Based on this analysis the next high will be in the 75 range, if it goes beyond 75 to 79 range, I think we're going to see a possible breakout towards the 100's by the end of the month www.tradingview.com I pasted my other idea which goes over a possible breakout to the 100's. But if we can't go beyond the 75 range in the next rise and it comes back down hitting...
With the type of uptrend move we saw in the 90's, it is hard for me to believe that we'll return to 40's or 50's range. I think the reason we're seeing these higher ranges is because Litecoin is undervalued and it will finally see a higher range in the 100's closer to what it is worth.
Despite 10-20% drops in BTC, LTC has been very resilient and a great place to hold your money for the long. Los Angeles 12;42 PM. 4 HOUR TIME FRAME. 1. LTC has tested Lightning Network from Zurich to SF. blockstream.com 2. Even with Lightning Network on Bitcoin and LiteCoin, Litecoin will still have lower fees. www.reddit.com 3. Litecoin has 4x the block...
LTCUSDT is currently in a bearish continuation pennant. expected target price is around ~$63-59. may not actually happen, but I think we're currently in a secondary (reactionary as per Dow Theory) bear market, so this is what I'm expecting. trade at your own risk.
This continuation patterns work on crypto as we have seen until now. So this might be another case of easy money for the traders and it's correlated with the BTCusd possible downtrend FLAG pattern. So watch out because LTC might gain not only for the USD but also VS. the BTC! ADVICE IN THIS SITUATION: Use STOP pending orders with SL! Good luck traders and manage...
Based on the 4H chart, we can see a new swing high which can be used for drawing a downtrend line. Also this high is a signal level. If the market breaks the downtrend line and moves above this high, it will be a signal of possible upward movement. Of course we can't be sure in it on 100%, but it will be a buy opportunity. Pending orders must be placed at 82.70...
LTC will rise over 100 USD in long run, in worse case price just hovers around current levels. LTC is big in South Korea so any news there might shoot price any direction. LTC low transactions fees and quick transactions make it great for mass implementation, volume is usually in top 3 coins around 1 bil. as market capitalization is 5 th coin about 20 times...
LTC has market cap under $ 4 bil. , BTC has market cap over $ 70 bil . LTC with low transaction costs and quick speed has great potential for small transactions. Realistic evaluation seems to me about 10 % of bitcoin market cap , i.e. growth of over 100 %. Its just my guess but LTC seems to be the most usefull coin for normal use and therefore should have big...
The market dropped to 64.00 support level and it gives us a new buy opportunity. RSI is in the oversold zone and it's going to reverse. MACD histogram is also going to reverse and support upward movement. DMI allows open long trades. We can start building our long positions. This time pending orders should be placed above SMA50 at 71.20 level. Stop orders can be...
After a labor day weekend sell off in crypto, litecoin appears to have formed a support trendline for its base and accumulation for it next run up. Volume is low but volatility remains high. This looks to be an opportunity to go long on litecoin. With lightning network going live, atomic swaps, excellent dev support, litecoins solid history, continued adoption...
Litecoin shows the amazing upward movement. The bulls are strong, but now we must think about further price reversal and a correction movement. We must not buy now, because it's too risky. If we open long trades now, we have good chances to do it on the high. That's why we must wait for a correction and only after that open new long trades. What to do with long...
LTC is on a slow 4 hour rise. Los Angles 9:07pm. Nothing crazy. Just HODL!
Hello everyone! Litecoin like many other cryptos are doing pretty well while Bitcoin is resting near its ATH. This is some simple trendlines and a channel, where you can see the support and resistance. When it hits the top lines it is bearish and when it hits the bottom it is bullish. Looking at oscillators and volume is advised in case it breaks above or below...
Weekly Stoch RSI indicates a new wave is beggining in the uptrend, price bounced from the last upward spike consolidation and its moving up slowly. Good entry point at the 49-51 range. Major resistances at 55 and 60, targets at 72.6, 107.86 and 143.07 according to trend based fibbo extension.
Litecoin made a good upward movement. I would like to show you how we could trade based on signals of Ichimoku indicator. You can see on the chart 6 levels for opening long trades. There are 4 trades which could be closed in profit. One trade could be closed by stop or left for long run. And one trade is still active. If you follow proper money management, these...
LTC has been pretty consistent and we're seeing the rotation into LTC that typically happens after a BTC move. The cycles have been consistent but it looks like LTC wants a higher ratio to BTC based on volume profile. This tells me that LTC could have significant upside moving forward. Not only is USD, but more importantly we can see the technical upgrades...
LTCUSD looks ready to break out over major resistance of $55 soon. Could fall back into the triangle but confidence is high of a major swing break higher. $100 LTCUSD before the end of the year wouldn't surprise me. Adding to LTCUSD holdings on the current breakout. Also adding on subsequent pullbacks..