Since March-May 2021, the alts have already been in a bear market with falling prices of 80 - 95 or even more percent.
It seems like we've had the biggest dip in the Others chart and maybe we can look up again from here.
The BTC. D chart shows bearish divergence on the 1H - 2H and 4H and is heavily overbought.
This while BTC is in a weekly Falling Wedge and...
Litecoin bounced from its strongest support of $55 and it`s heading to the $85 resistance, which coincides with the pre-pandemic price.
I think we have a pattern for all cryptos here. They will retrace to the February 2020 level.
Looking forward to read your opinion about it.
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For this particular analysis on LITECOIN we are using the LTCUSDT symbol on the Phemex exchange.
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The idea is on the 1D time-frame where Litecoin (LTCUSD) has been trading within a long-term Channel Down since the May 10 2021 High. On May 12 2022, the price hit the bottom (Lower Lows trend-line) of this Channel Down for the first time since June...
LTC is accumulating around $65-70, buying power is also quite good, so in the near future LTC may start to increase again to $90 and $105. However, if it loses the $65 zone, it will have to retest the $55 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 65$ zone
🔴Buy : 70 - 65
🔴Sell : 80 - 90 - 105
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 65$ zone
🔵Sell...
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as...
Litecoin missed a good opportunity a while ago, as most alts did. That's due to Bitcoin weakness.
Due to MimbleWimble being a long term positive catalyst and since i see increasing chances of an altcoin relief rally i'm going to start my accumulation down right from here.
Looking forward triple digit before re-evaluating.
Long term trade, to be re-evaluated in 6M - 1Y.
Hello Traders I hope you are well and safe. Today am Discuss #LTC/USD For Short. Here is a Full Analysis of #LTC/USD. When price Test Supply Area then the Nice opportunity for short. If you have any queries then leave a comment. Thank you
LTCUSDT printed a nice structure candle on the daily timeframe (blue box). Typically the market tests such candles. However, we can't just take the trade on just that. We have to wait untill the other rules of our strategy are met before we can create a setup of at least 2R. So for now we just have to wait and see if all our checkboxes will be checked.
This is the zone for me to long, easy septup!
based on weekly levels, and fibonacci extensions this level plus the control point would be the one to make a long
The price is creating a descending channel on the daily timeframe after a bounce from the weekly area.
On the 4h timeframe the price is going to create a falling wedge.
So how to approach?
IF the price is going to have a breakout from the resistance and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
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█ What is Litecoin?
One of the most popular altcoins in cryptocurrency is Litecoin. This cryptocurrency emerged in October 2011, as a choice for Bitcoin. By the way, Litecoin is a fork of the Bitcoin Core program, with the intention of improving Bitcoin. Its author Charlie Lee is the ideologue and the best known figure of this plan. Lee left his job at Google to...
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it...
This asset has a very small distance with MA200 weekly , Litecoin is gaining bullish momentum in load zone of the yellow harmonic pattern. Great Risk / Reward is waiting right here ,tight stop loss is risky , so Check for further updates .
After breaking important trendline support, LTC is trading lower.
The next major true support lies around 26.
One may refrain from opening new long positions unless we see the coin trading in a clear uptrend.
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BINANCE
