Hello again everyone, This is a continuation of my previous Litecoin analysis, the other one was getting really congested. If you want to see that one I will link it below as well.
Here is what I think, this correction is almost over. Unless something catastrophic happens like a black swan then this should be pretty close to done. I thought that MAYBE the...
On November 27th, 2023 the “Collapse to $30” idea was published (below). The idea was met with some rebuttal, shall we say.
The evidence for a collapse in Litecoin price action has only grown in the past few months.
A new candle prints on the above 2-month chart in 14 days. If it prints as is, it will be a Gravestone DOJI. Such candlesticks on this timeframe...
Found this interesting fractal for LTC, pretty much speaks for itself. So right now we should be at the end of the blue phase, meaning LTC could see a decent leg up to ~140-150$ coming weeks, from there 200$ would be the next target.
To be honest, I wouldn't be surprised seeing this play out :) But we will see!
Stay safe!
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...
Friends, lets take a look back to 2016, before the infamous 2017 bull run began. We can see a lot of similarities when we zoom out and look at a 2 week chart to what we are currently experiencing.
Pay attention to the Stoch RSI, we saw a test of a similar ascending triangle before a pullback and consolidation for about 9 months!
I am not saying we will have to...
Overview
As of the latest analysis, Litecoin (LTC) presents a mixed sentiment with a leaning towards a bearish outlook in the short to medium term. The currency's performance over the past week and month has shown significant declines, aligning with the overall sentiment depicted by the majority of technical indicators utilized.
Technical Indicators
Moving...
Hello Everyone,
To fuel further bullish momentum, LTC/USD must establish stability above the 1-year Pivot Point (PP). Currently, the price has been finding support at the daily Pivot Point (PP), indicating a promising foundation for potential upside.
TradeWithTheTrend3344
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.
CRYPTOCAP:LTC on htf is printing an extended BUTTERFLY harmonic pattern that targets $186 area as the first take profit zone that alligns well with the 0.382 fib resistance level.
D1 - Bearish convergence
Currently it looks like a pullback is happening.
No opposite signs
H4 - Lower lows
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
LTC USD Monthly Chart
Last Call
Moon-boys get your moon-shoes on.
Bag is loaded with a DCA of 45 bucks.
This seems like a RR no brainer.
This is absolutely not financial advice.
Hello Everyone,
LTC/USD holding above the 1-year, 1-week, and 1-day Pivot Points signals a bullish trend and suggests potential for further upward movement!
TradeWithTheTrend3344
As I always reiterate, priceaction will often dip back down blow the neckline of an inverse head and shoulders pattern after the first time it breaks above that nckline, so you never want to get too overzealous about the initial neckline breach like we can see litecoin has jsut made on its inverse head and shoulder pattern. Probability is fairly good that I will...
🦈Hello!
Today, we'll discuss a trading idea for 👨🦳#LTC from the #CryptoTop #Liquidity group. Before we begin, let's understand the global and local structure, determine the price direction, and identify the entry point. Let's dive into the analysis!🦈
⏺On the global chart, long-term trading is marked in pink.
⏺Local trading is marked in blue.
⏺The trading...
This is my 4th Idea or "Chapter" to collect evidence for my theories.
This Chapter is to observe the results of price Returning to Impulse.
I will be adding examples as ongoing "Updates" whenever I spot them.
Impulse = strong continuous force for a limited amount of time.
When there is a return to Impulse, it is a critical zone to watch.
Rejection from,...
