Litecoin, often referred to as "digital silver," has been quietly making waves in the cryptocurrency market. A compelling technical pattern has emerged, signaling the coin's strength and potential for a sustained bullish trend. Let's explore the concept of an ascending channel and what it suggests for Litecoin. The Ascending Channel: A Bullish Structure An...
LTC price shows an inverted head and shoulder pattern with a neckline at $68. The uptrend faces resistance from the 50-day EMA. A breakout above $68 could lead to a 40% jump to $100. Bearish dominance at the $68 zone has led to multiple breakout attempts. Lower high formations persist due to a dominant resistance trendline. Death cross in the daily chart hampers...
Litecoin recently underwent its halving event on August 2nd. If we look at how the price reacted to each halving, it typically trends downward for about 1 year before it sees its bull run. Litecoin is no different than BTC when it comes to its cyclicality. Here's a chart I published early this year: You can see how BTC tends to move in very distinct cycles...
Traders, In addition to breaking out of the triangle, LTC has now formed and broken the neckline of an Inverse Head and Shoulders. The target here takes us straight to the underside of that RED TL (major resistance) and that will be my target. Entry = 67.67 Target = around 78-80 SL = under 63 R/R = 2.5 Additionally, I have move the stops of ALL my other trades...
I will be selling at $92 Buying back at $85 Selling at 10x Girlfriend is ready to go with me fishing gotta go.
LTCUSD will double bottom along this horizontal line This allows for a bullish reversal Currently LTCUSD is a bargain, buy up!
Hello friends, welcome to this Litecoin update from Crypto Sanders. Chart Analysis:- Litecoin (LTC) has already experienced several halving events. Litecoin halving events occur approximately every four years, similar to Bitcoin, and they are designed to halve the block reward for miners. First halving: occurred on August 25, 2015 – Block reward reduced from 50...
Looking forward to see if any pivot points appear near the bubbles with any candlestick patterns. The 2 potential pathways are just for context. This type of drawing is a new project and don't know what to expect from it. Will post updates if anything significant pops up. up. up ~!$>
- Litecoin (LTC) experiences intense volatility prior to its halving event. - The halving event is expected to reduce the mining reward for LTC from 25 to 12.5 coins. - Price fluctuations are observed as investors panic sell and others hold on to their positions. - The trading range remains relatively tight during this period. - Uncertainty surrounds the impact of...
LTC coin wxy correction pattern Elliott wave count powered buy Elliott wave club
Litecoin may turn upside for wave d from a triangle pattern if will keep 65.39 level. Wave b rejected at 0.854 fib retracement of wave a and now probably will bounce from 0.854 retracement of wave b(71.09) If will break above 79.77 It will will strengthen our count! Hit the like button if you like my analysis and follow me for future updates! Good luck!
H4 - Bearish trend pattern followed by a double wave correction. Bearish divergence. Most recent uptrend line breakout. Until the strong resistance zone holds I expect short term bearish moves to happen here.
LTCUSD The price looks uptrend as long as trades above the support zone which is 63.54 and 62.82 and then will reach 67.06 and 68.10 but otherwise, stabilizing under 62.825 will be bearish to get 60.90 Pivot Price: 63.55 Support Price: 67.06 & 68.10 Resistance Price: 62.82 & 60.90 The movement Range will be between 63.55 and 67.06
Litecoin (LTC) Technical Analysis: Navigating Short-Term Challenges for Long-Term Gains Introduction: Litecoin ( NYSE:LTC ) is currently trading at $65, and it's crucial to dissect its high-timeframe (HTF) chart to understand the potential short-term hurdles and long-term prospects. In this comprehensive technical analysis, we will explore what lies ahead for...
ltcusdt - first clone of BTC, some say that it was created to be a project that programmers can experiment with diffrent suggestion be fore implement it on bitcoin, they needed a "live" minebale network. but the official version that litecoin ment to be "a small change" of bitcoin payment system, like "cents". since 2011 launch the coin didnt succeed to be "the...
Litecoin is poised to test the low 60's over the coming week. My trade scanner has called a signal to go short from 64.90 with a stop at 66.25 and take profit at 62.90 approximately. This was shared yesterday around 6:30 PM EDT. These signals are private but I am sharing it here so that as a community we can evaluate the context and observe the outcome. Having a...
Hello everyone. As you can see my target is reached. But as I did my inalyse on oanda just to show you. I traded this coin in binance. It took a little more than 9 hours but all my targets are reached and met just like a predicted. Again good luck everyone. Support me by a like and don't hesitate to leave a comment. Thank you all.
This is more clear update of my chart with my targets. Broken trenline will get retested. I took a risk with my stop-loss. But it's worth it.