Litecoinforecast
LITECOIN-Battle between active and shadow area🎉 Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
LTCUSD
Is trading within a triangle pattern and its about to break the triangle pattern in coming days as in recent days most of the crypto currencies are trading within a confined range. LTCUSD is currently trading above the.382 Fibonacci level and around key price action level where we can expect some resistance to the bull.
50.305 area is acted as both support and resistance for the past 08 months. If the bull want to remain in control it has to broke the key price action level.
If its happened then the next upside swing target would be around 64.00 is the place where we can see a previous left and right shoulder pattern was formed in the august month.
During the initial period of pandemic it has seen a massive sell off due to the lost in market confidence and the investors flew in to safety. From March 13 LITECOIN is in uptrend after this period the bear cannot take control.
If the Key price action level was broken then the next upside hurdle would be a .50 Fibonacci retracement level comes around 54.140.If LTCUSD managed to bruise through the shadow area we can expect massive upside or downside rally. But the current market condition is supporting the bullish rally
💌 Leave your valuable comments and suggestions related to this idea in the comment section.
Thanks for your time. Good day guys 💝
LTCUSD to see an uptrend(1D)! | Higher lows were observedMarket in last 1 week
LTCUSD saw an uptrend after getting support from lower band
Price volatility was very high. The market moved ~11.57%, between $4713 and $42.24
Today’s Trend analysis
LTCUSD expected to see an uptrend as the price was got support from lower band with higher lows being observed
Price at time of publishing: $46.01
LTC’s market cap: $3.02 Billion
Oscillator indicators are mostly neutral. RSI at 43 in the neutral region
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities
Volume indicators saw a decrease in recent candles except for a spike for each red and blue candle with the volume being less than 20-candle moving average
Price expected to see an uptrend as the price was got support from lower band with higher lows being observed. Most of the Oscillator indicators are neutral. MACD line crossed above the Signal line, histogram size increasing in the positive region. RSI at 43, in the neutral region below the midline. CCI at -32, in the neutral region with an upmove. Another interesting point to notice here is that the volume saw a decrease in recent candles except for a spike for each red and blue candle with the volume being less than 20-candle moving average indicating bearish volume weighted moving average.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Litecoin formed a ABCD bearish pattern!!! Huge MovementHello, in this analysis, in H4 timeframe Litecoin turn bearish and the market make a flow with the bearish sentiment continusly
We see that Litecoin is into this bearish channel formed from September on this year and then, we hope a short position pending to entry to pick down 2 targets that I show you in H1 timeframe.
As we formed an ABCD bearish pattern, we hope an entry in short position for Litecoin and for Ethereum too!!!
LITECOIN is trading within a falling channelLTCUSD
Is currently trading within a downward channel and the price action suggests that the upward momentum is slowing and we can expect sudden drop like one previously happened.
In longer timeframe Head and shoulder pattern is formed and felled towards 42.00 level
If the price move below the current level then the expected target level will be around 40.00
Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
LTC to see an uptrend(1D) | Lower band support with BB squeezeMarket in last 1 week
LTCUSD saw a downtrend and started riding the lower Bollinger band
Price volatility was very high. The market moved ~19.16%, between $49.62 and $41.64
Today’s Trend analysis
LTCUSD expected to see an uptrend as the price was trading between midline getting support from the lower band and lower band with Bollinger band expansion
Price at time of publishing: $44.52
LTC’s market cap: $2.91 Billion
Oscillator indicators are mostly neutral. RSI at 36 in the neutral region
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities
Volume indicators saw an increase as the price decreased and saw a decrease as price saw an uptrend indicating a strengthened selling pressure
Price expected to see an uptrend as the price was trading between midline and the lower band getting support from the lower band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, the histogram in the negative region. RSI at 36, in the neutral region below the midline. CCI at -176, in the oversold region indicating an uptrend. Another interesting point to notice here is that the volume saw an increase as the price decreased and saw a decrease as price saw an uptrend indicating a strengthened selling pressure
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
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
LTCUSD to see an uptrend(1D) | Bullish momentum observedMarket in last 1 week
LTCUSD saw a dwontend and started riding the lower Bollinger band
Price volatility was very high. The market moved ~16.15%, between $52.43 and $45.14
Today’s Trend analysis
LTCUSD expected to see an uptrend as the price was riding the lower band with getting support from lower band and Bollinger band expansion
Price at time of publishing: $48.6
LTC’s market cap: $3.17 Billion
Oscillator indicators are mostly neutral. RSI at 40 in the neutral region
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities
Volume indicators saw a decrease with low value for blue candles with a decrease in 20-candle moving average
Price expected to see an uptrend as the price was riding the lower band with getting support from lower band and Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line approaching from below the Signal line, histogram size decreasing in the negative region. RSI at 39, in the neutral region below the midline. CCI at -96, still in the neutral region with an upmove. Another interesting point to notice here is that the volume saw a decrease with low value for blue candles with a decrease in the 20-candle moving average indicating a shift from sellers to buyers.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to see a downtrend(1D) | Conversion line below baselineMarket in last 1 week
-LTCUSD saw a dwontend and an uptrend after that moving sideways
-Price volatility was very high. The market moved ~19.26%, between $64.38 and $53.98
Today’s Trend analysis
-LTCUSD expected to see a slight downtrend as it has rejected from the same level in past with the conversion line below the baseline
-Price at time of publishing: $62.9
-LTC’s market cap: $4.11 Billion
-Oscillator indicators are mostly neutral. RSI at 57 in the neutral region
-Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities
-Volume indicators saw ups and downs with blue and red candles respectively
Priceexpected to see a slight downtrend as it has rejected from the same level in past with the conversion line below the baseline. Most of the Oscillator indicators are neutral. MACD line approaching from below the Signal line, histogram size decreasing in the negative region. RSI at 57, in the neutral region above the midline. CCI at 54, still in the neutral region with a slight upmove. Another interesting point to notice here is that the volume saw ups and downs with blue and red candles respectively suggesting a weak selling pressure.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to move sideways (1D) | Support from midlineMarket in last 1 week
-LTCUSD saw a downtrend and moved below the midline
-Price volatility was very high. The market moved ~12.78%, between $63.87 and $56.63
Today’s Trend analysis
-LTCUSD expected to move sideways as the price after getting rejected from upper band got support from midline
-Price at time of publishing: $58.6
-LTC’s market cap: $3.83 Billion
-Oscillator indicators are mostly neutral. RSI at 50 in the neutral region
-Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities
-Volume indicators saw a similar value of volume traded in the recent candles
Price expected to move sideways as the price after getting rejected from upper band got support from midline. Most of the Oscillator indicators are neutral. MACD line moving below the Signal line, histogram size increasing in the negative region. RSI at 50, in the neutral region around the midline. CCI at -30, still in the neutral region. Another interesting point to notice here is that the volume saw a similar value in the recent candles around 150k being below the 20-candle moving average which decreased from 293k to 259k.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to see a downtrend & uptrend after(1D) | High VolatilityMarket in last 1 week
-LTCUSD saw an uptrend after getting resistance from the Upper band
-Price volatility was very high. The market moved ~23.39%, between $69 and $55.92
Today’s Trend analysis
-LTCUSD expected to move downwards for a few candles and then see an uptrend thereafter
-Price at time of publishing: $62.62
-XRP’s market cap: $4.09 Billion
-Oscillator indicators are mostly neutral. RSI at 60 in the neutral region
-Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities
-Volume indicators saw an increase until the price reached a high and then decreased thereafter
Price expected to move downwards for a few candles and then see an uptrend thereafter. Most of the Oscillator indicators are neutral. Signal line approaching MACD from below, histogram size decreasing in the positive region. RSI at 60, in the neutral region from overbought region. CCI at -70, in the neutral region pulled back from overbought region. Another interesting point to notice here is that the 20-candle moving average decreased from 73.3k to 65.9k
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
LTCUSD to move sideways (1D) | Bollinger Band squeeze observedMarket in last 1 week
-LTCUSD saw a downtrend after a rejection from 61
-Price volatility was very high. The market moved ~17.75%, between $61.1 and $51.89
Today’s Trend analysis
-LTCUSD expected to see sideways movement as Bollinger Band squeezes
-Price at time of publishing: $54.33
-XRP’s market cap: $3.58 Billion
-Oscillator indicators are mostly neutral. RSI at 51 in the neutral region.
-Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral with the Hull MA indicating buying opportunities
-Volume indicators saw an increase in volume and after the spike volume eventually fell down
Price expected to move sideways as Bollinger Band squeezes. Most of the Oscillator indicators are neutral. MACD crossed below the signal, histogram size increasing in the negative region. RSI at 51, in the neutral region from overbought region. CCI at -54, in the neutral region decreasing downwards from last few candles. Another interesting point to notice here is that volume from 118.8k reached at a spike of 275k and fell down again at 119k.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Golden Cross of Litecoin ! #Litecoin #LTCHi guys, I know I have been mentioning Litecoin a lot in the past few analysis ,but I really see a Huge Potential here.
Lets keep it simple; EMA 20 is going to cross over MA50 very soon on 4hr time frame. When you look past the most recent month, there is about %10-%50 potential upside after this golden cross.
Make your own judgement. Some smart traders will join this ride pretty soon. Write this down my friends.
#Litecoin
COINBASE:LTCUSD BINANCE:LTCUSDT
LTC USD Could easily triple from here LitecoinAs long as LTC stays above 49 dollar I can see LTC easily triple from here. The chart pattern isn't that bullish, and it needs to crack the trendline with a higher high. But LTC will be pulled up as soon as Bitcoin will make new highs aswell. Therefore I expect LTC could easily triple in the coming months.
Litecoin lagging behind but impulsive wave will follow very soonLitecoin has broken the daily descending structure so no more downside IMO.So If we consolidate above the market and don't go back into the structure we are totally fine.
The probability of going upward is quite high compared to a downside option but we always stay cautious of the bitcoin move so if bitcoin doesn't ruin the show, Chances of Litecoin to make an impulsive move is very high, keeping in mind the last time bitcoin was above 10,000$, Litecoin was above 80$.
So A 100$ Litecoin is on cards.
Short term Targets are
70$
84$
120$ BINANCE:LTCUSDT
Looking for the next Link right ? Hey guys, those who followed my previous analysis made quite a lot of profit. Especially on the latest Link Bull Run.
Now we are looking for the next alt which will return similar size profits to us. When I check Litecoin chart, all technical analysis give sign for significant a bull run. Here are my thoughts below:
Super Trend is Long in the daily time frame,
The price is pushing up in 4hr time frame and about to break up the Ichimoku cloud
There is a clear flag formation in daily time frame and close above 58.5 USD will break this flag up
I expect a good bull run to new ATH after this break out.
BINANCE:LTCUSDT #Litecoin