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Litecoinsignal

Litecoin Technical AnalysisFxNews —Litecoin is on the verge of forming a double-bottom pattern on the 4-hour chart. From a technical perspective, the uptrend would resume if LTC/USD closes above the immediate resistance at $69.00. In this scenario, the next bullish targets could be $71.30, followed by $72.80. Conversely, if bears push Litecoin below the critical support at $67.00, the downtrend would resume. If this scenario unfolds, the next bearish target could be the $65.40 support.
COINBASE:LTCUSD
by FxNews-me
LTC targetsHere we go, my targets for Litecoin. One of my favourite TA educators and analyst (CryptoBirb) is very bullish on it sets the target to 1500-2000 dollars. However, I have to disagree. Although I am bullish on it, my targets are more conservative, with 629 as most likely and 846 as the final target. This is considering the current speed, breadth, Elliott wave channel from waves 2 and 4, with 3 as the top and using the different forecasting techniques and the possible breakout target of the ATH. Let's see who will get it right. FOLLOW ME, SHARE, LIKE AND COMMENT
Long
by CFcryptoTA
2
Litecoin LTC - Continues to melt under a death crossIt is hard to see historically a quick recovery under the strength of a daily death cross. Litecoin has that to deal with and then some. It tried to go over resistance (The green trendline) in a very weak way but both the resistance and trendline meet right where it tried to pop up and when two resistance lines meet the likelihood of a drop is very strong. As we all know LTC is highly dependant on what Bitcoin is doing and there are only a few scenarios; If BTC is going down, LTC will also go down. If BTC goes up LTC may or may not go up. If BTC ranges, LTC may go up or down. BTC is now ranging and LTC is going down, why? Because of the daily cross which is what a lot of alts are about to face or are facing. This is another variable that may push LTC down further a death cross on the 12H for Bitcoin, a light move down in price and that death cross will push a lot of alts down. Yet another thing that's worth noting is that after the up move BTC did not clear the secondary trendline in the 3D timeframe which was a must. Now it finds itself struggling to go over or simply hang on. I want to be clear on this; IT IS TIME TO JUMP INTO ALTS BUT NOT INTO BTC. You should already be into ETH, BNB, NEO, and LTC. I gave you the signals in the previous days. BTC is looking to go further down, it almost needs to in order to have a healthy move up. It has to go to the 61.8 of the 2019 move which is around 7k. Keep in mind it may just be a quick wick that reaches down to 7K so you have to be ready to jump into BTC or any alts at that point. THE TREND: Going down. THE OUTLOOK: Safe to get in now. Be safe and follow me to stay ahead of the curve.
Long
by cryptoGats
Litecoin Bulls is on FIREAfter a significant pullback across the whole crypto market, Litecoin bulls didn’t need long to prove they are still strong. Litecoin saw 7% gains yesterday and another 7% today, trading right now at $119 after the low of $97 just 3 days ago. Not all the coins have done the same and Litecoin has diverged once again from the herd. Bitcoin is seeing some significant gains but not to the level of Litecoin. Looking at the weekly chart, Litecoin has now formed a very strong bullish hammer candlestick which shows a lot of strength for the bulls. The key difference between Litecoin and the others is that LTC has already consolidated in the weekly chart. On April 8 Litecoin suffered 3 weeks in a row of consolidation. This is one of the main reasons that Litecoin could easily break the 2019 high and continue much further compared to the other coins. Bitcoin and others still need some consolidation eventually, even if this weekly candlestick turns out to be a hammer candlestick. Litecoin overtook EOS and Bcash at the same time on CMC and it’s now number 4 by market cap. Halving is also getting closer which could boost the bull move even further.
BITFINEX:LTCUSD
by WhaleAgents
1