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LTC - Positive momentumLTC has been trading in a range with positive momentum over the past week. LTC trades below the $70-$72 resistance range and the $62.1-$64.3 support range. But if you pay attention to the chart, the trend was downward before entering the range area. Therefore, we can draw a downward trend line, and if this dynamic support breaks, we can receive a price reduction signal. Also, in the 4-hour time frame, double ceiling patterns are forming under the roof of this resistance, which will be confirmed if the trend line is broken.
More accurate linear support can be considered at the price of $67.5. We can consider this range almost as the midline of the channel range, which in case of collision, there is a possibility of reacting to this level for minor fluctuations. But in the bullish scenario, if the current resistance is broken by buying pressure and the price growth continues to the level of $73.6, we can consider the resistance broken, and after the pullback to this level, expect to continue the upward movement to the $77 range. to be
LTC - AnalysisLTC has maintained its range trend at the $50 support area. The buyers of this currency have not yet been able to break the resistance of the range of 56 to 55 dollars. But there have been attempts to move upwards. The trend of this currency in the 4-hour time frame is the range, and according to the positive divergences formed in this time frame, if the resistance of the $55 range becomes support, we can expect that the first target of buyers is in the $63 range. be dollars
We can also consider a symmetrical triangle pattern on the chart of this currency. The price is approaching the top of the pattern, and according to the reactions, the probability of the pattern breaking is equal from either side. Looking at the weekly time frame, if Bitcoin does not react well to its support areas, and signs of support are not seen in the overall market index, LTC could decline further to the $45-$48 support area.
LTC/USDT :: I wish to be a LTC in the next world !LTC/USDT :::
_ Yellow channel :: current movement .
_ Red channel :: If the yellow channel is broken, it will move towards the roof of the channel .
_ Pay attention :: the ceiling of the red channel and the bottom of the blue channel both show the same price range .
_ Blue Channel :: A large and strong channel that is broken and its bottom creates strong resistance .
_ Green channel :: Playground .
LTC my favorite crypto!LTC could see a minor bounce before hitting that support. You bet I will be buying the dip if it does hit that support. With El Salvador adopting crypto it's only a matter of time before LTC and Iota start doing what cryptos do best. The RRG looks really crazy as the overall trend for most (but not all) crypto is a downtrend. If you finding gains on crypto rn, you are doing well off. But the RRG shows it will not last forever and the setup for crypto almost looks as amazing as gold and silver. Again this is just my opinion.
LTC 1000 % gains easilyLTC may be the first mover when it comes to old school coins .
We expect LTC to hit 1400 usd in Q3 or Q4 2022.
This coin has solid fundamentals (PayPal adoption, traded on all major exchanges, Revolut etc. )
It will go parabolic soon , however we expect the price to drop into our buy zone.
Entry and target zone like in the chart
Check our other analysis for large caps:
BCH:
XRP:
XLM:
EOS:
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LTC IS IT ON ITS WAY TO $1000?LTC has a lovely ELLIOT WAVE structure in play after breaking out of a BULL PENANNT.
1ST 3 TARGETS HIT :)
LTC now needs to go and break ATH for continuation to the long term target of $1,000.
The ABC corrective wave that is shown has played out nicely.
It has completed wave 1 and is moving through wave 3.
Wave 5 prediction is FIB 1.618 $1,000.