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Litcoin

Aggressive Short squeeze pending; expect 20% gain I have been trading markets for 15 years now. Only thing I am certain of is that markets rise and fall. Regardless of market cycle, investor psychology tends to swing from rising optimism followed by growing pessimism. You might think that is simplistic and unhelpful! It is clear that in recent month over all crypto market has been in a secular down trend. That does not mean patterns of up trend and down trends are not formed within the said cycle where by trends tend to serve as the catalyst for their own reversal. Looking at potential up legs and down legs in crypto market. I see massive potential for temporary exponential gains, one following the other, on the back of broad short squeeze - in most cases automated on the back of psychological points where stop losses have been positioned. As the general sentiment seems to be bearish, one can be certain the continued pessimism will only bread large volume of short positioning among traders. That in my opinion will serve as the cause and catalyst of the short squeeze, perhaps amplified by incoming by orders that could breed an element of euphoria among investors. The higher the markets and breaks short term resistance points the more resistance is built until the short term rally loses steam. The rally, short term by nature, will be deceiving to some - especially to the trader that oblivious the underlying dynamic and mechanics of short selling. I expect this rally to an average of 17-20% subject to variations depending the scale of short positioning in the market. I would certainly buy the rally. Difficult thing is to identify the right exit point.
KRAKEN:XRPUSDLong
by TradingAlpha
3
How I'd safely enter LTCOk, the ltc btc pair chart looks equally as amazing if not better than the usdt pair. (when you zoom out on their charts this is just showing first target and how to enter) LTC should bring some huge gains but I'm currently playing the usdt pair because not a soul trusts btc right now. Let's get stopped out in profit! And if for some spiritual crypto reason bitcoin goes into an early bull market you can keep it as a swing trade and sell out into sats or usdt. whatever gained the most. Currently there's little difference so lets get stopped out in safety. Alright, if ltc gets rejected at the (blue) resistance line I'm buying when it proves support on the (white) downtrend line. This would also make a beautiful inverse head and shoulders. Great way to solidify a bottom. These alt coins like to fly though so if it breaks through the downtrend line and cleanly goes through the (blue) resistance line, I'll buy on pullback. disclaimer: not investment advice DYOR This is USDT pair. That means we're trading bitcoin leveraged through altcoin for usd not btc. I do not care to build satoshis while bitcoin is in a downtrend. (bitcoin looks like poop. please use a stop loss) Target red box. If assuming bitcoin stayed bullish then this would turn into a "moony" chart. This market takes your lunch though so put your stop in profit or immediately take some profit when your trade goes right so then your widened stop can't do damage.
Long
by ChaseWallace
1
LITCOIN a Beautiful opportunity to BUY, what's your Move ^_OHi Everyone, as per our Harmonics they are working really great in Cryptos as well and currently LTCUSD is giving us three major reason to go long may be for short term only as our targets are small (Just to speculate enough) Now, we got - Harmonic Pattern - Bullish Gartley Identified on Daily Chart - Dyanamic Support at 98.84 - Fibonacci Extension 0.786 on Daily swing (High) so as per our technicals it's all Bullish then why not go long? well it's Important to consider that Crypto market is on a bearish run down at the moment and trying to buy any asset is like fighting against the wave. what we recommend is go long on LTCUSD but with enough speculation risk which can be recovered easily Tight risk management that's it!
COINBASE:LTCUSD
by BloomFisher
14
The Future of Litecoin?Today I take a small detour off of my Usual path of BTC analysis to take a look at Litecoin. To make it short and sweet I think Litecoin is in serious trouble, it touched R1 on the yearly pivot (a little over 320usd) , was then rejected and tried to consolidate around the yearly pivot (roughly 200usd) but was eventually rejected there as well. Since these two rejections litecoin formed a double bottom around the 100usd mark and attempted to rally however it was unable to even make it back to the pivot which in my mind shows considerable weakness. LTC has now traveled back down to 117USD and is essentially looking to try and form a triple bottom where it can take another shot at the pivot...this seems unlikely. My prediction is LTC will be unable to form a double bottom and will instead begin the dreaded journey down to the S1 yearly pivot area (around 30usd) where hopefully it can find some solid support. My opinion regarding the downfall of LTC is further backed up by the death cross that has formed in the 100/200 Daily simple moving averages. A death cross like this happened only once before and lead to a approximate 88 percent decline in the value of litecoin from 8USD to 1USD. Although I do think the death cross will propel us to the S1 range I do not believe we will reach the bottom of the 88 percent decline mark (14USD and some change). I hope you all find this analysis eye opening and useful. As usual, I may be wrong and all crypto markets are highly unpredictable however I just wanted to give everyone that may be invested in litecoin a heads up as to what could be lurking outside your door. I will update this analysis at some point I just do not know when. Please feel free to leave any comments you may have below and as usual Good luck out there and God Bless, Red Boar
BITFINEX:LTCUSDShort
by TEXAGG22
22
Well, let's time to move on a short LTC ...LTC has completely played a bull pattern about which he wrote earlier, now he draws a bearish pattern (acting in turquoise), by the way, I once again notice that the situation is similar to that of bitcoin 1: 1, I'll attach the bitcoin schedule below, and since the bitcoin situation is similar and it is likely that this pattern will confirm that it can be said that the LTC will go to its support line which goes from 2017, which is the strongest You can find a top inside new at www.dabinside.com this platform the first
BITFINEX:LTCUSDShort
by Mrmoney7_7
Litcoin Holders Bears upcoming (ltc price analysis)Hello guys last time I told to buy ltc $ on 110-115$ and that's the only bottom of ltc its started raising after my buy call on that strong support UPDATE: 135$ is resistance for short term players they can sell off there and again rebuy at 115-120$ litecoin is very slow in recovery so there is good chances that it may retrace back to 115$ after hitting 135$ sell of at 135$ rebuy at 115 only for short term traders long traders can hodl till 200% profits
by Shining_Fireking
DIGITAL ALPHA LTC/BTC - Update on LTC/BTC trade!What a day in the market! BTC liquidated a ton of shorts and resulted in a massive pump. How do we capitalize? Here. This is one of our favorite trade pairings. We have double bottomed and this is great value if you are holding BTC right now. Buying LTC around 0.0159 is a good entry. We can expect price to re-enter the bear wedge that has formed. Take care everyone, be safe in those markets! DA Bull - Remember, join our telegram channel at the link below. We have lots in store for you!
Long
by DIGITAL-ALPHA