Litecoin Intraday We look to Buy at 55.28 (stop at 53.17) A sequence of intraday higher highs and lows has been posted. We can see no technical reason for a change of trend. We look for a temporary move lower. Support is located at 55.00 and should stem dips to this area. Dip buying offers good risk/reward. Our profit targets will be 59.94 and 62.00...
Litecoin Intraday We look to Sell at 49.96 (stop at 52.06) A bearish Head and Shoulders is forming. We look to set shorts in early trade for a further test of the fragile looking support. A move through bespoke support at 50.00 and we look for extended losses. There is scope for mild buying at the open but gains should be limited. Our profit targets will...
Litecoin Intraday We look to Sell at 54.63 (stop at 55.69) A bearish Head and Shoulders has formed. We have a 61.8% Fibonacci pullback level of 54.82 from 57.00 to 51.30. The hourly chart technicals suggests further upside before the downtrend returns. There is scope for mild buying at the open but gains should be limited. Our profit targets will be...
Litecoin Intraday We look to Buy at 44.05 (stop at 42.82) Preferred trade is to buy on dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 43.50. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 47.44 and...
Litecoin Intraday - We look to Sell at 45.89 (stop at 47.18) Preferred trade is to sell into rallies. A sequence of weekly lower lows and highs has been posted. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today. Our profit targets will be 41.13 and...
Litecoin Intraday - We look to Sell at 60.68 (stop at 62.08) Preferred trade is to sell into rallies. A mild correction has been posted from yesterdays low, this is seen as a retest of the breakout level. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended...
Litecoin Intraday - We look to Sell at 66.96 (stop at 68.79) Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. We have a 50% Fibonacci pullback level of 67.18 from 73.92 to 60.45. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell...
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
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 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... At one point it was considered part of the "Big Three (BTC, ETH and LTC) It attracted lots of attention as it was one of the most "Reasonably" priced coin compared to both BTC and LTC. But it never made new highs from the Late 2017 Bull run. All others are 10x+ It's a sleeping giant. Has lots of Scrypt miners to back up it's network. It's LTC/BTC...
Litecoin Intraday - We look to Buy at 103.15 (stop at 100.74) We look to buy dips. Previous support located at 103.00. Short term oscillators have turned positive. Broken out of the channel formation to the upside. Our profit targets will be 108.59 and 111.01 Resistance: 107.00 / 115.00 / 120.00 Support: 103.00 / 100.00 / 97.00 Disclaimer – Saxo Bank...
LTC broke multiyear downtrend and is going to need to find a new ceiling in the next mont and half. Taproot/MWEB activation should help push us higher as well.
11 monthly downtrend finally breakout? /fakeout? let s see guys..
After further analysing the BTC pair of this altcoin, I found out that it loves to tag the golden pocket before turning lower. Putting this knowledge to practice - we can trade LTC while looking at the LTC/BTC pair, as well as BTC, to time our entries perfectly.
Litecoin Intraday - We look to Sell at 119.38 (stop at 121.57) The trend of lower lows is located at 121.00. Previous support, now becomes resistance at 122.00. Broken out of the Head and Shoulders formation to the downside. We have a 50% Fibonacci pullback level of 118.75 from 127.38 to 110.12. Our profit targets will be 110.15 and 108.12 Resistance:...
Litecoin Intraday - We look to Sell at 121.95 (stop at 123.50) The trend of lower lows is located at 126.00. Previous support, now becomes resistance at 122.00. Current prices have reacted from a low of 117.50, however, we expect further losses to follow. Preferred trade is to sell into rallies. Our profit targets will be 117.49 and 116.10 Resistance:...