LTC trianglesLTC price action goes through descending triangles. Every triangle takes longer to play out (lengthening cycles)
First triangle was from mid 2017 to beginning of 2019. (yellow triangle)
Second triangle from beginning 2019 to 2021. (orange triangle)
Third triangle took from 2021 till 2024. (red tr
Ltc is making a moveCheck out the weekly rsi, it is in an uptrend. We buy ltc at 93€ and sell at 117€, which is 0.382fib. A nice 25% ROI. If you are confident enough, sell only half at 117€ and another half at 163€, which is 0.618fib.
Litecoin may lose more valueLitecoin may see further downward pressure in the coming days if it breaks the yellow resistance line which has been hit many times before, also currently the US stock market is selling off so big players might sell cryptos to have more liquidity, cover the margin call, or ......
This chart is COIN
LTC - two possible scenariosAll depending on daily close within next two days. If bulls manage to close daily above the green 100 MA (green) - LTC will most likely move towards the stronger 200MA resistance. If tomorrow we close below, the possibility increase to drop down slightly below previous support levels. In this case,
LTC - levels to watch on the way up...Possible long after confirmation of current resistive formation forming on Daily (thin yellow line). Theoretical confirmation circled.
LTCEUR - LongCurrently in a bullish triangle, confirming upside breakout from daily since mid-November start of a downtrend. Target is somewhere near the $190 mark if support holds. Once we close daily below $125 this idea is invalidated. Good luck trading!
LTCEUR - Careful LongCurrently in a long-term uptrend.
Until green - STRONG - support is not broken (no weekly close below the trendline) we can potentially see a possible breakout to the upside, above the red resistance. Do not buy a spot before the confirmation of current red resistance.
LTC waiting with limit ordersLTC waiting with limit orders, re-test areas, POC and volume with chance for stoploss hunting
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Displays a symbol's price movements over previous years to identify recurring trends.
