The title really says it all. LTC is trading around the 1W MA50 on a possible mid term support event for the current Bull Cycle, which is methodically repeating the 2015 sequence. This MA period previously held throughout 2015 - early 2017 up until Litecoin initiated its super strong rise to the mid $300s peak.
Notice how the Top-to-bottom and bottom-to-Halving...
It is hard to see historically a quick recovery under the strength of a daily death cross. Litecoin has that to deal with and then some. It tried to go over resistance (The green trendline) in a very weak way but both the resistance and trendline meet right where it tried to pop up and when two resistance lines meet the likelihood of a drop is very strong. As we...
LTC just experienced the Halving event. The current cycle is repeating methodically the 2015 sequence and so far we have reached the point where the 1D MA200 is supporting. This MA period previously held throughout 2015 - early 2017 up until Litecoin initiated its super strong rise to the mid $300s peak.
There is no reason to expect something different this time....
#Litecoin # Bitcoin #Ethereum #LTCUSD # BTCUSD
Hellot o all watching my charts.
Short is the game to play in all cryptos since some days.
I do hope you have followed ,my charts and have seen the sinals
yourself and are winning money.
Now one support after the other brakes , as i write that
next support have been broken.
Next Hold is 66 USD !!
Hello to all watching my charts
Litecoin LTCUSD is similar to Bicoin at the moment on a run move long.
THe charts of these pair is much stronger than Ethereum ETHUSD
Both of my trendchannels are showing a long rund
AND the shorttime channel which shows us the next direction at first
is getting up an up, so showing us, that the long trend is very fine.
Litecoin is trading on a very simple pattern. On the Fibonacci Channel, every level crossed eventually turns into a support. While this support is provided, LTC is targeting the Lower Highs of the former bear cycle. If this sequence is sustained then the next targets are 185.000 and 370.000.
After a significant pullback across the whole crypto market, Litecoin bulls didn’t need long to prove they are still strong. Litecoin saw 7% gains yesterday and another 7% today, trading right now at $119 after the low of $97 just 3 days ago.
Not all the coins have done the same and Litecoin has diverged once again from the herd. Bitcoin is seeing some...
Since it's Crypto/ Commodity comparison week and I saw the great interest the community had on my Bitcoin/ Gold comparison, I thought I would try another one.
As I was crossing charts I stumbled upon this one: Litecoin and Silver. As with BTC and Gold, the time frames are different (1W for LTC, 1M for Silver) as Silver is a traditional commodity used commonly for...
Litecoin has continued its crazy rise since the December 2018 bottom and only recently made the Golden Cross (MA200/50) which paved the way for last week's $98 Top.
You can't say I didn't warn you about this super aggressive rise in February when LTC was trading at $49 as seen...
I feel that the chart is clear enough to explain the idea behind it.
Litecoin's two bear markets (2014-2015 and 2018-2019) share a similar pattern behavior. A Buy Signal occurred in May 2015 after the bottom was made in January and a support was formed. The price broke a Lower High trend line and rallied nearly +700%. The duration from the bottom to the rally's...