Stochastic RSI 1H - is overbought. The most of crypto is falling now therefore I think that Litecoin will going down with them.
Here is my view for LTCUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
LTCUSD - Intraday - We look to Buy at 122.47 (stop at 117.34) We look to buy dips. Choppy price action seen. Previous resistance located at 132.00. Buying continued from the 50% pullback level of 120.73. We look for a temporary move lower. Our profit targets will be 141.06 and 145.15 Resistance: 132.00 / 142.00 / 150.00 Support: 125.00 / 120.00 /...
The global structure and trend of the coin remains downward. Stochastic RSI shows overbought on 4H. On the 1H timeframe the price has formed a double top pattern. Bounced back down from the 200MA on the 1H timeframe. I expect a decline to the $126.19 level.
Just from looking at technical indicators here I am feeling that LTC will be retracing to under the bottom bband. Ideally to catch the short at $140 would be great. Not sure it's going to make it back there now, and I believe this current run up is still a correction and the market is mid-term bearish. Neutral at best. Check out the links below for some other ideas.
Here is my view for LTCUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Watch for a bullish signal at 128.94 for a long entry.
this chart is clearly pointing that the LTC will drop in price
The price formed a double-bottom pattern, made a reversal and reached the resistance level. Local oversold on the 4H timeframe. I think that from the current level we will correct to the nearest support level.
LTCUSD - Intraday - We look to Sell at 133.65 (stop at 137.67) Preferred trade is to sell into rallies. Choppy price action seen. Previous resistance located at 132.00. The trend of lower highs is located at 134.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Our profit targets...
After the correction, we returned to the upward channel. It has consolidated above the support level. Locally oversold, could correct to the support level, test and rebound from it.
Here is my view for LTCUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The price moves within the range. Now a rebound from the resistance level is possible. Have a nice trade! Your Solldy
Let's get straight to it as I've been drawing for a while now... We start with the Monthly timeframe for LTCUSD. We have many bearish signals in this long-term chart. Since this is a long-term chart the effects of these are not immediately visible as market action, it can take a while to develop. We have a very long-term double top, marked with the cup...
Hi, When reviewing the LTC / USDT chart in the 4h interval, it is worth noting that since the previous retest, the energy visible on the CHOP indicator was used for increases, while the energy from 10.02 gave us a downward move. Currently, on 4H you can see that the energy is starting to grow, so it is worth observing which side it will be used in. Cene has...
In this update, I see that Litecoin show up a weakness of the price and don't made the pull back as I look more up a double top. But following the trend, it's bearish. But yesterday, I saw that Litecoin forming a bullish divergence but the price action fall. So, bears are continue dominate the market. This it's the H4 timeframe and it's look bearish. I'm in...
The price bounced off the support. Now there is a correction, which can turn into a false breakdown of resistance. Be careful. Have a nice trade! Your Solldy