Hello Everyone, Once again, we're witnessing strong bearish signals in the LTC/USD market. The price has consistently found support around the monthly pivot point (PP), indicating its significance. If the weekly pivot point also proves to be a reliable support level, we could see a bullish continuation. However, failure to hold at the weekly PP might lead to...
Hello traders investors and community, I detected an interesting set-up with LTCUSD which I share with you today. As you can see LTCUSD is trading in a downtrend channel with several bear-moves in the last time. Bulls are weak at this time which can change in the future but for now, bears have control over the overall structure. In my chart, you can see that...
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
Hello traders and community! Looking on the current cryptomarket situation, LTCUSD is forming an interesting pattern which is worth to look at. On the daily timeframe you can see that LTCUSD is forming an triangle-formation. This is a pretty worthy signal because we have several factors which make clear that LTCUSD will make some more legs down. In my chart you...
The chart is self explanatory, if you don't understand it then you should go watch some anime or smthn! www.nicehash.com
A price action above 71.00 supports a bullish trend direction. Increase long exposure for a break above 73.00. The target price is set at 76.00 (its 23.6% Fibonacci retracement level). The stop-loss is set at 67.50 (its 61.8% retracement level). Recently crossed above its 200-day simple moving average, supporting a bullish long-term trend.
Hey guys, I believe January 2024 might be one of the last months for LTC to be able to be bought at sub $60 price. LTC is one of the native proof of work coins just like BTC, Doge and Digibyte. 2020-2030 is the phase 5 of the digital revolution and we are in the mid of it. Things will move rapidly including the switch of the monetary system, starting in 2020....
Litecoin: Navigating a Major Buy or Sell Opportunity as Bullish Momentum Builds Litecoin, often dubbed the "silver to Bitcoin's gold," is currently at a critical juncture in its price action, presenting traders and investors with a significant buy or sell opportunity. Over the past six years, the market for Litecoin has been characterized by corrections, but...
We saw a break above the triangle pattern we've used as a gauge and saw some increased buying volume that helped break above the nearest MVA's to establish some price flooring. I expect LTC to benefit from a surge in BTC value as Those roll those profits down into older and similar chains to BTC. My theory is that if BTC breaks higher and above the next ATH, the...
Hello Everyone, Although LTC/USD has been advancing at a slower pace than anticipated, the overall forecast remains unchanged, maintaining a bullish outlook. TradeWithTheTrend3344
Feb-6: In hindsight, I was overzealous on the expected sell-off pressure to hit on Feb. 1; instead, it hit on Jan 31st. And it bounced off the 50-day MVA, but at a price target I was not expecting, but I also hadn't watched this one evolve. Either way, it's not a bad theory to watch for the MVAs and the price action.
Hello Everyone, The LTC/USD pair could potentially test the one-year low @57.64. On the 1-week, 1-day, and 4-hour timeframes, there is a gradual shift indicating a move towards a bullish outlook. A promising buying opportunity may emerge in the near future. TradeWithTheTrend3344
LTCUSD The best way to get sell opportunity is to place a SELL LIMIT order at 71.3844. Stop at 74.9058 Take Profit at 69.0549 and 67.0345 LTCUSD The best way to get Buy opportunity is to place a BUY LIMIT order at 65.0126. Stop at 60.9132 Take Profit at 67.0345 and 69.236 Use a proper money management plan according to your current capital and keep control of...
If the selling pressure continues, might there be another price spike or sell-off with another retest of the 50 MVA? I'm tracing a pattern from the prior retests of the 50 MVA. Each time, a long wick forms from selling pressure and drops to where the prices firmed up for the day. This traces through to a second time the 50 MVA was rested if you trace further...
Litecoin - officially a commodity as declared by the SEC - is about to hit major support and if it holds, which it most likely will, it is going to go to new highs as it is intended to. Not financial advice, simply looking at trendlines and following fundamentals. DYR
It looks like a LONG with a correction to the nearest level to 64.86, from there you can look for buy points to the level of 66.78 - 67.88.
LITECOIN (LTC/USD cycle) 2013-2024 cycle chart + BTC Halving Times 1 Parallel Channel All times #ltc LTC/USD LTC/USD (lineer chart) green buy zones 2018-2023 similarity fractal LTC/BTC 2013-2024
Please refer to my previous litecoin chart years ago. It’s clear we had a rally. We are back in the buy zone again. Anywhere between here and $50 is the buy zone.