Ltcusdidea
LTC - Rounded floor!If you want to enter at a very good price you will have to wait for it to pull back and bounce off the 100 period average. Do not miss the volume POC marked in a red box.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments
LTC/USDT : Breakout from ATH's resistance zone and cylinderBINANCE:LTCUSDT
Hello everyone 😃
LTC had a breakout from ATH's resistance zone and now it's moving above Livermore's cylinder.
As I mentioned on last LTC's analyzes :
LTC broke the cylinder's higher line and now it's accumulating above it !
There is a expected retest on ATH's resistance zone also.
But major movement is extreme bullish and I expect a leg up around ~700$ level within 4 weeks.
Hope you enjoyed our analysis about LTC's possible growth🙌
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Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Already +100% done since our call ... congrats 💸We adviced people to buy LTC when it was under $200.
n when it came over $240 n just a huge correction happened made it crash till $207 again while people were panic selling we adviced the others to buy more it will reach $500 then $1000.
(link left below this article in the related ideas section )
Congrats to whom already followed us ✌
Right now nothing was changed, moreover we can say that we r on our correct way to the $1000 LTC journey as the week candle has just closed a full bullish engulfing candle at $390 which indicates for higher highs ...
Patience is the key !!
LTC/USD LONG SET UP (HODL) UPDATELTC/USD (LONG SET UP)
BUY AT- $225.00/ $205.00/ $170.00
Note- LTC will become bullish as bitcoin does
TP.1- $300.00
TP.2- $325.00
TP.3- $350.00
TP.4- $375.00
Support: $230.00/ $220.00/ $200.00/ $185.00/ $170.00/ $150.00-$140.00
Resistance: $245.00/$255.00/ $265.00/ $275.00/ $290.00/ $300.00/ $325.00/ $350.00/ $375.00
Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.
💡LTC: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021IMPORTANT TIP: CRYPTO Market IS AT TOP, On Weekly Timeframe BTC is Bearish . Still Alt Coins are Rising Continuously, Don't Know Where ALTS will take U TURN. Thts Why "I Request Please Invest Just 1-2% in Alts Whenever We Post Signals"
📈#LTCUSDT
➡️Entry: 250$
🎯Target 1: 282$
🎯Target 2: 330$
🎯Target 3: 410$
Litecoin turning on the Search mode!So as you could see in my previous LTC idea. I was expecting LTC to move to these prices.
All of my 3 targets below were hit!
What is this idea about?
Firstly I want to show you some comparisons between this and the 2017 bull market.
Then I will do some technical analysis on LTC in the short-term and long-term as well.
Later I will tell you my expectations.
2017 bull market vs this bull market
Litecoin was at 3 USD on 29. March 2017 and went to 362 USD on 19. December.
This means it did 8815% in just 265 days.
If I draw it from the very bottom. This year LTC went 1285% in 418 days...
The Crypto market got way bigger so don't expect these returns... but I think LTC might explode soon. (reason later)
LTC/BTC pair
If we have a look at LTC/BTC pair... we can see that it went from 0.003 to 0.02... This is incredible! Imagine holding 5 LTC equaled 0.1 BTC! And this wasn't even the top of this pair. ATH was around 0.03.
Right now we are sitting around 0.006.
On the chart, you can see the bearish trend we are about to break in a few days with some crucial levels where Litecoin could struggle a bit.
LTC vs ETH
Ethereum will outperform BTC these few months... That's a fact. BTC dominance is dropping (currently about 46%). ETH is the king of all ALTs.
Firstly BTC goes up... -> ETH goes up -> Big cap Alts goes up -> Small cal Alts goes up...
and right now it's Alts turn...
Look what's happening to Link, ETC, etc. (expecting LTC, DOT ADA soon)
If ETH outperforms BTC and LTC will start to outperform ETH... This means you can outperform BTC multiple times!
In a few days, we should be able to break this bearish trend and go up!
Technical analysis
So in a long-term perspective, We can see a nice channel and leads us to a new ATH pretty soon...
We could hit the resistance and see a pullback to the red area... But I am not selling.
I am expecting LTC to hit minimally 700-1000 this bull run!
In a short term
We are going to hit the resistance in a few days/hours.
There are few scenarios...
1. Breaking the trend and going to search mode! (green)
2. Bounce from the resistance and seeing a healthy correction. (blue)
3. Breaking the trend after the correction (purple)
4. Bigger correction! (red)
Basically, we don't want to see below this red area or below the support!
LTC going into Price Discovery! Just waiting for Litecoin to enter the price discovery phase. The expected levels are all marked on the chart.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
Litecoin LTCUSD- Potential Bullish scenarioThings to Note:
1. Bullish Market Structure- Printing HH and HL
2. Expansion in Volume
3. It may either BO and move to ATH OR Fall down to 240-250 level and then rise back up
4. Following a rough uptrend line
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
LTC/USD Price analysis 5/03(HODL)UpdateLTC/USD (LONG SET UP)
BUY AT- $290.00/$280.00/ $270.00/ $260.00
TP.1- $300.00
TP.2- $325.00
TP.3- $350.00
TP.4- $375.00
Support: $290.00/$275.00/ $265.00/$255.00/$245.00//$230.00/ $220.00/ $200.00/ $185.00/ $170.00/ $150.00-$140.00
Resistance: $300.00/ $325.00/ $350.00/ $375.00
The LTC/USDT pair is facing resistance near the 50% Fibonacci retracement level at $270.89. If the bears sink the price below the 20-day EMA , the pair could drop to the 50-day SMA ($224). This is an important level to watch out for because if it cracks, the correction may deepen to $168.
On the contrary, if the bulls successfully defend the 20-day EMA , it will indicate demand at lower levels. The buyers will then try to push the price above $270.89 and reach the 61.8% Fibonacci retracement level at $286.02.
This level may again act as stiff resistance, but if the bulls drive the price above it, the pair could be on track to retest $335.03.
LTC/USD Price analysis 4/28 (HODL)LTC/USD (LONG SET UP)
BUY AT- $240.00/$220.00/ $205.00/ $170.00
TP.1- $300.00
TP.2- $325.00
TP.3- $350.00
TP.4- $375.00
Support: $245.00//$230.00/ $220.00/ $200.00/ $185.00/ $170.00/ $150.00-$140.00
Resistance: $255.00/ $265.00/ $275.00/ $290.00/ $300.00/ $325.00/ $350.00/ $375.00
The LTC/USDT pair is facing resistance near the 50% Fibonacci retracement level at $270.89. If the bears sink the price below the 20-day EMA, the pair could drop to the 50-day SMA ($224). This is an important level to watch out for because if it cracks, the correction may deepen to $168.
On the contrary, if the bulls successfully defend the 20-day EMA, it will indicate demand at lower levels. The buyers will then try to push the price above $270.89 and reach the 61.8% Fibonacci retracement level at $286.02.
This level may again act as stiff resistance, but if the bulls drive the price above it, the pair could be on track to retest $335.03.
Looking at Litecoin LTCUSD Litecoin has undergone a nice run in the background
it is still yet to challenge its ATH which was accomplished in 2017
There should be more ATH challenges for lite coin in the future of this bull run (this year)
Litecoin will be popular within the payment space of cryptocurrency
Right now in this TA I see LTC forming a little H&S pattern, however if this theory breaks down continuation upward will occur, its just a bit of a strange formation
I wouldn't recommend betting against this bull market however, maybe just wait for the dip to add more
LtcUsd- preparing to pumpAlso in Litecoin case, the correction seems to be over, with the price not being able to drop under 200 important figure during the selloff.
Now LtcUsd is trading comfortably above 240 important support and I expect continuation to the upside once this consolidation is over.
Dips towards 240 should be considered a good opportunity for bulls to open long trades and, as a target, I'm looking to 350 figure
Litecoin Continuation, ScallopThe curve is an example of an ascending scallop
Once price reaches horizontal levels (horizontal line near top of curve) a breakout upwards can occur
Included patterns and relevant trendlines
Litecoin is a good one, great to hold for a long time in a portfolio
This is the daily chart for litecoin
believe it or not ... LTC still to $1000 !!check out out previous prediction for LTC in the related idea below ... it just moving on it !!
what happened that after breaking the diagonal dashed resistance line , price reached first target n then tested the same resistance line again as a support
and as we can see strong rebound right now which means that previous resistance flipped to strong support
nothing to worry about .... LTC still going to $1000 in my opinion
we maybe have another bearish scenario if a daily candle close below $164 other than that never sell
LTC short to 203
1) The five-wave Elliott wave series started on December 10th at $75 and ended at 337 on Apr 17th giving a good 4-month run-up in a beautiful 5 wave series, here are few confirmations why I think this is a 5 wave series:
a) Wave 1 started low at $70
b) Wave 2 is a zig-zag correction of W1 at 61.8% correction at $119
c) Wave 3 extended a little over 100% of Wave 1 to $246
d) Wave 4 is a zig-zag correction but sine Wave 2 is a longer correction, Wave 4 is a shorter correction ending around $153
e) Since Wave 1 & Wave 3 are short waves, Wave 5 is extended to 100% of the distance between the start of Wave 1 & Wave 3 i.e.(246-71=175) so Wave 5 started from $153 and went up by another $175 so total $153+$175=$328 (FIB 100% extension)
2) So, now we know that the perfect 5 wave Elliott series completed, what's next? I think it's going to be a BIG CORRECTIVE WAVE for the whole 5-wave series. Corrective waves are of three types Zig-zag, flat, and triangle correction, and the retracement can be at the following levels also touching the bottom of the long-term monthly channel coming from December 2020 :
a) FIB 38.2% - $234
b) FIB 50% - $202
c) FIB 61.8% - $171
e) FIB 78.6% - $125
I personally think that the market will retrace back to FIB 50% retracement at $202 before it picks back up again.
Appreciate everyone's feedback, happy trading
Litecoin, LTC - only in that case we'll grow...Litecoin looks not so bad as other coins. Price formed a clear local line. Only in the case, when LTC starts squeezing, I'll wait for a breakout and further growth.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade