LTC/USD - Page 62
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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. #611
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    LTC/USD in 4-hour time frame moving in bullish direction,RSI (technical indicator) indicates a increase in buying pressure over the selling pressure due to the recent price uptrend.The Bollinger bands are diverging and a high volatility in the price of LTC/USD is expected,so buying the pair is a good idea.
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  3. #612
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    Litecoin trading with a noticeable negative yesterday to start pressing the pivot support 75.25, as we indicated in our recent reports, this level is required to confirm the long-term bearish wave extension, where our following objectives are located at 69.43 and 67.40.Therefore, we will continue to weigh the downward trend in the coming sessions unless the price rushes to penetrate the 84.65 level and remain above it.


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  4. #613
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    LTC/USD during the first trades yesterday and due to the weak demand on it failed to stabilize the highest areas of 81.66 $. These levels are opening up the $96.17 hopes for traffickers and the encrypted currency has landed towards the $75 areas from which it bounced towards the $81.99 areas.


    LTC/USD is still failing to end our neutral view, as the sellers are not strong enough to break the $77.48 levels as that, the buyers are not better off them to penetrate $97.28 on the 4H chart.


    It is expected that in the event of penetration levels $81.68 may target 96.15 $ areas. On the other hand, in case of broken area $75.00 may target $67.45 levels.


    Support: 71.86-63.49-58.79.
    Resistance: 85.81-94.62-109.51.


    Direction: Neutral


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  5. #614
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    Litecoin fluctuates around the moving average of 50, and needs to get a strong negative incentive to push trades to decrease again and break the 75.25 level to confirm the downlink's long and short term, where our following objectives are at 69.43 and 60.In general, we will continue to weigh the downward trend in future sessions unless the level of 84.65 is breached and the stability above it.


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  6. #615
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    Litecoin price fluctuates around the 50 moving average, which is a constant negative pressure on the price, to support the constant downward trend in the instantaneous and short term, waiting to exceed the 75.25 level to facilitate the task of targeting 69.43 levels and then 60 mainly.In general, we will keep our expectations of the downward trend unless the 84.65 level is compromised and maintained above it.


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  7. #616
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    Litecoin bounced during the first evening trades yesterday from the $78.77 areas and continued to rise to penetrate the 81.67 $ areas. During the morning trades, it failed to stabilize the highest levels, thus dropping to $79.99 areas as a result of weak buyers ' resolve.


    Litecoin is not new and it is still circulating between $77.48 areas and up to $97.28 levels due to the weak torque of both Taurus and bear on the 4H chart.
    Until now, the currency continues to fail to penetrate the $81.67 areas that target the $96.16 levels and today this signal ends.


    It is expected that in the event of penetration levels $81.67 may target currency areas of $96.15. While, in case of broken area $75.00 may target $67.45 levels.


    Support: 71.86-63.49-58.79.
    Resistance: 85.81-94.62-109.51.


    Direction: Neutral.


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  8. #617
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    Litecoin was tested for axial resistance 84.65 yesterday and bounced down from there, to keep the downward trend effective during the upcoming sessions, backed by a negative stochastic, waiting to continue to decrease to break the level of 75.25 and open the way to go towards levels 69.43 and then 60.Be aware that penetrating 84.65 will pay the price to achieve positive goals starting at 90.47 and extending to 99.87.


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  9. #618
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    LTC/USD shows some upward slope to test the moving average of 50, accompanied by a noticeable loss of stochastic moment and access to saturation areas in the purchase, pending the stimulation of the price to resume the projected downward trend for the next period, which begins with the breaking of the level of 75.25 To confirm the extension of the downward wave about 69.43 then 60.Persistence without 84.65 is important for the continuation of the expected decline, as its penetration will lead the price to gain starting at 90.47.


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  10. #619
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    Litecoin During the beginning of this week's trades landed from $83.14 areas due to bear pressure, and continued to land until the 73.60 areas it achieved last Sunday.


    Litecoin we look at is so far neutral as a result of trading between $77.48 and up to $97.28 areas on the 4H chart. It is noteworthy that Litecoin failed to break the lower boundary of the neutral's direction for the third time during the first evening trades yesterday.


    It is expected that in the event of penetration levels $84.81 may target 94.10 $ areas. While, in case of breaking the $73.60 area may target $61.05 levels.


    Support: 71.86-63.49-58.79.
    Resistance: 85.81-94.62-109.51.


    Direction: Neutral


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  11. #620
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    LTC/USD succeeded by breaking the 75.25 level and settling below it now, approaching our first negative target expected at 69.43, and delaying a downward slope to exceed the stated level and then opening the way to target 60 .Consequently, the downward trend will remain predicted over the next period with the support of stochastic negativity, provided the price maintains its stability below the 84.65 level.


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