LTCUSDT
LTC/USDT - Potential Short ScenarioHello Traders!
LTC price continues to move within the descending trend. The downside phase is nearing completion.
The culmination of the downward price formation will be the departure of the price under the support level of $39.30
We can consider medium-term purchases in the range of $29.50 - $39.30
Targets will be price levels of $63.00 and $83.00
Good luck, and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
#LTC/USDT TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#LTC/USDT is lying on a very strong support level and RSI we can see some bullish diversion move
ENTRY: $50- $55
TARGET: 25%
SL- $47
LEVERAGE- 2X TO 5X
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
LITECOIN (LTCUSDT) the last chance (bottom) and the range marketHello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Litecoin prints a triple bottom and breaks out As you can see in the chart this is a book long, Lite-coin has managed to hold very well the support of 41.5 touching it three times that signals a triple bottom pattern.
The pattern is confirmed once the price breaks the highest point between the bottoms that is 51.7. It broke out and now we have a wonder full entry after the retest of the breakout.
I will enter a long position now at 53.2$ and i will take profit at 64.5$ and set a stop loss order at 50.5$ .
I will be glad to see what do you think in the comments and if you agree with me give me a like, it helps a lot.
LTC Possible full cycle correctionHi everyone,
In regards to litecoin I see immense problems. We broke the overall trend line and even tough we are at good support currently Litecoin gives no reaction on these levels. Zooming out into the bigger picture we see a possibility of a full cycle correction. Given that possibility Litecoin will correct like crazy. First support is around 30 dollars. After that we even might be going to 10 dollars to the 0,618 fib level. Keep in mind that prices are currently trading at around 60USD per Litecoin...
At times we will see that litecoin was leading the crypto market, if this still is true, the outcome will be desastrous for a lot of coins.
The chart speaks for itself, I base my idea on overall trends, fibonacci and elliot waves.
Like allways this is no financial advice.
Can Rise on Demand (LTC/USDT Update) 📈📉HEY ,SUP GUYS and Girls !
Welcome to my new update today ,
In my first analysis that I posted for LITCOIN , it was able to reach my final target, but in second on it couldn't breakout the mid-line and as I said it declined (200% long (1x)🎯💰 ).
So today as we can see in Weekly time frame for LTCUSDT, That has reached a historical and important support and Demand zone , that can start to rise from here according to bars pattern , but it also depends to overall situation of crypto market and , because bitcoin has lost 20k lvl , so the altcoin subsequently can lose their support , so in the case if litcoin loses the current support zone it can even see lower dynamic support.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
Short term bullish on crypto? Litecoin
Intraday
We look to Buy at 44.05 (stop at 42.82)
Preferred trade is to buy on dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 43.50. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 47.44 and 51.29
Resistance: 51.00 / 56.00 / 74.00
Support: 44.00 / 41.61 / 30.00
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Litecoin is posting higher lowsLitecoin
Intraday
We look to Buy at 43.64 (stop at 41.44)
We look to buy dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 43.50. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 50.73 and 54.19
Resistance: 51.00 / 56.00 / 74.00
Support: 43.50 / 41.61 / 30.00
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.
26% DOWN in 1 DAY!!!Litecoin
Intraday - We look to Sell at 45.89 (stop at 47.18)
Preferred trade is to sell into rallies. A sequence of weekly lower lows and highs has been posted. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today.
Our profit targets will be 41.13 and 39.19
Resistance: 45.00 / 56.00 / 74.00
Support: 43.00 / 35.00 / 30.00
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.