Ltc chart explained here. Liquidity has been formed below previous low where is FVG.I am watching to tap this area then huge pump. What are your thoughts?
📉Hi Traders, Investors and Speculators of Charts📈
Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan,...
Litecoin has had a nice meltdown from the last top zones, where we had a good breakdown of the neckline zone, and now we are re-testing it.
We are looking here for a weakness to kick in near the re-test and a potential further movement to lower zones. If all plays out nicely, we should see a movement towards 200 EMA.
Swallow Team
Litecoin is currently perceived as being in a full buying zone, indicating that the market conditions suggest it's a favorable time to consider buying LTC. This assessment might be based on various factors such as technical analysis, fundamental analysis, or a combination of both. Traders often look for specific price levels, patterns, or indicators to determine...
Below is the price movement scenario for LTC.
Analyzing the asset's dynamics since mid-2022, we can observe a clear upward trend, indicating investor confidence and potential growth prospects. However, despite this, the asset is still significantly below its all-time highs, providing an opportunity for entry into positions.
Looking at the trading volume profile,...
Hello Trader BINANCE:LTCUSDT.P
SEE there is a double top pattern for the 15-minute chart, for scalping it can be used for now.
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Disclamer: Not Financial Advice
#LTC
The price has been moving in a descending triangle since the beginning of 2022
We are about to break that downward channel
And also the moving average broke 100 upwards
Current price 70.77
First goal 88.14
The second goal is 113.45
#LTC/USDT breaks the Diagonal Trendline in 4-Hour TF!
Waiting for confirmation to short $LTC. I am expecting a little bounce from bullish OB $92.55 so it may retest the trendline. I will wait for a retest for a short position.
The next support level is PWL $87.85.
Hello everyone, let's look at the LTC to USDT chart taking into account the 8H time frame. As we can see, the price is moving above the local upward trend line.
Going further, you can see the price fighting in a strong resistance zone from $102.33 to $115.12, when we break out of this zone, we can see an increase to the resistance level of $131.40.
Looking the...
Hi all. Timeframe 1 week. LTC is fluttering in the accumulation channel near key support. There is a pressure applied to the resistance of the triangle. A decline to the 52.39 zone is unlikely, so I am considering recruiting to the spot from the current ones. Also long/futures during channel breakdown/retest. Marked goals and levels on the chart.
#LTC/USDT #Analysis
Description
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+ The LTC price has decisively broken out from the resistance line and is now heading towards the next resistance level.
+ In the previous bull run, we observed a similar pattern that resulted in substantial profits for traders.
+ I anticipate a comparable pattern...
