LTCUSD Is a Good Bet Right NowI saw this in a prior analysis but thought I would elaborate a bit.
The horizontal in 2017 was a period of low volatility, extremely low. But it was a great place to buy. Price pumped to about $300.
The horizontal seen today shows low volatility again, on a grander scale. Can the pump points be compared?
As digital currency enters the mainstream Litecoin will win in this setting.
LTCUSDT
Mimblewimble, Litecoin's newest network Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022
We look at the logarithmic chart
LTCBTC is trading near the lower support line of the descending channel, against the backdrop of good news, I expect a rebound to the middle line of the channel, and possibly even to the channel resistance line.
Current LTC price 70$
Best regards EXCAVO
Litecoin Hits A New High, Continues Aiming Towards $100Today we see Litecoin still pushing higher with a new high and the highest price hit since May this year.
Trading volume is also high today which tell us that this move is real.
Previous analysis | Dec. 2 | Litecoin Still Trades Above EMA10 | $100+ Still Possible As ...
Additional details, support and resistance levels, can be found mapped on the chart.
Namaste.
Litecoin (LTCUSD) Testing 1.5 YR+ Downtrend ResistanceLitecoin is breaking out above a major downtrend resistance connecting the May'21 and Nov'21 highs. The last pre-halving rally began roughly 7 mo before peaking (Jun'19) 2 mo ahead of the Aug'19 halving. If LTCUSD behaves as it did last cycle, w/ the next halving occurring Aug'23, and the pre-halving rally ending ard Jun'23, the 7 mo pre-halving rally has likely begun.
BINANCE:LTCUSD
LTC scalp tradeHere are two positions you can get into. If you decide to open a position with $100 margin, divide it into 30-70 to minimize the loss.
I used volume and price action to find out this area and I expect a slight reaction as the last time price touched this area, it pushed the price down strongly.
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Nothing in this video is a financial advice.
LTCUSD Climbs into Weekly Channel Litecoin has seen a early move with price climbing into the midst of the Gaussian Channel on this Weekly timeframe
This allows price to form a strong wick/candle at the bottom of the channel as price continues to move upwards
Ridiculously good buy when considering the Monthly of this chart aswell
Litecoin Still Trades Above EMA10 | $100+ Still Possible As ...After 9 days of a new high being hit, Litecoin (LTCUSD) still trades above EMA10.
This is a possitive signal.
This signal is telling us that Litecoin is strong and undergoing bullish consolidation.
On a stronger correction, the 0.618 Fib. level can be tested at $68 or the 0.786 at $73.
If Litecoin continue showing this type of strength, it can resume its bullish move in a matter of days.
Even with a major correction (blue arrow), Litecoin would still remain bullish while aiming for a new high at $100+.
Namaste.
LTC/USDT LONG SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this LTC/USDT trade update.
LTC looks good here. Breaks out from the symmetrical triangle in LTF. Expecting a 15-20% pump from here.
Entry range:- $76-$77
Target1:- $80
Target2:- $84
Target3:- $88
Target4:- $94
SL:- $73.4
Leverage:- 5x-10x
Long some now and add more in the dip.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Litecoin Long-Term Analysis (277% Potential Mid-Term)Do you remember the Dogecoin weekly analysis I shared recently?
It is a long-term analysis and I mention it because we have something similar here.
Notice the falling wedge/downtrend on the LTCUSDT chart.
This downtrend bottomed in June 2022 and then Litecoin enters a consolidation phase.
Exactly what we saw with Dogecoin...
After the consolidation phase comes the bullish breakout.
The bullish action seem now on the LTCUSDT chart is only the beginning, there is so much more to come.
We prepare now, forget the past.
Forget any mistakes, learn from them.
Money lost is money gone.
The market will provide many opportunities.
We can take advantage of those.
When the market is in a bearish cycle our capital dwindles.
When the market enters its bullish phase our capital grows.
In the near future, the question won't be about bearish or bullish, it will be about maximum profits, making the best decisions and planning is the best tool we have for optimum results.
Plan ahead my friend.
Start thinking of your strategy yesterday, even before today.
It has been a strong and long bear-market, we will have a massive bullish market next.
When you see lots of panic, disbelief, depresion and bad news all across... You know the bottom is already in, if not in very close
When you see pictures of rocks selling for millions of dollars, you know we've reached the top.
I'll be here sharing the charts for you.
I hope you can bless me with your continued support.
Namaste.