Must break down from the green triangle. Only thing that will prevent this is ETH making new ATH. LTC has been down a maximum of 35% from the top while other Alts have 2Xed to 5Xed in the same time. This is why HODLing has an opportunity cost even if it pans out.
If we take a look at the 12 Hour chart we can see that we probably are forming a bullish reversal candle with a long wick and small body.
The area of the wick aligns with a important demand zone.
On the bigger picture it seems that we are in a triangle formation and the declining resistance line of that triangle will be my target.
As you can see it reflect from a big support so I will buy it and my stop lose at the red line and TP at the yellow line so let’s see what will be
For the big time in 7/march and there is a small time in 13 February
I think it will be before 7/ march
I hope nice dreams
By breaking the downtrend line, LTC can see the set targets in the short and long term.
The line support also has its long-term uptrend and has created important and good intensive support ranges from a static point of view.
We suggest that you monitor this crypto currency and be sure to trade according to your trading strategy.
This is an update and improved version of top crypto assets to get a better view of the whole market, Total Market Cap is not working for me , BTC pumps make no sense, ETH makes new high... But all combined together gives different perspective of the market.
The most enthusiastic supporters of Bitcoin are revolutionaries. Some hope that people will rise up and...
Despite the sharp drop in LTC prices provoked by BT C, the price range is important $126-131 withstood the blow.
The price of LTC remained in the white growth channel. The sellers tried to break through this range at high volumes. After the formation of a false breakdown , buyers seized the initiative.
If the local fall wave is complete, the price...
Hello to the large community of traders,
Litecoin is on an uptrend, trying to break out of a long-term trading range.
It is currently engaged in an ascending triangle. In my opinion, after testing,
the ascending channel floor reaches its previous high of $ 254.
**This is not an investment advice. Your capital might be at risk.**
You can support me by...
In the last 30 days Grayscale has bought a bunch of litecoins.
This information is updated daily and you can be found here: www.bybt.com
If we look at the chart a clear double bottom formation is drawn.
It's time to do something about it.
Points to consider,
Perceiving LTCUSDT’s chart, price action is current trading under a key Daily S/R level that needs to be breached for a bullish bias to be valid. Price action has deviated from its swing high with a strong bearish expansion into a liquidity run. Tapping the mid Weekly S/R validated an S/R Flip Retest of the level, this confirmed price action...