Litecoinchart
LTC Litecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin (LTCUSD).
The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Litecoin.
Included in the chart: Trendline, Support and Resistance Lines, Ichimoku Cloud, VPVR ( Volume Profile Visible Range), EMA Ribbons, Volume , Descending Wedge, RSI, MFI (Money Flow Index), Trend Analysis.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Update: Ltcusdt making symmetrical triangle as well Hi recently i posted an idea on ltcusdt as it has broken it's downtrend and now making it's approach to break the resistance to make it's ath. Now in it's upward trend it is also making symmetrical triangle on 2h chart so we are near to break the resistance and move upward more
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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!
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$USD. We broke out of the ascending triangle with force and it definitely feels like LTC is going to show everyone what its capable of in this alt season bull market!! We see the zero lag MacD has crossed bearish but i think itll be for a short period, even if we do get pulled down i'm confident we will still close today above the 0.7 FIB! Also the ichimoku cloud is starting to print some green support. i believe we are going to see LTC start to take off soon enough smashing through that heavy resistance and keep heading up! Not financial advice just my opinion!
LTCUSD - Double Death CrossThe SMA 50 and 200 are crossing, so do the EMA 50 and 200. Let's call it a double death cross. Good night.
Plus the current H&S on LTCUSD the target we should reach is 40$ at some point. The H&S on LTCBTC should also kill LTC. (look at my recent post LTCBTC) Hasta la vista!
Happy trading!