I would bet on the price line bouncing on the green trend, and up to red ellipse. Maybe +30/40% for the LTC in 2-3 months from now?
Mind the resistance, supports, and trends lines. Price corrections will occur on these lines.
What do you think about this quick analysis?
Comment with your ideas so we compare.
good breakout from channel and good up move sustaining above 160-163 mark
The pattern not yet formed, but it seems to me as inverted head and shoulders, with the neckline of 174-175
Stop loss at the low of head and target @190-191
Litecoin has been really struggling as of late with us continuing to push down following this descending channel, one positive we have seen is that we have broken up into the upper half of the channel, but we still can't seem to breakout! We could be looking at a breakout sooner than later, looking at the bollinger bands we seem to be also stuck underneath the...
Price of LTC is currently around 160USD. BUT this price is going up bcs bitcoin is growing...
Check the chart litecoin/bitcoin. This chart is still in downtrend. This is more then 3 years long downtrend!!
If (maybe not) litecoin breaks the red bearish resist then we will see big bullish rally on this coin.Targets for LTC/USD will be 500USD...
2 likely short term scenarios for LTCUSD
LTC is looking very bullish. It has a lot more ground to cover than ETH so I'm expecting quite a large jump over the next couple of days weeks for this coin. Will do a larger outlook later this week.
It's been a while ltcbtc is in consolidation phase, the ATL is almost touched, the falling wedge is getting tight, and there is no enough momentum to go lower.
The represented levels are confirmed by fibo levels as well.
LTCUSDT bad az modati tulani (HTF) az channel nozulie khodesh kharej shode va ba tashkile descending channel nozuli yek Impulse ghavi tuneste az khanal kharej va breakout kone
baraye vorud montazere descending channel nozuli dar time frame pain (LTF) bashid va bad az khuruj b samte bala mitunid vorud konid
nazare shoma chie
agar ba man movafeghid...
LTC - currently trading 148 USD
If break bearish trendline then can go up.
Ideal entry - 136-120 USD or wait for break and then buy retest
Stoploss daily candle close below 90 USD
Targets for longs - 195, 226, 276 298 USD
#LTC/USDT Bullish TA Update:-
$LTC currently trading at $128
And Last Month All time high was $413.91
And almost -75% dumped from All time high in this week.
So I think this is Entry zone.
In 2017 #Litecoin Pumped and All time high was $420 and after hit ATH it dumped -76% and again pumped 144% from Dumped level.
So Now also Dumped-75% and I...