LTC/USD double bottom and double bull patternNow we see how the second local bottom is formed, repeating the history of Bitcoin, and the bull patterns that are shown in purple and red lines are also pending completion, so beware, but also do not forget to use stop limits because the market is very speculative and unstable
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Litcoin
LTC/USD ready to go up, build a bull patternwhat we have?
a bull pattern that signals the possibility of LTC's growth is drawn, the only question is whether we will go up from a strong support line marked green and go to the yellow sector or leave below and from there we go to test the resistance level stronger 170
in the affirmation of a given paternal pattern, on the daily chart we draw a similar scenario, I'll attach the screen below
LTC - ATH in the next week?... looks like it's making another run up through the cloud.
Last time it hit the ATH after 3 days. Reckon it may have another go at this, presuming it doesn't get REKT by a BTC run.
REALLY hard predicting these days which Alts will get punished and which will rise in the tide when BTC runs.
I reckon LTC has the recognition and "brand confidence" to carry the day.
Time will tell...what do YOU think?
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Ethereum: 0x54b4db5053224e87d305c7babcdc885530762aa1
Litecoin: LfBcVt2TRoPpvS4APw21qQmUZi93DY2w3N
DOGE: DRw8q7Gck2XL1M5WQ6sMmZ94FDr6qaCdvh
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BTC Strong Confluence , also check last confluence call 8800 zone is seeing the confluence of
1. 50% Fib level of the most recent uptrend
2. 23% Fib level of the major move from 5400 to 20K mark
3. Swing Support and resistance
4. 200 EMA
Based on that information We would expect Demand to increase above and around that level with lowest of 8000 to 8200 zone, next level down on Fib before the next move to 13K mark
Check my Previous Confluence analysis to see how it worked
Please Like and share if you agree
Kindly do your own research and trade to your own taste
and that's a Close up on the 4 hours chart
litcoin price analysis ( LTC analysis)hi friends there is forming wedge on ltc chart and ltc can go little low before explode it may comes and take support on that 100day Ma red line so can place buy order near 0.0193 sat. dmi is also about to cross so be careful chart not signalling for buy but we can buy at lower support of that wedge and then ltc can make reversal wait for the buying opportunity
thanks.
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keep earning
300% profit Ltc$ buying oppertunity(Litecoin price analysis)hi friends,
here is an another 300% profit opportunity in ltc an we can see in 4 hrs chart its forming widget pattern which means it will blast up but before that it may goes down before storm Buying Zone is 114$-120$ buy there and hold till 300% gain holding weaks 4-6 weaks its price will defiantly blast up take the opportunity and ride Ltc ride
LITCOIN | Quick Wave in Action! - [BULLISH INSIGHTS]Hey Traders,
currently we're looking at a Bullish Setup for LTCUSD that is expected to give a short Bullish wave,
Fibonacci Major plotted from All time High to Recent lower low 0.382 intersecting with FIbonacci
minor 1.618 plotted from recent swing high to low, would be our entry point
as a cross in 200D. MA confirms the bullish actions
+90 PIPS Target (FUTURES/Forex)
Entry - 193.170
TP - 296.064
SL - 154.217
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Litecoin in a bearish channel, watch for the break of support!
Litecoin is in a descending channel with first major support at 167.12 (Fibonacci retracement, horizontal swing low support). Only a break of this support could trigger a bearish move down to 140.49 support (Fibonacci extension, horizontal swing low support).
RSI (34) is in a descending channel similar to the one we’re seeing in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTC 340LTCUSD consolidation and market conditions suggest upward breakout to 340. LTCBTC shows resistance at 0.02 with higher lows, important chart to watch while trading ltc. I expect LTCBTC to test 0.02 resistance by New Years.
Predictions:
Next couple days - LTC 340
Next couple weeks - LTCBTC 0.02+