Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bearish momentum accumulating on the pair right now This sentiment makes me bearish biased and I am considering a short! Like and subscribe and comment my ideas if you enjoy them!
✅ LTC rested on the level. The price has already bounced down from it. I expect the fall to continue.✅ 🚀 SELL scenario : short to 60.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
The price movement in the daily time frame shows that the price has returned below the resistance level of 73.90-70.20. Therefore, we can conclude that the recent growth was a fake breakout. The failure of $63.36 confirms the possibility of continuing the downward trend and the expectation for the continuation of the decline to the previous support range of $51 - $47.
LTC has been showing isolated strength while everything else in crypto have struggled, but local top now looks in and price likely headed back to $50 support.
74$ is a strong RESISTANCE now analysis based on : FIBONACHI levels SUPPORT & RESISTANCE ELLIOT WAVES TREND LINES stay focused and safe.
litecoin showing clear strength against the market. could be an indication of whats to come on a significant pullback. target doesnt seem like an issue
I think LTC "calls" for one mor leg up..and will "soon" break the triangle. Waiting for LTC to retrace to the base ("blue area") of the triangle. The 1h chart will in that case have oversold RSI and risk reward ratio 1,9.
When we look at the last three candles on the Litecoin vs USD chart (LTCUSD) we have a potential reversal pattern... Not yet complete/confirmed. If Litecoin were to close daily/today above $66 this would send out a strong bullish signal. Support was found at the 0.5 Fib. retracement level. While this isn't the 0.618 nor 0.786 Fib. level, when a pair is really...
Trading volumes indicate interest in price growth. The price broke through up 200EMA (4H TF) On the 1H Timeframe, 50EMA and 200EMA formed a "golden cross" pattern. TD Sequential formed a reversal signal downwards (30m TF) I expect that the price can continue rising when the LTC will fix above the support level after the test.
As you can see i have two scenario on my LTC chart. I'm preparing myself to open position on the first scenario,what's your opinion? Comment down below
$LTC moving, closing in on that 10% "pop" Made call the 19th
Low time frame showing some movements depending on some trend patterns. The question is if this can confirm the coming time, for that reason interesting to see if it can get confirmation or not. The markets still have not much movement since BTC is stable.
If you see some bullish breaker on 1H or below, you may think to open a long position
Interesting to see this chart working well no sign of any action to the upside but plenty of room for it. Its happily running its last line of support but be warned if things turn nasty which they could then who knows where the bottom will be after breaking support. Trade safe guys still a bear market.
Past Performance of Litecoin Litecoin is relatively solid when writing. Despite the contraction after what promised to be a welcomed reversal after months of lower lows, there could still be hope for bulls. At spot rates, LTC price action could be completing a retest after springing 60 percent from June 2022 lows. #Litecoin Technical Analysis The bullish...
ETHUSD: Bullish Harami Pattern Above $1152 Ethereum was unable to sustain its bearish momentum and after touching a low of 1152 on 20th Dec, the price started to correct upwards against the US dollar crossing the $1200 handle today in the European trading session. We have seen a bullish opening of the markets this week. We can clearly see a bullish harami...
rolled over significantly to divergence on the four which imo is enough to tap supply at retracement level. its possible it could keep as its in the middle of a macro trend break to the upside. probability for me leans to the downside until bitcoin taps 14700.