-we have a 4 hour timeframe uptrend since the (10th November) -on the 15 min time frame a downtrend has been broken after testing the major timeframe trendline -if it breaks above the 62.28 resistance of the previous high, which we had before the breakout of the trend line, and retests in on the 5min time frame and holds and breaks a 5 min pattern on the long...
LTC is holding its diagonal long-term Channel and is currently sitting on the midline of this channel. In the past, we have seen how BTC dominance has shown weakness and brought a lot of momentum to LTC. LTC is now at a point of another bullish swing to its BTC pair. This will be a swing to the following resistance labeled as R1. LTC Historical swings since...
#LTCUSDT $LTC is near a long term support zone and a weekly ascending support. this area is the same with 0.786 fib level of last swing high. so I think it is possible that #LTC drop a little more to touch this zone of strong support, then can start another swing high to 1.414 fob level around $270. my long term view is still cup & handle for $LTC.
#LTCUSDT weekly chart of $LTC shows to me a cup and handle pattern, that if it is going to complete, the target that gives me is around $500, which is the same as target of AB=CD pattern that I shared before.
#LTCUSDT we can draw a triangle for $LTC price , that now is near the upper line. A rejection from the upper line of this triangle will drop the price to around $170, here around this price there is a strong support but it touched 4 times till now , which made it weak, and this drop may continue more. but a break above the upper line of triangle will pump #LTC...
#LTCUSDT $LTC broke down the ascending support line, the nearest support is a zone between $166 and $161, that will go to touch in coming hours. As I see a double top pattern that shows the correction or down trend will continue to the next support zone, which is the same price of 0.5 and 0.618 fib levels.
#LTCUSDT It seems to me that $LTC is going to shape a Head and Shoulders pattern in long term. and now we can see a parallel channel that price is bellow middle line of this channel, a short term down trend with low momentum can happen between $114 and $121. after that price can go up to touch upper line of parallel channel.
#LTCUSDT $LTC is trading inside a wedge, that can reverse the trend. wait for break out from this pattern. Support zone is between $104 and $115 that may liquid (or hit SL) long orders with a shadow.
#LTCUSDT as you can see $LTC is near 2 resistances, a 4h candle close above this zone can make it reach $155 that is near a long term ascending resistance
Again, I believe 5th wave is done and dusted and now we are drawing zigzags. That means we can goal it at where this thing might eventually land in a week or so. Fib time is less precise. Anyway, Fibgoals in green dashed, invalidation in red. This is not financial advice. Be safe out there.
looks like a hummer bottom reversal and MASD is at an oversold level. I am LONG and wrong, so I see bullish signals everywhere. Time will tell.
#LTCBTC price broke out long term resistance and after pullback we can expect a massive increase
Lightcoin will move towards higher goals after defeating its resistance and stabilizing it high.
#LTCUSDT $LTC broke out resistance and now try to confirm it as support. we will see $330 in coming days🚀