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LTC

BTCDBeen a while since I updated BTCD here on Trading View, 2020-2021 was my BTCD year where most of my analysis hit the targets. Reviewing this monthly chart we can see the Stoch RSI is bouncing off the 1/2 way level between overbought/sold. The diagonal has likely completed Wave 4 and W5 should hit that top expanding TL and likely overthrow , so we can assume 49-52% for now to finish the 5th. And what this analysis means is only 2 possible scenarios: 1) BTC & BTC coins (BCH,ADA,DASH,XRP,LTC to name a few) will all get big moves up after BTC leads. Then once the final drop hits ETH and the rest of the alts will pump. 2) BTC will Nuke to my $10-$12K targets which isn't to far away from the recent ATL around $15K. But Altcoins will drop another 50-70% from these levels. TBH I favor option 2. ETH is still not below June 2022 levels $900 while many alts have already broken below June lows and most seem to be headed back down as we speak.
CRYPTOCAP:BTC.D
by Big_Mike716
1
LTC - Positive momentumLTC has been trading in a range with positive momentum over the past week. LTC trades below the $70-$72 resistance range and the $62.1-$64.3 support range. But if you pay attention to the chart, the trend was downward before entering the range area. Therefore, we can draw a downward trend line, and if this dynamic support breaks, we can receive a price reduction signal. Also, in the 4-hour time frame, double ceiling patterns are forming under the roof of this resistance, which will be confirmed if the trend line is broken. More accurate linear support can be considered at the price of $67.5. We can consider this range almost as the midline of the channel range, which in case of collision, there is a possibility of reacting to this level for minor fluctuations. But in the bullish scenario, if the current resistance is broken by buying pressure and the price growth continues to the level of $73.6, we can consider the resistance broken, and after the pullback to this level, expect to continue the upward movement to the $77 range. to be
by MonoCoinSignal
5
💲Litecoin Heading For $85💲💲Litecoin Heading For $85 💲Litecoin, in my opinion, has really strong potential for growth in the coming weeks. 💲Comparing it to other cryptocurrencies, it stands out very positively. 💲The technical environment is very supportive of the upward perspective. 💲In my opinion, we are facing the next wave of growth on Litecoin. 💲The support zone is located around the fibo level of 0.5 of the entire upward wave from the bottom to the current peak. 💲I set the resistance zone near the recent peaks. 💲The scenario I am playing out is the start and continuation of a new upward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
7
LITECOIN, Triangle Completion Points to Further Volatility!Hello Community, as the year of 2022 is coming to an end the market shows up with important structures and developments that are necessary to watch and in this case there are coins in the market showing opportunities to move forward with. It is always necessary to look at the cryptocurrencies in the market with an increased pump potential in the market which other cryptocurrencies in the market do not show. In this case I detected a crucial formational structure developing in Litecoin with a determining potential to watch out, especially in the next times. As when looking at my chart we can watch there how Litecoin recently completed this main ascending triangle formation with a breakout above the upper boundary and now Litecoin has come to an important point in the structure here as it is trading above the point of control marked in red within the volume profile in my chart, this is the point in which the most volatility is staying and as long as Litecoin holds above this area it is a good level and setup for further continuations to move forward with. The longer Litecoin stays above this area and builds up as it is seen in my chart the stronger the preceding breakout and volatility continuation will be and once Litecoin also broke out above the upper boundary of the confirmational triangle this will be a setup from where Litecoin is going to accelerate heavily and activate the target zones seen in my chart. Once these targets have been reached it will be central on how Litecoin approaches the areas and if the volatility is high or not, in either of these scenarios further assumptions can be made. 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.
by VincePrince
10
✴️ Litecoin Potential Bullish PatternWhen we look at the last three candles on the Litecoin vs USD chart (LTCUSD) we have a potential reversal pattern... Not yet complete/confirmed. If Litecoin were to close daily/today above $66 this would send out a strong bullish signal. Support was found at the 0.5 Fib. retracement level. While this isn't the 0.618 nor 0.786 Fib. level, when a pair is really strong it can recover sooner such as 0.5 or 0.382 Fib. This is the case with Litecoin. We know it has been strong because it moved ahead of the entire market. Another signal is a hidden bullish divergence short-term. Looking at November vs December, LTCUSD hits a higher low. The RSI on this same date hits a lower low... This is a hidden bullish divergence and while a short-term one it is really strong. There is growth potential. Higher lows tend to lead to higher high... So prepare! Namaste.
GEMINI:LTCUSDLong
by AlanSantana
14