Hey friends, hope you are well and welcome to the new update on Litecoin (LTC).
Differen harmonic moves and their chain reaction:
In the month of January 2021 I shred three ideas.
One was the bullish Shark formation on the weekly time frame that was the smallest...
#LTCUSDT has dumped to its daily support level, with respect to #Bitcoin. Now, it shown strong rejection wick on that support and trying to push higher. Market is currently on its minor resistance level on the lower TF and $154 - $160 is the major resistance area.
If you liked my idea, follow me for more.
LTC/USD was getting Bollinger Band squeezed
by the consolidation of price between the .5 Fib
retracement area and the .236 retracement area
following the sharp drop in markets in mid May.
Now we see that the price has tried to break downward
out of the squeeze, implying what seems to be a bearish
bias only to bounce up off the .236 area and enter back
I'm about to open another short position on Litecoin/USDT
There is a hidden bearish divergence suggesting an imminent dump and we've formed a rising wedge .
We can expect a 20% decline in the coming days.
As usual, tight stop loss and take profits down the road ;)
Litecoin has shown some meager momentum but remains bound by $134, a level which is providing prohibitive resistance. We appear to be forming an inverse head and shoulders type pattern, with this level as the neckline. The levels $141 and $147 are barriers to higher levels after this, with a vacuum zone after those to $158. If there is a correction, then $120...
Litecoin has found stability after crashing just above the $100 level to $105. We had a brief run of momentum but found resistance at $134, which seems to be an upper bound for now. We will find resistance here, and will require sufficient momentum to break out from here. We should find support at $120, but worst case, $100 seems to be holding and providing the...
Support trendline has broken and tested so selling action can be expected
I use Fibonacci circles , fibonacci levels, trendlines so only technical analysis
If you find it useful, please support by LIKING
DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own...
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 $1,000 on the Bull run, but if you...
On the chart, we see a local trendline, and the price is already trying to break it. Below Litecoin has a support area of 115$-117$, if the price reaches this support, it will be a good opportunity to enter a long position.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment,...
1 - Litecoin does 5x over Bitcoin
2 - Bitcoin breaks out before cycle peak
3 - Bitcoin peaks at 4 year cycle
4 - Bitcoin bottom of bear market
5 - Litecoin halving
6 - Bitcoin Halving
7 - Bitcoin approaches previous all time high
Shout out @masterbtcltc