Price broke down from rising channel and is back into previos range. Only 5 hours till daily close and confirmation. This is considered as a fake out over key level and is bearish. Daily MACD rolled down and RSI going down from oversold. Testing of the range low is expected.
Previously I expected a major pump in October which transpired and reached target and...
The cryptocurrency goes up from the range and consolidates in the long zone. Upward potential of 17%. An upward channel formed and confirmed after a range breakout hints at a subsequent price movement. I expect growth after consolidation to resistance 229.52 - the nearest strong level.
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Share your opinion in the comments and support the idea...
The price can reach the previous ceiling after leaving the negative trend in daily time.The rest of the targets become valid after the cup pattern is formed.
With a little patience
Looking to see a run on buyside liquidity stopping out previous sellers from Ny session 9am short term high activating buy stops tricking both ends of the market
possible re entries on a bear market
First Bitcoin, then Ethereum and then Litecoin. It has always been like this. I never understood the hate towards Litecoin. Stable coin, cheap fast transactions, 100% uptime, growing community, mass adoption through El Salvador.
Technically wise it broke through and retested 3D 100MA, which has always been a bullish sign and never failed in the last years.
Long...
LTC,
Looking great previous resistance acting as support.
We might see a nice run with a good R/R.
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Ltc was using the trend line as support but recently has broken it and turned into resistance as the short term trend is down . The probability of a 3:1 rr ratio is quite high
The Litecoin price analysis is on the bullish side as the price shows recovery after a bearish trial for the past two days. LTC/USD observed a monthly high on Wednesday 20th October, when it broke above $200, $207 to be exact, but could not sustain the position and reverted back to $196 the next day, followed by another low of $190 yesterday. But LTC/USD rejected...
This is a contingency plan in case LTC prints a heads and shoulders. I am midterm bearish and believe the market has not bottomed. The recent bull run is an exit pump in my opinion.
The target if bear market resumes for LTC is between $80 and $60.
LTF we will see a rise to print the right shoulder.
One last correction for LTC before the coin starts to break resistance levels? The chart patterns looks very similar and the MFI seems to be going down, so the coin might start to go down. I still think LTC can be a 2X coin in the bull run, but a drop to 167$ seems a probable scenario since BTC is also correcting. Tell me what you think. Also if you could check my...
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,...
The current uptrend seems to follow an Elliot 12345 wave pattern. It seems that we are currently at the beginning of final impulse wave 5.
Long term Fibonacci level of 100% is expected to be retested at the end of wave 5.
Ride the final wave 5 to gain 15% profit on your position.
Open position at 201.2 (Appr. 50% of wave 4 retracement)
Take Profits at 232.5...
Brokerage firm Interactive Brokers Group has announced that it is launching crypto trading for investment advisors. The firm is bringing cryptocurrency investment to investment advisors in the U.S. to help streamline the process of investing clients’ funds in the market. Financial advisors are able to invest and custody cryptocurrencies like Bitcoin, Ethereum and...
What Is Litecoin (LTC)?
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other...
- 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 (rank 15) is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment. (Paypal, ATM machines etc..)...
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