Litecoin (LTCUSD) shows a bullish sequence from 6.14.2022 low favoring further upside. Short term, rally from 3.11.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.11.2023 low, wave 1 ended at 103.41 and pullback in wave 2 ended at 71.37. The crypto currency has extended higher again in wave 3. Up from wave 2, wave (i) ended at 78.43...
According to ATTMO, Litecoin and XRP are facing rainy weather ahead in the next 24 hours, which signals a slightly bearish market with downside risk. Over a one-week horizon, Litecoin may continue to rise ahead of its halving, while XRP may continue to be under pressure, ATTMO indicates. However, ATTMO still forecasts sun with a few scattered clouds - a slightly...
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The crypto summer shows no signs of abating any time soon ☀️, according to ATTMO. Sun with a few scattered clouds - a slightly bullish market with upside potential - is likely over the coming hours and a one-week horizon. Litecoin and XRP buck this positive trend with rainy weather ahead in the next 24 hours, which signals a slightly bearish market with downside...
The $90 target from the smallest inv h&s (with the cyan neckline) has just been hit! We now have 2 more left to hit. And in hitting the tallest one it will take us up above the magenta trendline which will put into play an even higher possible target…until that happens we will not include that 4th potential target on the chart but probability is starting to favor...
Which of course adds a second even higher breakout target than the 1st one. It just recently retested the line as support and has been bouncing up from the retest which is what I’ve been waiting for to ensure the neckline was a legitimate one. It’s breakout target is the green one. At $106 *not financial advice*
Price, trading volumes and the RSI chart have formed a bearish divergence on the 4H TF. LTC has broken down 50EMA on 30m TF. I believe the asset will continue to decline after overcoming support.
Hi Traders, Investors and Speculators of Charts📈📉 From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis : By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. The fractal we're looking at in...
General usd viewpoint of the Bullish Hunt Volatilty Funnel progressing and Comparison vs ETH
LTC seems to be catching up to a major trend line forming off the previous cycle top. I anticipated this being a major area of resistance for the original alternative coin. Descending resistance is lining up with horizontal resistance and the price action is bouncing between these two key levels. RSI is in the mid 70s, which is a common turning point in...
#LITECOIN HALVING IN NOW JUST UNDER A MONTH AWAY What is the highest price will we hit by the time it comes do you think legends ___
A fake out, in technical analysis, refers to a deceptive market move that initially appears to signal a significant shift in price direction but ultimately proves to be false. It occurs when a price breakout or breakdown occurs, luring traders into believing that a new trend is emerging, only for the price to quickly reverse and move in the opposite...
Litecoin's halving occurs ~August 4 2023. Typically bullish momentum picks up before this. I believe LTC will see a very strong 2023.
After today's massive push up, my next target will be 158 usd. It has huge potantial. Even if it hits 158 I have no intention to sell.
Litecoin / LTCUSD is finally showing signs of bullish momentum, moving towards Resistance A (105.500). If broken, buy and target the 1.786 Fibonacci extension (as on the November break out) at 132.000. If not, wait for the price to pull back to the 1day MA50 before buying. The RSI patterns between now and September-October are very similar. Follow us, like...
I see opportunity to buy here. LTC haling is coming. My strategy about crypto currencies: Always buy never sell. What is a Litecoin block halving event? Block halving event happens every 4 years on Litecoin blockchain. Litecoin's initial block reward was 50 LTC. The block reward splits every 4 years. This lowers the rate at which Litecoins are generated. The...
The weather is tropical 🌴 – translating into imminent correction likely ahead – for Litecoin today. On the other hand, the global crypto summer ☀️ continues with sunny weather in the coming hours and week ahead for the global crypto market as yet another major asset manager filed a spot Bitcoin ETF and on today’s options expiry. This signals a slightly bullish...
Cryptocurrencies were left behind by the recent Stock Market rally. With the arrival of new BTC Bitcoin ETFs, I expect the Crypto Market to follow! LTC/USDT forecast Entry Range: $85 - 90 Price Target 1: $96 Price Target 2: $102 Price Target 3: $107 Stop Loss: $75