Litecoin propped up by trendline?Litecoin
Intraday
We look to Buy at 55.72 (stop at 53.90)
60.00 continues to hold back the bulls. We look for a temporary move lower. Prices expected to stall near trend line support. We expect a reversal in this move. Preferred trade is to buy on dips.
Our profit targets will be 59.99 and 62.00
Resistance: 60.00 / 72.00 / 96.00
Support: 55.50 / 47.00 / 22.00
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.
LTCUSDT
Litecoin looking long? Litecoin
Intraday
We look to Buy at 58.71 (stop at 56.40)
Prices have continued the bullish move higher and resulted in 2 consecutive positive days. This is positive for sentiment and the uptrend has potential to return. We look for a temporary move lower. A Fibonacci confluence area is located at 58.20. Further upside is expected although we prefer to buy into dips close to the 58.20 level.
Our profit targets will be 64.42 and 68.00
Resistance: 64.50 / 72.00 / 100.00
Support: 58.00 / 45.00 / 22.50
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.
Litecoin LTC - New bull market! The downtrend from 2018 is over.
In my opinion, Litecoin will never die because it was the first altcoin, forked from the Bitcoin blockchain in 2011.
On the weekly timeframe, we have a falling wedge and the price is currently breaking out!
As per my Elliott Wave analysis, a massive impulse wave has been finished and that's why I expect at least a retracement.
The profit target is at the strong horizontal resistance + wave (4). I think we should really go here and then maybe we can go even higher.
This is the LTCBTC chart and my profit target is +176% vs BTC. Of course, in terms of USD, it will be much higher!
I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
Litecoin - LTC Could +300% 🚀Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
With this chart, I propose my trading idea with a potential of 300% profit for Litecoin / LTC / LTCUSDT . Currently, we're trading at the accumulation phase of the Wyckoff Method. This means that there may be multiple buy opportunities at low prices until a clear bottom is established (when the majority of investors decide that they are not willing to buy lower than a certain price). In other words, I'm not stating that the price will go up 300% straight from here - however, if you accumulate some LTCUSD here and you're patient enough to wait for targets and trade according to a plan, there exists the potential for 300% profit.
1st Take Profit point:
2nd Take Profit point:
3D Take profit point:
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CryptoCheck
Litecoin is boomingLitecoin
Intraday
We look to Buy at 55.28 (stop at 53.17)
A sequence of intraday higher highs and lows has been posted. We can see no technical reason for a change of trend. We look for a temporary move lower. Support is located at 55.00 and should stem dips to this area. Dip buying offers good risk/reward.
Our profit targets will be 59.94 and 62.00
Resistance: 60.00 / 80.00 / 100.00
Support: 55.00 / 48.00 / 25.00
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.
LTCUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target zone: 68-75
Stop: ~46 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, 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!
Open to any questions and suggestions.
Litecoin vs Tether (Weekly & Daily)By the request of one of our great followers, I am doing Litecoin vs Tether (LTCUSDT) today.
Here we go...
Weekly, we look first at the harmonic pattern:
On this same peridiocity, we have two reversal candles:
These reversal candles come after a -8 on the TD Sequential, giving more strength to the signal as a reversal signal.
These are strong signals and both are pointing to a pullback.
The weekly RSI is also at its lowest ever.
The daily timeframe is the main chart above and some of the signals we see on the other major altcoins charts are present here.
The "same pattern".
Prices moving above EMA10 while challenging EMA21.
And a strong increase in trading volume after June 13.
These signals are not very strong but the Altcoins market tend to move together and many Altcoins from this same group are already trading above EMA50 and EMA100.
While Litecoin doesn't necessarily needs to follow, this is the most likely scenario.
Conclusion?
Litecoin is more likely than not to grow vs tether in the weeks to come.
Namaste.
LTC LITECOIN USD : UPDATE LITECOIN STILL ON TRACK TO $10KLIKE, AND FOLLOW IF YOU APPRECIATE THIS CONTENT. COMMENT BELOW AND LET ME KNOW WHAT YOU THINK, THANK YOU.
I did a chart on Litecoin a while back showing my target of $10k with many reasons fundamentally why it will happen. This chart is on the 8 month timeframe and its a pretty nicely formed bullish pennant. Whether its a pennant or a bull flag some may argue, it doesnt matter the measured move of the pole will still bring it to $10k. Sounds ambitious? Well go back and see what kind of moves Litecoin has made in the past. I believe that the hyperinflation event coming up for the USA will trigger this type of price action and not just for Litecoin but for the rest of the crypto space as a whole as people bail out of traditional markets and fiat and try to preserve their wealth while the USA resets its currency. @without_worries posted a chart similar but his target is about $5k. Our reasoning is the same on why this price will be reached. This is not trading or financial advice this is just my opinion. Thank you and good luck out there.