LTCUSD POSSIBLE SHORT ENTRY NOW!!!! - Read title and look at photo. IM IN A RUSH SO I CANT GO INTO DETAILS BUT THIS IS JUST AN IDEA AND NOT FINANCIAL ADVISE NOR IS THIS GUARANTEED, DO YOUR OWN RESEARCH!
We adviced people to buy LTC when it was under $200.
n when it came over $240 n just a huge correction happened made it crash till $207 again while people were panic selling we adviced the others to buy more it will reach $500 then $1000.
(link left below this article in the related ideas section )
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Right now nothing was...
Also in Litecoin case, the correction seems to be over, with the price not being able to drop under 200 important figure during the selloff.
Now LtcUsd is trading comfortably above 240 important support and I expect continuation to the upside once this consolidation is over.
Dips towards 240 should be considered a good opportunity for bulls to open long trades...
IMPORTANT TIP: CRYPTO Market IS AT TOP, On Weekly Timeframe BTC is Bearish . Still Alt Coins are Rising Continuously, Don't Know Where ALTS will take U TURN. Thts Why "I Request Please Invest Just 1-2% in Alts Whenever We Post Signals"
🎯Target 1: 282$
🎯Target 2: 330$
🎯Target 3: 410$
check out out previous prediction for LTC in the related idea below ... it just moving on it !!
what happened that after breaking the diagonal dashed resistance line , price reached first target n then tested the same resistance line again as a support
and as we can see strong rebound right now which means that previous resistance flipped to strong support...
Structures are pretty similar if you compare it with september fall
Just overlayed the fractal and we get a price target of about 1400USD
which is also respecting fibs if we overlay fib from 22USD to 380USD (most exchanges mark LTC top as 380 so took this as median level)
THis is not investment advise
1. Pennant Pattern Breakout
2. Waiting for the pullback before we re-enter to reach 340.00 which is at Fibonacci Expansion 1.618 Take Profit Zone
3. Fibonacci Retracement and 1st Take Profit has been completed.
4. Waiting for Fibonacci Expansion 2nd Take Profit
Note, should there be consolidation at Fibonacci Level 1 (Grey Zone) we will...
as we cans see the short resistance black line which litecoin failed to break it 3 times.
a daily red engulfing candle has closed below the black resistance line..
it will be amazing opportunity to catch any ltc between 180 -165
once a daily candle close below 160 ... we can say at that time that we are bearish
but till the moment we r completely...
LTC shows strong bullish ascending channel so far and strong support , faced resistance $250 before n wouldn't able to break it .
once we close a week candle above $370 so we can predict $1000 easily
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LTCUSDT 4H-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for Litecoin LTCUSDT
I expect the price to move higher...
I hope my idea is clear
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Hello Dear Traders,
LTC performed great in this altseason, we also called it from 60, all Targets achieved in few weeks.
as u can see in chart LTC is facing heavy selling pressure form weekly supply zone.
Last week candle closed strong bearish and its indicating reversal frm here.
Also it successfully completed W Chart pattern, now its time for healthy correction...