TradingView
UnknownUnicorn10818982
Feb 2, 2021 8:37 AM

Litecoin - The Perfect Adam & Eve Pattern. Do Not Miss Lift Off! Long

Litecoin / United States DollarCoinbase

Description

Fellow Traders and my JDM Junkies on IG,

Please fasten your seatbelt. You will not want to miss when Litecoin launches off the ground.

Through the volatility, we sometimes forget to look at the bigger picture. Let me remind you again. Litecoin is forming the perfect Adam & Eve pattern on the weekly timeframe. It is the ultimate sleeping giant. LTC has survived weeks of significant downward pressure triggered by major BTC correction. Volume levels are shouldering up to legendary levels reminiscent of November 2017 (7.477M). Volume has traded above 7M 3 weeks out of the last 7. It has been very quiet but volume is still accumulating... and we know why. Lift off soon, that's why.

The Breakdown:
  • Accumulating Volume, total volume 7M+ 3/7 weeks
  • Currently trading above a very thin Kumo cloud.
  • Extremely bullish Tenkan-Kijun upward cross way above Kumo cloud
  • RSI >65 extremely bullish with strong upward pressure
  • Still following trend on beautiful Adam & Eve pattern formation on the weekly time frame
  • And BEST OF ALL, Litecoin is trading at barely 33% of it's ATH, while notorious BTC has already catapulted into the ATH and way past it. LTC has a loooooong trip. It hasn't even started yet. It's going past the moon. FYI.


Litecoin is ripe for the most explosive alt coin launch in history. There is a reason why the richest man in the world, Elon Musk, wanted it on his PayPal platform. End of Q1 is approaching. Buy and Hold or risk FOMO. This is your last warning while it's consolidating. Like this post and spread awareness. Litecoin to the moon! Target... $2000.
Comments
martinh5621
I charted the same thing, look at the LTC/BTC pair and its primed and ready for launch also. I think its ironic that both have been forming for years and have the same timeframe potential as to now being ready to take off that its kinda scary lol. I see massive massive gains for litecoin here in the next couple of weeks and your right, this setup is too good to not hop on now.
More