LTCUSD.P trade ideas
✴️ Litecoin Renko Confirms Bottom, Long-Term Higher LowsThis is the last one of the Renko series, Litecoin.
1) July 2017 confirms bottom, ultra high volume followed by massive of growth.
2) November 2020 ultra high volume confirms bottom, followed by more than a year of growth.
3) January 2023, ultra-high volume, new brick 6 months later as confirmation confirms bottom. We can expect a new 5 up wave pattern (years of growth).
Since 2017 we have higher highs and higher lows.
It will be great.
I am happy to be part of this upcoming event, we will remember this bull-market all of our lives, we will build new relationships, it will create tons of wealth, not only the market but also us, as humans, as friends, as individuals; we will grow.
Thank you for reading.
I mean, truly thank you... We've been sharing/exchanging for many years now and some how I continue to receive your support.
Thank you.
Namaste.
Byeeee Litecoin (LTC)Andddddddd...... its time for Litecoin to lose a lot of value.... We have not been able to break above W1, which is also where our resistance lines are also. We attempted to push at it but have since lost almost 20%. I am confident that we should see more downside as in the bigger picture we have started W5 to the downside.
Litecoin has turned negative.Litecoin - 24h expiry - We look to Sell at 97.78 (stop at 101.38)
Bespoke resistance is located at 98.
97.85 has been pivotal.
Short term bias has turned negative.
The trend of higher intraday lows has also been broken.
Preferred trade is to sell into rallies.
Our profit targets will be 88.78 and 86.78
Resistance: 93.00 / 95.00 / 98.00
Support: 89.12 / 88.00 / 86.00
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LITECOINIf history repeats itself in LTC, it's about to start pumping soon.
Of course, he can drop a wick into the green to soak up the moonboys before the trip, but the number of fakeots in this flag pattern has reached unbelievable numbers in the last six months, so another one would be ridiculous.
It's not for trading, just my opinion.
Maybe it will be different this time :)