Overview: LTC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action reaching a critical support level. This convergence suggests a potential bullish reversal from point D, presenting a favorable opportunity for traders to capitalize on the anticipated upward movement. Entry Strategy: We recommend entering a long position...
For LTC, we were stopped out of our first attempt to catch wave (iv). However, we concluded wave (iv) exactly at the level of wave (i). Following that, we completed the overarching wave ((iii)), or wave (v), exactly where we anticipated, between the 61.8% and 100% levels. We are therefore in wave ((iv)), which we do not believe to have concluded yet, and expect a...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators! We observe the bullish cross on our technical indicator; a...
Wave ((1)) a leading diagonal. Below 105.72 we are allowing wave ((2)) to unfold. Possible target 0.5 - 0.618 retracement area.
Ltc chart explained here. Liquidity has been formed below previous low where is FVG.I am watching to tap this area then huge pump. What are your thoughts?
LTC roadmap Programmed bull-run coming for LTC Hitting a yearly trend since 2017 is another indicator of a super-cycle coming to the crypto and stocks.
📉Hi Traders, Investors and Speculators of Charts📈 Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1. According to my plan,...
The reason for the growth will be thought up later, everything has been visible on the chart for a long time.
Litecoin is a cryptocurrency that operates on a decentralized network, similar to Bitcoin. It was created in 2011 by Charlie Lee, aiming to offer faster transaction times and lower fees compared to Bitcoin. Regarding its future with AI technology, there are several potential intersections: 1. **AI-Powered Trading:** AI algorithms could be employed to analyze...
Despite the BTC dip this week, today's price of "Litecoin" still remains bearish-looking short term as it is trading near the local support level of £79. Thus this mark is crucial for bulls, if it breaks out, the drop is likely to continue to the £76 area. On the daily time frame, the price action of LTC has failed to rise after yesterday's bullish closure. If...
Litecoin is currently perceived as being in a full buying zone, indicating that the market conditions suggest it's a favorable time to consider buying LTC. This assessment might be based on various factors such as technical analysis, fundamental analysis, or a combination of both. Traders often look for specific price levels, patterns, or indicators to determine...
Litecoin is about to turn overbought on its 1W technical outlook (RSI = 69.352, MACD = 5.439, ADX = 27.356) but that is far from a sell recommendation. This chart shows that the historic pattern since its start is a Channel Up which sees its greater returns and starts the cyclical rally when the 1W RSI turns overbought. All rallies have hit at least the 0.618...
Chart suggests it has a chance ... right ? What do you see? certainly gaining ground and we have clear key ratio that if it clears we will likely see continuation in this ratio.
As you can see, after the last Bitcoin analysis, the price was able to grow from FWB:67K to $71.7K, and today this cryptocurrency fell by more than 7% and is currently trading in the range of $66,500! The first important demand level in front of Bitcoin is $59,000 to $63,000 and the second important demand level is $38,800 to $43,700! As you know, there are only...
#LTC The price has been moving in a descending triangle since the beginning of 2022 We are about to break that downward channel And also the moving average broke 100 upwards Current price 70.77 First goal 88.14 The second goal is 113.45
As you can see from the chart LTCN has very little resistance from $28.50 to CSE:TO 95 dollars. Once LTCN gets above $28.50 and closes above prefereably on a daily then its game on in my opinion. Next stop would be $95 and then $200 both areas of probably light resistance. The heavier resistance comes in at the prior all time high at $458. The move to $90...
Ltc has surges 20% profit after hitting our marked fvg area. A perfect example of bullish FVG.