TradingView
lancetanner
Mar 6, 2024 12:47 AM

Idea of when LTC will move 

LitecoinCRYPTO

Description

In the past, from bear market low to start of bull market breakout has taken LTC 102 weeks and 101 weeks for the last 2 cycles respectively. We can just say ~700 days from bear low it will take to get bull market breakout. As time of writing, we are currently at week 90 of 101. Using these past time frames we can assume a breakout range for this bull market near end of May '24. From that bull market breakout, it took LTC 37 weeks and 26 weeks to reach bull market high. Taking an average we can assume it will take ~31.5 weeks this cycle after bull market breakout to get to cycle highs. From this analysis im seeing late November '24 to late January '25 will be the range to start looking for cycle highs. Who knows what price we will be at, depends if you think we will break the double top previous highs that we have been consolidating in for the past 6 years or so, but that's beyond this analysis.
Comments
MyCryptoParadise_Nathan
probability is high towards bullish move
lancetanner
@MyCryptoParadise_Nathan, agreed. just need patience
MyCryptoParadise_Nathan
@lancetanner, yeah experienced will easily HODL it
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
lancetanner
@Bravetotrade, Thanks!
geekpe
that is the big dream of ltc moonboys that
this dinocoin break ath and push to 500-600usd
the big detail is that this token is useless not is 2017 exist a lot better tokens
even during halving this not break 200usd....other similar dinocoin bch perform better this rally
push 100usd to 400usd...... the chances that break ath are 20%....but this is crypto all is possible....
teodorsobe
@geekpe, useless LTC?Most used coin for sending money with lowest fees.
More