the Lit coin reached to lowest price since it is generated the chart formed head and shoulder and breakout done already the price will continues to growth to 133, 144 levels
Short LTC - 87.70 Stoploss - 90 Target - 60 Wave 4 shouldn't overlap wave 1.
test Litecoin (LTC) is a peer-to-peer cryptocurrency that was set up by Charlie Lee (a former Google employee) in 2011. It shares many similarities with bitcoin and is based on bitcoin's original source code. Litecoin was designed to be used for cheaper transactions, and to be more efficient for everyday use.
Hidden Bullish Divergence in Litecoin as RSI will now traverse through oversold zone
LTC Buy zone: $49 - 50 LTC is one of the strongest so far since June 2022 we had two drops of BTC to new levels but LTC did not make a new bottom with BTC. The reason is you have LTC halving august 2023 and usually they sell off before the halving in two months so I assume peaks around the end of May for LTC Retest Then take-off
Multi Year Range. Halvings. 0.618's being respected everywhere. With the turmoil in TradFi right now, we're either getting great entries in this sweet spot, or everything is going to capitulate.
LTC just loves to play mind games with its holders. This scenario would meet several confluence fib ratio levels and would cause all bears and bulls to get burned. False breakout from the macro down trend would cause FOMO buyers to buy the absolute top with the pre halving narrative. LTC would then fall to complete its macro 5th wave and triple bottom.
This is what I expect if we get a bullish scenario after all the bearish sentiment.
LTC after reaching the Bullish Butterfly profit taking target, has pulled back and developed another Bullish 1.618 Harmonic in the form of a Bullish Crab at the 200 Day SMA and Support Zone. If things go like last time we will see LTC trade at these levels for a few days before going for another Higher High eventually.
Hi Everyone! Appears we are still working on our "Sign of Strength" event in Phase D of Accumulation. We can go up to $135 quite easily in the 6-Week time frame; which see below: 6-Week Time Frame: RED TEXT BUBBLE: Red Line is above level 50 to trigger upward pressure in this 6-Week time frame. This upward pressure will last until the White Energy falls down to...
Pullback (If price can do that) -> Continue the downtrend, should take out that low in green soon or later
LTC within a downward channel with a clear setup for a 5 wave move to bounce off the major uptrend channel. The 38.2 fib also has confluence for this target from the move up.
Cycle from Feb 16, 20223 high in Litecoin is in progress as a zigzag Elliott Wave structure. Down from Feb 16, wave ((a)) ended at 90.05 and rally in wave ((b)) ended at 98.33. Internal subdivision of wave ((b)) unfolded as a zigzag in lesser degree. Up from wave ((a)), wave (a) ended at 96.02 and pullback in wave (b) ended at 92.75. Third leg wave (c) ended at...
LTCUSD has made a Lower Low but on the RSI it has made a Higher Low indicating that it is a bullish divergence and trend may reverse from here
this is counter trade i=,my target in discount area fvg or the BBB order block at 30 mins market order flow is bullish so i antcipating re market will go down to discount area and continue trend
Hello,Traders! LITECOIN broke the rising Support line and is now Retesting the broken level So I am locally bearish And I think that the price Will go down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
I am looking for a signal to go long if price gets to the s/r zone. This is also bullish on the daily t/f. Will switch to H1 time frame to find a reason to go long. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even...
As bitcoin transaction fees are on the rise again, Litecoin begins to look more attractive from a fundamental perspective. The price action looks good too - rounding out a bottom on this weekly chart with upside targets at $80 and $150.