LTC is BTC with 4x the supply, it was released 3 years 9 months after BTC. To make BTC/USD relative to LTC, BTC/USD must be divided by 4. Why? B/c if BTC had 4x the supply the price would be 1/4th. Now that price have been made relative; time has to be made relative, by drawing a simple trend line on BTC/4, the point at which LTC/USD breaks out can be determined....
LTC is a cryptocurrency that has not been in the limelight recently, but it is one of the top cryptocurrencies and has the potential for strong growth, I think for LONG it is a good option
This chart speaks for itself. It looks like things are about to get interesting. Time will tell (not financial advice ;)
My live trade in Litecoin. Let's see it go hit or go hard...
Looking at the chart, we can see that Litecoin is due to a breakout...either to the upside, or downside.... Although, by looking at the MACD and RSI, we can conclude it has more chances of going upwards than down due to having positiving momentum and being on a bullish-level on the RSI as of right now.
LTC has a good potential to grow according to technical analysis and news, You can buy this coin after breakout or near its support line. It's a trading idea, After breakout a 130% profit is ahead. Your Likes and Comments are the best thank you! If you like this type of ideas write in comments for more signals. Be profitable
Since 6th September Litecoin is trading in a huge falling wedge The last 3 lows are marginal, indicating the lack of power from the bears At this moment LtcUsd is trading exactly in resistance and a break looks imminent The target for a long trade can be 230 recent high, giving us a R:R of more than 1:4
If you look closely, you will see that Litecoin really likes to print the classic 'w' pattern towards the tail-end of Q3. 3 out of the last 4 years it has done just that. This pattern is shaping up to look a lot like where we were back in 2017. Q4 should be interesting this year... (not financial advice ;)
COINBASE:LTCUSD Litecoin hits 240 and moves even higher
The whole market looks like it is going to go even lower. Litecoin is now near the support level of $170.8.Before that, LTC broke the trend line and tested as resistance. After that, we saw a decline in price. The price has already tested the $170.8 level several times, with each test weakening the level. Now, if the price breaks this level and tests it as...
Fibonacci 0.618 or the gold pocket is a good opportunity for a long position with a target more then 100% and a stop loss below $ 140 following target zones $ 360 and $ 420
Massive dip today, probably well orchestrated too with billions of dollars lost in liquidations. Let's take a step back and see how our levels works. Look at our previous ideas below for comparison. No love today, the FXPROFESSOR
Even we can see double top pattern in LTC 30 mins, in high scale (4h) we can see that its still in 4th wave
Looking at Litecoin to provide a clearer indicator of the general Crypto space, I see potential for an immediate correction, followed by a rally to new highs through the remainder of this bull market cycle. What do you think? Are we looking for a wave 2 bottom?
LTC GO TO MOON LTC can grow very big. Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin . TP 1 930 $ TP 2 1500 $ TP 3 2400 $ TP 4 3900 $
Folks, When looking at the short term chart of Litecoin we see a major resistance level is being reached.. It has been rejected 5 times before and what are the odds to break it today ?? I am very interested in Litecoin still for the longer term.. but I have to wait patiently for a nice setup to entry the market.. What I hope for is a major correction in the...
Breakout on litecoin Back to 175 zone currently making a structure after breakout Buying on 175.25 Sl 173 Target 184
As you can see in the chart, Litecoin is nearing the end of phase 4 of it's Elliot wave and will soon shoot up to phase 5, after which we will have a small correction(ABC) and then we shoot up straight from there as suggested by the fractal taken from it's Sep 2017 Breakout. I'll be Long at support($130-$139) The fibonacci extentions are just to show correlation...