Price formed a clear triangle. I'll open a long position only in case when the price will make squeezing, breakout, and retest. Set an alert and wait for realization.
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if Bitcoin is Gold, Litecoin is Silver . The two complement each other.
I have shown a clear tendency here to switch focus (and posts) between different assets at different times.
First it was Bitcoin from 12,000 to 40,000, the Ethereum, then Enjin (got in at 20cents, stopped posting at the highest point ), the Cardano (and Kusama), recently Bitcoin...
LTC has reached a decision area, a big move is coming.. Could be both bullish or bearish (Symmetrical Triangles are like that aha)
Targets for both scenario's are on the chart, watch for a decisive close above/below the triangle to know which direction the market is heading.
Hi trading view users, in this idea I`ve combined BTC, ETH, LTC, XRP and Monero, each symbol was weighted by marketcap average and divided accordingly, this way if BTC moves like we saw past months will not affect formula too much because is weighted less than ETH for example.
Anyway using this combo formula helps to get a better view than Total Crypto Marketcap...
Entry LTC @$150 Target@ $3,100 Jan 2, 2023
Litecoin is a peer-to-peer Internet currency that enables instant,
near-zero cost payments to anyone in the world. Litecoin is an open source,
global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their...
LTC has the following situations :
- cross EMA 21-200 Daily
- Dead cross EMA 50-100 Daily
- Bearish Triangle is broken, retested already, and downward
- RSI divergence
- long red shadow to 118, I believe this is the point we are seeking for.
I am in Short but not financial advice.
Hello everyone 😃
LTC is moving into a symmetrical triangle or it's better to count it as a bearish flag now.
As you can see ICHIMOKU's cloud rejects the pair and daily MA200 is acting just like a support here !
However current candle remains as a bearish break on MA200 but We can still count on the bullish scenario if current candle closed...
Currently, the volume that has been imported has been able to increase the price
Reach the ceiling and now the price needs to be corrected
But wait for the roof of the triangle to break and after the break
Enter external confirmation and align the first target
Place the Fibonacci 1.618
The protracted consolidation in the LTC market is coming to an end. Before the consolidation, 2 unpleasant events happened. Unfortunately, buyers were unable to keep the boundaries of the trend channel, in which the price moved from December 23. In addition to the trend line, buyers lost an important range $220-230 , from which the LTC price began a new wave of...
Crypto will restart the hyper growth system all over again with expected growth in 22’ right before the next Btc halving sometime in 24’. Opportunity of a lifetime incoming don’t miss out!!! *this isn’t financial advice DYOR
Our updated Litecoin Chart.
Price on support while a second support lies underneath as an extra cushion.
Technically it's a good buy at this very moment.
AGAIN: PLEASE Keep in mind that prices are super volatile...use a stop loss guys, por favor!
#LTCUSDT TA Update:-
$LTC currently trading at $186
I am Short term bullish on $LTC
Support 1 is my entry point.
Buy partially only not once
SL:- If daily time frame any candle close below $175 then exit
I am Only buying in spot.
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