A few weeks back I made a chart on Litecoin named "Litecoin and it's historical patterns" linked in this chart down bellow. This is literally the same exact chart but I've added the "LTC Log Curves based on Fibonacci math sequence. Look at how good it's fit on the original analysis!
On the bottom I have the "Litecoin Wizard" I'm not entirely sure what this is based on but I do believe it's on chain information. I have added to this indicator a support level (buy area) and a Litecoin hyper level that is above the yellow line and heavy profit taking area. As we can see it's not there very long, so when it is take advantage of it.
Back the log curves, assuming LTC stays within a this growth channel and doesn't break below the green area, we can reasonably say that eventually LTC will hit the top of this curve (red area) again one day in the future. That area if hit sits at a possible 2500 LTC in 2025 to 2026. You have to keep in mind that it might never hit the top of the channel ever again, there is no guarantee of it.
By combining both of these indicators one could find a very good sell area and take profits in the future and then re apply it to rebuy again after that.
This is not a prediction or a buy recommendation by no means. It's a simple observation using specifically designed indicators.
Thanks for looking & leave a comment on what you see down below
WeAreSat0shi
Stay Blessed!
On the bottom I have the "Litecoin Wizard" I'm not entirely sure what this is based on but I do believe it's on chain information. I have added to this indicator a support level (buy area) and a Litecoin hyper level that is above the yellow line and heavy profit taking area. As we can see it's not there very long, so when it is take advantage of it.
Back the log curves, assuming LTC stays within a this growth channel and doesn't break below the green area, we can reasonably say that eventually LTC will hit the top of this curve (red area) again one day in the future. That area if hit sits at a possible 2500 LTC in 2025 to 2026. You have to keep in mind that it might never hit the top of the channel ever again, there is no guarantee of it.
By combining both of these indicators one could find a very good sell area and take profits in the future and then re apply it to rebuy again after that.
This is not a prediction or a buy recommendation by no means. It's a simple observation using specifically designed indicators.
Thanks for looking & leave a comment on what you see down below
WeAreSat0shi
Stay Blessed!
Trade active:
Litecoin has usually led the way in the bear markets. Nothing different so far this bear Market. Still more to come with litecoin. Also Cramer has given it his stamp of approval a few days back, by saying "idiots hold litecoin".
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Litecoin's next move to $120 in the few weeks?
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Moving Right Along!
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Any price @ the $85 to $90 level is a full buy!!
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Litecoin is showing amazing resilience and has continued growth. LTC has another move brewing. $140 could be next with a final move to to $180 - $190 max. alter in the year.
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Right on track.
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What is next for Litecoin? Follow the chart.
NEVER SELL under fear, NEVER BUY under euphoria.
NEVER SELL under fear, NEVER BUY under euphoria.
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Litecoin has now closed a 2 week candle below the logarithmic growth chart. It might have some trouble getting back above it but, when it finally does, it show a lot of strength.
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Look for Litecoin to break into the log curve area and have a rally over the next few months. It is showing signs of momentum building up in litecoin again.
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Litecoin has now popped back in to the bottom of the log. This could be the beginning of a parabolic move. Getting some weekly closes and 2 week closes above is a very bullish move for weeks to come.
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New update!! LITECOIN, BIG MOVE COMING!!
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A close above the .382 Fibonacci level is very strong. Add in the break out for the wedge and you have a double resistance break out. If this happens $180 to $200 is likely in short order.
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