Hi✋🏽 After a bearish divergence on the RSI and the break of the short trigger zone, price is ready to reach the targets. There are many weekly lows in the way, so the road may be a bit bouncy. Trend turns above the long trigger zone. What do you think??? Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ...
Litecoin Intraday - We look to Buy at 50.42 (stop at 49.29) 50.16 has been pivotal. 50.28 has been pivotal. The previous swing low is located at 50.32. We look to buy dips. Our profit targets will be 53.19 and 53.99 Resistance: 52.00 / 53.00 / 54.50 Support: 51.00 / 50.00 / 48 Please be advised that the information presented on TradingView is provided to...
Litecoin (LTC) is a peer-to-peer cryptocurrency that was set up by Charlie Lee (a former Google employee) in 2011. It shares many similarities with bitcoin and is based on bitcoin's original source code. Litecoin was designed to be used for cheaper transactions, and to be more efficient for everyday use.
Litecoin has been able to hold the $50's, but is facing resistance at $51.92, as predicted yesterday. We were able to find support just above $50.64, holding the $50 handle. However, a lack of momentum prevented any follow through past $51.92. If we are able to break through this level then we will surely meet resistance at $55.84 but it is not likely that will...
Litecoin rallied meagerly with the rest of the crypto market. We were able to pivot off $50.64, the very last technical level of the $50 handle, and test $51.92. However, we are currently meeting resistance there, confirmed by red triangles on the KRI. If we are able to break out, there is a wide vacuum zone to the next target of $55.84. The Kovach OBV is...
Creating a LTC ACcumulation run up for the next cycle accounting for possible higher highs to target within the trend line. Just a thought.
Litecoin has equilibrated, tending to the lower bound of the range it has been holding for the past month. This lower bound was breached as CPI data on Thursday rocked the entire crypto market. Incredible volatility was introduced but we were quickly able to reestablish equilibrium. We are currently seeing support at $50.64, which is the final technical level...
Litecoin on the 4 Hour seems to be preparing to reverse trend and target the 54 dollar level at a minimum if we get really lucky it will go all the way to 62 before slowing down again. On a sidenote the RSI is developing a Bullish HnS.
Litecoin tumbled through our support levels at the base of the $50 handle, testing $49, before a swift buy-back clawed back the $50 handle. We broke through our level at $50.64 and are currently testing $51.92. It appears as though we may recover the range it has been holding for the past month, between $51.92 and $55.84. We will need more momentum to come...
Litecoin has slipped from support at $51.92, which has provided support all month. We are currently testing $50.64, which is a level we have mentioned many times here in these reports, and one dedicated readers should remember. This is our expectation for a lower bound, and if this does not hold the next support level is $45.48, deep in the $40 handle. If we...
here are my ltc long trading idea and where im looking for longs
I've been a long-time advocate of Litecoin and I believe the breakout has happened, although many haven't even noticed... Too many people are focused on the negativity and what Bitcoin is doing and have forgotten about the lost silver of crypto!
Litecoin has found support at the lower bound of the range, with $51.92 holding nicely. We should anticipate further support at $50.64 if things turn south, but these two levels have provided consistent support over the past month, so we do not LTC falling much further. If so, there is a vacuum zone to the mid $40's. The level $55.84 should hold as the upper...
Litecoin has slid from the highs of the range, testing support at relative lows. This range has held solid since mid-September, so we anticipate to continue to hold. We have strong support from $51.92 and $50.64. If support holds at these levels, we should see a pivot back to $55.84, where we are sure to see more resistance. However, a sharp selloff could...
RSI has reached its bottom point Price will likely pose a reversal I have a feeling that the reversal we will see will be a lot different to the previous two rallies that I have charted (300%,400%). With a bigger breakout being on the horizon. Linking some relevant ideas below
Possible 20% drop. Just to let everyone know I have started trading 4h/1D time frames from now on. This is not financial advice. Will update after the trade is done.
Litecoin has historically underperformed bitcoin by a country mile. Litecoin even failed to make a higher high back in November 2021. Short to medium term, I expect Litecoin to nosedive off a cliff along with bitcoin and SPX. But zooming out, Litecoin could potentially be trading in a running flat correction that could have Litecoin bottoming out between...