LTCUSDT (Resistance line Breakout)LTCUSDT Technical Analysis Update
Resistance line Breakout
LTC/USDT currently trading at $111
LONG ENTRY level: $108 - 112
STOP LOSS: Below $103
Resistance level 1( Target 1): $117
Resistance level 2 (Target 2): $124
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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Ltcusdlong
LTC - long in the coming days If btc keeps maintaining where it is at,
Then this is definitely a good buy and can yield good profit
Make sure you put in a good SL and not much too much risk and get in only in the good buy zone.
Long - 100-105 ( is a good buy ) with a close SL of about 4-5 %
TP 1 - 110
TP 2 - 115
TP 3 - 120
This is only my idea, please do let me know your feedback on this
any feedback is always appreciated
Thanks
Litecoin following Bitcoin Bull Circus next buy chance $102.81I'll keep it short. Unless Litecoin takes no break and just continues to climb,
Possible buy opportunities for Litecoin are at around $102.81 and $98.62.
Make sure to set your stop loss orders not to lose any money or sit there being forced to HODL.
LITECOIN - Intraday Update - 12/11/20 (Short-term) LITECOIN - Intraday Update - 12/11/20 (Short-term)
Outlook : Expecting LITECOIN to recapture its $93.159 high and beyond. Breaking above $86.970 ; is the next upside objective for the bulls. (Fist a Bullish Evidence)
Analysis : The break above $93.159 signals the second wave consolidation is complete, and the move puts LITECOIN back on track to challenge the next upside hurdle. The bulls are in control while $64.602 - - stays intact as support.
Bottom Line : A third wave rally is in its early stages. Subdividing higher within wave iii of (iii)
Note: Prices can vary between LITECOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
Litecoin price Action (LTC) Possible Outcome Going ForwardWe all make dumb mistakes when we make biased decisions. For me, trading is about removing my personal biases (or what I think the market should do) from my trades. I change my mind about my trades fast and can change to being a bear very easily if price action shows me a different outcome. Removing these biases is what saves me from holding the bag when price action doesn't support my views. Proper stop losses are always in place to make sure that my bias doesn't get in the way. I do not want to trade based on what I think market should or will do. I want to trade based on what price action is telling me.
Current set up is telling me that we need to get to the upper boundary resistance line, breakout of it, re-test it and go from there. I am targeting $120 but I may and will change my mind if price action is telling me otherwise.
Always be loyal to your capital and not your views. Remember one thing when you trade "Your views will not be hurt if you are "wrong". Your capital will be hurt if you are "wrong". Your capital needs you to preserve it and grow it, you can change your views at your ego expense. You can change your capital at your "views" expense. Proper risk management, proper stop losses, elimination of bias - the only thing that will make you successful.
Although this looks bullish AF - keep in mind we are still below the major breakout resistance, chart can morph into another structure so make sure you are not going to let your views hurt your capital. Dont let one day off gains make your next year's decisions.
Happy Sunday and good luck to you traders!
#litecoin #ltc
Litecoin (LTC) to $120December is known for crypto dumps. They say - "Buy dips in bull markets". If it is indeed a bull market, then $120 is coming and you should load up on LTC or whatever makes your bells jingle.
If Tradingview crowd is not buying this dip - I am considering to subscribe to TOP 1000 OnlyFans girls and offer them $100 each to post a pic with "I like boys with Crypto" message in description to pump this clusterf*ck of sh!t coins up. If my pump plan doesn't work, at least I will see boobies. Honestly though, if ya'll dont pile in - I am going for the pretty girls cause pumping on here is quite depressing.
LITECOIN - Intraday Update - 12/09/20 (Short-term) LITECOIN - Intraday Update - 12/09/20 (Short-term)
Outlook : Expecting LITECOIN to recapture its $93.00 high and beyond. Breaking above $86.89 is the next upside objective for the bulls. (Fist a Bullish Evidence)
Analysis : The break above $93.00 signals the second wave consolidation is complete, and the move puts LITECOIN back on track to challenge the next upside hurdle. The bulls are in control while $64.30 - Wave ii - stays intact as support.
Bottom Line : A third wave rally is in its early stages. Subdividing higher within wave iii of (iii)
Note : Prices can vary between LITECOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
Litecoin |A pull back before the next rallyPreviously we have seen that the price action of Litecoin was expected to have breakout from the resistance of triangle. Now the price action has broken out the resistance and spiked beyond $94.
On daily chart, the price action of LTC has found a strong resistance at $91 and formed double top at this level. The priceline has also good supports of exponential moving averages 10 and 21 as well.
On daily chart, the price acton of LTC has also found a good up trend line support. Now the price action is moving down towards this support again. But in order to re-test the support breaking down of 25 SMS is must. The Other SMAs with the time period of 50, 100 and 200 are also moving up to provide the support to price action.
On 4-hour chart, the price action of LTC is also forming a bullish Shark harmonic pattern. The potential reversal zone of this pattern starts form $78.73 and ends at $77.18. If the priceline will not take bullish divergence from this PRZ level then it may re-test the support of up-trend line on daily chart and from there it will start the next bullish rally.
Conclusion:
We have a very good supports of 25 SMA on daily chart and potential reversal zone of bullish Shark at same level. If these levels will be broken down then the priceline may move more down to re-rest the support of the trend line.
LTCUSD 1D ROAD TO $100, $115, $130... ATHCrypto is in mainstream news now more than ever and growing at a healthy pace. LTC had that Paypal news and also it was announced that Crypto will have S&P and Dow Jones Indexes which is pretty insane.
Price targets are based off of the coins historical movement, the resistance lines are previously touched at some time. This chart is mostly for me to track my own trading but also sharing so I can learn more about technical analysis.