Over the last couple of days, LTC has generally been trading downwards. The markets need some time to digest the massive move from $60 > $83.5, so it was expected.
As of earlier this morning, LTC has successfully broken out of the bull-flag pattern. Targets placed in blue at recent tops.
Ideally, this is the start of another >30% move. With some luck, we might...
LTC 1D support is at ~$58
Enter 50% at the current price
and try to set some BUY orders near the support zone
If LTC stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
Breakout trade I'm looking at. as you can see $ltc broke out of a long term range on weekly timeframe and eventually we got a nice retest with a defending triangle, so if we brake the descending trend line the expansion begins IMO.
All though it depends on how strong btc holds.
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I'm already positioned at much lower prices but today i see a potential entry to a day trade setup on LTC so in a different account i will be Longing Here and Targeting $103 as we are in a wedge, cracking into a weekly S/R zone, and the next resiatnce above would be $84.2 then straight to $103
LTC has recorded a gain of over 30% in the last 24 hours. Its price, which had taken an upward trend in the 4-hour time frame, did not react to its daily time resistance in the range of 70-75 dollars. Also, with buyers' support, LTC could return to the level of $75 after six months. This could be a sign of an uptrend in the daily time frame. But note that in the...
drop a boost and follow for more 💙 congrats to LTC longs, I have not seen a chart this nice in a while!
watching for continuation to 93-140 in short/medium term, short term dip is possible before more rip.
only thing that concerns me is RSI at extreme resistance, this is why I wont be surprised if consolidation or more dip happens before next leg up here. 💙
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider...
Hello everyone, let's look at the LTC to USDT chart on a one-day interval. As you can see, the price is moving within the uptrend channel which we have marked with the yellow lines.
Let's start with the support line and as you can see the first support in the coming days is $73.93, if the support is broken then the next support is $70.87, $67.94 and $63.60.
Now...
LTCUSDT coin feels quite confident after a strong shake-up on the cryptocurrency market.
Over the last 24 hours bitcoin has redeemed growth by 2.6%, followed by the activity of the whole market.
(Chart 1. LTC daily timeframe. technical analysis)
On the daily chart we see the SMA narrowing into a narrow range. The price is still supported by the daily MA50...
LTC(Litecoin) - A Long-Term Perspective
After LTC was moving like all the other cryptocurrencies in
a corrective way finally we saw LTC explode.
The price began the development of the megaphone pattern
since the mid of August and finally, the price is above the pattern.
This is increasing the chances that we can see the price increase
further in the long...
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T he megaphone and cup pattern's development began with the price.
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