Long Litecoin The 3 green bars are my buys Sorry for the mess
pre halving rally supported by cup and handle formation
LTC is currently breaking out of a HVF structure. Bitcoin is down 5% after the fed increase rates by 0.25% and $LTC is one of the only green coins today. I took an early entry yesterday currently in at $80.72 with a stop loss and $80. I will move stop loss to $79.45 if the trade develops to first target at $85.73.
Happy Weekend, Prices of the crypto has been bullish since we have got to know about USA BANKING CRISIS making DXY and other currencies vulnerable therefore for shorter term we would be expecting price to continue rising until it reach out area of reversal where we can sell for swing entry.
Litecoin - 24h expiry - We look to Sell at 94.28 (stop at 97.64) Price action has continued to range within a triangle formation. Bespoke resistance is located at 94.50. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Price action has broken from the previous formation. Early...
In hourly time frame chart of LTC USD a bullish flag is formed , a buy trade if highest point of pole breaks
In hourly time frame chart of LTC-USD a bullish flag is formed , a buy trade can be taken if HH level breaks
Rally in the price is mainly due to halving of coin which is likely to happen in August 2023. In the last halving (which happened in August 2019), the price showed the movement of almost 553% from its low of Dec,2018. Currently, the coin is trading at $94.9 with support at $84 and resistance at $103.34. If the daily price candle closes above the resistance,...
Litecoin (LTCUSD) is rebounding on its 3D MA50 (blue trend-line) towards the 3D MA200 (orange trend-line). If it breaks above the Bear Cycle Lower Highs trend-line (dashed line), then it might imitate the October 2020 rally. So far the two sequences are fairly similar, even on MACD terms. A break-out rally similar to Oct 2020 can hit the 0.786 Fibonacci extension...
What is your gameplan as the Litecoin halving event draws nearer? Litecoin has performed well this year, but the upcoming halving event hasn't received significant attention yet. Litecoin is one of the oldest and most well-established cryptocurrencies. Like bitcoin, it uses a proof of work consensus system, is decentralized, and did not have an initial coin...
Looking at the H4 chart, the price is approaching our sell entry area at 90.684, which is an overlap resistance and also aligns with the 61.8% Fibonacci retracement. If the price were to reverse, it could drop down to our take profit at 77.355 which is an overlap support. Stop loss is at 98.689 which is an overlap resistance just beyond the 78.6% Fibonacci...
Litecoin is facing significant challenges. It had formed a rising wedge, a very bearish pattern, and is now breaking down. It experienced a strong price increase from its lows, but after reaching a resistance block, it lost momentum and is now way overbought. A substantial drop is expected and imminent. The 50-day MA is the last major support level for Litecoin...
the third halvening is expected to occur around July-August ! What is the litecoin halvening? -Litecoin halving, also known as Litecoin halvening, is an event that occurs every 840,000 blocks on the Litecoin blockchain. During this event, the block reward that miners receive for verifying transactions on the Litecoin network is reduced by half. This means that...
Litecoin - 16h expiry - We look to Buy at 78.71 (stop at 75.71) Price continues to trade within the triangle formation. Trend line support is located at 78.70. We look to buy dips. Expect trading to remain mixed and volatile. Daily momentum has stalled and our bias is neutral. Our profit targets will be 85.91 and 86.91 Resistance: 82.00 / 83.28 /...
Bitcoin has reached the new levels of $28000 it will affect other coins as well to go up lite coin will also start bull run
LTC BUY Undr 70 *Stalking a dip sometime this week. *(Wednesday) (BANKS CRASHING IS GOOD FOR BITCOIN) BRICKS NEWS Is GOOD For BTC* BTC Could be neutral super power.* Expecting a push into the weekend. ENTRY =Below 70$ Exit1- 80 Exit2-82 SL - 66.50
theCrypster - A symmetrical triangle formed coming off recent(ish) swing lows from the #LITECOIN ATH. We've now been rejected by that upper edge of the triangle, combined with a Sell signal from CTv2 and we've got a good trade here! There will be some resistance at around 10-15% below current price, if we start to head out the top of this I'd be inclined to...