💥LTC CUP & HANDLE- TARGET AT $400-$700Please support this idea with a LIKE👍 if you find it useful🥳
Here is the weekly timeframe of Litecoin. As seen here, we have a possible cup and handle pattern on the chart with resistance at $384.
If price break this cup and handle neckline upward, then I expect a rise to $400, $500, $600 and $700 as the profit levels.
What do you think?
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Litecoinforecast
Litecoin Update!!As predicted Litecoin has been going vertical slicing through some major resistance levels like 222$ and even more importantly the 247$-250$ resistance level that we have struggled with in the past. We have wicked all the way past the 0.6 FIB level all the way to just over 300$ (USD) we are currently seeing a little downwards pressure but nothing to serious and we are holding onto that 0.5 FIB level, we gotta hold this for our daily close tonight and if we do for the second time in 2 days we are looking very bullish. We have been flying up the top bollinger band pretty explosively and if we do see this bullish close tonight i think there is a strong chance that we are actually going to continue climbing up here! We are all around very bullish right now! The MACD looks great we are seeing some big separation in the MA's which is a very good sign and something we want to see continue, this allows us to have some downside or a bit of a cooloff without triggering a bearish cross, also shows the bulls momentum is rising! Same thing with the histogram we are seeing steady increases in each daily green bar which is a good sign for our momentum and this is something we wanna see continue going forward, once we start to see a decline or the histogram starting to flatten out it opens the door for a likely bear cross. Now the squeeze momentum indicator, we we're just recently coming out of a bullish cycle with out bar reaching the midline but we have onceer again activated a new bullish squeeze and currently we are seeing our squeeze release shown by the black crosses turning white, and this is the most explosive part on this indicator and this squeeze release could potentially continue on for the next few days, which would be great! Overall super bullish on LTC it is a great project/coin and i think we definitely have some big upside, i do think at some point sooner than later we should expect a little cooloff with a few days of red action, this would be totally normal and actually a healthy thing for price action and our overall structure, but for right now i think we are going to keep climbing and especially with BTC dominance slowly falling once again! Not financial advice just my opinion!
LITECOINAnalysts have noted capital rotation from Bitcoin to Litecoin markets as LTC continues upward climb.
88% of wallet addresses holding Litecoin are currently profitable based on IntoTheBlock data.
Litecoin has offered the third-highest risk-adjusted returns over the past 24 hours.
A renowned analyst has projected that LTC price is likely to retest $395 on account of its expanding volume.
Litecoin Breakout!!LTC has started to move to the upside after having a period of sideways movement as seen by the horizontal yellow rays, we have broken out of this sideways channel which could also be looked at as a bullish triangle which ive also drawn in, another crucial level we have taken out well looking like we will take out (have to wait for daily close at 8PM EST) is the R1 resistance level which is very bullish, we could've gotten rejected off of this level but Litecoin is showing some strength pushing through, a close above here will open the door for a push up to the 222$ resistance level, pretty heavy resistance but with some good momentum we should be able to push through, also on todays candle we have wicked up and above this level which is already weakening the level. 1 more near term target is the resistance at 247$-250$ level, we historically have had some problems getting up and above this level but with the upcoming surge in the markets im sure this is on the table. Something very bullish coming from the bollinger bands is we are directly ontop of the top band, and if we see a daily close up here we could see an explosive ride up the top band very likely bringing us to that 247$ level. Now lets look at the MACD, we are looking alright here we just had a bullish cross but i would definitely like to see some more bullish action to confirm this. we had a 1 day bear cross just before this bullish cross, we had a red bar right before todays bar, we want to see increasing green bars indicating a rise in bullish momentum, if we continue to stay flat or decrease we would be looking at another bear cross, another key thing i want to see is that Blue MA start to really take off from the orange MA, we need to see some separation or we risk a bear cross off of a small sharp downside move from price action, having good spread in the MA's lessens the chance of having a near term bearish cross and it also allows price action to have some room to go down for a couple days without triggering a bear cross! Not financial advice just my opinion!
#LTC Litecoin 1M LOG Chart - 10XCould a 10X still be in the cards for Litecoin LTC?
I put together a 1M LOG Chart for LTC and assumed the double bottom breakout in the works. The 478% calculation brings the fib level to 2.618 almost perfectly. Of course this is an assumption but I can't rule this out.
What are your thoughts? Comment below and hit the like please. Thank you!
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 #bitcoin #altcoins
Litecoin set for a big run!!?Litecoin has been rebounding very nicely recently taking out the 0.2 FIB at 177.55 and the crucial pivot point which we have held for the past few days. This level is very important because it signals a turn around in the market and by holding above here we can expect to see some upside, we don't want to breakdown and fall below so keep an eye on this level. We are currently facing resistance as im writing this and our next significant points of resistance after taking this level out would be the R2 resistance at 218 and then heavy resistance shortly after at 220$ finally the last heavy point of resistance we will talk about today is the 247$ which we always seem to struggle with, if we can successfully take this level out we are looking very very bullish! Now check out the bollinger bands, as you guys can see just today we are starting to grab onto that top band which is always a great sign, if we can continue doing so we will be looking at a big rally riding up the top band taking out key resistance levels on the way! Another thing i should point out is the bollinger bands are beginning to squeeze on price action and the more we see this happen and the tighter they get the bigger explosive move, now the BB doesnt signal which way this move is headed but i would say we are looking at the upside. Now something that looks very positive on the MACD is if you look at the histogram we were in a steady decline going towards the midline but today we have rebounded and actually have created a bigger green bar then yesterday, this could be the start of another bullish rally on the MACD it shows bull momentum is increasing and if we see this continue to play out we are going to see some nice upside follow, aswell the MA's specifically the blue MA is starting to gain more separation on the orange MA, this is always a positive sign because the more we separate the less likely we are to see a near term bearish cross, even if we were to have a couple red days. Seeing the Blue MA head to the upside and the orange continue to be flat and move sideways shows that we for sure could be set on another bullish rally! Not financial advice just my opinion!
Key moment for LTC/USDT soon!Looking at the chart, we can see that Litecoin is due to a breakout...either to the upside, or downside.... Although, by looking at the MACD and RSI, we can conclude it has more chances of going upwards than down due to having positiving momentum and being on a bullish-level on the RSI as of right now.
Litecoin- buy trade with GREAT R:RSince 6th September Litecoin is trading in a huge falling wedge
The last 3 lows are marginal, indicating the lack of power from the bears
At this moment LtcUsd is trading exactly in resistance and a break looks imminent
The target for a long trade can be 230 recent high, giving us a R:R of more than 1:4
LTCUSDT Daily TimeframeSNIPER STRATEGY
It works ALMOST ON ANY CHART but the BEST CHARTS are stocks then other charts.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
IT CAN NOT PREDICT pullbacks or bounce backs of the price, so I strongly warn you:
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING, IT CAN MAKES YOU LIQUID EASILY.
Does it give FALSE SIGNALS?
Like any other strategy out there yes it might give false signals but the actual WIN RATE is really high and pretty impressive and it is obvious that weak signals are more likely to be false but even weak signals have really good win rates.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe above three minutes.
Consider those points and you will have a huge advantage in the market.
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It can predict possible target and also give you almost exact buy or sell time on the spot.
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HADIMOZAYAN
LTC, Litecoin - price is trying to break local support😯The whole market looks like it is going to go even lower. Litecoin is now near the support level of $170.8.Before that, LTC broke the trend line and tested as resistance. After that, we saw a decline in price. The price has already tested the $170.8 level several times, with each test weakening the level. Now, if the price breaks this level and tests it as resistance, it is very likely to fall to the lower liquidity zone.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Large accumulation rateIf you use a simple technical analysis of the price, you will notice that between the prices 187 and 169 (approximately) a flat channel has formed, which lasts a whole month.
All that is included in the accumulation is the already completed trades of traders and limit orders, which, sooner or later, will break the price in one direction, outside the channel.
As I showed on the price chart, the best solution is to wait for a test of one of the accumulation levels and start opening positions.
Litecoin looking for a breakout against BTC!Litecoin has been really struggling as of late with us continuing to push down following this descending channel, one positive we have seen is that we have broken up into the upper half of the channel, but we still can't seem to breakout! We could be looking at a breakout sooner than later, looking at the bollinger bands we seem to be also stuck underneath the midline which as of right now acts as resistance, if we are going to move anywhere to the upside we need to see a strong push above this level and sort of target that top band so we can take it for a ride upwards. The MACD looks to be coming to an end of this current bearish cycle we see the blue MA pushing upwards looking for that bullish cross, i figure we will see this in the next couple days but we have to watch for a healthy histogram and healthy separation in the MA's! The Wavetrend aswell seems to be coming out of its little bearish cycle, we are seeing the wave starting to push back up, but we definitely still have some work to do like making sure we can fully cross that midline without any hold ups! Overall looking pretty good for LTC which tends to lag behind the rest of the market, looking for a breakout in the coming days/weeks! Not financial advice just my opinion!
LITECOIN short term update... Folks,
When looking at the short term chart of Litecoin we see a major resistance level is being reached..
It has been rejected 5 times before and what are the odds to break it today ??
I am very interested in Litecoin still for the longer term.. but I have to wait patiently for a nice setup to entry the market..
What I hope for is a major correction in the crypto to pull back at $39K/$40K bitcoin.. So we can buy in more and more...
💥LITECOIN BUY SETUP TO $175Please support this idea with a LIKE👍 if you find it useful🥳
Buy level - $150 - $153
Stop loss - $139
Take profit - $175
Right here is a double bottom W pattern formation on LITECOIN.
Fortunately, neckline breakout and retest has completed it's formation. It's time for LITECOIN to long to it's target at $175.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
LTC Big Move Coming??!looking at the Litecoin BTC chart and you notice a lot of price action against this downtrend support/resistance, we are currently right on this resistance and we seem to be slipping below this level, now i think we could see a potential drop in sats, we gotta be careful treading along the bottom of the bollinger bands, this could very well induce a pullback if we continue to ride the bottom. Something you notice on the bollinger bands is that we are beginning to squeeze which means volatility is shrinking and we could be in for a big run, now the only problem is that we don't get an idea of which direction, personally i think we will see the move to the upside just based on the fact that the market is waking up again and getting back into bullish mode. Looking at the pivot points we definitely have some work to do, we need to get up and above this bullish pivot point where we could get an overall trend reversal because its clear we are stuck in a downtrend since late May. Checking out the MACD we are looking a little bearish, we are coming up soon on what looks like a bearish cross unless we see an unlikely bounce, our histogram is getting close to that midpoint where we could soon see some red bars, i think this will likely be a short term pullback if we see one and then i imagine we will see LTC start to wake up a bit, very key is first of all reaching that pivot point and staying above that and also not getting stuck under this downtrend resistance! Not financial advice just my opinion!
Litecoin 💥🚀🌚⚡ #Litecoin $LitecoinIt has been a few days since LightQueen Trend broke its 67-day bearish trend and started moving towards its price targets. The price targets and their resistances are plotted on the chart. The resistance between the price of 255 and 260 is very strong and it is important to break and stabilize it.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
#DYOR
INVERTED HEAD AND SHOULDERS @ LITECOINFolks,
Morning we see a Inverted head and shoulders on the 4 hour lite coin chart. Getting excited now..
The overall trend is bullish but for a good buying opportunity you have to be a little patient.
I want to see price rebound at retest $147.- or maybe even lower to have a good buying opportunity!
While writing the recent candle is becoming a form of a shooting star at a ' high price area' / known as resistance.
But still 1.5 hour before new candle starts so everything can change, still.. but just to be aware..
It can be the start of a three river evening star pattern... Maybe ;)
To be continued!!
LtcUsd- And up we brokeIn yesterday's comment, I said that Litecoin is waiting for a trigger for breaking up.
With the new wave of optimism in the crypto market, LtcUsd has broken above 150 important resistance and I expect continuation.
As I said, my target is 200usd zone
150 is now support and, in my opinion, should be bought