The LTC currency has been accompanied by good news in the past months and has not grown as expected. Now we have entered an upward cycle and it will be a good option for long-term investment.
📊Analysis by AhmadArz:
🔍Entry: 87.60 - 86.06
🛑Stop Loss: 89.56
🎯Take Profit: 83.88 -80.83 -78.95 -76.40
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Looking at this chart, it’s clear that there’s a positive sentiment around LTC. The price is hovering nicely above the moving averages, which is a sign that things are on the upswing. The moving averages are neatly stacked, and the price is respecting that pattern, indicating a solid upward trend. The volume is quite heavy as well, suggesting there’s serious...
Hello, there! GOOD to SEE YOU.
LTC is retesting now, after breakingout the downtrend line(long-term).
If you see a rebound in the current section and breakout the red resistance line up,
It will rise with huge movement .
Look forward to it!
Wants to follow daddy Bitcoin , running after the fact. Anything I post I'm making a move on. THe plan is always a position trade. Sometimes these things run much higher and much quicker thn I think it should and I rotate out. I'm looking for a few things with this play. 1. Something proven and battle tested over a LONG period of time. 2. Not under scrutiny by...
By checking the chart of #Litecoin in the weekly time frame, we see that based on the previous analysis, the price has started to grow and we are witnessing a 9% return so far! I still expect more growth from this crypto! ! The targets of this cryptocurrency are $92.5, $115, $200 and $268 respectively!
Please support me with your likes and comments to motivate...
This is just my 2 cents on the LTC chart, going over the 106 and closing a few daily candles above it for confirmation will invalidate the H&S or if we break and close below 70
Hello friends nice to meet you all how was your day?
I feel good today because I ate light meat for lunch hahaha
Bearish Flag Pattern is indicating a DOWN.
The exact condition to enter a safe position is when the retest is successful after breaking down the lower flag line.
The target value is the AB=CD pattern, which is a 1:1 value drawn for each inflection point.
This trade fundamentally relies on the idea that capital will rotate from BTC and memecoins to old POW coins like LTC. Most likely to occur during summer.
Technically, i like the chart
Litecoin has broken out of the local resistance zone, where the price has somewhat secured this zone as well.
We are not looking at further pushes to EMAs or a local rejection from the current zone (fakeout scenario).
We are waiting for outer zones to be reached, and from there we will be looking for further movement, either to upper zones or to lower zones...
After some time of accumulation price is making higher highs, price broke the last high and the backed up to test it again, its a good place to open a long position with low risk.
