LItecoin had a brief period where it collapsed and consolidated. We are now at a double bottom area where we anticipate price will use the double bottom as a spring to create another bull run.
Wait for buying pressure.
Goodluck and trade safe!
At this point, im still bullish on Litecoin, more so because its history has been some of the best gains at the end of a bull market i've seen in any other coin. Not only is this coin the best Crypto out there, its still the most under valued and I think Litecoin will reclaim that throne in the future. Look out for Prices above $1,000 on the Bull run, but if you...
Litecoin faced a sharp selloff with the rest of the crypto market. It is currently finding support at $134, which seems to be a good lower bound for now. After that, however we have a vacuum zone to $120. The Kovach OBV is incredibly bearish. But we are seeing a green triangle on the KRI forming, suggesting we will have at least a speedbump to the selloff at...
Litecoin has been consolidating in a Descending channel for a month now.
The price has made a collapse to the lower Trend line.
I expecting the price to rise a bit to price 145. Then back on Short position to Support price 117 and see if the support will hold the price.
Stay with the market, lets see what happens
Not a professional. Not financial advice.
It’s hard for me to believe the crypto market is ready to go up again in the short term but the LTC/USD chart surprisingly looks ready to rip if the money was to flow again.
1) It underperformed this past year relative to expectations, but on the bright side it’s been forming a giant Cup & Handle when you zoom out.
This is my long term Weekly Chart Analysis of LTC. I believe we have huge potential if this breaks to the upside. I'm leaning bullish here. I'm getting a lot of negativity and bearish sentiment in the chat rooms and what not. Tell me what you guys think of this and where do we go from here?
Bullish shark &Bullish BAT Strong POTENTIAL REVERSAL ZONE AS
Earlier shark Pattern given good reaction on Type1 entry & hit Both Targets
now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
after getting confirmation with a Bullish candle and RSI Above 30 set up becomes valid
Litecoin had a massive drop recently which broke the major ascending trendline. Right now we are approaching a key level of price where it's a break or bounce scenario.
If price breaks the $210 level, we can see Litecoin moving higher again. If we fail to break the $210 level and bounce from there, price could potentially go down to atleast the $120 level to...
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LTCUSD H2: 20/30% gains Best Level TO...
It was hard to imagine that the May 12th Fractal was Elon Musk's Tweet About BTC. But that my friends how future works. We don't know what it maybe, but it is coming and you need to have a plan when it does!
If any of you followed me - know that i always concentrate assets before the possible bear correction. It helps with the mental stress and it helps managing...
LTC is one of few coins which has very strong support which was never broken in the past.
If we look at the 1W log chart we can see a clear support for LTC which was tested multiple times in the past and LTC always bounced backed from that support.
Currently Price is headed towards that support level (Short term bearish move). We can expect to see the LB price...