#LTC taking back bullish territory #Litecoin & #Bitcoin will see a good week ahead for taking back some bullish territory.
I am expecting Litecoin to make moves against the USD EITHER WAY this week;
however will LTC move up and independently of BTC??
Historically, no.... BTC moves and LTC typically follows.
We've seen several POS tokens break up while Bitcoin crabs sideways like
$XTZ and $ALGO making 11% moves against their BTC pair.
LTC is currently testing and trying to break upwards above the current
consolidation zone. LTC is following a similar pattern of many OG coins in the space.
I'll be watching for closing candles above 0.005 level resistance to long which would
line up with the major bullish cross on the MACD. Then after a confirmed
breakout reducing my some of my LTC position for Satoshis near the 0.0056-0.0059 levels.
LTCBTC
Lite Coin (LTC) - June 3Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(LTCUSD 1W Chart)
Above the 141.170-165.850 section is expected to maintain an uptrend if supported by the highs.
(1D chart)
We need to see if we can find support at the 185.426 point and break out of the short-term downtrend line.
To convert into an uptrend, it needs to rise above the 200.760 point and find support.
A decline from the 168.149 point could lead to below the 133.593 point, so trade cautiously.
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(LTCBTC 1W chart)
It remains to be seen if the experience of touching below the 0.003779 point in the past and leading to a big upside holds up again.
(1D chart)
We need to see if it can move above the 0.005303 point and break out of the downtrend line.
If it falls from the 0.004492 point, you need a Stop Loss to preserve your profit.
However, it may follow an uptrend line, so you need to trade cautiously.
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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 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.
------------------------------------------------------------ -----------------------------------------------------
** 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)
Litecoin (LTCUSDT ) Ready for $450 ...?#LTCUSDT TA Update:-
$LTC currently trading at $186
I am Short term bullish on $LTC
Support 1 is my entry point.
Entry:- $175-$187
Buy partially only not once
Targets:- $228/$308/$458
SL:- If daily time frame any candle close below $175 then exit
I am Only buying in spot.
Support: $175/$141/120
Resistance:- $228/$308/$458
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
Litecoin (LTCUSDT) Inverted H&S bullish Pattern & Target $300..?#LTCUSDT TA update:-
$LTC currently trading at $195
And looking good for fresh entry.
Because beautiful Inverted Head & Shoulder pattern worked in Chart.
Entry:- $184-$196
Targets: $220/$250/$292
Stop Loss:- Below support 1
Guys I am buying in Spot.
Leverage is too risky right now.
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
LTCBTC at major resistance, major bullrun possibleThis can be the start of a major parabolic run if it breaks above resistance and breakout of the channel. A parabolic run in March was predicted in my previous idea. If for some reason market turns and LTCBTC is rejected at both resistances, then the run will be delayed for a couple of months.
#Litecoin (CRYPTO: $LTC) Looks Ready To Go Parabolic 🙌Litecoin (LTC) is a cryptocurrency . Users are able to generate LTC through the process of mining. Litecoin has a current supply of 66,752,414.51538747. The last known price of Litecoin is 350.57887555 USD and is up 2.94 over the last 24 hours. It is currently trading on 738 active market(s) with $7,743,108,924.32 traded over the last 24 hours.
Don´t tell me I didn´t know. Hello Trenders,
If you here right now scanning between thousands of chart analysis, this one may do it.
Now even my grandmother knows that Litecoin will double its value in USD this year.
What she doesn´t know is... the motherfu.kin Litecoin may skyrocket x10 from this new bottom and pay for my next vacation like it did every cycle.
The double top was broken just enough to be ready for mooning. Volume is speculative like the masters of Litecoin. Trend looking good, time to buy some.
This trade may take 7 months.
For who wants to mine Pi minepi.com can use the invitation code (Tradingindicator).
M.M.M (Make Motherf.ckin Money)
Invest your money wisely, do not do it for the game, do it for the money.
BTC Dominance...The strong declining trendline of Bitcoins market dominance on the Ichimoku Cloud has seen a big pullback after the recent flash crash. Some consolidation and cooling off after the dump could then lead to BTCs dominance to fall further, allowing Alts to make huge gains in between BTCs fluctuations.
Most Bigcap alts have seen a solid increase in % when paired with BTC, the correction has reset many indicators back close to oversold territory, suggesting once things do stabilise, new ATHs for alts could quickly be on the cards.
Lite Coin (LTC) - May 19Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(LTCUSD 1W chart)
(1D chart)
We have to see if we can get support and climb in the 275.766-288.058 section.
If it goes down, we need to make sure we get support at 251.182.
It must rise above the 324.934 point to turn to an uptrend.
-------------------------------------
(LTCBTC 1W chart)
(1D chart)
We have to see if we can get support and ascend in the 6655 Satoshi-6926 Satoshi section.
If it falls, we need to make sure we get support in the 6115 Satoshi-6261 Satoshi section.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
LTC LIKE DOW JONES?Hello everyone,
I have been a long time to write about LiteCoin(LTC), but i have been always an eye upon it since May 2020. I learned alot from this coin about my trading plan. Never go away from an asset when you believe it from the beginning.
My analysis on the chart aims to illustrate the uptrend and to show that the fall is a correction like the others before.
If LTC catch lower prices, it will take more momentum and will follow a stronger uptrend.