In my video from Sunday and yesterday, in my outlook for Bitcoin, I said that I've become bullish crypto market. Litecoin is not an exception and, in fact, I'm bullish on this coin since November when I first bought it at 50. My target for this coin remains 100 zone and with the price facing resistance at this moment, a correction could follow. This correction...
Rare sight within crypto space, which is still a lagging sector
think this will be one of the safest trades of the 1st half of 2023 -Litecoin halving Aug 2023. Price has a history of rising up to halving (see prior $LTC and $BTC halvings) -Will be looking to TP between $150-$250
Narrow range breakouts on many crypto assets provide a valid trading setups if price is below,resistance and above 18 moving average
A convenient selling opportunity is giving way to a prime buying opportunity for crypto neophytes . Price on the 4 hour TF is forming a beautiful ascending pattern ,right where we are price is reaccumulating.Looking for price to form a nice 3-D pattern before sell off on the 1 hour timeframe .The last 2 consecutive down close candles on the daily timeframe seem...
Litecoin is the slowest coin to grow. After the whole market rises, it wakes up and starts to overtake everyone. He is like a turtle, from the cartoon "The Tortoise and the Hare", and no matter how fast the hare is, the turtle will reach the finish line before him.
Bearish Indications 1. Double Top Formation 2. Significant Resistance 3. Bearish ABCD Pattern 4. Bearish Divergence Bullish Indications 1. Higher Highs and Lows
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...
Greetings. As always i'm happy to share my long charts. Seeing how i've been developing the price action and sentiment on Litecoin all year its pretty clear to me now that it's November 2021 that the price will move up and same as Bitcoin, Litecoin is in the middle of Wave 5. This is a major rising wedge due for breakout and overshoot to parabolic on or around...
Litecoin has held the key support. Looking for monthly MACD to cross up to confirm. Early days but could be epic rally coming. Target up to the Kijun @ $228
The graph follows a bearish trend with consistent red candles after hitting Double-Top at 78.08. Furthermore, Bearish ABCD Pattern and Divergence reinforces the bearish trend. Making a short trade with a risk of 2% and placing two TPs with ratio 1:4.
Litecoin - 24h expiry - We look to Sell a break of 73.78 (stop at 75.81) We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A higher correction is expected. A break of bespoke support at 74, and the move lower is already underway. Our profit targets will be 69.01 and...
Litecoin is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011.
We had a bit of a bearish pullback because of Bitcoin and it was tradable thanks to the Bearish BAMM but now Litecoin just finds itself back at a major support that happens to align with the 200 SMA and the 1.414 Butterfly BAMM PCZ. If Litecoin can pivot from here i think it will go for that $99-$105 target though a more short term target would be $74-$77
Happy hump day in the first week of this new year. It’s been a minute since I’ve last posted some TA, and it seems the itch has returned after putting trading aside for a bit to focus on other pieces and parts of life. I’m sure The Byrds touched on crypto degen season in their hit Turn! Turn! Turn! somewhere. With the Litecoin halving expected sometime in Q3 or...
DYE Harmonic on LTC. This could be setting up for a potential short again. Not financial advice. Do you're own math.