this is for the medium term, long term potential is much, much higher:
Basic Attention Token (BAT)
This is a favorite for my friend and developer and for good reason. BAT has its own browser which can be used to monetize traffic on any website... The method of payment? BAT of course.
This project comes from the creators of Mozilla and is a must-have for any cryptocurrency lover.
Ripio Credit Network (RCN)
One simple feature got RCN into this list, which is the Ripio Credit Network New dApp.
Basically, Ripio Credit Network has a dApp now where you can loan them money and they give you a % back in 30 days with Ripio backing all the loans. This gives out a varied return, monthly/yearly, for RCN that you would be holding anyways if you are into crypto. At the same time this feature can promote long term slow steady growth for this altcoin.
This feature is active now and can be found here: rcn.loans
RCN has huge growth potential that can go beyond ATH long term:
Bitcoin (BTC)
Needless to say, BITCOIN IS THE NAME OF THE GAME.
BITCOIN IS THE BEST!
You can always buy and hold Bitcoin long term as this is the best cryptocurrency of all.
Namaste.
Conclusion
Here we have a mixed list of altcoins, I tried to put in new projects, old projects, known projects, not so known, with good profits, etc. Variety, so there is a little bit for each and every one of us.
Which TOP 10 Altcoins you want me to write about next?
Remember to hit like and leave a comment with the altcoins that you believe are best.
This is Alan Masters.
Thanks a lot for reading.
Namaste.
LTCUSD Long term outlookWe are going down down in an earlier round and sugar we are going down swinging! Eventually I believe LTCUSD will go sub $20 but maybe sometime early 2020 that will happen. Not really going to much into detail just giving a ruff idea as to where i think this asset is heading.
1) The Circle indicates major resistance. We have a trend line that has been violated therefore it now becomes resistance. We also have a 200 ma that has acted as resistance. Even though we crossing above it, that move was very short lived and down down we have gone since that time.
2) The Big Red Line. Basically if we cross below that line, if you want to know what things look like... well... go to the restroom, do a number 2, and then throw it at your fan.
Happy tradings to all :D
A trading opportunity to buy in LTCBTCMidterm forecast:
0.01315 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 0.01890 on 04/03/2019, so more losses to support(s) 0.01430 and minimum to Major Support (0.01315) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01430 to 0.01315). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01430)
Ending of entry zone (0.01315)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.01500
TP2= @ 0.01620
TP3= @ 0.01730
TP4= @ 0.01890
TP5= @ 0.02015
TP6= @0.02380
TP7= Free
LTCBTC 1 Day Chart Analysis - Mid Term Analysis.You can see that the LTCBTC has broken the falling wedge pattern
and moving in Sideway, there is 7 Resistance Level and 4 support level.
1: Resistance Level 0.00999
2: Resistance Level 0.01161
3: Resistance Level 0.01291
4: Resistance Level 0.01442
5: Resistance Level 0.01566
6: Resistance Level 0.01784
7: Resistance Level 0.0200
Support Level.
1: Support Level 0.007539
2: Weak Support Level 0.006635
3: Last Year Support Level 0.005347
4: Strong Support Level 0.002994
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
A trading opportunity to buy in LTCBNBTechnical analysis:
. LITECOIN/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (5.50 to 4.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (5.50)
Ending of entry zone (4.70)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 6.50
TP2= @ 7.40
TP3= @ 8.30
TP4= @ 9.15
TP5= @ 10.00
TP6= @ 11.90
TP7= @ 14.15
TP8= @ 16.40
TP9= @ 19.60
TP10= @ 23.65
TP11= Free
There is a possibility for the beginning of an uptrend in LTCBTC Technical analysis:
. Litecoin/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00814000 to 0.00736000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00814000)
Ending of entry zone (0.00736000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00945400
TP2= @ 0.01063810
TP3= @ 0.01141060
TP4= @ 0.01240100
TP5= @ 0.01333480
TP6= @ 0.01571755
TP7= @ 0.01762490
TP8= @ 0.02035380
TP9= @ 0.02381480
TP10= Free
There is a possibility for the beginning of an uptrend in LTCUSDTechnical analysis:
. LITECOIN/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (57.70 to 49.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (57.70)
Ending of entry zone (49.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 66.00
TP2= @ 73.25
TP3= @ 81.10
TP4= @ 90.25
TP5= @ 111.00
TP6= @ 126.20
TP7= @ 173.75
TP8= @ 212.20
TP9= @ 250.60
TP10= @ 305.30
TP11= @ 375.00
TP12= Free
There is a possibility for the beginning of an uptrend in LTCETHTechnical analysis:
. LITECOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018
. There is a possibility of temporary retracement to suggested support zone (0.17800 to 0.16600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.17800)
Ending of entry zone (0.16600)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.2044
TP2= @ 0.2188
TP3= @ 0.2344
TP4= @ 0.2519
TP5= @ 0.2673
TP6= @ 0.2901
TP7= @ 0.3285
TP8= @ 0.3830
TP9= @ 0.4524
TP10= Free
A new trading opportunity to buy in LTCUSDTechnical analysis:
. LITECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (75.00 to 66.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (75.00)
Ending of entry zone (66.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
. We have already opened 9 BUY trade(s) @ 79.03 based on 'Two-day reversal candle (2-Day Hammer )' entry method at 2018.06.29 in our suggested support zone (72.50 to 57.50).
Total Profit: 8041
Closed trade(s): 1297 Profit
Open trade(s): 6744 Profit
Closed Profit:
TP1 @ 92.00 touched at 07.18.2018 with 1297 Profit.
Open Profit:
Profit for one trade is 87.46(current price) - 79.03(open price) = 843
8 trade(s) still open, therefore total profit for open trade(s) is 843 x 8 = 6744
All SLs moved to Break-even point.
Take Profits:
TP1= @ 92.00
TP2= @ 102.00
TP3= @ 125.00
TP4= @ 165.00
TP5= @ 183.00
TP6= @ 224.00
TP7= @ 252.00
TP8= @ 375.00
TP9= Free
A trading opportunity to buy in LTCBTCTechnical analysis:
. LITECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01212 to 0.01157). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01212)
Ending of entry zone (0.01157)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01350
TP2= @ 0.01483
TP3= @ 0.01570
TP4= @ 0.01816
TP5= @ 0.01997
TP6= @ 0.02223
TP7= @ 0.02511
TP8= Free
There is a trading opportunity to buy in LTCUSD Technical analysis:
. LITECOIN/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have already opened 9 BUY trade(s) @ 79.03 based on 'Two-day reversal candle (2-Day Hammer)' entry method at 2018.06.29 in our suggested support zone (72.50 to 57.50).
Beginning of entry zone (72.50)
Ending of entry zone (57.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 92.00
TP2= @ 102.00
TP3= @ 125.00
TP4= @ 165.00
TP5= @ 183.00
TP6= @ 224.00
TP7= @ 252.00
TP8= @ 375.00
TP9= Free
BTC Positive. Bull charged.Everything looks positive right now for BTCUSD as far as the technical indicators go.
Beginning of "E wave". (ABCDE)
50day MA about to cross 100day MA.
MACD turns bullish (Orange crossed blue).
RSI uptrends.
8900 and 9800 are important levels to keep an eye for in the next few weeks.
8900 if broken confirms long-term bullish signal. (By 16-20th June)
8900 if bounced 5400 is in range. (By Mid of July)
9800 if bounced down can result in short-term correction. (By 2-6th July)
9800 if broken prices can reach ~12250 (By Mid of July)
Thanks for your time.
Happy trading.
Personal Request.
Hi guys,
I am a crypto enthusiast and a Data Scientist(underpaid Indian) I have been active in crypto space since last August and I have been active on tradingview for more than 6 months now.
I have recently quit my full-time job to pursue my higher studies which starts in September. I have been struggling with my finances required for it.
I kindly request you all if possible please do make donations to support my education.
Every drop helps. Please do make even if it is as less as a dollar. I am in a shortage of about 3700 Euros.
You can reach me at sandeshgds@yahoo.com
Thank you and I promise to post technical analysis and share my knowledge atleast once every week.
Please accept my apologies if the above personal request was inappropriate.
Donations:
BTC - 34kiRPBp6pa71NUmr8NUfKuTqZk6fZPjHm
ETH - 0xbacc83435b5576683fa151b6b794287fdf98a80e
LTC - LWoRHbfL4CGgmeBQ1cMjsWFwthECKbtWWW
This analysis is solely based on my knowledge and understanding of the market and not to be considered as financial advice.
End of Consolidation. Next cycle underway.It was a crazy run downhill for Bitcoin this year. Most people(New investors) thought this could be the bubble and BTC will stumble and bleed.
Things like these are said and proven false for over and over again. Especially, by the important financial figures out there.
Looks like this is the end of the cycle from accumulation to crazy momentum uphill.
Recently, BTC has failed to breach $9800 fib.
But, A sweet triangle has formed and it is also the end of D wave (ABCDE wave).
The Bull run is imminent at this point in time and the next cycle is about the get underway and the time is ripe for the new investors to step in.
With the amount of attention crypto has received lately next cycle will be massive.
However, There are 2 possibilities going forward.
1) It can drop to $7800 mark again and the steady rise follows it.
2) As it has already shaped up with 2 green candles straight could see a day or two of red and rise after that.
For both the cases.
We could see the top of around $12250 - $14260 in a matter of 10-15 days.
Happy trading,
Thanks for your time.
Drop a like if you liked my analysis.
I accept donations:
BTC - 34kiRPBp6pa71NUmr8NUfKuTqZk6fZPjHm
ETH - 0xbacc83435b5576683fa151b6b794287fdf98a80e
LTC - LWoRHbfL4CGgmeBQ1cMjsWFwthECKbtWWW
OMG - 0xbacc83435b5576683fa151b6b794287fdf98a80e
This analysis is solely based on my knowledge and understanding of the market and social network patterns and must not be considered as an investment advice.
Testing Top of Symmetrical TriangleWe 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.