According to historical performance, LTC only takes 4-8 weeks to go from the macro bottom to the macro top. If BTC recovers properly within the next few days, I assume for history to repeat. For all those who are blind, if BTC has not been manipulated (according to on-chain data this has clearly been the case) to -55% then LTC could have already seen 0.015 BTC...
In the previous idea, we expected a test of the $ 196 mark: The boring price movement within the triangle showed us where the liquid range to buy is. We are talking about the price of $170-175 . This range sustained the first hit on February 22-23, when the LTC price fell non-stop. Please note that this range did not stop the total decline in LTCUSDT, but...
As early as 2 weeks ago, a local downward trend began on the LTC market , which successfully corrects the previous wave of growth from February 28. Unsuccessful attempt of buyers on March 15 to gain a foothold above the range of $208-215 ended with the activation of sellers. In fact, for 5 days, the LTC price consolidated below the $208-215 range before...
New month - a new local trend . It is with these words that buyers began a local wave of growth after the total collapse of the LTC market. The wave of decline was so strong that it was stopped below the liquidity zone of $170-175 . If you look at the chart, it was on February 23 that this range took the main blow to sellers, slowing down the fall in LTCUSDT...
The total price drop did not bypass the LTC market. One of the most liquid coins of the crypto market fell by 30% in two days. Quite a good result if we compare that the drop in the price of BTC was about 22% . Our previous idea missed the mark a bit: However, the rebound after testing the mark of $157.29 was rather weak. Given the nature of the...
After updating the local high on February 14 and testing the mark of $230.77, the LTC price began to correction. Buyers received a major blow in the range of $192-196. It is in this range on February 15 recorded large volumes, which sellers wanted to push the price lower. However, as we can see in the chart, buyers were quite interested in this range ....
LTC has certainly made its move but it has NOT YET made its ATH unlike BTC and ETH. As long as there is no news that tanks the crypto market then LTC is next. It is consolidating under a resistance that was made waaaaaay back. when LTC goes you will easily see this get to 220s. The Content is for informational and entertainment purposes only, you should not...
The correction of the previous wave of growth in the LTC market lasted for almost a month. After setting a local high of $185.83 , buyers retreated. As a result of the correction, a triangle was formed in which the LTC price was traded until February 2. In our previous idea , we showed potential LTC buying areas. Thus, testing the range of $126-130, the...
Low sales volumes during the wave of falling LTCUSD prices on January 25 hinted at the end of the correction in the LTC market. In fact, on January 10, after a sharp drop in prices by 40% , buyers began to build a new liquidity zone in the range of $125-130. During 3 attempts, the sellers were unable to push the price below this range. Thus, we believe...
On January 11, buyers failed to defend their local trend , in which the price of LTC moved from December 11. After living exactly a month, the trend broke. Sellers misused the chance to start a correction , leaving the liquid range of $126-132 under the control of buyers. The breakdown of the trend line forced many buyers to close their positions, after...
The euphoria in the LTC market did not live up to investors' expectations. Breaking the global mark of $145 up gave the price a great chance to continue to rise to $220. However, the sharp fall in the price of BTC significantly adjusted the plans. As a result, the LTC price broke the bottom trend line of the channel in which it traded from December 11....
After breaking the key mark of $147 , the growth of the LTC price slowed down. Active resistance from sellers on January 3-4 did not work and the main level of the LTC coin remained under the control of buyers. The price went according to the "white scenario", which we wrote about in the previous idea: At $173, sellers found a new range to slow prices....
HAPPY NEW YEAR!!!!! Despite the great achievements of buyers in the LTC market , fantastic trading volumes and the update of the historical high of BTC , the price of LTC failed to test the critical level of $ 145. We wrote about this level in the previous idea. The sellers are trying to take matters into their own hands. The local level of $131 is already...
From the Bitcoin family, Litecoin is a digital asset token of the Litecoin network that can surprise everyone. My only complaint is that I own the least of this token. In the weekly chart, and according to the wave counting, the price is in the 5th wave of the uptrend, according to the Fibonacci ratio in wave 5, this uptrend can be extended up to the target of $...
Short term reversal incoming. PA is lining up well with the indicators too (simple bearish divergence on 1D chart) decreasing volume on this move up. 1 more bump up, into previous support now turned support. I'm closing off my trade at T1, I barely trade but when I do, I go safe. T1 - 0.128 or there abouts. T2 - 0.115 or there abouts. will be following this up...
Litecoin is one of the strongest altcoins who has been really weak in the past period with its projects(Litepay) being failure. However lets not forget that it is still one of the strongest altcoins in the market and it is now in its buy zone. Since first of April Litecoin has triple topped at its Resistance(red area) area however since the third top it has more...
It's no April Fools joke: LTC will be over $1000 by April 1st! LTC will make some impressive gains very quickly as mass adoption speeds up and as we get closer to LitePal being released in Q2 or Q3. LitePal will rival Coinbase commerce and will be 10x a bigger deal than Litepay. LitePal will create more competition in the marketplace and more and more...
Litcoin Showing clear rising wedge pattern. We will look to the 68.39 point as our crit. If crit. prc is broken look for buy in's 1+to -1 65.00 point. If these prices do not hold expect retracements to previous crit point of 58.00.