Signal: Red -> Green Context: Green Waiting for a Breakout LTC, Litecoin, LTCUSD, LTCUSDT, LTCUSDTPERP, CRYPTO,CRYPTOCURRENCY DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
You can see prediction of 5 waves so first we must see 59$
Here's a schematic I drew out replete with some volume spread reads which seem to indicate LTC may be fixing to distribute. If we rally above TRR we must take caution to ensure we are not buying into a liquidity grab before the LPSY dump. If you chose to swing this, the lower retracement levels are ideal profit-taking/selling opportunities; for longer-term hodlers...
Litecoin is moving within a downward structure. The price failed to break the resistance level in the liquidity zone. I expect the price to fall if LTC fixes under the liquidity zone.
Litecoin dominance was in a degenerative state since 2019. A strong reversal move has emerged with a 70% gain in a very short time. This is unusual for a dominance chart. The bars pattern placed just is a punt showing a recovery of the highs of dominance for LTC. Litecoin is a great long choice based on this chart and other charts linked below
LTC is in very similar bottom fractal in price action as well as in RSI. If the fractal is to be repeated, we are expecting one more down wave and consolidation with higher lows after that, before the next bull market.
ETHUSD: Double Bottom Pattern Above $1218 Ethereum was unable to sustain its bearish momentum and after touching a low of 1211 on 07th Dec, the price started to correct upwards against the US dollar moving into a consolidation channel above the $1200 handle today in the European trading session. We can see the formation of a bullish harami pattern in the...
I bought litecoin here at 67USD, Expecting 84 USD. Long term target would be more than 800 USD
I was bullish on Litecoin since 2 days ago and thought it will rise to the 95-100 zone. However, the coin started to look tired and I closed my trade just above 80. In my opinion, crypto bulls are not out of the woods and a new wave of strong selling could follow in the near future, so I'm preparing for this scenario. In Litecoin's case, looking at the chart, we...
Everytime Litecoin outperforms Bitcoin (shown by the orange line), a new Bull Cycle starts. This has been historically holding since 2015. We can claim that an LTCUSD channel up is an early buy signal for BTCUSD. And right now LTC is in a similar rising channel as in January-June 2015 and January-June 2019! Bitcoin is most likely in an accumulation period ready...
I saw this in a prior analysis but thought I would elaborate a bit. The horizontal in 2017 was a period of low volatility, extremely low. But it was a great place to buy. Price pumped to about $300. The horizontal seen today shows low volatility again, on a grander scale. Can the pump points be compared? As digital currency enters the mainstream Litecoin will win...
MA Convergence and subsequent trend reversal These crosses are referred to as golden crosses Daily chart Further charts for LTC below
Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022 We look at the logarithmic chart LTCBTC is trading near the lower support line of the descending channel, against the backdrop of good news, I expect a rebound to the middle line of the channel, and possibly even to the channel resistance line. Current LTC price 70$ Best regards EXCAVO
crypto market is falling. ltc coin cannot grow alone. A drop down is expected to test the previous bottom
Litecoin made some nice breakout above November highs recently, which we see it as a higher degree wave C or maybe even wave 3 after a completed irregular/expanded flat correction in B/2 on November 9th. Litecoin hasn't finished its rally yet, it's still pointing higher within wave C/3, as five-wave cycle of the lower degree looks to be unfinished. So, be aware...
Hello, I hope you are well, dear traders I think we should move down from the red area to the green area. be carefull
Litecoin is breaking out above a major downtrend resistance connecting the May'21 and Nov'21 highs. The last pre-halving rally began roughly 7 mo before peaking (Jun'19) 2 mo ahead of the Aug'19 halving. If LTCUSD behaves as it did last cycle, w/ the next halving occurring Aug'23, and the pre-halving rally ending ard Jun'23, the 7 mo pre-halving rally has likely...