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
As you can see, the price is still in a trading range (Sideway) and does not follow any specific trend and we have to wait for the strong break , note that previous analyzes are still important and valid. 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 :...
Litecoin Intraday - We look to Buy a break of 74.00 (stop at 70.91) Our outlook is bullish. Price action has formed a bullish ascending triangle formation. Neckline resistance 74.00. We expect a significant move higher if prices manage to break the 74.00 resistance. Our profit targets will be 82.20 and 85.00 Resistance: 74.00 / 82.70 / 88.00 Support:...
Litecoin is gradually trending up to the upper bound of the range at $73.62. We are holding the range between this and $66.94, as the crypto market has remained in a slump for the past ten days. We are seeing very little momentum come through and the Kovach OBV has rounded off, flattening out completely. We will need more momentum to come through into crypto in...
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