Litecoin found support at the base of the $50 handle as anticipated. We saw good support from $50.64, and a subsequent rally just above the next neighboring level at $51.92. We are seeing some resistance at the moment confirmed by red triangles on the KRI, and momentum seems to have slumped for now. We expect current levels to hold at least until the FOMC tomorrow.
Potential elliot impulse wave within this rising channel. For fun, not financial advice.
LTC performed good last cycle. Sadly, not this cycle. However, that doesn't mean that we can still scout decent entries for it in the long-term. When looking at the LTC chart, we can clearly see that it's trading between two key areas (purple). With LTC already being an underperforming token, I'd only get interested once the price is in the bottom support...
Litecoin/USD We expect the correction in wave ((iv)) to end at prices of 68.16 and the beginning of the decline. It targets lower prices, and the decline may continue to the 1.38% level at prices of 33.67 or to the level of 1.618% at prices of 30.13 to end the wave ((v)).
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis. Press the like button if you enjoy this content 😊
Litecoin gave up the $60's, extending as high as $66.94, before crashing back down to support again in the $50's. We broke through several key levels after global markets sold off following red hot US inflation data, which impacted nearly every market including crypto. Litecoin is currently finding support at $55.84, but appears to be hanging on by a thread. If...
THATS VERY EASY SELL :LTCUSDT NOW EXIT : look at the chart
Litecoin is holding its range after testing and rejecting higher levels in the $60's after US inflation data came in unexpectedly hot. We are currently wavering about the $60 mark, with some volatility above and below. We do not seem to even have the strength to test $61.75 the next level above, let alone make a run for $64.37 again. If we fall further then...
So I've been using a few Bolinger + EMA indicators and SSL Hybrid/Non for a while now. No specific one, as there are quite a few versions available from TradingViews list of resources. Today I just happened to decide to see what would happen if I combined these indicators and do some strategy testing and play around with a few settings... well, here's the outcome....
Litecoin is showing two peaks touching the upper trend line and maintaining this channel This is also seen in the earlier state before LTC mooned to 300+ Its just a matter of when
Litecoin showed real promise of regaining the $60's or pressing higher. We spiked up to $66.96, achieving yet another level higher than $64.37, our previous target. However we rejected this level hard, and smashed through $64.37 back to the base of support at $60. Currently we are clinging onto $60 for dear live, with the price at the time of this writing...
Litecoin Intraday - We look to Sell at 64.17 (stop at 65.51) 64.17 has been pivotal. 64.45 has been pivotal. The previous swing high is located at 64.67. Preferred trade is to sell into rallies. Our profit targets will be 61.02 and 60.62 Resistance: 60.00 / 62.50 / 64.00 Support: 58.50 / 57.00 / 56 Please be advised that the information presented on...
Litecoin has edged down from $64.37, our target. We have found support just below $61.75, holding strong in the $60's for now. We are currently seeing a nice pivot back through $61.75, and may be forming value between $60 and $64.37. Watch for LTC to range in the price area.
Litecoin/USD We expect the currency to rise in the near term for the correction to the level of 50% at prices of 73.77, or the correction may extend to the level of 61% at prices of 85.09 before the correction ends.
Since the 40 low made in mid-June, Litecoin has started to rise and made a high at 65. For a month now the coin is trading in a range between that high and a low at 52 and with the lifted pressure from the crypto market this range can be broken to the upside. In my opinion, dips under 60 should be bought in anticipation of an upbreak and continuation of the recent...
Hi Traders LTCUSD (Daily Timeframe) The market is in an uptrend and we are waiting for an entry signal to go LONG above the 65.9 resistance level. Only the downward break of 51.6 would cancel the bullish scenario. Trade details Entry: 65.9 Stop loss: 51.6 Take profit 1: 74.5 Take profit 2: 88.8 Score: 4 Strategy: Bullish breakout
Litecoin caught a strong burst of momentum, which broke through our level at $61.75. This was a strong upper bound for Litecoin for a while, and was providing significant resistance. We saw enough momentum to hit the next target of $64.37. We are seeing a slight retracement after hitting this level, with strong support at $61.75. If things turn south there is...
65 is acting as a resistance for LTC I'll be going limit short