Again, Litecoin is on a key level.
After 55% price correction from November's high, the market is approaching a major zone of demand.
Taking into consideration that we are still trading in a long-term bullish trend, I am looking for buying opportunities.
On focus is a bullish flag pattern.
Litecoin was a good coin, fighting for its place in top10 of all crypto coins for couple a long time.
Now new technologies do much more hype than old known coins.
As to technical analysis LTC/USDT did clear double top with not enough momentum to keep rising. Taking in mind the absence of usage for this particular coin, it will slowly fade in the market, making...
LTC recovers to $162, gaining eight percent overnight
Litecoin price analysis is giving bullish hints.
Resistance for LTC is present at $165.2.
Support is present at $161.3.
The Litecoin price analysis shows that bulls are leading the charts for today amid an overall downtrend. Bulls are continuing their lead for today as well, as they took control over price...
Litecoin has attempted a meager rally, which brought us back to the mid $100 handle. We appear to be facing resistance at $165, which is a relative high. Though we could be seeing the beginnings of a bull wedge pattern, in anticipation of a bull breakout, the Kovach OBV is still very paltry, so we are not seeing the bull divergence we would normally expect. But...
✅LITECOIN has retested a horizontal support level
And has also established a double bottom
Which makes me bullish on the pair
And I am expecting a move up
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Litecoin has dumped notably. Last week, we anticipated $184 to be the lowest level of support, and we sliced through this with ease. We reached as low as $130, before finally finding support and making an attempt at a pivot. We still could not close this gap however, and $165 provided prohibitive resistance. After rejecting this level, we tested $141, where a...
I know there are many Litecoiners out there that have been patiently waiting for their coin to take off and fulfill its $1000 promise. Well according to this chat (1W time-frame) the wait may be almost over as a certain sequence of technical events indicate that LTC is about to go parabolic.
As you see this chart encompasses (almost) all of LTCUSD's historic...
The litecoin rally still starts December 9th nothing has changed , in my last Litecoin TA the ascending wedge played out but I did not expect that flash crash had targets at 185 lowest , god dam.
Anyways the good news is that we haven't broken the 4/1 Gann ratio and the 0.618 Fib Fan, until these two are broken I will stick to my guns and say that the bottom and...
Notice 2 different type of correlation on this charts.
First one is from previous bull market where you can see how BTC outperform LTC, but once LTC gain some strength Bitcoin is unable to keep up with it.
Also notice how LTC price lagging for ratio and where LTC reach its previous top.
Second situation is where ratio reach upper boundary (LTC bottom, this was...
Hello my friends!
Why is Litecoin a good addition to Bitcoin? Litecoin has Lightning for instant transfer and Atomic Swaps for cross-blockchain trading. Litecoin is a pure cryptocurrency like Bitcoin. It was created based on the Bitcoin protocol. It has a low block time and low transaction fees. Litecoin is one of the most widely accepted cryptocurrencies,...
Hello Crypto traders!
Today we will talk about Litecoin (LTCUSD), its price action from technical point of view and wave structure from Elliott Wave perspective.
LTCUSD sharply declined in May, which we see it as part of a leading diagonal in wave A, but it can be also counted as a five-wave impulse from the highs. Anyway, the most important is recent recovery...
#LTC/USDT Exclusive Update:-
$LTC currently trading at $218
And Our entry also filled at $129
Already did 90% from Last Spot Entry.
Re Entry:- $200-$220
Now currently broke out $186 resistance and Trading above Resistance.
So I am expecting Targets are:-
Stop Loss:- Will update
For Litecoin we give a high probability for a continuation of the correction that started on the 10th of November. However, if the price reverses with a lot of momentum and the price breaks the resistance area marked on the chart we should reassess our positions.
Trade with care.
- Litecoin - LTC - Rank #17 - Coin
- If we take a look at the chart, we can definitely spot an ascending triangle.
- We have very important double top resistance right at the ALL TIME HIGH level.
- Litecoin is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment....
Hello all. Litecoin is falling as I make this post.
As we predicted Litecoin came for a retest at the ascending line of support and is currently holding. It is above 200 day MA which is an indication of a bullish trend. Another bullish sign is the daily RSI which is getting closer being in the over sold territory.
Previous entry positions were $170-$180 (fib...