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LTC Technical Analysis: Will Litecoin Resistance Zone Give Way tLTC is trading under the resistance zone (Green) at $72.96 - $76.19 and we are expecting a bullish breakout very soon because we are seeing an increase in volume and improving macro market sentiment. There are 2 scenarios Bullish Scenario If the price breaks out from the Green zone with volume we might see the price could reach the next resistance zone (Blue) at $109.69 - $119.41. Bearish Scenario If the price is rejected from this Green zone we might see the price test support zone (Yellow) at $56.19 - $60.79. This zone is consistently providing a strong support zone. The price has been bounced back from this zone many times.
Long
by TheCryptoCity
LTC after pullback to the support zone will continue to go upLTC after pullback to the support zone will continue to go up 🔵Entry Zone 93.59 - 91.25 🔴SL 82.18 🟢TP1 99.98 🟢TP2 110.38 🟢TP3 128.08 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
LTC, giving us a chance to be a passenger on FLIGHT of the year!LTC is currently at correction phase -- and we all know this is a 'back to tarmac event' -- a chance for passengers to be in before the anticipated FLIGHT. Current pricing will be archived soon -- and a new 3-digit pricing will be in play. WEEKLY DATA is firm as it was before -- PRICE GROWTH imminent. 48 DAYS TO GO BEFORE HALVING. Days are getting shorter. Net buy positions keeps piling up at the 80-90 price levels. No instructions needed, you know what to do. Spotted at 88.0 TAYOR. Safeguard capital always.
Long
by JSAL
4
LTC/USDT - Potential Drop to Come?LTC's chart is showing us a bit of a fight here. We've been mapping out lower lows recently, and it's looking like we might not be done yet. We've got our eyes on a full breakdown; if it hits, we're likely to see a dip towards the lower yellow zone there. That's where we think there's a good chance to sweep up some coin on the cheap before any rebound. We just have to wait for the market to show some weakness. In addition to that, we see those nice selloffs happening and liquidating long-standing position holders.Combined with lower lows, we see a great chance of breakdown to happen! Swallow Team
Short
by SwallowAcademy