Litecoin is repeating a much larger version of the run back in its earlier days as I show in the charts. This next move up in Litecoin is going to shock the entire cryptosphere. This is just looking at the chart and if the move repeats on a larger scale then Litecoin will probably be in $10000 dollar range. This might sound absolutely insane I know, it sounds...
And possibly below $10 after that? Most if not all Alt-tokens have returned to their 2017 lows with 95% to 98% corrections since 2021. Pick any token popular at that time: 1) DASH.. 95% correction with a return to $25 in 2023 as it was in 2017. Inflation adjusted, the price should be $19! A bucket of expired sardines in a Norwegian Fish-market has gained more...
KRAKEN:LTCUSD is showing an inverted head and shoulders. I'd like to see it clear the VWAP anchored to the prior high before getting excited.
After 4 years of accumulation period, LTC is finally breaking up the long-term resistance since May 2021 when it reached ATH. It looks like we are finally ready to take off.
Litecoin bounced down off the resistance level and broke through the ascending trendline. A decline to support level at $78.1 is expected to happen
According to historical data, I fear that LTC will return to the 35-45 USD or 50-55 USD zone. What do you think about this?
It is simple, you buy and hold. Therefore, understand that Doge as well is a commodity too. Be safe.
LTC has the potential to pull out a 50x move this cycle. 1.618 of the previous wave gives a target of about 4.2k 4.4k for this asset. a 50x move is gonna push the total market cap to over 300 billion dollars which is way too much. that's the only source of doubt i have about the 50x target.
Hello everyone, I'd like to share with you my current outlook on the Litecoin market, based on the technical analysis of the LTC perpetual futures contract. I've identified a formation that prompts some caution: a potential Head and Shoulders pattern that's taking shape on the daily chart. This technical indicator is traditionally interpreted as a precursor to a...
LTC is rising to the $95-$100 price range to form a Head and Shoulders pattern in the D1 time frame. If the scenario is correct, LTC will then fall to the $55-$68 area or lower
Hello, yeah I know the past week or so was a bloodbath, So LTC as seen on the chart has just completed the correction from 102 and completed at 78$, So from there, our entry was at 81.94. so from here im expecting a bullrun to break above 102$. SO for those that have been hodling LTC, keep on Hodling. the coming weeks are gonna be great and life changing. NFA...
Wave ((1)) a leading diagonal. Below 105.72 we are allowing wave ((2)) to unfold. Possible target 0.5 - 0.618 retracement area.
Hello hello. Do you see what i see? Long-term channel is robust. Be patient to reap juicy fruits. Wish you the best.
I drew these lines on June 26, 2023 and we are in a very interesting spot. Confirming support at channel bottom before launch? We gonna make it through? :) Stay tuned...
My view, LTC shows a clear pattern of inverted head and shoulders on the 4 H timeframe. Price 97 is my target, invalid if it fails to fall below the neckline. additionally, on tf daily the resistance area is at 99.68 - 106. NFA! always use a safe risk ratio, set a target and stop loss for your trading plan.
I posted this earlier with the monthly. I meant to include the weekly. I drew these in June of last year. I'd recommend drawing these lines for yourself on the weekly or monthly and looking across different time frames. It's an interesting chart. Seems we're getting close to a major repricing event. Time will tell.
In the daily LTCUSD chart, in the beginning of the week, Litecoin had a fake-out to below $80.43 into the daily range zone. However, it recovered strongly, re-confirming $80.43 as a support. The current price action in Litecoin is very interesting as it is testing the key daily resistance of $88.82-$92.07. A bullish break-out of $92.07 is needed to have a rally...