Happy Weekend, Prices of the crypto has been bullish since we have got to know about USA BANKING CRISIS making DXY and other currencies vulnerable therefore for shorter term we would be expecting price to continue rising until it reach out area of reversal where we can sell for swing entry.
Litecoin - 24h expiry - We look to Sell at 94.28 (stop at 97.64) Price action has continued to range within a triangle formation. Bespoke resistance is located at 94.50. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Price action has broken from the previous formation. Early...
LTC is Trading inside a Pennant Pattern! Wait for Breakout or Breakdown with proper retest to open LONG or SHORT
If we take a closer look at Litecoin, we will notice that a buy signal has been issued. The Awesome Oscillator is in a very good position and a buy signal has been issued on the candle I specified. Stop loss is set based on ATR 14*2.
✅ LTC continues to move above the support area. The chart is moving in an uptrend. The asset will continue to rise.✅ 🚀 BUY scenario: long to 97.11🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Cryptocurrency has been around for over a decade now, but there are still many first-time investors who are hesitant to explore the world of cryptocurrency alternatives. Most often, they focus on two main ways to profit from trading: trading and mining. In this article, we will discuss why mining has become almost impossible for individual investors and why...
Historically, when a global growth trend emerges, Litecoin is ahead of the "train" and sets the pace. We described this in more detail, with graphs and comparisons, in our previous idea here: If we look at the LTCUSDT chart, we will notice that while almost the entire market was still growing well in the previous weeks, the LTC price stopped before an...
Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Litecoin (LTC) has been one of Thursday’s biggest gainers, as prices rose by as much as 13% in today’s session. LTC/USD raced to an intraday high of $91.70 in today’s session, a day after falling to a low of $79.95. As a result...
Wave structures on these Economic Indexes tend to play out fairly often, such as in the case for Various CPI and Interest Rate Charts which can bee seen in the Related Ideas tab below. With that in mind, I now turn to The Federal Reserve Balance Sheet; and when I look at the Balance Sheet what I see is that since the Inception of this chart, it has traded within...
But ltc in the green box Targets are in the chart ... Best of Luck
The price is getting pushed back from weekly resistance. Currently trading inside low time frame support zone. However, I would expect the price to go towards the daily support zone. If it comes to that zone, a long is favorable there.
Litecoin (LTC) technical analysis: Trade setup : Price broke back above $90 resistance to resume Uptrend, with upside potential to next resistance zone of $100-105. (set a price alert). Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support...
Litecoin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 105.7 is expected to happen.
Rally in the price is mainly due to halving of coin which is likely to happen in August 2023. In the last halving (which happened in August 2019), the price showed the movement of almost 553% from its low of Dec,2018. Currently, the coin is trading at $94.9 with support at $84 and resistance at $103.34. If the daily price candle closes above the resistance,...
BINANCE:LTCUSDT is going up to 105 Good point to join around 88 Wait and see
The price pushed towards daily resistance and hit area around 88. Now it is facing push back from that daily resistance. It might be pushed till the next support area. If it does, that would be a good opportunity to long.
Litecoin (LTCUSD) is rebounding on its 3D MA50 (blue trend-line) towards the 3D MA200 (orange trend-line). If it breaks above the Bear Cycle Lower Highs trend-line (dashed line), then it might imitate the October 2020 rally. So far the two sequences are fairly similar, even on MACD terms. A break-out rally similar to Oct 2020 can hit the 0.786 Fibonacci extension...
What is your gameplan as the Litecoin halving event draws nearer? Litecoin has performed well this year, but the upcoming halving event hasn't received significant attention yet. Litecoin is one of the oldest and most well-established cryptocurrencies. Like bitcoin, it uses a proof of work consensus system, is decentralized, and did not have an initial coin...