Litecoinusd
Litecoin to $250 and why investing Always beats TradingI know a lot of you are thinking this is overbought, over heated, ran up too fast, etc and are trying to apply some sort of technical analysis to it but I want you to know - you are focusing on the wrong thing. Your mind focuses on "warning signs" because our brains are programmed with a survival instinct that always seeks a safe shelter (i.e. cash)....
Here is one bitter truth that is very hard to accept and that every trader learns only after loosing a fuck ton of money: trading will never beat investing because trading focuses on all of the negatives (resistance/support lines, bear/bull flags, etc.) but investing focuses on only 1 positive long-term vision. Until you understand it, you will never win big.
Take a look at every chart I made and compare it to this weekly chart. Notice how on the weekly chart its a straight shot up without any interruptions? Investing ignores all of the noise, trading focuses on the noise. That is the big difference.
On weekly, we see a clear Adam and Eve bottoming pattern. I expect this to rip higher regardless if we correct here or not.
STOP trading and start learning macro behind assets that matter (Real Estate, Gold/Silver, Dollar, Bitcoin, Ethereum, etc.). Nobody gives a fuck about tokens so trade those all you want, but do not trade the big stuff or will sit back, look at the weekly chart and realize that if you didn't dink around past 6 months, you would have been a millionaire by now and the only person responsible for it is you. Focus on the noise and lose or focus on good macro and win big.
Critical Levels and Targets for Litecoin #LTC/USDWelcome everyone,
My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life.
Let's Discuss The Outlook for #LTC/USD
LTC has been moving up correctively and its difficult to see a more bullish count than just the potential gains that a corrective climbing asset can provide.
I've been noticing this among the majority of alts, and the way I interpret this is that altcoins move more in 3 waves than they do in impulses, similar to currency pairs such as EUR/USD. The other way to interpret this from an Elliott wave perspective is that we're dealing with a macro flat correction that will lead to an extensive downside leg that will surprise most investors and induce panic selling as critical levels are broke.
As such, in this chart I highlight the previous lows that I feel are important to maintaining an uptrend without drawing attention to the bears, If successful, this could give us a scenario of $160 for #litecoin.
What are your thoughts on LTC in the chart above? Does it have more upside potential? Or Do you think the critical lows will get broken?
Don't forget to follow, like and comment and I'll be doing a $500 giveaway if I can get ranked as a top #ElliottWave analyst on TradingView.
To Your Success,
Schyler
LTC (Litecoin) possible Breakout LTC / USDT
Possible Breakout from bullish pattern
If this pattern successed it will moon
I want to remind you that we already had signal about LTC in my channel and bought it early around 105$
Also you can check my last idea about LTC I told you to buy the pullback 👇👇:
Good luck 🤞
Litecoin the Litecoin is a price triangle component. If the triangle breaks above it, it will rise strongly, and if the triangle is broken down, I think it will return to the $ 50 and $ 40 areas when it breaks above. It will be a good opportunity to enter after breaking the upper trend resistance of the triangle …
Stay alert ..
what is your opinion ?
LTC 1D What is more likely: growth by +40% or fall by two times?Analyzing the previous idea , we can say that the price of LTCUSDT was unable to fix below $71.
Against the background of the BTC growth, buyers began to actively buy out LTC. By the way, few altcoins showed such growth on the last impulse of Bitcoin.
So, having fixed above $91 , buyers took control of the situation on the chart and easily reached the top target of $124.
Now we are thinking that it is time to correct for the rapid growth of the LTCUSD price. The intermediate target is $71 and the global one is $63.
Although, trading risks should be based on the level of $119 . Since above it, buyers will again, without resistance, begin to push the price towards the previous high in the range of $145
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LTCUSDT (Resistance line Breakout)LTCUSDT Technical Analysis Update
Resistance line Breakout
LTC/USDT currently trading at $111
LONG ENTRY level: $108 - 112
STOP LOSS: Below $103
Resistance level 1( Target 1): $117
Resistance level 2 (Target 2): $124
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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LTC weekly chart (Bullish)LTC / USDT
double bottom formation on weekly chart
Price about to break its neckline
Ltc is also above 23.60% fib level
Best buy area in this situation is to buy at pull back
At weekly support area 114$-100$
With stop loss weekly close below it
The target in short - mid term is around 200$ area
This is not a financial advice
Do your own plan before trading
Good luck and happy trading for you all 🌹