Litecoin
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Bitcoin
Lite coin is consolidating between triangles pattern and make xabcd pattern which is indicating bullish movement
Litecoin is making it's first green Heikin Ashi candle after 11 red ones on the weekly. Is it getting ready for a move up for the 5th wave? Lemme know what you think in the comments below.
The price can move either side But most probable down because Price break down trendline and Start consolidation mean seller want Sell lower and buying pressure is exhaust Keep learning and earning
Litecoin is about to form a W in RSI at Daily chart.. This is very bullish. Bitcoin is also forming a W. and as Bitcoin moves beyond 61k, Litecoin may start moving up..
Litecoin gave an excellent breakout. RSI is above 65 in DAILY, WEEKLY AND MONTHLY TIMELINE.
with long triangle formation ltc has broken out lets wait for retest at 204-205 buying levels with sl of 197.50 and target of 212-213 ltc has lately giving big spikes moves so maintain proper and sl and target is must to avoid slippages
LTCUSD buy as btc is reaching ATH and alts are lagging behind. I see very good opportunity in alts.
as we had the discuss that lite coin was consolidating and forming the inverted head and shoulder, though it was not perfect but had good breakout candle there is a possibility of price coming back to neck line as a retest and we can enter or add more quantity as per risk
changed in stop loss moved up after the head and shoulder did not give us the breakout and i tweaked the stop loss to 169 to avoid the sudden major fall
Positional Trade Entry - above 226 for a target of 300+
LTC big players accumulating, look at the volumes and price movements, price is not able to break upper trendline and is not falling for a breakdown either, too much competition between bulls and bears, bulls will definitely win!!!!
According to all the resistance and support of the past, we can conclude if it breaks $230 levels then it may go up in short term. Its just an prediction, invest on your own wisdom.
For buying:-- When price brack upside of the zone and come back for retesting of zone area and again show bullish segment then I can open a long position || For selling:-- When price brack downside of the zone and come back for retesting of zone area and again show bearish segment then I can open a short position || {(Note:- Most likely the market will go Long side)}
Mid Term Buy Setup LTCUSD TPs and SL are mentioned in the chart
Flag pattern forming in LiteCoin, watch for the upper trendline to break!
Next 12 Hour Prediction.... Of LiteCoin 80% True Hurry Up
Ichimoku cloud bounce on 1 hr 4 hr 26 ma bounce and on 1 day 9 ma bounce