Litecoinusd
LTCUSD Still Reversing, Pump in AprilLitecoin did not pump off the MimbleWimble news to $262 and instead rejected off of $218 before coming back down to hit the $183 level.
I'm expecting Litecoin to accumulate / consolidate along the $171 - $183 zone of support going long towards higher highs. This is going to take some time to reverse because LTC is still in the middle of reversing as we speak. It isn't going to go straight up right away and its going to take a bit of time.
Honestly I don't see Litecoin moving until next week when we see the new monthly and quarterly candle, which is next week at the start of April.
Levels of re-entry should be around the $171 - $183 zone along the topside of the channel and from here, LTC should regain the 2018 high as a level of support and finally wick the weekly resistance at $262.
LTC has been the slowest of the movers alongside the likes of BCH during these past few months of the bull market and definitely has been a sleeper. As always, Litecoin is going to continue moving slow into April until it eventually pumps and breaks out of this $183 - $218 nightmare range.
Thank you for all your continued support and as always please do your own research! 🔬
LTCUSD - Short to $215 or long to $260As seen on the chart, we have a double top pattern (the M pattern) which signals price to fall back to the previous support line at $220 which is the lower trendline.
Also, a trendline breakout upward may occur, and push price upward to $260
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Update on LTC mirror chartA little bit ago i posted my predictions/ Mirror chart for Litecoin and have let some candles catch up to see how it was playing out. I noticed that we are actually almost perfectly following the mirrored candles but not at the same price levels we are actually following the pattern above previous price action. So if we continue to see this play out our huge move up should be even bigger than expected! i believe when we start seeing that run up we are going to fly past 250 resistance and continue upwards creating more support and higher highs. Our Macd is looking super bullish and seems to be lining up with our next big move perfectly. Also ichimoku cloud is printing higher support and moving up aswell as our EMA ribbons looking to push back upwards! Not financial advice just my opinion
LTC on the run. Litecoin is leading the chargeThis is our first analysis for litecoin, but we have been watching it for a while. We believe this will be the start of a huge run and all time highs. There may be a little pull back near the previous areas of support in the low 200s but it will go on a parabolic run soon. Future targets well over 500 and all time highs. This is not trade advice and all investments should be studied thoroughly. The indicators are showing bullish signs. RSI is great and volume increasing.
Litecoin to $2000 this bull runLTC MimbleWimble Code To Be Ready by March 15th which can give it a nice push to upwards. Nice double bottom on LTC and it will follow BTC and ETH and will break its ATH.
in 2017 we saw 6000% returns in LTC in 261 days so we can have even 1000% this year it can go to $2000.
Immediate targets are mentioned in the chart.
we discussed the same in our today's video.
LTC/USD Weekly ChartThis is a more long term trade idea. I have marked some channels LTC has followed. We are at the point we could fall back down to bottom of yellow channel, but if we break above the median of the channel we may make it to the top of yellow. Better case, we hit top of bigger larger channel around 3k range per coin. Personally, I've been a bit surprised LTC hasn't taken off already or at least hit the previous ATH yet when other top coins have a while back.
That being said, LTC/BTC valuation has been more or less "plummeting" this whole time at a somewhat steady rate.
Buy: Sub $200
Target 1: $234
Target 2: $435 ish
Target 3: $1100 ish
Target 4: $3900 ish
We would need to break and hold each level obviously and this may just be wishful thinking, but need to break purple first. Large Large gains if plays out though, and it isn't like LTC is just your #1000 alt coin or anything.
Disclaimer: I am not a professional. I am just sharing an idea. Trade at your own risk.
Happy Trading!
LTC/USD ANALYSISON THE I5MINUTES TIME FRAME A SELLING CLIMAX WAS OBSERVED WHICH WAS FOLLOWED BY A BREIF PHASE A.
PHASE B: DEMAND OVERCAME SUPPLY AS WAS REMAINED IN THE UPPER HALF OF THE TRADING RANGE
PHASE C: THIS WAS OBSERVED AFTER PRICE FELL FROM AN OVERBOUGHT CONDITION BUT A CHANGE WAS SEEN AS SELLERS FAILED TO ESTABLISH THEMSLVES INDICATING THE LACK OF INTRREST FOR SELLERS TO PUSH PRICE LOWER
ENTRY WAS MADE AT 171 WITH STOP LOSS PLACED AT 168 AND PARTIAL PROFITS WAS TAKEN AT 193 WHILE THE REST WAS TAKEN AT 197 JUST BEFORE A STRONG SELLING ZONE THIS GAVE A RISK REWARD RATIO OF 1:7.5
Litecoin (LTCBTC/LTCUSDT) LONG 2021/03/04I just entered into a long for LTCBTC. Sharing my trade details.
Pair LTCBTC
Direction Long
Entry 0.003765
SL 0.003716
TP1 0.003782
TP2 0.003797
TP3 0.003809
TP4 0.003824
Signal Rating 3/5
Make sure to add a 0.1-0.2% buffer to prices given to avoid order clustering and stop loss hunt.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
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Not the best deal. Risky. But you can trySince Bitcoin is growing, many people are reluctant to buy it. They want to buy different Altcoins.
If you really want to buy Altcoin in addition to ETH, LTC might be a good option for you.
SL: If 1D candle closes under 164.
TP: Depends on the market situation. I recommend setting up 50% on the $298. But it is safer to buy bitcoin at the moment.
Litecoin Very BullishAn idea for Litecoin
Can see the comparison points on the RSI, clearly
What interests me most is the curve on RSI, may result in price forming a parabola (assumption)
Enjoying this new chart style, hope you do too
Above is a chart showing why I hodl hope for Degen coins, the same degeneracy Litecoin showed early on