Ltcusdlong
LTC (Y20.P5.E1).Macro.ForecastRef. C.chart
Hi All,
Based on a the structure and the current price action which broke the lead in trend line , this then becomes a bullish chart.
We can observe the structure and how the fib levels resonate with it. I have 2 targets for LTC.
1st Target, being a double top and it has confluence with the 0.5 fib level and on the 1.618 fib extension, from $80.5 to $86.5
2nd Target is based on the inverted barr point in the structure which correlates to the 0.382 fib level. Price from $99 to $013
LTC has a nice trend but we should get a retrace soon after hitting its mark.
Lets see how this above forecast goes with the price action.
Note: I'm sure the Paypal announcement with LTC has something to do with it.
Cheers,
S.SAri
LITECOINIf my trendiness are right (which they may not be) we have broken out of this pattern...would I would like to see is a return to the descending diagonal with a hold and then holy guacamole...SEND IT!
Target of 75 for first profit...
The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
Litecoin - Daily UpdateLitecoin - Daily
Bottom Line: Higher in the subdivisions of wave (iii).
Key Levels: Below 42.38, 42.01, 43.67 Above 68.92, 84.13
Outlook: Against 42.38, the focus is on higher in a developing advance, wave (iii) of ((iii)).
Analysis: We're watching for evidence LTC ended its second wave correction at 57.17. A break above 61.98 would bolster that outlook and setup a challenge of the next key level at 64.74.
LTC/USDT possible inverse H&S Ltc/usdt
Possible inverse head and shoulder this pattern is bullish but not enough
I put analysis days ago about best buy area of LTC one of them after break of 52$
This pattern help and confirm past analysis
See here my previous idea about ltc :
We will buy ltc only if it break and closed above 52$ on 4h candel or daily candel
This trade is very low risk one because around 52$ is strong resistance multiple times rejected the price before ..once break I expect ltc will fly
And stop loss should be close again below 52$
If you search for low risk high reward trades this is one of them
Targets (take profit targets ) are shown in the chart
LTC / USD - Litecoin about to triple in value?We have an inverted head and shoulders formed inside of a potential double-bottom or W formation. If this plays out, Litecoin vs USD may soon triple in value up to ~$177-179.
Breaching above 177-179 with a successful re-test would confirm the double bottom and could lead to massive upside beyond that.
LTC Is Going To EXPLODE HIGHER *** IMPORTANT WARNING ****MartyBoots here. I have been trading for 14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market is here right now
LTC Is Very Bullish right now and will should move a lot higher
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Ltc/usdt breakout happened as expected..next targets ?I shared idea about ltc/usdt few days before
About possible inverse H&S formation
You can see here
That what Happened exactly and ltc was mooning today along with btc which is a good sign ...
What now ?
For most safe entery we should wait daily close above 52$ then buy with targets in chart
Abd stoploss daily close again below 51.5$
LTC.USDT (Y20.P4.E1).Looking to go longHi All,
With the Paypal announcement, LTC got a media boost (my opinion) along with BTC, ETH and BCH, as I can recollect.
If you pay attention to LTC recent history, it was doing average but with this, as in the past, LTC supporters (like XRP or LINK) will jump in, that's the perception I get.
For me, don't care. Go with the Chart until your stopped out.
As for the chart, I have a few trend lines that make sense, as resistance and support.
Below I have the macro structure and until it breaks the upper trend line (in red), there will be that grey cloud over LTC.
The macro chart has the inverted BARR structure and its likely to break this sometime soon in the coming weeks. This is when you should go long long on LTC.
BTC had a similar scenario, back in April.
For the short term, I'm bullish and we can the levels of resistances above.
Defi coins will get their turn however they are yet to bottom out.
Bearish scenario, if the rejection pushes the price to $50 or lower, it will take some time for LTC to gain momentum.
Just play it smart and have your stop losses tight.
What are your thoughts as BTC dominance has some more room to the upside.
Please give me a like or tick for this post.
Cheers,
S.SAri
MACRO overview:
Updates: Litecoin broke up the ascendent triangle!!!Ok, as Litecoin continue up, the price at the moment is $48 USD. So, in H4 Litecoin validated the support line that form this bullish channel and we see a Litecoin that is leading to the $51 USD, that is my target. And we see that we're bullish in Litecoin in H4 timeframe. so, I put my break even in my entry price that was $46.80 USD, so, my risk/benefit is 0, that mean that I do not loss or earn, So, my position and my own money is protected by break even.
And then, we hope that Litecoin is did a retest on the $47.80 USD to then continue to bullish toward the $51 USD.
Good luck on this position
Long Position: Litecoin in the good bought zone!!!In this analysis, we see in H4 that Litecoin show a bulls resistance above of $46 USD. So, I put a buy order limit at $46.80 USD, my SL at $44.30 USD and my own target profit will be the $51 USD.
In Daily timeframe, Litecoin is in this bullish channel, but the expectative is so bearish as Bitcoin do. So, more later I will going to make an overview on Litecoin on Daily and weekly timeframe to be prepared which is the next movement on Litecoin huge!!!
Good luck on this position!!!
Message:
I choose the broker called Phemex and I yet stuyding this crypto-broker because I want to accumulate more altcoins for my crypto-portfolio that soon will be reveled here to show what cryptocurrency I'm intereresting to accumulate. At the moment, I use Prime XBT that I can to trade Bitcoin, Ethereum and Litecoi nas my favortive crypto. But more later, I will going to trade Dash, Cardano, Ripple, Chainlink, Tezos and more cryptos to earn in the next bull rally!!! And also, to become a crypto-trader!!!
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 💝