$LTC618 fib level now with descending triangel with rsi divergence is often a nice signal. making 222 as support and breaking out of triangel formation could be a nice signal.
Ltcusdlong
In Lite of a consolidation LTC/USD has returned to the .618 golden fib ratio at 219 USD
Confluence in the form up uptrend support and the liveliness of altcoins such as ALGO bodes well for a tailwind among other big caps; such as, Litecoin and Chainlink.
Anticipating a bounce up to 250USD to grab some liquidity before the next pullback
1ST SUPPORT: 218
2ND SUPPORT: 202
1ST RESISTANCE: 250
2ND RESISTANCE: 265
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LTCUSD - Long Trade Idea -back to 237LTCUSD, Buy, 15m
Entry - 227.00
Stop Loss - 224.00 (30 pips)
Take Profit - 237.00 (100 pips)
Litecoin, buy or sell?BITFINEX:LTCUSD
If Bitcoin is the analogy for "gold", Litecoin is the analogy for "silver", now the fundamentals of the Litecoin suggest to buy or sell? My latest research shows that the Litecoin factor can explain 88% of the the logarithm of Litecoin price.
The Litecoin factor indicator is calculated by Litecoin fundamental factor, it can reflect how much of the Litecoin price is supported by the fundamentals.
The green line is the Litecoin factor in the chart, the trend of it are in conformity with the price.
the orange line is the correlation coefficient between the Litecoin price and the Litecoin factor in the 8 years, its value in November 16, 2021 is 0.86, shows that the Litecoin prices are mostly by the Litecoin factor influence.
Yellow line is Litecoin forecast price, the Litecoin factor, and the linear regression method are used to calculate. You can see, the prices fluctuating around the predicted price, it is in line with the principle of price fluctuates around value.
The purple line is determination coefficients (R2) of 8 years logarithmic Litecoin predicted price, which represents the prediction accuracy, the value of 88% on November 16, 2021.
The blue line is factor indicator, which swings between -1 to 2, red background when early warning index greater than 0.8, the price in the peak, said green background when factor indicator is less than -0.6, the price in the trough.
On November 16, 2021, the factor indicator of -0.82, is near of -1, shows that the Litecoin price is near of the trough.please pay attention to the buying chance.
Do you think you should buy or sell Litecoin now? Please comment, we communicate each other.
LTCUSD Nowhere to go but UPThe convergence of circles puts Litecoin in a very awkward spot, in which price needs to go somewhere, so naturally it moves up out of the wedge the circles have placed the price within
This is on the point of a very large major trendline, which is also a very good bull sign
LTCUSD - Long Trade Idea - back to 280LTCUSD - Buy, 15m
Entry - 272.50
Stop Loss - 270.00 (25 pips)
Take Profit - 282.50 (100 pips)
ATH incoming but this time we go much higherWe hit all time high the last time, let's do it again but target higher.
LTCUSD - Long Trade Idea - back to 270LTCUSD, 15m Buy
Entry - 259.000
Stop Loss - 256.500 (25 pips)
Take Profit - 271.00 (120 pips)
looks like a bull flag!!! lets see its a big probabilty to rise!!!
LTC to the moonLTC has bounced up from support @ 259.5 using Aspen Trading Support & Resistance Levels.
It has moved closer to the resistance level of 287.5 and a move above this level can lead to further upside.
Please like, share and follow if you agree with the analysis.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
Litecoin / Dollar 🔥 on daily chart🚀Hello - hello! How are You? I'm fine😉 BTW, Litecoin is one of my favorite coin, did You know that?
Its main feature is that (until today) it is growing more slowly than it is falling🤣🤣🤣
But I continue trading it and believe in it💪 Don't tell me it's a dead coin!🤫
And the meme is relevant🤣
Thanks for staying with me
Always sincerely Yours
Rocket Bomb🚀💣
Litecoin | $270 and $330 - maybe tomorrow?👋Hello Traders!
📈 # LTC formed a strong upward pattern "Triangle" (MN1 and W1). Today it broke the first level of $215. To move towards his goals of $270 and $330, he needs to break through the last level of $232.
Who buys with us? 🙃
✅ If you like what I do - put 👍 and subscribe ❗️
❓ I would be glad to see your comments, what do you think about this?
DISCLAIMER:
This idea is not a trade recommendation, it has an informational purpose. The trader independently analyzes and decides whether to use this information.
LTCUSD - Long Trade Idea - target 260!LTCUSD - Buy, 15m
Entry - 249.500
Stop Loss - 246.80 (27 pips)
Take Profit - 259.500 (100 pips)
a bullish flag pattern see on the chart.. its a big probability that LTCUSD continue to rise
Litecoin- Possibility of 30% riseAfter confirming 140-150 zone as strong support, Litecoin has risen also in October and has reached 200 zone resistance.
A correction followed and new support was formed at around 175
At this moment LtcUsd is trading again in 200 zone resistance and a break looks imminent
As long as 175 support is intact I'm looking for higher prices and 260 resistance is my target
In my opinion ltc can be great for daily trader Whatch it and if u agree with me,buy it and wait for good benefit
Litecoin Dominance Bottom (LTC/BTC)Litecoin dominance has not been this low since March 2017!
We could see a massive move coming for LTC if history repeats!
Haven't seen this TA done yet, looks like we're close!So I was looking for a few hidden LONG term trend lines that made the most sense with price action and here it is. I haven't seen this particular one done yet so here it is. Ready to go up ya'll.
LongHello guys, we are moving on a long-term channel. If we manage to cross the midline, the next goals are available, but the point is that LTC is very slow.
#signal
#LTC
#LTCUSDT
Spot( Midterm)🌟
Enter : 208$
Target : 2.38$
Target : 300$
Target : 386$
Stop loss :186$
Daily Close In : 186$
LTC ANALYSISLTC will have good ascending trend and LTC lovers will be happy , So wait and enjoy the chart !
To 4h time frame we can see heed and shoulders it means LTC go up .
First TP 220 and next 240 .
Have a Good time :)
UPDATE - Looks like LTC is trying to break out...I'll need more volume and upward momentum to be convinced of a full-on trend change but from my last post it looks like LTC is trying to break out of what appears to be a diamond bottom on the BTC/LTC ratio. MWEB is coming so hopefully that will catalyze buys at this potentially pivotal point. I've been in the crypto and LTC space since 2017 and although a lot of people peg LTC as a legacy coin, blah, blah, blah, I know what she can do. If my instincts are right, we're in for a newsworthy and profitable run. See you all on the other side! ;-)
LTC looks perfectEntry price ( 190-195 )
First target = 244$
Second target = 411$
Third target = 500$
SL = close daily candle below 189.5$
LTC has a long way to go LTC/USD chart shows a possible uptrend it might be slow to achieve this but believe me it’s worth holding, the candlesticks seems to create a zigzag movement towards uptrend, the level of support is strong to an extent. Let’s see how it goes
LTCUSDT - HIGHLY PARABOLIC MOVES POTENTIAL !!LTC is moving slow & steady , has break its falling wedges moves nicely a step at a time. A really good Fundamental coin that many has forgotten & miss out, but not for the whale that has been accumulate it since the last crash. Big Hopes on LITECOIN !!! #TAYOR #NEW ATH
