Litcoinlong
LITCOIN The GOLDEN flying Bull($300 target bull pressure)Are you Ready? here is why you should be buying every pullback on Litcoin, While the regular W pattern usually continue a trend, the W-Bottom completely reverse or ends a trend. Litcoin has completely been reversed and you should not miss the next ride on his golden run about to take place. Thanks for watching
LTCBTC Monthly falling wedge LTCBTC is in a possible monthly falling wedge, we need to look at the wedge support to see if it will hold another push down. Looking forward to migrating my BTC hold positions back to Litecoin. We have one last support at 0.0052 than no more support on the monthly timeframe, if we lose, litecoin will be in trouble.
Strong Bullish PUMP coming weeks 60-75 Target+ IF Hard Pump 120$Trend setup for bullish for 1st target 55$ and 75$ and if bitcoin holding bullish trend upside then we will see bitcoin towards 80-90$
🛑SUPPORT/RESISTANCE
✅S1= 42$
✅S2=35$
✴️R1=55$
✴️R2=75$
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LTCUSD Elliot Wave TheoryGreetings traders!
Some have viewed this as an Inverse Head and Shoulders series, however I have taken a more appropriate view.
The Elliot Wave theory with an a-b-c correction indicates a strong, bullish movement to the upper resistance level.
The price has also once again retested the 200 EMA, fuelling the bulls.
The price seems to be in a three-drive pattern leaning towards the upwards momentum as well.
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Wish you all a great trading week,
Good luck!
A little more upside before a big dumpLitecoin has a little more upside before we might go back down to 0.001 BTC to fill in that void.
I see 2 areas of resistance which is the 0.014320 level and the 0.015150 level.
If you are long Litecoin it is probably a good idea to take profits at those levels i think. i do not see it go to new ATH's just yet
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
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