Ltcusdanalysis
believe it or not ... LTC still to $1000 !!check out out previous prediction for LTC in the related idea below ... it just moving on it !!
what happened that after breaking the diagonal dashed resistance line , price reached first target n then tested the same resistance line again as a support
and as we can see strong rebound right now which means that previous resistance flipped to strong support
nothing to worry about .... LTC still going to $1000 in my opinion
we maybe have another bearish scenario if a daily candle close below $164 other than that never sell
LTC to explode soon !!! Structures are pretty similar if you compare it with september fall
Just overlayed the fractal and we get a price target of about 1400USD
which is also respecting fibs if we overlay fib from 22USD to 380USD (most exchanges mark LTC top as 380 so took this as median level)
DYOR
THis is not investment advise
LTC short to 203
1) The five-wave Elliott wave series started on December 10th at $75 and ended at 337 on Apr 17th giving a good 4-month run-up in a beautiful 5 wave series, here are few confirmations why I think this is a 5 wave series:
a) Wave 1 started low at $70
b) Wave 2 is a zig-zag correction of W1 at 61.8% correction at $119
c) Wave 3 extended a little over 100% of Wave 1 to $246
d) Wave 4 is a zig-zag correction but sine Wave 2 is a longer correction, Wave 4 is a shorter correction ending around $153
e) Since Wave 1 & Wave 3 are short waves, Wave 5 is extended to 100% of the distance between the start of Wave 1 & Wave 3 i.e.(246-71=175) so Wave 5 started from $153 and went up by another $175 so total $153+$175=$328 (FIB 100% extension)
2) So, now we know that the perfect 5 wave Elliott series completed, what's next? I think it's going to be a BIG CORRECTIVE WAVE for the whole 5-wave series. Corrective waves are of three types Zig-zag, flat, and triangle correction, and the retracement can be at the following levels also touching the bottom of the long-term monthly channel coming from December 2020 :
a) FIB 38.2% - $234
b) FIB 50% - $202
c) FIB 61.8% - $171
e) FIB 78.6% - $125
I personally think that the market will retrace back to FIB 50% retracement at $202 before it picks back up again.
Appreciate everyone's feedback, happy trading
LTC/USD LONG SET UP (HODL)LTC/USD lLONG SET UP)
BUY AT- $265.00/ $255.00/ $245.00
SL $230.00
TP.1- $300.00
TP.2- $325.00
TP.3- $350.00
TP.4- $375.00
Support: $265.00/ $255.00/ $245.00
Resistance: $300.00/ $325.00/ $350.00/ $375.00
LTCUSD - RealityThe reality of this coin is that complete liquidation from the whales is not over yet. We are creating key structure to the left which at some point will need to get purged before we shoot for a new high.
ATH soon and than new ATHsWe'll test the ATH at 370 than maybe we'll have a small correction and if we break the ATH we'll have three targets for long term
715 (90%)
1062 (184%)
1322 (260%)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
LTCUSD BIG POTENTIAL BUY/LONG INCOMING!Technical Analysis
1. Pennant Pattern Breakout
2. Waiting for the pullback before we re-enter to reach 340.00 which is at Fibonacci Expansion 1.618 Take Profit Zone
3. Fibonacci Retracement and 1st Take Profit has been completed.
4. Waiting for Fibonacci Expansion 2nd Take Profit
Note, should there be consolidation at Fibonacci Level 1 (Grey Zone) we will prepare for a push up without the pullback
The entry point for the pullback is at 205.65 and Take Profit at 340.00
LTCUSD - LONG- patiently acquiring positions HODL!
Movement will come, direction is waiting for enough positions to take it off or will come down to
see if there is positions left to take liquidity wise. "Patience is Key"
Most probable chance is a a buy limit at 208-215.
Best of luck Traders!
Comments are welcome! Have your say.
Triangle patternFirst of all, I apologize for not being able to update the analysis due to personal issues.
In the daily chart, the first target of the uptrend can be around $ 526.
In the 240-minute chart over review, a Triangle Pattern is under formation, of which it could have ended in this point or it could have extended up to the $ 177 range in the e-wave, and then the ascending movement begins.
We can get the main confirmation for the uptrend, when the price crossing the range of $ 217
LTC may test 180 - 165 support then to $500as we cans see the short resistance black line which litecoin failed to break it 3 times.
a daily red engulfing candle has closed below the black resistance line..
it will be amazing opportunity to catch any ltc between 180 -165
once a daily candle close below 160 ... we can say at that time that we are bearish
but till the moment we r completely bullish and $500 - $1000 is coming !
believe or not .... LTC TO $1000 in that caseLTC shows strong bullish ascending channel so far and strong support , faced resistance $250 before n wouldn't able to break it .
once we close a week candle above $370 so we can predict $1000 easily
Please click Like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
💡LTC: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021📈#LTCUSDT
➡️Entry: 163$
🎯Target 1: 190$
🎯Target 2: 205$
🎯Target 3: 225$
LTCUSD H&S FormationNO trade until confirmation.
👇 Follow for more daily forex content and education 💪
Good luck to you!
Don't forget to like and share, it really helps.
Stay tuned.
This is just an idea, not financial advice.
LTC/USD LONG SET UP Title/(Date): LTC/USD LONG SET UP
Asset:CRYPTO
Symbol: LTC/USD
Order Type: Market execution/BUY LIMIT
Time Frame:1D
Entry Price 1: $196.50 (ACTIVE)
Entry Price 2: $186.50 (Pending)
Stop Loss: $176.50 (200 Pips)
Take Profit 1: $216.50 (200 Pips)
Take Profit 2: $236.50 (400 Pips)
Take Profit 3: $256.50 (600 Pips)
Take Profit 4: $276.50 (800 Pips)
Take Profit 5:$296.50 (1,000 Pips)
Status: 🚨Pending🚨
LTCUSD short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
LTCUSDT 4H-TIMEFRAME ANALYSIS✨LTCUSDT 4H-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for Litecoin LTCUSDT
I expect the price to move higher...
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
LTC "W" Pattern Completed, May Go for CorrectionHello Dear Traders,
LTC performed great in this altseason, we also called it from 60, all Targets achieved in few weeks.
as u can see in chart LTC is facing heavy selling pressure form weekly supply zone.
Last week candle closed strong bearish and its indicating reversal frm here.
Also it successfully completed W Chart pattern, now its time for healthy correction towards 80-100$ again.
As we know Crypto is getting huge adoption worldwide, if something magical happens then only my idea of LTC will get invalidated.
Chart is clearly indicating next few weeks will be bearish.
LTC chart analysis 6/03/21LTC can do both way. Its slow selling trend is not over yet but strong selling trend is over. Its strong first buying trend is over but second buying trend is not over.
FIRST BUYING TREND LINE
From first buying trend started on 1st feb and lasted till 23rd feb and on 23rd feb its daily candle closes below the trend line meaning buying trend is over. On the same day it went up from $157 to $173 and continued buying (high $205) till it touches the first trend line at $200 (on 25th feb) and then bounced back from that as it becomes resistance. so this strong buying trend is over as market fell by touching this trend line.
SECOND BUY TREND LINE
on 23rd feb it fell down from $208 to $157 and then it was bought from $157 to $205 and forming 2nd buying trend line. on 28th feb market went below this 2nd buying trend line all the way low $152 but closes above trend line showing that this trend line is still honored and continued its 2nd buying tend up to $196 in just 4 days giving 35% potential profit. now market is above this 2nd trend line.
FIRST SELLING TREND LINE
1st strong selling trend starts on 20th feb falling from $247 and continues till 28th feb touching $152 and on 1st march its first selling trend was over as daily candle closed above the selling trend line at $175 signaling that first selling trend is over and it is bought till touches $196.
SECOND SELLING TREND
Second selling trend starts on 4th march when it started selling from $196 to $168 on 5th march. now it is on the edge of 2nd selling trend line and 2nd buying trend. if it closes above this 2nd selling trend line than it can go to $203, $230 and last target will be $247 and if it closes bleow the 2nd trend ine then it can sell down to $162, $150 and final support will be $121.
FOLLOW THE CHART IF YOU WANT TO TRADE LTC.
LTCUSD - IHS, Short Target of </+ $160 USD, then Local High TestGood Evening,
After a bounce back from the recent local low, we are trending up some now. Selling pressure increased at the top of the neck line and prices are moving slowly back down. Normal process for the IHS and also a retest of the recent bull flag breakout.
