Litecoinusd
[17 Feb] Litecoin On The Run...Bullish ContinuationWe managed to see a rejection off a resistance level@228.80. I am expecting litecoin to make a short BEARISH retracement till 78.6 fib level (or touching my moving averages) before seeing a BULLISH continuation. This will be a BULLISH push for litecoin as it is building strength for a potential breakout, continuing its upward climb. I will be eyeing a 161.8% fib level as my TP level as of now as. This is subjected to changes as we head closer to the level. I will be updating on this post so do keep a lookout.
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LET'S GO LITECOIN!I'm looking at a larger trend line going back to Sept 2017.
It appears that we have finally broken thru and are en route to all-time highs.
Overall healthy volume in spite of the random spikes.
The MACD showing it's getting ready to do the flippy thin which is normal.
I think we see this consolidate from here down to $200 for another week or so, but I expect to see all-time highs by my birthday in May..
If we break that greater trend line then I can see a dip as far as $180
BINANCE:LTCUSD POLONIEX:LTCUSD
LTCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
Litecoin touched the 230 dollar price but could not go passed it.
Our first scenario is that if it can not break its 230 dollar resistance, it will first be subject to falling all the way to the 188 dollar and if again the price is not supported and there is a high selling pressure it will continue falling 172 dollar price.
The second scenario is that it will start ranging to break either its resistance or support.
The third scenario would be that if it can not hold on their supports, the price could even come down to its final support which is 125.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
$LTC broke out of a textbook Adam & EveHello dear padawans and crypto traders. I think 2021 will be the year crypto establishes itself in the mainstream financial markets. Not only institutional players started catching up but retail investors are also realizing that cash is very weak. According to several articles I read the dollar is expected to lose a big chunk of its value in 2021. Yale economist Stephen Roach estimates a loss in value of about 35%. That is a lot of value to lose in one year. Additionally, people are realizing that our financial system is corrupted by default. It is designed to favor big players and corporations over the rest of us. The most compelling example of that is the GME/AMC fever that forced brokers to halt trades on those tickers. Had they not placed the halt they would most likely not be solvent. That means they are not expecting retail traders to move stocks like that and that the whole system is designed with that premise. That sucks, doesn’t it?
That is my view on why I believe crypto will start flying higher from here on out. Things could always turn out different because there are so many variables in this game but a lot of evidence points to a definite rise in the crypto market cap and more broadly incorporation of crypto into everyday financial activities. Bitcoin is the main player but several other coins will benefit from that rise. LTC is one of them.
All that said, let’s take a look at LTC. As you can see on this weekly chart, LTC just broke out of a textbook Adam & Eve pattern that has formed over the course of almost 3 years. The mid term target is the measured move from the lower valley of the pattern (the V portion of it in this case) to the neckline (resistance) plotted on the breakout level. That would take us to about $290 in the mid term. That doesn’t mean the price couldn’t retrace from here (it does look a bit overextended) but the overall picture is very favorable for new highs.
I am accumulating at these levels and will continue to do so if the price retraces.
Good luck and safe trades!
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Litecoin & Tom Lee are about to explodeHi,
Take a look at this bullflag not bad
Market makers will probably leave Link or AAVE on the side a little !
Important thing to notice is that LTC confirmed support on the neckline and his ready to breakout soon.
Very very nice W pattern, juste take a look at your M Chart !
2013 bullrun hit 55$
2017 bullrun hit 421$ (4 years later)
2021 will go where? (8 years later) Mr Fibonnaci say around 1360$ (361.8%)
2025 will go where? (12 years later)
Neckline betweeb 121 and 146$
Take a look at LTCN new Grayscale Litecoin new products!
Litecoin - The Comeback of LTC Part I - BULLEESHHH PRICE FORCASTLTC, like before, has watched ETH and BTC moon without it. It wants some of the limelight. It is Litecoin's time to shine. I am going to send it from here- but do not let any freak pullbacks shake you out- as long as MTF trend confluence continues- This BEAST WILL RIP!!
Sincerely,
- SKYLOBSTER
*** This, as with any other content produced and shared on trading view, is not financial advice. Hell- In fact I wouldn't take financial advice from myself.
I did not like Trump very much, but sheesh WE CANT LET CONFEFE DIE.
LTC - PARABOLIC IN THE NEAR FUTURE !? Good evening,
I`ve been holding, trading, using, transfering, buying and loving LTC for the last 5 years, and I feel that I owe LTC some bullish cred. ! :
1. LTC seems to be very undervalued in the bullmarket we are experiencing right now.
2. It has all the fundementals of a proper cryptocurrency ,- and since both ETH and BTC ( from the original top 3) has set ATH it would be very likely that we will see LTC getting a significant boost in the near future.
3. The trendlines speak for themselves, and with LTCs seniority in this market it would be weird if traders and holders don`t appreciate it more in value as one of the leading cryptocurrencys that has done so much crypto-community.
Hopefully the trend continues so that LTC can get back to were it belongs - at 3rd place of the biggest cryptocurrencies !
Have a nice weekend, and good luck with the trading !!
LTC Big Correction Could Be Underway BITFINEX:LTCUSD
We are all waiting for this big BTC correction to happen and start the real alt season. If LTC is able to climb above 0.5 fib. retracement level before btc corrects, it is possible for LTC to then also climb above touching the 0.618 level and then go for a bigger deep. This correction could potentially be the last big opportunity to buy ltc this cheap.
Any of the 0.5 or 0.618 retracement levels could reverse the price in a short term, but 0.618 level will probably be the one that will reverse the a price for a correction.
I am not a financial advisor so don't buy anything that a say. Wish you all successful investment.
LiteCoin getting ready for a new ceiling test...This is on a 1month data range.
Following yesterday's test of the ceiling, we can observe a new base has been sate (the grey line) as well as a short term ceiling (the upper grey line) causing a channel pattern. The trend seems to be pointing out another test of the ceiling, and if the trend has enough momentum it will be able to cross its and maintain its new positions with a new all-time high of 200$. This move, if successful will be enough to bring LiteCoin to the 200$ mark by tomorrow.
In case the trend fails and is not able to break over the ceiling the price could plummet to 155$ and in the worst-case scenario (based on the overall longer-term trend depicted in the chart as the upper and lower purple lines) the price could drop to a price level of 125$-120$
Interesting stuff!!!
(THIS IS NOT A FINANCIAL ADVISE NOR TRADE ADVISE, I AM NOT A FINANCIAL ADVISOR NOR HOLD ANY TITLES AND LICENSES THAT WOULD SAY OTHERWISE; THAT WOULD CERTIFY MY EXPERTISE. I AM JUST A GUY LOOKING AT PRICE CHARTS, I AM NOT GUARANTEEING THE PRICE WILL FOLLOW MY PREDICTION OR ANYTHING, DO NOT TRADE BASED ON MY POST. YOU NEED TO DO DUE DILIGENCE WHEN INVESTING. THIS IS NOT A BUY, SELL OR HOLD RECOMMENDATION.)
As always: "Past performances do not guarantee future returns"
LTC - 4h. Below $178 sellers will start the correction.The wave of rising LTC prices on January 27 gave LTC investors the opportunity to take 75% of the price movement. Buyers have managed to break the critical range of $178.5-181, but we are not sure that they will have enough strength to hold it.
This range is importan t because it started a powerful wave of falling LTC prices on January 10.
By the way, the goal of our previous idea was achieved:
Given that BTC updated its historical high and yesterday the producers showed that they are ready to keep the price, there is a high probability of the beginning of the correction in the LTC market .
The first target in this scenario is the range of $145-150 . The main condition for this scenario will be to fix the price below $178.5. The ultimate target of the fall is $124.
However, even in this scenario, the growth trend will continue. The correction will help buyers gain strength at more attractive prices
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THE EPIC SILVER SQUEEZE OF CRYPTO I hope everyone is doing amazing I wanted to share this perfect and beautiful chart.
A little about my self I have been trading crypto and don't enjoy publicity but I do love charts and what we have today is an amazing HUGE! BULL FLAG!
Not only is it a bull flag it's a bill flag with a double bottom reversal with a limited supply of beautiful SILVER MOON BALLS!
With everything on this chart SCREAMING to of an Epic Bull run that will surely be recorded in Crypto History.
I have been a fan of LiteCoin for many reasons and let me tell you that this with only 84 million coins ....... Dropping the Mic...
Enjoy
LTCUSD Outlook for Feb - Mar 2021So you have been HODLing your LTC since $40-70 USD?
Wondering why LTC hasn't seen the same meteoric rise as other cryptocurrencies?
LTC keeps on forging ahead!
Litecoin network upgrade underway
Litecoin is bringing some major changes to its network. Initially proposed in 2018, the MimbleWimble protocol will enable Litecoin to offer increased privacy to its users. The protocol will allow Litecoin to have an added feature of private and non-interactive transactions. The lead developer of the project has revealed that major development has been made in the program implementation.
The code of the protocol is all set for review in March .
Litecoin, one of the largest cryptocurrencies, has lacked privacy, which has acted as a hurdle for the cryptocurrency is gaining more popularity. A new proposal has also been made to Litecoin. MingleJingle is the updated version of MimbleWimble. The developer behind MingleJingle is the same as that behind Monero.
LINK to ORIGINAL
LONG HOLD