LTC Analysis This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE. So let's see how the market reacts in the coming days. This chart is likely to help you in making better trade decisions I am not a market maker I could be wrong. Everything is on the chart. Everything Depends On BTC...
Here is my view for LTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Some chartists are claiming that LTC on HTF is forming a cup and handle. This is hard for me to see because the bottom of the cup is jagged. It is more fitting that price action is following harmonics and channels which I denoted. This idea follows a previous idea that $67 LTC is possible. Currently it seems price is bound in a descending channel which many...
Litecoin has broken the downward channel. The price is down after information about delisting from some exchanges after the upgrade. LTC ignored the TD Sequential reversal signal (4H TF) Price in the oversold RSI zone (4H TF) I expect that if price returns to the channel, LTC may rebound.
Litecoin Intraday - We look to Sell at 60.68 (stop at 62.08) Preferred trade is to sell into rallies. A mild correction has been posted from yesterdays low, this is seen as a retest of the breakout level. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended...
✅LITECOIN is trading in a bearish triangle So I am naturally bearish biased But we need to wait for the breakout To get a confirmation and then go short SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Litecoin could be a surprise performer for the crypto market in the days ahead. Regulation could push capital away from most other altcoins, while Litecoin gets a seal of approval that final gives it a spark. This expanding ending diagonal fits the theory extremely well.
Broke down from a three month long rising wedge, and rising widening wedge. The rising widening wedge has a measured move to $64-$68 which is confluent with multi-year rising wedge support. It is now apparent that market makers registered a new ATH, to grab liquidity from 2017. It is usual that liquidity grab is followed by a drop. It is quite fascinating that...
and we probably enter into the 30's good setup #altcoins look so weak right now Hate to be bearish, but the price action points lower
Litecoin Intraday - We look to Sell a break of 62.54 (stop at 64.80) The primary trend remains bearish. Sentiment remains negative despite the pull-back higher in prices. A break of 62.54 is needed to confirm follow through negative momentum. The AB=CD formation target is located at 56.00. Our profit targets will be 56.10 and 54.00 Resistance: 64.30 /...
As above. Once breaks $100 support levels then $60 range possible. Don't be mad Charlie. I just read what the charts tell me. Will follow. Good luck traders!
Litecoin is moving in upward channel and liquidity zone. A volatility declined. Volumes of trading a little declined. 100MA may break up 200MA soon on 1H Timeframe. I expect that the price will retest a lower boundary of channel and continue to growth after fixing in channel.
Litecoin Intraday - We look to Buy at 67.17 (stop at 65.18) We look to buy dips. Previous support located at 65.00. A move lower faces tough support and we remain cautious on downside potential. Trading has been mixed and volatile. Previous resistance located at 74.00. Our profit targets will be 73.16 and 85.00 Resistance: 74.00 / 82.70 / 88.00 Support:...
Picture the last rallye as potential wave 1 within a new bullish cycle while litecoin is heading to the end of its corrective wave 2. If this plays out you wont want to miss wave 3...
Litecoin Intraday - We look to Sell at 66.96 (stop at 68.79) Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. We have a 50% Fibonacci pullback level of 67.18 from 73.92 to 60.45. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell...