Litecoin (Cryptocurrency)
Pre halving potential ROI for LITECOIN Today, I wanted to show similarities between the last halving and this one.
If we were to get the same ROI that we saw in 2015 and 2019, that we saw 6 months leading up to the halving, we could see a 200-300 LTC by the next halving 8-2023.
We closed above the POC, momentum is moving up.
The only thing I do not see yet is volume coming in.
I also do not know what LTC will do if BTC keeps tanking.
Let me know what you guys think and please like, comment and follow!
Thanks and God bless.
💲Litecoin Heading For $85💲💲Litecoin Heading For $85
💲Litecoin, in my opinion, has really strong potential for growth in the coming weeks.
💲Comparing it to other cryptocurrencies, it stands out very positively.
💲The technical environment is very supportive of the upward perspective.
💲In my opinion, we are facing the next wave of growth on Litecoin.
💲The support zone is located around the fibo level of 0.5 of the entire upward wave from the bottom to the current peak.
💲I set the resistance zone near the recent peaks.
💲The scenario I am playing out is the start and continuation of a new upward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Litecoin forming Bullish Pennant on 3 month chartthis is a very large time frame 3 month, so this could take years to reach tarrget price.
we hawe 3 touches on trendline (the rule of 3) and allso volume is going down.
Pennant usualy make a false break to the down side, what is even more bullish, because it leads to higher momentum when it breaks up.
Please tap on a like button and coment below.
Happy new year 2023
Wait till it drops here before you buy!As LTC long term investor you've gotta wait for it to drop below 50 and then wait till price gets back here with a strong bullish candle. So far we can see it's clearly drawing a head and shoulder pattern which if complete will make price drop further but legendary support for LTC it's 50 so wait for bullish set ups when price comes back to this point then potential target would be at about 70 yay so wait and see!
LTC SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LITECOIN, Triangle Completion Points to Further Volatility!Hello Community,
as the year of 2022 is coming to an end the market shows up with important structures and developments that are necessary to watch and in this case there are coins in the market showing opportunities to move forward with. It is always necessary to look at the cryptocurrencies in the market with an increased pump potential in the market which other cryptocurrencies in the market do not show. In this case I detected a crucial formational structure developing in Litecoin with a determining potential to watch out, especially in the next times.
As when looking at my chart we can watch there how Litecoin recently completed this main ascending triangle formation with a breakout above the upper boundary and now Litecoin has come to an important point in the structure here as it is trading above the point of control marked in red within the volume profile in my chart, this is the point in which the most volatility is staying and as long as Litecoin holds above this area it is a good level and setup for further continuations to move forward with.
The longer Litecoin stays above this area and builds up as it is seen in my chart the stronger the preceding breakout and volatility continuation will be and once Litecoin also broke out above the upper boundary of the confirmational triangle this will be a setup from where Litecoin is going to accelerate heavily and activate the target zones seen in my chart. Once these targets have been reached it will be central on how Litecoin approaches the areas and if the volatility is high or not, in either of these scenarios further assumptions can be made.
In this manner, thank you everybody for watching. Let's move forward together.
The information provided is only educational and should not be used to take action in the markets.
LTCUSD Will Move Lower! Short!
Hello,Friends!
In this market situation, I am looking at multiple indicators
And I can see bearish momentum accumulating on the pair right now
This sentiment makes me bearish biased and I am considering a short!
Like and subscribe and comment my ideas if you enjoy them!
✅TS ❕ LTCUSD: the fall✅✅ LTC rested on the level.
The price has already bounced down from it.
I expect the fall to continue.✅
🚀 SELL scenario : short to 60.🚀
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Remember, there is no place for luck in trading - only strategy!
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