Hi✋🏽 After a bearish divergence on the RSI and the break of the short trigger zone, price is ready to reach the targets. There are many weekly lows in the way, so the road may be a bit bouncy. Trend turns above the long trigger zone. What do you think??? Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Litecoin /LTCUSDT is an altcoin that I am optimistically bullish on. The reason? Unlike most other coins, LTC is still...
Litecoin on the 4 Hour seems to be preparing to reverse trend and target the 54 dollar level at a minimum if we get really lucky it will go all the way to 62 before slowing down again. On a sidenote the RSI is developing a Bullish HnS.
The LTC price will fall from these prices. We have had a zone that couldn't pump the price for 2 days, showing buyers' weakness after that falling leg. It seems the pullback has been completed, and the price can decrease more with a strong bearish candle.
Litecoin is moving in a downward channel under liquidity. The RSI chart is in a downtrend channel just like the price and has recently successfully tested the upper boundary (4H TF) LTC is testing 50EMA as resistance (4H TF) I expect the continuation of price decrease if the price fixes under the support.
seem good for a short with Doji, say hello 32.40, use stops
I've been a long-time advocate of Litecoin and I believe the breakout has happened, although many haven't even noticed... Too many people are focused on the negativity and what Bitcoin is doing and have forgotten about the lost silver of crypto!
Litecoin - Intraday - We look to Buy at 50.51 (stop at 49.58) With signals for sentiment at oversold extremes, the dip could not be extended. We look for a temporary move lower. We look to buy dips. Bespoke support is located at 50.50. Our profit targets will be 52.98 and 53.48 Resistance: 53.00 / 54.00 / 55.00 Support: 51.50 / 50.50 / 50.00 Disclaimer –...
Price is still ranging in an ascending triangle. If price breaks below this support line then i would expect it to move all the way down towards the major 6h demand at $49.
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
Possible 20% drop. Just to let everyone know I have started trading 4h/1D time frames from now on. This is not financial advice. Will update after the trade is done.
October in the past has been seen as a short term bullish period for LTCUSD LTC right now is entering its October state and has formed a sharp bullflag like structure This could be the time for a breakout on relevant time scale similar to that seen in these prior years Interesting
LTCUSD sitting on the support. Buy now and sell at the resistance. As Bitcoin is still consolidating, we expect 9 % pump and then getting rejected and coming back down. Good luck
Litecoin - Intraday - We look to Buy at 52.21 (stop at 50.98) The trend of higher lows is located at 52.20. A lower correction is expected. Dips continue to attract buyers. We look to buy dips. Short term momentum is bearish. Buying posted close to the previous low of 51.70. Our profit targets will be 54.98 and 55.88 Resistance: 54.00 / 55.00 /...
Litecoin - Intraday - We look to Buy at 52.05 (stop at 50.98) The trend of higher lows is located at 52.00. A lower correction is expected. Dips continue to attract buyers. We look to buy dips. Our profit targets will be 54.98 and 55.88 Resistance: 55.50 / 57.50 / 59.00 Support: 54.50 / 53.50 / 52.00 Disclaimer – Saxo Bank Group. Please be reminded – you...
Litecoin Intraday - We look to Buy at 52.05 (stop at 50.98) The trend of higher lows is located at 52.00. A lower correction is expected. Dips continue to attract buyers. We look to buy dips. Our profit targets will be 54.98 and 55.88 Resistance: 55.50 / 57.50 / 59.00 Support: 54.50 / 53.50 / 52.00 Please be advised that the information presented on...
XRP Intraday - We look to Sell a break of 0.4338 (stop at 0.4471) A break of yesterdays low would confirm bearish momentum. Short term MACD has turned negative. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals are bearish. Our profit targets will be 0.4001 and 0.3911 Resistance: 0.4650 /...
Past Performance of Litecoin Litecoin is overly within a bearish breakout formation, syncing with the general trend set in motion by Bitcoin. At spot rates, there is a welcomed revival. However, LTC prices remain in a trading range, bound inside a $5 range with caps at $50 on the lower end and $55 on the upper end. #Litecoin Technical Analysis As mentioned...