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this is my idea for BINANCE:LTCUSDT .
Post your idea/analysis below for discussion.
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Litecoin has met resistance at upper levels in the $100 handle. A series of red triangles at $191 and $195 suggest that these upper levels were too much for LTC to sustain, and we have retraced back to value in the $180's. Currently, we appear to be flirting with support at $184, as confirmed by a series of green triangles at this level. This is a very narrow...
Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term...
Perfection through simplicity.
1) Invert chart
2) Log scale
3) Connect ATL trend line
4) Start cloning that trend line consecutively
5) clone the new line
6) repeat step 4 and 5
7) don't change the zoom or else distance of clone will also shift
Litecoin has drifted up to test the upper bound of its range at $191. In fact, we were able to punch through this briefly and test the exact levels we mentioned before at $191 and $195. However we met swift resistance here, as confirmed by two red triangles on the KRI. There is a definite preference for the upper bound of the range, however, and currently we...
Just a quick idea, pure speculation but we can notice several touches on the green rounded line... so maybe this could lead LTC to the 270's zone in the coming weeks
Mainly correlated to BTC as well
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LTC Bullish setup.
Market in the consolidation area, need more patience before you enter the market.
Waiting for breakout or retest entry the market.
Green Arrow is where the Potential buying position.
The best accumulation area for longs is 161, 171, 188.
SL is 158.
Good luck Trader.