lite coin usdetc use prediction we might rally up to price of 90$ or drown to 60$ keeping it simpleby Code-breadUpdated 4
LTCUSD '2D' - Short now or wait a day or two?Litecoin is looking like it's currently floating above the ranging market where it's ultimately going to end up. The question is when.. Do we place a short trade now with our Crypto Tipster v2 signal or do we wait a couple of days when the price (might) hit the top edge of the descending triangle? The choice ultimately is up to you, either way you're going to be looking at a good 10-20% short over a week or two.Shortby theCrypster226
Litecoin-Crypto Technical Analysis if Bitcoin resets to 5k.If Bitcoin is resetting its overall trend and goes to sub or around 5000usd, i was checking what would happen to altcoins? Ultimately Bitcoin rules the overall criptocurrency not compulsory though, i took Litecoin as good example since it is one of the oldest blockchain and its chart pattern looks quiet simple and good. This doesn't mean all the altcoins perform same way, but may be few altcoins outperform Bitcoin. This Analysis is only based on "If Bitcoin resets its trend to 5k". (Based on this scenario Litecoin may go to or around 180usd and back to sub or around 5 dollars where its maximum volume exists. according to double top pattern the length of breakout to top and the same length to bottom, as in the rectangle box.) Or There is a possibility that if Litecoin maintains that blue parallel channel it may also go in the upward direction (green arrow line in the Double Top pattern example). by nmchary1
LTCUSD (1H) - Bearish breakoutHi Traders LTCUSD (1H Timeframe) The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 62.70 support level. Only the upward break of 65.98 would cancel the bearish scenario. Trade details Entry: 62.70 Stop loss: 65.98 Take profit 1: 60.62 Take profit 2: 57.31 Score: 9 Strategy: Bearish breakout Shortby Avramis0
LTCUSDTIt will complete the decline of the shaded area and complete the C wave, and thus it will be the completion of the three historical corrective wavesShortby KhaldHegazy4
Litecoin In Wyckoff Distribution PatternThe current chart running back several years has clear signs of a large Wyckoff distribution process. Anticipating an upcoming large upward move into the next halving before a complete collapse.Longby Tropicana50885
Litecoin in Redistribution?As this is something we've discussed live extensively during streams, I wanted to take a moment to outline a "live" setup for Wyckoff Redistribution. In this instance, the target is Litecoin ($LTC). First let's discuss what Wyckoff Redistribution actually is, starting with a link to the pattern itself . Wyckoff Redistribution is a way to truly make sense of what's happening with particular assets. As many already know, trading is hard! What makes it especially hard is the trickiness that happens so tricky. Many times our emotions will tell us to "buy" or that things "FEEL bullish" right before a big selloff. Viewing things in the context of Wyckoff helps us strip away the constant smoke & mirrors & determine what's truly going on. Here are the key steps & triggers as I see them (Note: ORDER MATTERS): 1) Identify a sustained downtrend (usually -30% or greater) 2) Identify a period of time where price appears to go sideways on the macro time frame (daily candles, with downtrend and sideways each lasting months) 3) Identify the formation of key horizontal(s) where price keeps selling off consistently (short stops & long triggers are being built here). * This is often the trade range highs. 4) Identify a LACK of lows being run. * Running the lows is a BULLISH indicator, whereas NOT running lows is BEARISH. Redistribution is BEARISH. 5) After sustained consolidation, watch for the before mentioned horizontals to be BROKEN. * This is what gets shorts to close and longs to pile on, as a trick. 6) After the breakout, watch for price to close BACK under the key horizontal identified previously. * Breaking back into the range, rather than consolidating at the highs, is a key difference between the UTAD of Wyckoff Redistribution & the "SOS" consolidation of Wyckoff Acummulation. 7) At this point, your sell/short entries trigger & the anticipated price drop is from the failed breakout horizontal down to the range lows. * The stops here would be back above the range highs 8) After this move, the market often rallies off the lows in some bearish form (dead cat, Rising Wedge, H&S, etc) where it then falls below the range lows as it heads downward toward its next target. This concludes the lesson on trading Wyckoff Redistribution. If you have any questions or suggestions, feel free to reach out to me via socials. GLShortby Crypt0Jack449
LTC Bearish Butterfly BAMM Targeting $60LTC has tried to hold this zone up here but it looks like the macro will drag it back down for now. I think it will have a shot at going back up at $65-$60Shortby RizeSenpaiUpdated 4
LTC move down to $52 then upLTC is working on a similar pattern from a previous down cycle and it'll be interesting to see how this plays out. With the end of the year coming up and the fed sticking with a 0.5 increase, I would anticipate continued downward pressure along with some holders looking to sell for tax purposes and get back in the game in early 2023. not trading advice tgby Griffin03185
LTCUSD Potential for a 25% ShortWith a descending triangle closing up on Litecoin, a Short signal produced from Crypto Tipster v2, and a current price trading slightly higher than the nearest support, it's looking likely there could be a potential drop coming for LTCUSD. The nearest support being around 25% lower than the current price this could a great opportunity to grab yourself some easy gains. We'd probably set our stop just above the current downward trend line to ensure minial losses if the price did move against us.Shortby theCrypster2
$LTC looks bottomed checking MC B on bottom you can see divergences will build up if they follow something similar there will be more bottoms for this to play out Longby Ripmangojuul0
Are you ready for Litecoin next huge move?Litecoin $LTC on high alert for shorting opportunity. Expecting bearish alignment of double time frame momentum. Stochastic RSI: Monthly - Bullish Weekly - Overbought/ Bullish Daily - Bullish Fundamentals: The probability of a 50bps rate hike on December 14 is currently 75%. Limited upward movement expected. Noteworthy: The trend is your friend; Identify the trend, ride the trend; Once you get risk free, ride the trend until it end and reaches its bend. No one ever went broke taking profits whenever the crypto market trend (direction and time) is in your favor. Do not forget the historical wise saying, "Never invest more than you can afford to lose." Not a financial advise, I suggest using this only as a guide - Do your own research. Let us know what you think about this subject in the comments section below. Kindly support this idea with your like and comment, thank you.by cryptoblockmeta1
LTC Perp Currently trading in ranges we saw the rejection from support downside there is a possible bos and will form LL or atleast to touch the 50%(Mid Range). Targets every thing is in the chart.Do accordingly. NFA. DYOR.Shortby CryptoCharts1100
LTC- Long on 4HHi, I've entered LONG on the LTC/USD pair. It looks like a clear cut rejection from support and now were starting to see a breakthrough past the previous high from last week. Target 1 remains at the high from the start of the month with the local high close being $83. From there we target the daily resistance at $94. If we see any sign of rejection before hitting Target 1, the stop loss will be set at $73. Good luck if you join Longby Goodland_UK225
Short in LTCThe price of Litecoin (LTC) has dropped over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the price of LTC is trading at $74.37 after a 3.97% drop in price. This has pushed the altcoin’s negative weekly price performance further down. Currently, LTC is down 10.51% over the last 7 days.Shortby TradersWars0
Litecoin: Potential Wyckoff Distribution RangeHere's a schematic I drew out replete with some volume spread reads which seem to indicate LTC may be fixing to distribute. If we rally above TRR we must take caution to ensure we are not buying into a liquidity grab before the LPSY dump. If you chose to swing this, the lower retracement levels are ideal profit-taking/selling opportunities; for longer-term hodlers they can serve as reliable DCA junctures. Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with exceptionally high win ratios (80-85% average). I've been a fulltime crypto trader/investor since 2017, and I handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Not financial advice. Always DYOR & trade at your own risk.Shortby jalapabloUpdated 5
Litecoin box breakthrough Litecoin has broken out of the box As long as it doesn't fall below $70 He still has the potential to rise Follow me and take you to achieve wealth freedomLongby wsbhua226
LTC Litecoin will pump to 84 USDI bought litecoin here at 67USD, Expecting 84 USD. Long term target would be more than 800 USD Longby gezengelsaftUpdated 667
Litecoin- Ideal place to sell for 1:3 R:RI was bullish on Litecoin since 2 days ago and thought it will rise to the 95-100 zone. However, the coin started to look tired and I closed my trade just above 80. In my opinion, crypto bulls are not out of the woods and a new wave of strong selling could follow in the near future, so I'm preparing for this scenario. In Litecoin's case, looking at the chart, we can see that the resistance above 90 is very strong, and in that place, I will look for short opportunities. Considering a new visit of 50 support such a trade would have a 1:3 risk: reward Shortby Mihai_Iacob151525
LITECOIN is moving, everyone should be happy!Everytime Litecoin outperforms Bitcoin (shown by the orange line), a new Bull Cycle starts. This has been historically holding since 2015. We can claim that an LTCUSD channel up is an early buy signal for BTCUSD. And right now LTC is in a similar rising channel as in January-June 2015 and January-June 2019! Bitcoin is most likely in an accumulation period ready to start a big rally. Please like, follow and comment!!Longby TradingBrokersView118
LTCUSD Is a Good Bet Right NowI saw this in a prior analysis but thought I would elaborate a bit. The horizontal in 2017 was a period of low volatility, extremely low. But it was a great place to buy. Price pumped to about $300. The horizontal seen today shows low volatility again, on a grander scale. Can the pump points be compared? As digital currency enters the mainstream Litecoin will win in this setting. by Bixley7
LTCUSD - MA Convergence MA Convergence and subsequent trend reversal These crosses are referred to as golden crosses Daily chart Further charts for LTC below by Bixley0