Litecoin is boomingLitecoin
Intraday
We look to Buy at 55.28 (stop at 53.17)
A sequence of intraday higher highs and lows has been posted. We can see no technical reason for a change of trend. We look for a temporary move lower. Support is located at 55.00 and should stem dips to this area. Dip buying offers good risk/reward.
Our profit targets will be 59.94 and 62.00
Resistance: 60.00 / 80.00 / 100.00
Support: 55.00 / 48.00 / 25.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LTCBTC
LTC LONG-TERMLTC supposed to be big in the next bullrun
as you see LTC reached the down trend target
LITECOIN to Take $19 Billion From The TOTAL2 Altcoin MarketcapWe have a Bullish 3 Line Strike as well as a Tweezer Top Visible on the Monthly Timeframe which would Currently put LTC on a path to take atleast a 3.7% Market Cap Dominance over the Total2 Crypto Market Cap which at TOTAL2's current USD value would put LTC at a Market Cap of atleast $19 Billion which is a little over 11 times more than it's current Market Cap; Assuming that the Circulating Supply of LTC remains near where it is, that would imply that the LTC/USD price will go up to around $584.85 per coin of this TOTAL2/LTC chart were to play out.
alt for alt swaptime has come for ltc to show how the long awaited mweb works. rivaling against xmr over mainstream privacy will take a while until xmr retakes its position as the one that is more private. xmr retaking the position will probably leave ltc bleeding, potentially after some issues being discovered with mweb or exchanges delisting it due to privacy features. this could be an interesting ride. finally if btc ever decides to implement mweb, this could be a great reason for governments and financial institutions to tighten checks where fiat to crypto or vice versa exchange is involved, since bitcoin would allow more private transactions. past year, many european countries have received eu directives to forbid legal entities to trade with privacy coins such as monero, zcash and other. if btc gains this privacy solution some time in following years, governments could make legal entities to require documents upon any crypto exchange. at this time we could expect higher p2p trading and new p2p exchanges to allow people advertise and exchange without any 3rd parties. unless cbdc decides to destroy bitcoin core and reinvent the wheel. stay safe, hard times could be coming.
$LTC updateAnother long opportunity
entry - (if it pullback 51, but 52 .1 is fine.)
tp - (53.67 green label on the right of the chart)
OR
(you can take on some extra risk and let it run to 54.2.. your choice)
SL - as always 3% or 5% of your entry.
Good luck!
LITECOINLTC/USDT forming Bearish Pennant Pattern breakouted on Support Zone waiting for a little small Pullback on Supply Zone Retesting and Sell
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Litecoin LTCBTC - Falling wedge + New bull market! +Elliott Wave- On the weekly chart we can see a falling wedge - bullish reversal pattern and the price is currently above the wedge!
- Due to my Elliott Wave analysis - we have completed an impulse wave successfully (12345) as you can see.
- Our profit target is 0.618 FIB retracement of the wedge or you can target top of the wedge if you think that the price can go even higher.
- LTCUSD pair looks strong compared to bitcoin last week, so we can really experience a huge uptrend.
- We have a huge volume spike as you can see on the indicator!
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Litecoin looking lowerLitecoin
Intraday
We look to Sell at 49.96 (stop at 52.06)
A bearish Head and Shoulders is forming. We look to set shorts in early trade for a further test of the fragile looking support. A move through bespoke support at 50.00 and we look for extended losses. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 44.02 and 41.01
Resistance: 55.00 / 58.50 / 74.00
Support: 50.00 / 44.00 / 41.61
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Litecoin looking towards the 61.8% Fib? Litecoin
Intraday
We look to Sell at 54.63 (stop at 55.69)
A bearish Head and Shoulders has formed. We have a 61.8% Fibonacci pullback level of 54.82 from 57.00 to 51.30. The hourly chart technicals suggests further upside before the downtrend returns. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 51.30 and 47.51
Resistance: 54.50 / 58.50 / 74.00
Support: 51.30 / 50.00 / 41.61
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LTC On Track to Outperforming The Rest of The Crypto MarketAs i would have hoped LTC has recently begun to outperform other coins as a few months ago it showed an edge against Bitcoin Cash and has since significantly risen in value against BCH; Along with that we've also seen LTC make big gains against Ethereum and now we're finally seeing it move against BTC even during this bear market. if all goes smoothly we will see LTC front run the market and gain significant marketcap dominance.
Link to the LTCBCH chart are in the related Ideas tab below.
Short term bullish on crypto? Litecoin
Intraday
We look to Buy at 44.05 (stop at 42.82)
Preferred trade is to buy on dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 43.50. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 47.44 and 51.29
Resistance: 51.00 / 56.00 / 74.00
Support: 44.00 / 41.61 / 30.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Litecoin is posting higher lowsLitecoin
Intraday
We look to Buy at 43.64 (stop at 41.44)
We look to buy dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 43.50. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 50.73 and 54.19
Resistance: 51.00 / 56.00 / 74.00
Support: 43.50 / 41.61 / 30.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
26% DOWN in 1 DAY!!!Litecoin
Intraday - We look to Sell at 45.89 (stop at 47.18)
Preferred trade is to sell into rallies. A sequence of weekly lower lows and highs has been posted. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today.
Our profit targets will be 41.13 and 39.19
Resistance: 45.00 / 56.00 / 74.00
Support: 43.00 / 35.00 / 30.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Mimblewimble & Litecoin's Textbook T.A. launch TriggerMimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022, just 4 days away.
We have seen a multi-year decline in Litecoin's ratio versus Bitcoin. This is very similar to the declining imperfect resistance line, we had seen in the 2014-2017 period. This alone from a pattern recognition perspective is interesting but the sole reason to be entering this trade. I believe this swing trade is reaching the ideal entry zone, due to an almost identical bottoming pattern that we have witnessed.
We have seen a very similar pattern highlighted by the Orange and Green circles.
>>> The Orange Circle highlights the break out of the multi-year declining resistance line. This is followed by an around 30% decline in the ratio, in a short period of time.
>>> The Green Circle highlights the bottom area, from where the LTCBTC ratio finds support on the declining resistance line. This was followed by a large move to the upside in the 2017 example. This is a textbook trading signal of a reversal.
I believe their is a 5-7x potential return on this trade. Ratios can even fluctuate in sideways markets, this makes this ratio trade particularly attractive in this volatile environment. Potential to profit on the LTCBTC ratio 5-7x, plus the predicted rally in Bitcoin over the next year (30->150k?).
Litecoin ready to drop!!Litecoin
Intraday - We look to Sell at 60.68 (stop at 62.08)
Preferred trade is to sell into rallies. A mild correction has been posted from yesterdays low, this is seen as a retest of the breakout level. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today.
Our profit targets will be 51.94 and 49.10
Resistance: 61.00 / 70.00 / 74.00
Support: 58.50 / 51.00 / 40.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LITECOINLTC/USDT update this is new analysis how i predicted to catch this coin you can watch the previous analysis and see how its gone now im gona sell it
ENTRY - 68.50
TP 1 - 67.50
TP 2 - 65.50
TP 3 - 63.50
TP 4 - 62.50
TP 5 - 60.00
SL - 72.50
Cryptos aren't backLitecoin
Intraday - We look to Sell at 66.96 (stop at 68.79)
Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. We have a 50% Fibonacci pullback level of 67.18 from 73.92 to 60.45. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 60.44 and 51.10
Resistance: 67.00 / 73.00 / 98.00
Support: 60.44 / 52.00 / 50.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LITECOINLTC/USDT i think LTC will broke Resistance and my target for LTC is 68-69$ and will drop down into Support zone 59$
NOT AN FINANCIAL ADVICE
Litecoin (LTC) formed a huge bullish Gartley for upto 1350% moveHi dear friends, hope you are well and welcome to the new trade setup of Litecoin (LTC).
On a monthly time frame chart, LTC has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Feeling lighter?Litecoin
Intraday - We look to Buy at 65.02 (stop at 62.98)
Price action continues within the short-term bearish trend channel. Previous support located at 65.00. A move lower faces tough support and we remain cautious on downside potential. Trading has been mixed and volatile.
Our profit targets will be 73.19 and 85.00
Resistance: 74.00 / 82.70 / 88.00
Support: 68.00 / 65.00 / 61.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Litecoin: Where next? Litecoin
Intraday - We look to Sell at 72.96 (stop at 75.42)
Further downside is expected and we prefer to set shorts in early trade. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. Levels close to the 38.2% pullback level of 73.00 found sellers. Upward pressure has continued and we are assessed as being in the corrective leg before the next selloff. Preferred trade is to sell into rallies.
Our profit targets will be 65.40 and 51.10
Resistance: 73.00 / 80.00 / 90.00
Support: 65.00 / 60.00 / 50.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LTC / BTC: Will MWEB upgrade save LTC?Litecoin has underperformed compared to many Alt's over the years. But everyone has atleast heard of it, as it was one of the first for many years that Coinbase offered. Part of "The Big Three"
As it slipped off the radar for many it is a solid coin. P2P and PoW, it's simple fundamentals make it great.
It's scrypt algorithm makes it good for miners as there is lots of scrypt miners running always mining the most profitable scrypt tokens. So we fundamentally have the computing power to sustain it's network transactions.
Well now the MWEB will turn litecoin into a Private Currency. Like XMR, Dash, ZEC, etc. Very strong performing coins.
The upside to LTC is that it's in almost every exchange. It's been around for many years.
A bullish falling wedge has been forming. & it's still at rates from 5 years ago. BTC and ETH blew it out the map with it's performance gains these past 5 years.
Here is one thing about LTC... When it pumps.... it pumps, there is no waiting.
I personally believe the blue path will take play. & We will see $1500 LTC in the months to come.
Historically LTC Surges, 100% of the time if this Pattern OccursSince the start of 2017, Litecoin's 50 Day SMA average has inverted upwards 12 times. The 12th time is occurring as we speak.
11/12 times this has Chart Pattern occurred, it has been followed to a rise of LTC against BTC. Will this be the 12th repeat?!?
Although this type of pattern recognition, is not my favourite sole type of analysis to use in entering a position. I believe this combined with my other reasoning in previous posts, is further confirmation that we will see the predicted rise in the next few days/weeks.
Hold the Line.
