RSI has reached its bottom point Price will likely pose a reversal I have a feeling that the reversal we will see will be a lot different to the previous two rallies that I have charted (300%,400%). With a bigger breakout being on the horizon. Linking some relevant ideas below
While the BTCUSDT price was close to renewing the 2022 low, the LTCUSDT price stopped its decline 20% above the June 2022 low. Looking at the trading chart of the LTC price, it can be assumed that there is now an accumulation of a long position in the range of 50-65 dollars. The result of such accumulation can be a shot of the Litecoin price to at least $96, and...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find a significant trading opportunity as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
LTC Litecoin looks bearish right now, due to the market conditions. My price target for LTC Litecoin is the Covid lockdown level of $23. Looking forward to read your opinion about it.
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
Litecoin - Intraday expiry 8am UK - We look to Buy at 50.36 (stop at 48.88) With signals for sentiment at oversold extremes, the dip could not be extended. Trading close to the psychological 50.00 level. 50.16 has been pivotal. Bullish divergence is expected to support prices. We look to buy dips. Our profit targets will be 54.19 and 55.19 Resistance:...
Litecoin - Intraday - We look to Sell a break of 57.99 (stop at 59.62) Short term bias has turned negative. The bearish engulfing candle on the daily chart is negative for sentiment. A break of yesterdays low would confirm bearish momentum. Trend line support is located at 52.50. Our profit targets will be 53.71 and 53.01 Resistance: 61.00 / 62.00 /...
Since the 40 low made in mid-June, Litecoin has started to rise and made a high at 65. For a month now the coin is trading in a range between that high and a low at 52 and with the lifted pressure from the crypto market this range can be broken to the upside. In my opinion, dips under 60 should be bought in anticipation of an upbreak and continuation of the recent...
Litecoin Intraday We look to Buy at 57.41 (stop at 56.19) Previous resistance level of 57.50 broken. We look for a temporary move lower. We look to buy dips. Our profit targets will be 60.39 and 60.99 Resistance: 60.00 / 61.00 / 62.00 Support: 59.00 / 57.50 / 56.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your...
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD). The Litecoin chart is on a weekly basis to show the life cycle of Litecoin on this chart. Price was around $200 in December 2021 when I started sharing my concerns with the crypto market. I hope you took that advice seriously at that time, as Litecoin...
Litecoin Intraday We look to Buy at 56.26 (stop at 55.05) Daily signals are mildly bullish. 56.00 continues to hold back the bears. We look for a temporary move lower. Prices expected to stall near trend line support. Further upside is expected although we prefer to set longs at our bespoke support levels at 56.00, resulting in improved risk/reward. Our...
Trade Idea: Selling Litecoin Reasoning: At key 50 day and 50 4 hour moving average - looking for sellers to win the fight Entry Level: 57.05 Take Profit Level: 52.88 Stop Loss: 58.06 Risk/Reward: 4.13:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Litecoin Intraday We look to Sell at 57.84 (stop at 59.89) Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 58.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 53.07 and 52.00...
$LTC is in the bear market since May 2021. Local resistance line tested but not broken. There is a change $LTC might go to $41 in the coming months. Also in case of a prolonged crypto bear market or significant sell-off it might hit $25 level. Price range between $41 and $25 is a great accumulation level to buy at. At the chart you might also see Accumulation...
Litecoin Intraday We look to Buy at 60.09 (stop at 58.15) Following yesterday's bullish candle, the overall trend higher looks set to continue today. Bespoke support is located at 60.00. We look for a temporary move lower. Support could prove difficult to breakdown. Preferred trade is to buy on dips. Our profit targets will be 64.96 and 66.00...
Litecoin Intraday We look to Sell at 59.93 (stop at 61.59) Posted a Double Top formation. This is a bearish reversal signal and the lack of progress higher has confirmed a sentiment shift. We can see no technical reason for a change of trend. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 56.03 and 55.00...
Let's consider LTCUSDT today at 3 -day time frame More than a year has lasted downtrend. And finally in June-July 2022 were increased trade volumes that indicate a meticulous struggle between buyers and sellers. Increased trade volumes on a conditional bottom may indicate an attempt to turn the trend for growth. However, Litecoin is an "old coin" and it is...
Litecoin Intraday We look to Buy at 61.12 (stop at 59.72) Intraday signals are bullish. Dips continue to attract buyers. We can see no technical reason for a change of trend. Further upside is expected although we prefer to set longs at our bespoke support levels at 61.00, resulting in improved risk/reward. Our profit targets will be 64.96 and 66.00...