If this is in fact the short term bottom, the 1h chart price should break above the 1h support around the "1D support" level. However if the price continues below "1D support" a further drop may be likely.
Although it is unclear from the chart points in which direction the price may move, the current proximity to a historical resistance level makes a short position with a small stop a good bet. The short target is set at the next major support level, the Cosmic Flow basis line.
The 3 indicators show a bearish reversal with the nearest support level and short target at 125.21.
Although the general momentum is now downwards, as outlined in the chart the 3 indicators give several bullish signs which can be taken into consideration in the short-term. The Cosmic Gravity basis line can be the next resistance target.
The points outlined in the chart give off a bearish vibe for MITSUBISHI HEAVY INDUSTRIES, at least until the next support level (dashed line).
I see a bullish move from the LTC and is currently in the correction phase. This is a good opportunity for us to enter on a special price (spot is suggested). Stay tuned for more updates...
For a long time, 7 months we have not updated the idea for the pair LTCUSDT, because the previous idea was working perfectly and the "Cup with handle" pattern was formed. Below you can see our thoughts about the prospects of the LTCUSD pair 7 months ago. In April 2021 we wrote that it would be good to buy Lite in the area of $90-125 for the long term . And...
See trend line formed at EMA 20 Close Price 156.67. Intersection of levels are good confluence factors. Watch for bullish price action where levels intersect. See chart below where Trend Line, EMA 10, and EMA 20 intersects. A bullish engulfing candle formed. Target Price is 162.18.
Litecoin - Big and small Arc play out perfectly The small Arc suggests that there is at least 50% upside left in Litecoin before it reaches its breakout level, from which it could ascend much higher.
A falling wedge formation has completed and set to breakout with an 18% target to 0.042 BTC. Trade safe my friends.
LTC forming ascending triangle Market Cipher detecting bottoms Entry: on the structure breakout with strong candle SL: base on your criteria and risk plan TP1: 200 TP2: 220 TP3: 230
Bull flag, bullish divergence on lower TFs, STC to cross from the oversold Limit buy @ 216.5 SL: 209.5 TP1: 226 TP2: 240 DISCLAIMER: not a financial advice, just personal perspective
LTC just breaking out of its tringle, considering that LTC has hardly moved I'm starting to think that it's time where it has its parabolic run, is just moments away. I'll be taking profits along the way. Entry $283 3x Lev TP1: $300 TP2: $330 I'm just documenting my journey :)
As posted few days back, the new highs today. Now, as long it holds 217, next target is 272
Good evening, I`ve been holding, trading, using, transfering, buying and loving LTC for the last 5 years, and I feel that I owe LTC some bullish cred. ! : 1. LTC seems to be very undervalued in the bullmarket we are experiencing right now. 2. It has all the fundementals of a proper cryptocurrency ,- and since both ETH and BTC ( from the original top 3) has set...
up trend, break recent highs and retest trend continuation