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Ltcusdlong

LTCUSD just broke out if its long term downtrendLTCUSD Just broke out of its long term downtrend on the weekly TF, great long term long opportunity IMO. We’ve broken and retested previous resistance Massive bullish volume HH & HL’s And with BTC and ETH pushing up to all time highs, LTC is sure to follow. Multiple take profit levels from a potential 53% to 500% if we get back to where we were in 2018! I’m now looking for a pullback to hopefully around $51 to get my entry but my do staggered entries between $51-$56 and will hold this until at least the first target of $79 for a potential 30% minimum gain.
BINANCE:LTCUSDLong
by TradeTravelChill
LTCUSD: Good opportunity for LongAt D1, the cloud is directing upward, indicating an uptrend. The RSI moved down to the level of 50 and the price found support on the Ichimoku cloud. At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe. Besides, you can see how the Falling Wedge Pattern is being formed and RSI is at the oversold level, which indicates the weakness of sellers. We recommend buying LTCUSDT at the end of the Falling Wedge Pattern (near the 50% Fibonacci level) and take the profit near the level of 68.
BITFINEX:LTCUSD
by QubitLife
5
LITECOIN TO $1,000- Litecoin could easily see minimum $1000 in the next 4 years - The future support will $370-420 - Litecoin will shoot up up any time soon, once it does, it will not see 40s and 50s again for accumlation - Lowest line once broken, will at least hit the 3rd line from top - If Litecoin moons today and hits target line, then its $700, but this wont happen today, so it will be +$1000 This is long term and the lines proves, and if you don't believe it you're just delusional and still hating on "ded" coin. See you later!
BITFINEX:LTCUSDLong
by kxa5111
5
LTC/USDT: Daily Breakout Analysis 1D (Aug. 01)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Litecoin's daily chart in order to assess its breakout pattern and potential targets by identifying resistance zones and using the Elliott Wave theory. Analysis - To begin with, Litecoin has broken out of a bullish descending wedge formation, similar to EOS - Litecoin has been consolidating within this pattern for weeks before breaking out with immense bullish momentum - The Exponential Moving Average (EMA) Ribbon shows a golden cross as Litecoin broke out - Counting Elliott Waves, we can see Elliott Impulse Waves (12345) leading up to the descending wedge - Within the wedge pattern, it consolidated in Elliott Triangle Waves (ABCDE) - Having broken out from the pattern, it's anticipated that Litecoin would form bullish impulse waves once again - While the trend is extremely bullish, there are some concerns as well - Litecoin faces major historical resistance around 63.13 USDT - The Relative Strength Index (RSI) is also extremely overbought - The Moving Average Convergence Divergence (MACD) shows decreasing bullish histograms as it looks to potentially form a death cross What We Believe While the outlook on Litecoin remains bullish, based on current technicals, a small corrective wave is highly probable, considering the steepness of the rally. However, we believe that the bullish trend will remain intact, given that the degree of correction is not too severe. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
2
LTCUSD long term weekly view ideaI believe we are breaking out of a long term trend line starting at the high of 146 on June 17th 2019 in this weekly candle depending on where it closes in six days, also the blue shorter term trend line stemming from the two wicks @ the highs 50.96 on April 27th 2020 and the wick on June 1st 2020 @49.90. To really confirm a breakout we not only have to close the weekly outside of the long term trend line but also not get rejected from the blue trend line, which if we tested this week would be at 48.87. A confirmed break above that level as well as the long term trend line and i will have my target set for 80$ with a hopeful retest of 64$ before a continuation. This is all subject to change depending on where this weekly candle closes.
COINBASE:LTCUSDLong
by cstevens97