LTC-USD retested the support confluence
And is bouncing Up from it
I am bullish on LTC as long as the rising support remains unbroken
Thus, I expect LTC to go UP from here
With 4 targets on its way
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☑️LTC_USD broke out of the bear flag pattern
Which is a bear signal for us
But I am waiting for a pullback UP
And then we can go short
With 3 targets on the chart
The final target is the bottom of the flag
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LITECOIN is having a good time. But will it last?
As you can see, LTC is now trading inside two red trendlines forming a rising channel.
As it approaches the upper green resistance, LTC has to decide between these possible scenarios.
The lower red trendline is not valid yet, so for the reversal to be confirmed, we need LTC to form a third...
Although the recent action has been choppy the trend is still to the upside. Support zone 140-115 has held and until it breaks below I think we can expect higher prices. Ethereum strength has been encouraging so maybe litecoin can join in the advance.
Hello Traders Investors And Community,
Welcome to this analysis about Litecoin, we are looking at the 2-hour timeframe perspective, the recent events, the established formational structure, and what we can expect within the upcoming times. For now it is important to note that Litecoin certainly managed to form some bullish up moves in the structure above...
Litecoin has retraced sharply. It seems to be caught in a bull channel pattern. Bear in mind that these tend to break down, not up. Litecoin has retraced more than ETH or BTC, and still has a long way to go before making new highs. If it breaks down further consider $141, $130, and $117 as buying opportunities.
Como podemos observar en la grafica logarítmica, nuestro análisis tendencial muestra dos objetivos claros para litecoin en el año 2021. El primero se encuentra en la zona de los $650, proyectado por la ruptura de una gran zona de consolidación en forma de triangulo, y el segundo se encuentra en el techo del canal tendencial hacia unos posibles $2.000. Tales...
We've had some major downward pressure and resistance lately. Remember, STAY THE COURSE. Here's the bigger picture (Adam & Eve pattern) to remind you all what we're trying to achieve. Don't let the short term volatility scare you. MOON WILL LIFT OFF. HODL.
looks like a pretty solid bull flag triangle pattern. looking for a break to the upside. fib levels show a lot of room to run, especially toward previous ATH, which have been broken already by BTC and followed by ETH. LTC should be next to test. nice cup and handle forming.
Hello friends! I wish you a profitable day and good mood!
As we can see, on January 18, the price began its upward movement and was able to exit the channel. Now the price has reached the resistance line, broke through it and bounced back down again. This is a good fit for our idea today.
Today I expect the price to reach...
In fact, after all the bullish patterns, we will see a drop in prices, which is expected after the support line By reversing the chart, we can see the price increase.
Disclaimer : Please do not trade based on our analysis file
Hi traders and welcome to my channel ...
As you can see LTCUSD still in the uptrend channel …I think we have a continuation of a long move to break resistance at a level of 156.72 then it's going to retest and up to the next 4hours resistance on my daily chart at the level of 186.37
but if the price can’t break the resistance of 156.762 … it's going to drop to...