Yet another Crypto Cracking a key area. Once again great risk-reward here for both long or short. I prefer the short as the chart is completely broken to me.
We have confirmed the partial rise of the Ascending Broadening Wedge and have failed to break above the major support/resistance level. I now expect the price of LTC to go even lower than 40 and perhaps to around $25-$19 as that would be the HOP level of the Bullish Bat it is currently BAMMing from, but it is possible we get a reaction at around $35 as that would...
Litecoin (LTC) technical analysis: Trade setup : Following a bearish breakout from a Channel Down pattern, price has now also broken below $65 support zone, resuming its downtrend. That support area held up recently in August but also in March and Dec 2022, thus its significant sign of weakness to see that level broken. Price could revisit $50 support next. ...
Over the course of the last month, Litecoin (LTC) has persistently followed a declining trajectory within a short-term channel. This downward movement has notably coincided with a surge in selling pressure across the broader market. This alignment of factors has led to a significant breach of the channel's bottom, effectively breaking through a support level that...
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The asset is confidently holding the current support area. The price chart has clearly marked the borders of the current zone. Trading volumes remain stable. I believe that the asset will start to grow after fixing above the support zone.
After the "halving" sell the news and the false break above 100 figure, Litecoin dropped like a stone and at this moment is trading back to important 60 zone support. The structure is extremely bearish and considering the overall sentiment for the crypto market, I expect a break under this support. I'm looking to sell above 70 if it even has the power to rise...
Looking at the LTC chart, it strongly bounced back after having continuous down trend. A major resistance is waiting around 64.5$ If LTC breaks this resistance successfully then we can expect a decent upward movementum. I'm planning to enter a LONG position after a successful breakout with a tight stoploss. Checkout the chart for trade details, use trailing...
Historically, in previous years, the price of Litecoin was one of the first to start a growth trend globally and at the same time one of the first to correct. If the previous sentence has aroused your interest, you can check out our previous ideas on the LTCUSDT ticker, where we described it in more detail and showed it on charts. So, let's try to assume that...
We have a bear candle closing above the 10 ema. Plus, this is NICE and low. We can move from here, but if we don't go higher, we do not get triggered in.
After the LTC halving the coin has been in a strong downtrend. The previous bounce on 29 August saw the FVG partially filled. Fib extension levels showed the $60.31 and $43.4 levels are the next downward targets that Litecoin could reach in the coming months Entry: $70.7 (mid-June low) Take-profit: $56 (17 August low but LTC could drop much lower) Stop-loss:...
This is a swing trade and be patience or else dont take the trade. BUY IN PARTS between the two order blocks TAKE PROFIT at the green levels.. NO STOPLOSS as it is a spot trade or consider it below 64. NFA DYOR
eventually we shouldnt be surprised . takes time larger tf Prevailingnine 8.12.23
LTC dumped pretty much after Halving. Currently its in the range. We may expect some bounce from current price level. But will it reach the resistance levels (red lines) that I mentioned on the chart - big question. Anyways here are possible scenarios: 1. LTC bounces until 73$ where it faces W FVG where we may expect bear reaction. In this case possibility...
Another entry here for me in Litecoin. It actually missed my trigger buy at $77.50. But I didn't want to wait anymore. Bought at 77.12. SL is 71.69 for now. Will take profits along the way with an overall target of $106. A little more on why I took this trade. Of course, fundamentally, you all probably know that halving occurred. The market sold the news and now...
If US dips into publicly acknowledged recession in Q3, we might see crypto correction, as a benchmark - BTC to 12000 in autumn. I see this as an ultimate buying opportunity. Pros: recession is likely to happen crypto needs much more accumulation for a good bullrun than it has now I can't see a real bullrun without Fed pivot, only BTC/LTC/ETH speculations...
Heavy Long under $30.00 per ZEC coin and wait for $300.00 per coin to sell. Financial privacy is important Spend it, save it or send it to a friend. Unlike many other forms of payment, Zcash shielded transactions keep all your financial information private and in your control.
Recently I've made some analyses on LTC and its halving. In every analysis I compared LTC's post-halving price action in history and came to the conclusion that the LTC halving is a sell the news event, see below. For the foreseeable future I'm quite bearish on LTC, but even more bearish on the LTC/BTC pair - it will lose value against BTC. I'm waiting for...