Of the 3 coins analyzed today, Litecoin I like best.
As we can see from the daily posted chart, after the top above 100, the break under the rising wedge's support, and the drop in support, LtcUsd has started to rise again.
This rise is very constructive and we have had higher lows since March with the last low being a Pin Bar.
Resistance is now the zone between...
Litecoin - 24h expiry - We look to Buy at 89.11 (stop at 86.11)
Previous resistance at 89.00 now becomes support.
Support is located at 89.00 and should stem dips to this area.
Short term oscillators have turned negative.
Short term bias has turned positive.
50 4hour EMA is at 89.09.
Expect trading to remain mixed and volatile.
Our profit targets will be...
It seems to us that the LTCUSDT price is consolidating before a strong upward momentum. The upside potential is +60%, and if we are lucky, it will be +100%.
In general, today's idea fits into the concept of the idea from 2 months ago, where we recommended buying Litecoin no earlier than 65-73$
Last night, when the BTCUSDT price updated its local low, the...
The top cap indicator in red shows the prior bull run top for LTC in 2017 at roughly 350
We are now experiencing a similar bullrun so expect similar bull moves
Plotted bars pattern in green to the top of the top cap indicator
Litecoin creates continious pattern falling wedge
Buyers come into market and support it many times
LTC is Ready to fly
A pullback is expected before start to up
Litecoin breaking the moving average in the monthly timeframe indicates a bull market. $130 is seen as the target first, but higher levels can be seen if this is broken.
Historically, when a global growth trend emerges, Litecoin is ahead of the "train" and sets the pace.
We described this in more detail, with graphs and comparisons, in our previous idea here:
If we look at the LTCUSDT chart, we will notice that while almost the entire market was still growing well in the previous weeks, the LTC price stopped before an...
Rally in the price is mainly due to halving of coin which is likely to happen in August 2023.
In the last halving (which happened in August 2019), the price showed the movement of almost 553% from its low of Dec,2018.
Currently, the coin is trading at $94.9 with support at $84 and resistance at $103.34. If the daily price candle closes above the resistance,...
Litecoin - 24h expiry - We look to Buy a break of 88.21 (stop at 84.71)
Hourly momentum has stalled and our bias is now neutral.
Daily signals are mildly bullish.
A break of the recent high at 88.12 should result in a further move higher.
Short term RSI is moving higher.
The medium term bias is neutral.
Our profit targets will be 96.71 and 98.71...
the Lit coin reached to lowest price since it is generated the chart formed head and shoulder and breakout done already the price will continues to growth to 133, 144 levels
Our priority scenario in Litecoin has changed after yesterday's drop below $90. We still believe that LTC will continue to rise in wave 3 above $105.57, shorter term targets we will be able to determine after the correction is over. A drop in price below $81.76 cancels this scenario.
Our priority scenario in Litecoin remains the same: Growth in wave 3 is developing and this move could lead prices to $105.63 and higher. In case the LTC price falls below $90.04, this scenario will b
Our priority scenario in LTC is the continuation of growth in wave (3). Prices can come to $105.63 in the next few days. The mark of $90.04 is the level of cancellation for this scenario.
As I draw attention before, the 100 zone is a very strong resistance for Litecoin, and, in spite of this recent hype and "back to bull run" calls from the crypto Gurus, I don't expect it to have a sustained rise above this figure.
As we can see from the posted chart, LtcUsd already started to drop from this zone and also the recent leg up from December is a rising...
💸 #Analysis #Trade 💸
📊 #LTC 1H-45min_
In one hour's time, it is on a static surface (SR) that according to the number of collisions, there is a possibility of failure of this region from the RTM-style point of view. For the trident on that cryptocurrency to act this way, it will be activated by the Order Lifetime targets will be updated.
➖➖➖➖➖➖➖➖ ...
Litecoin is climbing further North to reach the blue target zone between $132.29 and $154.36. Within this zone, we expect the coin to fulfill the blue wave (iii) before pulsing down to the corrective low of the blue wave (iv). After completion, the course can rocket back towards the sky to carry on its bullish trend until the pink wave finishes.
Hi Traders, Investors and Speculators of the Charts 📈📉
The continues market cycle between Bitcoin and altcoins can clearly be seen at the moment. It goes something like this:
🤩 Bitcoin goes UP ... Bob Fomo buys the rally
🤔 Bitcoin corrects ... Bob panics and sells
🤑 Altcoin rallies ... Bob thinks, screw BTC, I'm going all in on this altcoin
😨...
