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4-Year old resistance line may break!LTC has been sinking under the weight of a resistance line that goes back to February 2018--It's also been in a massive Falling Wedge. Breaking this resistance would undoubtedly draw a lot of attention. LTC is a coin we don't hear much about. Many see it as the "little irrelevant brother" to BTC. That may be, but the current state of the charts makes me at least interested in following how this plays out in the coming weeks. It feels worth it to me to enter a small LTC position here. This could pay dividends quickly as it could spike up about 15% (even without breaking resistance). ------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following. Thanks!
Long
by mercury_rising
2
Litecoin Caution over 1000 DollarsA long time ago i discovered a trend line for Bitcoin that stems from the start of the coin. I have posted about these lines for a while now in Bitcoin but they appear in other coins born from 2015-2017 latest. I call these Genesis lines , they always have important reaction events throughout the coins history take a look at the Bitcoin one below . As you can see this massive trend line was support then flipped resistance , same thing that's happened with LTC. So if price is entering the red box and coming into the week of May 16th 2022 it will most likely be the best moment to sell , to think we going higher in this zone would be a emotional mistake and way to risky , take profit and walk away , to bet against this mufti year resistance line is a gamble one should not take. O nce LTC closes a weekly above the 0.618 at 270 dollars , it will trigger maximum momentum .
COINBASE:LTCUSDLong
by Sporia
6
Litecoin Rally 2.0In my previous TA many of the Fib time sequences that were used did not plan out, hit the first count but second and third failed so revisited the situation in a new light , below I will link the previous TA. Even though the previous prediction of lite coin rally starting 9th of December failed, I still held that the 4/1 Gann ratio and the 0.618 Fan Fib would need to hold in order to keep the target of 1500 dollars alive. Here we are ten days later litecoin never closed under the 4/1 or the 0.618 Fib Fan which is what i expected. Now I do have a new set of Fib time dates which for now seem like it's playing out. The move starts building momentum on the 0.5 Fib time and by 0.618 Fib time we start a larger parabolic move , the 0.618 Fib time is on December 21st 2021. The next date is January 16th 2022 lets see what the date brings , maybe we break the 8/1 Gann Fan? After we break this Gann Fann we can see all time high again. This yellow dotted line has been of major importance this year. Just look at all the reactions we get and now it seems on Jan 16th we get 8/1 Gann and this reaction line crossing , very interesting. Even though Litecoin is still under the 8/1 Gann , the important thing is for bitcoin to be above the 8/1 Gann right now ,check out the link below .
COINBASE:LTCUSDLong
by Sporia
3
Litecoin starting rally tomorrow to 1500 dollars.Over three months I have been waiting for this Fibonacci time sequence to play out if tomorrow in fact is a momentum shift upwards the top will be 30th April 2022 at about 1500 Dollars. All the way back since July I have been linking Fibonacci time dates and now I may have a clear picture of where the top is depending on what happens tomorrow. Check out Bitcoin Roadmap below, I go over cycle peak projection being April time.
COINBASE:LTCUSD
by Sporia
34
LITECOIN Ready toward $2000 ..?#LTC/USDT TA update:- $LTC currently trading at $149 And Strong above $140 So I am buying between $140-150 Now $140 is strong support level. If hold this support then we can see next move toward $300 But If break $140 support then we can see Last support at $100 Below $100 $LTC very bearish. But IMO LTCUSD Not go down below $100 And If market will support then we can See $LTC price above $1000 in near future. Support:- $140/$100 Resistance:- $230/$372/ATH
BITFINEX:LTCUSDLong
by CryptoPatel
12
Slight modification to the LTC chartKRAKEN:LTCUSD One of these two will play out. Just need an entry now😥 Consider a Donation: BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC ) ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC) USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20) bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441 I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
KRAKEN:LTCUSDLong
by RektMyMom
1
Litecoin (LTC) - December 3Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (LTCUSD 1W Chart) - Mid-Long-Term Perspective 93.716-118.5 or more: Expected to create a new wave. (1D chart) First resistance zone: near 300.270 point Second resistance section: 367.856-390.385 First support section: near point 165.098 Second support section: 97.512-120.641 You need to check if you can climb to the section 210.155-232.684. If it goes down, you should check to see if it finds support at the 177.410-188.200 zone. The 210.155-232.684 section is an important section that determines the trend, so if it rises in this section, the uptrend is expected to continue. However, in order to accelerate the upward trend, it must rise above the 252.430-261.990 section. If it declines in the second support zone, it is possible to enter the mid- to long-term investment zone, so careful trading is required. ------------------------------------------ (LTCBTC 1W chart) Above the 0.005486 point: Expect an uptrend reversal Above 0.008100 point: Expected to create a new wave. A breakout of all downtrend lines is expected to result in an uptrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
BITFINEX:LTCUSD
by readCrypto
1
Litecoin Rally December 9th (update)Go over my last TA first. What we want to see is price going down coming into this fibonacci time date , these dates act as pivot points most of the time so really we don't want price to be going up coming into this date . At the moment we are in a ascending wedge on the hourly only keep at in mind , a break here would bring price down to the marked support line most likely , also we failed to break this Gann ratio once before. Keep in mind that there two Gann ratios in play here the thick pink line across is the macro 8/1 Gann ratio. Just 8 days left till the December 9th who knows what will happen
BINANCE:LTCUSD.PLong
by Sporia
1