Litecoin (Cryptocurrency)
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 95.51 (stop at 92.51)
Posted a Double Top formation.
There is no clear indication that the upward move is coming to an end.
Daily signals are mildly bullish.
95.69 has been pivotal.
A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 102.51 and 103.51
Resistance: 94.50 / 95.69 / 98.00
Support: 91.00 / 90.00 / 88.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LTCUSD ❕ fixed above the downward channelTrading volumes remain stable.
The RSI chart is moving near neutral values on the main timeframes.
Price has fixed above 50EMA (4H TF)
I believe that the asset will continue to rise after overcoming the resistance level.
ETH Major Upside Incoming? Conditions are RIPE. New HH at Close?*******TO CLARIFY*****The XABCD charted is not in the parameters of an official harmonic.
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ETH is now back testing previous spring and is going to attempt to potentially claim a new HH at close. I expect a push to the upside.
ETH has all the ingredients in the mixing bowl, as the only thing to do now is...... BAKE THE CAKE.
Current Variables- Hidden Bullish Divergence on MACD, Currently in the process of price action follow through IEW the Hidden Bull Div, Momentum is building and the market in general has is ripe for upside.
If held, ETH is going to then test the top of the broadening wedge and attempt to get into the 2000's once again. I think at market close, we will see an attempt of a breakout
if ETH can print another HH before close, ETH can RIPPPP.
LTCUSDT heading for 4h support, long favorable from thereThe price is heading towards 4h support zone. Once the price reaches this zone, a long should be favorable at least to the 92.53 level.
Litecoin being a good market sell?Litecoin - 24h expiry - We look to Sell at 94.18 (stop at 97.18)
94.50 continues to hold back the bulls.
94.52 has been pivotal.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Although buying has been posted overnight, the rally has been limited.
We look for a temporary move higher.
Our profit targets will be 87.18 and 85.79
Resistance: 93.00 / 94.50 / 95.69
Support: 90.00 / 88.50 / 87.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LTC looks to break resistance soonPrice is gathering above the .236.
Retracement reached to the .618 level.
Im looking for a break above this zone with a retest.
NFA
Do you own DD
trendline retest strategyA retest is when price moves away (up) from the trendline and then eventually comes back to it. When it comes back to it, wait for a candlestick to actually touch that trendline.
LTC is going to be bearish soonLTC is going to create an Inverse Cup and handle pattern which means the price will be having a downfall pretty soon. The pattern has not formed completely but when it happens we shall expect a reaction from the resistance level and afterward we shall see a Dump .
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
Trading Idea for LTC (Spot) Swing TradeBINANCE:LTCUSD
LTC (Spot) has been in a bullish uptrend since the beginning of the year, and it recently saw a sharp correction from its all-time high. The price has now retraced to a key support level at $95, presenting a potential buying opportunity for swing traders.
As a swing trader, you will need to have a longer-term outlook for this trade and be willing to hold your position for at least one to three months. Our entry point for this trade will be at $95, with a stop loss placed at $71.70, just below the previous swing low, to limit potential losses. The target price for this trade is at $160, which offers a potential profit of 68%.
With a solid risk to reward ratio of 2.83, this trade is an attractive opportunity for swing traders. It is important to monitor the price action and adjust your position as necessary, but also to avoid being too reactive to short-term price fluctuations. With well-defined entry and exit plans in place, swing traders can take advantage of this potential buying opportunity in the cryptocurrency market.
Overall, this trading idea for LTC (Spot) presents a great opportunity for swing traders to potentially capitalize on the high potential for profit with a longer-term outlook. By closely monitoring price action and sticking to your trading strategy, swing traders can potentially take advantage of this current market condition.
LITECOIN BullishLitecoin creates continious pattern falling wedge
Buyers come into market and support it many times
LTC is Ready to fly
A pullback is expected before start to up
LITECOIN - Time to ShineCould this be one of the last days to see LTC below 100$ ?
The answer is possibly yes. Despite the fact we are still under 90$!!!
Imo LTC is a bargain at the time and will trade this next.
My chart shows structure i can trade on:
88.51 is support
84.56 is even stronger support
I see novalid major resistances until 104.84.
Thus: I am LONG with care, as always SL reasonably below 84.56
One Love,
The FXPROFESSOR
PS. Hopefully we make it to next Years Litecoin Birthday cruise.. and i hope they accept LTC as payment at the bar
#LTCETH - Reaching Critical Point for Busting Out!With a fast-closing wedge from within #LITECOIN against #ETHEREUM we can see a breakout coming within the next couple of weeks - which way is the big question!
With a strong Sell signal coming from Crypto Tipster v2 we're inclined to suggest a downward trend, but we wouldn't be pulling the trigger on this one until that wedge is broken one way or the other!
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
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Litecoin to breakdown?Litecoin - 24h expiry - We look to Sell a break of 84.98 (stop at 88.08)
Broken out of the triangle formation to the downside.
Trading has been mixed and volatile.
Daily momentum has stalled and our bias is now neutral.
A break of the recent low at 85.33 should result in a further move lower.
85.33 has been pivotal.
Our profit targets will be 77.48 and 76.48
Resistance: 90.00 / 93.00 / 94.50
Support: 89.00 / 87.50 / 85.30
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Litecoin Long Term AnalysisLitecoin breaking the moving average in the monthly timeframe indicates a bull market. $130 is seen as the target first, but higher levels can be seen if this is broken.
ArmanShabanTrading |🟢 BTC/USD : All Target Reached ? Well, finally, two months after doing this analysis, Bitcoin managed to hit all its short-term targets, the efficiency of this analysis has been +75% so far ✅, Expect lots of new analysis of other cryptocurrencies soon, we're going to work more on cryptos!
$20,000 Reached ✅
$22,620 Reached ✅✅
$23,500 Reached ✅✅✅
$25,930 Reached ✅✅✅✅
$27,000 Reached ✅✅✅✅✅
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Wait for the NEW update !
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👤 Arman Shaban : @ArmanShabanTrading
📅 03.30.2023
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#Litecoin Remains in a Bullish Frame, LTC May Rally To $120Past Performance of Litecoin
Litecoin remains bullish, looking at the performance in the daily chart. Even though the immediate trend favors sellers, prices are defined by the bull bar of March 23. Buyers have the upper hand from an effort versus result perspective. Still, for uptrend confirmation, LTC must break above $95 and, ideally, $120.
#Litecoin Technical Analysis
From the daily chart, buyers are confident of what lies ahead. There are lower lows relative to the upper BB, signaling fizzling upward momentum. Still, with prices inside the bull bar of March 23, buyers have a chance. This is valid as long as prices are above $85. A break above $95 with rising volumes may see LTC float toward $100 and $120. Conversely, any dip below $85, forcing prices below the anchor bar, might see LTC drop to $75 and later March 2023 lows in a retracement, aligning with bears of the second half of February.
What to Expect from #LTC?
Traders can wait for trend definition above $95. Although there have been higher highs in recent days, prices have been in consolidation. Therefore, any break above $95 might be the beginning of another leg up toward $120, cementing the bulls of March 23.
Resistance level to watch out for: $95
Support level to watch out for: $85
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTCUSD ❕ downward channelLitecoin is moving under the liquidity level, in a downward channel.
50EMA has broken down 200EMA (1H TF)
I expect the asset to decline after holding in the channel.
Litecoin shortLitecoin bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 88 is expected to happen.
