Litecoin (ltc) long setupBreakout on litecoin
Back to 175 zone currently making a structure after breakout
Buying on 175.25
Sl 173
Target 184
Litecoinusd
LTCUSD NEW ATH'S AHEADAs you can see in the chart, Litecoin is nearing the end of phase 4 of it's Elliot wave and will soon shoot up to phase 5, after which we will have a small correction(ABC) and then we shoot up straight from there as suggested by the fractal taken from it's Sep 2017 Breakout. I'll be Long at support($130-$139)
The fibonacci extentions are just to show correlation with entries and exits, as well as the horizontal trend support(s) and resistance(s).
The price target for this breakout will most likely be slated at about $1000-$1250(Phase 5 of the excluded portion of the Elliot wave). Sorry I can't show you the full chart otherwise it'd be clustered and I use a small screen. Anyways $540 will be where I plan to exit so I can at least show you that.
Also, the LTCBTC pair is nearing the end of it's falling wedge structure which would suggest a breakout is imminent.
Also big up @BTCINVESTING this trade idea was based solely on his Litecoin Halving analysis and is top tier imo.
Link to his chart is below.
LTCUSDT : Long or what ?After the price was supported in the range of $ 158 to $ 161, there is a good opportunity for a buy position ... The first target is $ 180 and the second target is $ 210. The stop loss is fixed below $ 150 .
LTC - Big Moment Hi, this is my new update for LTC. In the last 3 weeks LTC has risen over 70%, but some other coins have already risen more than 100% and they are also above the SMA100 and the SMA200. Right now we are above both the SMA100 (174$) and the resistance 180$, if close todays candle above it then we are ready to test the SMA200 (192$). There are many resistances in the range between 180-210$ but once we clear all of them then we have to fill the gap between 210-280, we call it easy gains. ;) So be patient good things take time.
Litecoin pushing Higher to $175 potentiallyLitecoin has made 11% gains in the past 24hours. Next wave up Litecoin can definitely reach $175 within the week.
Litecoin 💥🚀🌚⚡ #Litecoin $LitecoinIt has been a few days since LightQueen Trend broke its 67-day bearish trend and started moving towards its price targets. The price targets and their resistances are plotted on the chart. The resistance between the price of 255 and 260 is very strong and it is important to break and stabilize it.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
#DYOR
INVERTED HEAD AND SHOULDERS @ LITECOINFolks,
Morning we see a Inverted head and shoulders on the 4 hour lite coin chart. Getting excited now..
The overall trend is bullish but for a good buying opportunity you have to be a little patient.
I want to see price rebound at retest $147.- or maybe even lower to have a good buying opportunity!
While writing the recent candle is becoming a form of a shooting star at a ' high price area' / known as resistance.
But still 1.5 hour before new candle starts so everything can change, still.. but just to be aware..
It can be the start of a three river evening star pattern... Maybe ;)
To be continued!!
LtcUsd- And up we brokeIn yesterday's comment, I said that Litecoin is waiting for a trigger for breaking up.
With the new wave of optimism in the crypto market, LtcUsd has broken above 150 important resistance and I expect continuation.
As I said, my target is 200usd zone
150 is now support and, in my opinion, should be bought
Litecoin- waiting for a triggerLike all the crypto market, Litecoin also corrected hard, dropping around 75% from top to bottom.
100 is strong support for this crypto and we can have a double bottom in place.
At this point, LtcUsd is trading just under 150 neck-line resistance and a new wave of optimism could lead to a break.
The measured target is 200
Staggered Rise Leading to Massive IncreaseOn both charts Bitcoin Diamond and Litecoin we can see the similarities, both with a large rise then following a pullback
Linked below is a great fractal showing the potential of this formation
I am seeing this formation more commonly across the board
LITECOIN PARABOLIC 0.025 LTC/BTCEnglish:
Litecoin is the sleeping giant. Starting in December Litecoin will start to rise quite a bit In the previous halving it has touched 0.025 LTC / BTC and a parabolic pattern has been created.
Litecoin may take longer to rise than other cryptocurrencies but it is inevitable that it will end up rising and when it does, you wish you were inside.
Español:
Litecoin es el gigante dormido. A partir de diciembre, Litecoin comenzará a subir bastante En halving anterior ya tocó 0.025 LTC / BTC y se ha creado un patrón parabólico.
Litecoin puede tardar más en subir que otras criptomonedas, pero es inevitable que termine subiendo y, cuando lo haga, desearía estar dentro.
Litecoin UPDATE HEAD AND SHOULDERSHi Folks,
These consolidation times are often very boring.. we want action.. But do you know that for 2/3 of the times the markt is going sideways/consolidates.
And 1/3 of the time it goes either in an uptrend or downtrend..
What is your strategy?
One of mine is to look for pullbacks/retracement (A real retracement in an uptrend is a decline between 33%-66%) did you know?
So think about the money that can possibly be made in pullback strategies..
The setback in this LTC/USDT chart depends likely on what the price of bitcoin will do..
For now the market is searching for direction..
Update LITECOIN HEAD AND SHOULDERSFolks,
Excuse me for drawing the neckline wrong..
Here is the update with the right drawings..
HEAD AND SHOULDER IS THAT YOU??Folks,
Be aware of a possible head and shoulders pattern in the Litecoin/USDT pair on the 4 hour chart.
The first breakdown of the neckline has got rejected by the bulls.. But simply if it breaks be aware of prices fall back at the horizontal line drawn..
How do you target this?
You take the highest price at the head formation and calculate the % it falls back to the neckline.
Than
You take the same % percentage from the neckline down.. and that is your target price when the neckline breaks and it is a confirmed head and shoulders pattern.
There is a lot of symmetrical in trading...
LTCUSD is in a ascending channelLITECOIN change its trend after a long short trend and now it is in a strong ascending channel. its look that LITECOIN wants to rest and become range after a spike. then it continue the trend and goes up till higher target (148.00) .
LTC Dominance - Very Bullish ScenarioMirroring 0.618's climb within the circle
1.618's climb within the circle may result like this
A result of this would be temporarily extremely bullish for LTCUSD
Litecoin- 80 zone is my targetLike a lot of coins, also Litecoin is pressing in an important support
This support is too obvoius for me to believe in it and I expect a breakdown
80usd zone can be the target for bears and only from there I expect a genuine rally
LTC/ETH trend change? An idea for LTC/ETH
it has been in a pretty strong downtrend
is the touch on the 1.618 fib circle an indicator for a reversal? Yes
Litecoin has massive pump potential LTCUSDon the LTCBTC chart the 1.618 fib level is a point of interest, where price will likely be rejected bullishly with aggression
As has been observed in the past
On the USD pair a Golden cross has been recently observed, the previous golden cross on LTCUSD led to the ATH
Will we see ATH this year? likely.
Deathcrosses in red, golden crosses in green
(1) is a comparison point of very similar price action
LTC is not ready yet. Hello everyone, looks like LTC is not able to move any further for the time being.
Even if I am bearish on Litecoin and on many others Altcoins, there is always the possibility that Litecoin turns bullish if it breaks through the resistance line.
Red Alert 🔴 Descending Triangle broken fall upto 31162, 30029Hello Everyone,
Already said in previous post 32700 low is very crucial for Bulls if broken this whole recent structure will be invalidated.
Now if we break 🔴 with the force 32230 fall up to 31162, 30029 not ruled out.
Stay tuned as always for any fresh updates. Give a Thumbs Up 👍
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Common Bullish Advancement StructureAIONUSD and LTCUSD are both sharing a similar bullish advancement structure.
This is a common one for Litecoin with a similar pattern appearing before the massive move to ~300 in 2017
I will link the chart below
I have seen this structure across many coins, a good sign?
