Next upside target for Litecoin is 301 Really as of now, 301 is possibly just a pause until 325 and beyond. Intermediate support levels as marked. 247 should be strong support if broken more downside expected. As always, trade/invest responsibly.
Litecoinusd
LTCUSD Market Update - 4/26/21Just like Bitcoin and Ethereum as well as the other top crypts by market cap, Litecoin looks like its found its potential bottom along the 2018 high level placed at $218
There is a very long term uptrend channel that has been respected for a long time and on this dip I believe this trend will hold.
At the moment, LTC formed a hammer candle along the $218 level without painting a single candle closure underneath it which indicates very bullish momentum.
I'm expecting more accumulation along the $218 level for the remainder of the month until we see the eventual breakout next month to new highs. Please check my attached related idea for the next long targets I already have placed on LTC.
We fell off a bit as people were taking profit, still in bullish momentum. Just be patient and this will reverse
Ltc moon soonWe are in the middle of a big buy signal on the daily and the 4 hour, I think ltc is going to spike above 270 in the coming hours
Sign of bulls coming back to lift Litecoin up?With today's close above 247, I see Litecoin moving towards next price target of 274. Provided the 207 holds good and doesn't close below 219. Support levels as marked.
Litecoin (LTCUSD) WEDGE CORRECTIONFollowing is my analysis for Litecoin (LTCUSD) using wave theory & Fibonacci measurements:
1) On Apr 16th, Litecoin (LTCUSD) touched its all-time high $335
2) The market went into a correction mode after a 4-month uptrend taking the price from $77 to $335
3) The correction looks like a wedge correction called triangle diagonal in Elliot series forming ( A-B-C-D-E ) 3-3-3-3-3 waves inside the diagonal triangle shown in light GREY A-B-C correction waves
4) I believe the next wave is the last leg of the wave E in the diagonal triangle
5) There are 3 confirmation points that need to be taken here
5.1) Confirmation 1 - Bounce confirmation of Wave E shown in the diagram
5.2) Confirmation 2 - Price breakout from the diagonal triangle, shown in the picture
5.3) Confirmation 3 - Once it breaks out of the channel it usually retraces back before going LONG
I believe these are some of the main confirmations that we need to take before taking LONG positions for Litecoin (LTCUSD)
Information is for educational purposes ONLY, appreciate everyone's feedback !!!
Litecoin Continuation, ScallopThe curve is an example of an ascending scallop
Once price reaches horizontal levels (horizontal line near top of curve) a breakout upwards can occur
Included patterns and relevant trendlines
Litecoin is a good one, great to hold for a long time in a portfolio
This is the daily chart for litecoin
Good time to go for a SHORT (LITECOIN)Trade is based on simple strategy.
I'm coming back to trading after 3 years and first thing I saw was this :)
PS: Not completely sure where to get out of the trade.
TRADE AT YOUR OWN RISK
LTC CORRECTIONLitecoin correction coming. It should touch $190. Good re-buy zone $190 - $200. Good luck
After a week of red days, is Litecoin ready to bounce? Or am I too optimistic? After falling through several support levels, now one possibility is, it could bounce from here or 219 or trend line support and close this week above 245 to see it going higher. Must hold yesterday's low. A green day closing above 258 would give bit more confirmation for any move higher.
LTCUSD (Litecoin/ USD) here we have LiteCoin the 4th most popular coin on coinbase (COIN). this is showing a regression in price. cryptos are acting like stocks at the moment and just going up with no rest. I am not a big crypto person, as I have similar views as the SEC does and think they are an asset instead of a currency and some of the coins offer an interest rate for holding them which i think is a "stake of proof" setup. either way here we have a bearish butterfly pattern that just completed and the AMP RSI is in a very minor divergence. so i would expect to see some drop in price and if you wanted to enter after the pattern is complete then buy at the 618 of this pattern as this will be the bargain price. i know lots of inexperienced traders just hop into an asset without regard to price but if the asset is up 20% would you rather be up 18-19% with it or 10%? i hope this finds some traders well.
LTC 2Hr Inverse Head & Shoulders - Target $306Looks like an inverse head & shoulders developing on LTC 2hr. If it plays out, final price target of $306. Take partial profits right before we hit each yellow line, they are resistance
Litecoin, LTC - only in that case we'll grow...Litecoin looks not so bad as other coins. Price formed a clear local line. Only in the case, when LTC starts squeezing, I'll wait for a breakout and further growth.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Litecoin briskly and surely aiming for new ATH !Litecoin hit another target of 325! Once it close above the trend line, next target would be 380..
LTC MARS MISSIONLTC has a lot of momentum. I invite you aboard our spaceship. First stop 250, then lite-speed to 300.
LTC is making up for lost time - $500 is likely (short term)
LTCUSD: In love with Litecoin. ;-)Hello my friends!
Did I already tell you that I love Litecoin? Anyway. You can see my resistance lines and support lines in the chart.
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Let's see what happens.
Happy trading. :-)
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Litecoin will go to the moon!!Check the road for new ATH on Litecoin.
Litecoin was sleaping during whole bullmarket. The volume is growing now and litecoin go very fast up.
Now is out of range and you can catch retest on the trendline. Be careful around 320-330usd - there is weekly level.
LTCUSD soon at ATH. Bears at very last chance to shortLast 2:1 chance to short is near ATH. How long will bears last?
BTC will follow LTC PathAs BTC and LTC have both bounce off of the ParaEye possibility. This is an example of how BTC future path will go. Right now LTC is rising and what crypto standards would be a modest pace but for many would be considered excellent. Either way LTC and BTC both have more room to run higher.
Litecoin $LTCUSD Long Term Target PTs 350-600 and higherLTC/USDT
Litecoin (LTC) flipped the breakout level at $246.96 into support on April 11 and 12. This reignited buying from the bulls and the altcoin resumed its uptrend on April 13. The next target objective to watch on the upside is $307.42.
The 20-day EMA ($227) is rising and the RSI is close to the overbought territory, suggesting the bulls are in command.
However, the long-legged Doji candlestick pattern today shows indecision among the bulls and the bears. If the price slips below $255, the LTC/USDT pair could drop to the $239 to $246.96 support zone.
A strong rebound off this zone will suggest the bulls are accumulating on dips while a break below it could drag the price down to the 20-day EMA.
Will Litecoin keep moving towards 325 now?Litecoin closed above first target level. With new support level, will it continue to 325 now?
LTCUSD $312 Next LONG TargetQuick update on the price of Litecoin looking at the 4-hour time frame we can see that LTC just recently regained the $262 weekly level that hasn't been hit since early 2018 after the 2017 ATH around $380.
It is obvious now that Litecoin is in a bullish swing upwards and I believe that this run is going to continue all the way up to $312 and beyond.
Longer Term Targets
TP1 🎯$312
Expect some decent consolidation around the $262 weekly level, fractally, this level is very important and will take a little bit of time before it moves up.
