LTCUSD.P trade ideas
LITECOIN 2023 ROUGH forecastLitecoin will in my opinion carry a look like this as we go through 2023 and the start of 2025. I would not expect any high prices or ATH for 2023 but you can expect at the very best 180-200 usd on LTC for 2023. The Early 2023 buy in is 33 usd respectfully.
2023 Summer 2023 TARGET is 180-200 usd
Halving is in August 2023 (Results in a sell off before it)
Trade carefully everyone!
Litecoin - Looking To Sell Pullbacks In The Short TermH4 - Price is bouncing lower from a strong resistance zone.
Most recent uptrend line breakout.
No opposite signs.
H1 - Bearish divergence followed by a strong bearish move.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
Continuation of previous idea (still in Rising French Channel)This is merely a little look back. Litecoin is still holding strong and abiding the rising french channel. Small adjustments might have been made to the lines though that's irrelevant.
Keypoints:
— Perhaps litecoin is looking towards a pullback short term before preparing long term bull run.
— As before crossing 200MA, pullback, declining volume before bull run. This might be the beginning of phase 2, who knows.
—ADX trend not confirmed, below 25, or strong but leans towards D+ positive.
— Long term still bullish.
LITECOIN LTCUSD IS GOIN TO $10,000 WITHIN THE NEXT YEAR!Litecoin has been in this Bull pennant formation for years and a break if this pennant will give a measured move to about $10k. This will happen extremely fast and will literally shock everyone in the cryptosphere. Lots of haters out there for Litecoin but thats ok they just dont understand how things work in this space. Let them buy their Shib, Doge, Matic, XRP, BNB, blah blah because at the end of the day they will be the ones to provide us Litecoin and Bitcoin holders with the blowoff and the liquidity to dump on their chins at the top when they mass exit out of 99.9% of the cryptos out there. The chart is undeniable, the pattern is undeniable and I am confident that Litecoin will be right under Bitcoin in short order. All these unregistered securities the noobs are holding are going to evaporate. The SEC will drop the hammer on all of them. Once XRP (the head of the snake) loses the lawsuit there will be a flight to safety within the Crypto space out of all those unregistered securities into cryptos that are not securities. Right now I can only think of two maybe three. Bitcoin, Litecoin, and possibly Digibyte but that one is debatable. Charlie Lee knew exactly what he was doing when he sold his bag of Litecoin. He knew the regulations that were coming. I also think Charlie Lee is the creator of Bitcoin as well or at least knows who it/they were. This is not financial advice this is just my opinion.