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...
Volatility has declined. Price dropped below 50, 100 and 200MA on the 30m Timeframe. Litecoin under the liquidity zone. I expect LTC to continue to fall if the price moves below the support level.
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%
ltc is looking great down here to accumulate great risk reward here and could see a big move up soon
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...
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!
Seem like we have a buy setup for the short term; I'm going to buy, that my target for buy and target, and don't forget stop-loss
Lot of people bullish on cryptos - and LTC - in particular. My base case bearish scenario outlined here. Much lower prices to come which will be an excellent long entry point. We patiently wait for these prices to layer in our long position.
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...
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!
Like many coins, LTC is moving in a downward channel. But the candlesticks and trading volumes favor a further decline. Therefore, if the price fixes under the lower boundary of the channel, I expect a retest of the support level.
Short Term Elliott Wave View in Litecoin (LTCUSD) suggests cycle from March 30, 2022 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from March 30, wave ((i)) ended at 119.11 and wave ((ii)) ended at 129.50. The crypto currency then extended lower in wave ((iii)) towards 101.93, wave ((iv)) ended at 114.75. Final leg lower wave ((v)) ended at...
Plotted on the chart in orange are LTCUSD's three and most relevant halving dates, with the third being yet to come until July 25 2023 The first halving and the third show similarities, in that they both are experiencing a bull move that will lead to a bull market before the halving The first one took a long time to materialize however with a long period of low...
Hello, Friends! LTC/USD appeared on my radar today With the recent news and corresponding price action Making me bearish on the pair Therefore, a move down is to be expected SELL! ✅LIKE AND COMMENT MY IDEAS✅