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Ltcusdtlong

LTC/USDT : Breakout from ATH's resistance zone and cylinderBINANCE:LTCUSDT Hello everyone 😃 LTC had a breakout from ATH's resistance zone and now it's moving above Livermore's cylinder. As I mentioned on last LTC's analyzes : LTC broke the cylinder's higher line and now it's accumulating above it ! There is a expected retest on ATH's resistance zone also. But major movement is extreme bullish and I expect a leg up around ~700$ level within 4 weeks. Hope you enjoyed our analysis about LTC's possible growth🙌 You can support us with your likes. Also you can share your opinion with us in comments 😉🙋🏼‍♂️ Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
18
LTC/USDT : 2 major factors that makes LTC ready for new ATHBINANCE:LTCUSDT Hello everyone 😃 There are two important factors that makes LTC extreme bullish for next month ! 1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART. 2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase. As we mentioned on our last analysis about BTC and ALTs; this month will be great opportunity and now LTC is one the coins that have enough potential to over perform BTC... 1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART. Recently we recognize that LTC movement is so similar to LIVERMORE's cylinder pattern; Now we passed the accumulation points and next point will be at profit zone ! So now; What is LIVERMORE's CYLINDER PATTERN ? Jesse Livermore was a speculative trader who based his investing decisions on the price action rather than on the stocks fundamentals. Jesse was from the first halve of the 1900s where the market participants of the day had little understanding of the fundamentals. Their investing philosophy was gambling oriented and they simply speculated on price increases. 📌 Based on LIVERMORE's chart; LTC will have 3 more highs in incoming months. However LIVERMORE's chart was based on traded volume but we can calculate the average direction of it ! 2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase. On monthly timeframe; LTC/BTC have a same scale of movement on 2017 ! Last time that BTC underperformed LTC pair rallied up to 580% in 3 months... Now BTC is underperforming LTC again ! We expect another aggressive push in next month on this pair and so; We might see same result on USDT's pair. Hope you enjoyed our analysis about LTC's possible new ATH🙌 You can support us with your likes. Also you can share your opinion with us in comments 😉🙋🏼‍♂️ Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
39
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
Long
by BTC-fire
1
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.
Long
by Coindicator