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Ltcusdanalysis

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
BINANCE:LTCUSDShort
by GWBFX
1
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.
Short
by mbn_global
1
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.
by cryptomania0786
2
LTC 12h Small correction up, and then down to $100Today's idea is to analyze the movement of the LTCUSDT price on a shorter timeframe within the framework of our global idea. We recommend that you re-read it now , and then come back here. Two weeks have passed since the publication of the global idea, and what do we have? Now our expectations are being met and the LTCUSD price did not go above $168-170 , the high was $166, after which the price move down. The most positive scenario for LTC that we see now is growth to $149-150. After that, most likely, the price will move down to test the first liquidity zone of $97-100. We have schematically showed the approximate price movement in the LTCUSDT pair for the next six months in a global idea , so like and comment , so that it will always catch up with you and remind you of itself. And we will publish corrective ideas similar to today's one as the LTCUSD price moves. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
4