Hello everyone 😃
LTC had a breakout from ATH's resistance zone and now it's moving above Livermore's cylinder.
As I mentioned on last LTC's analyzes :
LTC broke the cylinder's higher line and now it's accumulating above it !
There is a...
Hello everyone 😃
There are two important factors that makes LTC extreme bullish for next month !
1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART.
2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase.
As we mentioned on our last analysis about BTC and...
check out out previous prediction for LTC in the related idea below ... it just moving on it !!
what happened that after breaking the diagonal dashed resistance line , price reached first target n then tested the same resistance line again as a support
and as we can see strong rebound right now which means that previous resistance flipped to strong support...
as we cans see the short resistance black line which litecoin failed to break it 3 times.
a daily red engulfing candle has closed below the black resistance line..
it will be amazing opportunity to catch any ltc between 180 -165
once a daily candle close below 160 ... we can say at that time that we are bearish
but till the moment we r completely...
Really as of now, 301 is possibly just a pause until 325 and beyond. Intermediate support levels as marked. 247 should be strong support if broken more downside expected. As always, trade/invest responsibly.
LTC is going to break EMA20 at $247 and will fall to MA at $224, if this also breaks then price may drop to critical support to $168.
conversely if the direction reverse and breaks $270 upward then we may expect $286 price for litecoin.
Hi recently i posted an idea on ltcusdt as it has broken it's downtrend and now making it's approach to break the resistance to make it's ath. Now in it's upward trend it is also making symmetrical triangle on 2h chart so we are near to break the resistance and move upward more
Let me know your ideas in comments
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