The Bearish Bat pattern is a specific type of harmonic pattern observed in financial markets, particularly in technical analysis trading. It is considered a variation of the Gartley pattern and is formed by a convergence of specific Fibonacci levels. This pattern is named "bat" due to its resemblance to a bat's wings. Here are the key characteristics of the...
The Litecoin (LTC) triggered a breakdown and breached its critical 200 day EMA support zone in the last session.
LTC continues to lose bullish steam The price was brokeout by a complex pattern and currently confirmed a bearish wave. It may be temporary, but it may also move further down to the second target. We have seen several times that LTC suffers from the bullish volume problem. On the other hand also BTC is not clear and it can push all the crypto market down in...
This is my third and final attempt at a Litecoin pump, this coin seems to be ready for a huge green redacted candle. I'm buying with low size and will increase as it begins moving favorably. This trade should last around 3 months. P.S yes, i'm serious with that tight stop-loss. LFG
Price has been forming a series of higher highs and higher lows and this is positive sign and indicates increased demand and confidence among buyers. Therefore, LTC is very bullish. All attention should be on this immediate support level
now that daily bullish engulfing is what I have been expecting if this was going to be a wave 4-green Triangle. We now have a new invalidation level ($84.18) which presents us with a better risk reward ratio than before (3RR). PREVIOUS ANALYSIS OTHER ANALYSIS
LTC will soon break out of the strong accumulation zone and start to rise in price
Litecoin chart shows a break could lead to a 140% pump in the coming months, this is a risk you play with spot buying or low leverage.
Litecoin is back, and this time in the daily timeframe. Here, our attention is all on that 200EMA, while multiple times it has been a zone of bounce for the coin. Pressure is high and demand is high in that zone, so we are looking for any potential candles to secure this zone fully in order to see a full-scale movement to lower zones here! Swallow Team
This is BINANCE:LTCUSDT update following through on our daily timeframe analysis. It looks as though we are about to end an impulse (context on daily timeframe chart - see below). Wave 1, 2, 3-green is done. Wave 4 has begun, already created it first wave A, B & C where wave C retraces and has been rejection at the 60% Fibonacci level of wave A which looks...
Contrary to the previous setup, I have seen a scenario where the invalidation level could become a stop hunt, so what to do is simple; either cut position in half to reduce risk or hedge it with a spot or just close the entire position right now at a minimal loss. BINANCE:LTCUSDT PREVIOUS ANALYSIS OTHER ANALYSIS
👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Long setup in LTCUSDT for scalping and swing trade Please refer to the details Stop loss, FVG(Demand Zone), Supply Zone for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your...
Bullish structure Pullback completed BTC & ETH is bullish too I got long position confirmation
Upon examining the #Litecoin chart on a weekly timeframe, we can see that the price is currently trading around $81.5 and there is still an opportunity for further analysis for long-term investment. The demand zones are respectively from $67 to $72 and $53 to $59, while the supply zones are $93.8, and from $112 to $134. The targets for this cryptocurrency, in...
Is Litecoin putting in a dragon pattern? It could be holding this 80 dollar level and doesnt want to let go. We will see soon enough if it takes off to retest the local high. This is where we know if its bull time or time to sell and wait. TBH i think long term holders will win out here. This market is just shaking ppl out to the upside and down. Leverage is the...
🕵️♂️ Let's delve into the analysis of Litecoin, one of the oldest cryptocurrencies, which has managed to remain in the top 50 coins. We'll analyze it for trading in futures. 📈 In higher time frames, Litecoin remains within its box, similar to some other cryptocurrencies. After breaking the resistance at 109.86, it has the potential to start its upward trend. ⏳...
LITECOIN has form a bullish triangle pattern, opportunity to enter Long Sare ur idea with me, Comment
The Litecoin (LTC) price sustained near the $80 mark and is on the verge to cross the trendline barrier of $85, which might lead to a short term bounce toward $90.