Litecoin to turnaround?Litecoin - 24h expiry - We look to Sell a break of 73.78 (stop at 75.81)
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A higher correction is expected.
A break of bespoke support at 74, and the move lower is already underway.
Our profit targets will be 69.01 and 68.01
Resistance: 76.00 / 77.55 / 79.50
Support: 74.00 / 71.00 / 69.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Ltcshort
LTCHello from the hamster cage! =))
The new stable - BTC prompted me to return to scalping these weeks, total: 10% to the deposit within 1 week. Either there are no nerve cells left, or I am confident in my trading system, but my emotions have become much less.
LTC has completed the 4th wave of growth, now we are forming wave 5.
There is also a zone of imbalance and SMMA playing the role of resistance on 3D timeframe.
Besides I expect to see a classic bearish divergence when the wave 5 is formed.
I will start taking some short positions in the red zone.
At the moment I am considering longs when the price comes to 73.47, 71.97, 70.46
Happy New Year everyone! This year, I promise myself to diligently keep a diary of situations and finally get into YouTube. I want to do reviews on trading, but I can’t decide in which language: English or Korean =(
What do you promise yourself in the new year?
LTC SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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: Litecoin
Intraday - We look to Sell at 55.35 (stop at 56.51)
Bespoke resistance is located at 55.00. We are trading at oversold extremes. We look for a temporary move higher. Preferred trade is to sell into rallies. 55.54 has been pivotal.
Our profit targets will be 52.41 and 51.41
Resistance: 53.00 / 54.00 / 55.00
Support: 52.00 / 51.00 / 50.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LTC: No relief for crypto yet!Litecoin
Intraday - We look to Sell at 55.14 (stop at 56.15)
Previous resistance located at 55.00. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. Choppy price action seen. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 55.00, resulting in improved risk/reward.
Our profit targets will be 52.72 and 41.01
Resistance: 55.00 / 58.50 / 74.00
Support: 50.00 / 44.00 / 41.61
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LTC SHORT to $100-$80Following is my analysis on LTC going SHORT in the next few days
1) The purple wave 1-2-3-4-5 went from $25-$413 from 12 MAr 2020 to 08 May 2021
2) After great impulse comes correction A-B-C wave,
Wave A retraced 78.6% FIB a perfect 5 wave down series in GREEN
Wave B is a perfect 3 wave series in PURPLE
Wave c should be a 5 wave series down so its right now doing subwave 4 in BLUE
Wave C or Wave (5) in Wave C will end around $90 before it makes any move up to complete the full correction
Summary :
LTC going to short to $90 in the next few days
Appreciate everyone's feedback, happy trading
LTC 1WEEK IDEAHEY GUYS
LTC is going to have a pullback soon
whales and big traders saving their profit after 3 green weeks usually
much vol and staking litecoins still remain and working to start a super 2022
good position
powerful momentum
good volume
it will break the roof after this pback or maybe ranging til 2022
everything depended on BTC dominance
good luck
LTC finishing retracement before reaching $500LTC pattern have been different from BTC and makes it much interesting to follow.
Good bull run needs some retracing and seems like LTF is fominrg head and shoulders pattern here. Expecting to reach fib 0.382 level from where we will bounce towards $500. Ultimate target for LTC during this run is around $1500.