Litecoin seems to have found stability in the $70's, bounded from above by $73.62. We appear to be seeing a bull wedge pattern forming as observed in other crypto assets. If we are able to breakout from here, the first level of resistance is $77.39, then our ultimate target is $85.08. We have a way to go before recovering to the $100's, but this will be a good...
Litecoin Intraday - We look to Sell at 76.92 (stop at 80.43) Preferred trade is to sell into rallies. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. We have a 78.6% Fibonacci pullback level of 76.07 from 82.78 to 51.42. Expect price action to remain mixed and volatile as...
This is an update to my previous analysis, go check it out from yesterday. LUNA has broken to the upside of the symmetrical triangle, and is now testing the top trend line of the triangle after the break as support, like I predicted yesterday. Volatility is expanding and a big quick move is under way. A technical measured move is shown by measuring the top of...
Litecoin has recovered from lows around $55, and made a run back to the $70's. We have rejected $73.62 twice confirmed by two red triangles on the KRI. The Kovach OBV has drifted up, but still has a way to go before being considered properly 'bullish'. We must break $73 and $77 before considering higher levels. If we are able to do this, then $85.08 is the...
Hello everyone thanks for checking out my chart. So what happened to LUNA is a tragedy and I really feel for everyone who has lost in this stupid mess. I didn't hold any LUNA pre-collapse but I have been trading it and making some serious gains in a short period of time. I don't think LUNA will recover anywhere even close to where it was, or even 50 cents. I...
LTCUSD Upward Scenario Entry: above 62 TP1: 83 TP2: 94 TP3: 110 SL.: 40 ============== Downward Scenario Entry: under 55 TP1: 43 TP2: 32 TP3: 21 SL.: 65 Risk 2.5%
Hi guys, looking at the Litecoin chart seems obvious that we have a similiar structure like Bitcoin, i mean the same inclination to identifye a bear market. Now, if you follow the Dca method, in the long term there are so few possibility that you run out of money, although u can wait that price break the channel, with an approriate strategy to trade it and make...
ltc is looking great down here to accumulate great risk reward here and could see a big move up soon
Litecoin has continued a rally after smashing through lower levels, testing the $50's. We found support at $55.84, confirmed by a green triangle on the KRI. We were able to reestablish the $60's after that, breaking through $66.94, then making a run for $73.62. We are currently just shy of this level, hovering about $72 or so at the time of this writing. We...
Trade Idea: Litecoin heading lower? Reasoning: Confluence sell at 61.8% Fibonacci level Entry Level: 68.51 Profit Level: 60.09 Stop Loss: 71.51 Risk/Reward: 2.81R Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
#LTCUSDT Technical Analysis:- Currently LTC trading at $65 and It dumped around $50 so I picked at lower. - #LTC best accumulation zone = $40-$60 if dip then I will buy more - Breakout + Retest already done in high time frame - Targets = $126/$206/$433/$1019/$3000 - Long Term Target For $LTC = $3000 - I am supper bullish in Long Term
Litecoin has dumped yet again, finding support at $55.84, the level we identified yesterday. We do appear to be seeing some support, but were not even able to cross the vacuum zone to the next level at $66.94. A relief rally could easily take us back to that level or the next level at $73.62. However, we appear to be establishing value in the vacuum zone...
Bitcoin fell deeper into the $20K's last night. It found support at $25.1K, our exact level, before finding support and pivoting back to the $28K's. At this point, $30K should be a barrier, which was unthinkable for some, even a few days ago. The Kovach OBV is abysmal, and registers the most extreme of sold off conditions. A relief rally is to be expected and...
Now is the time to get ready for the 2023 LTC halvening. You want to be way ahead of the herd, as this should be the big headlining event in the crypto space next year. Top to bottom last halving event was December to December. The crypto market is currently capitulating per my previous idea. Buy Zone is indicated in purple. Date ranges and price drop...
$LTC has formed a H&S pattern in the daily time frame while $BTC is in a bear flag near support line bounced a little bit up. Fed will raise interest rate starting from May which is a very bearish sign for the stock market! Nasdaq is positively correlated with Bitcoin. In a nutshell, cryptocurrency market depends totally on the US stock market. For this $LTC...
To me, it looks like $LTC is in the process of playing out a double top formation. From here, we're likely in a short term bullish position with potential to reach the upper targets at $259 or $343, and potentially even the top range at $412. However, after that, if we reject there, it sets up the possibility to hit the lower target at $66.84 (or at an extreme...
LTC shows a return to a major wedge on the daily timeframe. as well as a local wedge after an upward movement. Breaking through the local wedge can give us a re-exit from the big wedge and the continuation of the upward movement.