LTCBTC
potential inverse H&S breakout. Neckline breakWould expect this to rip if we can get a daily close above the neck-line
LTCBTC IS READY FOR LIFTOFFAlright lets make this fast because we don't have much time.
-Huge Weekly falling wedge indicating a massive reversal to the long bear market.
-Triple class A divergence on both oscillators on the weekly
-Ltc/usd looks amazing too
-Falling wedge breakout and bounce on massive support.
LETS GOOO
this is not financial advice, please do your own research before taking a position.
LTC ABOUT TO EXPLODE - 100 usd + TARGET EXPECTING!!Depending on new chart study, expecting that litcoin will hit 100 usd at long term.
LTC could move further downLitecoin has had a tough year trying to keep up with Bitcoin. When we zoom out on the chart we can clearly see BTC has heavily outpaced LTC in 2020. Like many others it saw an increase in value in November, but that run seems to have run its course.
LTC has been rejected three times by the 200MA (red arrows) although it did manage to stay above it for two whole days at the most recent test. On the first retest it bounced of the 50MA. On the second retest it plummeted through and has had a tough time since. After the third retest, we can see it is now once again below the 50MA.
I believe another rejection could be in the making as volume is declining. Yes, volume is higher than it was in previous months, but so is the total marketcap.
I have drawn two very strong support levels around 3900 & 4000 sats and two equally strong resistance levels around 4500 & 4800 sats.
As the general HTF trend is still bearish I'll open up small long positions on a retest of the support levels and on a break of the 50MA.
Where do you see LTC heading in 2021?
LTC / BTC - Headed back upVery clear inverted HS forming on daily - Target area around middle orange line @ 5080 sats
Conservative target, lower orange line
Bullish target higher orange line
Related idea linked below.
LiteCoin Double Bottom Breakout price break the neckline of double bottom which is previous high with great volume
consolidation at neckline is good place to enter the market when we bounce
LTC LITECOIN 4H Chart - Target 100 /125 / 160 LTCUSDT LTCBTCLTC LITECOIN 4H Chart - Target 100 /125 / 160 LTCUSDT LTCBTC
always be extra careful when shorting btcshort term sell or sideways move on btc might be coming. in the meantime some alts could bring profits - some of them may be xmr and ltc. xmr had a good rise when pattern shown in the idea appeared, only in case the pattern is valid.
LTCBTC: Falling wedgeFalling wedge
Buying in the area 0.003935 - 0.003466
1 - 0.00480
2 - 0.00532
3 - 0.00576
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Waiting for your comment, what do you think about this?
IF YOU'RE NOT ALREADY IN LTCThats the point where I would be looking to buy, or where I will be looking to fill more buy orders (if we get there, not guarantied, but not big fan of buying in the mid of nowhere like we are now).
2 pointed areas whit the magnet will be key to watch at, close and consolidate above = more expansion upwards.
Overall looking bullish af, another coin that will test the ATH in 2021.
The LTC will go up above 150$.Litecoin BTC is divided into First Wave / Second Wave.
The price of Litecoin has recently been going down to a wedge.
But the positive part is,
Despite the rise in the price of Bitcoin, the LTCBTC price did not go down.
So I think Litecoin will still remain on the rise,
If it goes up to the 2nd Wave, Litecoin is highly likely to move from 50$ -> 150$.
Wait for the 2nd wave
Litecoin Close to Change TrendHello Traders,
It seems that Litecoin is close to turning back to uptrend. It is possible to note that it is inside of a huge bullish wedge and is close to breaking out. We recommend to catch in if it breaks the important resistance of 0.0045.
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A big cap dinosaur is waking up!Hello there, I still believe in Bitcoin protocols, so here is my view on BINANCE:LTCBTC , enjoy!
American elections sent market crazy and that's why we have seen a rise in volatility since the last week of October and the beginning of November. Lately, both stocks and cryptocurrencies has gone up and I believe this bubble will keep growing until Trump is putting some uncertainty back into the investors.
So here we are with a fresh new chart about an old fossilized Bitcoin protocol. Litecoin at its finest is a censorship free decentralized currency running on its own blockchain since 2011. Alike most of old cryptocurrencies its price has fossilized too and hasn't moved a lot in the past few months - it hasn't moved upwards indeed, especially on BINANCE:LTCBTC pair. Now, let's review some technicals which state the clear bullish setup I've drawn.
Trend is evidently bearish and next move won't reverse it at all on daily base, as BITSTAMP:BTCUSD won't go through enough sideways/bearish time for it to grow more. Still it has some room upwards to fill and current Bitcoin move is setting some basis for it. In fact, price action is stuck inside a falling wedge and running below a falling trendline (the blue one) which is very likely to be broken and prepare some further bullishness. All those levels you can see marked on chart are based on Fibonacci retracement: one on larger (white one) timeframe, the other (red one) on current resolution; white has reached it's very bottom at 1.618 level, which was the target for a bearish Gartley pattern, red is stating the formation of a Butterfly pattern (which misses D at 1.272 Fibonacci level). Most of indicators are bearish, meanwhile relative strength index formed a large bearish divergence on daily chart, stating a possible bullish turn.
A trading strategy: the very best strategy is about buying at breakout and selling resistance, so I'd recommend you to buy once it has finally broken the falling wedge; nonetheless I'm pretty confident about this, so that in my opinion you can safely accumulate some at red Fibonacci 1.272 support (0.003615) and unload your bag at white Fibonacci 0.618 resistance (0.004880). In either case, you need to set your stoploss below red Fibonacci 1.618 (0.003468), which is an important bearish continuation level.
Hope you liked my altcoin trust, see you on next prediction!
Trade safe and take care. Anlvis
LTC_BTC BREAKOUT| LONG
LTC_BTC broke out of the bullish wedge
Now after pullback and retest of the wedge resistance
That turned into a support
The crypto-pair will go UP
To test the next rising resistance
Long!
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💡 Don't miss the great buy opportunity in Litecoin/Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00387). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Litecoin/Bitcoin (LTCBTC) 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 60.
Take Profits:
TP1= @ 0.004600
TP2= @ 0.005050
TP3= @ 0.005580
TP4= @ 0.006380
TP5= @ 0.008075
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 Litecoin/Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00387). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Litecoin/Bitcoin (LTCBTC) 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 60.
Take Profits:
TP1= @ 0.004600
TP2= @ 0.005050
TP3= @ 0.005580
TP4= @ 0.006380
TP5= @ 0.008075
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 do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Litecoin Starts To Move (Next Target Mapped)Litecoin (LTCBTC) is moving, starting slowly but getting there.
Here we have our first target for this move.
The RSI and MACD support this move as well as the trading volume and the current bullish.
EMA200 and MA200 are being challenged right now.
Above these levels, we get a strong jump.
Here is the previous chart:
Thank you for reading.
Namaste.
Litecoin Prints Bullish Candlestick Pattern + Green DivergenceWe have bullish divergence with the MACD for LTCBTC starting around 23-Sept.
We also have this divergence present with the RSI starting 20-Oct.
Looking at the last three candles, Wednesday, Thursday, and today's candle, we can see a bullish pattern starting to form.
Prices are now challenging EMA21 and trading above EMA10 with rising volume...
All that is needed to complete this bullish setup, is a close above EMA10 (0.003879) when today's candles close. (Candle closure is needed for confirmation).
Conditions for change
This bullish chart/setup/analysis is invalidated if prices move and close below the last low at 0.003633.
Any trading above this level and we continue aiming up.
Namaste.
