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Ltcusdlong

Litecoin |A pull back before the next rallyPreviously we have seen that the price action of Litecoin was expected to have breakout from the resistance of triangle. Now the price action has broken out the resistance and spiked beyond $94. On daily chart, the price action of LTC has found a strong resistance at $91 and formed double top at this level. The priceline has also good supports of exponential moving averages 10 and 21 as well. On daily chart, the price acton of LTC has also found a good up trend line support. Now the price action is moving down towards this support again. But in order to re-test the support breaking down of 25 SMS is must. The Other SMAs with the time period of 50, 100 and 200 are also moving up to provide the support to price action. On 4-hour chart, the price action of LTC is also forming a bullish Shark harmonic pattern. The potential reversal zone of this pattern starts form $78.73 and ends at $77.18. If the priceline will not take bullish divergence from this PRZ level then it may re-test the support of up-trend line on daily chart and from there it will start the next bullish rally. Conclusion: We have a very good supports of 25 SMA on daily chart and potential reversal zone of bullish Shark at same level. If these levels will be broken down then the priceline may move more down to re-rest the support of the trend line.
COINBASE:LTCUSDLong
by moon333
1
LTCUSD 1D ROAD TO $100, $115, $130... ATHCrypto is in mainstream news now more than ever and growing at a healthy pace. LTC had that Paypal news and also it was announced that Crypto will have S&P and Dow Jones Indexes which is pretty insane. Price targets are based off of the coins historical movement, the resistance lines are previously touched at some time. This chart is mostly for me to track my own trading but also sharing so I can learn more about technical analysis.
COINBASE:LTCUSDLong
by SnyyperT
1
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 $013 LTC has a nice trend but we should get a retrace soon after hitting its mark. Lets see how this above forecast goes with the price action. Note: I'm sure the Paypal announcement with LTC has something to do with it. Cheers, S.SAri
Long
by ssari
2
LITECOINIf my trendiness are right (which they may not be) we have broken out of this pattern...would I would like to see is a return to the descending diagonal with a hold and then holy guacamole...SEND IT! Target of 75 for first profit... The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
BINANCE:LTCUSDLong
by RozeRoze
LTC/USDT possible inverse H&S Ltc/usdt Possible inverse head and shoulder this pattern is bullish but not enough I put analysis days ago about best buy area of LTC one of them after break of 52$ 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
by Babenski
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:
Long
by ssari
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
COINBASE:LTCUSDLong
by harisonhbn9718