Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Litecoin (LTCUSD). Litecoin price on a monthly chart show resistance ahead. Fibonacci Retracement levels shown along with 200 SMA and RSI. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just...
LTCUSD - Intraday - We look to Buy at 113.92 (stop at 111.57) We look for a temporary move higher. Previous resistance, now becomes support at 114.00. 50 4hour EMA is at 113.00. 6 positive daily performances in succession. Our profit targets will be 121.78 and 124.15 Resistance: 125.00 / 130.00 / 140.00 Support: 114.00 / 110.00 / 100 Disclaimer – Saxo...
Litecoin giant magic triangle originating in the year 2017. This is a rare technical pattern with beautiful symmetry. A mark of history to document a pending bull run. Happy trading! Due Diligence: Litecoin has always been one of the top name brand recognition in crypto. It trends together with large market cap coins like Bitcoin and Ethereum . There has never...
📉 Expecting bullish price action on this crypto coin as price is rejecting from an important psychological barrier which is 100$, this is kind of a risky entry because the strucutre is still bearish. For a more conservative entry wait for a BOS above the previous high, retracement and then enter longs. I will enter on this trade on a smaller risk, if it hits my...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for the LTC/BTC pair. The chart is self-explanatory. LTC/BTC pair is at the apex of the descending wedge and there may be a major move coming within a month. Check out my LTCUSD chart review below. RSI and MACD also ready to make a move! If you enjoy my ideas, feel free to...
The historical charts of LTC/BTC and DOGE/BTC are very similar and I expect good growth from Litecoin! Also, DOGE is not mined separately by itself. In 2018-2019, due to inefficient mining, in order to keep the network reliable from a 51% attack, DODGE began to mined along with LTC (called merge mining). The creator of Litecoin, Charlie Lee, publicly got rid...
LTCUSD - Intraday - We look to Sell at 110.90 (stop at 115.68) Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 111.00. The trend of lower highs is located at 111.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Our profit...
Although this structure is far from perfect due to the lower line being violated multiple times, its formation has been going on for over 4 years now and has also been respected many times, and this structure is still in play due to the fact that there is no significant break to either direction, yet.. LTC/ BTC is approaching the end of the apex and will soon...
Litecoin price analysis shows a bearish trend today. Litecoin’s current price is 104.37 Resistance has been tested at $110.1 but strong support lies at $100 Litecoin opened today’s daily chart with an increase of 5.69 percent, a bullish momentum. Litecoin price analysis in the last week has retraced to the $100 level. However, things turned bearish soon after as...
LTCUSD - Intraday - We look to Buy at 100.55 (stop at 96.58) We look to buy dips. The immediate bias is skewed to the downside but, with this move assessed as being corrective, we would prefer to buy into the dip. Previous support located at 100.00. We look for a temporary move higher. Trading close to the psychological 100.00 level. Our profit targets will...
LTCUSD - Intraday - We look to Sell at 119.84 (stop at 124.75) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 120.00. 20 1hour EMA is at 119.00. The trend of lower highs is located at 123.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Our...
LTCUSD - Intraday - We look to Buy a break of 143.42 (stop at 139.97) A move through bespoke resistance at 142.00 and we look for extended gains. We look for gains to be extended today. Intraday signals are bullish. We are trading within a Bullish Ascending Triangle formation. Our profit targets will be 153.22 and 159.62 Resistance: 142.00 / 150.00 /...
I assume quite some people are waiting and hoping for Litecoin to moon, so do I. In my opinion it is the most underrated cryptocurrency in its most literal form. I mean next to BTC and ETH, none of the altcoins have this kind of widespread adoption... and still, Bitcoins silver has almost been forgotten it seems. Unfortunately... So the question remains, will...
Here is my view for LTCUSD on M30. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello my friends! Why is Litecoin a good addition to Bitcoin? Litecoin has Lightning for instant transfer and Atomic Swaps for cross-blockchain trading. Litecoin is a pure cryptocurrency like Bitcoin. It was created based on the Bitcoin protocol. It has a low block time and low transaction fees. Litecoin is one of the most widely accepted cryptocurrencies,...
Here is my view for LTCUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for Litecoin Wallet LTCUSD on H4. For today's view. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Expect bullish price action on this chart, price rejected 150$ area we have bullish momentum and BTC is rising.