LTCUSD Potential for Bullish Rise | 16th February 2023Looking at the H4 chart, my overall bias for LTCUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for a pullback buy entry at 94.72, where the overlap support is. Stop loss will be at 88.25, where the recent low is. Take profit will be at 116.03, where the overlap resistance is.
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LTC-USD
LTCUSD Futures ( LTCUSD ), H4 Potential for Bearish DropTitle: LTCUSD Futures ( LTCUSD ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 102.62
Pivot: 98.20
Support: 86.69
Preferred case: Looking at the H4 chart, my overall bias for LTCUSD is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly head towards the support at 86.69, which is the intermediate support.
Alternative scenario: Price may head back up to retest the resistance at 102.62 where the recent high is located.
Fundamentals: There are no major news.
LTCUSD Potential for Bearish Drop | 6th February 2023Looking at the H4 chart, my overall bias for LTCUSD is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market.
Looking for a pullback sell entry at 97.95, where the overlap resistance is. Stop loss will be at 102.65, where the recent high is. Take profit will be at 86.52, where the intermediate support is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LTC USD travelling on its last line of supportInteresting to see this chart working well no sign of any action to the upside but plenty of room for it.
Its happily running its last line of support but be warned if things turn nasty which they could then who knows where the bottom will be after breaking support.
Trade safe guys still a bear market.
LTCUSD Potential for a 25% ShortWith a descending triangle closing up on Litecoin, a Short signal produced from Crypto Tipster v2, and a current price trading slightly higher than the nearest support, it's looking likely there could be a potential drop coming for LTCUSD.
The nearest support being around 25% lower than the current price this could a great opportunity to grab yourself some easy gains. We'd probably set our stop just above the current downward trend line to ensure minial losses if the price did move against us.
LTC- Long on 4HHi,
I've entered LONG on the LTC/USD pair. It looks like a clear cut rejection from support and now were starting to see a breakthrough past the previous high from last week.
Target 1 remains at the high from the start of the month with the local high close being $83. From there we target the daily resistance at $94. If we see any sign of rejection before hitting Target 1, the stop loss will be set at $73.
Good luck if you join
LTCUSD Potential for Bearish continuation| 23rd August 2022On the H4 chart, prices seem to be respecting the bearish trend however, we're looking for a short term sell entry at 57.56 where the 38.2% retracement sits and also it fail to break this level the past few candles. our take profit will be at 52.01 where the previous swing low sits and stop loss will be at 61.53 where the previous swing high sits
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LTCUSD Potential for Bearish Continuation | 27th July 2022On the H4, with price breaking the ascending channel and there is a descending line of RSI, we have a bearish bias that price might drop from our sell entry at 54.64, which is in line with 23.6% fibonacci retracement to the take profit at 51.07, which is in line with pullback support. If the price breaks the 51.07, we could expect it to drop to our next support at 47.26, which is in line with pullback support. Alternatively, price may head for stop loss at 59.67, which is in line with the multiple swing highs.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LTCUSD Potential for Bullish Continuation | 22nd July 2022On the H4, with price moving in an ascending trendline and above ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 54.94 where is in line with the 50 % fibonacci retracement and 78.6% fibonacci projection to the take profit at 61.8, which is in line with the swing high support. Alternatively, the price may break the support structure at the buy entry and drop to the stop loss at 51.12, which is in line with the pull back support and 127.2% fibonacci projection .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC USD ETH : MARKET PSYCHOLOGY AND FOMO! EXPONENTIAL GROWTH!I did this chart to show how people react to the market. It shows little interest with a prolonged slow rise then more interest and more interest etc until the FOMO blowoff hits. This increase in angle of uptrend plays out in every timeframe and in almost every chart. I think the crypto market is just getting warmed up. We're about to go parabolic in my opinion. This is just my opinion and not financial advice. Thank you and good luck out there.
RVN RAVENCOIN USD BOUNCING OFF SUPPORT EXPLOSION INCOMING $2.50RVN RAVENCOIN USD Is looking great to me. The bottom is either in or one more test of the support line before the next explosion upwards. I can see at least $2 with this project. They are still working hard and fundamentals have only changed for the better since the last runs. I'm accumulating now. If support breaks and closes a daily below $.02 cents then expect a much further retrace down to prior support levels around $.01 cent. I don't think that is what will happen though I think a nice move is incoming, MACD is curling up, RSI is curling up and BBWP is starting to expand again so volatility is going up. A move is close and I think its more than likely to the upside. This is just my opinion and not trading advice. Good luck and thank you.
💡Don't miss the great buy opportunity in LTCUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (108.8).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 117.5
TP2= @ 121.9
TP3= @ 127.1
TP4= @ 134.1
TP5= @ 142.9
SL= Break below S2
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💡Don't miss the great buy opportunity in LTCUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (108.8).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 117.5
TP2= @ 121.9
TP3= @ 127.1
TP4= @ 134.1
TP5= @ 142.9
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
LTCUSD H4 Bullish Pressure | 13th April 2022On the H4, we see the price is on bullish pressure. Price can potentially rise from pivot level of 102.31 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection towards the 1st resistance level of 114.65 in line with 38.2% Fibonacci retracement , with a graphical pullback resistance. Our bullish bias is supported by the stochastic indicator where price is trading at support level .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LTCUSD H4 Bullish Pressure | 13th April 2022On the H4, we see the price is on bullish pressure. Price can potentially rise from pivot level of 102.31 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection towards the 1st resistance level of 114.65 in line with 38.2% Fibonacci retracement, with a graphical pullback resistance. Our bullish bias is supported by the stochastic indicator where price is trading at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LTC - Correction CompletedThis may be a loose ABC correction. However, it appears to be completed and a new up-trend is in.
Rsi and Stoch Rsi suggest and minor pullback before more continuation up.
Im looking for LTC to pullback to around 119, before advancing to 143, the next overhead resistance.
Not financial Advice.
This is for my reference and record as a hobbyist trader.
LTCUSD potential for bounce! 24th feb 2022Prices are consolidating in a parallel channel . We see the potential for a bounce from our buy entry at 94.7 in line with 78.6% Fibonacci extension towards our Take Profit at 104.48in line with 61.8% FIbonacci extension and 23.6% Fibonacci retracement .. RSI are at levels where bounces occurred previously.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LTCUSD potential for bounce! 24th feb 2022Prices are consolidating in a parallel channel . We see the potential for a bounce from our buy entry at 94.7 in line with 78.6% Fibonacci extension towards our Take Profit at 104.48in line with 61.8% FIbonacci extension and 23.6% Fibonacci retracement.. RSI are at levels where bounces occurred previously.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LTCUSD (Litecoin) Cryptocurrency | Symmetrical TrianglesSee trend line formed at EMA 20 Close Price 156.67. Intersection of levels are good confluence factors.
Watch for bullish price action where levels intersect. See chart below where Trend Line, EMA 10, and EMA 20 intersects. A bullish engulfing candle formed.
Target Price is 162.18.