Hi dear friends, hope you are well and welcome to the new trade setup of Litecoin (LTC). On a monthly time frame chart, LTC has formed a huge bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
If you use a bar chart and move to the daily time frame , you will see the price can't close at $64. We remain below $64 and even right now as of the last hour price rejected what is holding as resistance for the last 2 days. I believe price will drop as long as we remain below $63.80 - $64
From September to December 2022 or from October to December 2023
Chart is on the daily: Litecoin is looking like all of the other staple coins, bearish. We will see these false positive jumps after consolidation and then dip back down. If we want to stay positive and flip to bullish environment, we will need Litecoin to break the support line between $93-$100. Do your own research and trade at your own risk people! I...
Litecoin Intraday - We look to Sell at 66.78 (stop at 68.61) Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. Our outlook is bearish. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 60.60...
Litecoin has extended its decline exactly as we had predicted. Recall that we noted several factors that pointed to a continued selloff. The price action was 'rounding off' as we have illustrated on the chart. Highs were getting lower and the Kovach OBV has turned south. Lower levels were providing little support and we have just now cracked the lower bound at...
Here is my view for LTCUSD on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Litecoin has broken down from our support level at $66.94, but has found immediate support below at $64.37, which we have added as a new technical level as LTC has tested it a few times during the two week malaise in crypto. The Kovach OBV has taken a dip downwards and is gradually slumping as the price action in Litecoin is broadly rounding off (illustrated by...
Ascending triangle on Litecoin chart is broken down. Bearish movement to support level at 54.5 is expected to happen.
If you're in profit you can close 50% of your position and just leave the rest of it for more gain . If price can break this resistance the nexty target will be $ 265 . Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 05.26.2022 ⚠️(DYOR) ❤️...
As you can see, according to the analysis in 05.15.22 of Bitcoin , the price is still in the Trading range (Sideway) and accumulating and does not follow a specific trend, the conditions mentioned in the previous analysis are still valid and we must consider the scenarios as we said before. If something special happens to the price or market , Rest assured that...
Litecoin is continuing the range it's held for about two weeks, stabilizing between $66.94 and $76.62. The lack of buying interest suggests we need another dump before buyers are enticed and $55.84 is a likely target if so. If we are somehow able to break out then $77.39 should provide immediate resistance. After that, there is a vacuum zone to $85.08, which...
Litecoin Intraday - We look to Buy at 65.02 (stop at 62.98) Price action continues within the short-term bearish trend channel. Previous support located at 65.00. A move lower faces tough support and we remain cautious on downside potential. Trading has been mixed and volatile. Our profit targets will be 73.19 and 85.00 Resistance: 74.00 / 82.70 /...
Litecoin is moving in an uptrend channel near the lower boundary. The price is above the liquidity level. I expect LTC to continue to rise after fixing above the lower boundary of the channel.
Litecoin has maintained a narrow range between $66.94 and $73.62. We did appear to be seeing a bull wedge forming, but momentum quickly dropped off as the rest of the crypto market stagnated. The lack of buying interest suggests we need another dump before buyers are enticed and $55.84 is a likely target if so. If we are somehow able to break out then $77.39...
Past Performance of Litecoin Litecoin is up three percent at press time and break-even versus the USDT in the past trading week. LTCUSDT prices are trending inside a narrow $10 range with caps at $73 and $63, respectively. Although there are hints of strengths, the failure of Litecoin bulls to conclusively close above $83 and the middle BB points to weakness. ...
Wave 4 correction seems to work out as a WXY and now in the final stage Overall tendency is lower for wave 5, but some major swings ahead