Litecoinshort
LTC Update - 25.01.2024 / Short setup4 hour chart:
I see the coin moving in a full downward oof through withdrawal of internal liquidity, structure breakdowns, FF imbalances and mithigating bts zones.
At this point I'm considering two POIs for a set of shorts positions:
1. Daily FVG that broke local structure to short (Only through confirmation on ltf in the form of nascent off / structure breakdown)
2. Block order zone + ind (Also only through ltf confirmation)
Market maker left enough compression behind the lows to deliver price on the downside, so we just have to wait for rebalancing in POI and trade pattern formation!
Not financial advice, always think with your head! ❗
Litecoin has turned negative.Litecoin - 24h expiry - We look to Sell at 97.78 (stop at 101.38)
Bespoke resistance is located at 98.
97.85 has been pivotal.
Short term bias has turned negative.
The trend of higher intraday lows has also been broken.
Preferred trade is to sell into rallies.
Our profit targets will be 88.78 and 86.78
Resistance: 93.00 / 95.00 / 98.00
Support: 89.12 / 88.00 / 86.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Litecoin to break the trend of higher lows?Litecoin - 24h expiry - We look to Sell a break of 90.68 (stop at 93.88)
Trend line support is located at 93.00.
Prices expected to stall near trend line support.
A break of the recent low at 90.85 should result in a further move lower.
The medium term bias is neutral.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 82.68 and 80.38
Resistance: 94.07 / 95.50 / 98.00
Support: 93.00 / 91.50 / 89.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Litecoin to breakdown?Litecoin - 24h expiry - We look to Sell a break of 88.78 (stop at 91.78)
Daily signals are bearish.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of the recent low at 88.90 should result in a further move lower.
Expect trading to remain mixed and volatile.
Although buying has been posted overnight, the rally has been limited.
Our profit targets will be 81.28 and 80.28
Resistance: 93.00 / 94.15 / 95.00
Support: 90.20 / 88.90 / 87.50
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.
Litecoin to breakdown?Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98)
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
83.78 has been pivotal.
A break of the recent low at 83.78 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 75.98 and 74.88
Resistance: 87.30 / 88.60 / 90.50
Support: 85.80 / 83.70 / 81.50
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.
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.
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 in ascending triangle.Litecoin - 24h expiry - We look to Sell at 94.28 (stop at 97.64)
Price action has continued to range within a triangle formation.
Bespoke resistance is located at 94.50.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Price action has broken from the previous formation.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 85.88 and 85.08
Resistance: 92.50 / 94.50 / 95.69
Support: 90.78 / 90.00 / 88.63
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 - Plenty of Short Profits, But Where to Take Them?theCrypster -
A symmetrical triangle formed coming off recent(ish) swing lows from the #LITECOIN ATH. We've now been rejected by that upper edge of the triangle, combined with a Sell signal from CTv2 and we've got a good trade here!
There will be some resistance at around 10-15% below current price, if we start to head out the top of this I'd be inclined to close the trade for small profits. A bust out the bottom of this area would indicate very healthy profits of 20-30%.
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#LTCBTC - A Small but Profitable Short#Litecoin has recently reached new highs and has been ranging in the upper band since late last year. We appear to be consolidating within tighter ranges recently and can see a small but profitable drop to meet the ascending trend line.
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
#LTCUSD - A 30% Drop Before Rising Up?Coming off a fresh rejection off the descending resistive trend line we've received a Sell signal from CTv2, there's around 30% drop until price would meet support at an intersection of ascending trend lines and a historic SR level. This is our target!
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theCrypster
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Litecoin posted a double top.Litecoin - 24h expiry - We look to Sell a break of 94.48 (stop at 96.23)
Posted a Double Top formation.
Short term momentum is bearish.
An Evening Doji Star formation has been posted at the high.
A break of the recent low at 94.52 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 90.11 and 88.11
Resistance: 97.50 / 98.50 / 100.00
Support: 96.20 / 95.20 / 94.52
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 to turnaround?Litecoin - 24h expiry - We look to Sell a break of 73.78 (stop at 75.81)
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A higher correction is expected.
A break of bespoke support at 74, and the move lower is already underway.
Our profit targets will be 69.01 and 68.01
Resistance: 76.00 / 77.55 / 79.50
Support: 74.00 / 71.00 / 69.00
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: Crypto gloom!Litecoin
Intraday - We look to Sell at 56.80 (stop at 62.70)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for sentiment and the downtrend has potential to return. We expect gains to be limited. We look to sell rallies.
Our profit targets will be 40.00 and 20.00
Resistance: 65.50 / 80.20 / 91.70
Support: 40.00 / 20.00 / 16.00
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.