LTCUSD D1 LONG PRICE ACTION FORECAST Price action is currently under bearish forces, heading towards the rising trendline for a retest and bounce to upper levels. We could appreciate a compelling bullish momentum in most cryptos as they already test their support levels.
Then is Litecoin can manage the breakout of the resistance level from the rising triangle formation, this could bring the price to the 62$ handle
The order:
Type: buy-limit
S/L: 320 pips - R:R | 1:2.7 -
T/P: aiming towards the resistance from the ascending triangle.
Ltcusdlong
Waiting for Dump Towards 32$ for long Target 90$ (New Bull Run)🛑Pair: LTCUSD
✅Current Trend: SIDEWAYS
✅Daily Base: LOOKING SHORT Correction 38$
✅Weekly Base: Dump expecting if BTC dump.
Comments : We see long bull run once LTCUSD hit major support level 28$ to 32$ currently all market under uncertainty for 2nd wave COVID-19 and Crypto also reject to take over stock market in march 2020 when all market crushed, that time crypto also crushed hard 4000$ in just 30 min. so that means Crypto Market Also following the same pattern of the stock market.
🛑SUPPORT/RESISTANCE
✅S1= 38$
✅S2=32$
✴️R1=44$
✴️R2=56$
LTCUSDt signal (LONG)Hello friends.
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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
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It's not financial advice.
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Litecoin 12000%??? | LTC Price Analysis 2020-2021Hi guys and gals and welcome to the new update on Litecoin. The LTC is moving very well between the different patterns and we will talk about those moves and we will also discuss the different indicators and the moving averages as well.
Up channel and EMAs
Like every top altcoin the litecoin also has formed an up channel. And sometimes it is moving above the exponential moving averagea 10 and 21 and sometime it was moving sideways with these EMAs. At this time the price action has almost broken down the EMA 10 and 21 and likely to have a bounce from the support of the channel:
The different harmonic moves within the channel:
Price action of Litecoin is forming the different harmonic moves with the continuation within this up channel. And every time when it enters in the potential reversal zone of any pattern it takes powerful bullish divergence successfully. First of all the price action formed a bearish Butterfly move then it formed bullish BAT pattern. After the successful formation of BAT pattern it completed the formation of bullish cypher and now it has completed the formation of another bullish BATT pattern and entered in the potential zone of this BAT. This PRZ level or buying zone starts from $43.51 up to $. 67. From here LTC can again take the powerful bullish divergence. However we should set the maximum extent of this potential reversal zone as our stop loss. Because if this PRZ level will be broken down then the price action may move more down to form a bullish Crab.
Simple moving averages on daily chart:
On the daily chart the 50 simple moving average has formed a bull cross with the 100 simple moving average. But the price action is still moving down and at this time it is having the support of 100 SMA. If the 50 simple moving average will form the golden cross with 200 simple moving average then the price action can move more up restart an another bullish rally. Because golden cross between 50 and 200 SMAs is considered as a very strong buying signal among the trader's community.
Simple moving averages on weekly chart:
If we watch the simple moving averages with the time period of 50 and 100 on the long term weekly chart then it can be clearly seen that when back in 2016 the 50 SMA crossed up the 100 simple moving average then it leaded the price action to turn very strong parabolic bullish that produced more than 12000% rally. This time again second time in the history of LTC the 50 simple moving average again formed a bull cross with 100 simple moving average on 3rd Feb 2020. But there was a big difference between the previous bull cross and current bull cross, because the previous bull cross of 50 and 100 SMAs was formed below the candlesticks and that is very strong bullish signal but on the other hand the current bull cross between 50 and 100 SMAs was formed above the price action. Therefore even though this golden cross pulled the price action up but at the same time it was working as a resistance for the priceline. And the price action could not breakout this resistance level of the moving averages and moved down.
Simple moving averages on monthly chart:
For any big move I am looking at simple moving averages of monthly chart. Below you can notice I have placed two simple moving averages with the time period of 7 and second is with the time period of 50. The 7 simple moving average is very significant and has very importance role to produce any big move.
On the below chart you can observe that back in Jan 2017 when the 7 SMA crossed down the priceline the it produced more than 12000% bullish move. Then again in March 2019 the 7 moving average crossed down candlesticks then it produced more than 274% bullish rally. Now at this time the 7 moving averages is very close to the candlestick even it is touching the upper wick of the candlestick and showing the tendency to move down again. this time the 7 MA is already in bear cross with 50 simple moving average. Once the 7 SMA will again cross down the price action and start lifting the priceline upward then it will also form a bull cross with 50 simple moving average as well. And that will lead to a very powerful long term bullish move.
Conclusion:
The price action is already in the potential reversal zone of bullish BAT and has the good support of 100 simple moving average. If the seven moving average on the monthly chart will provide a support to the price action then we can soon witness a very powerful bullish move.
LTCUSD LONG TRADE SETUPPlease manage your risk. Use Stop loss. And do not take blind entries.
If you have question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
Market can go in the opposite direction, what we analyze. so we have to manage our risk and adopt the situation accordingly.
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).
LTC For the WinSo I know BTC went where I said it would last week. ETH is busting a move. ADA off and running told you guys about that one. ETC big winner told you about the fork. Now LTC is the redheaded step brother of BTC often under estimated. ALWAYS follows BTC. Ever since the to not be named founder sold his stake and predicted it's devaluation it has never run the same but expect a breakout tonight. Enjoy this run guys.
Litecoin - Let's Long After Selling at $200 - LTC Silver HedgeBitcoin got its golden cross so Litecoin should follow. In 2017, Litecoin reached $80+ before Bitcoin reached $5,000. Bitcoin is now $8,800 after touching $10,000 so Litecoin should follow. If you trade BTC pairs, you know what is up. Mining BTC has become inefficient due to the halving. ASICs are now dedicated toward LTC. Once they have completed their accumulation process, they will use their Bitcoins to pump up Litecoin in the BTC pairing markets, triggering algorithms to buy LTC with fiat. Silver is already super bullish and forming a new base, let's start accumulating again. We probably won't be sell it again for $200+ like in 2017 since there is no more crypto frenzy, but since you can buy this in Robinhood, the stimulus checks may fuel the pump. The same traps from 2018 are still being played. This week, the institutions decided to release news about the Hong Kong protestors, making Bitcoin futures contracts super attractive on May 22, 2020. They then proceeded to dump Bitcoin during the weekend when nobody can close their position for profit. Now they will slowly prop up Bitcoin back over $9,000 as Asian Exchanges get propped back up through seeing the strength of Bitcoin. Once Wall Street opens, Bitcoin pumps and destroy all down contract buyers. No wonder Trump is so at ease and golfing so much during this weekend.
LTCUSDt AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
chart looking bullish
U can open a long-pos on a broken channel retest
Targets: 48$ - 54$ - 60$
(after first target will reached move ur stop to breakeven)
growth cancellation if we rollback and consolidation below 42$
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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.
Also open to your questions or suggestions(PM to me).Will be glad earn some money for me and you.
Long Bullish Toward 65$ Resistance LTCUSD Holding support level 38$ and Teachnially coming days expecting Pump towards Resistance level 50$ and 70$.
🛑SUPPORT/RESISTANCE
✅S1= 38$
✅S2=33$
✴️R1=48$
✴️R2=65$
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LITECOIN ($LTC): Has Charlie been Accumulating into the Halving!✨ New charts every day ✨
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What's up gang? Today we are looking at that Silver to Bitcoin's gold Litecoin (LTC). BTC has been rallying into the halving which will occur May 11th. With only two days to go until the halving, it makes sense for LTC to do a bit of a catchup run. The goal here is to enter long on support and then ride the uptrend to the next resistance levels. Let's see if we can't ride that wave.
Resource: coinmarketcap.com
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1. Fractal Trend is signaling an uptrend (Blue bar color) on the 1 hour chart, and that means we can take long setups with our strategy.
2. With the strategy, we are looking to open a long position after a reaction from either a bullish orderblock plotted by Orderblock Mapping or a S/R level plotted by Directional Bias.
3. S1 and S2 look like they will act as support in the current uptrend assuming that we get another pullback here before going up.
4. Although it'll be important to watch how price reacts in R1, our target for both positions is the cluster at R2.
5. Our stop for the S1 entry is set below the lower orderblock, while our S2 stop is located below the previous short term swing low. This will help us to potentially avoid a liquidity hunt of our S1 entry but likely be the move that fills of our S2 entry.
6. To reduce risk, we will exit all positions if stop losses are hit or if Fractal Trend turns bearish (Maroon bar color) indicating a downtrend.
Good luck family :)
#LTC/BTC Long term 250%+ Potential Profit.Hello everyone welcome to this update.
If you're looking for some long term investments, LTC is one of my favourite pick.
Let's get back to the chart.
The chart seems very bullish right now.
This certainly seems the bottom of this Chart.
Whenever LTC touches the black Long term Trendline support we have seen massive rally in LTC.
IMO This could be the best price to accumulate some LTC and add it to your portfolio.
Technically:
Double Bottom in Macro TF : Very bullish Structure.
Bullish Divergence in RSI.
Seems like a good point to accumulate here.
Stop Loss will be : 0.046 (In case it prints a new low which is unlikely)
If you like my work please hit that like button and follow me for latest Crypto updates.
#PEACE
LTCBTC BUY zoneHi Guys!)
Take a look on LTC. It is in good BUY zone. Especially it was not showing good growth on LTCUSDT chart yet. I think it has good growth potential.
If you compare two charts LTCBTC and LTCUSDT you can see that it always had good bull run in LTCUSDT after it was in BUY zone LTCBTC. For example compare price on two date in chart on 26 dec 2019 and 11 dec 2018 and action after this dates.
On LTCUSDT chart we also near BUY ZONE.
Anyway think your own head and decide what to do!) Trade in profit!
Litecoin/Bitcoin Potential Major Bottom (LTC)This is the double bottom I mentioned in the last post as you can see it settling on the red support and green support.
Overall the btc pair looks really good.
My main confirmation is when I start to see the 3day and weekly start to show signs of green for a long term hold.
I wouldn't blame you if you got very aggressive around here for a long term hold.
Just need to see that trend change and support hold as we approach it.
Have an awesome day!
Litecoin Playing Games. (LTC)The best buy signal will be when we break the downward green Resistance. That's where we get interested for long term as the weekly is starting to show a turnaround to the upside but still very early and not green yet.
We cracked the red upward support and now have bounced into an area where Resistance sits from old support.
Has wiggle room to go around 54$ but it would have to move along the Resistance to get there.
If all S&R holds it might be possible to see a drop to the $23-$25 previous low level.
If you pull up ltcbtc you will notice that we have a potential double bottom but currently formed under Resistance.
I say place buy limit in mid 20s in case of a drop. See if we can build some accumulation
Will update on the weekly close as btc pair approaches this double bottom on btc pair
Not aggressive on this one just yet.
Let it breathe.
Have an awesome day!