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19.12.14 – Litecoin – Update

Price at BTCe in consolidation | 4HR time interval On the long side: Temporary resistance is set at $2.88 (white dotted line) and still holds. A strong break above this level may lead price to test $2.96-$3.04 resistance zone (double orange line area). It is estimated that a continuation above this zone, will significantly increase […]

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02.12.14 – Litecoin – Update

Price at BTCe in tight range | 4HR time interval Since 29.11.14 price has been consolidating between $3.52 20MA Lower BB and $3.58 20MA Upper BB. On the long side: A strong breach above $3.58 (red dotted line) may lead price to test $3.65 200MA overhead resistance (pink dotted line). If the latter is overtaken […]

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20.11.14 – BTCe – Target Update

Quick Update | Daily time interval Low target at $3.52 almost hit. If you are actively trading please review the latest update. Overall: Overnight price weakened significantly. Currently testing estimated support around $3.52. Stochastic is entering negative momentum territory indicating possible further weakness ahead. ***Please note that the same applies to other exchanges too*** Our […]

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19.11.14 – Litecoin – Update

Price at BTCe testing 100MA support | 4HR time interval For the past 12 hours, price has been testing the 100MA support at $3.72. On the long side: Price needs to paint a confirmation above near term resistance at $3.84. This will possibly lead to a retest of the recent double rejection area at $3.94 […]

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