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LTC-USDT

🔥 Litecoin Regaining Lost Ground: Bullish OutlookIn my previous LTC analysis I argued that LTC was one of the major crypto's who simply being left behind when it comes to gains. Volatility and volume were low, which lead to a long phase of consolidation. With this morning's break of the channel resistance, LTC is regaining lost ground quickly, making it one of the top gainers of this morning. Previous resistances now function as major supports. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
6
🔥 Litecoin Textbook Bearish TriangleLitecoin is one of the main alts who, lately, just can't hold up with the other big coins. The continued bleeding has provided us with a bearish triangle trading pattern. As seen on the chart, the price is slightly reversing from the $125 area, since the bottom support of the triangle is usually quite strong. I'd expect another bullish bump towards the $135 area before the final plunge downward. Wait for the final bump and bearish confirmation to enter your trade. I've marked two support areas to place your targets, S1 and S2. Both are around recent swing lows. Happy trading!
Short
by FieryTrading
15
Litecoin In A Bullish ChannelToday, Litecoin picked up speed after being dormant for a few days. Traders are seeing that other large caps like ETH are seeing strong returns, so naturally they are investing in other large caps which are being left behind a little. While you're here, take a look at my other Litecoin idea's, there you can see my longer term prospects for this amazing coin! For now, LTC is inside a nice channel, where it reversed from the bottom strongly yesterday. The most important resistance to beat now is based at R1, the last high of $184. I placed R1 on $180 since I think the round number is more important. If bullish pressure keeps strong like today, we might even see LTC shoot up towards the $200 level, R2. Happy trading!
Long
by FieryTrading
6
💡 Don't miss the great buy opportunity in Litecoin/TetherUSTrading suggestion: . There is a possibility of temporary retracement to suggested support line (144.25). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Litecoin/TetherUSD LTCUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 155.35 TP2= @ 162.60 TP3= @ 172.40 TP4= @ 185.70 TP5= @ 195.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
18
💡 Don't miss the great buy opportunity in Litecoin/TetherUSTrading suggestion: . There is a possibility of temporary retracement to suggested support line (144.25). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Litecoin/TetherUS LTCUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 155.35 TP2= @ 162.60 TP3= @ 172.40 TP4= @ 185.70 TP5= @ 195.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
18
Litecoin About to Explode: Bullish TriangleAs you might have noticed in my other LTC posts, I'm quite bullish on this coin in the long term. For now, I've spotted a bullish triangle setup on the 1H chart. Since bullish sentiment in crypto is nowhere near running out, I see the bullish triangle breaking at any moment now, signaling a new upward movement for LTC. In my previous post I mentioned $180 as the next short term hurdle. This remains the same for this setup, in addition of a $200 price target for the coming week. Do your own DD & trade happy.
Long
by FieryTrading
1