Buy orders between 100$ - 94.75$ Stop loss at 91$ Take Profit around 121.90$
on the LTCBTC chart the 1.618 fib level is a point of interest, where price will likely be rejected bullishly with aggression As has been observed in the past On the USD pair a Golden cross has been recently observed, the previous golden cross on LTCUSD led to the ATH Will we see ATH this year? likely. Deathcrosses in red, golden crosses in green (1) is a...
The bullish structure is shown more strongly in the chart below
Don't Chase 125$ May be like this happened Several times it will help to pick up May be this weekend Will soon If u like push @ leave comment
TARGET 200 Wait for breakout Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
AIONUSD and LTCUSD are both sharing a similar bullish advancement structure. This is a common one for Litecoin with a similar pattern appearing before the massive move to ~300 in 2017 I will link the chart below I have seen this structure across many coins, a good sign?
The cryptocurrency Litecoin LTC about to breakout of trendline pattern. Also notice bullish divergence created on Williams Vix Fix Indicator. Similar pattern has happened before and a good move to the upside occured.
short:✅ 146 - 148 ✅ 🎯TARGETS: 1- 135.20 2- 124.50 3- 116.00 💵 Trade Size: 3% of Portfolio 🚫Invalidation(SL): 156.40
I will be buying ltc in this zone for a bounce, I will average the entry if necessary to the invalidation point
Double bottom formation, wait for a bullish pressure for your next trading opportunity. 👇 Follow for more daily forex content and education 💪 Good luck to you! Don't forget to like and share, it really helps. Stay tuned. This is just an idea, not financial advice.
LTC/BTC can be seen reaching a critical area within a falling wedge that has formed while the USD pair can be seen forming a similar price pattern comparable to the 2017 booster that pushed the price to ~300 From this and the Fib Channel I draw the conclusion that Litecoin could hit ~2k by early - mid 2022 One of the first coins I ever owned, can't go wrong
I think a big move is coming for LTC Just as happened at .618 (labelled 1), at 1.618 Price has climbed over the fib ring for that level, last time it led to an explosion in price Is another explosion approaching? Wishful thinking, but also a possible reality.
Litecoin has made some staggered moves upward Similar scenario can be seen in 2017 This is a good sign for the bulls is all I can say UP !
Heres what I'm thinking is going to play out. A drop to the high 90s low 100s. At that point I expect a rsi divergence on the daily which should catapult us up to retest the top of the channel. Hopefully break upwards at that point and aim for 220 resistance.