Litecoin Weekly View - February 2023Hello Guys, Weekly Analysis is on the LTCUSDT Symbol in a 1H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
LTCUSDT
Double Top at LTCUSDT. It is going downOn the medium-term timeframes LTCUSDT, another figure is identified by my publicly available scripts.
This time it's a double top. Therefore, with sufficient probability, we can expect that the next significant movement will be - DOWN.
All figures on this chart are built automatically by my scripts available for free to every tradingview user on my page: www.tradingview.com
LTC short if it follows through the levelLTC short if it follows through the level. T1 and T2 respectively. Looking for sweep of liquidity at the trigger level.
Litecoin posted a double top.Litecoin - 24h expiry - We look to Sell a break of 94.48 (stop at 96.23)
Posted a Double Top formation.
Short term momentum is bearish.
An Evening Doji Star formation has been posted at the high.
A break of the recent low at 94.52 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 90.11 and 88.11
Resistance: 97.50 / 98.50 / 100.00
Support: 96.20 / 95.20 / 94.52
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LITECOIN ROADMAPHi, I hope you are profitable and doing well
With the wave counter I had on the LTC, I realized that we are inside a diamond diametric. We are now moving towards the $150-170 channel and this wave that is being completed is wave D.
I think this symbol is still bearish in large time frames.
Comment if you have any questions
Thank You
LTC looks good Now i have A B C These are possible scenarios.
what's your expected scenario from ABC?
please comment
check my previous Ideas.
NOTE: this is not a financial advice.
LTC ROADMAP Hello, I hope you are profitable and doing well
With the wave counter I had on the LTC, I realized that we are inside a diamond diametric. We are now moving towards the $150-170 channel and this wave that is being completed is wave D.
I think this symbol is still bearish in large time frames.
Comment if you have any questions
Thank You
Litecoin LTC/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Chart timeframe is on the weekly.
I drew in the missing data with the squiggly line. From smaller wave 1 to 5 it took us about 7 years to complete it. This wave has now became wave 1 of a bigger trend cycle. We are working on wave 2 and the bottom could be in or we might have one last leg down with a -93% drop from the top. I placed wave 2 bottom there just incase we do go lower, if not the wave 2 is where the -89% drop is. Wave 3 on the bigger trend should take us roughly 8 years to complete. My prediction is based off of elliot wave rules with wave 3 being the wave that cannot be the shortest wave of either 1 or 5. The price target of wave 3 is roughly $690. This is not a moonshot target and it's a target that I know LTC will surely reach. I will draw a chart for a moonshot target underneath this post.
R/R Ratio: 7.68
Possible upside: 599%
Possible downside: -78%
LTCUSDTLitecoin's halving is scheduled on 3rd Aug of this year. Last time in the year of its halving it did really well. The dates marked in maroon are the dates of halving.
05 Aug 2019 was the previous halving and it pumped really well. One thing to be observed here is the run continued till the mid of June and not until the date of halving. A similar pattern of breakout which was observed last time can be seen this time as well.
The % marked shows how much it pumped last time and its comparison to this halving run.
LTCUSDT Weekly View - February 2023Hello Guys, Weekly Analysis is on the LTCUSDT Symbol in a 4H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
$LTC/USDT 2D (#BinanceFutures)Descending trendline on resistanceLitecoin is approaching overbought territory and seems likely to be rejected on 200MA.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 10.1%
Current Price:
81.93
Entry Targets:
1) 83.61
Take-Profit Targets:
1) 65.01
Stop Targets:
1) 96.04
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +44.49%
Possible Loss= -29.73%
#Litecoin Rips Higher, Posting Over 2X from NovemberPast Performance of Litecoin
Litecoin is trading at Q1 203 highs when writing, looking at the performance in the daily chart. The coin has reversed losses of early this week, and buyers are in sync with gains of the better part of the second half of January. Per the current candlestick arrangement, primary support lies at around $90.
#Litecoin Technical Analysis
LTC is up by more than 100% at spot rates, trading in a bullish formation. The rejection of lower prices supports buyers who can look to double down on dips above $90, the primary support. At this pace, every low may be a loading opportunity for aggressive traders angling for $120 in the near term. Note that the February 1 bar has high trading volumes, which is overly bullish.
What to Expect from #LTC?
Buyers are confident, and the immediate trend has been established following gains in February. LTC looks likely to extend gains as it bottoms up from last year's lows. This preview is valid in the short term as long as the coin trades above $90.
Resistance level to watch out for: $120
Support level to watch out for: $90
Disclaimer: Opinions expressed are not investment advice. Do your research.
LtcWe are currently moving in the 4-hour channel
If we want to see a movement correction for the next goals, the first support is the midline of the channel, and after that one of the three green lines.
Resistances are also specified
LTC : INCREASE VIEWLTC seems one of the interesting coins that show a volume range from June 2022, and until now in 2023 it still gains.
interesting to see if it's able to gain new levels and to increase to first target of $122
Litecoin - Are you a Bob -Trader ?Hi Traders, Investors and Speculators of the Charts 📈📉
The continues market cycle between Bitcoin and altcoins can clearly be seen at the moment. It goes something like this:
🤩 Bitcoin goes UP ... Bob Fomo buys the rally
🤔 Bitcoin corrects ... Bob panics and sells
🤑 Altcoin rallies ... Bob thinks, screw BTC, I'm going all in on this altcoin
😨 Altcoins correct ... Bob panics. Altcoins are scams! Sells everything
🤩 Bitcoin goes up .... Bob Fomo buys the rally
Moral of the story... Don't be like Bob. Don't try to FOMO in whilst the price is going up. Plan your trade, preset your TP and SL.
Interested in another alt with massive upside potential? Here's a low risk high reward setup on LINKUSDT :
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CryptoCheck
Litecoin update #LTCLitecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
$LTC/USDT 3D (#Bybit) Descending trendline breakout & retestLitecoin regained 200MA Daily support and seems ready to head back up towards 100EMA.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (1X)
Amount: 9.1%
Current Price:
62.63
Entry Zone:
61.18 - 54.30
Take-Profit Targets:
1) 72.98
2) 84.46
3) 95.93
Stop Targets:
1) 44.99
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +26.39% | +46.28% | +66.14%%
Possible Loss= -22.08%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1.7x
Estimated Gain-time= 3-5 months
#LTCUSDT #PoW #MimbleWimble #Blockchain #Dino #Mining
Websites: litecoin.org litecoin-foundation.org
Important price action zoneLitecoin strongly broke the resistance of the 0% Fibo range. The next resistance is $101.70, and the third is in the $107.10 range. These two levels are an important price action zone. Also, the target is one of the moving targets of the previous upward wave. So, in the daily time frame, if a negative divergence is formed on the chart, we can expect a price correction with a high probability. Also, breaking the bottom of the ascending channel can be another price reversal warning.
