LTC Short IdeaWith the markets range bound, there is a idea here to take price back down since we've taken out the range high.
Invalidation is a new higher high from here.
Stop losses likely on the way down are plentiful.
LTCPERP
LTC 4H BUYLTC 4H support is at ~$75
Enter 50% at the current price
and try to set some BUY orders near the support zone
If LTC stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
LTC 4H BUY (Mid-Term)LTC 4H support is at ~$71
Enter 50% at the current price
and try to set some BUY orders near the support zone
If LTC stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
Litecoin: Attempting to Break Free From a Multi-Year-DowntrendA few years ago Litecoin was trading at this very level and at the time the idea was that it would eventually make a higher low and give us a Bullish Bat-Action-Magnet-Move which would result in LTC confirming a harmonic W structure and revisiting the 88.6% Retrace Above to Finalize a Bearish Bat Pattern; After many months we finally set in the higher low we were looking for and began to go for the 88.6% Retrace to complete the pattern, once hit we began what would now soon be a Multi-Year-Decline.
However now we seem to be showing Signs of Seller Exhaustion in the form of Double MACD Bullish Divergence and an Oversold RSI and now it is testing the Downtrending Line to see if there's enough supply there to keep it down or if the sellers truly are too exhausted to continue this downtrend much longer. If the trendline breaks Bullishly which i do think it likely will my First target will be to take us back to the level this downtrend first bagan (the initial zone of reversal) which i labeled "The Danger Zone" back before the intital Bearish Reversal happened but if things get truly insane I think it could see as high as the 1.618 Fibonacci Extension at $700-$2200 depending on rather or not you're looking at it from a Linear Scale or Log Scale basis.
Along with that LTC since around Nevember of last year has been showing Bullish Variables against it's BTC Pairs, The Total Cryptomarket Cap, and Oher Individual Alts such as BCH and ETH. It would be alot to go into the full details of all of those variables here in this post, but i have posted these variables live as price action has progressed over the years so if you want to see the details of these variables, I'v listed them below in the Related Ideas Section.
LTC 6H BUYLTC 6H support is at ~$53
Enter 50% at the current price
and try to set some buy orders near the support zone
If LTC holds above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
LTC 1H BUYLTC 1H support is at ~$110
Enter 50% at the current price
and set some buy orders near the support zone
If LTC holds above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
LTC 12H ResistanceLTC LH resistance is at ~$152
We will buy LTC again once it breaks the resistance and stays above the trendline
Cheers
LTC 3H BUYLTC 3H support is at ~$205
Enter 50% here
and try to set some buy orders near the support zone
If LTC holds above the trendline,
the Take-Profit target would be $221.5, $231.5, and $252.6
Cheers
Litecoin: Dump or Pump?Seems as if LTC is going up in a rising wedge. LTC pumped out some nice gains this last week. What do you think?
**Please comment, like, and follow. Trying to build a base as a beginner. Any feedback is appreciated.**
**This is NOT financial advice**
LTC long till 190$Setting bids for LTC around $163-$160.
A retest of H1 Demand will keep the bullish structure intact for LTC, Target price is mentioned on the chart.
Litecoin Inverted H&S Hello Traders,
IMO LITECOIN is forming and inverted H&S.
I expect a correction for Bitcoin and Litecoin will do the same.
185-195 usd is a strong resistance and a key level, a breakout and close above on weekly tf will give a strong bullish momentum, until then 160.5-165 is a good place to buy cheap.
Don't overleverage.
LTC LONGLTC is gaining strength and broken to upside
i think we see some upward momentum if btc allows and good R:R so worth taking
LTC 1H BUY & SUPPORTLTC 1H support is at ~$180
Try to set some buy orders near the support zone
If LTC holds above the trendline,
the Take-Profit target would be $191, $215, and $230
LTC 1D BUY & SUPPORT (LONG-TERM)LTC 1D support is at ~$150-$170
Also try to set some buy orders near the support zone
If LTC holds above the trendline,
the Take-Profit target would be $190, $220 and $250
LTC 2H SupportLTC is now sitting on 2H support (~$170)
It's time for LTC to make a decision
If LTC holds above the trendline,
the Take-Profit target would be $195, $212, and $238
LTC 1H BUYLTC is now sitting on 1H support (~$177)
It's time for LTC to make a decision
If LTC holds above the trendline,
the Take-Profit target would be $215, $235, and $250
LTC 2H BUYLTC is now sitting on 2H support (~$180)
It's time for LTC to make a decision
If LTC holds above the trendline,
the Take-Profit target would be $215, $235, and $250
LTC 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
TAKE PROFIT on LTC 2H SELLTaking more profit here
Not buying LTC until it stays above the trendline
Wait for the next BUY signal
LTC 30m BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
LTC 2H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
