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Litecoinprediction

$LTC broke out of a textbook Adam & EveHello dear padawans and crypto traders. I think 2021 will be the year crypto establishes itself in the mainstream financial markets. Not only institutional players started catching up but retail investors are also realizing that cash is very weak. According to several articles I read the dollar is expected to lose a big chunk of its value in 2021. Yale economist Stephen Roach estimates a loss in value of about 35%. That is a lot of value to lose in one year. Additionally, people are realizing that our financial system is corrupted by default. It is designed to favor big players and corporations over the rest of us. The most compelling example of that is the GME/AMC fever that forced brokers to halt trades on those tickers. Had they not placed the halt they would most likely not be solvent. That means they are not expecting retail traders to move stocks like that and that the whole system is designed with that premise. That sucks, doesn’t it? That is my view on why I believe crypto will start flying higher from here on out. Things could always turn out different because there are so many variables in this game but a lot of evidence points to a definite rise in the crypto market cap and more broadly incorporation of crypto into everyday financial activities. Bitcoin is the main player but several other coins will benefit from that rise. LTC is one of them. All that said, let’s take a look at LTC. As you can see on this weekly chart, LTC just broke out of a textbook Adam & Eve pattern that has formed over the course of almost 3 years. The mid term target is the measured move from the lower valley of the pattern (the V portion of it in this case) to the neckline (resistance) plotted on the breakout level. That would take us to about $290 in the mid term. That doesn’t mean the price couldn’t retrace from here (it does look a bit overextended) but the overall picture is very favorable for new highs. I am accumulating at these levels and will continue to do so if the price retraces. Good luck and safe trades! Show your love: If you get anything out of this TA, please hit the like button so other can find this analysis quicker. Follow for more: If you want the best entry/exits just follow me, you won't regret. Thanks a lot! ***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
COINBASE:LTCUSD
by Safe_Trades
4
Litecoin - The Comeback of LTC Part I - BULLEESHHH PRICE FORCASTLTC, like before, has watched ETH and BTC moon without it. It wants some of the limelight. It is Litecoin's time to shine. I am going to send it from here- but do not let any freak pullbacks shake you out- as long as MTF trend confluence continues- This BEAST WILL RIP!! Sincerely, - SKYLOBSTER *** This, as with any other content produced and shared on trading view, is not financial advice. Hell- In fact I wouldn't take financial advice from myself. I did not like Trump very much, but sheesh WE CANT LET CONFEFE DIE.
POLONIEX:LTCUSDLong
by SKYLOBSTER
LTC - PARABOLIC IN THE NEAR FUTURE !? Good evening, I`ve been holding, trading, using, transfering, buying and loving LTC for the last 5 years, and I feel that I owe LTC some bullish cred. ! : 1. LTC seems to be very undervalued in the bullmarket we are experiencing right now. 2. It has all the fundementals of a proper cryptocurrency ,- and since both ETH and BTC ( from the original top 3) has set ATH it would be very likely that we will see LTC getting a significant boost in the near future. 3. The trendlines speak for themselves, and with LTCs seniority in this market it would be weird if traders and holders don`t appreciate it more in value as one of the leading cryptocurrencys that has done so much crypto-community. Hopefully the trend continues so that LTC can get back to were it belongs - at 3rd place of the biggest cryptocurrencies ! Have a nice weekend, and good luck with the trading !!
BINANCE:LTCUSD
by Van_Geld
1
Litecoin (LTC) This Will Be A Big Chain Reaction Of Bull RunHey friends, hope you are well and welcome to the new update Litecoin. Support and resistance levels: After getting rejected by $170 resistance now the price action is breaking down the $140 support. The next support is at $110. Up-trend line support: The priceline of LTC has found good up trendline support on the 2-day chart and testing this support at the moment. At the same support level, there are also exponential moving averages 10 and 21 supports. Down channel: On the weekly chart, the LTC with BTC pair has formed a down channel and the priceline is at the support of this channel at the moment. There are 25 and 50 simple moving averages resistance levels above the priceline. Shark Move: The priceline has completed a Shark move on the weekly chart and entered in the potential reversal zone. A bullish Butterfly move: If we zoon out the same weekly time period chart, then the price action has completed another bullish harmonic bullish Butterfly move. The final leg is retraced up to 1.269 Fibonacci level whereas we need a retracement up to 1.27 so there is a difference of 0.001 Fib level. Therefore it is possible that the price line may drop a little down and then start a powerful rally to the upside. Big BAT move: On the very long-term 2-month chart the price action has completed a big BAT pattern and entered in potential reversal zone: Conclusion: The price action has formed a small shark then a big butterfly and then the biggest BAT harmonic moves. Therefore there can be a big chain reaction started that will lead the price line to set a new high.
Long
by moon333
3
LTC - 2h. Buyers kept the growth trend!Despite the sharp drop in LTC prices provoked by BT C, the price range is important $126-131 withstood the blow. The price of LTC remained in the white growth channel. The sellers tried to break through this range at high volumes. After the formation of a false breakdown , buyers seized the initiative. If the local fall wave is complete, the price should not fall below the range of $126-131 today. This signal will allow you to make a short-term trade with a target of $150 . The current wave of fall has reached the first target of our previous idea. In addition, the preliminary idea has a global LTC growth target. If you haven't viewed it - click on the link below : _____________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
13
LITECOIN RETESTING KEY SUPPORT ZONEIn the 4h Chart Litecoin formed a bearish structure, it has failed to break the resistance at 155.00 and formed 2 lower highs, the most likely situation is that Litecoin could reach the strong support at 122.00. If the key level at 122.00 holds, this could be a good idea for new buy entries. If instead the supports breaks we might see a bearish move until 100.00. Safe sells are set only under 120.00, otherwise i wouldn't open a sell position since in the weekly chart we still have a strong bullish trendline.
BITSTAMP:LTCUSDLong
by Luke220600
Litecoin IHS to $179Litecoin broke down as I suspected. It was up against too much resistance and lots of profit takers at the $180 level. It's currently creating an Inverse Head Shoulders with a target back up to test $180. That would be a nice level for profits. After that I see a healthy retracement down to the $154 level to build liquidity; so we can go higher for another profit taking near $220 Let's see how this plays out over the next 7-10 days. Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
KRAKEN:LTCUSDLong
by CryptoDude79
1
LTC-4h. Correction to $131 is possible.Judgment Day has come! Buyers managed to break the $147 level. Thus the purpose of our previous idea is achieved. Trading volumes at the time of the $ 147 attack were very high. Today, the sellers decided to show their strength and returned the price of LTC within the white wedge. This will now address the question of whether the $147 break is false. Closing today's day candle below $147 Sellers will go on the attack. Buyers will have one last chance to counterattack from $131 . By lowering the price below, the price of LTC will fall to $100 If buyers today keep the mark of $ 147 - then the next goal of buyers - $220-230 . _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
12
LITECOIN - Intraday Update - 12/09/20 (Short-term) LITECOIN - Intraday Update - 12/09/20 (Short-term) Outlook : Expecting LITECOIN to recapture its $93.00 high and beyond. Breaking above $86.89 is the next upside objective for the bulls. (Fist a Bullish Evidence) Analysis : The break above $93.00 signals the second wave consolidation is complete, and the move puts LITECOIN back on track to challenge the next upside hurdle. The bulls are in control while $64.30 - Wave ii - stays intact as support. Bottom Line : A third wave rally is in its early stages. Subdividing higher within wave iii of (iii) Note : Prices can vary between LITECOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
COINBASE:LTCUSDLong
by ferGOD