LITECOIN - Still our favorite to buy right now (after BTC)Our Litecoin Big chart for your friends. We had a private idea for our clients and it has been going really well. Time to share our chart with you
Litecoinprediction
LTC/USD STRONG BUY - Long Litecoin seems to be waiting for the next bull run after a small correction. Unlike Bitcoin and Ethereum, indicators are not in bearish divergence, and we can reach the next resistance around $145. But be aware because of the Christmas holidays and the end of the year.
LITECOIN - Intraday Update - 12/09/20 (Short-term) LITECOIN - Intraday Update - 12/09/20 (Short-term)
Outlook : Expecting LITECOIN to recapture its $93.00 high and beyond. Breaking above $86.89 is the next upside objective for the bulls. (Fist a Bullish Evidence)
Analysis : The break above $93.00 signals the second wave consolidation is complete, and the move puts LITECOIN back on track to challenge the next upside hurdle. The bulls are in control while $64.30 - Wave ii - stays intact as support.
Bottom Line : A third wave rally is in its early stages. Subdividing higher within wave iii of (iii)
Note : Prices can vary between LITECOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
LITECOIN - Intraday Update - 12/03/20 (Short-term) LITECOIN - Intraday Update - 12/03/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
LITECOIN - Intraday Update - 12/03/20 (Short-term)LITECOIN - Intraday Update - 12/03/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
The bearish alt: count.
Bottom Line: The alternate count, is the Bitcoin may correct in a wave ((2)) minor. A more bearish possibility is that wave (C) is developing as a zigzag and will make a new low under 79.84, before the rally in wave ((3)) begins.
Litecoin Currently in Ascending If break Upside $96Litecoin Currently in Ascending If break Upside $96 and if rejected than $74
Get Ready For Next BreakoutHey friends, hope you are well and welcome to the new update on Litecoin.
In my previous posts I have showed two movements of the LTC coin one was the bullish BAT on daily chart.
Another was a big descending triangle on weekly chart.
And as per prediction the price action finally the priceline took a powerful bullish divergence from the potential reversal zone of BAT and broke out the resistance of the triangle. This move was more than 56%.
Movement in up channel:
Now on daily chart the priceline has started its move in an up-channel. At the moment the price action of LTC has reached at the resistance of this channel. In the meanwhile, the price action has also broken out the 25, 50, 100 and 200 simple moving averages and using 25 SMA as good support.
A new move in a symmetrical triangle on long-term:
Now on long-term weekly chart the price action has started a new move in a descending triangle. The formation of this new triangle was started in Feb 2020. At the moment the price action has reached at the resistance. If the price action will not be able to breakout the resistance this time then it may retest the support of this pattern. The 50 SMA is already at the support therefore there will be less chances of breaking down the support level. However, whether the priceline breaks out the resistance in current attempt or after re-resting the support the next target could be $100 (as per measurement of tail of the triangle to the support and placing this measurement at the tip).
Conclusion:
We have very strong supports at the support level of the triangle, however, if you are trading LTC on short term then you can set your stop loss at the support of the channel on daily chart. And if you are trading this coin on long term then the stop loss should be set the support of the triangle and the 50 SMA on weekly chart. Because the support of this triangle is the basic market structure for the price action on long-term if it will be broken down then a long term- bearish rally to the downside can be started.
Litecoin Hit My Both Targets My Next Ltc Target is $75My New Liecoin target is $75 and if rejected at this $67 Resistance form M patttern than $57 only condition is High volume
Litecoin - $LTC - It's time!!! Are you ready?WAVE 3 in progress! The best time to buy is now!
#LTCUSD: I'm LONG / BULLISH position. I expect that $EOSUSD will rise up.
This would mean that LITECOIN will gain more 500% of its current value against the DOLLAR .
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION .
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST .
To the moon is too close, go beyond
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $LTCUSD #LTCBTC #LTC #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
LTCUSD to see an uptrend(1D) |Volatility~30% | Riding upper bandMarket in last 1 week
LTCUSD saw an uptrend with the price riding the upper band
Price volatility was very high. The market moved ~29.85%, between $60.90 and $46.90
Today’s Trend analysis
LTCUSD expected to see an uptrend as the price is riding the upper band with higher lows observed and Bollinger band expansion
Price at time of publishing: $58.31
LTC’s market cap: $3.834 Billion
Oscillator indicators are mostly neutral. RSI at 68 in the neutral region
Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral with the Hull MA indicating selling opportunities
Volume indicators saw a decrease with price increase being above the 20-candle moving average
Price expected to see an uptrend as the price is riding the upper band with higher lows observed and Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving above the Signal line, histogram size decreasing in the positive region, suggesting a bullish bias. RSI at 68, in the neutral region above the midline. CCI at 108, in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume saw a decrease with price increase indicating a weakening buying pressure and a gap up condition was satisfied with a recent candle.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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- Mudrex
LtcUsd outlook- Sell ralliesLitecoin is writing a different story than Bitcoin.
With sellers defending 50 zone very well I would expect a drop for this cryptocurrency and I will look for selling opportunities around 49 with a 42.50 target.
I will remain bearish as long as the price is under 50.
LITECOIN is trading within a falling channelLTCUSD
Is currently trading within a downward channel and the price action suggests that the upward momentum is slowing and we can expect sudden drop like one previously happened.
In longer timeframe Head and shoulder pattern is formed and felled towards 42.00 level
If the price move below the current level then the expected target level will be around 40.00
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Litecoin Broadening WedgeI recently added LTC to my portfolio based on two factors
This wedge that i have just discovered
and also this Monthly gaussian channel price placement that i will link
I believe litecoin has proven its place in the crypto space, showing continuous longevity
heres the chart
LTC USD Could easily triple from here LitecoinAs long as LTC stays above 49 dollar I can see LTC easily triple from here. The chart pattern isn't that bullish, and it needs to crack the trendline with a higher high. But LTC will be pulled up as soon as Bitcoin will make new highs aswell. Therefore I expect LTC could easily triple in the coming months.
Litecoin lagging behind but impulsive wave will follow very soonLitecoin has broken the daily descending structure so no more downside IMO.So If we consolidate above the market and don't go back into the structure we are totally fine.
The probability of going upward is quite high compared to a downside option but we always stay cautious of the bitcoin move so if bitcoin doesn't ruin the show, Chances of Litecoin to make an impulsive move is very high, keeping in mind the last time bitcoin was above 10,000$, Litecoin was above 80$.
So A 100$ Litecoin is on cards.
Short term Targets are
70$
84$
120$ BINANCE:LTCUSDT
Litecoin given Long Signal !BINANCE:LTCUSDT has given Long signal in 1hr time frame. All techicals looking good. If momentum kicks in we will see 65 USD pretty soon !
LTC/BTC LONG*Disclaimer* This is just my personal opinion on the market. Please due diligence before investing in highly speculative assets. Not financial advice.
With BTC reaching heavy resistance, we are starting to see a lot of money flow back into altcoins. Litecoin's RSI is currently trending upwards towards the mid-level which has formed a weak bullish divergence. Stock RSI also trending upwards. A weekly close above the moving average will likely bring in the necessary volume to move up quickly.
Feel free to follow me on my Twitter for the latest updates @psychedcypto, I actually entered LTC a couple of weeks ago but decided to post it on here as well since it began playing out excellently.
If this benefitted you please consider leaving a like and following for more to come soon.
Cheers, PsychedCrypto
LITECOIN GETTING READY FOR MASSIVE BREAKOUT BEFORE 2021Yeah, really, i hope you are ready for this move.
Looks like end of 2020 will be massive in crypto-gains.
Do not forget to buy low and sell high.
My personal levels for sell are on the chart.
chart patterns looks very attractive, you may notice how price forming triangle shapes on the way and creating one giant triangle for last year.
Current prices are quite good for buy and hold.
Using stop loss is recommended. DO NOT RUN IN BIG RISK. Trade wisely.
Litecoin - Let's Long After Selling at $200 - LTC Silver HedgeBitcoin got its golden cross so Litecoin should follow. In 2017, Litecoin reached $80+ before Bitcoin reached $5,000. Bitcoin is now $8,800 after touching $10,000 so Litecoin should follow. If you trade BTC pairs, you know what is up. Mining BTC has become inefficient due to the halving. ASICs are now dedicated toward LTC. Once they have completed their accumulation process, they will use their Bitcoins to pump up Litecoin in the BTC pairing markets, triggering algorithms to buy LTC with fiat. Silver is already super bullish and forming a new base, let's start accumulating again. We probably won't be sell it again for $200+ like in 2017 since there is no more crypto frenzy, but since you can buy this in Robinhood, the stimulus checks may fuel the pump. The same traps from 2018 are still being played. This week, the institutions decided to release news about the Hong Kong protestors, making Bitcoin futures contracts super attractive on May 22, 2020. They then proceeded to dump Bitcoin during the weekend when nobody can close their position for profit. Now they will slowly prop up Bitcoin back over $9,000 as Asian Exchanges get propped back up through seeing the strength of Bitcoin. Once Wall Street opens, Bitcoin pumps and destroy all down contract buyers. No wonder Trump is so at ease and golfing so much during this weekend.
LTC/USD, Time is ticking for BuyersLitecoin, Ethereum and Bitcoin are the only cryptocurrencies that have the potential for stable long-term growth. I believe that Litecoin will also grow after Halving.
Falling Wedge breakoutLitecoin has broken out from a falling wedge on the hourly chart
Looks very bullish
Litecoin long term symmetrical triangleLitecoin is in a long term symmetrical triangle, this pattern is decreasing the price range and volume. Usually symmetrical triangles break within 70% of it's body. We should look closely to this triangle as the price moves, chart is in log scale.
