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Litecoin: Weekly TargetHello Traders and Investors, This is my weekly outlook on Litecoin. The coin is making higher lows on the weekly, along with highers high. What we really need to see from Litecoin is for it to close above the $230 point on a weekly candle. This will give Litecoin a mega bull push to the target at $420. With the recent push in Bitcoin price due to the stimulus plan and institutional money flowing in. We can expect Litecoin to push alongside Bitcoin. Also if we take a look at the LTCBTC pair. We see that Litecoin is on the lower end of the chart. This means Litecoin is undervalued compared to Bitcoin and once it starts moving, it will run really quickly. Let me know what you think!
COINBASE:LTCUSDLong
by Abdorhman-Thi
2
LITECOIN (LTCUSDT/LTCBTC) Long&Short Trade Setups 2021/03/11Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $190-192 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Short Trade Setup #1: Retest and Continuation (61.8Fib) 1. Price Action: Price needs to move back up to the 61.8Fib @ $211 and bounce back down. 2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
by cryptotraderog
10
Litecoin (LTC) READY TO CONFIRM 200 USD ZONE - GREAT TARGET!Hello traders This update depending on LTC - expecting increase to 200 usd area Stop limit: 170 usd. # there are some trends make us expecting that LTC can break the 200 usd area again. Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
3
LTCUSDT (LITECOIN) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - LTCUSDT is supported by the ascending trendline support (ATS). - Price hit a swing and retraced for a retest of ascending trendline support and key fibonacci retracement levels (0.5 - 0.618 - 0.786). - There was a relatively high concentration of buyers at the retest zone. - The retracement was bounded in the falling wedge (FW) pattern. - Price bounced off the the retest zone and brokeout above the falling wedge's resistance. - Price action is printing an ascending triangle (AT) pattern. - An ascending triangle pattern is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Long
by Chibuike_Odoh
2
Breakout looks to be starting for LTCBTCThings look to be breaking out for LTCBTC from the point from before the retracement. Here is hoping it keeps that way (large dependencies on BTC's path obviously), but with a nice green weekly and daily candle about to finish here shortly, there seems to be a good chance for a jump start for alts like LTC in my opinion. Although I also think it is easily possible to retrace back if BTC doesn't follow through, and still some resistance right now (around the 23.6% Fibonacci) and around 52.7K (the high before the ATH), so we shall see if it continues to hold at this interesting crossroads.
Long
by crypto_trends
3
LTC "W" Pattern Completed, May Go for CorrectionHello Dear Traders, LTC performed great in this altseason, we also called it from 60, all Targets achieved in few weeks. as u can see in chart LTC is facing heavy selling pressure form weekly supply zone. Last week candle closed strong bearish and its indicating reversal frm here. Also it successfully completed W Chart pattern, now its time for healthy correction towards 80-100$ again. As we know Crypto is getting huge adoption worldwide, if something magical happens then only my idea of LTC will get invalidated. Chart is clearly indicating next few weeks will be bearish.
Short
by mbn_global
1
Interesting fractals of Litecoin 🔎Hello, dear traders and bottom catchers 🤫 One more LTC chart of mine 😆 And YES, Litecoin still not moving jet 🤣🤣🤣 But I continue holding it making up [date for You😘 This time You can see all history of price movement of Litecoin in USD and in BTC. And try to notice some fractals before pumping )))) Don't forget to put like and write me comment, that way I'll feel Your supporting and you like my ideas! And stay tuned by Rocket Bomb 🚀💣 My previous LTC update 👇
Long
by RocketBomb
25
Comparing Common Alts Performance to Last Time BTC At this PriceIn mid February (15 February to be exact), Bitcoin hovered around the same price range as today (04 March). It looks like a double whammy, the spike up to 58k for BTC pulled value from alts and then the miners dumped soon after and we know what happened after. BTC has taken much less of a hit (as is to be expected). Some alts took it extremely hard like BCH which dropped the most during this correction. Others like LTC have demonstrated more strength against BTCs dominance, but only slightly. No real TA here, just general observation.
COINBASE:ETHUSD
by 1BigPapi