Head and shoulders complete -
The dip post head and shoulders has now also played out, while LTC is currently in a prolonged consolidation phase, the refusal to dip below the key support levels does lend some bullish sentiment for the long term.
Bullish Case: If LTC continues to hold above the strong support level and begins to break above key resistance...
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...
for OGs and neophytes whod like to get rewarded every cycle
be it Long Short or simply a bystander waiting in the sidelines for that momentum
Fast and Affordable cheap money transfer
Depressed for next bull 2024
could regain Top 5 status
maybe at PAR or beyond SOLANA's cap 100bn++
Richard Heart used to mercilessly make fun of Charlie Lee, #Litecoin and it's holders
But we see a clear inverse Head and Shoulders in the making.
How could we see this massive divergence of fortunes occur.
I have touched on this a couple of times.
There are only a handful of legitimate Proof of Work coins left in the top 100.
BTC, LTC, XMR being the top 3...
The price action of #LTC has been pretty predcatble
respecting levels , not outpacing the general market
keeping pace with slight periods of over-performance
I think you are about to see run through the magical $100 level
and get up to the $140 level the same price level where Litecoin ran to 4 years ago
I'm predicting a slightly better run this time and...
Looking at Litecoin gives general clues to the health of the #crypto market
Having already 2X'd off the lows already it is showing us relative strength versus other coins.
What can we expect for the halving in 2023
and where can it go?
Litecoin on the two weeks has already secretly started building momentum as shown by the STOCHASTIC RSI on the very bottom. This move should carry it up into the yellow box to consolidate until it does it's final break out to new highs. Once the fifty dollar price point leaves it will most likely be gone fore ever. It's new should be around one hundred dollars....
Litecoin (LTC) is a peer-to-peer cryptocurrency that was set up by Charlie Lee (a former Google employee) in 2011. It shares many similarities with bitcoin and is based on bitcoin's original source code. Litecoin was designed to be used for cheaper transactions, and to be more efficient for everyday use.
What Is Litecoin (LTC)?
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other...
Litecoin - this project is based on low-fee and fast transaction. This was an good idea in 2017 but not now.
LTC is not really dead, but in this bull market we have more interesting thing. So this is the reason why is ltc to slow..
Anyway, if you are trader, you will see that ltc is little bit going up on chart with BTC.
Now is above strong strong level 180...
Litecoin (LTC) is a cryptocurrency . Users are able to generate LTC through the process of mining. Litecoin has a current supply of 66,752,414.51538747. The last known price of Litecoin is 350.57887555 USD and is up 2.94 over the last 24 hours. It is currently trading on 738 active market(s) with $7,743,108,924.32 traded over the last 24 hours.
LITEcoin is the right coin.
(no maxi... reliable and cost-effective digital store of value)
I try not to be emotional, but ya like old gf...
litecoin is always there :)
ADA is bound to pump , sooner or later.
fib retracement checks out at 28%
bullish flag
20D MA >> 200D MA
Already broke resistance
Good upcoming news coming very soon
CRYPTOCAP:ADA
