Hey, guys ✌️
LTC coin seems to be on the edge of breaking from those support zones (where currently the price is sitting at). RSI seems to be on the edge to go to oversold zone for some time now and we see it to happen soon here. Waiting for that entry to be reached here and then we good to go!!
If you like ideas provided by our team you can show us your support...
As you mentioned, the price of LTCUSDT had a rejection from the supply area, which can be a significant level of resistance.
The Head and Shoulders pattern is a technical analysis pattern that can indicate a potential trend reversal. This pattern typically consists of three peaks with the middle peak being the highest (the head), and the two outer peaks being...
Past Performance of Litecoin
Litecoin is down roughly 40% from February highs, looking at the arrangement in the daily chart. The trend is established, and the path of least resistance is southwards. Bears have been resilient, following losses below $90 in early March, aggressively dumping on every pullback.
#Litecoin Technical Analysis
The immediate trend is...
Hi traders
I like orders against the trend they take less time
At that time I compare these levels with the mfi indicator
Please give your comments
Is it the same as the levels you found?
LTCUSD has formed an AB=CD bearish pattern on its Daily chart.
The price is trading below the EL: 96.83.
ST:102.53
Target1:
38% AD: 81.53
50% AD: 75.06
Target2:
62% AD: 68.59
79% AD: 59.40
Locally, the coin is under a downtrend (red descending line). In case of breakdown of this line, we will see a hike to the level of $88.
$88-93 are key resistances. Pay attention to what volumes are concentrated at these levels.
I highlighted the supports with orange lines. We will observe the reaction at these levels. I will go long from these levels with a...
I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel from which the price came down.
Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $83, where the price is currently located, the second support is at $77,...
- Lower Low and ema21 < ema50.
- Reject rule at the range of "ema21 - ema50"
- Opens to a sell when Lower Low again and price retests to the range of "ema21 - ema50".
Practice good risk management!
Anything can happen.
In order to make money, it is not necessary to know what will happen in the next moment in time.
For any given set of variables that define competitive advantage, there is a random distribution of failures and successes.
Competitive advantage is nothing more than an expression of a higher probability of the...
The RSI chart is moving in the bearish zone (4H, 1H and 30m TFs)
The trend continues to maintain a downward structure.
The asset will continue to decline after a resistance retest.
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The key is whether the price can sustain the price by rising above the HA-High indicator on the 1W chart.
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(LTCUSDT 1D chart)
You need to make sure you...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON LTC,
As we can see price is still overall bullish trading inside this channel making clean higher highs and higher lows
However, price is still around a resistance zone, where we will be looking for bearish...
Hello traders, we would like to check the chart of LTCUSDT in 4 hours time frame. The price is moving in an ascending channel and has made a correction towards the bottom of the channel as well as the key level identified around 85.00 price and has quickly returned. We expect this level to maintain the uptrend and the price will rise again to around 101.00. Good luck.
Hi guys, last publish posted talked about of a harmonic crab for LTC, now, i was making this second analisys that is possible only if BTC dips strong (for me, actual correctión should be find floor in 37 - 41k usd area), points in this pattern are very good for me.
Idea: the price fell to the lower border of the channel and bounced up. The lower border of the channel is a key support level. Breakdown of this level will bring the price down to 200 EMA
The pair is ready for a big sell to the $55 zone. The daily close candle will confirm the best place for the entry, obviously a good close will of the daily candle will be below that support and then a successful retest. Wait for confirmation.
NB: Not a financial advice
![LTCUSDT.P: [2023-03-07] [BYBIT:LTCUSDT] [LONG]](https://s3.tradingview.com/w/WP7gTm5P_mid.png "[2023-03-07] [BYBIT:LTCUSDT] [LONG]")
