Hi dear friends, hope you are well and welcome to the new trade setup of Litecoin (LTC). On a monthly time frame chart, LTC has formed a huge bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Litecoin Intraday - We look to Sell at 66.78 (stop at 68.61) Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. Our outlook is bearish. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 60.60...
Litecoin Intraday - We look to Buy at 65.02 (stop at 62.98) Price action continues within the short-term bearish trend channel. Previous support located at 65.00. A move lower faces tough support and we remain cautious on downside potential. Trading has been mixed and volatile. Our profit targets will be 73.19 and 85.00 Resistance: 74.00 / 82.70 /...
Litecoin Intraday - We look to Sell at 72.96 (stop at 75.42) Further downside is expected and we prefer to set shorts in early trade. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. Levels close to the 38.2% pullback level of 73.00 found sellers. Upward pressure has...
Litecoin Intraday - We look to Sell at 76.92 (stop at 80.43) Preferred trade is to sell into rallies. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. We have a 78.6% Fibonacci pullback level of 76.07 from 82.78 to 51.42. Expect price action to remain mixed and volatile as...
Here is my view for LTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Litecoin Intraday - We look to Sell at 75.44 (stop at 79.81) The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into rallies. We have a 78.6% Fibonacci pullback level of 75.97 from 82.66 to 51.42. Expect price action to remain mixed and volatile as this corrective sequence continues. Risk/Reward would...
Trade Idea: Litecoin heading lower? Reasoning: Confluence sell at 61.8% Fibonacci level Entry Level: 68.51 Profit Level: 60.09 Stop Loss: 71.51 Risk/Reward: 2.81R Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Plotted on the chart in orange are LTCUSD's three and most relevant halving dates, with the third being yet to come until July 25 2023 The first halving and the third show similarities, in that they both are experiencing a bull move that will lead to a bull market before the halving The first one took a long time to materialize however with a long period of low...
Since January's break under 140 support, Litecoin is trading in a descending triangle. The end of March beginning of April break above trend line resistance proved to be a false break and the coin has dropped again to 100 support. As I expect a strong sell-off in all the crypto market, for sure Litecoin will not make an exception and it will dive (in my opinion)...
Litecoin Intraday - We look to Buy at 103.15 (stop at 100.74) We look to buy dips. Previous support located at 103.00. Short term oscillators have turned positive. Broken out of the channel formation to the upside. Our profit targets will be 108.59 and 111.01 Resistance: 107.00 / 115.00 / 120.00 Support: 103.00 / 100.00 / 97.00 Disclaimer – Saxo Bank...
Litecoin Intraday - We look to Sell at 102.94 (stop at 104.28) Preferred trade is to sell into rallies. Previous support at 103.00 now becomes resistance. Prices expected to stall near trend line resistance. We have a 78.6% Fibonacci pullback level of 103.46 from 105.40 to 96.34. Our profit targets will be 97.81 and 95.10 Resistance: 103.00 / 106.00 /...
Hello friends, today you can review the technical analysis on the 1W (weekly) linear scale chart for Litecoin (LTCUSD). The chart shows only the Litecoin price and the similarities between the current market structure and price to the prior bull/bear cycle market structure and price. Though price may move slightly different in both cycles, the overall structure...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin (LTCUSD). Litecoin has been bouncing around Support and Resistance trend lines and it looks like it may be headed back up to re-test resistance. The resistance is at the 0.382 Fibonacci Retracement which is also near the edge of the red Ichimoku Cloud around...
LTC is looking pretty simmilar to BTC. Support comes in at about 102 - 98$, so I will attempt a long from there. The support is not as well - defined as it is on BTC, so will have to be more careful with this one.
Hello friends, today you can review the technical analysis idea on a 1H linear scale chart for Litecoin (LTCUSD). Litecoin price looks like it may be headed back down from the current price. Keep an eye on my Support and Resistance Trend Lines. The Fibonacci Retracement shows price has possibility getting back to the 0.382 level. There is also Ichimoku Cloud...
Hello guyz, how are you? I want to ask this if this is correct. Comment down your opinions, every opnion is important. Thank you