Author

Topic: LITECOIN NEXT MOVE- showing us two targets (Read 103 times)

sr. member
Activity: 756
Merit: 268
March 03, 2018, 05:49:41 AM
#3


Dear Traders

This time Litecoin.
Litecoin like Sauron put ring on his forefinger and show us which way wants to go.
There are two routs and all is down to you which way Litecoin will go.
We can see two flag patterns one is in green and another one is in red.
If we loose blue trade line 210$ we will follow RED flag target down to 180$ but I know no one wants this, so
there is another way.
This time we look at GREEN flag and target 285$ but to get there we can't fall below blue trend line 210$ and we need to brake resistant line which stands for 246$
If we will break above 246$ resistant red line we will hit our target 285$

Lets see how Litecoin will play this.

This is for education perpouse only

Source
https://www.tradingview.com/chart/LTCUSD/cZTRLSJ7-LITECOIN-NEXT-MOVE-showing-us-two-targets/


NASdaq is a stolen account, do not trust this user!
member
Activity: 81
Merit: 10
MFG Token Sale - 1st of January
Overall the market seems to be recovering slowly but steadily. Litecoin will likely be no different. There's good support around 185 and a large amount of resistance at $245. If I was looking to trade LTC now I would trade within those margins, I would look to buy around 195-200 and sell around 230-235. The price will likely fluctuate within those limits until bitcoin has a major breakthrough and shows that the market is free to go full bull mode.
sr. member
Activity: 307
Merit: 250


Dear Traders

This time Litecoin.
Litecoin like Sauron put ring on his forefinger and show us which way wants to go.
There are two routs and all is down to you which way Litecoin will go.
We can see two flag patterns one is in green and another one is in red.
If we loose blue trade line 210$ we will follow RED flag target down to 180$ but I know no one wants this, so
there is another way.
This time we look at GREEN flag and target 285$ but to get there we can't fall below blue trend line 210$ and we need to brake resistant line which stands for 246$
If we will break above 246$ resistant red line we will hit our target 285$

Lets see how Litecoin will play this.

This is for education perpouse only

Source
https://www.tradingview.com/chart/LTCUSD/cZTRLSJ7-LITECOIN-NEXT-MOVE-showing-us-two-targets/
Jump to: