LTC SURPRISE MOTHERF-

Took me by surprise and can't believe I had already charted it. Didn't trade it cause of following up on Bitcoin, Ethereum and Monero.

Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.

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First target

Commentaire:

New target. This looks better:

0.0099

Commentaire:

Might not be a target, just a pivot line. This could bring it down. Let's pay close attention to it.

Commentaire:

Sorry wrong link:

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Short now, buy a bit lower

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Going down... good boy...

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Another possible leg up!

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Possible bull flag confirmation!

Commentaire:

By the way, I'm sorry for not having followed up the previous updates. I fell asleep after updating BTC, ETH and XMR for the whole night.

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Elliott Waves + Bull flag formation in an uptrend seems like bullish signs to me.

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We're approaching the Pivot point. I think we're going up, but this could also break down, don't get too confident.

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Place your bets. Red or Green hammer? I say green.

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Pivot did not activate.

Let's see what happens with this triangle now:

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Triangle broke up and it hit two resistance lines. I think we're going to bounce at the tip of the triangle/FIB line!

Commentaire:

It went up a bit further and went down by the pivot line!

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It has hit the resistance again. If the resistance doesn't break, we're going higher.

Commentaire:

Previous resistance line is actually a support line now.

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LTC is getting ready to hit some support.

Commentaire:

This is actually a better view:

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Seems like the support line is actually working!

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Rectangle bottoms. We're going up again.

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We're about to Pivot again!

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We're now inside the pivot. Green or red?

I say red.

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Pivot was down but it didn't to have had much effect. This is good.

Possible targets in the next couple of hours:

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We broke up. And hit new resistance. I just sold some and waiting to buy back lower.

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It was a perfect short.

We just hit the resistance again. I'm waiting to buy just a bit lower.

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Seems like a trend reversal to me. It should break up very soon.

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It went down but pivot lines are working very well:

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We went lower than I expected. Although it seems we're about to come back!

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We did not come back as expected in the previous update. The reason is not related to Technical Analysis, but to fundamentals.

Bitcoin news came from Japan. They are ready to legalise it tomorrow:
www.coindesk.com/jap...law-effect-tomorrow/

This brought the price of LTC down to the lower Gann Fan level. Although it seems we're coming back up again...

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It's coming back up and LTCUSDT gives us another perspective.

Breakout of the pendant and about to get a second green pivot:

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Will this pivot break the resistance?

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LTC signals SEGWIT!

PIVOT was also GREEN!

LTCUSDT going to the moon!

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LTC just hit some resistance and some support:

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Looks like LTC is going to keep going up.

Zooming out...

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This could be a bullish pennant.

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The pennant seems more and more like this:

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The bigger picture

Commentaire:

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This pennant seems more likely now.

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This might be my final setup until breakout:

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If you are not long with LTC yet, I'd recommend to long between 0.0057 and 0.0058. It also seems like the TP for this next stage of the rally will be at 0.0088.

Commentaire:

If LTC were a Hollywood actor, it would be this guy.

www.youtube.com/watch?v=PBXVYM4z...

Transaction en cours:

We went down similarly to what I described.

This is my setup to buy back in:

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Added more curves

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We're going up now. It's consolidating so I just went long again.

LTCUSDT also seems to be preparing for a run-up.

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We're going up!

Just as expected.

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LTCUSDT

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Stairway to heaven

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We're about to shoot up!

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This is a better curve. We're about to launch to the moon.

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Zooming in before breakout.

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LTCUSDT moving just as predicted in my previous update.

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LTC LTC has found good support at the Gann fan. This is a good entry point:

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Just hit some support. Still on track.

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LTCBTC broke out of the bull flag and it's ready to visit ATH.

We just finished the first stop. I'm going short at 0.008 and ready to buy back lower, to keep going higher.

USDT setup shows a good selling point would be $9.50.

Transaction en cours:

Closing up, after leaving the flag behind, there is still need for more correction before visiting new highs.

Closing up on LTCUSDT

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Yes, it's playing out pretty well.

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LTC is looking very bearish to me in the 15m chart. I'd short it.

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next pumps: xrp, bts, str
next dumps: eth, ltc

Commentaire:

Coming back from the dump, we can see LTC testing resistance.

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Not trading it at the moment.

Commentaire:

Looking at the chart again, I think it's possible we'll see a 0.01 by the end of the day.

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Thinking about going LONG again at 0.0072.

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LTC could be testing new highs today.

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Seems to me it's going down now. Looks pretty bearish.

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Yellow flag upper resistance seems ready to bounce it back up. Dip buyers, pay attention!

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Still on track. 0.000066 for a nice dip buy.

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I meant 0.0066.

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I am sorry for not updating in the last few hours. I had internet problems the whole day and just could get back to the chart.

What I see now is a possible retracement. We have previous red pivots located at three previous FIB Time Zone lines. This could be a good opportunity to short and buy lower. I think we're going to keep going up later though!

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To be more concise, we're still going up anyways, I just think this is a small stop/retracement to keep going up later in the week.

Commentaire:

Watch out for when the green candle touches the red pivot... there might be blood.

Commentaire:

It has lost momentum. I think the Pivot will really take it down:

IF it goes down, buy back at 0.009.

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If the trend keeps going up, I expect to reach highs up to 0.0142.

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Moment of truth. This is become more and more red. I'd advise to short it!

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Here is a close up of the Pivot Point:

I think going LONG is the right thing to do at 0.009!

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Rising wedge formation after a negative pivot. I think LTC is ready for more doom!

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Possible Head & Shoulders to continue downtrend.

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Head & Shoulders failed. Now we have a bullish pennant. I think we're going up now.

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It's about to break up!

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It went down but quickly recovered. Fractals show a possible positive continuation of the trend.

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The previous resistance is now a very strong support. Also, we just bounced back the Gann fan support. Two supports seems to me like we're going up!

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Litecoin seems to be ready to break the Fan level and go to new highs, around 0.014. Let's see how it goes!

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Litecoin, with the rest of the alt-coins, is finally ready to take off. This is the setup:

Commentaire:

TP: 0.014.

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Seems like a good support. TP still 0.014.

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Testing support again.

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Support confirmed, it seems...

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Pivot point worked!

We're going up it seems.

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LTC about to break up?

Bigger picture

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Broke up!

First target at 0.018.

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LTC could be ready for a new low to continue bullish tendency afterwards

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BitPivot.

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Pivot seems to have worked.

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LTC / USDT

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Pivot worked!

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LTC will probably retrace to the lower fan level or to the lower support level at the bottom of the channel.

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BitPivot seems decided to bring LTC down.

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I think BitPivot has taken a decision.

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It could also be consolidating to go up.... let's see what happens.

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Went up and then had a small correction. Seems like a good opportunity to go long before BitPivot takes LTC to test the upper resistance level.

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LTC is about to get hit by BitPivot to reach new highs.

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BitPivot attacked last night. Now, fractal logic suggests it's time to go LONG.

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Still weak and we're inside a descending channel. We will break it up, but we might touch the bottom at the next FIB level.

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Still bullish. Look at this beautiful pennant in the 4h chart.

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I will continue updating this idea in the new chart: