Litecoin must hold above this trend line support. Needless to say this is one investment I will hold again until we see new highs above $420. (Medium Term target) area is roughly $100 zone.
In 1-2 years I have no doubt the growth that Litecoin will show. I am deeply invested & still looking to add more.
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Keep an eye on that 1W middle BB @ $44 level.
LTC must not break this support level if it corrects down this far and would need to bounce off it in order for any continued near term price action run-up past $65.
Good luck traders!
Litecoin is a form of money as Bitcoin, just that Litecoin have an characteristic so different so that Bitcoin do, now, if you see, Litecoin have future true for us as investments. It's a form to peer-to-peer to send money to people as your family, friend and method payment that we could to use, and also, as investment to save your money as gold, I consider that...
Litecoin is a 'light' version of BTC. It is cheaper to use then BTC and has more active wallets now then Bitcoin Cash and BSV combined !
New privacy features and a low valuation of today, leaves you with a nice upside in the near future.
Buckle up !
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The previous LTC idea hit to a T, every TP was hit in the previous analysis
Now from those TP's being hit, we need to identify levels of re-entry. We know that $56 is a monthly level and is currently ranging in between the $56-$60 range waiting for a BTC breakout upwards
I really think we're about to soar even higher, and this dump was just to stop out...
This is a litecoin chart on the weekly so it is a very long term outlook. It is also vs Bitcoin so it shows losses and gains vs bitcoin. While BTC was slaughtering USD in the last bull run LTC at times out performed BTC. We might have one those times upon now for the next few months.
The risk in litecoin is now low and the upside potential is high as it has...
The litecoin RSI is gaining strength and momentum as the price has stayed in a consolidation and slow climbing price channel since the March drop. In my opinion its very undervalued against almost all coins right now. As soon as it breaks the first resistance point it will start heating up into years end. The time to buy is now, then sit back and watch it...
O rta vadeli tahminler:
Fiyat 22.50 desteğin üstünde olduğu sürece, yükseliş trend'inin başlangecı bekleniyor.
50.65 olan direnc kırıldığı zaman emin oluyoruz.
Eğer 22.50 desteği kırılırsa, -yükseliş trend başlangıcı- kısa zamanlı tahminler geçersiz olacaktır.
RSİ'deki #1 numaralı düşüş eğilim kırılmıştır, dolayısıla Yükseliş Eğilimin...
Les prévisions à moyen terme:
Tant que le prix est supérieur au support 22.50, on peut attendre le début d’une tendance haussière.
Nous ne pouvons être sûr que lorsque le support de @midtermlow est brisé.
Si le support 22.50 est brisé, la prévision à court terme -du début de la tendance haussière- ne sera pas valide.
La tendance baissière...