After a week of red days, is Litecoin ready to bounce? Or am I too optimistic? After falling through several support levels, now one possibility is, it could bounce from here or 219 or trend line support and close this week above 245 to see it going higher. Must hold yesterday's low. A green day closing above 258 would give bit more confirmation for any move higher.
Ltcusdlong
believe it or not ... LTC still to $1000 !!check out out previous prediction for LTC in the related idea below ... it just moving on it !!
what happened that after breaking the diagonal dashed resistance line , price reached first target n then tested the same resistance line again as a support
and as we can see strong rebound right now which means that previous resistance flipped to strong support
nothing to worry about .... LTC still going to $1000 in my opinion
we maybe have another bearish scenario if a daily candle close below $164 other than that never sell
LTC to explode soon !!! Structures are pretty similar if you compare it with september fall
Just overlayed the fractal and we get a price target of about 1400USD
which is also respecting fibs if we overlay fib from 22USD to 380USD (most exchanges mark LTC top as 380 so took this as median level)
DYOR
THis is not investment advise
Great buy opportunity in Litecoin💯🚀Hello Guys
Another great Setup for Longing Ltc. As we can see Price is moving in Two Chart Patterns: An Acending Triangle and Inverse Head & Shoulder.
- Wait for the Candle breakout and Closure above the Green Resistance Box.
- Put your SL below the Breakout Candle.
- TP should be $327 or Trail it with the Training SL.
Happy Trading🚀
LTC bouncing from the demand zoneLitecoin is bouncing from the demand zone and now trading at the local support zone. This is a good opportunity to add some LTC for the mid-term. LTC has not pumped much like other big caps and a rally is pending.
Buy Zone: $260 - $265 (add more in dips)
Target: $288 - $317 - $344 - $382 - $424 - $478 - $514 - $565 - $620 (will touch $1000 in long term)
Litecoin almost 100% profit!!!!!! crypto signals 🌴QUICK FREE LTC/USDT UPDATE🌴
What's next❓
- Yello ladies and gents😎🥂
💎Exactly as the ParadiseTeam predicted in the previous free update (check here), for LTC to hit $290 was almost inevitable.
💎Today we can see LTC touching the mid-term resistance at $290 and naturally can expect a slight correction.
💎At the moment, the mid-term resistance ($290) looks like it will hold for some time. After Litecoin gets back its full power again and makes a successful reclaim above $290 by closing above it, we can expect LTC to flip the mid-term resistance into support and continue in its moon mission up to the next major resistance at $400.
MyCryptoParadise.com
iFeel the success🌴
ATH soon and than new ATHsWe'll test the ATH at 370 than maybe we'll have a small correction and if we break the ATH we'll have three targets for long term
715 (90%)
1062 (184%)
1322 (260%)
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LTCUSD BIG POTENTIAL BUY/LONG INCOMING!Technical Analysis
1. Pennant Pattern Breakout
2. Waiting for the pullback before we re-enter to reach 340.00 which is at Fibonacci Expansion 1.618 Take Profit Zone
3. Fibonacci Retracement and 1st Take Profit has been completed.
4. Waiting for Fibonacci Expansion 2nd Take Profit
Note, should there be consolidation at Fibonacci Level 1 (Grey Zone) we will prepare for a push up without the pullback
The entry point for the pullback is at 205.65 and Take Profit at 340.00
Litecoin (LTC) - Is this not Bullish or What?Last week I had posted a LTCUSDT chart outling the massive cup and & handle pattern Litecoin was forming which has since broken bullish. While are are up $50 since, I think it still has quite some way to go. A reasonable mid-term target is $360 to test the previous all time highs. Litecoin thus far has been one of the few coins that have yet to broken it's previous 2018 highs. We had Bitcoin break it's first, then Ethereum, and then Cardano & Binance. It's very probable that Litecoin is the next in line.
If you think the LTC/USDT looked bullish, LTC/BTC chart looks even more bullish. It has been in a massive weekly descending triangle that has gotten extremely tight. Furthermore the last few months we been seeing increasing volume (sign of accumulation) anticipating this break out. On the fundamental side, Litecoin is also about the release it's long awaited Mimble Wimble update, a project that they been working on for around 2 years. With Mimble Wimble, Litecoin will not only be just a faster and cheaper version of bitcoin, but also have the option to send payments confidentially. This should provide additional fuel to go further. In fact it wouldn't surprise me if Litecoin shoots pass $500 once it decides to move.
The caveat is that the overall crypto bulllish sentiment remains intact. As we seen before, if Bitcoin dump pretty much everything else goes with it. But if you are bullish Bitcoin and crypto; Litecoin is my number one pick.
LTCUSD Ascending Triangle - Recent clean 61.8 fib retracement indicates current market is in impulsive phase
- Consistent equal highs but progressively higher lows could indicate ascending triangle formation
- Anticipating corrective move to form new higher low (buy point), followed by break and retest (buy point 2), before clean push towards fib extension based target of $297