LTC is going to create an Inverse Cup and handle pattern which means the price will be having a downfall pretty soon. The pattern has not formed completely but when it happens we shall expect a reaction from the resistance level and afterward we shall see a Dump . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have...
Litecoin creates continious pattern falling wedge Buyers come into market and support it many times LTC is Ready to fly A pullback is expected before start to up
As the second chart in today's review, we'll be looking at LTC against USDT, also on a four-hour timeframe. First of all, using the yellow line, we can mark the downtrend line from which the price went up, while locally, we can mark the uptrend channel in which the price is currently holding with blue lines. Now let's move on to marking the places of support. We...
The price has hit the daily support. A bounce should be expected here and the probability favors a long here.
Litecoin - 24h expiry - We look to Sell a break of 84.98 (stop at 88.08) Broken out of the triangle formation to the downside. Trading has been mixed and volatile. Daily momentum has stalled and our bias is now neutral. A break of the recent low at 85.33 should result in a further move lower. 85.33 has been pivotal. Our profit targets will be 77.48 and...
Litecoin breaking the moving average in the monthly timeframe indicates a bull market. $130 is seen as the target first, but higher levels can be seen if this is broken.
Past Performance of Litecoin Litecoin remains bullish, looking at the performance in the daily chart. Even though the immediate trend favors sellers, prices are defined by the bull bar of March 23. Buyers have the upper hand from an effort versus result perspective. Still, for uptrend confirmation, LTC must break above $95 and, ideally, $120. #Litecoin...
Above is the pattern of LTC, the price and the wave need to correct to $59 to complete the parallelogram correction trend for the XABCD wave to approach the new target of $171. Let us know what you think about this code
LTC About To Break Out From Bullish Wedge!!!Next Target 100$-120$
Litecoin bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 88 is expected to happen.
Happy Weekend, Prices of the crypto has been bullish since we have got to know about USA BANKING CRISIS making DXY and other currencies vulnerable therefore for shorter term we would be expecting price to continue rising until it reach out area of reversal where we can sell for swing entry.
If we take a closer look at Litecoin, we will notice that a buy signal has been issued. The Awesome Oscillator is in a very good position and a buy signal has been issued on the candle I specified. Stop loss is set based on ATR 14*2.
Historically, when a global growth trend emerges, Litecoin is ahead of the "train" and sets the pace. We described this in more detail, with graphs and comparisons, in our previous idea here: If we look at the LTCUSDT chart, we will notice that while almost the entire market was still growing well in the previous weeks, the LTC price stopped before an...
Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Litecoin (LTC) has been one of Thursday’s biggest gainers, as prices rose by as much as 13% in today’s session. LTC/USD raced to an intraday high of $91.70 in today’s session, a day after falling to a low of $79.95. As a result...
The price is getting pushed back from weekly resistance. Currently trading inside low time frame support zone. However, I would expect the price to go towards the daily support zone. If it comes to that zone, a long is favorable there.
Litecoin (LTC) technical analysis: Trade setup : Price broke back above $90 resistance to resume Uptrend, with upside potential to next resistance zone of $100-105. (set a price alert). Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support...
Litecoin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 105.7 is expected to happen.
The price pushed towards daily resistance and hit area around 88. Now it is facing push back from that daily resistance. It might be pushed till the next support area. If it does, that would be a good opportunity to long.