LTC-BTC
Litecoin $LTC bullishness - Potential to rise greatlyLitecoin is showing many indications of making a move up. If today's candle finishes on another substantial positive day, it will show a three white soldiers bullish pattern. This could send it above its 200 day MA and beyond, but it could be rejected from it so watch out.
On the hourly, it broke out of a bullflag, retested its resistance and soared above it. It also has a lot of support from the Ichimoku and moving well above the moving averages.
Though many signs seem positive, set a stop-loss.
Not investing advice. Take with a grain of salt like you should with all trading.
Don't miss the great buy opportunity in LTCBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00608). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 44.
Take Profits:
TP1= @ 0.00710
TP2= @ 0.00810
TP3= @ 0.00990
SL= Break below S2
Don't miss the great buy opportunity in LTCBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00608). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 44.
Take Profits:
TP1= @ 0.00710
TP2= @ 0.00810
TP3= @ 0.00990
SL= Break below S2
LTCBTC strugglingDrop to previous fallen wedge and penetrated it but now sit on top, most probably will bounce and break into falling wedge again. Otherwise, wedge will support price and price will rally.
Reached target of my previous idea, albeit too quickly.
LTC/BTC Weekly level + fibsLTC is now having support from several zones. This is for sure a point of intrest
LTCBTC bear flagas predicted previously. Volume going down nicely.
Keep in mind that even if LTC and BTC go up, LTCBTC can go down because LTC goes up less than BTC.
LTC: Very unsual crossThis is kind of a rare event
Usually MACD crosses before TSI-SMA(50)
But right now TSI-SMA crossed before MACD on a 1H TF which I have never seen.
Get ready for something big
*Not a financial advice*
LTCBTC testing strong resistanceBroke out of the 6H ichimoku cloud that provided strong support. Can fall through the twist if rejected by strong resistances.
LTCBTC Buy SignalPattern: Channel Up on 1D.
Signal: Bullish as a Golden Cross took place and the sequence is similar to the one that led to the parabolic move of February - April 2019.
Target: 0.01200 (Lower High trend line).
LTCBTC found supportMight resume uptrend, if rising channel breaks it is a long way down. In my last idea I mentioned the possibility of price falling through the 4H ichimoku twist and testing support.
LTCBTC moving on upSeem to get support from the cloud. Looks like it wants to reach the inverse head and shoulders target. bearish divergences everywhere, but they don't seem to count. Tested resistance, might fall through the twist in the cloud and test the 4H 200ema.
LTC: 1H TF bullish engulfing candleBeing in an strong uptrend and after a small retracement, LTC is gaining momentum again.
Expect a sharp rise in LTC price to €75 followed by a consolidation before reaching the €80.
LTCBTC consolidation, and afterLTCBTC seems going to the inverse head and shoulders target (our you can see it as a cup and handle). However possible detours.
LTCBTC maybe topping or close to the local topWeakness is appearing in form of a bear flag with decreasing volume. Might just pump up, because btc pairs dont usually follow usd paired patterns and trend is strongly up. Also possible correction can be due that follows the harmonic on the chart. Correction can come after next pump as well. This is a take profit zone.
If BTC dumps then it is over for Alts.
$LTC clear way up to $150 USD. 100%+Dear traders,
Im analysing more and more alts right now because the bottom is definitely in. They are showing a nice reversal pattern.
My expectation is that LTC and other alts can go parabolic in the coming week. I think there is more room to grow to at least $150 dollar before the first big correction.
The signals that are coming up right now are similar to alt-runs before. Also LTC has already complete the halvening so that is a big intrest point.
Targets for LTC to watch:
$81
$99
$107
$137
$150
BTC.D decreasing
Goodluck.
