Ltcusdanalysis
LTCUSD Short OpportunityHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for LTCUSD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next support area .
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
Litecoin has massive pump potential LTCUSDon the LTCBTC chart the 1.618 fib level is a point of interest, where price will likely be rejected bullishly with aggression
As has been observed in the past
On the USD pair a Golden cross has been recently observed, the previous golden cross on LTCUSD led to the ATH
Will we see ATH this year? likely.
Deathcrosses in red, golden crosses in green
(1) is a comparison point of very similar price action
LTCUSD 1D Short-term/Day-trading SHORT/BEARISHLTCUSD 1D Short-term/Day-trading SHORT/BEARISH - Litecoin has seen an incredible resistance at the 0.5 of the Fibonacci Retracement, we currently see a little support on the 0.236 of the Fibonacci Retracement as well so this is what can happen, if the 0.236 of the Fibonacci holds a strong support than $164.39 was the LOW of the downtrend, if we break the 0.236 than our next target is the Daily @ $166.58 where we might see support, if we lose Daily $166.58 than we proceed in a strong downtrend and our next support is at the 0.618 of the Fibonacci Extension ($162.97) HAPPY TRADING!
LTC, Litecoin - I expect on this entry point🔥Price formed a clear triangle. I'll open a long position only in case when the price will make squeezing, breakout, and retest. Set an alert and wait for realization.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
LTC, Litecoin - the first goal is...Preconditions for growth:
- accumulation zone 172 - 186
- squeezing to the resistance line
- false breakout on the resistance line
- after that moving up (it means that for someone it's important to go up)
The first goal is 210. With SL.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Litecoin is warming up! LTC Litecoin super tight triangle consolidation at demand zone. Since anything can happen in this market (and I'm a bull at heart) but the trend is your friend and the key to trading is preparation, discipline, and having a system; this keeps me objective and helps me manage risk. Today price action didn't push lower but looks like a nice "inside day" is in the works. Interest in long on a BRB (Breakout Retest Bounce) move. Will keep updating as we go. Happy trading folks!
Litecoin could test 260 resistanceAlso Litecoin recovered after the deep selloff in the crypto market and after a low of 120 is trading now at 180.
In my opinion, a new leg up is in cards for this coin and dips towards 150 should be bought.
130 is now support and must remain intact for this scenario to be valid
Triple flags for LTC push upwardsExpecting a strong push upwards for COINBASE:LTCUSD after bouncing off the new support of low 300$ zone.
Bullish flags on both the 1 hour and 4 hour charts as on the MACD crosses and accumulates under average.
Then The RSI bounces off the oversold threshold showing support and further accumulation.
With #Bitcoins dominance falling, $ETH becoming further independent;
the next logical sentiment falls unto $LTC for a bullish climb towards new ATH.
Another indicator is the LTC/BTC chart showing Litecoin's stability against bitcoin and a imminent breakout.
LTC - Rounded floor!If you want to enter at a very good price you will have to wait for it to pull back and bounce off the 100 period average. Do not miss the volume POC marked in a red box.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments
Already +100% done since our call ... congrats 💸We adviced people to buy LTC when it was under $200.
n when it came over $240 n just a huge correction happened made it crash till $207 again while people were panic selling we adviced the others to buy more it will reach $500 then $1000.
(link left below this article in the related ideas section )
Congrats to whom already followed us ✌
Right now nothing was changed, moreover we can say that we r on our correct way to the $1000 LTC journey as the week candle has just closed a full bullish engulfing candle at $390 which indicates for higher highs ...
Patience is the key !!
LTCUSDT Look Bullish!LTCUSDT (DAY CHART) Technical Analysis Update
broadening Wedge
LTC/USDT currently trading at $352.50
Buy-level: Above $375 (only buy if day candle closes above $375)
Stop loss: I will update once i see the breakout)
Target 1: $400
Target 2: $450
Target 3: $500
Target 4: $600
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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LTC/USD LONG SET UP (HODL) UPDATELTC/USD (LONG SET UP)
BUY AT- $225.00/ $205.00/ $170.00
Note- LTC will become bullish as bitcoin does
TP.1- $300.00
TP.2- $325.00
TP.3- $350.00
TP.4- $375.00
Support: $230.00/ $220.00/ $200.00/ $185.00/ $170.00/ $150.00-$140.00
Resistance: $245.00/$255.00/ $265.00/ $275.00/ $290.00/ $300.00/ $325.00/ $350.00/ $375.00
Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.
💡LTC: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021IMPORTANT TIP: CRYPTO Market IS AT TOP, On Weekly Timeframe BTC is Bearish . Still Alt Coins are Rising Continuously, Don't Know Where ALTS will take U TURN. Thts Why "I Request Please Invest Just 1-2% in Alts Whenever We Post Signals"
📈#LTCUSDT
➡️Entry: 250$
🎯Target 1: 282$
🎯Target 2: 330$
🎯Target 3: 410$
LTC going into Price Discovery! Just waiting for Litecoin to enter the price discovery phase. The expected levels are all marked on the chart.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.