Bull Flag Breakout Incoming ?Had a nice bounce off of the 50% Fib Retracement and seeing movement back up to higher trendline, perhaps an incoming breakout on this 4hr Bull Flag if volume increases ? $82 is the target. Just an idea
LTCUSD trade ideas
$LTC always leads the runsEverything is down right now and LTC has a minor pump. Based on what I’ve seen, usually it leads the bull run so if it is indeed the bottom then this is where we’re going.
LTC HalvingEach halving that has come and gone is labelled.
Not sure where price is going to go.
Hashrate is at an all time high and can be seen here: www.coinwarz.com
Hashrate can also be seen here: bitinfocharts.com
So why not have a little fun and BELIEVE
Litecoin- New leg up?In my previous Litecoin analysis, I said that the structure for this coin is very bullish and we can have a rise towards 100 important figure in the medium term.
Indeed, after a very short-lived spike under 60, LtcUsd has risen and broke above 65 resistance which was also the resistance of an ascending triangle.
Acceleration followed and a top around 80.
After this top a correction was normal and, the Pin Bar from yesterday exactly at the beginning of November's top could signal a new leg up.
I expect continuation and Ltc back above 80 would bring confirmation for this.
My target remains unchanged, towards 100.
Only a daily close under 65 would change my bullish outlook.
LTC - not sure why everyone is bearish Just zoom out. Should see a nice rally to $100 or more. Short to medium bull. Long term new lows
LTC/USDTHello Traders.
welcome back to another premium analysis for you.
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this trade could be like big shot if you will handle carefully.
Nowadays everybody fall in low with #LTC & in fomo. but I'm looking for to open short position & will make money.
sentiments are completely bullish right now these all could be fruitful for retailer but not for professional. so if you look deeply LTC everything is bearish & ltc is very close to crash.
you can short it around 90$ to 96# & SL 107$ & keep your position hold around 30$ Minimum.
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Reward me your best comments.
Possible double bottom? I'm bullish on LTC, trend is positive and a double bottom already happened, but expecting crypto market dump soon so lower prices ahead are to be expected IMO.
This is also confirmed by negative (statistical) skewness trend (pale red line), and negative volume trend yet to breakout.
I see a possible double bottom forming on LTC on an important resistance.
Based on previous volatility, I expect a sigma 3 move (3 standard deviations) to the upside as target for the pattern and next peak, which is about 110, which is also an important price level.
LTC: Strong Support at $65 With High Odds to Continue UpwardHi Everyone! Yes, we do see potential to fall down to or near the Yellow B-Band Basis in the 24-hour at $65.00. Yes, it is possible to over extend below $65.00. However, if we do fall below $65.00, I expect the price action to pop right back up rather quickly to $65 or above $65. We also see increased odds in higher time frames to continue up - AFTER A PULLBACK - to around $94 to $108 price range. Will that move up be an Exponential Rally in Phase B - OR - a Sign of Strength Event in Phase D of Accumulation? That remains to be seen. We really will not know the answer to that question until later. This is explained a bit in the video.
I hope you found this video helpful.
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Happy Trading and Stay Awesome!
David M Ward Jr
Short Term Group of time frames:
Near Term Group of time frames:
Mid Term Group of Time Frames:
Long Term Group of Time Frames:
Macro Group of Time Frames:
Super Macro Group of Time Frames:
My Long position in LTC !Hello dear traders and my subscribers 👥, please if you like ideas do not forget to support it with your boost 🚀 , thank you so much
Litecoin Setting Up for A Bart Simpson Reversal - 🌈TheoryUsing Rainbow Theory we are seeing Litecoin setup for a potential Bart Simpson Reversal. We keep setting up and testing the upper pivot(dashed red line), once this is broken it will likely start to free fall down to balance out the trend.
If you have any questions about my TA or the indicators used, please leave a comment below or send me a DM . All of my links are next to my profile pic :)
LTC: Party now or party later?LTC looks to have completed primary degree wave 1 with a contracting leading diagonal structure back in May 2021. Since then, there has been a 3 wave retrace. On log scale it looks pretty shallow of a retrace out of the diagonal top. However, the price has fallen over 90% from the top, which can be justified as enough retracement. The current move up doesn't have a clean five waves move up, which keeps the possibility of the June 2022 low to be a bigger wave A, with current rally as a B wave up followed by a larger C wave down to reach at least .618 - .5 retrace. At the moment, I will watch LTC for at least two or three months to see how the structure shapes up. Regardless, the longterm outlook looks very rich!!!
LTC The LTC is sitting in the key zone.
The breakthrough below the zone in the past decided to sink to the bottom.
With the loss of this zone a possible decrease to support around 50 USD and in the extreme case with the loss of this support a possible repetition of the bull run 2018 pattern.
Not the financial board.
Just for fun.
Litecoin. Is it a leading Indicator?LTC has been pumping and there seems to be no reason for it.
I have been think it maybe a leading indicator to a pump. I know we are all looking for something, anything, that will give us confidences that this market is going UP . I have nothing concrete to point to this idea, my TA tarot cards or crystal ball just a hunch.
Take a look.
So what do you guys think.
LITECOIN, Huge Channel-Breakout Indicates Further Spikes Ahead!Hello Community,
Welcome to this analysis about Litecoin on the daily timeframe perspective. As I researched the cryptocurrency market recently I found a interesting constellation in Litecoin and the determining factors that add to a scenario with positive implications to emerge. Therefore, as looking on my chart we can watch there Litecoin has emerged with this huge ascending-channel-formation and recently as the 65-EMA in blue crossed above the 100-EMA in green Litecoin manages to build up on this EMA bullish crossover and show up with a final breakout above the upper boundary which means that Litecoin is now about to form a substantial setup from where a continuation is likely. As Litecoin showed up with the final breakout the final targets of this breakout are confirmed as seen in my chart within the 110 USD region, once these are reached it has to be watched out on how Litecoin moves on further after this and if Litecoin has the ability to stay within this area or a pullback follows firstly.
In this manner, thank you everybody for watching, Let's move forward together.
The information provided is only educational and should not be used to take action in the markets.
LTC Elliott Wave count 1W TFI dont think Litecoin ended his correction from the macro view and will turn to the downside soon!
The corrective pattern that I am watching for Litecoin is a wave 2 flat starting from december 2017.
Recently move to the upside may be a 4th wave from an impulse C wave that forms flat pattern.
Also this 4th wave may go to 102 before turns down to end this flat C wave.
