Litecoin - 24h expiry - We look to Buy at 94.24 (stop at 90.74) The sequence for trading is higher highs and lows. Trend line support is located at 94.20. We look to buy dips. 94.14 has been pivotal. Bespoke support is located at 94.14. Our profit targets will be 103.24 and 105.24 Resistance: 98.00 / 100.50 / 104.00 Support: 95.50 / 94.14 / 91.50 Please...
Guess at the ltc price action into this coming trendline looks like it could be setting up for a small ihs 3bottom type structure before rejoining uptrend ahead of the halving event slight break in obv
Same chart, no change. We can see Litecoin still respecting the rising trendline and producing a bounce on it as well as right above EMA50. This is good but still early. Yesterday's session ended as a bullish candlestick, this can be determined by the green close and the long lower wick. There is plenty of room for additional correction and consolidation while...
Litecoin - 24h expiry - We look to Sell a break of 90.68 (stop at 93.88) Trend line support is located at 93.00. Prices expected to stall near trend line support. A break of the recent low at 90.85 should result in a further move lower. The medium term bias is neutral. There is no clear indication that the downward move is coming to an end. Our profit...
Looking at our daily chart of LTCUSD, we can see that from the beginning of July, the crypto continues to correct lower. The rate is now near the crossroads of two short-term trendlines, a downside one taken from the high of April 18th and an upside one drawn from the low of June 14th. If LTCUSD remains above both of those trendlines, there is a good chance the...
Many traders are bullish on LTC due to the halving. It reminds me a bit of the situation when he was at 100USD and it was just before the crash. I'm not saying it will happen again here, but the risk in this area will be high. I like LTC, I would easily put it 1st of all coins. LTC reliably serves exactly the purpose for which it was created. I just keep getting...
Still looking for buys here on ltcusd. To many confluences to ignore.
LTC have been repeating his history and if it doesnt fail the best days on average to buy it's on may and dump in july... before halving on August. so let's see. !
(Inverted Chart) Fundamentals: This trade idea concerns everyone's favorite altcoin, Litecoin. While Litecoin's historical halving cycles offer valuable insights, it is crucial to consider the evolving market dynamics and potential deviations from the expected patterns. The increasing usage of Litecoin for transactions, as demonstrated by its surpassing of...
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Hi LTC made more corrections for its wave 2 Minor and it seems that this wave 2 is making WXY correction. My recommendation is wait to see completed pattern and also consider thus Red Dynamic Resistance as a trigger. Thanks Bye
After a clear liq sweep and break of recent highs I think we can see higher prices with small risk.
The first LTC bottom took place 224 days before it's first halving, and it pumped ~800%. It topped out around 40 days before the halving, and subsequently dropped around ~75% in the months that followed. The second bottom took place 245 days before it's second halving and it pumped ~600%. Once again, it topped out around 40 days before the halving, and...
Daily Timeframe - Technically, LTC/USD has gradually trended higher since bottoming in mid-June at $40.32 (2022). At the beginning of last week, we also saw the unit refresh YTD highs at $114.98, though we did spend the remainder of the week giving up ground. Friday ended with testing support from $95.13, which, as you can see, attracted moderate dip buying....
Definition. The Change of character in trading represents the trend reversal in the market after a break of Highs/Lows. It is also known as CHoCh in trading. COINBASE:LTCUSD
Litecoin technical analysis One of the noisy currencies of the past days is Litecoin, which grew by nearly 70% in less than 1 month. Litecoin is fluctuating between the price range of $65 and $100 in the daily time frame. Considering the few days left until the halving for this coin, if the ceiling of the trading range is broken, we expect to move up to the...
Litecoin - 24h expiry - We look to Buy at 90.51 (stop at 86.51) Trend line support is located at 90.40. We look to buy dips. Short term bias is bearish. Prices expected to stall near trend line support. Daily signals are bullish. Our profit targets will be 100.51 and 102.51 Resistance: 98.00 / 100.00 / 103.50 Support: 94.14 / 91.50 / 90.00 Please be...