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Litecoinanalysis

LTC ready for massive pump this week!!Litecoin has been pushing up and creating higher lows and higher highs, and has actually broken through the crucial resistance level at the 1 FIB, We now have a new 2021 ATH! Breaking of this long term resistance and still holding it strong is super bullish in my eyes, litecoin historically is one of the best performers in alt season and bullruns alongside BTC, we now have lots and lots of room to continue running up to the 1.6 FIB and 2.6 FIB! Our Zero lag macd looks good we saw a bearish flip but it looks like we could see a reversal very soon! We are seeing some decent volume today and i think if we can close today above this 1 fib level its takeoff time. We are also seeing a switch with the ichimoku cloud and its now printing green support clouds. Overall very bullish on LTC i think a big run is coming! NFA just my opinion!
COINBASE:LTCUSDLong
by JacobR905
LTC one step closer to take off!!Litecoin has been pumping recently putting out big numbers, we are currently well above the 0.7 FIB level and super close to going for that heavy resistance at the 1 FIB level or 247$USD. We broke out of the ascending triangle with force and it definitely feels like LTC is going to show everyone what its capable of in this alt season bull market!! We see the zero lag MacD has crossed bearish but i think itll be for a short period, even if we do get pulled down i'm confident we will still close today above the 0.7 FIB! Also the ichimoku cloud is starting to print some green support. i believe we are going to see LTC start to take off soon enough smashing through that heavy resistance and keep heading up! Not financial advice just my opinion!
COINBASE:LTCUSDLong
by JacobR905
LTC Ready To EXPLODE!LTC is looking fantastic right now! We are soaring through the 0.3 FIB level and could even see a push to the 0.5 FIB! I'm confident LTC is going to have a great close today around current prices and then tomorrow continue that push up! The RSI has just crossed the 50. mark indicating an uptrend and isn't very close to the overbought area! The Stoch RSI same thing we are flying up and still only around the midway point. Now the MACD is probably the most bullish Indicator on here, we are about to see a potential Golden cross and big push from the bulls! We will follow BTC but both are looking very bullish and i think we are going to see a strong April! NFA just my opinion!
COINBASE:LTCUSDLong
by JacobR905
2
Update on LTC mirror chartA little bit ago i posted my predictions/ Mirror chart for Litecoin and have let some candles catch up to see how it was playing out. I noticed that we are actually almost perfectly following the mirrored candles but not at the same price levels we are actually following the pattern above previous price action. So if we continue to see this play out our huge move up should be even bigger than expected! i believe when we start seeing that run up we are going to fly past 250 resistance and continue upwards creating more support and higher highs. Our Macd is looking super bullish and seems to be lining up with our next big move perfectly. Also ichimoku cloud is printing higher support and moving up aswell as our EMA ribbons looking to push back upwards! Not financial advice just my opinion
COINBASE:LTCUSDLong
by JacobR905
1
LITECOIN (LTCUSDT/LTCBTC) Long&Short Trade Setups 2021/03/11Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $190-192 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Short Trade Setup #1: Retest and Continuation (61.8Fib) 1. Price Action: Price needs to move back up to the 61.8Fib @ $211 and bounce back down. 2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
by cryptotraderog
10
LTC/USDT - the wake up of the Litecoin - potential 61% movementHello, Traders! The asset has entered an uptrend. The RSI on the daily timeframe got out of the overbought zone. Consequently, we can expect a final wave of growth. The entry in this wave of purchases can be looked for in the range of $ 190-200. Place SL near under the price level of $165 Target prices will be Fibo levels: $221 $235 $272 $309 Good luck and watch out for the market! P.S. This is not a piece of financial advice but only a trade I would be following myself
Long
by UnknownUnicorn10064030
Will litecoin finally make an advance?I have been posting on litecoin holding support for the entire month. Price enters the support zone, bounces, then seems to re-enter a week later. Is the third time a charm? The price action has looked very similar to bitcoin... Not sure is that's good or bad but both are bullish trend still so until that changes my bias still remains bullish. Maybe the most recent trendline break will mark a bigger turn upward. Anyone have any ideas for the range/consolidation behavior?
BITFINEX:LTCUSD
by IngenuityTrading
1
LTC-4h. Loss range $147-153 and target $100.The euphoria in the LTC market did not live up to investors' expectations. Breaking the global mark of $145 up gave the price a great chance to continue to rise to $220. However, the sharp fall in the price of BTC significantly adjusted the plans. As a result, the LTC price broke the bottom trend line of the channel in which it traded from December 11. The main buyer support was in the range of $148-153. At the moment, this range is under the control of sellers. If buyers fail to regain control of this range in the near future - this will be a serious signal to sellers to continue to fall actively. The main target of this scenario is $100. Another signal for the continued decline in the LTC market will be the continued decline in the price of BTC and breaking the $33,000 mark. Consolidating the LTC price above $153 will give buyers a chance to test the $173-180 range . We will closely monitor the movement of the LTC price and update the idea when the price chooses its scenario. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
17
To the moon with full powerFrom the Bitcoin family, Litecoin is a digital asset token of the Litecoin network that can surprise everyone. My only complaint is that I own the least of this token. In the weekly chart, and according to the wave counting, the price is in the 5th wave of the uptrend, according to the Fibonacci ratio in wave 5, this uptrend can be extended up to the target of $ 1688. (Weekly Chart) The price is in the 5th wave from the sub-waves of the 3rd wave, in which the price has the largest movements as usual. As you see, the daily chart is totally clear, there is the possibility that the first wave from the 3rd point ends in the range of $ 438. In continuation, I expect the advent of a strong uptrend, initially for the target of $ 597 and finally the target of $ 1600.
COINBASE:LTCUSDLong
by NirmataFX
1
LITECOIN - Intraday Update - 12/11/20 (Short-term) LITECOIN - Intraday Update - 12/11/20 (Short-term) Outlook : Expecting LITECOIN to recapture its $93.159 high and beyond. Breaking above $86.970 ; is the next upside objective for the bulls. (Fist a Bullish Evidence) Analysis : The break above $93.159 signals the second wave consolidation is complete, and the move puts LITECOIN back on track to challenge the next upside hurdle. The bulls are in control while $64.602 - - stays intact as support. Bottom Line : A third wave rally is in its early stages. Subdividing higher within wave iii of (iii) Note: Prices can vary between LITECOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
BITFINEX:LTCUSDLong
by ferGOD
1
LTCUSD another short-term pullback before the next rally to $200Hi friends, hope you are well and welcome to the new update on Litecoin. The price action has bounced from the trend-line support: In previous article we have seen that the litecoin was moving down to the support of an up-trend line and this trend line is formed since 20 Oct 2020. And we were expecting a bounce from this trendline after this pullback. Now finally the price action has taken another bullish divergence after reaching at this support. Another successful harmonic move: In the meanwhile, I also shared another chart with you on 9 Dec, where I told you that the price acton of LTC is completing BAT pattern on small time period 4-hour chart. Now the priceline also has taken bullish divergence from the potential reversal zone of this pattern. Good supports of moving averages: Currently on daily chart, the pricelne of Litecoin has strong supports of 50, 100 and 200 simple moving averages. After current pullback, the price action has also used 50 simple moving average support to move up. At the moment the price action has bounced successfully from the 50 SMA and breaking out the 25 simple moving avearege. A symmetrical triangle and an expected short-term pullback: On daily chart, the price action has formed another symmetrical triangle. At the moment the price action is at the end of this pattern and likely to move down to re-test the support of this triangle after getting rejected by the resistance. There is also good support of 50 simple moving average below this pattern. Therefore, we can expect a breakout after a pullback to $75. Long-term support and resistance levels: On the long-term weekly chart, different support and resistance levels can be seen. At the moment the price action has the support at $60 and recently rejected by $90. After $90 the $100 can be also another psychological resistance. Then the next resistance levels can be found at $110, $140, $170, and then $230. However, the $200 can be another big psychological resistance level. Conclusion: Litecoin has very good supports of simple moving averages and the support of the triangle as well. There can be another short-term rally to the downside upto $75 to re-test the support. In long-term, there are no significant resistance levels after $90 and $100. Therefore once the priceline will manage to cross the $100 level, then in a very short time it can reach to breakout $200 resistance as well.
COINBASE:LTCUSD
by moon333
1
LITECOIN - Intraday Update - 12/09/20 (Short-term) LITECOIN - Intraday Update - 12/09/20 (Short-term) Outlook : Expecting LITECOIN to recapture its $93.00 high and beyond. Breaking above $86.89 is the next upside objective for the bulls. (Fist a Bullish Evidence) Analysis : The break above $93.00 signals the second wave consolidation is complete, and the move puts LITECOIN back on track to challenge the next upside hurdle. The bulls are in control while $64.30 - Wave ii - stays intact as support. Bottom Line : A third wave rally is in its early stages. Subdividing higher within wave iii of (iii) Note : Prices can vary between LITECOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
COINBASE:LTCUSDLong
by ferGOD
LTC 12h. We wait $43.6-45.35 to buy. LTC buyers showed themselves pretty well over the past 10 days. In the previous idea , we wrote about the open interest in this coin. Today these words are only confirmed by the chart. We have noticed the accumulation of long positions and believe that it will be realized in the near future. Sellers were not only prevented from breaking the critical point $44.5 . Their strength was not even enough to touch this mark. LTC price continues to move in the local channel from 21 September. The level $51.49 could hold back buyers and give sellers a chance to counterattack. However, considering how this coin is kept, the maximum where the price will be allowed to fall is the range $43.6-45.35. In this range, we would gladly buy LTC with a target $61. ___________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Long
by P_S_trade
4
Litecoin's Sign of Strength is Near - Buy (Wyckoff Idea)The 30 Min Litcoin Chart from the previous fall looks very similar to a Wyckoff Accumulation Schematic. These Schematics Can be found on any time frame. I have marked every point that you would see in a Wyckoff chart. We're jjust waiting on the sign of strength to "jump across the creek" Maybe have a little shake out before the distribution continues. We're at discount prices, the volume continues to gte lower and lower. Find a dip and go long. Any Wyckoffian's out there have any input? COINBASE:LTCUSD
KRAKEN:LTCUSDLong
by BodiesXWix
1
LTC/BTC LONG*Disclaimer* This is just my personal opinion on the market. Please due diligence before investing in highly speculative assets. Not financial advice. With BTC reaching heavy resistance, we are starting to see a lot of money flow back into altcoins. Litecoin's RSI is currently trending upwards towards the mid-level which has formed a weak bullish divergence. Stock RSI also trending upwards. A weekly close above the moving average will likely bring in the necessary volume to move up quickly. Feel free to follow me on my Twitter for the latest updates @psychedcypto, I actually entered LTC a couple of weeks ago but decided to post it on here as well since it began playing out excellently. If this benefitted you please consider leaving a like and following for more to come soon. Cheers, PsychedCrypto
Long
by PsychedCrypto