Litecoin Continuation, ScallopThe curve is an example of an ascending scallop
Once price reaches horizontal levels (horizontal line near top of curve) a breakout upwards can occur
Included patterns and relevant trendlines
Litecoin is a good one, great to hold for a long time in a portfolio
This is the daily chart for litecoin
Litecoinlong
LTC on the verge of a 30% run!!Litecoin has been having amazing days recently with explosive moves up! We are currently sitting above the 1.6 FIB level and i think if we can hold this level and close todays daily above here we are looking even more bullish! we have little to no resistance holding us back and a move from our 1.6 to 2.6 FIB is aprx 31% and IMO very likely. We are starting to see the EMA ribbons push up and open carrying us with bullish momentum, remember litecoin in the past altseasons/ bull cycles has been one of the top performers and even outperformed bitcoin 1 year. Our zero lag MACD has been going sideways and reversing multiple times, as of right now we look bullish and we will want to see our Blue stay on top of the orange, the histogram is starting to print a few slight green bars and i'll want to see once again a hold and daily close above the 1.6 FIB and some bigger confirmed movement on the MACD. The RSI is overbought and starting to slightly come down a little bit, it would be ideal for us to get a good close tonight and then we could see our RSI come down and recover and us testing the top of the 1.6 FIB before we continue up. We could see a couple days of sideways action before our next move up. NFA just my opinion!
Litecoin $LTCUSD Long Term Target PTs 350-600 and higherLTC/USDT
Litecoin (LTC) flipped the breakout level at $246.96 into support on April 11 and 12. This reignited buying from the bulls and the altcoin resumed its uptrend on April 13. The next target objective to watch on the upside is $307.42.
The 20-day EMA ($227) is rising and the RSI is close to the overbought territory, suggesting the bulls are in command.
However, the long-legged Doji candlestick pattern today shows indecision among the bulls and the bears. If the price slips below $255, the LTC/USDT pair could drop to the $239 to $246.96 support zone.
A strong rebound off this zone will suggest the bulls are accumulating on dips while a break below it could drag the price down to the 20-day EMA.
ATH soon and than new ATHsWe'll test the ATH at 370 than maybe we'll have a small correction and if we break the ATH we'll have three targets for long term
715 (90%)
1062 (184%)
1322 (260%)
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BREAK STEREOTYPES, buy by rumor, sell by news!🙏Hello! Pay attention at LITECOIN!
It's not just a low-commission payment method! It's also a great way to make money😉
That's one of my favorite coins and takes a bulk of my portfolio!🤫
I have advised it many times, but I understand, that while it is not on hype, few people pay attention to it!
BREAK STEREOTYPES, buy by rumor, sell by news!🙏
Stay tuned by Rocket Bomb 🚀🚀
my previous advice👇
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!
Litecoin, LTC/USDT - go go goThe coin has been forming a triangle for over 2 months. I like to trade it. I expect for entry point after retest. Keep in mind this coin.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Update on LTC mirror chartA little bit ago i posted my predictions/ Mirror chart for Litecoin and have let some candles catch up to see how it was playing out. I noticed that we are actually almost perfectly following the mirrored candles but not at the same price levels we are actually following the pattern above previous price action. So if we continue to see this play out our huge move up should be even bigger than expected! i believe when we start seeing that run up we are going to fly past 250 resistance and continue upwards creating more support and higher highs. Our Macd is looking super bullish and seems to be lining up with our next big move perfectly. Also ichimoku cloud is printing higher support and moving up aswell as our EMA ribbons looking to push back upwards! Not financial advice just my opinion
Litecoin (LTCBTC/LTCUSDT) LONG 2021/03/04I just entered into a long for LTCBTC. Sharing my trade details.
Pair LTCBTC
Direction Long
Entry 0.003765
SL 0.003716
TP1 0.003782
TP2 0.003797
TP3 0.003809
TP4 0.003824
Signal Rating 3/5
Make sure to add a 0.1-0.2% buffer to prices given to avoid order clustering and stop loss hunt.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
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Litecoin Very BullishAn idea for Litecoin
Can see the comparison points on the RSI, clearly
What interests me most is the curve on RSI, may result in price forming a parabola (assumption)
Enjoying this new chart style, hope you do too
Above is a chart showing why I hodl hope for Degen coins, the same degeneracy Litecoin showed early on
Litecoin Long Idea LTCUSDIdea for LTC
Similarities can be seen within 2.618, this may lead to a very sharp movement up (c)
A move like this would smash the fib ring of 2.618
Two point comparison
Areas in green circles or ovals are support areas, red circles / ovals are resistance areas
Fib waves Idea attached which I think is relative to the movement within 2.618