We will see where this breaks out to, technically the current crypto market is bullish, but LTC is tricky and has Its own mind 😆.
My bias is up until tomorrow to Wednesday and then a hefty correction in the crypto market.
I was doing a little research on the history silver. In the Ming dynasty they had an insatiable hunger for silver. Just speculating, perhaps China adopts Litecoin as its crypto "gold". Charlie Lee is Chinese as well just to add to the speculation. Asia is number one in adoption of Litecoin. What if China demands all citizens pay taxes in Litecoin like it did...
every detail and reason is on the chart:
We saw a correction happen till $58, then from the change in drection, accumulation has been happening.
We saw a bullish flag or abc flat correction around price 68 and 60 dollars happen, then from there had a bullish impulse to $75, off which we have been in a correction since.
The correction is complete with WXY as...
This is a pretty straight-forward chart, CRYPTOCAP:LTC seems to have bottomed and sitting on a 5 years long support.
LTC hasnt been talked about much lately but it seems to be actually still being used for payments and more than we all think; according to a report by Bitpay, LTC was the most used cryptocurrency to make payments on Bitpay, with 34% of the...
Hello Everyone,
LTCUSD is showing considerable strength in its current trajectory. However, it's important to approach with caution as there's a possibility it could retrace to 1M support levels.
TradeWithTheTrend3344
As many of y'all know litecoin hasn't been the greatest performer over the past couple of years, and at times even appears to have wanted to breakdown lower, but i've been seeing things from a bullish point of view and there's a few reasons why:
1. Consistent higher lows, which means there's more people holding & accumulating than the previous low
2. Extreme...
Hi everyone
One of my old and favorite currencies is Litecoin
In my opinion, his position should be higher than this
The first target is 115
The second target is 230
The third target is 380
If it can break the blue line and stabilize, there is a high probability that we will see 1000 dollars
Good luck
Litecoin (LTCUSD) has managed to make a Triple Bullish Break-out as not only did it break above the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line), both of which have been Resistances since August 2023 but also above the Lower Highs trend-line that started at the May 10 20221 top of the previous Cycle.
This constitutes a Cyclical Bullish break-out...
Today, LTC is breaking the bUll Flag. It's been printing, and, I think we will have these next fib-levels to look for as stop losses or profit points. However you trade, enjoy it. And THIS IS NOT FA. DYOR.
The idea is simple.
There are numerous converging tailwinds that suggest LTC/USD faces a radical repricing event in the weeks ahead. Not all data points have been listed here (see chrisoncrypto.com or my pinned post on X for more).
Typically, LTC/USD experiences a drawdown post-halving, but that drawdown is historically temporary, and precedes the coin's...
4H chart and RSI looks very good, I don't think there's gonna be anymore wicks down, but I don't wanna say never.
We might have hit bottom on LTC/USD pair, but not on LTC/BTC.
Hello Traders Investors And Community, welcome to this analysis about the recent events happening in litecoin, the current price-action and where the crpytocurrency-coin can continue further in the the next time. Recent occurrences in the cryptocurrency-space made provided mixed signals in the different crpytocurrencies, while the major bitcoin is still under a...
H4 - Bullish trend pattern.
Higher highs.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
Is it truly a bull market if LTC doesn’t start pumping?
I have a pretty detailed memory of 2017. Holding 50 LTC i bought at $45 in April, not hitting any profit on it and watching everything else blast off. Ended up selling it out of frustration. A few weeks later it hit $100 and after that you can see it on the chart.
If history is repeating, then LTC should...
Litecoin (LTCUSD): BINANCE:LTCUSD
For Litecoin , the analysis starts from December 2018, focusing primarily on the activity from 2021 to the present. It indicates that the major Wave II concluded at $41.60, and currently, Litecoin is in a major Wave III that is expected to exceed $413, representing a potential increase of 450%. This projection is based on a...
The chart speaks for itself. This is the beginning of the massive parabolic rally for Litecoin. There is going to be massive swings on the way up so be prepared for that as people take profits thinking they know where the top is. Psychological numbers like $500, $1000, $2000 etc those may be stall points and drops but it'll quickly rebound. Once all the...
