Let's see how true this plays out going into 2023. I prefer to trade long term and create guides like this for myself to keep me on track. Hope it becomes useful for others as well.
Not Financial Advice.
Great news for all Litecoin hodlers and traders! As per my technical analysis, this downtrend established in 2018 has finally finished!
This is the LTCBTC pair on the weekly timeframe. It means that it would be better to hold LTC instead of BTC. But there is no guarantee of the USDT value of your holdings.
Regarding my Elliott Wave analysis, a major impulse...
Circulating Supply: 71,089,056.28 LTC
Total Supply: 84,000,000
Social Link #1: twitter.com
Social Link #2: twitter.com
Litecoin is a fork of Bitcoin. With '4x' times more supply.
Litecoin has a feature that allows share mining with Doge.
Dash is a fork of...
#LTCUSDT Technical Analysis:-
Currently LTC trading at $65 and It dumped around $50 so I picked at lower.
- #LTC best accumulation zone = $40-$60 if dip then I will buy more
- Breakout + Retest already done in high time frame
- Targets = $126/$206/$433/$1019/$3000
- Long Term Target For $LTC = $3000
- I am supper bullish in Long Term
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure on LTC Litecoin.
Entry Range: $52 - 55
Price Target 1: $42
Price Target 2: $36
Price Target 3: $24
Stop Loss: $63
----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price...