Good afternoon, guys, and welcome to my
ProCharts video, crypto edition. My name
is Jake Sweeney, pro trader here at
Verified Investing. Hope you guys are
having a good one today. The story of
the day is Litecoin, surging today
upwards of 20 to 25%. Now, coming in,
currently as I'm doing this video,
sitting at about 74
uh per uh $74
um for a Litecoin.
The news of why it's surging today is
really a technical breakout, and I will
show you guys this what I mean by the
technical breakout once we get to the
charts. Also, just seven times the
volume already today. So, seeing a huge
influx of volume with a technical level,
um
this is the breakout to watch. And the
rest, we'll cover some Bitcoin,
Ethereum, and some other names to finish
off the video. Thanks again, guys, for
joining me today. Hope you guys are
having a good day trading. Let's get
into it.
So, yes, as I said, looking at Litecoin
today,
when I was when we're talking about a
breakout, I want you to just focus on
this trend line right here.
So, trend lines,
when they get hit three to four times,
they should hold as resistance.
When you take these trend lines and you
now hit on them more frequently, like
four or five times, and then six, seven,
eighth hit, it was a notion yesterday on
the seventh hit, we got stopped. On the
eighth hit of this trend line, we
finally pierced it right here, but since
closed in.
Then today, and we already were starting
to see an influx of volume, kind of a
pre-notion come September
uh
September 21st, already seeing an influx
of volume.
With today,
we're coming in at 700,000 shares
already traded.
Um
All right. Yes, on Litecoin. So, a huge
volume. And then with this technical
breakout, that is why you're seeing a
surge on the eighth hit to finally break
out of this region.
So, what's next for Litecoin? Well,
first off, I want to go into support
levels. Just I'm I'm glad on the move
that we got to today, but I want to see
where it could see price coming into.
Well, one will be a retrace to the scene
of the crime. Should price come all the
way back in,
look for a bounce here at 64 to 64
eight. Um if we get back to this trend
line, revisit it, and then have another
move up to the upside. Could be a better
buying opportunity. Don't want to just
jump on the train now for those extended
prices. Be patient.
Looking at this level two, I want to see
Litecoin close above this swing low
pivot here.
That's from this giant price action
um on this day
on October 9th, 2025. I want to see if
Litecoin can stay above the 71 73 print.
Uh so, those are two support levels that
I'm watching for Litecoin. For
resistance, I'll give you these two
horizontals.
Um we see we we were unable to we were
able to get past $80 for Litecoin, but
we're unable to get past this low pivot
here at 8640.
And that is why I'm also curious to see
if Litecoin has the strength and volume
to stay above this low pivot here. It
would be great to see.
Um next would be this
top of this pivot at 84 84.
And then finally, I have this long-term
trend line that was um initially as
support. This is going from August 6th,
2024, second, third, and then we're
dabbling on this trend line. As I was
saying here, the technical breakdown,
now this is getting hammered as support
and then get gaps below and now it is
acting as resistance. So now this
long-term trendline hasn't been tested
as resistance since January of 2026. And
now if we continue up past these
resistance levels,
this will be the line in the sand for
Litecoin
to continue on higher past the 90 to
$100 hopefully for Litecoin. Good to see
um
as a long-time crypto player, kind of
just a
um a more long-term hold type of guy. Um
I really want to see Litecoin if it can
kind of live up to its potential of
being Bitcoin's silver. We shall see. I
know that was kind of the use case going
back to 2010, 2012. Um leave me a
comment below guys what you think if
Litecoin has ability to do that or if
you think not a chance in the world if
you're comparing Bitcoin and Litecoin
side by side like gold and silver. All
right guys, thanks for that take. Let's
dive in and see what Bitcoin's
responding with as well.
So this well kind of
flat on the day, not too much crazy. We
sold off initially down to this 82,814
pivot top and then since bounced. So
good to see
um us getting a bounce here. This
trendline that we were able to push
above and then we now broke below it
again. That'll be the first major level
Bitcoin has to test and we're sitting on
that level right now.
If we can continue on higher for
Bitcoin,
there's this consolidation shelf here
with all this resistance, this low pivot
at 88,483.
I think that'll be the next key level
for Bitcoin if it can take on this
resistance.
Should it come in, we already can trust
this level as support.
Um I could also see us revisit this
down-sloping trend line that we broke
out of on this bullish pattern. If we
come back down here to just under 80,000
79.5, we could get another bounce.
Should we continue lower for Bitcoin?
But that's the level I'm watching that
88,483.
We can keep going up for Bitcoin.
Looking at Ethereum, also kind of
selling off um to start the day and then
since bouncing. I'm looking at this
down-sloping trend line. So, this is
from the top from December 10th, 2025
catching these wicks here
and then hitting two from Monday and
yesterday. But now, as we said guys, we
see what happens on Litecoin when you
hit these trend lines more repeatedly
over time and more frequent, they tend
to bust to the upside. If we do, I could
see us getting to this
pivot top at 2880
and $80.
Um and then I also have
this resistance trend line. This is from
the April 9th, 2025 low pivot
hitting the top of these candle bodies
here as resistance but not able to get
up. Oh, here's support and then we broke
below to resistance.
And if we would get past this one, this
would test us past this 2880 level
um coming in on Friday at 2940
and then hopefully give the gates to let
up Ethereum get above 3,000.
Um looking at Solana USD next. It's
having a better day. Selling off
initially, now up 2% intraday. Also
hammering on this trend line. One
two three four hits today. If we can get
up to that 120 level, this would be a
fifth. Um if we can break past this
trend line level,
I could see us going to
this low pivot here, consolidation area
at 12603
for Solana. Also kind of gauging this
trend line is kind of leading us to that
area, too. So, I expect a lot of
resistance at 126.
We're also kind of in a pseudo wedge
pattern where we have this low trend
line, 1 2 3 4 5 hits. If we come back
here, I could see Solana staying above
105. A lot of confluence in this area
for support from this trend line, this
trend line, and this trend line, all
kind of converging in this area giving a
lot of support for Solana to the upside.
All right, guys, last on the table,
looking at XRP,
um
up 2% on the day. What I want to see for
Litecoin or uh excuse me, XRP is to get
past this low
pivot right here. That is at $1.7710
um for that level.
And then, if we continue to come back
down and sell,
I could see us coming back to this down
sloping trend line that we broke out of
and continue to retrace support until
XRP can get that bid to the upside.
Thank you guys for joining me today on
my Pro Charts Crypto video. I hope you
guys got some good levels from that and
some trend lines, some key trend lines
to watch. Um if you guys did not know,
you guys can see me trade live stocks
and ETFs in our Apex Live Day Trading
Room every single day, Monday through
Friday during regular market hours. We
give uh shorts and longs. And then, if
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Gareth. That's to come and we're really
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verifiedinvesting.com. We give free
alpha every single day with technical
analysis, alpha actions and daily charts
all giving you guys day and swing time
frame setups that you all would take on
a basis. All right guys, thanks again
for joining me today. Have a happy
Thursday, have a happy trading. We'll
see you guys next time. Take care.