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Ltcusdanalysis

LITECOIN Parabolic move - Will it reach 330.00 level (.786 Fibo)LITECOIN On December 2017 year end Litecoin has visited the high level around 430.00 And seen a rapid selling from that level and the earlier 2000% gains were wiped out entirely and it has started its upward journey In 2018 December as we can see the cycle repeats itself during the year end as its pumped around 500% which is a 25% of the previous year end jump. And from January month onwards its again started to falling towards 25.00 level. And we can see that 25.00 level has acted as strong support for the bull. Since end of 2019 this level has not breached and bear failed at this level. From October 2020 the parabolic move has stared and its still running and its has managed to reach 2019 high level which is 145.00 level and even LTCUSD has managed to break this level and the retest has also happened and went above the .382 Fibonacci retracement level. The next major key testing ground was 0.50 Fibonacci level comes around 220.00. From this level we can see a profit taking scenario might happen and we can expect short term fall back towards 0.382 Fibonacci. If that happened it would be a nice buying opportunity. The 50,100,200 EMA's are acting as good support for the bull and Ichimoku cloud is also supporting the bullish trend . In Bollinger band it has reached around upper side of the band short term fall back towards middle band was expected. Disclaimer! This is not a financial advice
COINBASE:LTCUSDLong
by forexorbit
LITECOIN-Battle between active and shadow area🎉 Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas LTCUSD Is trading within a triangle pattern and its about to break the triangle pattern in coming days as in recent days most of the crypto currencies are trading within a confined range. LTCUSD is currently trading above the.382 Fibonacci level and around key price action level where we can expect some resistance to the bull. 50.305 area is acted as both support and resistance for the past 08 months. If the bull want to remain in control it has to broke the key price action level. If its happened then the next upside swing target would be around 64.00 is the place where we can see a previous left and right shoulder pattern was formed in the august month. During the initial period of pandemic it has seen a massive sell off due to the lost in market confidence and the investors flew in to safety. From March 13 LITECOIN is in uptrend after this period the bear cannot take control. If the Key price action level was broken then the next upside hurdle would be a .50 Fibonacci retracement level comes around 54.140.If LTCUSD managed to bruise through the shadow area we can expect massive upside or downside rally. But the current market condition is supporting the bullish rally 💌 Leave your valuable comments and suggestions related to this idea in the comment section. Thanks for your time. Good day guys 💝
BITFINEX:LTCUSDLong
by forexorbit
Litecoin- Bearish Triangle is formingLTCUSD After reaching the 69.00 level price felled towards 45.33 and got some minor support and bounced up to 49.50 We can see a triangle formation in a bearish trend which will further triggered the selling of litecoin In 4hr timeframe head and shoulders pattern is formed and the bullish trend line is also broken on September 02, 2020 with the long bearish candle The price is just below the 50.00 mark which is a major psychological level and acting as a resistance level. just above at 50.71 the 61.8% Fibonacci level is also acting as a resistance The next target would be 40.00 which is also a major psychological level and low volume area and profit taking area. At this level we can expect minor rebound of LTCUSD. Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas Disclaimer It’s not a financial advice. Do the analyze and take a decision.
COINBASE:LTCUSDShort
by forexorbit
2
LTCUSDt signal (LONG)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. IDEA WITH GROWTH IS RELEVANT ONLY IF BTC WILL RISE, KEEP EYES ON BTC!!! open pos: market targets: 46 - 47.3 - 50 after first target reached move ur stop to breakeven stop: under 42 (depending of ur risk). ALWAYS follow ur RM . Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. Good luck. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Open to your questions or suggestions(PM to me).
Long
by trytofeelpositive
2
LTCUSDt AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. until we are higher than 42.5 we're bullish targets: 53 - 55 - 57 after first target reached move ur stop to breakeven stop: under 42.5 (depending of ur risk). ALWAYS follow ur RM . Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Open to your questions or suggestions(PM to me).
Long
by trytofeelpositive
3