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Thread: LTC/USD

  1. #1
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    LTC/USD


    Litecoin is another "fork" of bitcoin, a peer-to-peer electronic payment system, which uses the cryptocurrency with the same name.


    Technical Analysis. forecasts,opinions, trading recommendations for LTC/USD

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  2. #41
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    Litecoin down trend is start from yesterday and we can see that timing indicator is green but its above the 70 level which is show us its overbought condition and soon this pair is start movement to down side and its also make a level H1 time frame and its not cross it which means now its can move downside any time for me.

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  3. #42
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    R3 54.57 R2 52.98 R1 50.41Pivot 48.72 S1 46.25 S2 44.56 S3 42.09
    ForexscannerPro Red

    Market price is just touch the pivot point at 48.72 and Now I think its more bearish movement is start because that is the point which is decide the market next movement and you can see the ForexscannerPRO is show red Bars and its below the zero which means now the down side pressure is remain on this market.

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  4. #43
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    Having fallen through to around 46.80 LTC USD is returning to make a recovery, the injury inflicted by yesterday's incident is still fresh in its memory, it should pull back to 49.75, that area is where the cross of both the Tenkan sen lines and the Kijun line happened, should it successfully make a break above these two places, the next resistance naturally is the Ichimoku clouds which stands some distance away from where price is now.

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  5. #44
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    Ltc usd Today ADR high range is 49.26 and AD lw range is 47.86 and its ADR start point is 47.67 level. Now the price is above from the ADR start point that is sign of market upside trend. Market is still in bullish trend movement and its move upside until its touch the 49.26 level where its possible reversal movement is expected.

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  6. #45
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    Having closed above the 200 moving average briefly, LTC USD did not find the courage to stay there, I broke below the indicator and fell into a serious range, the shape of the relative strength index is flat, it is neither moving up or down, it might reach the 49 zone again, that coincides with where the present 200 EMA is, nobody dares buy or sell it with the way it is behaving now, there is no clear movement or direction in either positions. But the bias is still bearish anyhow we look at it.

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  7. #46
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    Ltc/Usd is not move big from yesterday movement and now its move side ways. Yesterday its move up side from the just above from the 46.88 support level and now we an see clearly its move towards the 50.00 price red resistance line and if its move to more down side then first its move towards the 50.00 level then its offer me a valid sell point with target 48.66.
    Attached Images Attached Images

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  8. #47
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    Between 48.83 - 48.16 there is a very tight range for LTC USD, the 50 moving average is flat, that alone is a pointer that we should not be looking for any action for now, should this level give way, we should watch out for 50.90 for the uptrend and also 46.85 for the bear side, it depends on what whoever is gaining more momentum, lite coin does not want to be gunning for any of these directions for now, we will just use to wait.

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  9. #48
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    R3 49.74 R2 49.28 R1 48.82 Pivot 48.36 S1 47.90 S2 47.44 S3 46.98
    ForexscannerPro Red

    Litecoin is reach today its first target resistance 1 price level and now its fail to move above it which means now its down side trend is start because forexscannerpro is red and below the zero which means now its start to move down side and its move down side support 1 price at 47.90 price which is today target for me this pair.

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  10. #49
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    Now the Ltc usd price is 48.32 and its support is at 47.03 which is hold from previous two days and its resistance is 51.10. This is very strong resistance and market is must pullback to this level and if market is move below side and breakout the 47.00 support then its goes directly towards the 45 price which is its next strong support price.

    Screenshot_13.png

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  11. #50
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    It missed 49 by a few pips before it came crashing, LTC USD does not have any other agenda from here but selling. The yesterday swing low spanning through 46.45 is what this pair is eyeing, but will that happen soon, that is a question for the sellers to answer, the clouds ahead is looking bearish, consequently there seems to be a cross over by the Tenkan and Kijun, these are testimonials that selling is the way forward.

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