Litecoinusd
LITECOINIf my trendiness are right (which they may not be) we have broken out of this pattern...would I would like to see is a return to the descending diagonal with a hold and then holy guacamole...SEND IT!
Target of 75 for first profit...
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Litecoin's tremendous resistance but amazing opportunity for 5xLitcoin is facing just like BTC a key resistance level at $64 if Bitcoin is able to continue on its path to break the resistance Litecoin is likely to follow suit.
Then the next barriers for LTC are $72.25 and $80.
After that assuming the next altcoin cycle will have been let loose by the Bitcoin bull run, Litcoin has the opportunity to 5x with a year.
It does remain to be seen if Litecoin can keep its Top 10 position by market cap however, with many new (DeFi) players getting all the attention.
Litecoin - Daily UpdateLitecoin - Daily
Bottom Line: Higher in the subdivisions of wave (iii).
Key Levels: Below 42.38, 42.01, 43.67 Above 68.92, 84.13
Outlook: Against 42.38, the focus is on higher in a developing advance, wave (iii) of ((iii)).
Analysis: We're watching for evidence LTC ended its second wave correction at 57.17. A break above 61.98 would bolster that outlook and setup a challenge of the next key level at 64.74.
Litecoin - $LTC - It's time!!! Are you ready?WAVE 3 in progress! The best time to buy is now!
#LTCUSD: I'm LONG / BULLISH position. I expect that $EOSUSD will rise up.
This would mean that LITECOIN will gain more 500% of its current value against the DOLLAR .
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION .
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST .
To the moon is too close, go beyond
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $LTCUSD #LTCBTC #LTC #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
LTC Is Going To EXPLODE HIGHER *** IMPORTANT WARNING ****MartyBoots here. I have been trading for 14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market is here right now
LTC Is Very Bullish right now and will should move a lot higher
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading and show you how to trade the markets or give you alerts
LTCUSDT breakout and re-test of 57.00 underwayLitecoin closed last week above 57.00 so I'd consider the breakout confirmed at this point. Also observably relatively performing well under recent volatility. Hence, I'm bullish right now and would buy this re-test if I see a nice bullish candle today.
As long as 57.00 holds on a WEEKLY CLOSING basis, I'd say we should see this targeting the next resistance level at around 64.00. Furthermore, a monthly close above 57.00 definitely improves the odds for the bulls (IMO) of a noteworthy rally in the short term.
Let's wait and see!
Check out the weekly chart below:
LTCUSDT weekly view indicates significant breakout in the makingA really big bull weekly candle forming indicates some urgency, especially if it closes near the high. Significance is increased considering it could be a breakout of a years-long consolidation pattern (since that year 2017 high of 420.00).
Keep this in your radar if you are waiting to buy. A weekly/monthly close above 57.0 should confirm the breakout.
LTCUSDT tagged 57.0 resistance level. What's next?I am looking for a break higher but we are likely to see some kind of a pullback or consolidation before the market decides to break out of this multi-year consolidation (as seen in the HTF charts) or not. Market deciding to give us another bear leg is of course a possibility (In fact, I think there's a high probability that will happen in the short term so a break higher would be a surprise move for the market and could be explosive).
But a Weekly or Monthly close above 57.00 should be pretty significant.
Ltc/usdt breakout happened as expected..next targets ?I shared idea about ltc/usdt few days before
About possible inverse H&S formation
You can see here
That what Happened exactly and ltc was mooning today along with btc which is a good sign ...
What now ?
For most safe entery we should wait daily close above 52$ then buy with targets in chart
Abd stoploss daily close again below 51.5$
LtcUsd outlook- Sell ralliesLitecoin is writing a different story than Bitcoin.
With sellers defending 50 zone very well I would expect a drop for this cryptocurrency and I will look for selling opportunities around 49 with a 42.50 target.
I will remain bearish as long as the price is under 50.
Litecoin (LTCUSD)Invest idea on Litecoin. There are signs of potential bullish reversal. See the chart for details. Support this idea with your likes!
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
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Litecoin is overlooked and CHEAP!LTC is cheap compared to other Alts or BTC. Sure it's just a copy of Bitcoin with no technological superiority compared to other cryptos. But it's the second cryptocurrency made, so it's name is embedded in crypto. And although it's cheap now, I don't see it being so cheap when the next mania hits.
Litcoin price Daily Fractalsprice holding 200 ema and fractals looks the same let's see how this behaves.
Litecoin / USD ........ Range bound trades expected....Resistances marked in Red..
Supports in Green...
Trend in dotted Lines...
Channel in Blue.....
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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
LTC - Will it find support @ 200 day MA?LTC Still trading in upward channel dating back to March
Short Term target set @ $49.
What will happen next?
- Holds 200 day MA & Trend line dating back to March
- If price drops bellow trend line and 200 day MA (with volume), next target set @ $34
- If price holds channel formation we're looking @ $71 in the coming weeks/months
Thank's for your support! Leave your thought bellow :)
Litecoin Symmetrical Triangle SupportLitecoin
An alt coin that is holding up very well throughout this bleeding.
The upper band of the symmetrical triangle that has formed from the ~350 high to now is acting as a support
I added LTC to my portfolio based on its ability to hold up like this.
