#Litecoin Printing Higher, LTC Buyers May Reclaim $55Past Performance of Litecoin
Litecoin is overly within a bearish breakout formation, syncing with the general trend set in motion by Bitcoin. At spot rates, there is a welcomed revival. However, LTC prices remain in a trading range, bound inside a $5 range with caps at $50 on the lower end and $55 on the upper end.
#Litecoin Technical Analysis
As mentioned earlier, Litecoin is within a bearish formation, and buyers have yet to put a brake on the downtrend. Even though there are attempts, the failure of LTC prices to break above the $5 consolidation above $55, or even $65—marking September 2022 highs, place bears on the upper hand. Nonetheless, Litecoin remains within a broader uptrend. Yesterday's bounce from around $50 flashes with the 61.8 percent Fibonacci retracement level. A build-up from October 3 gains, lifting LTC above $55 may be the anchor for the next leg towards $65. On the flip side, losses below $50 cancel this bullish preview, possibly leading to a sell-off towards $45.
What to Expect from #LTC?
Litecoin is within a bearish formation, consolidating at spot rates. However, the trend could change if LTC expands above $55, building on yesterday's gains. Triggers may include a recovery in the broader crypto markets, especially BTC.
Resistance level to watch out for: $55
Support level to watch out for: $45
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTCUSDT
Trading opportunity for LTCUSDTBased on technical factors there is a Short position in :
📊 LTCUSDT Litecoin
🔴 Short Now 51.80 or by Breakout
🧯 Stop loss 57.20
🏹 Target 1 48.00
🏹 Target 2 44.44
🏹 Target 3 40.40
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Litecoin at oversold extreme.Litecoin - Intraday - We look to Buy at 52.02 (stop at 50.59)
The trend of higher lows is located at 52.00.
We look to buy dips. We are trading at oversold extremes. Buying posted close to the previous low of 51.02.
Our profit targets will be 55.39 and 56.39
Resistance: 54.00 / 56.00 / 57.50
Support: 53.00 / 51.50 / 50.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
LITECOIN LTC price may double as early as the end of 2022 While the BTCUSDT price was close to renewing the 2022 low, the LTCUSDT price stopped its decline 20% above the June 2022 low.
Looking at the trading chart of the LTC price, it can be assumed that there is now an accumulation of a long position in the range of 50-65 dollars.
The result of such accumulation can be a shot of the Litecoin price to at least $96, and in the best result to $136
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
LTC Time for a pump? Hi Traders,
Noticed LTC the other day had quite a flat chart compared to most top alts, no short squeeze yet/reset pump.
Upon further looking into both the USD & BTC LTC pair charts it looks possible whales are done with dumping on LTC as highlighted on the BTC pair, a sign MM has stopped selling LTC for BTC and anticipates LTC will now be the better preforming coins in short term.
So i have gone long LTC @ 52
Entry range $52-54
SL $51.5
Target zone is yet to be fine tuned as we need to see how violent the initial show of strength is/if any. $75-$90 is likely the max target however.
Good luck,
Asset Mastery
Buying a break of recent Litecoin high.Litecoin - Expires tomorrow 9am UK - We look to Buy a break of 56.02 (stop at 54.47)
Trading within a Corrective Channel formation.
A break of resistance at 56.00 should lead to a more aggressive move higher towards 60.00.
With signals for sentiment at oversold extremes, the dip could not be extended.
Our profit targets will be 59.75 and 60.75
Resistance: 53.00 / 54.50 / 56.00
Support: 52.00 / 51.00 / 50.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
Buying Litecoin at oversold extreme.Litecoin - Intraday - We look to Buy at 52.51 (stop at 50.98)
We are trading at oversold extremes.
The trend of higher lows is located at 52.50.
We look to buy dips.
Bullish divergence can be seen on the weekly chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Our profit targets will be 56.36 and 57.36
Resistance: 56.00 / 57.50 / 59.00
Support: 54.00 / 53.00 / 52.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
LTC LITECOIN USD MOST EPIC BULL PENNANT IN CRYPTO HISTORY! $10KI have said this before and I will say it again, Litecoin is about to go parabolic and if this bull pennant / flag I am seeing on the 1 year all the way down to lower time frames is gigantic. If this flag plays out its going to be epic. Can you imagine a $10,000 dollar Litecoin? I sure can! Just wait and see. Litecoin will be back under Bitcoin real soon like it has been in the past. Dont sleep on this one, the low is in for Litecoin and the face ripping rally is about to start, wait for some news for major Litecoin adoption, that will be the catalyst. . This is not financial or trading advice this is just my opinion. Thank you
LTC LITECOIN USD MOST EPIC BULL PENNANT IN CRYPTO HISTORY! $10KIve said this before and I will say it again, Litecoin is about to go parabolic and if this bull pennant / flag I am seeing on the 1 year all the way down to lower time frames is gigantic. If this flag plays out its going to be epic. Can you imagine a $10,000 dollar Litecoin? I sure can! Just wait and see. Litecoin will be back under Bitcoin real soon like it has been in the past. Dont sleep on this one, the low is in for Litecoin and the face ripping rally is about to start, wait for some news for major Litecoin adoption, that will be the catalyst. . This is not financial or trading advice this is just my opinion. Thank you
LTCUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find a significant trading opportunity as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
LITECOIN | DOWNSIDE PREVAILSLITECOINS has broken its bullish trend by the break of rising trendline which is now acting as a resistance.
We have identified multiple support level.
1. For Litecoin to continue its downward journey, it must break the horizontal support of 51-52 where recently we saw undercut.
2. The next possible support comes at 46 which can be set as a target for short term bearish stance.
3. The next hurdle for the bulls is 63-64 area where bulls failed multiple times before.
We are expecting the market to be bearish for sometime until BTC define its bottom. Stay sell on strength in alt coins.
Let us know what do you think of the idea.
To buy the oversold extreme in Litecoin.Litecoin - Intraday expiry 8am UK - We look to Buy at 50.36 (stop at 48.88)
With signals for sentiment at oversold extremes, the dip could not be extended.
Trading close to the psychological 50.00 level.
50.16 has been pivotal. Bullish divergence is expected to support prices. We look to buy dips.
Our profit targets will be 54.19 and 55.19
Resistance: 54.00 / 56.00 / 57.50
Support: 52.00 / 50.00 / 48.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
Ltc/USDT Long📈N.B. My strategy is based on huge explosive profit or very little profit so without breakeven stop loss at the right time we will lose in very little profit so follow me if you want to know breakeven stop loss
Trading proposals post based on price action,
technical analysis, major intraday supports
and resistances, rejections, breakouts, chart
patterns and other factors.
How this analysis was done:
First I find usdt pairs using crypto screener then if all Three×3 in 1 indicators gives main entry confirmation at the same time I go with the analysis then I find Support and Resistance zones in 3x entry timeframe also using one of the three indicators for backing up my analysis and filter bad signals then I also make trendlines using two of the 3 indicators in 3x entry timeframe for filter out more bad signals then again using one of the 3in1 indicators I filter fake breakout in entry timeframe and in higher time frame and then if other minor conditions is confirmed the analysis is done.
Take profit:
Take profit is dynamic/trailing stop loss/trailing take profit
Trading and investment in the financial
markets always involves high risk. So In order
to succeed using our signals make sure you
have learned the essential skills for money and
risk management
To SUPPORT this channel, please press the
LIKE button, COMMENT and Share with your
friends