Litecoin bounced off the support level. Bullish movement to resistance level at 54 is expected to happen. If the next resistance level will be broken up the Litecoin is supposed to reach 55.4.
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
Litecoin - Expires tomorrow 9am UK - We look to Buy a break of 56.02 (stop at 54.47) Trading within a Corrective Channel formation. A break of resistance at 56.00 should lead to a more aggressive move higher towards 60.00. With signals for sentiment at oversold extremes, the dip could not be extended. Our profit targets will be 59.75 and 60.75 Resistance:...
Litecoin - Intraday - We look to Buy at 52.51 (stop at 50.98) We are trading at oversold extremes. The trend of higher lows is located at 52.50. We look to buy dips. Bullish divergence can be seen on the weekly chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction...
Let's see how true this plays out going into 2023. I prefer to trade long term and create guides like this for myself to keep me on track. Hope it becomes useful for others as well. Not Financial Advice.
Litecoin - Intraday - We look to Buy a break of 54.01 (stop at 52.58) We are trading at oversold extremes. A higher correction is expected. A break of bespoke resistance at 54.00, and the move higher is already underway. Expect trading to remain mixed and volatile. 20 4hour EMA is at 54.15. The trend of higher lows is located at 52.50. Our profit targets...
Litecoin bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 62.5 is expected to happen.
Litecoin is showing two peaks touching the upper trend line and maintaining this channel This is also seen in the earlier state before LTC mooned to 300+ Its just a matter of when
Intraday We look to Buy at 57.36 (stop at 56.09) Short-term momentum is bullish. Short-term bias has turned positive. 20 4hour EMA is at 57.80. 50 4hour EMA is at 57.70. We look to buy dips. Our profit targets will be 60.75 and 61.65 Resistance: 61.00 / 62.00 / 63.00 Support: 60.00 / 59.00 / 57.50
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...
Litecoin bounced off the support area. Bullish movement to resistance level at 57.5 is expected to happen.
Litecoin bounced off the support level. Asset broke through the descending trendline. Bullish movement to resistance level at 61.4 is expected to happen.
Litecoin bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 65.4 is possible.
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 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...
An idea for LTCUSD comparing a previous point before a large breakout Price is currently at the same pace as the up green arrow This large triangle is waiting to be broken
Litecoin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 70.5 is expected to happen
Using a Log Growth Curve indicator on LTCUSD Green Boxes show similar points along the growth curve We are currently at the bottom, or approaching it.