Litecoin Price Technical Analysis for 31/8/2015 - Something Big is Coming!

Litecoin Price Technical Analysis for 31/8/2015 - Something Big is Coming!

Since the last Litecoin price technical analysis Will This Support Hold?, Litecoin has gained $0.067 or 2.45 percent to trade at $2.800. The better part is that Litecoin is currently in a short-term technical pattern which will lead to a big swing in the price. Read on below the latest technical considerations of the daily LTC-USD price chart. Litecoin Chart Structure - Upon a closer look at the price action of the past 6-7 sessions, it can be found that Litecoin has been trading in a small triangle. A triangle, which is a continuation pattern, in a downtrend implies that a bigger downmove....


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Litecoin Price Technical Analysis for 3/8/2015 - A New Low Is Coming!

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Litecoin Price Technical Analysis for 16/7/2015 - Danger Looms

It seems that the big negatives I mentioned in my previous analysis are coming into play, and well. Since yesterday, Litecoin has crashed in excess of 12% and is now trading at $3.980. If Litecoin fails to recover these losses and closes today's session below the strong support of $4.100, we may see a huge decline of 25% in the coming sessions. And I strongly believe that we will see lower levels. Let's take a look at the technical analysis of the daily LTC-USD price chart above. Litecoin Chart Structure - Litecoin had been consolidating above the support level for a considerable time,....

Litecoin Price Technical Analysis for 28/8/2015 - Will This Support Hold?

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Litecoin Price Technical Analysis for 23/7/2015 - Another Dump Coming?

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Litecoin Price Technical Analysis for 21/9/2015 - No Trading Zone

The Litecoin market has gotten awfully quiet, and so has the Bitcoin market. Now at $2.820, Litecoin is relatively unchanged on a weekly basis, and its key to survival depends on how Bitcoin behaves in the coming sessions. Market participants should note that the technical indications coming out of the Bitcoin market are reflecting a strong bearish bias, which could be a worrisome sign for the Litecoin bulls as well. Here are the latest technical indications derived from the daily LTC-USD price chart. Litecoin Chart Structure - Litecoin is currently trading closer to its recent low of....