Litecoin still maintain its bullish structureRejecting and respect the bullish trendline indicate bullish momentum. Good risk and reward ratio for this pair for a buy entry.
Litecoinforecast
Litecoin set for a big run!!?Litecoin has been rebounding very nicely recently taking out the 0.2 FIB at 177.55 and the crucial pivot point which we have held for the past few days. This level is very important because it signals a turn around in the market and by holding above here we can expect to see some upside, we don't want to breakdown and fall below so keep an eye on this level. We are currently facing resistance as im writing this and our next significant points of resistance after taking this level out would be the R2 resistance at 218 and then heavy resistance shortly after at 220$ finally the last heavy point of resistance we will talk about today is the 247$ which we always seem to struggle with, if we can successfully take this level out we are looking very very bullish! Now check out the bollinger bands, as you guys can see just today we are starting to grab onto that top band which is always a great sign, if we can continue doing so we will be looking at a big rally riding up the top band taking out key resistance levels on the way! Another thing i should point out is the bollinger bands are beginning to squeeze on price action and the more we see this happen and the tighter they get the bigger explosive move, now the BB doesnt signal which way this move is headed but i would say we are looking at the upside. Now something that looks very positive on the MACD is if you look at the histogram we were in a steady decline going towards the midline but today we have rebounded and actually have created a bigger green bar then yesterday, this could be the start of another bullish rally on the MACD it shows bull momentum is increasing and if we see this continue to play out we are going to see some nice upside follow, aswell the MA's specifically the blue MA is starting to gain more separation on the orange MA, this is always a positive sign because the more we separate the less likely we are to see a near term bearish cross, even if we were to have a couple red days. Seeing the Blue MA head to the upside and the orange continue to be flat and move sideways shows that we for sure could be set on another bullish rally! Not financial advice just my opinion!
Key moment for LTC/USDT soon!Looking at the chart, we can see that Litecoin is due to a breakout...either to the upside, or downside.... Although, by looking at the MACD and RSI, we can conclude it has more chances of going upwards than down due to having positiving momentum and being on a bullish-level on the RSI as of right now.
LTC is ready for 65% growth!Litecoin already broke the descending trend line on a hard support line of 150$!
I wait for a pullback to enter into a long position!
Litecoin- buy trade with GREAT R:RSince 6th September Litecoin is trading in a huge falling wedge
The last 3 lows are marginal, indicating the lack of power from the bears
At this moment LtcUsd is trading exactly in resistance and a break looks imminent
The target for a long trade can be 230 recent high, giving us a R:R of more than 1:4
Litecoin LTCUSDHello Traders,
this is my idea for BINANCE:LTCUSDT .
Post your idea/analysis below for discussion.
Thank you all for your support.
For more accurate setups, stop loss, take profits and mentoring services, FX signals, Crypto, Indices and Stocks PM me.
Litecoin- 260 is my targetLitecoin is trading in a range for some time now.
Like is a lot of cryptos, I expect a rise here also and 260 could be the medium-term target.
Only price under 160 would negate this scenario
LTCUSDT Daily TimeframeSNIPER STRATEGY
It works ALMOST ON ANY CHART but the BEST CHARTS are stocks then other charts.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
IT CAN NOT PREDICT pullbacks or bounce backs of the price, so I strongly warn you:
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING, IT CAN MAKES YOU LIQUID EASILY.
Does it give FALSE SIGNALS?
Like any other strategy out there yes it might give false signals but the actual WIN RATE is really high and pretty impressive and it is obvious that weak signals are more likely to be false but even weak signals have really good win rates.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe above three minutes.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
LTC, Litecoin - price is trying to break local support😯The whole market looks like it is going to go even lower. Litecoin is now near the support level of $170.8.Before that, LTC broke the trend line and tested as resistance. After that, we saw a decline in price. The price has already tested the $170.8 level several times, with each test weakening the level. Now, if the price breaks this level and tests it as resistance, it is very likely to fall to the lower liquidity zone.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Large accumulation rateIf you use a simple technical analysis of the price, you will notice that between the prices 187 and 169 (approximately) a flat channel has formed, which lasts a whole month.
All that is included in the accumulation is the already completed trades of traders and limit orders, which, sooner or later, will break the price in one direction, outside the channel.
As I showed on the price chart, the best solution is to wait for a test of one of the accumulation levels and start opening positions.
LITECOIN- How our Levels worked During today's 'Storm'Massive dip today, probably well orchestrated too with billions of dollars lost in liquidations.
Let's take a step back and see how our levels works.
Look at our previous ideas below for comparison.
No love today,
the FXPROFESSOR
Litecoin looking for a breakout against BTC!Litecoin has been really struggling as of late with us continuing to push down following this descending channel, one positive we have seen is that we have broken up into the upper half of the channel, but we still can't seem to breakout! We could be looking at a breakout sooner than later, looking at the bollinger bands we seem to be also stuck underneath the midline which as of right now acts as resistance, if we are going to move anywhere to the upside we need to see a strong push above this level and sort of target that top band so we can take it for a ride upwards. The MACD looks to be coming to an end of this current bearish cycle we see the blue MA pushing upwards looking for that bullish cross, i figure we will see this in the next couple days but we have to watch for a healthy histogram and healthy separation in the MA's! The Wavetrend aswell seems to be coming out of its little bearish cycle, we are seeing the wave starting to push back up, but we definitely still have some work to do like making sure we can fully cross that midline without any hold ups! Overall looking pretty good for LTC which tends to lag behind the rest of the market, looking for a breakout in the coming days/weeks! Not financial advice just my opinion!
LITECOIN short term update... Folks,
When looking at the short term chart of Litecoin we see a major resistance level is being reached..
It has been rejected 5 times before and what are the odds to break it today ??
I am very interested in Litecoin still for the longer term.. but I have to wait patiently for a nice setup to entry the market..
What I hope for is a major correction in the crypto to pull back at $39K/$40K bitcoin.. So we can buy in more and more...
💥LITECOIN BUY SETUP TO $175Please support this idea with a LIKE👍 if you find it useful🥳
Buy level - $150 - $153
Stop loss - $139
Take profit - $175
Right here is a double bottom W pattern formation on LITECOIN.
Fortunately, neckline breakout and retest has completed it's formation. It's time for LITECOIN to long to it's target at $175.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on LITECOIN (LTCUSDT) 🤗
Happy Trading💰🥳🤗
LTC Big Move Coming??!looking at the Litecoin BTC chart and you notice a lot of price action against this downtrend support/resistance, we are currently right on this resistance and we seem to be slipping below this level, now i think we could see a potential drop in sats, we gotta be careful treading along the bottom of the bollinger bands, this could very well induce a pullback if we continue to ride the bottom. Something you notice on the bollinger bands is that we are beginning to squeeze which means volatility is shrinking and we could be in for a big run, now the only problem is that we don't get an idea of which direction, personally i think we will see the move to the upside just based on the fact that the market is waking up again and getting back into bullish mode. Looking at the pivot points we definitely have some work to do, we need to get up and above this bullish pivot point where we could get an overall trend reversal because its clear we are stuck in a downtrend since late May. Checking out the MACD we are looking a little bearish, we are coming up soon on what looks like a bearish cross unless we see an unlikely bounce, our histogram is getting close to that midpoint where we could soon see some red bars, i think this will likely be a short term pullback if we see one and then i imagine we will see LTC start to wake up a bit, very key is first of all reaching that pivot point and staying above that and also not getting stuck under this downtrend resistance! Not financial advice just my opinion!
Litecoin 💥🚀🌚⚡ #Litecoin $LitecoinIt has been a few days since LightQueen Trend broke its 67-day bearish trend and started moving towards its price targets. The price targets and their resistances are plotted on the chart. The resistance between the price of 255 and 260 is very strong and it is important to break and stabilize it.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
#DYOR
INVERTED HEAD AND SHOULDERS @ LITECOINFolks,
Morning we see a Inverted head and shoulders on the 4 hour lite coin chart. Getting excited now..
The overall trend is bullish but for a good buying opportunity you have to be a little patient.
I want to see price rebound at retest $147.- or maybe even lower to have a good buying opportunity!
While writing the recent candle is becoming a form of a shooting star at a ' high price area' / known as resistance.
But still 1.5 hour before new candle starts so everything can change, still.. but just to be aware..
It can be the start of a three river evening star pattern... Maybe ;)
To be continued!!
LtcUsd- And up we brokeIn yesterday's comment, I said that Litecoin is waiting for a trigger for breaking up.
With the new wave of optimism in the crypto market, LtcUsd has broken above 150 important resistance and I expect continuation.
As I said, my target is 200usd zone
150 is now support and, in my opinion, should be bought
Litecoin- waiting for a triggerLike all the crypto market, Litecoin also corrected hard, dropping around 75% from top to bottom.
100 is strong support for this crypto and we can have a double bottom in place.
At this point, LtcUsd is trading just under 150 neck-line resistance and a new wave of optimism could lead to a break.
The measured target is 200
Litecoin UPDATE HEAD AND SHOULDERSHi Folks,
These consolidation times are often very boring.. we want action.. But do you know that for 2/3 of the times the markt is going sideways/consolidates.
And 1/3 of the time it goes either in an uptrend or downtrend..
What is your strategy?
One of mine is to look for pullbacks/retracement (A real retracement in an uptrend is a decline between 33%-66%) did you know?
So think about the money that can possibly be made in pullback strategies..
The setback in this LTC/USDT chart depends likely on what the price of bitcoin will do..
For now the market is searching for direction..
HEAD AND SHOULDER IS THAT YOU??Folks,
Be aware of a possible head and shoulders pattern in the Litecoin/USDT pair on the 4 hour chart.
The first breakdown of the neckline has got rejected by the bulls.. But simply if it breaks be aware of prices fall back at the horizontal line drawn..
How do you target this?
You take the highest price at the head formation and calculate the % it falls back to the neckline.
Than
You take the same % percentage from the neckline down.. and that is your target price when the neckline breaks and it is a confirmed head and shoulders pattern.
There is a lot of symmetrical in trading...
LTC about to takeoff against BTC!!!Litecoin has been getting held down heavy with this downtrend resistance and today we are seeing a big push up and through this resistance, we could be seeing the start of LTC really starting to regain its value against bitcoin. We got a very nice bounce with the MACD our blue MA is pushing higher and starting to separate away from the orange which is a very positive sign for a nice little run. We could see our histogram start another cycle of bullish bars after we saw a pretty brutal 3 cycle bearish histogram recently. We are upcoming on a very key pivot point where we could see a flip to the bulls side, we have to make sure we secure this PP and are able to hold onto it before i could really say we are seeing a full reversal. On the very positive side we are looking at the bollinger bands and we are very close to that top band which 99.9% of the time is a very bullish sign. if we can push up into the top band we have a high chance of taking that top band for a decent ride to the upside most likely smashing us right through that pivot point and probably upto that first resistance level, i think we are going to have a bit of a slow rest of the month for crypto and mostly altcoins but i believe we could be seeing the start of the build up before we see our next leg up, which i personally think could happen in august. Not financial advice just my opinion!
Bitcoin ❤ Lovers have two scenarios for Bulls Honeymoon 🚀⚡😍Yes, you guess it right there are two illustrated Honeymoon plans on the chart with your 'Honey' Crypto.
As you see the chart from the recent All-Time High from 64000 to the Last Swing High 18992 in December 2017 before Big Monster Bull Run started after the breakout in October 2020, now we have already retraced 78.6% at 28815 during this recent 'Fatal Crash' that means this is the Golden chance that Bulls can take the control of the Crypto party. How? Let's see below Scenario 1
Scenario 1: 78.6% is the last resort for the retracement before the upcoming new Bull Run, possibilities are very high that if they break the upper range of 41K mentioned in the chart that will be the final confirmation for Scenario 1 Bulls Mission Successful.
In any situation this recent crash low 28815 gets broken in the near term future before closing above 41k to 42K in the Big Timeframe then doors are open for Scenario 2 shown in the chart.
Scenario 2: In this we have used the Fibonacci Range from Bitcoin Inception to the All-Time High 64000 and we got two important numbers plotted in the chart at
61.8% is at 24925
78.6% is at 14059 respectively.
Now, BITSTAMP:BTCUSD will take a U-Turn from these above two Fibonacci Level, there is no doubt unless there is no such bad news/development in Cryptos Space in the future during that period.
Stay tuned as always for the latest updates. Give a Thumbs Up 👍 and Do Follow us.
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Team 10xBulls ⚡
