A bearish analysis for your consumption. Time spent on creation was 2 hours. Will cryptocurrency/precious metals see a decrease into 2026-2027 followed by another bull market? This would consolidate and eliminate a lot of other alternate cryptocurrencies. Such is life. Litecoin (LTC) is a peer-to-peer cryptocurrency that was set up by Charlie Lee (a former Google...
eventually we shouldnt be surprised . takes time larger tf Prevailingnine 8.12.23
Litecoin just broke the support zone and pushed down and now heading to retest before deciding on the next move am going to be taking such an opportunity to buy ltcusd short term and target $80 then am out am using stoploss as 64.00 JOIN AND ENJOY
Litecoin - 24h expiry - We look to Sell at 66.46 (stop at 68.96) Trading within a Corrective Channel formation. Price action remained contained in a narrow range yesterday. Trend line resistance is located at 66.50. Prices expected to stall near trend line resistance. We look for a temporary move higher. Our profit targets will be 60.46 and 58.46...
This Litecoin (LTC) Signal Has Not Been Seen Since March 2020 – What Does It Mean? Aug 23, 202310:30 GMT+1 The Litecoin (LTC) price has decreased since reaching a new yearly high in July. The decrease validated the $100 horizontal area as resistance. Litecoin is now trading close to an ascending support line that has been in place since July 2022. Whether it...
As you can see from the peak of the previous cycle until the COVID crash and final flush-out was 27 months. Also notice the previous months of the crash was a failed retest of the logarithmic downtrend line. It took 6 months to retest the line again and 8 months total to break it. This would put the current cycle retesting the trendline in February 24' and then...
Another entry here for me in Litecoin. It actually missed my trigger buy at $77.50. But I didn't want to wait anymore. Bought at 77.12. SL is 71.69 for now. Will take profits along the way with an overall target of $106. A little more on why I took this trade. Of course, fundamentally, you all probably know that halving occurred. The market sold the news and now...
Doge vs LTC in back in 2017-2019 This is what im expecting
This is part two of the doge vs ltc 2017-2019 pattern This one is fully zoomed out.
In the past two LTC halvings, price dropped to retest the recent lows before the +- 500% bull run. The days from halving to bull run start have decreased each cycle. I expect October 2023 to be an important time to watch price action.
The next Litecoin halving is estimated to be in 4 days 19 hours on 8/03/23 at 12:39 UTC. Litecoin halving is the event where the number of generated Litecoin rewards per block will be halved (divided by 2). The total number of Litecoin mined by miners per block will reduce from 12.5 to 6.25 LTC in the next Litecoin halving. Halving occurs every 840,000 blocks...
LTC needs to test the Fib 1 support line first. If Fib 1 line holds the price (No monthly close below) then it will go the the upper line again.
Not really a surprise here. After briefly heading higher, Litecoin has drifted back into the range it's been in since the beginning of the year. Since the failed breakout, I think it means Litecoin will need to test the lower bounds of the trading range and hope to God it finds buyers. I called the end to the rally a bit prematurely a couple of months ago: You...
Watching & Waiting to strike! Red Candles & Green Candles! IN & OUT! BE CAREFULL!
LItecoin is currently barely holding onto the 200 day MA (teal), and has already retraced heavily from its pre-halving rally peak while failing to get back into the long term uptrend channel. In mid-2019, when LTC began breaking down, it was a sign the market-wide relief bounce was over. Now, the environment is way worse. I'm not going to even bother deep-diving...
i think we are in a big daily sideways move for ltc (and 99% of other crytpo) first move i will be targeting is the move down to complete the C wave of the running flat targeeting 77$ area , then i will be looking for buy setups to get the implusion up that will break the last high at 115$ area ; then i thin it will be tricky , the move up can continue but...
LTC price action shows a significant increase in selling pressure, leading to a 20% fall in the bearish market. Breaking below the rising channel pattern, a drop below $60 could crash the LTC price to $50, an 18% drop. Litecoin faces intense bearish pressure with top coins like Bitcoin and Ethereum down by 7.52% and 6.02% respectively. Trending lower within...
LTC lost its last hope of staying in a bull market. Despite being oversold, LTC sold off another 13% amid SpaceX BTC sale, Evergrande default, Federal Reserve may continue to raise rates, and SEC appealed XRP case. From here, being very oversold on the RSI, I expect the price to at least retest the bottom of the rising channel. Next, LTC should follow the...