LTC continued its price increase last week. Maintaining the uptrend line it intended for broke the resistance of the $70-$72 range, and the price continued to rise to the $78 level. We can consider an ascending channel for the current price. Breaking the resistance of the $78 range could create a new bullish wave in the 4-hour timeframe and activate the next...
Litecoin is the slowest coin to grow. After the whole market rises, it wakes up and starts to overtake everyone. He is like a turtle, from the cartoon "The Tortoise and the Hare", and no matter how fast the hare is, the turtle will reach the finish line before him.
Bearish Indications 1. Double Top Formation 2. Significant Resistance 3. Bearish ABCD Pattern 4. Bearish Divergence Bullish Indications 1. Higher Highs and Lows
I am bullish on Litecoin LTC ahead of the FOMC Press Conference. Those are my price targets: LTC/USDT Entry Range: $57 - 61 Price Target 1: $65 Price Target 2: $71 Price Target 3: $75 Stop Loss: $53
hello guys... it is clear that litecoin BINANCE:LTCUSDT should fill the gap that is held with a long bar candle IMO though. there are two scenarios in this case. 1) price hunt the higher high level and after getting enough stop loss come back to fill the gap. 2) somehow this gap fills after a while then you can get a long position on the bottom of the...
Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bullish momentum accumulating on the pair right now This setiment makes me bullish biased and I am considering a long! Like and subscribe and comment my ideas if you enjoy them!
💲 Litecoin Better Buckle Up 💲 Nearest strong support zone: around the fibo level 0.5 of the entire downward wave. 💲 Nearest strong resistance zone: around recent local peaks. 💲 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Uptrend - Supertrend: Downtrend 💲 Price action: Litecoin as I have written many times before really...
At this point, im still bullish on Litecoin, more so because its history has been some of the best gains at the end of a bull market i've seen in any other coin. Not only is this coin the best Crypto out there, its still the most under valued and I think Litecoin will reclaim that throne in the future. Look out for Prices above $1,000 on the Bull run, but if you...
Greetings. As always i'm happy to share my long charts. Seeing how i've been developing the price action and sentiment on Litecoin all year its pretty clear to me now that it's November 2021 that the price will move up and same as Bitcoin, Litecoin is in the middle of Wave 5. This is a major rising wedge due for breakout and overshoot to parabolic on or around...
Litecoin has held the key support. Looking for monthly MACD to cross up to confirm. Early days but could be epic rally coming. Target up to the Kijun @ $228
✅ Litecoin has fixed above the mirror resistance level. The asset keeps its momentum and trend. Growth will continue✅ 🚀 BUY scenario: long to the resistance area.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
I am curious to see how this situation goes. It seems like LTC needs to cool off on some of the lower time frames. But here on the 4 hour, the stoch rsi is low and turned upward, and the price action is respecting the minimum .236 Fibonacci level. The general trend is up, so my bias is another pump. Only time will tell.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I always keep an eye on Litecoin to feel the overall crypto market. LTC has been overall bullish from a medium-term perspective trading inside the red rising broadening wedge pattern. After rejection the upper red trendline and breaking below the last minor low in gray the...
ETHUSD: Bullish Engulfing Pattern Above $1181 Ethereum was unable to sustain its bearish momentum and after touching a low of 1181 on 30th Dec, the price started to correct upwards against the US dollar moving into a consolidation channel above the $1200 handle today in the European trading session. We can see the formation of bullish engulfing lines in the...
Litecoin - 24h expiry - We look to Sell a break of 73.78 (stop at 75.81) We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A higher correction is expected. A break of bespoke support at 74, and the move lower is already underway. Our profit targets will be 69.01 and...
Head and shoulder pattern on 1H timeframe with decent R:R. Looks like a breakdown will be like, especially with LTC/BTC weakness in mind.
We had a bit of a bearish pullback because of Bitcoin and it was tradable thanks to the Bearish BAMM but now Litecoin just finds itself back at a major support that happens to align with the 200 SMA and the 1.414 Butterfly BAMM PCZ. If Litecoin can pivot from here i think it will go for that $99-$105 target though a more short term target would be $74-$77