Litecoin - Intraday - We look to Sell a break of 57.99 (stop at 59.62)
Short term bias has turned negative.
The bearish engulfing candle on the daily chart is negative for sentiment.
A break of yesterdays low would confirm bearish momentum.
Trend line support is located at 52.50.
Our profit targets will be 53.71 and 53.01
Resistance: 61.00 / 62.00 /...
Since the 40 low made in mid-June, Litecoin has started to rise and made a high at 65.
For a month now the coin is trading in a range between that high and a low at 52 and with the lifted pressure from the crypto market this range can be broken to the upside.
In my opinion, dips under 60 should be bought in anticipation of an upbreak and continuation of the recent...
Litecoin
Intraday
We look to Buy at 57.41 (stop at 56.19)
Previous resistance level of 57.50 broken. We look for a temporary move lower. We look to buy dips.
Our profit targets will be 60.39 and 60.99
Resistance: 60.00 / 61.00 / 62.00
Support: 59.00 / 57.50 / 56.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your...
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD).
The Litecoin chart is on a weekly basis to show the life cycle of Litecoin on this chart. Price was around $200 in December 2021 when I started sharing my concerns with the crypto market. I hope you took that advice seriously at that time, as Litecoin...
Litecoin
Intraday
We look to Buy at 56.26 (stop at 55.05)
Daily signals are mildly bullish. 56.00 continues to hold back the bears. We look for a temporary move lower. Prices expected to stall near trend line support. Further upside is expected although we prefer to set longs at our bespoke support levels at 56.00, resulting in improved risk/reward.
Our...
Trade Idea: Selling Litecoin
Reasoning: At key 50 day and 50 4 hour moving average - looking for sellers to win the fight
Entry Level: 57.05
Take Profit Level: 52.88
Stop Loss: 58.06
Risk/Reward: 4.13:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Litecoin
Intraday
We look to Sell at 57.84 (stop at 59.89)
Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 58.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Further downside is expected.
Our profit targets will be 53.07 and 52.00...
$LTC is in the bear market since May 2021. Local resistance line tested but not broken.
There is a change $LTC might go to $41 in the coming months.
Also in case of a prolonged crypto bear market or significant sell-off it might hit $25 level.
Price range between $41 and $25 is a great accumulation level to buy at.
At the chart you might also see Accumulation...
Litecoin
Intraday
We look to Buy at 60.09 (stop at 58.15)
Following yesterday's bullish candle, the overall trend higher looks set to continue today. Bespoke support is located at 60.00. We look for a temporary move lower. Support could prove difficult to breakdown. Preferred trade is to buy on dips.
Our profit targets will be 64.96 and 66.00...
Litecoin
Intraday
We look to Sell at 59.93 (stop at 61.59)
Posted a Double Top formation. This is a bearish reversal signal and the lack of progress higher has confirmed a sentiment shift. We can see no technical reason for a change of trend. Preferred trade is to sell into rallies. Further downside is expected.
Our profit targets will be 56.03 and 55.00...
Let's consider LTCUSDT today at 3 -day time frame
More than a year has lasted downtrend. And finally in June-July 2022 were increased trade volumes that indicate a meticulous struggle between buyers and sellers.
Increased trade volumes on a conditional bottom may indicate an attempt to turn the trend for growth.
However, Litecoin is an "old coin" and it is...
Litecoin
Intraday
We look to Buy at 61.12 (stop at 59.72)
Intraday signals are bullish. Dips continue to attract buyers. We can see no technical reason for a change of trend. Further upside is expected although we prefer to set longs at our bespoke support levels at 61.00, resulting in improved risk/reward.
Our profit targets will be 64.96 and 66.00...
Litecoin
Intraday
We look to Buy at 55.72 (stop at 53.90)
60.00 continues to hold back the bulls. We look for a temporary move lower. Prices expected to stall near trend line support. We expect a reversal in this move. Preferred trade is to buy on dips.
Our profit targets will be 59.99 and 62.00
Resistance: 60.00 / 72.00 / 96.00
Support: 55.50 / 47.00 /...
Litecoin
Intraday
We look to Buy at 58.71 (stop at 56.40)
Prices have continued the bullish move higher and resulted in 2 consecutive positive days. This is positive for sentiment and the uptrend has potential to return. We look for a temporary move lower. A Fibonacci confluence area is located at 58.20. Further upside is expected although we prefer to buy...
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 51.40 (stop at 54.40)
Our short term bias remains negative. The trend of lower highs is located at 51.40. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies.
Our profit targets will be 40.35 and 35.00
Resistance: 51.40 / 53.98 / 56.14
Support: 46.41 /...
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 54.83 (stop at 56.60)
The primary trend remains bearish. A bearish Head and Shoulders is forming. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Further downside is expected although we prefer to sell into rallies close to the 55.00 level.
Our profit targets will be...
