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Imo POLONIEX:LTCUSDT will go up again.
After it's long sideways-downwards trend POLONIEX:LTCUSDT is finally going up.
But before that, the value of LTCusdt will decrease to around 45$.
No worries needet, 'cause February next year it's value will be about 80$
So I'd say, invest now and see if the trend is going to change next year. If it is, get out and be happy ...
If BTC' makes a move from the current level then LITECOIN' is ready to make a breakout from the triangle!
Triangle has drawn on the line chart to avoid those noisy wicks on the graph.
The last 4h candle bounces upwards from the support level and from the trendline crossing area and the price is on the Triangle peak which will indicate that the explosion is ...
LTC broke descending triangle on logarithmic daily, current testing 50 MA (62$area) if can break above this is clear indication of a break out
TARGETS 71 -110-190
Waiting for the breakout to buy!
RSI is essentially oversold (almost there) and MACD is looking to cross below zero.
The question is.. are you a bull, a bear or a faery?
If it manges to break above the clouds then we will se a rally to 70$ and above
tether says its slowing moving up from falling wedge, but we need to touch .75 fann gann zone support twice for confirmation which is pretty big from next to nothing to 30 dollars lets say 13 dollars is the bottom of a wick and 20 for the body close of the day.
*Just for Educational purposes as it is my second published idea.*
LTC has found some good support in the $53 range, ad has been fighting some side-wards resistance. It is getting to point where the the resistance it is meeting the long term trend line. If LTC can manage to get past the resistance I think we would have a pretty good breakout. Lets all hope or the ...
12hr swingtrade. Follow the rules IH&S 12hr.
...before it bounces to $60 by the weekend - $ltc
open entry 55$ - 52$
have stop under 50$ and make a new entry from 37$ - 33$
Targets on the chart
I expect LTCUSDT will reach 100$ or 120$ in less 2 month
maybe it's time
Disclaimer and background: This is not financial advice, and I have never received training sufficient to give financial advice. For me, this is a hobby. This is my first published idea. I am unsure whether I'll further publish ideas as trolling remains my primary pastime, which I've been slacking on. Follow me on Twitter @Teklologist.
Edited for grammar and ...
Good base for growth
Pasting chart in comments again for easier reading and viewing:
Here is an image of a Wyckoff Distribution Schematic #1: https://i.imgur.com/nVvme5Z.png
Here is an image of the 4-Day chart I previously posted but without indicators AND with image of Wyckoff Distribution Schematic #1 in lower righthand corner: ...
Ok, the ltc btc pair chart looks equally as amazing if not better than the usdt pair. (when you zoom out on their charts this is just showing first target and how to enter) LTC should bring some huge gains but I'm currently playing the usdt pair because not a soul trusts btc right now. Let's get stopped out in profit! And if for some spiritual crypto reason ...
Litcoin to 70