target for LTCAs we can clearly see it is forming a bearish pennet pattern so the target is expected upto 66 downside..............
Key stats
Market capitalization
6.478BUSD
Fully diluted market cap
7.445BUSD
Trading volume 24h
688.415MUSD
Circulating supply
73.091M
About Litecoin
Litecoin was launched in 2011 as a direct competitor to Bitcoin, promising low-cost, and high-speed transactions to make it a cryptocurrency that could undertake point-of-sale transactions and microtransactions. Created from a fork in Bitcoin’s blockchain, founder Charlie Lee labeled Litecoin as a “lite version of Bitcoin” and “silver to Bitcoin’s gold.” Litecoin uses a proof-of-work consensus method and has halving events every four years just like Bitcoin, however its supply is slightly higher than BTC, totalling 84m LTC.
LTCUSDPrice make double top and break trend line once pullback complete with bearish price action take short
LITECOIN (LTC) This is based on the Elliott Wave Theory. The current structure can be assumed as a triangle due to internal ABC formations. This suggests that the price would remain bullish from the current levels.
Litecoin between Resistance & SupportLitecoin Pumps 20% as LTC Halving Fomo Returns with 17 days to Go
LTC usdLite coin is consolidating between triangles pattern and make xabcd pattern which is indicating bullish movement
Litecoin is ready to explode!!!Litecoin gave an excellent breakout. RSI is above 65 in DAILY, WEEKLY AND MONTHLY TIMELINE.
Litecoin is about to cross ATHLitecoin 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..
Is #Litecoin getting ready for a massive move?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.
Breakdown trade 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
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