The whole market has dropped a lot the past week, where Litecoin rallied up to the top again. The whole market dropped a bit past 2 days, while bitcoin is again moving up to the highs. Now at first sight it looks amazing and strong and that it's about to break up. However, there is a very big difference when we look at the volume picture. It seems like we have...
With the halving hype approaching, Litecoin looks like a solid choice for longs. I see a cup and handle pattern coming up soon.
Hype for the halvening might pump the price up to impressive heights in a very short time.
At first look, Litecoin’s price action is extremely bullish. First, we can see that the price for Litecoin has soared through the roof since the end of 2018. There are a host of other notable observations that can be made for Litecoin as well, but let’s check out what a ‘zoomed out’ view of the daily resolution brings us first: From the chart above, we can...
Bullish Cypher on LTCBTC 1H. The price seems so range for some days, looking at the harmonic pattern we can expect a bounce on the 12960 support. RSI and MACD are both close to the 50 and 0 zone oscillating around it. Buy-in: 112960 TP1: 13145 (38%) TP2: 13250 (61%) TP3: 13520 (124%) for those who like risks but I recommend that at least 75% of the bag has been...
LTC is looking bearish toward the apex of a symmetrical triangle. (On the 4 hour time frame) Usually lower timeframe triangles are less reliable but they can still lead to a move. Maybe of a few %. Here's what I see happening. As always let me add my disclaimer. I'm a non professional speculator sharing my trades and analysis for my own trading improvement....
Looking at some key areas of resistance and support on the 4hr chart. I said LTC would break out in a chart I shared yesterday. Looks like it did not disappoint me :) (I linked the chart from yesterday to this Idea) Keep an eye on the price. We are on top of former support but we are on shaky ground IMO. But WTFDIK?
Roughly a year long rounding bottom. Target is 220 although it may take time to get there. Halvening soon also. Note: I believe in the history BTC has spiked more shortly after the halvening moreso than before it. Time will tell how quickly LTC moves up. I am already Long LTC
We should see around $180 and then come back down to $100
4H CHART EXPLANATION: In 4H chart price is making a bullish corrective structure just after breaking the Major Resistance Zone. If this structure is broken, we we expect the bullish movement to continue towards the Resistance Zone at 170. MULTI TIMEFRAME ANALYSIS: Daily: Weekly:
BINANCE:LTCBTC just completed an ascending triangle and has reached its first target. The unperfected 9 Sell setup also coincide with the start of a sequential sell countdown. This is a good indication of a possible continuation of the bullish trend. Price is consolidating for now and could form a bull pennant. A retest of the upper line of the ascending...
Expect stops at every resistance fib. Purple fib is pure speculation, although plays well with the rest of the chart. Use carefully to navigate.
BINANCE:LTCBTC correlation check next target zone from 0.017 to 0.019 #theminimalist
Litecoin is looking strong against USD as the halvening day approaches. The block reward will be sliced down to 12.5LTC from 25 around August 6th 2019. LTCUSD is sitting at $100 and is roughly following the upward channel printed by the pitchfork on the chart. The highest point that the channel meets the Halvening Day is exactly at $150 so a long position from...
- Breakout HS pattern - Breakout FW - Big event coming - Big vol