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Ltcusdlong

LTC - mid term trade setupLTC dumped, as most of the crypto market. Overall crypto future is still uncertain but I like this chart. LTC hit support and create some wicks which indicates buy pressure. Long term trendline is also retested, Stoch RSI is oversold. Risk/reward ration here is acceptable, I'm targeting 50% gain. When LTC dumped last time it retraced exactly to 0.618 Fib. For this trade I'm looking also at this level which is also daily resistance (red box). If LTC dump under 130$ I'm closing this position. Long term hodl position doesn't have anything with this trade.
BITSTAMP:LTCUSDLong
by Philippe_0x
LTCUSD: Catching the Intraday Move LTCUSD - Intraday - We look to Buy at 143.77 (stop at 134.00) We look to buy dips. 141.00 continues to hold back the bears. Further upside is expected. We look for a temporary move lower. Indecisive price action has resulted in sideways congestion on the daily chart. Further upside is expected although we prefer to set longs at our bespoke support levels at 141.00, resulting in improved risk/reward. Our profit targets will be 164.00 and 170.00 Resistance: 160.00 / 170.00 / 190.00 Support: 141.00 / 130.00 / 110.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LLong
by Saxo
1
#LTCUSDT 50% Potential Rally Ahead! Bounced from Golden Pocket! #LTCUSDT:- Probably one of the best-looking alt in multiple tf. Seen some profit booking after the recent pump. $199 level is the Golden pocket (.618 fin level) area and an important support level. It's great anywhere between the $190 to $220 area! I will be accumulating between these levels. Must continue its rally towards $300. I have two possible scenarios in mind which I've drawn in the chart. Please observe! Invalidation will be a close below $178. Do hit the like button and share your views in the comment section. Thank you
Long
by Cryptorphic
7