Ltcusdshort
Litecoin Long Idea LTCUSDIdea for LTC
Similarities can be seen within 2.618, this may lead to a very sharp movement up (c)
A move like this would smash the fib ring of 2.618
Two point comparison
Areas in green circles or ovals are support areas, red circles / ovals are resistance areas
Fib waves Idea attached which I think is relative to the movement within 2.618
LTC/USD - More Room For Down Before UpWhat I've charted out is the 5 wave subset movement of a greater 3 wave. Markets often reward patience. I believe there is more room for downward movement and the opportunity for better entries before starting the greater 5th wave up. Safe entry target of $125-$150 with final PA target of $495 around the 1.618 extension.
Litecoin - $165 target hit. What next?Follow me to receive more updates on this pair.🤙
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Here is a confirmation of the post I made earlier on LTCUSD. Take a minute of your time to check out the idea.
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Litecoin - To sell to $165A trendline breakout occurred at $212.916 with a pullback in play. After the pull back is complete, I expect litecoin to short to $165.
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Litecoin Buy setup, Long to $229As seen on this chart, a trendline breakout and retest has occurred, therefore giving a signal to go long to $229.
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Litecoin- Can this be where ltc is eventually movin to, at $370?As seen on the chart, here is a double bottom pattern (the W pattern).
Here is a weekly chart. As seen on the chart, price reached $370 on 18th December 2017, came down to $25.619 on 3rd December 2018.
Price left $25.619 and went to $147 on 17th June 2019.
On 9th March 2020, price was back to $25.619 again, broke the resistance line on (28th December 2020) and turned it to support which signals a double bottom pattern.
Since then, price has been moving high, most likely to $370 again.
Therefore, I expect price to break $229 first, followed by $314, $348, and hit $370 to complete the double bottom pattern.
Watch out🔥🔥
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LTC - BULL vs BEAR Bull vs bear
Bull: Price finds support in Ichimoku cloud and breaks up back through the pennant
Bear: Price continues downward to support at $163.2
- Price broke pennant
- Macd down
- Death cross
- Volume dropping
As always let me know what you guys think will happen (:
''Buy Big Sell BIGGER'' - MegaWhale
Litecoin - next possible moveThis is the result of the post I made on 9th February, 2021. Take a minute to check my page for it.
Right here, we can see the market in a double top, forming the M pattern. Watch out🔥
Thank you for reading.
What do you think?
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Trading Involves High Risk⚠️
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Litecoin - Buy or sell?What is the market going to do? is it going to sell or buy?
Let's wait and see.
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LITECOIN ADAM AND EVE PATTERN!!! BULLISH ADAM AND EVE PATTERN!!
- Projected potential target = same height from base to resistance of adam and eve pattern = %611
- projected long term target $1050 usd
let me know what you all think, is a $100 billion market cap possible for this coin?
''Buy Big Sell BIGGER'' - MegaWhale
Don't bet against the chickenThe blue box is where price will head to next, then potentially sooner than expected it will rocket.
LTC is BTC 1 cycle behind 1/4 the price, the UTXO confirms 70% of the circulating supply going back 3 months to over 5 years have been accumulated.
These trendlines will be important, the top ones may not hold any longer after this and the bottom may get moved up.
LTC/BTC has been setting up for quite a while maybe next month or march/april perhaps the longer the ratio coils the higher USD value LTC will become.
Waiting for 8/1 break out for new all time highs, quite literally any month now.
LTC/BTC has a bigger Gann Fan pattern which leads me to believe the LTC/USD breakout will be biblical when the ratio and the USD pairs break the 8/1 Gann Fan
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
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