Litecoin Falling Wedge Pattern - Ready for massive breakoutLitecoin completion of the falling wedge formation is indicating a massive breakout about to happen on the upside.
Grayscale and other funds have heavily bought into litecoin in the past few months. Expect the first target to be around $518 followed by higher targets.
LTCBTC
LTC/USDT Litecoin breakout is doneHi everyone
As you can see, LTC is quite bullish in daily time frame
And in full four and six hour frames
It can be seen that the breakout is complete and the ascent can be predicted with certainty
The telegrams are marked with a blue line
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ATH soon and than new ATHsWe'll test the ATH at 370 than maybe we'll have a small correction and if we break the ATH we'll have three targets for long term
715 (90%)
1062 (184%)
1322 (260%)
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BREAK STEREOTYPES, buy by rumor, sell by news!🙏Hello! Pay attention at LITECOIN!
It's not just a low-commission payment method! It's also a great way to make money😉
That's one of my favorite coins and takes a bulk of my portfolio!🤫
I have advised it many times, but I understand, that while it is not on hype, few people pay attention to it!
BREAK STEREOTYPES, buy by rumor, sell by news!🙏
Stay tuned by Rocket Bomb 🚀🚀
my previous advice👇
MORE LTC IDEASGood Morning! Looking at LTCBTC, day and 4hr charts, showing great buy opportunities for some spot trades. Litecoin is about to blow up, and it's other currency pairs are following suit. Moving averages and retrace show we are ready at anytime to make upward moves. Maybe $600 range?!
By hiding the price and just looking at the moving averages on the day and 4hr, you can see a better representation of where price is trending and headed.
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Remember, don't chase, retrace!
Happy Trading!
$LTC - Flip 3600 sats and we will finally smash ATH's on $ pairLTC is mega bullish rn
Dollar pair has a bullish pennant very close to breaking
BTC pair has almost hit all time lows, with a reversal pending
Could also argue major bulldivs on the 1W TF here
If we claim that thick black line, around 3600 sats, we should flip the trendline and add extra fuel to the dollar pair to send it past $300
As-long as BTC can continue ranging and not dump this should play out!
LTCUSD 44% Up from our Re entry and still my Target is $300+#LTC/USDT Profit Update:-
$LTC currently trading at $253
And went upto $259
Which is 44% up from our Re entry.
Re entry :- $180 ✅
TP1:- $228 ✅ Now trading at $253
TPs :- Pending
Now LTC/USDT broke the resistance level and now super bullish.
So I am expecting next stop can be $300+
Support:- $215/$180
Resistance:- $311/$458/$706/$1000
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LTC has broken triangleOn 16 Nov 2020, Litecoin has break the triangle indicated by the bullish engulfing candlestick. Today, the price has to commit above 0.0044btc to keep up the bullish trend and bring to the moon again. Historically, its has been recorded 300-800% uptrend since year 2015. With the 15% last week increment, could this silver crypto make the history repeated again?
Shafiq Neurotrader
Longterm LTCBTC Descending Channel / ValueThis chart shows the relationship between Litecoin and Bitcoin. The LTCBTC pair shown here suggests if you are going to invest in cryptocurrency, Litecoin is not the best option. It's still better than being in cash (not shown, but it has done very well since inception), but Bitcoin has been better.
LTCBTC bullish pennant potentially formingLTCBTC looks to be forming a potentially bullish pennant on the 4-hour chart (yellow dotted lines). This looks to be somewhat confirmed by the hidden bullish divergence on RSI (dotted yellow lines on RSI and price), looking more likely to indicate a continuation upward based on the short-term trend.
There is still some potential for the trend to extend further forward for hours/days, but it is good news for LTCBTC that it has not trended downward yet (particularly when BTCUSD took a dip over a day ago).
If the pennant breaks upwards, the resistance looks to be at the upper part of the wedge I mentioned before (blue dashed lines). If this resistance breaks, LTCBTC has the potential to break from the year long descending wedge and the opportunity to take on a YEARS long wedge instead (see my previous posts for details).
At the very least it should be interesting to see which way the current wedge breaks over the next few hours/days.