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.
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LTC finishing retracement before reaching $500LTC pattern have been different from BTC and makes it much interesting to follow.
Good bull run needs some retracing and seems like LTF is fominrg head and shoulders pattern here. Expecting to reach fib 0.382 level from where we will bounce towards $500. Ultimate target for LTC during this run is around $1500.
LTC GO TO MOON LTC GO TO MOON
LTC can grow very big.
Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin .
TP 1 930 $
TP 2 1500 $
TP 3 2400 $
TP 4 3900 $
LTC/USDT ( LiteCoin ) Still Potential $700 ( 500% from here..? )#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.
Why entry..?
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 can expect 144% pump from here and Target will be $260
2nd Reason Why entry…?
All coins hit their All time high but $LTC still not hit All time High after 2017
So I am expecting New All Time high from Litecoin also.
My Personal view LTC can hit New ATH.
Entry:- $115-$130
Targets:- $178/$264/$419/$700
SL:- $104
Support: $127/$79
Resistance: $178/$260/$420
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LTC/USD LONG SET UP (HODL) UPDATELTC/USD (LONG SET UP)
BUY AT- $225.00/ $205.00/ $170.00
Note- LTC will become bullish as bitcoin does
TP.1- $300.00
TP.2- $325.00
TP.3- $350.00
TP.4- $375.00
Support: $230.00/ $220.00/ $200.00/ $185.00/ $170.00/ $150.00-$140.00
Resistance: $245.00/$255.00/ $265.00/ $275.00/ $290.00/ $300.00/ $325.00/ $350.00/ $375.00
Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.
LTC COVID Growth PlayLTC has been lagging this whole crypto cycle, much like ETH had been up until the past two weeks. Bitcoin dominance is clearly down, and a move of BTC above 65k seems unlikely in the interim. This is good new for large-mid caps though, as we are noticing now. LTC broke through a reverse head and shoulder pattern here, as well as breaking the 95% confidence interval for the linear regression channel it has been following this cycle. For reference: When ETH did this, it rocketed and went no slope. The daily is looking bullish and if we break and hold a new ATH, then we will see $400 very quickly. $500 is inevitable, my magnets have not been wrong this year. If we reject, expect a brief consolidation lower, and then your screen becomes NFSW.
LTC/USD Price analysis 5/03(HODL)UpdateLTC/USD (LONG SET UP)
BUY AT- $290.00/$280.00/ $270.00/ $260.00
TP.1- $300.00
TP.2- $325.00
TP.3- $350.00
TP.4- $375.00
Support: $290.00/$275.00/ $265.00/$255.00/$245.00//$230.00/ $220.00/ $200.00/ $185.00/ $170.00/ $150.00-$140.00
Resistance: $300.00/ $325.00/ $350.00/ $375.00
The LTC/USDT pair is facing resistance near the 50% Fibonacci retracement level at $270.89. If the bears sink the price below the 20-day EMA , the pair could drop to the 50-day SMA ($224). This is an important level to watch out for because if it cracks, the correction may deepen to $168.
On the contrary, if the bulls successfully defend the 20-day EMA , it will indicate demand at lower levels. The buyers will then try to push the price above $270.89 and reach the 61.8% Fibonacci retracement level at $286.02.
This level may again act as stiff resistance, but if the bulls drive the price above it, the pair could be on track to retest $335.03.
LTC/USD Price analysis 4/28 (HODL)LTC/USD (LONG SET UP)
BUY AT- $240.00/$220.00/ $205.00/ $170.00
TP.1- $300.00
TP.2- $325.00
TP.3- $350.00
TP.4- $375.00
Support: $245.00//$230.00/ $220.00/ $200.00/ $185.00/ $170.00/ $150.00-$140.00
Resistance: $255.00/ $265.00/ $275.00/ $290.00/ $300.00/ $325.00/ $350.00/ $375.00
The LTC/USDT pair is facing resistance near the 50% Fibonacci retracement level at $270.89. If the bears sink the price below the 20-day EMA, the pair could drop to the 50-day SMA ($224). This is an important level to watch out for because if it cracks, the correction may deepen to $168.
On the contrary, if the bulls successfully defend the 20-day EMA, it will indicate demand at lower levels. The buyers will then try to push the price above $270.89 and reach the 61.8% Fibonacci retracement level at $286.02.
This level may again act as stiff resistance, but if the bulls drive the price above it, the pair could be on track to retest $335.03.
LTC/BTC 1000% potential still valid...?#LTC/BTC TA Update:-
#LTC/BTC currently trading at 0.0046 BTC
Already 64% up from our first entry.
Because LTCBTC went upto 0.0054 BTC and which was our 1st TP.
Now
Re entry zone:0.0042-0.0046 BTC
Targets: 0.0054/0.0078/0.0113/0.0174
BTC
Dip for good entry.
Support: 0.0042/0.0038 BTC
Resistance = Targets
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