But ltc in the green box Targets are in the chart ... Best of Luck
The price is getting pushed back from weekly resistance. Currently trading inside low time frame support zone. However, I would expect the price to go towards the daily support zone. If it comes to that zone, a long is favorable there.
Rally in the price is mainly due to halving of coin which is likely to happen in August 2023. In the last halving (which happened in August 2019), the price showed the movement of almost 553% from its low of Dec,2018. Currently, the coin is trading at $94.9 with support at $84 and resistance at $103.34. If the daily price candle closes above the resistance,...
Litecoin (LTCUSD) is rebounding on its 3D MA50 (blue trend-line) towards the 3D MA200 (orange trend-line). If it breaks above the Bear Cycle Lower Highs trend-line (dashed line), then it might imitate the October 2020 rally. So far the two sequences are fairly similar, even on MACD terms. A break-out rally similar to Oct 2020 can hit the 0.786 Fibonacci extension...
What is your gameplan as the Litecoin halving event draws nearer? Litecoin has performed well this year, but the upcoming halving event hasn't received significant attention yet. Litecoin is one of the oldest and most well-established cryptocurrencies. Like bitcoin, it uses a proof of work consensus system, is decentralized, and did not have an initial coin...
Now trying to reach the goal, and complete Elliott wave 3. Which is considered the biggest and strongest result.
Looking at the H4 chart, the price is approaching our sell entry area at 90.684, which is an overlap resistance and also aligns with the 61.8% Fibonacci retracement. If the price were to reverse, it could drop down to our take profit at 77.355 which is an overlap support. Stop loss is at 98.689 which is an overlap resistance just beyond the 78.6% Fibonacci...
the third halvening is expected to occur around July-August ! What is the litecoin halvening? -Litecoin halving, also known as Litecoin halvening, is an event that occurs every 840,000 blocks on the Litecoin blockchain. During this event, the block reward that miners receive for verifying transactions on the Litecoin network is reduced by half. This means that...
Litecoin - 16h expiry - We look to Buy at 78.71 (stop at 75.71) Price continues to trade within the triangle formation. Trend line support is located at 78.70. We look to buy dips. Expect trading to remain mixed and volatile. Daily momentum has stalled and our bias is neutral. Our profit targets will be 85.91 and 86.91 Resistance: 82.00 / 83.28 /...
Just my mind, or are we watching a typical W shape form on LTC, this type of formations are common in other time frames. You can ask your self this questions: How its possible to go lower? ATL RN Do we have more down pressure left? Who is selling? if just crazy hodlers are left Do we have any crazy news? Like XRP already hype Call me crazy
Halving this year Might sweep 77 again but expecting a retest of upper trend line at some point tbh Deflationary og crypto Digital silver
LTC BUY Undr 70 *Stalking a dip sometime this week. *(Wednesday) (BANKS CRASHING IS GOOD FOR BITCOIN) BRICKS NEWS Is GOOD For BTC* BTC Could be neutral super power.* Expecting a push into the weekend. ENTRY =Below 70$ Exit1- 80 Exit2-82 SL - 66.50
theCrypster - A symmetrical triangle formed coming off recent(ish) swing lows from the #LITECOIN ATH. We've now been rejected by that upper edge of the triangle, combined with a Sell signal from CTv2 and we've got a good trade here! There will be some resistance at around 10-15% below current price, if we start to head out the top of this I'd be inclined to...
✅ LTCUSD reached the support area. Volatility has decreased. The asset will bounce from the current area.✅ 🚀 BUY scenario: long to 86.98 .🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Targets are circled 107 144 LTC may need to retrace more here, but the bias appears to be upward. Double bottom formed on rising support. Rsi is 50 at time of post, neutral. LTC is also retraced to the .618 against BTC in its most recent impulse and could be ready for a leg up against BTC. NFA, do your own DD
Hello Guys, Weekly Analysis is on the LTCUSDT Symbol in a 1H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
Litecoin - 24h expiry - We look to Buy a break of 88.21 (stop at 84.71) Hourly momentum has stalled and our bias is now neutral. Daily signals are mildly bullish. A break of the recent high at 88.12 should result in a further move higher. Short term RSI is moving higher. The medium term bias is neutral. Our profit targets will be 96.71 and 98.71...
The price has hit the daily support area. I would expect the price to have some bounce from here and a long will be favorable here.