LTCBTC
LTC Ready to Make 76% Gain on BTC?Seeing LTC bounce off that support during its cool down phase from that 17 day - 60% gain against BTC tells me that we are about to see another run up to the next resistance line about 76% up from today's price.
This could mean huge movement for the coin, especially if BTC has a solid month.
It seems like it's setting up nicely to have a great May!
LTC/USDT 400$? Hello Friends ! I decided to publish this idea in connection with the 1st part of the development plan (the price reversal from the 220-229 zone, which was made before the correction.
s3.tradingview.com
I apologize in advance for the translation ,this is my 1 post for the EN community I hope you can understand the thoughts that I want to convey.
The expected target in the area of $ 400 by June-July ,I am sure the bullish cycle is not over yet and everything is just beginning for litecoin.
at the moment ,the coin is at a crossroads, either we roll back to the 220-229 zone again and accumulate forces for momentum, or we go up from the current ones. In any case, my advice is to keep this asset in the portfolio !
I also want to draw your attention to the situation in the pair with bitcoin, this asset has not updated the 2017 loy. The asset is in the accumulation range of 0.003447-0.005275, as soon as it is fixed above, we can expect an attempt to break through the trend resistance and, accordingly, the implementation of the litecoin plan, and perhaps even exceeding $ 400 is not the final goal in this cycle. The rounding of the trend in the pair towards bitcoin and USDT hints at the possible formation of a cup pattern.
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LTC/BTC Breaking Out of 2 Year DowntrendAfter 2 years, LTC broke out of its descending wedge. Currently tapping resistance @ 0.00523 for the third time. Like eggshells, eventually it will crack...
CONFLUENCE:
After 2 years we are backtesting the daily 100/200 EMAs as support!
TARGET:
If we keep holding the blue region and EMAs @ 0.0045,
the next resistance is red @ 0.0074 for +60%
LTC/BTC 1000% potential still valid...?#LTC/BTC TA Update:-
#LTC/BTC currently trading at 0.0046 BTC
Already 64% up from our first entry.
Because LTCBTC went upto 0.0054 BTC and which was our 1st TP.
Now
Re entry zone:0.0042-0.0046 BTC
Targets: 0.0054/0.0078/0.0113/0.0174
BTC
Dip for good entry.
Support: 0.0042/0.0038 BTC
Resistance = Targets
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LTC short to 1751) LTC is going on it’s ABC correction wave (5-3-5)
2) The wave A & B of the correction wave are completed and Wave C just started
3) Wave C is going to be a 5 wave series
4) I believe Wave C is going to end at 61.8% which is around $175-180
5) If we notice this is also exactly the end of the previous Wave 4
Summary
1) Bears still in control
2) LTC still in a correction phase and is correcting the whole 4 month 5 wave series
Lite Coin (LTC) - April 22Hello?
Dear traders, nice to meet you.
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(LTCUSD 1W chart)
(1D chart)
It remains to be seen if the volatility around April 21 results in any movement that deviates from 226.598-275.766.
In particular, we have to see if we can get support and climb at the 251.182 point.
It is supported in the 230.820-246.490 section and can move up along the uptrend line, so careful trading is necessary.
If it rises along the uptrend line (1), it is expected to continue the uptrend.
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(LTCBTC 1W chart)
(1D chart)
4675 Satoshi-4884 Satoshi should be watched for any movement deviating from the section.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
LTC/BTC ascending channel forming on 4hr BINANCE:LTCBTC
LTC/BTC bouncing off historic lows and forming ascending channel/support. History says target is 0.01+ BTC/LTC or higher but some serious resistance around 0.008 BTC/LTC so its also possible we top there even if its temporary.
Let me know what you think in comments.
May the stonks be with you and trade responsibly.
African Boy
*not financial advice, I'm not a professional.
LTC/BTC Trying to break resistanceTeasing a break of 0.005 at the orange region. The more it gets tested, the less supply remains to sell off...
Next target is red @ 0.007.
On the daily, we sent a wick into the blue region to retest with a Higher Low. Now looking to make a Higher High above the orange @ 0.005. Retest as support, and then off to the races!