Litecoin (LTCUSD)Invest idea on Litecoin. There are signs of potential bullish reversal. See the chart for details. Support this idea with your likes!
Litecoinusd
LITECOIN is trading within a falling channelLTCUSD
Is currently trading within a downward channel and the price action suggests that the upward momentum is slowing and we can expect sudden drop like one previously happened.
In longer timeframe Head and shoulder pattern is formed and felled towards 42.00 level
If the price move below the current level then the expected target level will be around 40.00
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Litecoin is overlooked and CHEAP!LTC is cheap compared to other Alts or BTC. Sure it's just a copy of Bitcoin with no technological superiority compared to other cryptos. But it's the second cryptocurrency made, so it's name is embedded in crypto. And although it's cheap now, I don't see it being so cheap when the next mania hits.
Litcoin price Daily Fractalsprice holding 200 ema and fractals looks the same let's see how this behaves.
Litecoin / USD ........ Range bound trades expected....Resistances marked in Red..
Supports in Green...
Trend in dotted Lines...
Channel in Blue.....
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Litecoin's Sign of Strength is Near - Buy (Wyckoff Idea)The 30 Min Litcoin Chart from the previous fall looks very similar to a Wyckoff Accumulation Schematic. These Schematics Can be found on any time frame. I have marked every point that you would see in a Wyckoff chart. We're jjust waiting on the sign of strength to "jump across the creek" Maybe have a little shake out before the distribution continues. We're at discount prices, the volume continues to gte lower and lower. Find a dip and go long. Any Wyckoffian's out there have any input? COINBASE:LTCUSD
LTC - Will it find support @ 200 day MA?LTC Still trading in upward channel dating back to March
Short Term target set @ $49.
What will happen next?
- Holds 200 day MA & Trend line dating back to March
- If price drops bellow trend line and 200 day MA (with volume), next target set @ $34
- If price holds channel formation we're looking @ $71 in the coming weeks/months
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Litecoin Symmetrical Triangle SupportLitecoin
An alt coin that is holding up very well throughout this bleeding.
The upper band of the symmetrical triangle that has formed from the ~350 high to now is acting as a support
I added LTC to my portfolio based on its ability to hold up like this.
$LTC IS MOVING UP$LTC is moving up and it will continue up to 81$ in my opinion. There will be a correction to 50-60$. I am waiting for correction after 81$. It will go up again to 100's $...
We will about the MimbleWimble privacy testnet launch for litecoin in september. It will effect to price....
We'll see:)
LTC More Bulish than bearish.Hello, traders.
Recently LTC broke the long-term Resistance line and made a pullback to test that level as a support, but be careful we are still below an important support level, and above that resistance, I expect the price a huge move up.
Best. Regards.
LTCUSD LONGUpdate since my initial entry around $45, bullish holding my swing trade position, and have been adding in on deviations. Bullish bias continues will litecoin. Just my personal opinion on the matter.
LTC long term analysis - 29.08.2020On a weekly timeframe, the LTC is in a consolidation phase after breaking the previous weekly highs and the 23.6% level of the weekly Fibonacci retracement at 55$. However, the price is now testing this strong level that served as a support and resistance many times previously.
I'm now waiting for the weekly candlestick to close in order to determine my long term bias.
If price closes above this key level at the end of the week, I'll open a long position on LTC with the following targets:
TP1: 65$ (latest top)
TP2: 75$ (38.2% level of Fibonacci)
TP3: 91$ (50% level of Fibonacci)
Disclaimer: This is a trading idea and not recommendation to buy or sell. Please trade based on your own convictions.
Litecoin Broadening WedgeI recently added LTC to my portfolio based on two factors
This wedge that i have just discovered
and also this Monthly gaussian channel price placement that i will link
I believe litecoin has proven its place in the crypto space, showing continuous longevity
heres the chart
LTCUSD (Litecoin) - Load UpIf price manages to remain above my key level marked at 55, we will potentially be looking for a long position into the 80 region. Remain patient and allow for the market to show you its true direction before getting involved in a trading opportunity.
IG Client Sentiment states that 92% are net-long.
Bitcoin Cash, Litecoin - Alligator ComparisonBitcoin cash's alligator status is currently 'asleep' on the monthly chart
I recommend this as a long term buy, based on the comparison to Litecoin's bullish alligator cross from sleep.
Litecoin at this time of alligator awakening skyrocketed from $5 to ~$300
All i know is that it is a big increase and should be acknowledged when looking at bitcoin cash's alligator profile.
I am long both Litecoin and BCH..
Litecoin Vs US DOLLARAll you wanted to know about litecoing trading ranges
Marked major trends and Support resistance zones|
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Stay Tuned.............
Bulls want to hold the midline of the channel on LTCBullish configuration still possible at this stage on LTC
Looks like it was a C and not a 3 on LTCAll i can see is :
A = C
Daily bearish divergence
Clean 5 waves count in C
Perfect channel hit.
Litecoin massive buy signalLitecoin big buy signal
A huge bullish divergence can be observed on the weekly chart
I believe this is the last test and breakout of the symmetrical triangle that has formed.
LTC Upgrade, Bullish?FA:
LTC Upgrade approaching; if it is successful it could confirm the road to reach newer highs for LItecoin.
TA:
Broken Previous Resistance Level
Strong upward wick supported by bullish sentiment due to upgrade
Positive Money Flow shown by the Balance of Power indicator
Not a good buy area, the downside is too high
If you are already in the trade, keep going
If you would still like to trade it, use dollar-cost averaging on the hourly chart and look for retracements
-Megalodon (Rahim)
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BINANCE:LTCBTC
COINBASE:LTCUSD BINANCE:LTCUSDT BINANCE:LTCUSD
Litecoin Breaks the ResistanceLooks REALLY good from a monthly perspective
Very high chance this will increase to ~90-100 in the near future
lets go Charlie
First chart is an hourly view
Second one is a weekly view
