Litecoin / Bitcoin - The Heavens Await ( Long )After the down move we see the reversal and push back up over 0.0075 range.
Small sideways action over the evening but broke out as expected.
Expect larger moves to the up-side while bitcoin comes back to meet the trend line.
Target zone 0.0089 - 0.0095 range.
Target time ( 10 / 15 days )
Look for re-entry zones ( 0.007550 - 0.007680)
Litecoinbitcoin
LTC Long Opportunity (Super Support)Hi guys its Brian here with a long opportunity for Litecoin (LTC)
As you can see from the chart, LTC recently just bounced off a super strong support as shown by the green circled areas.
LTC has had 2 previous green days and if the support holds, I think we are headed upwards either in the near future or perhaps some consolidation before moving higher.
Stop loss can be placed below the support and I have identified 3 good areas to take profit, labeled as TP1, TP2 and TP3
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Litecoin ( LTC/BTC ) Buy ZoneAfter the FUD by bloomberg in this news post we saw a large sell off in the LTC market with more short's pushing on the downtrend.
Looking back at Litecoin and bitcoin's past after halving events we see this sharp move to the downside followed by a parabolic move back to the upside.
Bloomberg : Search term crypto-hype-over-halving-leaves-litecoin-owners-holding-the-bag
** Great way to get some more cheap litecoin if you ask me**
Buy zone 0.007- range.
Sell Zone 0.009+ range.
Expect a sharp move to the upside once the Bitcoin price starts to fall back the re-buy into litcoin should give a good push back over the 0.08+ range.
LTC/BTC - Monitoring the 1D ChartLitecoin doesn't make a lot of sense to Bitcoin fans, and is seen as some kind of 'regular cola' imitation thing.
But it's friendly image, attractive price and pole position on Coinbase makes it popular with the dumb, unthinking first time gamblers who waddle in to the crypto casino.
For that reason I want to keep an eye on it while we wait for an (inevitable!) resurgence in altcoins.
Will update this regularly with thoughts on how it develops. Expect a relief bounce at one of the old support levels that are detailed with the blue lines.
Litecoin LTC Elliot Wave AnalysisHello Traders,
I am looking at Litecoin LTC from an Elliot Wave perspective in this analysis. From my count LTC has started its main wave 5. Price looks to have completed 5 waves up to make primary wave 1, we are now inside primary wave 2 retrace. I am expecting to see an ABC or ABCDE type retrace to the area marked in red. This area coincides with the weekly 50 and 200 MA's.
LTC to 47 USD : bearish Scenario : a must keep in mind scenariohey guys, in this analysis I'm bringing you litecoin `s bearish scenario just to keep it in mind since 95% of the analysts out there are screaming " moon moon moon "
Since I'm too lazy lol I decided to explain everything on the chart. please take your time to understand my point, thanks in ADVANCE.
Nothing I'm sharing over here is a financial advice.. its all my opinion and you're 100% in control of your assets. PEACE
PS : you can check my youtube channel over here www.youtube.com
Why Litecoin will go up?LTCBTC will go up because of halving - this is very strong fundamental
What is Litecoin Halving?
Litecoin Halving is the event where the number of generated Litecoin rewards per block will be halved (divided by 2).
The total number of Litecoin mined by miners per block will reduce from 25 to 12.5 LTC in the next litecoin halving.
The number of litecoin found per block will become more scarce and this halving reward ensures that litecoin total supply will reach 84 million.
www.litecoinblockhalf.com
This is one of the coins I use to pay for services or goods. that's why this coin is very popular and after halving the demand will be even greater
LITECOIN BULLS Needs to See ThisWe called the Bottom at 23rd of March in our previous video:
If you would like to see more videos like this, f eel free to like or comment below this video.
Litecoin has an halving event on the 5-6 of August which is around 9 days.
Do you think Litecoin/USD will see a higher high this year?
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LTC day chart reviewOne of the most promissing alts, among all the shitcoin parade, that has nice fundamentals for growth. Only 16 days left till halving. Lets take a look at day chart.
Price already bounced from month support at ~9140 and now trying to breakout day SR and then week resistance at ~9666. Resistance at 10000 already rejected price once, so we may assume next target will be 10500. At 1H chart bullflag is nearly ready.
If LTC fails to breakout bullflag now, it will drop to 8800 week support. Unlikely scenario, but have a buy order there as well, as it will be a fast spike down and up again.
LTC WILL GO CRAZY IN THE COMING TIME! (HODL)-Halving pump very soon.
-Expected sell off- Mid to End July
-You can HODL till before halving, sell then buy back for long term HODL.
OR
-Just keep HODLING to around 1,500 USD for a longer period till about next year.
LTC is about to go ballistic, keep stacking it along with Bitcoin. You will remember this. :)
LTC long ideaLTC long idea.
Buy 0.0076-0.0081 (daily 1D bullish OB)
T1: 0.0105 (1st 1D bearish OB)
T2: 0.0115 (2nd 1D bearish OB)
T3: 0.0142 (3rd 1D bearish OB)
Reasoning:
C wave in a larger WXY correction.
C wave is a zigzag 5-3-5 correction with an extended 1st wave correction.
1D bullish OB in the green box.
there is 1 below it at 0.0071 which may also be a target. but since the USD version of LTC looks bullish af, i don't think we'll hit thta.
Simple bullish divergence appearing on the RSI, slow and fast oscillators over 14 periods. medium strength signal.
LTC ready to bounce here! LTC has dropped considerably recently but it has just broke above resistance and could be set up to rise to previous POC
Waiting for a daily close above this level is recommended for confirmation but it is looking good with OBV making a HL while price continued to make a LL
With the halvening coming up and the NFL news today, LTC isn't looking as bad as everyone says
LTCBTC completed the gartley | Upto 78 percent profit expectedBy the grace of Allah the most high my previous idea of LTCBTC:
Generated more than 32 percent profit.
Now the price action has completed a bullish gartley pattern.
We can see the price action is also in a wedge and it has hit the wedge's support.
The volume profit is showing a very weak interest of traders at this area.
We have also a 50MA support on week chart withing the potential reversal zone which will be very helpful for price action to hit the sell targets soon insha Allah.
The targets are:
Buy between: 0.011490 to 0.009465
Sell between: 0.013084 to 0.016912
Regards,
Atif Akbar (moon333)