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Litcoinbreakout

Litcoin Bull pressure increases, $84 coming? LFG!Buyers of LTC are presently encountering robust resistance around the $76 range. The upward pressure from consistently maintained higher lows is evident, suggesting bullish momentum. However, it would be prudent to anticipate a potential pullback once the price hits $78 and reacts to the minor resistance. Despite the likelihood of a reaction, there is a probability exceeding 60% that the bulls could persist and drive the price to the range of $82 to $84.
BINANCE:LTCUSD.PLong
by MachiavelliTrader
2
Litecoin $LTCUSD Target PTs 285-305 and higherLitecoin ETC to List on Deutsche Boerse Earlier this month, asset manager CoinShares launched a new physically backed Litecoin ETP on the Swiss SIX exchange. London-based ETC Group announced Monday it will list a physical litecoin (LTC, -1.27%) exchange-traded commodity (ETC (-3.88%)) on Deutsche Boerse’s Xetra market, based in Frankfurt, on April 14. The new “ETC Group Physical Litecoin ETC” product will be a central counterparty cleared exchange-traded product (ETP) and will track the price of the litecoin cryptocurrency. The litecoin ETC goes live on Wednesday and will trade under the ticker “ELTC” and have a management fee of 2%. The product is marketed and distributed by HANetf. “Litecoin has grown by 342% in the past 12 months and is the ninth-largest cryptocurrency by market capitalization at $14.6 billion with growing interest from institutional and retail investors,” said Bradley Duke, CEO of ETC Group. Earlier this month, asset manager CoinShares launched a new physically backed litecoin ETP on the Swiss SIX exchange. In March, the ETC Group listed a Physical Ethereum ETC on Deutsche Boerse’s Xetra market which tracks the price of ether (ETH, +0.14%).
Long
by BADQOMOCAWGOWLD
LTC/USDT possible inverse H&S Ltc/usdt Possible inverse head and shoulder this pattern is bullish but not enough I put analysis days ago about best buy area of LTC one of them after break of 52$ This pattern help and confirm past analysis See here my previous idea about ltc : We will buy ltc only if it break and closed above 52$ on 4h candel or daily candel This trade is very low risk one because around 52$ is strong resistance multiple times rejected the price before ..once break I expect ltc will fly And stop loss should be close again below 52$ If you search for low risk high reward trades this is one of them Targets (take profit targets ) are shown in the chart
by Babenski
LTC (Prj.Y19.P2.E4).MACRO.TrendIt seems as if LTC is following the BTC cycle (3rd Cycle since it started). Many have said in the past, that LTC seems to be ahead of the trend for BTC. Points of observation: On the WEEKLY chart : LTC is heading towards a major resistance, the 21 EMA while sitting above the 0.786 retracement. On the DAILY chart; LTC is heading towards the 200 EMA (resistance). Like BTC, the MACRO formation resembles BTC in terms of BEARMARKET, followed by 1st parabolic advance and moving towards stage 2, another minor parabolic advance. (refer to my previous posts about the BTC macro trend). I also have it as per the chart, that we moving away from the downward channel, represented by a break in the trend line, and moving into the upward channel with a clear line of the botton support of a macro symmetric triangle. Note the fib.circle (red ring) breached which was a major resistance. And how confluence occurs at key fib. retracement levels. Thoughts: I envision, like BTC that LTC will try to hit the ATH for this year but will fail. We will need to see when an open and close daily candle passes the daily 200 EMA. If it passes it this month, then I see LTC making another attempt at the top ($140) price or less. If it passes it later in December, then I see $101 being the target before the accumulation phase as per the charts. These are my initial thoughts and I will see which of the 2 scenarios eventuate, to make the decision to go long. Obviously I will compare with the BTC pairing chart, before I go long, otherwise continue to short. Please give us a thumbs up\a like for sharing. Cheers, S.Sari\CryptoProspa DAILY chart (coinbase) WEEKLY chart (coinbase)
COINBASE:LTCUSDLong
by ssari
Litcoin Buying opportunity. LTCUSD In Daily Charts we see the ascending triangle pattern. I think Taking entry now is Bid Risky But there is the best Risk to Reward setup 7% Riska and 27% Reward this is only for the Risk taker First target at $ 101-second Target at $125. For Non-Risk-taker wait for Market Break upside of Ascending triangle pattern. Target is $125 After Ascending triangle pattern Break upside. An ascending triangle is a chart pattern used in technical analysis. ... Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.
COINBASE:LTCUSDLong
by Make_Money_Guru_Bitcoin
1
Litecoin LTC/USD - Too early to rave, here's the planAmong all other cryptocurrencies, Litecoin (LTC/USD) has been doing pretty well, lately. So, is it time to buy yet? For all my enthusiasm, I'd say, no. In my opinion, it's too early to rave and become euphoric. That could still be a feint, a false breakout. I would wait until MA has crossed 120 MA 200, and then buy the first pullback to MA200 (see yellow circles on the chart). Just sharing my current view. This is not a trade recommendation. Always use your own mind to decide for yourself. Take care.
BITFINEX:LTCUSD
by ReallyMe
1