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Ltclong

LTCUSD: Good opportunity for LongAt D1, the cloud is directing upward, indicating an uptrend. The RSI moved down to the level of 50 and the price found support on the Ichimoku cloud. At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe. Besides, you can see how the Falling Wedge Pattern is being formed and RSI is at the oversold level, which indicates the weakness of sellers. We recommend buying LTCUSDT at the end of the Falling Wedge Pattern (near the 50% Fibonacci level) and take the profit near the level of 68.
BITFINEX:LTCUSD
by QubitLife
5
LTCBTC Long 25% - Double Bottom SetupLTCBTC appears to be in the process of forming an Adam and Eve double bottom presenting a possibility for two swing trades . Learn more about the pattern here: thepatternsite.com Aggressive risk takers can look for the good buying opportunities to open long positions now as the even portion of the bottom forms. The the first target price for aggressive traders us a retest the just short of the .005 resistance for an 11.18% gain, which upon a breakout can be held to the second target price of 0.005539 for a 25.18% gain. More conservative traders can following the trading advice on pattern site link and open a long upon confirmation of breakout above the .005 resistance and look to exit the position near the second target price of 0.005539. www.tradingview.com
by alexhiggins732
1
🚨 Litecoin Squeezing HARD! (LTC)🤔 Not much price action has changed on litecoin since we last did an analysis on it. We currently still sit below what use to be old support. It is critical that litecoin can reclaim with a move up here. Notice that we have the candles Squeezing on the Crossover strategy. Would Emma dots are showing signs of it wanting to go for a buyers market. Would like to enter if broke back above the old support level. If we compress here and turn to red we should see a point of rejection play out. I'm not the biggest fan of litecoin but it does have a good market cap and a strong userbase. We will see how it plays out, very interesting. Best of luck! Cheers! 🍺🍺🍺 🥇MLT | MAJOR LEAGUE TRADER
COINBASE:LTCUSD
by UnknownUnicorn2319099
2week Litecoin Sits Below Old Support. (LTC)If we were to zoom in on the weekly for litecoin we would see a lot of doji rejection off of old support as Resistance. The 2 week is still red across the board, even on the ema dots. My main concern is that the pennant has broke. If we fail to push up we could see a strong sell off. If sell off occurs next place to look for is horizontal support on lows in the 20s Best of luck to you. Will keep and eye out on this one, zero interest as of now for a buy. Short looks more juicy. 🥇MLT | PRO TRADERS
COINBASE:LTCUSD
by UnknownUnicorn2319099
16
Litecoin - Let's Long After Selling at $200 - LTC Silver HedgeBitcoin got its golden cross so Litecoin should follow. In 2017, Litecoin reached $80+ before Bitcoin reached $5,000. Bitcoin is now $8,800 after touching $10,000 so Litecoin should follow. If you trade BTC pairs, you know what is up. Mining BTC has become inefficient due to the halving. ASICs are now dedicated toward LTC. Once they have completed their accumulation process, they will use their Bitcoins to pump up Litecoin in the BTC pairing markets, triggering algorithms to buy LTC with fiat. Silver is already super bullish and forming a new base, let's start accumulating again. We probably won't be sell it again for $200+ like in 2017 since there is no more crypto frenzy, but since you can buy this in Robinhood, the stimulus checks may fuel the pump. The same traps from 2018 are still being played. This week, the institutions decided to release news about the Hong Kong protestors, making Bitcoin futures contracts super attractive on May 22, 2020. They then proceeded to dump Bitcoin during the weekend when nobody can close their position for profit. Now they will slowly prop up Bitcoin back over $9,000 as Asian Exchanges get propped back up through seeing the strength of Bitcoin. Once Wall Street opens, Bitcoin pumps and destroy all down contract buyers. No wonder Trump is so at ease and golfing so much during this weekend.
BITFINEX:LTCUSDLong
by FleurdelisFX
1
6 More Months 2 Accumulate... (LTC)Symbol: LTCUSD Sector: Cryptocurrency Let's talk bitcoins little brother, litecoin. Overall looking out I want us to focus on the major parallel channel range that is moving upward at somewhat of a 45 degree angle. That is our main range we are focused on playing currently. You see our current Resistance (top black dashed line) is holding strong somewhat similar to bitcoins downward Resistance at the 10k level. That pressure could force us to revisit the mid $20s - $30s range for a very nice second chance at a very sweet deal per coin. We seem to be forming a compression point under current Resistance and the top of horizontal support based off the level of the first major rally. (Circled in red) This is where we find the breakout setup to squeeze us into this tight range of prices. It "could" take up to 6 months to reach the channel support unless if we sold off hard here. Look at the major parallel channel support (green 45 degree line) We want to see that Resistance slap price down to bounce off of that support to rebound off of it and send it flying through the top black dashed line for a major breakout. I know this might sound crazy but based off of the Fibonacci extension from last major bull run could signal for a price in the high 7k range at the end of 2023. Fibonacci to me I dont take serious, I sort of just use it on the side to see how much time it would take to reach the top of the major channel with key Fibonacci levels. (It's for fun! 😁) Time after time after every major bear cycle for bitcoin has only led to bigger and better prices. I think that the total cap will exceed what it did last cycle which means higher prices for coins like litecoin. I wouldn't look to be too aggressive here, I'd sit on order book around last low for potential double bottom off of the channels current support. If that channel can hold we will likely see this play out. *Litecoin already has captured the name of many investors. It is a household name. That popularity benefits the community very much and will help it grow even easier the next cycle.
BITFINEX:LTCUSD
by UnknownUnicorn2319099
4
LTCUSD - On the way up?Litecoin or as it is still known the Digital Silver, is trying to rise from the bottom but does it extremely slowly. Now it's at weekly (and monthly) resistance and it depends on BTC which way will it go from here. This resistance is quite weak, as you can see on the chart, it usually makes its way from the first time. But even assuming some sharp rise in BTC price next to halving I don't think LTC will rise too much. Look at the chart, as you can see, each successive growth was significantly lower than the previous one, I do not think it will be different this time. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
BINANCE:LTCUSD
by Bitduke
2
LTCBTC Technical Analysis Chart Bull V/s Bear#LTCBTC TA Update: Current Price is 0.005365 BTC. #LTC Now trading at Strong Support Level. If Bounce from this Support Level then I can expect 20-30% profit from Here but if loose this strong support level; Then Ready for another 20-30% drop. I opening long with Tight SL. I wil close my Position If LTCBTC price Drop bellow 0.0050 BTC. Guys don't gambling with your Hard earned money. safe trade and Earn huge. S: 0.005350/0.004750 BTC R: 0.006320/0.0073/ 0.008140 BTC Please like and follow me for latest crypto updates. Thank you guys. please support me and like my IDEAS
Long
by CryptoPatel
LTCM20 LONG Setup Perfect Entry: FOR 1:6 RRHello everyone welcome to this update. I'll keep it short. LTC Just broke out of the falling wedge channel which is bullish in nature We are witnessing a perfect retracement on the resistance turned Support trendline. We can take a safe trade here. #LONG ENTRY: 0.005905 TO 0.005915 TARGET: 1. 0.006054 2. 0.006120 3. 0.006206 4. 0.006285 STOP LOSS: 0.005840 Risk: Reward ==> 1:6 (Highly profitable) Period of trade: 2 to 7 days Portfolio Allocation: 2 to 5% A perfect trade IMO. Please hit that like button if you agree with this setup. All the best. #Peace
LLong
by Cryptorphic
3
LTCUSD Bearish Analysis My Target $29.50#LTCUSD Bearish Analysis: current price of LTCUSd is $38. #LTC looking bearish as per Chart. if #BTC also continues fall down then we can see #LTC around $30. if break small support $34 then we can next move towards $29. so best opportunity to buy #Litecoin between $21-$30. because Very strong support of Litecoin is $21. So $21-$30 is very best opportunity to accumulate more #LTCUSD. support: $30/$21 Resistance: $45 Keep an eye on chart for more updates. Please like and follow me for latest crypto updates. Thank you
BITSTAMP:LTCUSDShort
by CryptoPatel
11