Litecoin is bouncing off the Fibonacci 0.5 level and bouncing off the resistance level. Bearish trend is likely to continue and reach the support level at 65.8.
Two things mainly when looking at Litecoin. The correction happened suddenly and strong but the same as it happened to all other pairs. We can see Litecoin bouncing perfectly off the 0.618 Fib. retracement level for the entire bullish wave that started in June 2022. We have the highest volume since November 2022. If you remove the 3d candle from November 2022...
Hidden Bullish Divergence in Litecoin as RSI will now traverse through oversold zone
LTC Buy zone: $49 - 50 LTC is one of the strongest so far since June 2022 we had two drops of BTC to new levels but LTC did not make a new bottom with BTC. The reason is you have LTC halving august 2023 and usually they sell off before the halving in two months so I assume peaks around the end of May for LTC Retest Then take-off
LTCUSDT LTC engulfed on the 8-hour chart and is already strongly returning towards the MM200, but before that it has the resistance imposed by the Keltner Channel at 77.13 2 85.94.MACD and positive RSI, show a probable trend reversal. Despite the current market turmoil , the network's latest update confirms that it has maintained its transaction consistency on...
Litecoin is showing some phenomenal, multi-year RSI divergence. Such simple TA doesn't need much writing. This is NOT financial advice.
Multi Year Range. Halvings. 0.618's being respected everywhere. With the turmoil in TradFi right now, we're either getting great entries in this sweet spot, or everything is going to capitulate.
Crypto is in a situation right now where it's purging all of the toxic assets in the sector and when looking at the domiance and total charts it all points towards many of the alt coins eventually going to 0 and giving up all of their dominance to a handfull of truly Decentralized and Trustless Chains. Assets like XMR, LTC, and BTC feel like safe picks but...
Litecoin (LTC) technical analysis: Trade setup : Following a Bearish breakout from Channel Up pattern, price broke below $80 and $70 support, and below 200-day MA, reversing trends. It is very oversold now (RSI ~ 20) and could bounce up near-term. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LTC symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
LTC after reaching the Bullish Butterfly profit taking target, has pulled back and developed another Bullish 1.618 Harmonic in the form of a Bullish Crab at the 200 Day SMA and Support Zone. If things go like last time we will see LTC trade at these levels for a few days before going for another Higher High eventually.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. LTC rejected the 100.0 weekly resistance and traded lower. Now it is approaching the lower red trendline. Moreover, the zone 60.0 a strong weekly structure. 🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the red...
Locally, the coin is under a downtrend (red descending line). In case of breakdown of this line, we will see a hike to the level of $88. $88-93 are key resistances. Pay attention to what volumes are concentrated at these levels. I highlighted the supports with orange lines. We will observe the reaction at these levels. I will go long from these levels with a...
I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel from which the price came down. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $83, where the price is currently located, the second support is at $77,...
Looking at this critical 12h support on #ltc and a leading Bear or Bull for #btc next move.
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The key is whether the price can sustain the price by rising above the HA-High indicator on the 1W chart. ----------------------------------------- (LTCUSDT 1D chart) You need to make sure you...
Hello,Traders! LITECOIN broke the rising Support line and is now Retesting the broken level So I am locally bearish And I think that the price Will go down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Coming off a fresh rejection off the descending resistive trend line we've received a Sell signal from CTv2, there's around 30% drop until price would meet support at an intersection of ascending trend lines and a historic SR level. This is our target! _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! ...