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LITECOIN LTC USD Is About To Blow Your Mind PART 2!Hello again everyone, This is a continuation of my previous Litecoin analysis, the other one was getting really congested. If you want to see that one I will link it below as well. Here is what I think, this correction is almost over. Unless something catastrophic happens like a black swan then this should be pretty close to done. I thought that MAYBE the Israel Iran crap was going to get way out of hand but it seems to have fizzled out. Litecoin may come down and touch the trend line one more time before the rocket ship, thats not out of the cards. So we could see $65-66 dollars again. RSI on the weekly is Still bullish. Litecoin is actually holding its gains better than A LOOOOT of the other alts in this correction. Many Alts went back to the same lows they were at when Bitcoin was at 30-40k and some even lower lows. It looks like we are right where I marked on the chart. Moving averages are in same positions RSI is in a similar but more bullish position than the previous time. MACD is in the same spot. We're about to go straight up, I keep saying that I know but I mean it, its happening. Timing is obviously hard to predict but its going to happen. Also this is another theory of mine. Bitcoin has recently had a surge in people building BRC20 tokens, runes and ordinals are still going on its blockchain congesting the chain and raising fees real high. While at the same time the US government is going after Lighting networks and wallets. What happens when Bitcoin blockchain becomes so congested that getting a transaction through costs more than the transaction and it takes days to get there? A lot of Bitcoin maxis thought that Litecoin was junk because they had the hope that Lighting would be used on the Bitcoin blockchain. Well that looks like its probably not going to happen anymore. So what happens? Here is what is going to happen. People are going to get sick of the fees and the time it takes to send on Bitcoin. Humans being humans we will look for an alternative. The only other crypto that has been deemed a commodity and not a security CLEARLY without a doubt is Litecoin. Period. Litecoin will come in and save the day and more and more people will see the value in it as is already happening. Three or four months ago you wouldnt see crap on youtube videos for litecoin now they are all over the place and many BIG youtubers are beginning to get into Litecoin and are talking about it again. Litecoin adoption will skyrocket when the Bitcoin chain becomes just too congested. There is no other really good viable option for big money. ETH is in a lawsuit, XRP is a risk as well cause the lawsuit isnt completely over and then theres BCH which was 51% attacked so its too risky, and DOGE which no big money will touch because its extremely inflationary with no cap on supply. Big money wants security and stability and it has to have the blessings of the USA govt. so Litecoin will be the pick. The euphoric stage of the market hasn't even happened yet, just wait. My prediction for Litecoin hitting $10k-$15k is still on track. This next run I also predict that Litecoin miners will sell Doge and buy Litecoin similar to what they did before in the previous run selling Litecoin and buying DOGE. Im beginning to think that DOGE will not have much of a higher high this run, I think it may do something similar to what Litecoin did and have a slightly higher high this run while Litecoin blasts off and pulls a move similar to what DOGE did last run, which is coincidentally similar to what Litecoin did in 2017. All cycles my friends, they arent exactly the same but they are usually similar. I think in the future its going to be Bitcoin, Litecoin and everything else. Litecoin will be as popular as Bitcoin in the future mark my words people. Good luck out there my friends, I will update this as frequently as I can. Once my move is complete and office setup I can get back to more consistent updates. If you like my content then please Like this idea and follow me and this idea for more updates. NONE OF THIS IS FINANCIAL ADVICE THIS IS JUST MY OPINION.
COINBASE:LTCUSDLong
by Bitgolder
21
LITECOIN LTC/USD Is About To Blow Your Mind!Litecoin is repeating a much larger version of the run back in its earlier days as I show in the charts. This next move up in Litecoin is going to shock the entire cryptosphere. This is just looking at the chart and if the move repeats on a larger scale then Litecoin will probably be in $10000 dollar range. This might sound absolutely insane I know, it sounds crazy to me to but thats what the chart is telling me. Im not going to get into the reasons why fundamentally this is likely, if you want to go back into my other LTC posts I get into detail. Dont listen to the haters, they will be the ones to give us our blow off top while we dump on their chin.
KRAKEN:LTCUSDLong
by Bitgolder
385
Rebound or Breakdown?Dogecoin is exhibiting a downward trend within a well-defined descending channel, bounded by dynamic resistance and support lines. This channel formation highlights key levels for potential trend reversals and continuation. The price has reached the lower Bollinger Band, which often acts as an area of potential support. This proximity to the lower band could indicate a potential oversold state, warranting attention for a bullish reversal signal. Trading volume stands at 27.3 million, which is critical to validate any potential trend reversal. An increase in volume, particularly on upward price movements, would suggest strengthening of the market's bullish sentiment. The current price is trailing below the SMA value of $0.14735, suggesting that bearish momentum is prevailing in the short-term view. The MACD line is below the signal line with a negative histogram value, but the convergence of these lines may be indicative of waning bearish momentum. The %K and %D lines are in the oversold region, which can precede a potential price reversal if buyers enter the market. With an RSI figure nearing the oversold threshold at 32, there's room to anticipate a bullish reversal should the market sentiment pivot. The immediate support level is at the ascending dynamic support line, approximately around $0.14. Conversely, the dynamic resistance line and upper Bollinger Band near $0.158 are likely to act as the immediate resistance levels. Traders should monitor for bullish reversal patterns as the price tests the lower Bollinger Band and other oversold conditions. A confirmation of trend reversal would ideally be accompanied by an increase in trading volume. For those looking to take advantage of a potential bullish scenario, entry points may present themselves upon a decisive breakout from current levels. Keep in mind that any upward movement will face resistance at the upper levels defined by the descending channel. While the current bias remains bearish due to the price action within the descending channel, indicators such as RSI and Stochastic Oscillator suggest a potential shift in momentum. Caution should be exercised as the market decides its next move at these critical support levels.
by MonoCoinSignal
I don't see anyone else posting about ApeWifhat so I will!For starters my overall sentiment is bullish. I am a holder, but I'm not biased. If it never rises, I will be fine. Now to my analysis... This is a fairly new project that launched in March. It's currently consolidating but it had a strong bullish uprise then found its first all time low. Its currently in a downtrend and has found a solid area of support as indicated on the chart. We are possibly going to retest it soon but if we don't, than we may be in for a moon ride. Ive indicated a simple trend and support from the 4hr timeframe, which I think is crucial for predicting this so early. I think everyone should grab them some of this memecoin before all of the big whales come along and takeover. Just like they did with the others. I will post more on Ape Wif Hat soon but for today I kept it short and sweet because I had to get the party started. *Ps The community is big, strong, and active just like an Ape. Amazing team and project here with no false utility agenda. These are RARE! #apewifhat #memecoin apewifhat.net
Long
by itsmoty
2
DOGE - $0.30 Next Target, Elliot Waves📉Hi Traders, Investors and Speculators of Charts📈 Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): The DOGE fractal I've been following has played out extremely well, and so I will continue to follow this fractal: Since we have now completed Elliot Wave 2-3, we are seeing the corrective phase of 3-4. This means we have yet another impulse wave upwards to look forward to after the correction is completed. Fibonacci Ratio is useful to measure the target of a wave’s move within an Elliott Wave structure. Different waves in an Elliott Wave structure relates to one another with Fibonacci Ratio. Fibonacci Ratio Relationship • Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1 • Wave 3 is 161.8%, 200%, 261.8%, or 323.6% of wave 1-2 • Wave 4 is 14.6%, 23.6%, or 38.2% of wave 3 but no more than 50% • There are three different ways to measure wave 5. First, wave 5 is inverse 123.6 – 161.8% retracement of wave 4. Second, wave 5 is equal to wave 1. Third, wave 5 is 61.8% of wave 1-3 Therefore, if wave 3-4 does not retrace beyond wave 1 our next target price is around 0.33: The GOOD NEWS though, is that this could very well be a small part of a MARO cycle. I've previously explained that Elliot Waves can be like branches of broccoli - each wave makes up a part of a smaller or bigger wave, including ABC corrective waves in each impulse wave, as demonstrated by the front page chart. Previous DOGE idea where we first look at the fractal: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:DOGEUSDT
Long
by CryptoCheck-
5
$BTC bearish continuation#bitcoin price is declined hard from the top of the falling channel and 66600 #usd (getting more interesting) resistance zone. Now, #btc has weakened structure in short term. Chart formed bearish head and shoulder pattern. I expect bearish continuation with choppy moves , dead cat bounces etc. The target may the bottom of the channel 57 - 58K zone. Also there' s nice liquidations there. If #btcusd price follows this path, #altcoins will surely suffer more. When most of #altcoin prices retraces to their retest zone of 2023 October - 2024 march bull run, then i expect very favorable bounces from #alts there. We may see a minor #altseason when this happens. But i say "minor". Not financial advice. DYOR.
Short
by naphyse
Hold on DOGE, BTC going down!So… BTC is way over bought on lots of time frames, and is looking like a move down is inevitable. Oh… and didnt the Halving just happen? Isnt that supposed to make BTC go to the moon???? oh wait… i remember the last having…. Buy the rumor sell the news! Im bearish AF on BTC. Oh.. and I LOVE DOGE…. Heck, its the one coin that assimilates to man’s best friend… Dog’s show us unconditional love. Let’s do the same fo DOGE coin, and sure, the bearish pressure on BTC will result in people selling and moving to DOGE. Sit, Stay, Good Boy!
INDEX:BTCUSDLong
by DHLawrence
DOGE/USDT Trading ScenarioBelow is a scenario for the price movement of DOGE. After an impulsive rise in the price chart from $0.08418 to $0.22721, which amounted to more than a 171% increase, resistance formed at the level of $0.22721. Under this level, the asset is trading on increased volumes. Currently, the asset is trading at $0.16156, exceeding the Point of Control level that the price chart falsely broke through. Yet the price continues to hold above it. We can expect continued interest from traders and movement towards the resistance level at $0.22721. If the resistance level is overcome and maintained above, we can expect further growth.
by Rick_SimpleSwap
💎 DogeCoin (DOGE) - More Bullish? Let's see! (READ THE CAPTION)By checking the #DogeCoin chart in the weekly time frame (logarithmic), we see that the price is trading with more than 10% growth in the range of 16 cents, and by maintaining the support of the $0.124 range, we can expect the price to grow to higher targets! The price targets are $0.229, $0.35, $0.374 and $0.75 respectively! The expected yield of this cryptocurrency in the long term is above 300%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
14
Decentralization-- DOGEAltcoin temporarily halted its decline as BTC began to rebound, but many tokens are still below their prices half a month ago. Among all tokens, we discovered an interesting phenomenon. As a meme coin, DOGE's performance in April was stronger than most other tokens, close to BTC. As we all know, meme coin is not supported by the any protocols, but more by the consensus of the community. So when this happens, we guess that as an early meme and has reached the total supply, DOGE’s attributes are close to BTC. Relatively pure utility and high decentralization bring about price following for BTC. Judging from the indicators, DOGE has adjusted for three months after experiencing the first round of gains. And like most memes on the market, it started to rise again at the end of February. Just as the TSB indicator prompted a BUY signal on February 21, DOGE started a bull trend. During the rise, DOGE remained above the wavy zone, and bulls strengthened when the bar touched the key wavy line. DOGE currently continues to maintain a bullish trend. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
DOGE - Higher lows, and off we go!Hello! Consistent higher lows over the past 4 days.. that feels bullish! Looking for a retest of resistance around $.20…. And then the fun starts! Let’s go DOGE! Oh… dont mind BTC going over the edge of a cliff on the bottom right…. That should result in a massive move over to the coin of LOVE (doge) as everyone realizes the “buy the rumor, sell the news” applies to BTC halving, and the Blackrock ETF news… So im ready for a massive correction in BTC, an the prophecy says that will yield a tidal wave of crypto traders moving to DOGE.
GEMINI:DOGEUSDLong
by DHLawrence
7
LRC LOOPRING, IS THERE A PATH TO .75 I mean, yes. But it is low probability that it happens or even happens as shown. So the reason for the projection line, is to show how it "could" dip into the buy zone and potentially below allowing for a spring. It doesn't need to happen this way, but essentially these low price targets hitting would be good for an upside move. There are two short term trends, one of which just broke. The other is mid level support and can easily break in a "flash crash" situation, which then could easily see our low side numbers in the near future. Whatever is happening in crypto is happening soon, it will be fast, and if it is a massive dip, then the upside can be huge. Again, it's a matter of will the low price targets hit before the high price targets. I wish I had a for sure answer, but I don't. I have a guess, based on what I see chart wise, and it shows the buy zone hitting first (low side targets) which then springs us right back to where we are currently, and allows the steep climb up to the major rejection area. Summary, MOSTLY A CHART UPDATE to reflect some of the price movement. A potential path (guideline) don't follow, it's just a guess at best. Follow the price targets (horizontal) and trends. The last green trend is quite strong, and that also leads right to the buy zone. Why is it important. Current price to buy zone will lose you nearly 40%. Buy zone down to .1492 means that anything over .3 is 100%. It allows you a LOT of wiggle room. Again, everyone has a different strategy, and it's best to stick to yours. So, buying loopring to trade, you're holding off on this trend break, imo. The risk is high. Buying loopring to hodl, then you're probably going to slowly add more and more as the price targets on the downside start to hit. BUT WHAT IF IT GOES UP FIRST? Then if you're bullish on LOOP, you're probably already holding some, and you'll see profits. Congrats. If you're trading and miss some upside, there are like +700 other alt coins and thousands of stocks, you'll find the same percentage gain somewhere else. Don't chase to all time high and lose, when you can easily find another trade. BUT ALSO, watch for a spring on the low targets.
COINBASE:LRCUSD
by nicktussing77