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Litecoin (LTC) This Will Be A Big Chain Reaction Of Bull RunHey friends, hope you are well and welcome to the new update Litecoin. Support and resistance levels: After getting rejected by $170 resistance now the price action is breaking down the $140 support. The next support is at $110. Up-trend line support: The priceline of LTC has found good up trendline support on the 2-day chart and testing this support at the moment. At the same support level, there are also exponential moving averages 10 and 21 supports. Down channel: On the weekly chart, the LTC with BTC pair has formed a down channel and the priceline is at the support of this channel at the moment. There are 25 and 50 simple moving averages resistance levels above the priceline. Shark Move: The priceline has completed a Shark move on the weekly chart and entered in the potential reversal zone. A bullish Butterfly move: If we zoon out the same weekly time period chart, then the price action has completed another bullish harmonic bullish Butterfly move. The final leg is retraced up to 1.269 Fibonacci level whereas we need a retracement up to 1.27 so there is a difference of 0.001 Fib level. Therefore it is possible that the price line may drop a little down and then start a powerful rally to the upside. Big BAT move: On the very long-term 2-month chart the price action has completed a big BAT pattern and entered in potential reversal zone: Conclusion: The price action has formed a small shark then a big butterfly and then the biggest BAT harmonic moves. Therefore there can be a big chain reaction started that will lead the price line to set a new high.
Long
by moon333
3
LTC vs USD & BTC 🚀Hello dear friends, just quick update on LTC/USD vs LTC/BTC😊 For me still looks promising Try to catch the price at the bottom of triangle on the LTC/USD chart and the bottom of falling wedge at LTC/BTC chart by splitting buy orders. If You don't know how to do that, I leave Edu post here 👇 Looks very simple, but it works for Us😉 If You have any questions, I'm waiting for You in the comments 💋 Stay with me forever💋 Thank you for staying with me🧡 Sincerely Yours Rocket Bomb🚀💣
Long
by RocketBomb
24
$LTC Litecoin building bullish momentum ( @LitecoinProject )Hello there ladies and gentlemen, BulloTaurus here with an important update for today. I have been watching Litecoin for a long time to time a perfect entry with a big % of my portfolio. At the moment Litecoin is very undervalued project by crypto community but highly appreciated by big companies like Grayscale. During last 30 days the added more than 111585 LTC in their Investments Holdings that is at a 2238.35% Premium rate right now! A gigantic triangle is broken and at the moment Litecoin sits at the accumulation zone. Another reason why i think we might see a bigger explosive movement is MACD . RSI, EMA and STOCH is also bullish. Huge gains are possible, just over 300%+ Risk: 3 Reward: 9 Peace. 🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌 P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
Long
by BulloTaurus
LTCUSDT (LITCOIN) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎 - LTCUSDT is printing a descending triangle pattern. - Price is testing the descending triangle's inclined resistance. - We could see a rejection of the inclined resistance or breakout above the inclined resistance. POSSIBLE PRICE ACTIONS - Uptrend ⬆️: Breakout above the descending triangle's inclined resistance and the horizontal resistance level (R1). - Downtrend ⬇️: Breakdown below the horizontal support level (S1). TARGETS 🎯 - Uptrend ⬆️: Horizontal resistance level (R2). - Downtrend ⬇️: Descending triangle's horizontal support.
by Chibuike_Odoh
2
Litecoin to catch-up with Bitcoin's riseLitecoin vs Bitcoin has followed a pitchfork pattern nicely. Just as Bitcoin Litecoin has not been premined. From day one anyone could download the software from Github, install it and mine Litecoin. Whereas Ethereum was premined to the tune of 70 mln ETH by Vitalik and his cofounders. The incoming SEC chair Gary Gensler stated repeatedly that Ethereum was premined. If the SEC goes after Ripple for premining XRP they must go after Ethereum as well. Furthermore CME starts trading ETH futures on Feb 8th 2021. Market makers on CME have built-up their positions on ETH and are ready to sell. Remember what happend when the CME started trading Bitcoin back in Dec 2017 ? Bitcoin crashed. I expect the SEC to go after Ethereum and if not, Ripple will use this comparison in its defense leaving the SEC no choice. The law must equally apply to all. Hence I expect people to rotate into legal crypto coins of which Bitcoin and Litecoin are the purest and cleanest. Also Litecoin has some of the widest community spread and community mining. Is listed on most exchanges worldwide and constantly has a top 5 to top 3 volume & liquidity. Grayscale just filed to list a few more coins potentially wrapped into a trust. One of the coins was privacy coin Monero. Litecoin has built-in MimbleWimble which can be activated at any time offering optional privacy and fungability which even Bitcoin lacks > Caitling Long who stamped out Wyoming's new crypto laws has recently explained in an interview the importance of fungability to protect from rogue liens.
Long
by bmw_b
Don't bet against the chickenThe blue box is where price will head to next, then potentially sooner than expected it will rocket. LTC is BTC 1 cycle behind 1/4 the price, the UTXO confirms 70% of the circulating supply going back 3 months to over 5 years have been accumulated. These trendlines will be important, the top ones may not hold any longer after this and the bottom may get moved up. LTC/BTC has been setting up for quite a while maybe next month or march/april perhaps the longer the ratio coils the higher USD value LTC will become. Waiting for 8/1 break out for new all time highs, quite literally any month now. LTC/BTC has a bigger Gann Fan pattern which leads me to believe the LTC/USD breakout will be biblical when the ratio and the USD pairs break the 8/1 Gann Fan
BITFINEX:LTCUSDLong
by UnknownUnicorn755254
22
LTC: It's time to go up 🚀Hello everyone, LTC looks very good at Bitcoin, globally we are at the very bottom. The growth potential is excellent. Blue lines indicated excellent entry points, red ones - targets. Many violas have already begun to grow. The ETH shows itself perfectly to the BTC, the TRX breaks out. This usually does not happen without Light. So we break through this dynamic one, fix ourselves and go up. What do you think about LTC? Do you trade with BTC? And yes, thank you so much for your support, friends.
Long
by ilyasolloway
2
LTC DAILY CHART- In the daily chart we can look for the following opportunities: 1. The price breaks the resistance zone, returns to it to look for support, and leaves us with a reversal pattern, such as an engulfing candlestick, a double bottom with a breakout in the control zone, or candlesticks with a large shadow underneath that indicate strong buying. 2. The price retraces to the new support created after being broken with strong volume, and leaves us with some of the patterns described above (an engulfing candlestick, a double bottom with a breakout into a control zone, or candlesticks with a large shadow below).
COINBASE:LTCUSDLong
by alvarogctmr
LTCBTC almost completed big Butterfly move | Upto 400% expectedOn the long-term weekly chart, the price action of the Litecoin has almost completed last leg of bullish Butterfly pattern and soon it will be entered in potential reversal zone. I have placed the pattern up to 1.618 Fib only for the educational purpose otherwise it is not possible that the priceline may enter in negative zone. Previously I shared an idea of litecoin’s big bullish BAT, so the maximum extent of the potential reversal zone can be considered as the maximum buying zone for this Butterfly move as well. Stop loss: The maximum extent of the potential reversal zone can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a huge profit possibility of 400%, and the loss possibility is only 19%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
Long
by moon333
1
LTCBTC can start the chain reaction of harmonic bullish movesSupport and resistance levels: In LTC with USD pair, on the long-term weekly time frame chart, the pricline of Litecoin has been rejected by $170 resistance and now moving between $140 support to $170 resistance levels. Up channel: On the daily time frame chart, the price action of LTC has been bounced from the support of an up-channel and now moving towards resistance of this channel. Down channel: Now if we switch to the LTC with BTC pair chart, then on weekly time frame, the price action has formed a down channel and reached at the support. Here the bollinger bands is getting squeezed that is indicating that soon the price action of LTC can break down the support or move to the upside for the breakout. Bullish Shark: While the price action is at the support of down channel, on the weekly chart it has also formed a complete bullish Shark pattern and entered in potential reversal zone. Bullish Butterfly: On the same weekly chart, with Bitcoin pair, the price action of Litecoin is completing final leg of bullish Butterfly it has retraced upto 1.269 Fibonacci and when it will be moved little bit more down and retrace at least 1.27 Fibonacci level then the pattern will be completed. This Butterfly is bigger than the previous Shark move. Bullish BAT: On the bigger time frame 2 month time period chart, the price action of LTC with Bitcoin pair has completed bullish BAT pattern and entered in potential reversal zone. Conclusion: The price action has strong support of a down channel and completed different harmonic moves in different time frames in Bitcoin market. These harmonic moves can start the bullish divergence like a chain reaction. The smaller harmonic bullish move can trigger the bigger one and this bullish harmonic chain reaction can lead the priceline of LTC to hit at least the previous highest price in the Bitcoin market that was 0.052 as per Bitfinex exchange in 2013. And if at that time the price of Bitcoin would be at $40000 then the price of LTC can be expected at $2000. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
Long
by moon333