Facts are that LTC has weathered this market for over a decade, staying humble to BTC tantrums. As such it is a good signal in the noise for what is to come for the crypto market in general. We have ATR resting at 90 dollars on the 3D with an eye popping fractal emerging. My prediction based off this is that we shall pump through the fall and winter, only to...
LTCUSDT has broken its rising support and horizontal trendline where bears looks in complete control now.
Stay bearish in the litecoin as long as price remain under 60
Trade your levels accordingly.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure on LTC Litecoin.
LTC/USDT short
Entry Range: $52 - 55
Price Target 1: $42
Price Target 2: $36
Price Target 3: $24
Stop Loss: $63
LTC is moving in a downward channel near liquidity.
Trading volumes show no interest in price growth.
Price has successfully tested the 100MA as resistance (1H TF)
I believe that LTC may continue to decline if it consolidates below the support level.
The price is trying to hold the ascending channel above the 55$ area after a clear rejection from the 64$ level.
How to approach it?
IF the price is going to lose the support and retest it as new resistance the price could rest the weekly support again
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure ->...
N.B. My strategy is based on huge explosive profit or very little profit so without breakeven stop loss at the right time we will lose in very little profit so follow me if you want to know breakeven stop loss
Trading proposals post based on price action,
technical analysis, major intraday supports
and resistances, rejections, breakouts, chart
patterns and other...
Trading Setup:
A Trading Signal is seen in the LTCUSDT Litecoin .
Traders can open their Sell Trades NOW
⬇️Sell now or sell on 55.55
⭕️SL @ 58.00
🔵TP1 @ 49.50
🔵TP2 @ 46.40
🔵TP3 @ 41.50
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI , Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please...
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
To learn more about this project, check out our deep dive of Litecoin.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap,...
----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price...
hello back guys!
we back again with new ideas
here LTC/USDT I thing we will go short cuz we break CHANNEL down
we have
tp1 IS 1.61% FIBO Retracement
tp2 as targets
and stop lose is mental in 1R
I don't Use stop lose if price go and touché 3R line I will move Tps In entry price and with from price come back and close with 0 lose
if price go more than 6 month and...
Hey, traders
First pair that we will be looking for upcoming week will be LTC/USDT. As we can see on 4hr chart there has been forming a nice triangle formation where price has reached the lower line of that pattern. In logical way we see that there was a bounce and we should move towards upper zone BUT due to the state of current market this might be a fakeout...
