{"id":10805,"date":"2020-11-20T10:16:36","date_gmt":"2020-11-20T10:16:36","guid":{"rendered":"https:\/\/tradingshot.com\/?p=10805"},"modified":"2023-05-02T10:20:16","modified_gmt":"2023-05-02T10:20:16","slug":"is-this-the-start-of-the-parabolic-run-for-litecoin","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2020\/11\/20\/is-this-the-start-of-the-parabolic-run-for-litecoin\/","title":{"rendered":"Is this the start of the parabolic run for LITECOIN?"},"content":{"rendered":"

 <\/p>\n

This is a simple comparison on LTCUSD of the current cycle with the previous. As seen on the chart, on March 2017, Litecoin broke above the accumulation sequence that was contained under a Lower Highs trend-line and that 1W candle was what kick-started its parabolic Bull Run.<\/p>\n

Right now the situation is exactly the same. The current 1W candle is the strongest since April 2019 and just broke above the Lower Highs trend-line with the MA50 well is support. Can this be the start of the new parabolic run?<\/p>\n

This is something I looked at last time in September:<\/p>\n

\"LITECOIN<\/a><\/div>\n

** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **<\/strong><\/p>\n

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\ud83c\udf89 \ud83d\udc4d Shout-out to TradingShot’s \ud83d\udcb0\u00a0top TradingView Coin donor<\/strong>\u00a0\ud83d\udcb0 this week ==>\u00a0johnmcal3<\/a><\/p>\n

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Tradingview link:<\/p>\n

https:\/\/www.tradingview.com\/chart\/LTCUSD\/CT2Xpezf-Is-this-the-start-of-the-parabolic-run-for-LITECOIN<\/a>\/<\/p>\n","protected":false},"excerpt":{"rendered":"

  This is a simple comparison on LTCUSD of the current cycle with the previous. As seen on the chart, on March 2017, Litecoin broke above the accumulation sequence that was contained under a Lower Highs trend-line and that 1W candle was what kick-started its parabolic Bull Run. Right now the situation is exactly the<\/p>\n","protected":false},"author":611,"featured_media":10806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1636],"tags":[],"class_list":["post-10805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=10805"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10805\/revisions"}],"predecessor-version":[{"id":10809,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10805\/revisions\/10809"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/10806"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=10805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=10805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=10805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}