Litecoin LTC 4 hour vs 1 Day timeframeLTC Litecoin receives a sell signal on the 4 hours timeframe and another sell on the daily.
Please leave me a message if you want to test the buy and sell indicators that i am using.
LTCBTC
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
Litecoin needs some key support Litecoin gained major uplift yesterday and has been on the return journey to retest the previous breakout region.
We should see a major bounce as it is currently seating on the 50 EMA.
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
The Weekly Overview of the Litecoin LTCUSD MegabullHi everyone!
Please hit the like bottom at the bottom right corner and hit the follow button for more charts and updates.
Here is an overview of the Weekly Litecoin LTCUSD fractal on the log scale in preparation for the Megabull which triggers officially once the ATH around $350-370 is broken shortly in Q1 2021.
The log scaling is usually the best to use to clearly put an emphasis on the bull and bear cycles. Further more, log cycles coupled with the correct patterns and indicators can also help us outline accurately enough the cycle tops and bottoms to buy or sell at as I have labelled them for the current Megabull cycle.
Currently you can notice that Litecoin has completed a long-term bull reversal of the entire bear trend thanks to the following bull reversal patterns:
- Rounding bottom
- Double bottom at $26-22
I have overlapped the previous Megabull's fractal so we can gauge and compare the current bull market against it time and price action. Their will be with certainty be differences between then and now but we are looking in the end to also spot the top of the Megabull near November-December 2021 to sell at near the top of the long-term bull parallel channel.
:arrow_forward: For this Megabull cycle, Litecoin has three sell targets:
$2,300-2,400
$3,700-4,000
$4,900-5,200
Best of luck and happy trading!
Carl M.
Chart Comparison: 2017 Litecoin Bull Run vs. HBAR TodayPatterns occur and re-occur both in nature and in the market. USD pairings are being shown above. This is an update to an older idea.
HBAR is and has been following LTC's bull run pattern from 2017-2018 almost identically, it's remarkable how similar the two look.
- HBAR on the top - a zoomed in Daily all-time chart ending in present day
- Litecoin on the bottom - showing a zoomed in daily chart ending in the period around Dec 2017-Jan 2018 around the start of it's massive rise.
Related older comparison predicting similarities linked below.
💡Don't miss the great buy opportunity in LTCBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.004190).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Litecoin/Bitcoin 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 63.
Take Profits:
TP1= @ 0.004440
TP2= @ 0.004590
TP3= @ 0.004820
TP4= @ 0.005120
TP5= @ 0.005610
SL= Break below S2
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Now, It's your turn !
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💡Don't miss the great buy opportunity in LTCBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.004190).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Litecoin/Bitcoin 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 63.
Take Profits:
TP1= @ 0.004440
TP2= @ 0.004590
TP3= @ 0.004820
TP4= @ 0.005120
TP5= @ 0.005610
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
$LTC/BTC 2h (Binance Spot) Falling wedge breakoutLitecoin is looking bullish again since it broke-out upwards, let's try to catch the pull-back.
Current Price= 0.004010
Buy Entry= 0.003942 - 0.003836
Take Profit= 0.004198 | 0.004573 | 0.004860
Stop Loss= 0.003580
Risk/Reward= 1:1 | 1:2.21 | 1:3.14
Expected Profit= +7.95% | +17.59% | +24.97%
Possible Loss= -7.95%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h
LTCBTC forme big BAT | Upto 593% profit expectedHi friends hope you are well and welcome to the new update on Litecoin.
On the long-term 2 month time period chart, the price action of the LTC has completed the final leg of bullish BAT and entered in potential reversal zone.
Possible profit and loss ratio:
This trade has a profit possibility of 593% and the loss possibility is only 46%
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 the trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
LTCUSDT It has been a breakout of the triangle if it closes above the upper triangle volume with a four hour candle, meaning that it will continue rising.
Stay Alert .
Litecoin 1.618 Bull BreakPotential bull break once 1.618 circle is hit
As seen in the previous touch of this 1.618 of the circle
I am long LTC.
LTC (Y20.P6.E1).Potential Short setupHi All,
This post is part of an ongoing serious to LTC, refer to link below as part of the macro structure.
Observation:
> Weekly Resistance is showing hard level to pass
> BTC likely to make new highs
> Indicators on the daily are bearish with a few showeing bearish divergences.
> On the 15 min chart, looking for a setup to short.
15 min chart
Other charts
PREVIOUS POST
LTCBTCThere's been an increase in volume lately, it's been two years since its last big move, yet LTC hasn't had big move compared to BTC
LTCBTC | Possible Long ScenarioLTC looks at support levels against both BTC and ETH pair. Therefore, converted some BTC to LTC for this position.
LTCBTC bottom between 0.003 and 0.002 in MarchThis is a longterm study using a Gann fann that intersects the price one month prior to the bottom before each major rally.
It is estimated that price will bottom between 0.003 and 0.002 one month after the Gann fan intersects the descending channel.
Price has been contained in a descending channel since July 2019, and support of the channel after the Gann fan line intersects it ranges from 0.003 to 0.002
There should be a 6x rally afterwards to 0.0135. If there is no rally then LTC will continue it's downward decent to zero.
Many people have been fooled into thinking that this December rally is the start of the moon shot. But in fact it hardly a blip compared to real moon shots.
This is an update of an old idea titled "when pump?".
Respect the dump and pray for the pump.
Litecoin vs Bitcoin (LTCBTC), Ready Yet?Looks like Litecoin (LTCBTC) is getting ready to grow.
Cardano (ADABTC) is growing today and so is Binance Coin (BNBUSD)... These are some of the big altcoins...
Litecoin printed a Doji yesterday and so far we have a higher low compared to 12-Nov.
It is still early here but we also have bullish divergence on the MACD and RSI if we go back to September, telling me this higher low might be it...
Be prepared...
Thanks a lot for your support.
Namaste.
LTCBTC Long positionLooks like LTC/BTC is about to gain some momentum to the upside! Refer to chart for price targets
LTC is going to mini-moonThis is a psychological application/analysis supported by multiple charts. Both the LTC/USD daily charts to ID impulse buys AND the LTC/BTC value using the same period.....
Looking beyond the standard 4-year halving cycle, i believe there are 'mini-moons' in the (no disrespect to litecoin) 'imitator' coins. Here's the logic: What happens when the beginning of retail FOMO begins? Well, speaking from personal experience when i first began really investigating crypto (august 2020), the AVERAGE NEW USER does the following:
1. Open up a trading account (coinbase, binance, kraken, etc.).
2. Second guess themselves about buying a 'coin' trading at $35,000 USD (even a .10 amount) given that its already started its parabolic rise.
3. Maybe they do buy .1 bitcoin. But whether they have $10k or 100K, they are uneasy about buying into something that has already 3.5x'd over the past 3.5 months.......
4. But they already deposited (say) 20% of their life savings into their new account. WHAT DO THEY DO to get their feet wet????
5. They buy 50 LTC to test the water...
The above chart represents this 'mini-moon' theory well. Ultimately you get thousands of weekend warriors early pumping anything that has the word 'coin' behind it because its 50x cheaper than the coin they originally opened an account to buy, but hesitate to pull the trigger. In a month from now, once LTC runs to @ $600, the smart money will know its time to cash out and sell to the weekend warriors thinking they struck it rich 4x'ing litecoin.
Its an admitedly dog eat dog analysis, but i believe there is a mini-moon in LTC. I predict $200 LTC by 1/10/2021 and $550 by 2/28/2021. This should give smart money a nice little return and buy a little time for the sideline money while we (hope) for a good entry for the rest of our money in BTC & ETH...
I'm not a financial advisor and do not listen to me or constitute any of the above as sound advice.
LTCBTC formed a big Shark | For Upto 43.5% bullish moveHi friends hope you are well, and welcome to the new update on Litecoin.
On the long-term weekly time period chart, the price action of the LTC has completed last leg of bullish Shark pattern and entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 43.5%, and the loss possibility is 9.5%.
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 join:
www.patreon.com
