Litecoin Bearish scenarioUsing fib time again
Drops can be seen all along the 0.618 , 1.618 areas
Will the pattern continue?
Liking this new tool
My bullish case, more of a radical idea than this one.
Litecoinusd
Retrace to 179 before moving forwardGood evening everyone.
I believe we should see a small retracement back to 179.50~ before moving forward to 215.00~.
Please invest responsibly. Any feedback would be much appreciated.
Have a great day!
LTC/USD ANALYSISON THE I5MINUTES TIME FRAME A SELLING CLIMAX WAS OBSERVED WHICH WAS FOLLOWED BY A BREIF PHASE A.
PHASE B: DEMAND OVERCAME SUPPLY AS WAS REMAINED IN THE UPPER HALF OF THE TRADING RANGE
PHASE C: THIS WAS OBSERVED AFTER PRICE FELL FROM AN OVERBOUGHT CONDITION BUT A CHANGE WAS SEEN AS SELLERS FAILED TO ESTABLISH THEMSLVES INDICATING THE LACK OF INTRREST FOR SELLERS TO PUSH PRICE LOWER
ENTRY WAS MADE AT 171 WITH STOP LOSS PLACED AT 168 AND PARTIAL PROFITS WAS TAKEN AT 193 WHILE THE REST WAS TAKEN AT 197 JUST BEFORE A STRONG SELLING ZONE THIS GAVE A RISK REWARD RATIO OF 1:7.5
Litecoin (LTCBTC/LTCUSDT) LONG 2021/03/04I just entered into a long for LTCBTC. Sharing my trade details.
Pair LTCBTC
Direction Long
Entry 0.003765
SL 0.003716
TP1 0.003782
TP2 0.003797
TP3 0.003809
TP4 0.003824
Signal Rating 3/5
Make sure to add a 0.1-0.2% buffer to prices given to avoid order clustering and stop loss hunt.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
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Not the best deal. Risky. But you can trySince Bitcoin is growing, many people are reluctant to buy it. They want to buy different Altcoins.
If you really want to buy Altcoin in addition to ETH, LTC might be a good option for you.
SL: If 1D candle closes under 164.
TP: Depends on the market situation. I recommend setting up 50% on the $298. But it is safer to buy bitcoin at the moment.
Litecoin Very BullishAn idea for Litecoin
Can see the comparison points on the RSI, clearly
What interests me most is the curve on RSI, may result in price forming a parabola (assumption)
Enjoying this new chart style, hope you do too
Above is a chart showing why I hodl hope for Degen coins, the same degeneracy Litecoin showed early on
Litecoin basing before a move
(+)
MACD White
RSI
Trend support
Uptrend
Price: $179
SL: $162(-10%)
Target: $250, $285
Good risk-reward entry here.
LTCPossible that we could see the same sort of scenario play out, looking to possibly see some consolidation repeat after the circled big red candles (correction) we could see some more movement up this week IMO followed by some consolidation loading up for that next move, IMO i believe it will be to the upside, ichimoku cloud creating higher support infront of us and ema ribbons are still bullish, Key areas to watch are the EMAS if they were to flip to red side on top, Also have key resistance to break at 250 USD
Litecoin (LTC) - potential for 40%+ growthLitecoin seems to have broken the downward trend line made over the last week or so. I think we should see good movement upward with the potential to re-test our previous high.
This could mean up to 40% growth for the coin Particularly if BTC continues to grow once again this could be a great opportunity to for litecoin which still hasn't seen the explosive growth we might have expected (not even hit 2017 ATH)
If you find my analysis useful please hit like, and follow.
This is not financial advice do your own research
LTCUSDT (Litecoin) Technical Analysis Update LTCUSDT currently trading at 156
You can see n the chart there are two possibilities in Litecoin. it can revere from the support line or if it breaks the support line we can expect it's going touch-first Target at $122.
Short entry-level below: 150$
Stop loss: I will update once I see the breakout
$LTC at historical all time low level. Good trading opportunity.$LTC is setting up for new bullish cycle on LTCBTC chart. There are multiple bullish signs:
1. Currently it's close to ATL level and it's nearly perfect time to accumulate.
2. MACD reversal on Monthly chart.
3. Grayscale is buying big portions of $LTC
4. LTCUSD already in the bullrun and imho it's far from over.
Please do your own reasearch.
Trade carefully and good luck!
Litecoin Long Idea LTCUSDIdea for LTC
Similarities can be seen within 2.618, this may lead to a very sharp movement up (c)
A move like this would smash the fib ring of 2.618
Two point comparison
Areas in green circles or ovals are support areas, red circles / ovals are resistance areas
Fib waves Idea attached which I think is relative to the movement within 2.618
Litecoin completing Shark for upto 109% profit moveHi dear friends, hope you are well and welcome to the new update on Litecoin.
On the daily time frame chart, the price action of LTC with US Dollar pair has formed a bullish reversal Shark move and entered the potential reversal zone. On breaking down 50 SMA the pattern will be confirmed. There is also 100 SMA support in buying zone and 200 SMA support below the buying zone.
this trade has a huge profit possibility of 109%, and the loss possibility is 21%.
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.
LTC Wyckoff Accumulation Pattern I could be wrong, but it seem to me that we are in a 6th wave of a wyckoff accumulation pattern that usually consists of 7 main waves. Al that points out that LTC hasn't reached the bottom in this correction yet.
I am not a financial advisor so don't buy anything that a say. Wish you all successful investment.
BITSTAMP:LTCUSD
Litecoin - The good scenario and the badOur updated chart with very simple but major support and resistance levels. Price will soon pick a direction, either support and higher or very simply lower to previous support.
Hope it helps
Litecoin in lovely upward- channel Here are 2 setups of which I hope we will see one, either repeating the white one or the black one. Both would be nice to see considering we speak about 20-25% in just a week from now - and even intraday-trading would be interesting in the situation - I am in.
Good luck!
Litecoin LTC Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
LTC Litecoin Market Cap $18,993,843,023
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
LITECOIN/USD: The price will GROW more inside its RISING WEDGE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
LTC/USD
⚪ Technical Analysis :
Since February, the price has been following a clear uptrend, moving just around its EMA 200, forming an interesting rising wedge pattern. (See the rejections on its dynamic lines)
On the 20th of the same month, the price got a nice rejection once it reached its dynamic resistance line, falling quickly down until a support zone at about 221.25.
It is creating lower highs and lows, so there is a possibility of market's weakness, but don't forget that overall, the market is still bullish and the h1 time frame is full of noise!
It is currently consolidating between the two levels 221.5 and 231.1, almost closing its 4h session with a bullish hammer, so I'll be looking for a breakout of its resistance zone.
🔴 Conclusion :
Considering the bullish market, I'll be looking for a long position on this trade, so eventually I'll see a proper breakout of the resistance zone, with a closing upbar at about 233.8, I'd definitely entry long.
My target profit would be the level at about 257, up to its next resistance zone and the dynamic resistance line;
My stop loss would be at about 219.50, just below the support zone and its last low.
If the price will break down breaking through the support zone and the rising wedge pattern, this setup wouldn't be valid anymore.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
LTC/USD entry levels LONGLitecoin created a nice channel. This should be easy to trade or enter for a better price.
ENTRY LEVELS LONG
$200
$182
$150
$125 STRONG BUY
