LTC 3x Leverage trade approaching Daily Resistance - buy retest LTC3L ( LTCusdt.3L ) has move +10% in the last 6hrs
retest entry of 0.001479 recommended due to possible
pull back.
LTC3L approaching daily resistance
watch for breakout with volume confirmation
Target 1: 0.001664
Target 2: 0.001851
Target 3: 0.001973
Stop Loss: 0.001337
Manage Risk - have a stop loss in place
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
LTC
LTC - Technical review and analysisLast week, LTC registered a range trend below the resistance range of $66.7 to $73.3. In the 4-hour and 1-hour time frame, we can expect a narrow upward channel, and if the bottom of the channel breaks in the range of $65 to $64, we can expect the continuation of the downward trend and further fall to the specified support levels. But if the support area of the bottom of the channel is maintained, the price increase can continue up to the resistance level of $70. This resistance can be associated with a negative reaction in the future.
LTC USD travelling on its last line of supportInteresting to see this chart working well no sign of any action to the upside but plenty of room for it.
Its happily running its last line of support but be warned if things turn nasty which they could then who knows where the bottom will be after breaking support.
Trade safe guys still a bear market.
LTCUSD ABC correction nearing completion?after 5 waves up we are seeing a massive ABC (variation of) correction and completing the 5 waves of C imho
IF this count is correct, and BTC tumbles to new lows (or at least test previous lows) i think its fair to say we will see market wide corrections
Some Key Levels of Significance:
-$48.88
-$40.27
-$29.52
-$22.83
in particular if this current structure is a true bear flag, i will be most interested in a buy at the ~$30.00 level
not financial advice, just thoughts and notes for me to compare in the future.
LTC: Pullback in UptrendLitecoin (LTC) technical analysis:
Trade setup : Bearish RSI divergence signaled that price could not hold above $75 key level and pulled back near $60 support and 200-day MA, which could be a swing entry opportunity. Price remains in an Uptrend.
Pattern : Bearish RSI divergence occurs when a coin makes a new high in price but the RSI does not make a corresponding new high value. In other words, a bearish divergence forms when a coin price records a higher high and RSI forms a lower high. RSI does not confirm the new high and this shows weakening momentum.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $60 (previous resistance), then $50. The nearest Resistance Zone is $75, then $100.
Litecoin, 1hOur priority scenario in Litecoin is the growth in a small wave (3) to the range of 68.50-72.76. These are important levels for LTC and we believe that these are only the first upside targets. If the price of LTC falls below 61.21, the upward scenario will be canceled, we’ll revise our markup.
LTCUSDT 1D Interval - Resistance and SupportI invite you to review the LTC to USDT chart on the 4H time frame. At the beginning, let's mark the uptrend channel in which the LTC is moving, but what we can see locally is below the downtrend line.
As we can see the first support is at $61.91, if the support is broken then the next support is at $55.69 and $47.60.
Looking the other way, we see that the first resistance is at $67.14, if it manages to break out, the second resistance is at $70.54 and $73.33, then the price has to go through the strong resistance zone from $76.10 to $80.09, only when the price breaks out and tests it positively, it will be able to continue growing.
As we can see, the volume indicates a definite advantage on the part of the sellers, what's more, on the CHOP index we see that there is a lot of energy, adding to this the RSI indicator, which shows a small rebound, we can see a deepening of the correction around the lower part of the channel.
LTCBTC '2D' - LTC Down / BTC Up?Take a look at this - after breaking massively upward through a descending line of resistance, hitting a further historical level of resistance and rebounding; we're now on the down-swing.
We've got a Short signal from Crypto Tipster v2 and not much in the way of support below the current price - it would've been nice to get in on this Short a bit sooner, but we think there's still a healthy amount of short profit to be made here.
LTCUSD '2D' - Short now or wait a day or two?Litecoin is looking like it's currently floating above the ranging market where it's ultimately going to end up. The question is when.. Do we place a short trade now with our Crypto Tipster v2 signal or do we wait a couple of days when the price (might) hit the top edge of the descending triangle?
The choice ultimately is up to you, either way you're going to be looking at a good 10-20% short over a week or two.
LTC: Pullback in UptrendLitecoin (LTC) technical analysis:
Trade setup : Bearish RSI divergence made us cautious and indeed price could not hold above $75 key level. Price remains in an Uptrend and pullback near $60 support and 200-day MA could be a swing entry opportunity.
Pattern : Bearish RSI divergence occurs when a coin makes a new high in price but the RSI does not make a corresponding new high value. In other words, a bearish divergence forms when a coin price records a higher high and RSI forms a lower high. RSI does not confirm the new high and this shows weakening momentum.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $60 (previous resistance), then $50. The nearest Resistance Zone is $75, then $100.
Bitcoin 12.000 bad scenario for cm before christmasBitcoin 12.000$ soon because markets in bull/bear fight right now
Cryptomarket traders hear bad news since 2022
News about Bankman fried arrested
Maybe result bad/good for cryptomarket
I believe we see negative a result on cryptomarket pricing
Btc 12.000
Eth 600
LTC 35
Doge 0.034
LTC is look weak for time beingSo tomorrow CPI (consumer price index) data will be released.
if CPI report comes below 7.9-7.8 it's going to be bullish for all the markets and this idea will be invalidated.
but part of me believes that report is going to come above 8.0 if that happens LTC and all other coins will fall to previous lows.
There is another scenario which I am also thinking it might happen. the market will fall below previous lows before CPI reports comes out. then market will pump. (The most likely scenario)
as of now I am shorting the Litecoin from 74.40 my current target is around 68-64$
i will update the idea time to time.
Thanks .. this is not financial advice please mange your risk
💲Litecoin Declines To Strong Support Zone💲💲Litecoin Declines To Strong Support Zone
💲Litecoin has been falling quite rapidly in recent days.
💲All thanks to the correction that is taking place on the main US S&P500 index
💲The entire crypto market has taken a hit along with this decline.
💲It looks like Litecoin still has some strength left to fall.
💲Ahead of us near the $57 price level is the 0.618 fibo level of the entire upward wave from the bottom to the current peak.
💲I have set a support zone there, which I expect to be captured over the next few days.
💲The scenario I'm playing out is a continuation of the decline to the support zone where I'll be watching closely to see how the price will react, waiting for the next upward wave. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
The Silver Narrative Goblin Capital presents you another OG coin that is about to rip.
The 'Goblin Algoritme' indicates that OG coins are about to pump into oblivion.
In addition, I expect the ancient narrative (Bitcoin = Gold, Litecoin = Silver) to pick up soon.
If you look at historic price action (PA), accelerations basically go vertical with not much time to hop on the train.
Therefore, I don't mind being in a little too early. What matters to me is that I am in.
Soon (our) Goblin Capital fund will go live on Iconomi. Stay tun ed!
LTC - Good Key To Feel The Market!🔑Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
I always keep an eye on Litecoin to feel the overall crypto market.
LTC has been trading inside the blue flat rising broadening wedge pattern , and we lately rejected the 85.0 supply zone.
After breaking below the last major low from H4 (in gray) the bears took over. So we are currently bearish medium-term.
As we trade lower, we will be approaching the lower bound of the rising broadening wedge.
Moreover, 50.0 is a strong weekly support zone .
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower blue trendline. (acting as non-horizontal support)
As per my trading style:
As LTC approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Then we will be expect a shift in momentum from bearish to bullish.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich