LTC
LTC Livermore coneThis is a bullish view of LTC. LTC has consolidated at around $50 for 6 months after dropping 85%. Now price has broken over the range and seems to find support from the bottom of the range.
Furthermore, it appears that price action is printing a livermore cone that can breakout. Breakout of the cone will push the price in the upper ranges between 235 and 310.
I don't encourage trading LTC. LTC was the first coin in crypto history to be rugged by its founder.
LTC continues to gain volume targets on chartLTC continues to gain volume
and would be a nice time to enter ( entries on chart )
this would also be a nice leverage trade ( no more than x3 - in my opinion )
the targets on chart ( for spot ) might take about 1-3 months
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
🚀Litecoin: the third wave of the ending diagonal.●● Preferred count
● Litecoin / U.S.Dollar (BITFINEX), 🕐TF: 2D
Fig.1
The long-term waves counting has not undergone any changes. It is assumed that the cycle wave V unfolds the ending diagonal , subdividing into sub-waves ①-②-③-④-⑤ . At the moment, the market is at an early stage of development of sub-wave ③ . Wave ③ should exceed the length of wave ② , taking the form of a zigzag.
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● Litecoin / TetherUS (BINANCE), 🕐TF: 6h
Fig.2
For the last six months, the waves have been unfolding according to our expectations on the six-hour timeframe as well. The completion of waves ② and 2 , as well as the beginning of the development of wave 3 , were predicted.
At the moment the market is ready for acceleration in the wave (iii) of ((iii)) of 3 . As a local alternative, it is allowed to complicate the structure of wave 2 to a combination .
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●● Alternative count
● Litecoin / U.S.Dollar (BITFINEX), 🕐TF: 2D
Fig.3
As you know, correctional structures are more variable, in contrast to impulse waves. The downward zigzag A-B-C can be identified as a sub-wave (W) within the unfolding double zigzag (W)-(X)-(Y) of ② .
Get ready for the second wave of the diagonal to transform into a multiple zigzag .
📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
LTCUSDT 4H Interval - Resistance and SupportI invite you to a short analysis of LTC/USDT based on the four-hour interval.
Let's start by marking with the white lines the uptrend channel in which the price is currently moving.
Next, we can immediately notice a strong support zone from $82.49 to $84.58, which the price is currently struggling with. Moreover, looking at the recent move, we see that the upper border of the zone is strong resistance at 0.618 FIB, then we have resistance at $86.16, $87.99 and $93.16.
When it comes to support, it is worth highlighting the first strong support zone from $78.58 to $75.21, at which the price has been repeatedly stopped.
Looking at the CHOP index, we see that the energy is strongly charged, the MACD indicates a local downtrend, while the RSI index has recovered and has a new place for price growth.
LTC still looks correctiveBack on December 26, I said that my corrective target for LTC was around $90 and we've basically been moving up ever since then.
We are nearing the wave 4 target, meaning a wave 5 should be coming. There's a simple trade setup here. You can short a move into $90 with a stop loss at the low on February 24 at $91.50 - Violation of that 91.50 area will weaken my bearish stance.
I have to acknowledge (and you should, too), the red and white wave which are the highest timeframes on the WaveMaster indicator. We've only been in oversold for the red and white 3 times and each time led to a large increase in our good friend Litecoin.
This is the only reason why I am cautious here. Could we see a bigger move up from here? Possible. From an EWT perspective, we should make another low and head back to $20-$30 at some point. That is where I'd be interested in buying long term. It could take longer to get there than you'd think.
✴️ Litecoin | BULLS ConfirmedToday's Litecoin hits a new high and recently posted the highest daily close since May 2022.
Extreme bullishness is the only way to define this chart as Litecoin is now trading above EMA300.
Litecoin bulls confirms the bullish bias across the entire cryptocurrency market.
Expect Cardano to continue rising.
Expect XRP to grow strong.
Dogecoin, Shiba, Ethereum, Bitcoin and all the altcoins as well.
Next target $98, then $113, $130 and finally $190.
Namaste.
Litecoin shooting to $125.80 next thanks to a Cup of Tea?Well this has come to a surprise.
We have our first LONG crypto trade line up for the year.
Litecoin has formed a Cup and Handle over the last few months and recently has broken up and out of the brim level.
The Moving Averages are looking perfect as 7>21>200 SMA.
RSI is also above the 50% and broken above the negative divergence which is bullish.
My first target is $125.80
Interesting facts:
Litecoin is a cryptocurrency created in 2011 by Charlie Lee, a former Google engineer and is known as the "lite version of Bitcoin.
It has a faster block generation time and a different hashing algorithm which is 2.5 minutes, compared to Bitcoin's 10 minutes.
Unlike Bitcoins market cap of 21 million, the total supply of Litecoin is 84 million.
It also falls in the top 10 cryptos - which considers it a safer investments than the others.
Litecoin has been used as a testbed for Bitcoin's proposed upgrades and features, such as atomic swaps and the Lightning Network.
Joe Gun2Head Trade - Swing failure on LTCUSDTrade Idea: Selling LTCUSD
Reasoning: Swing failure
Entry Level: 83.04
Take Profit Level: 77.94
Stop Loss: 84.45
Risk/Reward: 3.37:1
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LTC/USDT 4Hr UPDATE !!Hello, welcome to this LTC/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-LTC is one of the oldest altcoins in the market, having been launched in 2011. While it may not be flashy or new, its price action has been quite impressive of late. Litecoin has managed to go up steadily since June 2022. This is what some altcoins have achieved during this bear market.
Somehow, Litecoin closed the last week with a price increase of around 10% after breaking $70 once again. The bulls are eager to push this cryptocurrency higher, and they may even challenge the key resistance at $80.
Looking ahead, LTC is one of the few cryptocurrencies that is well-positioned to make higher highs. Right now, its biggest challenge is breaking above $80. Perhaps this second attempt could be successful, which could propel the cryptocurrency toward $100.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
The trend is upward in the daily timeframeLTC continued its price increase last week. Maintaining the uptrend line it intended for broke the resistance of the $70-$72 range, and the price continued to rise to the $78 level. We can consider an ascending channel for the current price. Breaking the resistance of the $78 range could create a new bullish wave in the 4-hour timeframe and activate the next target in the $82-90 range. Considering that the trend is upward in the daily time frame, breaking the upcoming resistance, if accompanied by strong ascending candles in the daily time frame, can bring the price to the next target. Finally, to break the ceiling of the descending channel, a strong bullish candle needs to be closed above the $90 resistance zone in the weekly time frame. Otherwise, the failures can be fake.
💲 Litecoin Better Buckle Up 💲💲 Litecoin Better Buckle Up
💲 Nearest strong support zone: around the fibo level 0.5 of the entire downward wave.
💲 Nearest strong resistance zone: around recent local peaks.
💲 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
- Supertrend: Downtrend
💲 Price action: Litecoin as I have written many times before really stands out very positively against all major cryptocurrencies. It is currently crossing paths in the entire crypto market. I believe I can say that because it has already broken out by a whole 100% since the bottom. Looking at the formations it's shaping, it's hard not to get the impression that we're in for another wave of growth on this cryptocurrency. Currently, we have pierced the level of 0.618 of the entire last downward correction. The nearest resistance zone is the level of the last local peaks. In the perspective of the next weeks, I see Litecoin higher and higher if we start to see increases in the US indices which are highly correlated with the the entire crypto market.
💲 The scenario I'm playing out is a continuation of the increases over the next weeks/months considering the possibility of a reaction at the nearest resistance zones. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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LITECOIN 2021 Bullish SetupAt this point, im still bullish on Litecoin, more so because its history has been some of the best gains at the end of a bull market i've seen in any other coin. Not only is this coin the best Crypto out there, its still the most under valued and I think Litecoin will reclaim that throne in the future. Look out for Prices above $1,000 on the Bull run, but if you short at $1000, I am confident you will sweat. Litecoin is the silver to Bitcoin's gold and has an amazing team behind it. The founder has claimed Litecoin as "His baby" and he is still working on making it better. Once Bitcoin prices rise to higher values, investors will start looking at Litecoin more and more. I am confident that the Litecoin price will reach 10,0000 usd by the year 2030. This coin is a must have and proven time and time again that its still the best crypto out there. Not even once has the network gone down but ETH and BTC have had blackouts before... but not Litecoin.
Chikun take off target can not be ANY lower than 107-111usd this year. LTCBTC is due to breakout this year so that should send once again LTC to the final target.
TP Bull targets below
TP MIN 1000 usd
TP 1 = 1200 usd
TP 2 = 1405 usd
TP 3 = 1680 usd
LITECOIN 2021-2022 FINAL BULLGreetings. As always i'm happy to share my long charts. Seeing how i've been developing the price action and sentiment on Litecoin all year its pretty clear to me now that it's November 2021 that the price will move up and same as Bitcoin, Litecoin is in the middle of Wave 5. This is a major rising wedge due for breakout and overshoot to parabolic on or around February 2022. LTC can't get much lower from here, or the bull market quickly converts to Bear Market. But I say we are close. TARGETING a final price of 2590 USD at the very top. This price for Litecoin is not a shocker, especially with the developments Litecoin has been releasing especially MWEB (Mimble Wimble) Privacy, smart contracts, and more.
I am targeting a final dip to 290 - 202 USD LTC. We can not sustain much lower or we will have issues declaring a bull market.