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...
Four days Litecoin printed really strong bearish candles. The green candle 30-June was even stronger. Strong up, strong down. Today we are seeing the first green candle after this retrace started. Can Litecoin resume growing now or will it continue lower? Let's see what the chart has to say. I looked at the volume using other pairs. While the volume 30-June...
On the H1 we can see the last arch / scallop details and add the EW points for this push & consolidation. We are bouncing from the upper TL of the triangle for support, which coincides now with the 21D EMA (red). On the right, we have an IHS in the bottom pattern with tgt of around 99-100. A new set of dashed ORG TL's have been added to track the descending...
On the D1 we can clearly see the triangle that has made the handle for the CNH with an uptrend (yellow) and a breakout and retest of the upper trend line (TL).
Im going to go over pattern analysis of LTC from High Time Frame W1 to Low Time Frame H1. On the W1, we have a bullish harmonic with targets at 249 and 305. It leads into a Cup N Handle with tgt at 143. A double Bottom and diamond was made around $50.
-I can see this coin going to $32 fairly quick if this were to be the end of W4 and the start of W5. If price were to go through the (blue resistance line) then we will adjust the chart. Rejection has already happened at this line so we should expect downside coming. This downtrending channel has been going on since 2021 and is more than likely going into 2024....
Traders, Doubling down on my Litecoin position. Touch my 96.42 level which intersects the top of the triangle for a perfect area of confluence and excellent support! Target $131. SL is my first entry price, $91. Best of luck all! Stew
Hy, just to share my toughts on LTC. Please coment on idea and press like button. Regards