Well, from the chart, it shows that the bullish momentum has dissipated due to the double top formation. Now, we can expect a correction at a very least to 1.618 fib area before continue next movement. However, there is still a possibility for it to go up and test the yellow trend line before going down. Thus, it is best to just wait and find a good entry position
Hello Traders, Litecoin breakout an importante resistance level and than did a pullback with a beartrap above this support. perfect moment to open long position. Please push like button and follow us on tradingview
I look think Litecoin isn't to the moon yet. Long term is bullish but short term can be bearish- Lots of GAPS need to the covered and the institutional investment can cause downtrend volatility. Remember BAKKT; crash the market last year. I think the accumulate crypto before enter the market for get some price manipulation.
Same stuff as per SOP. When you look at volume not only should you look at the high volume spikes but you also want to be aware of a lack of volume. looking to build a position with SM. Targeting fib and S/R areas For Phase "A".
Litecoin facing the 200 sma on daily chart We could see a fast move from here Potential +19% !
Still an uptrend on the daily. AR supply volume looks light, might get a pop through it. Pretty good example here of low and high volume spikes and the resulting price action.
Bullish configuration still possible at this stage on LTC
All i can see is : A = C Daily bearish divergence Clean 5 waves count in C Perfect channel hit.
Hi everyone, now LTC testing previous rejection zone, if we can turn this zone to support we can go long 70$-80$ usd,SL you can put 60$ usd
Uptrend on the daily. Sticking with it. Demand coming in/taking positions. Nearing support. Target criteria as per SOP. Will check back on the test (14 EMA test/set as alert on 15 min). May be a while. out
Values to watch: - 146.28 - 101.06 - 83.59 - 79.81 - 63.83 - 49.91
Watch the volume incoming and fundamentals Please share your thoughts how this will play out i'm still learning :)
FA: LTC Upgrade approaching; if it is successful it could confirm the road to reach newer highs for LItecoin. TA: Broken Previous Resistance Level Strong upward wick supported by bullish sentiment due to upgrade Positive Money Flow shown by the Balance of Power indicator Not a good buy area, the downside is too high If you are already in the trade, keep going If...
If daily closes like this next target is the upper ressitance
While BTC dominance going higher, Ltc also will select as Investement. Chart Targets: 78-79 107-108
LTC/USD quotes are moving above the upper limit of the Cloud of the Ichimoku Kinko Hyo technical indicator. This indicates a bullish trend towards the 74.54 level.
After the previous idea with amazing gain LTCUSDT had a retracement on 0.618 Fibonacci level. Now the price is on weekly resistance IF the price will have a breakout we can see a new nice impulse According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any...