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Litecoinforecast

LTC - THIS INDICATOR says SELL 🤔📉Hi Traders, Investors and Speculators of Charts📈 Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1. According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the second impulse wave (2-3) only AFTER the BTC halving, which is set to happen in April. So far, we've seen a correction / pullback across all crypto's. BTC corrected from 48k to 41K and now hovering around FWB:42K where it has found support. But across most altcoins, the bears are controlling the lower timeframes. HOWEVER - this is a great opportunity to get in at lower prices before the second impulse wave starts. The second impulse wave is know to be the biggest one, with the biggest increase - and that's what we're looking forward to after this correction is over. For the short term though as pointed out, I'm expecting LTC to trade range or perhaps even slightly lower. This is a great re-accumulation zone, incase you missed the first one. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the market s. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:LTCUSD.P BINANCE:LTCUSDT COINBASE:LTCUSD
Short
by CryptoCheck-
4
Litecoin - Are you a Bob -Trader ?Hi Traders, Investors and Speculators of the Charts 📈📉 The continues market cycle between Bitcoin and altcoins can clearly be seen at the moment. It goes something like this: 🤩 Bitcoin goes UP ... Bob Fomo buys the rally 🤔 Bitcoin corrects ... Bob panics and sells 🤑 Altcoin rallies ... Bob thinks, screw BTC, I'm going all in on this altcoin 😨 Altcoins correct ... Bob panics. Altcoins are scams! Sells everything 🤩 Bitcoin goes up .... Bob Fomo buys the rally Moral of the story... Don't be like Bob. Don't try to FOMO in whilst the price is going up. Plan your trade, preset your TP and SL. Interested in another alt with massive upside potential? Here's a low risk high reward setup on LINKUSDT : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
16
LTC LONG !!!LTC is right now looking so strong... Basically : 1 - Just broke out of a falling wedge that tells us that it should now take more than $190 from the breaking point 2 - Big Hidden Bullish Divergence that tells us that LTC is going to the $270 (from 158 to 214 = $56 to add to $214) => $270 3 - $270 is a big higher high in our new bullish trend that corresponds to a older high that wasn't tested since January 12 when we were bear. If we do pass the $270 wall, we can expect to make a big jump up. I would be careful though and expect that we won't pass it. So what I advice is to place a sell in that zone so if it bumps against it and not pass it, then big profits will be done. We should expect it not to pass it the first time it tests it.
COINBASE:LTCUSDLong
by Tradingdeed
4