Hello all. Here is a quick and on point Litecoin analysis/update.
Litecoin set a new higher high inside the ascending line of support which is a bullish sign. This line of support which also matches with the Fibonacci gold level sits at $170-$180.
In my opinion, $170 is a great buying opportunity and I think we will still have a retracement and retest the...
Litecoin has broken back into the $200 handle. We are seeing a small zig zag rally which is currently contending with our level at $209, then one we called out yesterday, and for several reports now. The Kovach OBV is still bearish, so we are a bit skeptical of this rally. If it continues then $217 and $227 are the next targets. In particular, $227 is...
1) LTC Held $187 as support which was previous resistance back in Jan 21
2)At the Bottom of a Parallel channel can reach top of the channel
3) Mac D Bullish Divergence on Daily
4) Stoch RSI Oversold on Daily
5) 2 consecutive HH and HL in this new trend
6) Target is $331 which is top of the current channel and a high from the structure from April 21
My Litecoin technical analysis
I go over a bullish bat formation
take profit levels
risk to reward profile
also go over trend continuation trades.
entry, stops, and target on them too
What a three-point move is.
What an Impulse leg is
lots of information in short time.
watch it couple 20 times
This is the rules I use
Video is ok...
With so much hype around crypto and blockchain in this new decade IMO mass euphoria is in and what you don't want to happen shall begin. Crypto isn't been weaved into the way our economy is run just yet and like Bitcoin, there are many wallets that still hold a significant amount of coin that hasn't been released into circulation for many great NEW world...
Litecoin has crashed from relative highs at $227 and has smashed through support giving up the $200 handle completely. We finally saw a floor at $184, a level we have identified in these reports many times. We noted in the last report that if $195 and $191 failed to provide support then $184 should hold and this is exactly what happened. Currently, we are...
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 friends, today you can review the technical analysis on the 1D linear scale chart for Litecoin ( LTCUSD ), an altcoin cryptocurrency. There are many technical indicators and oscillators noted in the analysis, so please review everything.
#CryptoPickk noted in the chart:
1) The price has been correcting after a massive rise upwards to around $302-$303....
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...