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Ltcusdtlong

Litecoin (LTC) - Is this not Bullish or What?Last week I had posted a LTCUSDT chart outling the massive cup and & handle pattern Litecoin was forming which has since broken bullish. While are are up $50 since, I think it still has quite some way to go. A reasonable mid-term target is $360 to test the previous all time highs. Litecoin thus far has been one of the few coins that have yet to broken it's previous 2018 highs. We had Bitcoin break it's first, then Ethereum, and then Cardano & Binance. It's very probable that Litecoin is the next in line. If you think the LTC/USDT looked bullish, LTC/BTC chart looks even more bullish. It has been in a massive weekly descending triangle that has gotten extremely tight. Furthermore the last few months we been seeing increasing volume (sign of accumulation) anticipating this break out. On the fundamental side, Litecoin is also about the release it's long awaited Mimble Wimble update, a project that they been working on for around 2 years. With Mimble Wimble, Litecoin will not only be just a faster and cheaper version of bitcoin, but also have the option to send payments confidentially. This should provide additional fuel to go further. In fact it wouldn't surprise me if Litecoin shoots pass $500 once it decides to move. The caveat is that the overall crypto bulllish sentiment remains intact. As we seen before, if Bitcoin dump pretty much everything else goes with it. But if you are bullish Bitcoin and crypto; Litecoin is my number one pick.
Long
by Coindicator
[30 Mar] Litecoin Retesting Y2018 Price LevelLitecoin's BULLISH strength remains as we managed to see several crucial rejection followed by a strong BULLISH climb. As of now, I am expecting a breakout in price level from its recent top (yellow circle). Having said that, I am eyeing a 361.8% fibonacci movement while taking note that there is a strong resistance level @277.45 price level. At which, I believe that there will be some BEARISH pressure on Litecoin. If we managed to see a clean breakout of that level, I am expecting Litecoin to skyrocket (breaking its all time high). I will like to let you guys know that YGForex will be working towards providing cryptocurrency signal here for all of you guys. I will update daily and share my thoughts on it. This is provided we have opportunities to enter. Do follow our signal at your own risk. Do also keep in mind that we are not providing any professional financial advice. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Long
by YGForex
1
LTCUSDT Going for Another BreakOUT ?? 🚀Hello Fellow Crypto investors and Traders 📈 Surprisingly a good weekend went by, not much of dips. Off to a good week-start with BTC well above $50k LTC move above my EMA trend line gives confident upward attempt Wait for another candle open above it to confirm trend RSI looks good on the upward ride Promising uptrend shape emerged. Higher-Highs as seen Made two good attempts at the Resistance area, $194-$196 The next attempt will shoot through it. Couple waves before we break it . Not much of difficulties above that region Hoping BTC keeps its game tight at $50k and above will help a lot Any downward BTC move will push LTCUSDT towards Support area breaking the trendline Keep your eyes open 👀 Follow 🚶 Like 👍 Share your thoughts !
Long
by CryptonKidd