Why Litecoin is my #1 pick right nowObserving the price action between the two vertical blue lines (the '20 to '21 bull cycle), and comparing to the trend based fib extension levels on the left, we have a blueprint for the fib levels that LTCUSD responds to. At the .236 fib, a 24% pullback. At the .382 a 36% pullback. At the .5 a 38%
LTC Could Be Gearing Up for a Massive Wave 3 post 1-2, 1-2 Litecoin (LTC) appears to have completed a 1-2, 1-2 wave pattern, a classic bullish setup in Elliott Wave theory that often precedes an explosive move.
This nested formation signals strong internal momentum, where both the higher and lower degree structures are aligned for upside. If the count hold
Is Litecoin a free ride to $400?Taking a look at what I believe may be the most undervalued asset in the market as it has broken out of a trend line and is headed towards another test of a monthly level. This level has proven multiple times to be very rewarding. I think this may end up being one of the easiest trades in the market
Litecoin H4 | Bullish bounce off 50% Fibonacci supportLTC/USD is falling towards the overlap support and could bounce to the take profit
Buy entry is at 101.85, which is an overlap support that lines up with the 50% Fibonacci retracement.
Stop loss is at 97.43, which is a pullback support that aligns with hte 61.8% Fibonacci retracement.
Take profit
LTCUSD corrective pennant support at 1,070The LTCUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1,070 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1,070 would confirm ongoin
LTC: Bullish Structure Intact Above $104.3 SupportFenzoFx—Litecoin swept liquidity below $107.0 during today’s session and is currently trading near $110.0, supported by a descending trendline.
Technically, key support stands at $104.3. As long as this level holds, the bullish outlook is preserved. A break above the descending trendline could prop
LTCUSD H4 | Bearish reversal off pullback resistanceLitecoin (LTC/USD) is rising towards the sell entry that lines up with the 23.6% Fibonacci retracement and could drop lower.
Sell entry is at 110.45, which is a pullback resistance that aligns with the 23.6% Fibonacci retracement.
Stop loss is at 120.08, which is a swing high resistance.
Take pro
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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