Ltc trade idea updateLtc filled exactly as per previous trade idea and running in 7% profit. Now again I am watcing little bit down move then real move towards our main target.
LTCUSDT.P trade ideas
Best Risk/Reward ratio of MayThis is my third and final attempt at a Litecoin pump, this coin seems to be ready for a huge green redacted candle.
I'm buying with low size and will increase as it begins moving favorably. This trade should last around 3 months.
P.S yes, i'm serious with that tight stop-loss.
LFG
LTC generational bottomLTC is one of the OG coins which has been going sideways for almost 6.5 years. It has formed a double bottom and recently broke a trend line dating back from 2021. LTC is retesting the trend line and will most likely bounce back up. I'm buying more LTC.
LTC is duplicating BTC's pre surge DNA based on MONTHLY metrics.FOCUS ON LTC.
A theoretical and technical analysis of these two major coins price movements.
LTC's recent monthly price metrics is reminiscent of BTC's September 2023 movements before it shot up from 20k to 40k. As we speak, it is following the DNA of that certain movement. We are now at the critical heat point for that X2 surge.
BTC post surge price touched 38.2 fib trend levels with precision at 40k from its 20k++ base range. A similar scenario for LTC will likely play out. A 38.2 fib trend level would mean a 150 price valuation after a break in structure. We are now at that crosspoint.
Spotted at 70.0
Conclusion: If you're late with the BTC bull party, LTC will now be your ultimate friend.
TAYOR.
Safeguard funds always
Litecoin (LTC): Price Got Rejected !!!Litecoin has touched again that upper resistance zone and got rejected from there, where the price is now back trading below that resistance.
We are looking for a potential touch to EMAs here and a possible breakdown from it as well, overall, a downward movement from the current zone, so let's see!
Swallow Team
#LTC/USDT is testing the Diagonal Trendline in 1-Hour TF!#LTC/USDT is testing the Diagonal Trendline in 1-Hour TF!
CRYPTOCAP:LTC needs to bounce from here. Wait for a bounce to long it. In case of breakdown and retest, we can short it.
LTC IDEALtc has done C H o C H previous days and turned bullish now. That's why I am looking for long oppertunity and i have found it through one of my favorite setup OB+FVG+SSL. Chart says everything.
LTC: big reward📊 Analysis by AhmadArz:
1. Support and Resistance Levels:**
- Support:** Around $82.80.
- Resistance:** Approximately $88.00 and $96.82.
- 📉🛑
2. Trend Channels:**
- Currently, the price is moving within a horizontal range and appears to be awaiting a breakout.
- 📈📊
3. Trading Strategy:**
- Buy Zone:** Enter buy positions if the price breaks and surpasses the $84.15 level.
- Target Price (TP):**
- TP-1:** $96.82
- 💹💰
-Stop loss: 82.80
⛔
4. Overall Trend:**
- The current trend is in consolidation. If the price can break the $88.00 resistance level, it is likely to move towards the higher target price.
- 🚀📈
In summary, consider entering buy trades if the price breaks the $88.00 resistance level and aim for the target price of $96.82.
🔗 "Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
LTCUSDT-Will Hit 103$ #LTC/USDT has recently experienced a trendline breakout and is currently positioned at a major support level. These factors indicate a strong bullish potential, with an expected price increase of approximately 30% in the coming days.
The price has broken above a significant descending trendline, indicating a shift from a downtrend to an uptrend. This breakout is a strong technical signal that buyers are gaining control and the market sentiment is turning bullish. Additionally, LTC/USDT is currently resting on a major support level, which historically acts as a price floor where buying interest typically increases. The presence of this support level adds confidence to the bullish outlook, as it suggests limited downside risk and a solid base for further upward movement.
The broader cryptocurrency market sentiment can significantly influence the price movement of LTC. Positive trends in the overall market can enhance the bullish outlook for LTC/USDT. Fundamental factors specific to Litecoin (LTC), such as technological upgrades, increased adoption, and positive news or partnerships, can act as catalysts for the anticipated price increase.
Implementing stop-loss orders below the major support level can protect against potential downside risks. A stop-loss level might be set at 5-10% below the support level to account for market volatility. Ensure that the position size is consistent with your overall risk management strategy. Avoid over-leveraging to manage exposure effectively. Proper position sizing helps mitigate the impact of potential losses on your overall portfolio. Establish take-profit orders at intervals that align with the anticipated 30% price increase. Consider scaling out of the position incrementally to lock in profits and reduce the risk of market reversals.
The recent trendline breakout and the positioning at a major support level in the daily timeframe for LTC/USDT suggest a bullish outlook with the potential for a 30% price increase in the coming days. This expectation is supported by strong technical signals and market dynamics. However, it is essential to remain adaptable to changing market conditions and employ robust risk management practices to safeguard investments.
Note: Cryptocurrency trading involves significant risks. Conduct thorough research and consider consulting with a financial advisor before making any trading decisions.
LTCUSD Litecoin a Short selling crab market like BItcoinThe cryptocurrency is moving up again, but it will most likely end up in a "crab market."
The term "crab market" is a state where an asset's price moves sideways without significant upward or downward trends.
So do BTC and Litecoin
Bias for both currencies bearish
Rising proces and ralley will be traps: Rising prices with decreasing volumes that will be caused by scalpers, or posers...This short term rallies should be used a higher potentiall of short selling.Falling prices with higher bearish volumes...The bullish moves will be difficult and very slow.
Strategy Short selling
I have marked the stops,and two trading strategy types: Lower Risk and higher Potential but you will need alot of patience to reach your entry.
Type 2 Higher pullback risk, but also higher Profit potential.
Also I have mared the entries, stops and profit targets that could be reached potentially
Litecoin (LTC): Rejected From 200EMALitecoin is another one on our radar, for the same reason Polkadot was.
200EMA is being tested yet again, and we are seeing high chances of rejection happening from here!
If all plays well, we should see the movement in the next 48 hours, so we are waiting for further confirmation here!
Swallow Team
LITECON UPDATE - SHORT SETUP
now that daily bullish engulfing is what I have been expecting if this was going to be a wave 4-green Triangle. We now have a new invalidation level ($84.18) which presents us with a better risk reward ratio than before (3RR).
PREVIOUS ANALYSIS
OTHER ANALYSIS
Litecoin shortLitecoin bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 80 is expected to happen.
LTC/USDTThe Bearish Bat pattern is a specific type of harmonic pattern observed in financial markets, particularly in technical analysis trading. It is considered a variation of the Gartley pattern and is formed by a convergence of specific Fibonacci levels. This pattern is named "bat" due to its resemblance to a bat's wings.
Here are the key characteristics of the Bearish Bat pattern:
1. **Initial Move (X to A)**: The pattern starts with a significant price move, labeled as X to A. This move can be either upward or downward.
2. **First Retracement (A to B)**: After the initial move, there is a retracement, labeled as A to B. This retracement usually reaches the 0.382 or 0.50 Fibonacci retracement level of the XA leg.
3. **Second Move (B to C)**: Following the retracement, the price resumes its move in the direction of the initial move, labeled as B to C. This leg typically extends to the 0.886 Fibonacci retracement level of the XA leg.
4. **Final Retracement (C to D)**: After the completion of the BC leg, there is another retracement, labeled as C to D. This retracement typically reaches the 0.382 Fibonacci retracement level of the BC leg.
5. **Completion Point (D)**: The Bearish Bat pattern completes at point D, where the final retracement (C to D) terminates. Point D typically forms at the 0.886 Fibonacci retracement level of the XA leg.
Traders who recognize the Bearish Bat pattern may consider it a potential selling opportunity. They might look for additional confirmation signals, such as bearish candlestick patterns or bearish divergence in momentum indicators, before entering short positions. As with any trading strategy, risk management and proper position sizing are essential when trading harmonic patterns like the Bearish Bat.
LTC PriceThe Litecoin (LTC) triggered a breakdown and breached its critical 200 day EMA support zone in the last session.
LTC continues to lose bullish steamLTC continues to lose bullish steam
The price was brokeout by a complex pattern and currently confirmed a bearish wave.
It may be temporary, but it may also move further down to the second target.
We have seen several times that LTC suffers from the bullish volume problem.
On the other hand also BTC is not clear and it can push all the crypto market down
in this way.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Ltcusdt in potential Ascending setupPrice has been forming a series of higher highs and higher lows and this is positive sign and indicates increased demand and confidence among buyers.
Therefore, LTC is very bullish. All attention should be on this immediate support level
LTC WEEKLY BULLISH CHARTLitecoin chart shows a break could lead to a 140% pump in the coming months, this is a risk you play with spot buying or low leverage.
Litecoin (LTC): Keep an Eye on 200EMA!!!!Litecoin is back, and this time in the daily timeframe.
Here, our attention is all on that 200EMA, while multiple times it has been a zone of bounce for the coin.
Pressure is high and demand is high in that zone, so we are looking for any potential candles to secure this zone fully in order to see a full-scale movement to lower zones here!
Swallow Team
LTC (LITECOIN) UPDATE - SHORT TERM TRADE SETUP
This is BINANCE:LTCUSDT update following through on our daily timeframe analysis. It looks as though we are about to end an impulse (context on daily timeframe chart - see below).
Wave 1, 2, 3-green is done. Wave 4 has begun, already created it first wave A, B & C where wave C retraces and has been rejection at the 60% Fibonacci level of wave A which looks like a perfect order block or some other fancy names other analyst call it :).
Now we wait for wave D & E to complete. Meanwhile we could see a push out of the channel close to previous swing high (wave A-blue) at $88 to which would still end up being a Triangle but that scenario is very less likely. Either way the invalidation (red dotted line) is clearly on the chart ($92.97)
More confluence, classically, is the DESCENDING PARALLEL CHANNEL where price has rejected few times (circles) from here on I expect price to start dumping to create some kind of short term temporary support which becomes a sell side liquidity to be taken later. I mean come to think of it, it's weekend so that little usual dump is expected too.
PREVIOUS ANALYSIS
OTHER ANALYSIS
LITECOIN UPDATE
Contrary to the previous setup, I have seen a scenario where the invalidation level could become a stop hunt, so what to do is simple; either cut position in half to reduce risk or hedge it with a spot or just close the entire position right now at a minimal loss. BINANCE:LTCUSDT
PREVIOUS ANALYSIS
OTHER ANALYSIS
