Halving expected August 5.
Pattern all-ready complete
Breaking out of 6 Months Consolidation.
Daily Ichi Pivot.
Macd showing up
RSI showing up
Constant Higher lows in this Bull Flag
If Volume continues to rise we can fill the liquidity gap till 140 quite quickly.
There are many ways of doing TA - these so called spider-webs are a fun way of calculating possible future prices. Especially in combination with a trend based Fibonacci. Let's go!
We see a symmetrical triangle on Litecoin. The price responds beautifully to the S / R zone and together with the lower edge of the triangle creates a suitable place for speculation for the growth of the LTC / USD pair.
Alex, UCT team wishes you nice trading.
Litecoin is bullish in either scenario. Although I expect movement inside the uptrend channel, still there is the possibility of parabolic move.
Risky buy price: $300-$320
Safe buy price: $225-240 (you might end up missing it though)
AMDEL
Strong Candle through the resistance levels on the weekly, weekly close here would look extremely good. possible small retracement to the 38fib level and a continuation upwards towards 2 targets given. Long term hold for this one. (4-8 weeks). Trade Safe.
During the crypto bear market, LTC gets killed, and drops 90+%. Much steeper retracement than BTC.
After the cycle bottom, LTC recovers better than BTC at first, but it is very short lived. Once we hit an intermediate cycle top, LTC stalls and goes sideways, while BTC consolidates, but ultimately keeps going up. Last BTC bull market, LTC went sideways for 600...
Veo una buena oportunidad de compra
()Litecoin esta en un buen uptrend
Veo un buen soporte en 0.015719
() zona de confluencia con el Fib 61.80% + Trend line re-test
()possible continuation de trend al llegar esta zona de precio 0.015719
I don’t leverage trade this pairs, I trade my own coins.
Disclaimer : this is not financial advise, do so at your own risk
Litecoin has been bleeding out slowly but surely ever since it reached all time highs. This correction was normal and in fact maybe even an indication of what came to be later on a major correction in BTC.
For not BTC is slowly recovering, this recovery is however not certain and the market still has to decide between a bear market or a bull market. Recent...
