Litecoin - Buy or sell?What is the market going to do? is it going to sell or buy?
Let's wait and see.
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Ltcusdlong
LITECOIN ADAM AND EVE PATTERN!!! BULLISH ADAM AND EVE PATTERN!!
- Projected potential target = same height from base to resistance of adam and eve pattern = %611
- projected long term target $1050 usd
let me know what you all think, is a $100 billion market cap possible for this coin?
''Buy Big Sell BIGGER'' - MegaWhale
LTC Ready to retest 180 $ Zone ?#LTC/USDT is one of the currencies that correlates with bitcoin, and I think it is slowly coming to end of retrace and can be held from the 130 $ - 105 $ steps ,and target is re-testing the heavy resistance of $ 180 in long term .
Buy Zone : 130 $ - 105 $
TP : 147 - 157 - 166 - 174 - 186 - 200 - 220
SL : Daily Close Below 100 $
How to safely invest LTC and other cryptocurrencyThis strategy is very simple and conservative
You divide the purchases into parts, you never buy all in
Each zone has 3 parts
You divide your capital into 6 parts and gradually buy it
in case the price reaches the remote purchasing zone, you keep part of the capital
An example will be $ 10,000
2000 $ you will hide for the worst times (remote area)
8000 divided by 6 6 = 1333$ (six buy long zones)
If the price also reaches the profit zone, you gradually sell off the profit
It's up to you what ratio you choose
It's my idea to invest safely
It's much less emotionally demanding than buying all in :)
Litecoin Could Follow Bitcoin Steeply ...LTCUSDT analysis !What is🌟 LiteCoin🌟?
It is another cryptocurrency that is very similar to the famous currency Bitcoin. In general terms, if we consider Bitcoin as gold, this currency is like silver.
Litecoin –LTC is one of the top five cryptocurrencies created in 2011 by Charlie Lee. Litecoin is a peer-to-peer network while it’s cryptocurrency Litecoin price prediction y has the same name. Using Litecoin, you can make fast and secure payments around the globe. Litecoin is a “lite version” of Bitcoin. Litecoin is a fork of Bitcoin based on the same code. Litecoin came to Improve capacity, to make faster the block generation while it uses a script in its PoW algorithm.
The Litecoin price prediction is a tough task as there are many factors that affect the price of the cryptocurrency. As in other assets, the supply and demand of Litecoin are essential factors affecting the Litecoin price. Also the cost of producing the Litecoin through the mining process plays a significant role in Litecoin price. The price of competing cryptocurrencies, etc.
What can we expect from Litecoin price in the future and what can boost it?
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❇️Quick Technical analysis
On December 14, 2020, the price of Ltc jumped from $ 80 & the ema8 (white line in the picture) with an increase in trading volume and went up to $ 185. But the long candle price in the weekly time frame shows the strong defense of sellers from this level.
If the price moves down the downtrend line, the bears will once again try to break the $ 130 support. In this case, the head and shoulders pattern will be activated at the target price of $ 100 and below it up to $ 80.
On the other hand, if the current high support price stabilizes in the vicinity, the uptrend will be pushed upwards, and the price growth will be possible up to $ 150, and finally the resistance of $ 185. may be seen again. Breaking the price above this level will increase the probability of continuing the upward trend and will give a strong smile to the upcoming goals.
However, the slope of (ema 8) is horizontal and the relative strength index (RSI) is above its mid-level and We see red volumes. These factors will show the balance between supply and demand and the entry of prices into the consolidation phase for some time.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
Don't bet against the chickenThe blue box is where price will head to next, then potentially sooner than expected it will rocket.
LTC is BTC 1 cycle behind 1/4 the price, the UTXO confirms 70% of the circulating supply going back 3 months to over 5 years have been accumulated.
These trendlines will be important, the top ones may not hold any longer after this and the bottom may get moved up.
LTC/BTC has been setting up for quite a while maybe next month or march/april perhaps the longer the ratio coils the higher USD value LTC will become.
Waiting for 8/1 break out for new all time highs, quite literally any month now.
LTC/BTC has a bigger Gann Fan pattern which leads me to believe the LTC/USD breakout will be biblical when the ratio and the USD pairs break the 8/1 Gann Fan