Ltcusdtbuy
Litecoin Is Ready To Fly 🚀📈 LTC | Potential Upward Movement
💡 Buy Limit Order @ 167.30
🎯 Target Profit 182.13
🛑 Stop Loss 161.69
❌ Do not risk more than 1% of your account on each trade
Description:
The price succeeded to break the bullish flag formation to the upside. A lower correction might be seen to the strong support around the 167.18 USD mark. This will lead to the end of the correction and a move upward to the target profit.
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LTC/USDT : 2 major factors that makes LTC ready for new ATHBINANCE:LTCUSDT
Hello everyone 😃
There are two important factors that makes LTC extreme bullish for next month !
1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART.
2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase.
As we mentioned on our last analysis about BTC and ALTs; this month will be great opportunity and now LTC is one the coins that have enough potential to over perform BTC...
1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART.
Recently we recognize that LTC movement is so similar to LIVERMORE's cylinder pattern; Now we passed the accumulation points and next point will be at profit zone !
So now; What is LIVERMORE's CYLINDER PATTERN ?
Jesse Livermore was a speculative trader who based his investing decisions on the price action rather than on the stocks fundamentals.
Jesse was from the first halve of the 1900s where the market participants of the day had little understanding of the fundamentals.
Their investing philosophy was gambling oriented and they simply speculated on price increases.
📌 Based on LIVERMORE's chart; LTC will have 3 more highs in incoming months.
However LIVERMORE's chart was based on traded volume but we can calculate the average direction of it !
2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase.
On monthly timeframe; LTC/BTC have a same scale of movement on 2017 !
Last time that BTC underperformed LTC pair rallied up to 580% in 3 months...
Now BTC is underperforming LTC again !
We expect another aggressive push in next month on this pair and so; We might see same result on USDT's pair.
Hope you enjoyed our analysis about LTC's possible new ATH🙌
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Attention: this isn't financial advice we are just trying to help people on their own vision.
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@Helical_Trades
LTCUSDT Look Bullish!LTCUSDT (4H Chart) Technical Analysis Update
Waiting for the Resistance Breakout
LTC/USDT currently trading at $245
Buy-level: Above 248 (only buy if 4h candle closes above 248)
Stop loss: Below $216
Target 1: $275
Target 2: $300
Target 3: $325
Target 4: $350
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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believe or not .... LTC TO $1000 in that caseLTC shows strong bullish ascending channel so far and strong support , faced resistance $250 before n wouldn't able to break it .
once we close a week candle above $370 so we can predict $1000 easily
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LITECOIN Parabolic move - Will it reach 330.00 level (.786 Fibo)LITECOIN
On December 2017 year end Litecoin has visited the high level around 430.00 And seen a rapid selling from that level and the earlier 2000% gains were wiped out entirely and it has started its upward journey In 2018 December as we can see
the cycle repeats itself during the year end as its pumped around 500% which is a 25% of the previous year end jump.
And from January month onwards its again started to falling towards 25.00 level. And we can see that 25.00 level has acted as strong support for the bull. Since end of 2019 this level has not breached and bear failed at this level.
From October 2020 the parabolic move has stared and its still running and its has managed to reach 2019 high level which is 145.00 level and even LTCUSD has managed to break this level and the retest has also happened and went above the .382 Fibonacci retracement level. The next major key testing ground was 0.50 Fibonacci level comes around 220.00.
From this level we can see a profit taking scenario might happen and we can expect short term fall back towards 0.382 Fibonacci. If that happened it would be a nice buying opportunity.
The 50,100,200 EMA's are acting as good support for the bull and Ichimoku cloud is also supporting the bullish trend . In Bollinger band it has reached around upper side of the band short term fall back towards middle band was expected.
Disclaimer!
This is not a financial advice
Major Double Bottom LTCUSDTHere we can see a major double bottom forming on the weekly timeframe
For this setup, I am waiting for a retest of that kneckline at 146.20 where I will enter
Also could buy on the intial break with TP at the first resistance highlighted where I would expect the breakout to reserve, the retest, succeed and push on
Keep this one saved as could be ready to play in the next week or so if LTC continues its good progress!