#ltc
Litecoin has broken out of a symmetrical triangle pattern and has been accompanied by a successful retest👀
This indicates strong potential for a bullish rally in coming weeks🚀
Friends, lets take a look back to 2016, before the infamous 2017 bull run began. We can see a lot of similarities when we zoom out and look at a 2 week chart to what we are currently experiencing.
Pay attention to the Stoch RSI, we saw a test of a similar ascending triangle before a pullback and consolidation for about 9 months!
I am not saying we will have to...
Here is yet another Bullish Chart of LTC this time i'd like to point focus on a huge Cup with Handle i just discovered while looking on the higher timeframes. We haven't broken out of the handle yet but if we do out next target based off the measured move should take us to $9,493
Hello Everyone,
The LTC/USD pair has experienced a significant decline in recent weeks. To sustain bullish momentum, it's crucial to secure a position above the 1Y PP. However, if the price fails to maintain this position, we could witness a retest of 1D/1W/1Y support levels!
TradeWithTheTrend3344
Litecoin is repeating a much larger version of the run back in its earlier days as I show in the charts. This next move up in Litecoin is going to shock the entire cryptosphere. This is just looking at the chart and if the move repeats on a larger scale then Litecoin will probably be in $10000 dollar range. This might sound absolutely insane I know, it sounds...
If it breaks this pattern, LTC will rally very strongly to $130. However, if LTC declines and forms a 3-peak pattern, it is possible that LTC will fall to the $90 area and even deeper to the $70 area.
As you can see on the chart, LTC has been hovering around the bottom bollinger band and has held up pretty well compared to others in this most recent correction…If Bitcoin stabilizes I think it’s time for LTC to move up and start it’s bull run.
Let me know what you think in the comments below.
Not financial advice. DYOR
On November 27th, 2023 the “Collapse to $30” idea was published (below). The idea was met with some rebuttal, shall we say.
The evidence for a collapse in Litecoin price action has only grown in the past few months.
A new candle prints on the above 2-month chart in 14 days. If it prints as is, it will be a Gravestone DOJI. Such candlesticks on this timeframe...
LTC way oversold. Bought more between $81 - $83. Will add again if drops to $70 range and holds. Possibly sell around $100 if its a fast move. Who Knows but lets go
Hello Everyone,
Given the recent USD developments, LTC/USD has explored support levels down to the 1Y PP, which has effectively held as a support level thus far. It is imperative at this juncture for the price to maintain above the 1Y PP to sustain its upward trajectory. Our immediate objective is to ensure a consistent position above the 1D PP to validate...
This is my 4th Idea or "Chapter" to collect evidence for my theories.
This Chapter is to observe the results of price Returning to Impulse.
I will be adding examples as ongoing "Updates" whenever I spot them.
Impulse = strong continuous force for a limited amount of time.
When there is a return to Impulse, it is a critical zone to watch.
Rejection from,...
LTC is showing a glaringly obvious trend line in its daily RSI.
Bitcoin is looking like it wants to retest recent highs as well and is in the process of breaking a series of lower highs.
With LTCs halveninf having happened mid last year, if Bitcoin decides to take off here, LTC could be dragged into a rather large pump. No position here for me unfortunately as...
And possibly below $10 after that?
Most if not all Alt-tokens have returned to their 2017 lows with 95% to 98% corrections since 2021. Pick any token popular at that time:
1) DASH.. 95% correction with a return to $25 in 2023 as it was in 2017. Inflation adjusted, the price should be $19! A bucket of expired sardines in a Norwegian Fish-market has gained more...
After 4 years of accumulation period, LTC is finally breaking up the long-term resistance since May 2021 when it reached ATH.
It looks like we are finally ready to take off.
Overview:
LTC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action reaching a critical support level. This convergence suggests a potential bullish reversal from point D, presenting a favorable opportunity for traders to capitalize on the anticipated upward movement.
Entry Strategy:
We recommend entering a long position...
