hi sweeties!
There is a bearish divergence on the LTC which means the weakness of the buyers in the moment that can indicate an imminent trend correction!
My indicator has already shown the break of the uptrend.
Btw, how can we distinguish either it's a hidden divergence or a trend break?
From my perspective, if I can't see any classical divergences...
Litecoin started to rise long before Bitcoin and other coins and it was my favorite in the past 3 months.
Since mid-December's low at the 60 figure, Litecoin has traded very constructively and the coin looks very determined to test the 100 figure.
The recent correction from 91 seems to be over and LtcUsd ready for a new leg up.
As long as Litecoin stays above its...
Well this has come to a surprise.
We have our first LONG crypto trade line up for the year.
Litecoin has formed a Cup and Handle over the last few months and recently has broken up and out of the brim level.
The Moving Averages are looking perfect as 7>21>200 SMA.
RSI is also above the 50% and broken above the negative divergence which is bullish.
My...
I like what LTC could be ahead of its EoY forecasts.... this chart is a quick short term rally. Come Summer time the real festivities kick off. I will be adding LTC to the portfolio. I think its an excellent option for people who feel priced out of ethereum and bitcoin. The demand hasn't even really begun, anticipate steady demand & incremental climbs. Those who...
In my video from Sunday and yesterday, in my outlook for Bitcoin, I said that I've become bullish crypto market.
Litecoin is not an exception and, in fact, I'm bullish on this coin since November when I first bought it at 50.
My target for this coin remains 100 zone and with the price facing resistance at this moment, a correction could follow.
This correction...
Litcoin was one of the coins that I really liked recently and, indeed, LtcUsd has had a nice run from 50s November's low.
Now the coin corrected the recent leg up and is trading in a very strong resistance zone that lies between 60 and 65.
As long as this zone is intact there is a high probability for a new leg up and Litecoin could rise to test 90-93 zone...
As this is something we've discussed live extensively during streams, I wanted to take a moment to outline a "live" setup for Wyckoff Redistribution. In this instance, the target is Litecoin ($LTC). First let's discuss what Wyckoff Redistribution actually is, starting with a link to the pattern itself .
Wyckoff Redistribution is a way to truly make sense of...
I was bullish on Litecoin since 2 days ago and thought it will rise to the 95-100 zone.
However, the coin started to look tired and I closed my trade just above 80.
In my opinion, crypto bulls are not out of the woods and a new wave of strong selling could follow in the near future, so I'm preparing for this scenario.
In Litecoin's case, looking at the chart, we...
Litecoin has seen a early move with price climbing into the midst of the Gaussian Channel on this Weekly timeframe
This allows price to form a strong wick/candle at the bottom of the channel as price continues to move upwards
Ridiculously good buy when considering the Monthly of this chart aswell
In my previous Litecoin analysis, I said that the structure for this coin is very bullish and we can have a rise towards 100 important figure in the medium term.
Indeed, after a very short-lived spike under 60, LtcUsd has risen and broke above 65 resistance which was also the resistance of an ascending triangle.
Acceleration followed and a top around 80.
After...
As I've written in my previous analysis, Litecoin is a coin that I like a lot...
As we can see from the posted chart, after a short-lived drop under the 50 support zone, the coin recovered very quickly and since then, the price action is pretty constructive and is carving an ascending triangle on our chart.
At this moment 60 zone offers support and a break above...
As I said this in the past, Litecoin is one of the most technical coins out there and very clear when it comes to analyzing it.
As we can see from the main posted chart, after a dive at 40usd in the middle of June, the coin reversed and started to trade in a range between 50 and 65.
Last week, after touching the 70 important resistance, LTC took a dive as all the...
RSI has reached its bottom point
Price will likely pose a reversal
I have a feeling that the reversal we will see will be a lot different to the previous two rallies that I have charted (300%,400%). With a bigger breakout being on the horizon.
Linking some relevant ideas below
While the BTCUSDT price was close to renewing the 2022 low, the LTCUSDT price stopped its decline 20% above the June 2022 low.
Looking at the trading chart of the LTC price, it can be assumed that there is now an accumulation of a long position in the range of 50-65 dollars.
The result of such accumulation can be a shot of the Litecoin price to at least $96, and...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find a significant trading opportunity as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
LTC Litecoin looks bearish right now, due to the market conditions.
My price target for LTC Litecoin is the Covid lockdown level of $23.
Looking forward to read your opinion about it.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure on LTC Litecoin.
LTC/USDT short
Entry Range: $52 - 55
Price Target 1: $42
Price Target 2: $36
Price Target 3: $24
Stop Loss: $63
Litecoin - Intraday expiry 8am UK - We look to Buy at 50.36 (stop at 48.88)
With signals for sentiment at oversold extremes, the dip could not be extended.
Trading close to the psychological 50.00 level.
50.16 has been pivotal. Bullish divergence is expected to support prices. We look to buy dips.
Our profit targets will be 54.19 and 55.19
Resistance:...
