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LTC

FRACTAL: LTC Litecoin LOVES Decembers ⬆Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Historically, December is a bullish month for Litecoin, with the price often going parabolic and increasing more than 100 % ! Previously, 4 out of 5 Decembers, the price of LTCUSDT has increased exponentially. A quick look at a fractal that played out during 2020 from this exact support zone that we are currently trading on ($68) shows a whopping 168% increase. While you're here 👀 Here's a guide to risk reward ratios and how to setup the perfect position : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
54
BTC has more downsideAfter large sellofs we saw an uptrend in this channel here. With a few breaks above channel as seen by triangles and dipping back into the channel it gives me some indication that it doesnt have what it takes to stay above that upper trendline and cannot break above this resistane channel. Each break above decreased in size and failed to do so in the last attempt showing weakness. I am expecting a breakdown. Trade safe have fun! Like and follow for more like this!
Short
by Verum0
1
InvestMate|Litecoin Target $130💲💲Litecoin Target $130 💲This time it's time for Litecoin, which in my opinion like the rest of the cryptocurrencies has a lot of upside potential. 💲Looking at the high buying interest in recent weeks. It's not hard not to get the impression that someone is intent on accumulating Litecoin at cheap levels. 💲Taking everything into account, it looks like we will go down from the current accumulation at $77 to once again test the support zone set by the 0.382 level of the entire upward wave from the bottom to the current peak. 💲At that point I expect a strong reaction from buyers. The zone has been respected many times in the past. 💲The target level where I see Litecoin in the coming weeks in case of an upside scenario is around the $130 level. Where is the resistance zone determined by the 0.236 level of the entire downward wave from the 2021 peak to the 2022 bottom. 💲Histogram MACD and RSI also lean towards an upward scenario in the long term. 💲The scenario I am playing out is to expect a test of the support zone and wait for a breakout to join the upside to the $130 levels. 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. 💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
19
Litecoin before halving (LTC)Litecoin is showing itself very strongly now, in previous cycles has always been a leading indicator of a reversal for Bitcoin Now there are 239 days left before the LTC halving, the target is August 5, 2023. Historical data : 1st LTC Halving, August 25, 2015. Growth from low - 7X to Halving. High - 44 days before. 2nd LTC Halving, August 5, 2019. Growth from low almost 6X to halving. High - 44 days before. From a technical point of view, LTC has been accumulating for 6 months (193 days). Flashes of volume are visible in the accumulation, which may indicate the accumulation of a major players. The basic signs that suggest further growth are the breaking of the main downtrend line and going beyond all movings (MA 50 100 200) But before we go higher we can take liquidity below $70 The nearest target is $100, if fixed above, the next target is around $140 It should be noted that we are expecting news about inflation (December 13) and Fed interest rate decision (December 14), which may affect volatility.
Long
by razumcapital
2