Pre halving potential ROI for LITECOIN Today, I wanted to show similarities between the last halving and this one.
If we were to get the same ROI that we saw in 2015 and 2019, that we saw 6 months leading up to the halving, we could see a 200-300 LTC by the next halving 8-2023.
We closed above the POC, momentum is moving up.
The only thing I do not see yet is volume coming in.
I also do not know what LTC will do if BTC keeps tanking.
Let me know what you guys think and please like, comment and follow!
Thanks and God bless.
Litecoinhalving
Get Ready for 2023 LTC Halving Event NowNow is the time to get ready for the 2023 LTC halvening. You want to be way ahead of the herd, as this should be the big headlining event in the crypto space next year. Top to bottom last halving event was December to December. The crypto market is currently capitulating per my previous idea. Buy Zone is indicated in purple.
Date ranges and price drop percentages look to be pretty identical. Hold this bad boy for a year or so. Putting this one down for my own future reference.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
LTCUSD NEW ATH'S AHEADAs you can see in the chart, Litecoin is nearing the end of phase 4 of it's Elliot wave and will soon shoot up to phase 5, after which we will have a small correction(ABC) and then we shoot up straight from there as suggested by the fractal taken from it's Sep 2017 Breakout. I'll be Long at support($130-$139)
The fibonacci extentions are just to show correlation with entries and exits, as well as the horizontal trend support(s) and resistance(s).
The price target for this breakout will most likely be slated at about $1000-$1250(Phase 5 of the excluded portion of the Elliot wave). Sorry I can't show you the full chart otherwise it'd be clustered and I use a small screen. Anyways $540 will be where I plan to exit so I can at least show you that.
Also, the LTCBTC pair is nearing the end of it's falling wedge structure which would suggest a breakout is imminent.
Also big up @BTCINVESTING this trade idea was based solely on his Litecoin Halving analysis and is top tier imo.
Link to his chart is below.
LITECOIN PARABOLIC 0.025 LTC/BTCEnglish:
Litecoin is the sleeping giant. Starting in December Litecoin will start to rise quite a bit In the previous halving it has touched 0.025 LTC / BTC and a parabolic pattern has been created.
Litecoin may take longer to rise than other cryptocurrencies but it is inevitable that it will end up rising and when it does, you wish you were inside.
Español:
Litecoin es el gigante dormido. A partir de diciembre, Litecoin comenzará a subir bastante En halving anterior ya tocó 0.025 LTC / BTC y se ha creado un patrón parabólico.
Litecoin puede tardar más en subir que otras criptomonedas, pero es inevitable que termine subiendo y, cuando lo haga, desearía estar dentro.