LTC Litecoin has been on an uptrend now since late Sept. It is coming to a head at the end of a resistance triangle. The area coming up could host potential breakouts. Minor resistance at 195. Major resistance at 233.
Litecoin got a lift to higher levels, facing resistance at $191. We saw great support just above $174, confirmed by several green triangles on the KRI. The Kovach OBV is rising, suggesting momentum may be coming back. To contiune, we must definitively break $191, then $195. These are the last levels in the $100 handle. Then we will be clear to see $200's again.
On October 13, 2011, the Litecoin network first went live. Last Wednesday marked ten years from the debut of digital silver, which has arrived at the same time as the asset has made a new all-time low against BTC.
Zooming out the LTC/BTC chart one can spot an oscilatory behaviour of LTC against BTC.
The LTC/BTC pair trade could potentially goup to 5x to 10x...
Sometimes I'm shocked seeing sell ranges, but at the end of the day - it's just numbers... Imagine telling someone once Litecoin is at $3 that it will do over 100x within the next few months... You would be laughed at. Now look at the price from the beginning of 2017 - seeing possibility of c. $3k looks like a matter of time. To good to be true - let's see how...
Litecoin has rallied to the $190's, but has sharply retraced back to safety in the lower $180's. We broke through support at $184, but have held strong above $174. We are seeing some green triangles on the KRI at these lower levels suggesting support. If these lower levels don't hold, we can definitely expect support from $174 or $169. We must break through...
12H MACD flipping bearish. Price action must continue upward above the range high and SR flip it to remain bullish. Break the the c-fork and we can see LTC back at range lows.
This is an interesting one...
Here we can see that the TOP altcoins have their own cycles/charts.
This is LTCBTC and this one is completely different from most other ALTBTC pairs.
This week, LTCBTC hit a new All-Time Low, going lower than the low hit back in March 2017.
This low was set at 0.00300000 and recently we hit 0.00293440 on a wick.
Now, this is...
#LTC / Daily Timeframe
LTC Respecting the uptrend line for 583 Days and will long LTC If we break the inclined trendline and the red Zone. We are already more than 50% Below the previous All-time high.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (185.9).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Hi every one
LITECOIN / TETHERUS
LTC has formed a Inverse Head and Shoulder pattern. this pattern is a Bullish Pattern, so when the break out happens We can Expect the Price to increase as much as the measured price movement.(length between the top of the head and neckline!) the next target for Lite coin is around 235$!
Summery:
-LTC is in a Inverse Head and...
Firstly let's remember that this is crypto market. There's no such thing as delusional assumptions / impossible analysis. Things are less or more probable. This move happened in the past, regardless it's behemoth proportions - no one can deny it. If this would happen again... BTC profits would be equally ridiculous to this being even a possibility. I see here two...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (185.9).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Since current LTCBTC charts present best ever buying opportunity if it comes to LITECOIN vs BTC relation (0.0031) we shouldn't be surprised seeing new ATH on LTCUSD market if Bitcoin's price will continue to climb. Similarities rarely play significant role in price action - they do however make it a little bit easier to assume the next possible top area. According...
1 - Litecoin does 5x over Bitcoin
2 - Bitcoin breaks out before cycle peak
3 - Bitcoin peaks at 4 year cycle
4 - Bitcoin bottom of bear market
5 - Litecoin halving
6 - Bitcoin Halving
7 - Bitcoin approaches previous all time high
Shout out @masterbtcltc
