H4 - Price is bouncing lower from a strong resistance zone.
Most recent uptrend line breakout.
No opposite signs.
H1 - Bearish divergence followed by a strong bearish move.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
Sentiment seems to be divided. From "it's a bull trap" to "we're headed into a bull market". I believe things are definitely more bullish than bearish, but only time will tell.
This is merely a little look back. Litecoin is still holding strong and abiding the rising french channel. Small adjustments might have been made to the lines though that's irrelevant.
Keypoints:
— Perhaps litecoin is looking towards a pullback short term before preparing long term bull run.
— As before crossing 200MA, pullback, declining volume before bull...
Litecoin has been in this Bull pennant formation for years and a break if this pennant will give a measured move to about $10k. This will happen extremely fast and will literally shock everyone in the cryptosphere. Lots of haters out there for Litecoin but thats ok they just dont understand how things work in this space. Let them buy their Shib, Doge, Matic,...
LTCUSD has broken above in a nice little channel a serious down trend
This breakout will lead LTCUSD into a new bullrun which is coming.
Bullish on this Weekly
#LTCUSDT Technical Analysis:
Litecoin (LTC) is currently trading at $96.20, and the chart is showing a positive outlook. However, we are waiting for a breakout to confirm our trade.
If the breakout is confirmed, we can expect a potential profit of up to 46% from the current level. Our entry zone is between HKEX:93 and HKEX:96 , and we have set our targets at ...
Really like the return potential here, don't bet the house people but I feel I must tell you
it would probably be a mistake not to at least put some monies into it.
Expect Litecoin to reach 97.00. LTCUSD Cryptocurrency pulled back to the trend line. Stop Loss 90.22; Entry 92.14; Take Profit 97.00.
Note: Stop Loss is breakout candlestick low price. Entry is first bull candlestick closing price. Take Profit is Pin Bar high price from the Daily Time Frame.
From a technical perspective, Litecoin is lining up for a long-term buying opportunity.
As price holds of the 61.8% Fibonacci retracement level, at the lows of H4 consolidation.
In addition to the above, there is potential for the fulfillment of the 3rd rejection of an ascending trendline from the (H4-PWL-PP)
Litecoin - 24h expiry - We look to Buy at 88.82 (stop at 85.82)
Daily momentum has stalled and our bias is now neutral.
Daily signals are mildly bullish.
50 1day EMA is at 88.62.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips.
Our profit targets will be 96.32...
The price action of #LTC has been pretty predcatble
respecting levels , not outpacing the general market
keeping pace with slight periods of over-performance
I think you are about to see run through the magical $100 level
and get up to the $140 level the same price level where Litecoin ran to 4 years ago
I'm predicting a slightly better run this time and...
