Ltclong
Litecoin looking for a breakout against BTC!Litecoin has been really struggling as of late with us continuing to push down following this descending channel, one positive we have seen is that we have broken up into the upper half of the channel, but we still can't seem to breakout! We could be looking at a breakout sooner than later, looking at the bollinger bands we seem to be also stuck underneath the midline which as of right now acts as resistance, if we are going to move anywhere to the upside we need to see a strong push above this level and sort of target that top band so we can take it for a ride upwards. The MACD looks to be coming to an end of this current bearish cycle we see the blue MA pushing upwards looking for that bullish cross, i figure we will see this in the next couple days but we have to watch for a healthy histogram and healthy separation in the MA's! The Wavetrend aswell seems to be coming out of its little bearish cycle, we are seeing the wave starting to push back up, but we definitely still have some work to do like making sure we can fully cross that midline without any hold ups! Overall looking pretty good for LTC which tends to lag behind the rest of the market, looking for a breakout in the coming days/weeks! Not financial advice just my opinion!
Is Litecoin dead?? Probably yes...:)
Price of LTC is currently around 160USD. BUT this price is going up bcs bitcoin is growing...
Check the chart litecoin/bitcoin. This chart is still in downtrend. This is more then 3 years long downtrend!!
If (maybe not) litecoin breaks the red bearish resist then we will see big bullish rally on this coin.Targets for LTC/USD will be 500USD and more.
If not, then...in this case is better to trade another coin :)
LTCUSDT Bullishsalam dustan
LTCUSDT bad az modati tulani (HTF) az channel nozulie khodesh kharej shode va ba tashkile descending channel nozuli yek Impulse ghavi tuneste az khanal kharej va breakout kone
baraye vorud montazere descending channel nozuli dar time frame pain (LTF) bashid va bad az khuruj b samte bala mitunid vorud konid
nazare shoma chie
agar ba man movafeghid Like konid
por sud bashid
mamnun
LTC/USDT ( LiteCoin ) Still Potential $700 ( 500% from here..? )#LTC/USDT Bullish TA Update:-
$LTC currently trading at $128
And Last Month All time high was $413.91
And almost -75% dumped from All time high in this week.
So I think this is Entry zone.
Why entry..?
In 2017 #Litecoin Pumped and All time high was $420 and after hit ATH it dumped -76% and again pumped 144% from Dumped level.
So Now also Dumped-75% and I can expect 144% pump from here and Target will be $260
2nd Reason Why entry…?
All coins hit their All time high but $LTC still not hit All time High after 2017
So I am expecting New All Time high from Litecoin also.
My Personal view LTC can hit New ATH.
Entry:- $115-$130
Targets:- $178/$264/$419/$700
SL:- $104
Support: $127/$79
Resistance: $178/$260/$420
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Triple flags for LTC push upwardsExpecting a strong push upwards for COINBASE:LTCUSD after bouncing off the new support of low 300$ zone.
Bullish flags on both the 1 hour and 4 hour charts as on the MACD crosses and accumulates under average.
Then The RSI bounces off the oversold threshold showing support and further accumulation.
With #Bitcoins dominance falling, $ETH becoming further independent;
the next logical sentiment falls unto $LTC for a bullish climb towards new ATH.
Another indicator is the LTC/BTC chart showing Litecoin's stability against bitcoin and a imminent breakout.
LTC under correction
LTC recorded ATH, and with the daily candle forming an inverse hammer, it might signal a correction toward the ascending channel's support level.
The key level around 250 handle is in confluence with Fib level 0.786.
The closing candle today will confirm the short-term downtrend movement.
Additionally, the bulls rally of 15 days has brought the price action a bit overextended from the DMA and EMA. This correction is most needed to support the healthy long run.
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