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Ltcshort

LTC is losing Momentum the LTC price has remained stable during the past 24 hours. However, at the time of writing, LTC seems to be in bad shape after a massive drop down since late week Will the altcoin recover and push above $170 yesterday , I am thinking it will drop deeply caused by : 1- Head and shoulder formation on Weekly chart 2- Negative sentiment remain bearish within the last 2 weeks especially when price reached the the highest price for LTC @ 242 its noticeable the sellers still controlling the market through volume delta chart analysis ibb.co 3- Bearish Ingulfing for last week candle suggested selling from 180 as long as the price below this level. 4- Bitcoin remain bearish as long as 49600 still above the price and this will influence LTC momentum. I will be glad getting any comments regarding this :)
Short
by Nashwan
1
LTCBTC SHORT SCALP 2021/02/26Entry 0.003900 SL 0.003959 TP1 0.003879 TP2 0.003862 TP3 0.003847 TP4 0.003829 DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
Short
by cryptotraderog
2
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
LITECOIN BREAKOUT|STUCK IN THE RANGE? Litecoin has had its own breakout against the dollar, just as every other asset, as the DXY is falling like a rock. However, as this breakout is universal, that means that it is a sign of the dollar weakness, not a sign of any particular strength of any asset per se. That means that as soon as the dollar finds its bottom, Litecoin, having broken the resistance, might have a chance to get stuck in a range outlined on the chart. Currently, following the range logic, the decline might proceed till the first minor support. Then LTC either bounces to retest the resistance, or the support fails and we get to see how the green line stands. A possible long near the support line, a certain long at the green line, possible short at the red line. Always try to wait for a confirmation. Thank you for reading, like and subscribe and have a nice day.
KRAKEN:LTCUSDShort
by ProSignalsFx
2
LTCUSD SHORT 7%LTC has formed a diamond pattern setting up for a trend continuation or reversal of over 5% from either APEX. LTCUSD is now trying to hold on to support at $42.05 and is now testing the lower diamond trend line. Upon breaking the trend line followed by a confirmation of a break of the diamond apex a move of 7% downward to just above $39.05 should complete. A bearish break is is supported by the overall trend, declining of RSI, MacD and OBV on the 1, 4 and 24 hour time frames. An upward break out of the diamond would invalidate this analysis. Technical analysis only. Not investment advice.
COINBASE:LTCUSDShort
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