LTCUSD NEW ATH'S AHEADAs you can see in the chart, Litecoin is nearing the end of phase 4 of it's Elliot wave and will soon shoot up to phase 5, after which we will have a small correction(ABC) and then we shoot up straight from there as suggested by the fractal taken from it's Sep 2017 Breakout. I'll be Long at support($130-$139)
The fibonacci extentions are just to show correlation with entries and exits, as well as the horizontal trend support(s) and resistance(s).
The price target for this breakout will most likely be slated at about $1000-$1250(Phase 5 of the excluded portion of the Elliot wave). Sorry I can't show you the full chart otherwise it'd be clustered and I use a small screen. Anyways $540 will be where I plan to exit so I can at least show you that.
Also, the LTCBTC pair is nearing the end of it's falling wedge structure which would suggest a breakout is imminent.
Also big up @BTCINVESTING this trade idea was based solely on his Litecoin Halving analysis and is top tier imo.
Link to his chart is below.
LTCBTC
LTC/BTC - 26% Possible GainsIn this chart we see this support line been held since Mar/17, with almost no touches to it and also no closes below.
Right now LTC is very close to this support line, and we might be on the verge of a short term reversal until the touch of the above resistance line.
I'm taking this long with a RR of 3.12, since we have a bullish momentum on the market.
Entry Point: 0.003480 - 0.003530
TP1: 0.003630
TP2: 0.003764
TP3: 0.003905
TP4: 0.004026
TP5: 0.004278
TP6: 0.004463
SL: 0.003231
I'm using a moving SL as TPs get hit.
Thank you for reading.
LTC/USDT 57% up without leverage and still chances toward $264.?#LTC/USDT Profit Update:-
$LTC currently trading at $182
And our entry signal was $115-$130
So our Lower entry was also filled.
Now 57% up without leverage.
This is result of patience guys.
I am also holding and booked profit 50% positions here for safe side.
Entry:- $120 ✅
TP1:- $178 ✅
TP2:- $264 waiting
SL:- I placed at my entry level.
Now..?
Now LTCUSDT trading at strong resistance level at $195
If breakout this resistance then we can see $264 next target
But
If Rejected from this level then we can see $155 also
$155 is good support level.
Support:- $155/$130
Resistance:- $195/$264/$420
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
LTCBCT back in rangeFailed to breakout of the descending channel after breaking out of the falling wedge. It is possible price will retest the falling wedge. On the USD pair, LTCBTC broke down from a rising widening wedge with a measured move of $64. Currently I see price bouncing around the range, and breaking down in the near future, touching bottom.
Last January I outlined a path for LTCBTC and called for a bottom at 0.023-0.035, after which there will be a major bullrun, that I projected the timing with the help of a special gann fann, this idea still holds. The gann fann I designed in June 2020. All of the ideas are listed below and I suggest that they be reviewed.
If you are disheartned by the drop, you shouldn't. This is the true nature of Crypto, it is volatile and volatility is money if you are prepared. Early this year I warned that LTC can retrace, and got very bad feedback from people that think price action is "up only". Price action is up and down. There will be a bullrun for LTC, it will not die, although personally I think it is a clone of BTC that has not been updated and can be replaced in the future, but it has its own network that the successful meme coin Doge uses and it has enough liquidity and quick transaction relative to BTC for LTC to be useful as currency. In fact, I believe in the next altrun LTC will outperform ETH from time to time, which warrants a flipping between ETH and LTC if you like such a play.
Litecoin will wake upHello friends , show your love and push like button . litecoin update : it is interesting that from 5 aprils analys nothing has changed , check related ideas down below . bearish trendline is about to end , rsi shows huge positive divergence as well , bearish volume is decreasing and everything is getting ready for a bull run for litecoin , as i said manytimes i belive in supercycle and i dont consider it finished untill litecoin is above 1000 $
see you there
Litecoin LTCUSD - Ascending triangle! + new ATH soon!- If we take a look at the chart, we can definitely spot an ascending triangle.
- We have very important double top resistance right at the ALL TIME HIGH level.
- RSI is prepared for a next pump!
-1.1618 FIB = 10 000 USD Profit target.
- Litecoin (rank 15) is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
LTCBTC:Is the bearish cycle about to end? The trade of the year?LTCBTC, as we can see on the charts have been on a massive downtrend for a couple years. Price tried to break above the resistance line (long term trendline) but failed to stay above. For many that could be a bad sign but in my experience that usually happens often when price is showing signs that the trend could reverse, in this case, could be for the long term because the analysis is based on the higher timeframes.
Important factors to mention regarding price action:
Price held nicely above the Monthly demand area. Price bounced creating a weekly demand, tried to break the trend but failed and returned to its original price point. Once again, this time price managed to bounce after creating a double bottom on top of the weekly demand previously created, which aligns with the monthly demand.
Price is currently sitting above a 4 hour demand area creating plenty of support.
With that being said, we are soon to be facing a daily supply area (marked in red) which could either make price push down again or keep price in a range between the daily and 4 hour levels. (I do believe the daily area will be broken, taking the liquidity of the sellers in that area).
The level that I will be looking the most is the Weekly supply (marked in violet) above the dynamic resistance (trendline). I do believe that that is the area that will challenge price the most.
A good sign would be for price to break the dynamic resistance and in the near future end up breaking the weekly supply zone, which will make price to rally and provide massive returns to the long traders. Failure to break the daily area or get above the dynamic resistance will invalidate the idea.
LTC - Big Moment Hi, this is my new update for LTC. In the last 3 weeks LTC has risen over 70%, but some other coins have already risen more than 100% and they are also above the SMA100 and the SMA200. Right now we are above both the SMA100 (174$) and the resistance 180$, if close todays candle above it then we are ready to test the SMA200 (192$). There are many resistances in the range between 180-210$ but once we clear all of them then we have to fill the gap between 210-280, we call it easy gains. ;) So be patient good things take time.
LTCBTC: Finally... Time to Grow!!!
Hey traders,
It looks like LTCBTC is finally ready for a strong bullish rally:
the market formed a huge double bottom formation on hourly
and broke and closed above a resistance line of a major falling wedge pattern.
The growth is expected to 0.0041
❤️Please, support this idea with a like and comment!❤️
Is Litecoin dead?? Probably yes...:)
Price of LTC is currently around 160USD. BUT this price is going up bcs bitcoin is growing...
Check the chart litecoin/bitcoin. This chart is still in downtrend. This is more then 3 years long downtrend!!
If (maybe not) litecoin breaks the red bearish resist then we will see big bullish rally on this coin.Targets for LTC/USD will be 500USD and more.
If not, then...in this case is better to trade another coin :)
Watching out LTCBTCAs everything is clear on the chart, you can consider long or short positions depending on what market decides to do in next hours.
With risk management you can also consider a long on consolidation between the support and resistance.
Consider the linked ideas as well.
Best Regards,
Median Eagle.
LTC Big Move Coming??!looking at the Litecoin BTC chart and you notice a lot of price action against this downtrend support/resistance, we are currently right on this resistance and we seem to be slipping below this level, now i think we could see a potential drop in sats, we gotta be careful treading along the bottom of the bollinger bands, this could very well induce a pullback if we continue to ride the bottom. Something you notice on the bollinger bands is that we are beginning to squeeze which means volatility is shrinking and we could be in for a big run, now the only problem is that we don't get an idea of which direction, personally i think we will see the move to the upside just based on the fact that the market is waking up again and getting back into bullish mode. Looking at the pivot points we definitely have some work to do, we need to get up and above this bullish pivot point where we could get an overall trend reversal because its clear we are stuck in a downtrend since late May. Checking out the MACD we are looking a little bearish, we are coming up soon on what looks like a bearish cross unless we see an unlikely bounce, our histogram is getting close to that midpoint where we could soon see some red bars, i think this will likely be a short term pullback if we see one and then i imagine we will see LTC start to wake up a bit, very key is first of all reaching that pivot point and staying above that and also not getting stuck under this downtrend resistance! Not financial advice just my opinion!
Litecoin LTCUSD - Road to 10 000 USD! + Ascending triangle!- Litecoin (rank 15) is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment.
- If we take a look at the chart, we can definitely spot an ascending triangle.
- We have very important double top resistance right at the ALL TIME HIGH level.
-1.1618 FIB = 10 000 USD Profit target.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Lite Coin (LTC) - July 31Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(LTCUSD 1W Chart)
If the price is maintained above the 93.716-118.500 range, we expect the uptrend to continue.
Uptrend lines (1) and (2) are meaningless trendlines.
To become a meaningful trend line, the price needs to rise above the 164.500 point to sustain the price.
(1D chart)
If the price is maintained in the range of 118.500-164.500, it is expected to turn into an uptrend.
In order to continue the upward trend, it must rise above the 177.410-184.200 section.
If it declines from the 93.716-118.500 range, it is likely to enter the mid- to long-term investment zone as the support zone is weak.
Accordingly, careful trading is required.
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(LTCBTC 1W chart)
It remains to be seen if it can move above the 0.005486 point and turn into an uptrend.
(1D chart)
We need to see if we can find support by moving up to the 0.004187-0.004484 section.
Since it is located in the mid- to long-term investment area, careful trading is required.
It needs to move above the 0.004484 point to continue the uptrend.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
LTCUSDT Bullishsalam dustan
LTCUSDT bad az modati tulani (HTF) az channel nozulie khodesh kharej shode va ba tashkile descending channel nozuli yek Impulse ghavi tuneste az khanal kharej va breakout kone
baraye vorud montazere descending channel nozuli dar time frame pain (LTF) bashid va bad az khuruj b samte bala mitunid vorud konid
nazare shoma chie
agar ba man movafeghid Like konid
por sud bashid
mamnun
LTC > Trendline Breakout > Next Move?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of LTC.
According to my technical analysis, Litecoin will go up as it just broke a major trendline and we are expecting a retest to the trendline.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.