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LTCUSD trade ideas

LTC & ADA Will Crash 90% – Bear Market Has Not Even Begun Yet!The bear market has not even begun yet for 99% of altcoins, such as Litecoin (LTC) and Cardano (ADA). I expect these coins to crash at least another 90% from where they currently are. I agree with people such as Big Cheds, Bob Loukas, Benjamin Cowen, and others that altcoins are far from having bottomed and in fact that the bear market has not even begun yet. Anyone using leverage of 1.01x or higher and who is long will surely get liquidated within the next 1-3 months. Bitcoin will crash to sub $10k as well.
KRAKEN:LTCUSDShort
by couldntcomeupwithone
13
LTC Heading to Test The NecklineThe Double Top is playing out as we lost crucial $85 support this Sunday and could not reflip it. I’m anticipating a neckline test around $69, however lots of buy orders around $76 to keep in mind. After this test we will see if she chooses to confirm the pattern If she does the $54 level is crucial to hold for something more bearish pre-halving not to be considered. If we reject the neckline break down then I’ll look toward the $130-$170 level.
BINANCE:LTCUSD.PShort
by Theia_
Sinking ship, the rats have dumped only bag holders remain The halving peak has happened, the bull market support band has broken and testing as resistance. Last halving this happened led to a 75% retracement however this is likely to be 100% this time with the sheer number of underwater bag holders who witnessed even vanilla bitcoin outperform ltc last bull market let alone every single other ult, no one in their right mind will put another dollar into this. Charlie lee really did sell the top it turns out.
BITFINEX:LTCUSDShort
by Shang96
5
Major Crypto Analysis BTC/USD: As evident from the daily timeframe of BTC/USD, the major cryptocurrency remains higher, trending north since bottoming in November 2022. Support from $27,132 was welcomed in late April, a move aided by the 50-day simple moving average of $28,563. Further buying also saw the Relative Strength Index (RSI) reclaim 50.00+ territory. As such, chart studies suggest additional outperformance, targeting fresh year-to-date highs and resistance from $31,404. ETH/USD: ETH/USD is echoing a similar vibe to BTC/USD. The trend on the daily timeframe is north, and price movement recently recoiled from support at $1,845. This was bolstered by additional confluence: dynamic support from the 50-day simple moving average at $1,875 and the RSI regaining position north of the 50.00 centreline. Overall, the unit finished the week well, unbolting the door for fresh year-to-date peaks and a run to resistance at $2,164. XRP/USD: As seen from the daily timeframe of XRP/USD, price shook hands with AB=CD support in late April and has been rudderless since, consequently ranging between $0.4475 and $0.4806. AB=CD support is denoted by a 100% projection at $0.4443. The chart illustrates that the structure is complemented by a Fibonacci cluster around $0.4429 and RSI support at 39.82 (note, however, that the RSI remains below 50.00 ). Technical expectations call for at least a test of the 38.2% Fibonacci retracement overhead at $0.4919 and maybe even the 61.8% Fibonacci retracement at $0.5276 (derived from legs A-D). The aforementioned Fibonacci ratios are commonly targeted following the completion of an AB=CD pattern. Failure to maintain support at current prices could lead to a test of familiar support at $0.4228, a level boasting historical significance since June 2022. LTC/USD: You may recall that I highlighted the completion of a daily harmonic Gartley pattern on LTC/USD in recent analysis. The pattern’s Potential Reversal Zone (PRZ) was between $98.37 and $96.90. While price did exceed this area, it failed to trade beyond the pattern’s X-point: the high of $105.69 (16 February); traditional rules of engagement would have traders/investors position stops beyond the X-point. Like the AB=CD structure in XRP/USD, traders often target 38.2% and 61.8% Fibonacci retracements (taken from legs A-D); you will note that price tested the 38.2% Fibonacci level in April at $85.83, with many Gartley traders possibly reducing risk to breakeven at this point and taking partial profits. Many will also likely look for further downside, targeting the 61.8% Fibonacci level at $78.10 as a final take-profit objective. The RSI remains under its 50.00 centreline: negative momentum.
COINBASE:LTCUSD
by Aaron-Hill
Litecoin Trend Decision Point Neutral here. Macro picture is bearish, double top with neckline not yet tested, we’ve also formed a bear flag on the daily chart - leaning me towards lower. At minimum double top neckline test. (Check my other post for macro chart view) However on the LTF during FOMC we bounced from the range again, creating a double bottom & today retraced into the fibs of the double bottom with some reaction. So I’m patiently waiting to see how the range breaks for further moves, we’re quite literally in the middle. Halving is nearing as well which should be bullish into the event, conflicting. However I’m keeping my buy orders lower for now.
COINBASE:LTCUSD
by Theia_
2
Litecoin to breakdown?Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98) There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. 83.78 has been pivotal. A break of the recent low at 83.78 should result in a further move lower. We look for losses to be extended today. Our profit targets will be 75.98 and 74.88 Resistance: 87.30 / 88.60 / 90.50 Support: 85.80 / 83.70 / 81.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:LTCUSDShort
by VantageMarkets
Continuation of previous idea (still in Rising French Channel)This is merely a little look back. Litecoin is still holding strong and abiding the rising french channel. Small adjustments might have been made to the lines though that's irrelevant. Keypoints: — Perhaps litecoin is looking towards a pullback short term before preparing long term bull run. — As before crossing 200MA, pullback, declining volume before bull run. This might be the beginning of phase 2, who knows. —ADX trend not confirmed, below 25, or strong but leans towards D+ positive. — Long term still bullish.
COINBASE:LTCUSD
by OnChainArt