LTCUSDT to hit weekly support and bounceThe price hit the monthly and weekly resistance confluence MR1+WR1 and got rejected from there. Currently the price is facing pullback due to that rejection. Next signifiant support is the weekly support where the price is likely to be headed. I expect the price to touch this weekly support zone for a good bounce. By the way, prospect of this one is looking good as it has pushed itself up strongly and moved beyond the downward trend line. The next strong support level is weekly support WS2.
Ltcusdtanalysis
LTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Entry: market and lower (im in pos from 77.3)
Targets: 105 - 115 - (125-140)
after first target reached move ur stop to breakeven
Stop: ~75 agreesive, or 65 conservative (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 6
risk is justified
Good luck everyone!
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Litecoin Halving Soon,what's Next?#LTC UPDATE
LTC is creating a symmetrical triangle pattern in this daily time frame
(basic about symmetrical triangle pattern)
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
#Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
#The breakout or breakdown targets for a symmetrical triangle are equal to the distance between the initial high and low applied to the breakout or breakdown point.
#Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
The upper trendline is acting as resistance right now, and if it doesn't break out of this pattern, we may see a retest of the lower level of this pattern, which is also the golden level of fid retreatment. After the breakout of this pattern, we can anticipate a very strong bounce.
LTC is encountering resistance at $102 but market sentiment indicates a breakthrough is on the horizon. The best exit place for short-term investors would be in the $130–$140 region if this barrier is broken, at which point LTC might start a bullish run.
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
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LTCUSDT at daily support, long favorable towards 91 and upSo the price has hit the daily support as expected in the last short idea from weekly resistance. Now this is an opportunity favoring long here. I believe the price shall bounce from this daily support. towards the next resistance zone around 91 and probably further up to weekly resistance WR1. It might dip a bit further lower but that should not scare us from this long opportunity.
LTCUSDT Elliott Waves AnalysisHello 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 (im in pos from 77.3,my stop in breakeven but if i get stop i will reopen,until we above 65 main targets 120-130 is relevant)
Targets: 105 - 115 - 125
after first target reached move ur stop to breakeven
Stop: ~66 (depending of ur risk). ALWAYS follow ur RM .
RR: 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
Ltc Breakout Ltcusdt
The price of LTC/USDT is currently attempting to break out of a horizontal resistance level and a symmetrical triangle pattern simultaneously.
If the breakout is successful, we anticipate a massive bullish wave to follow. However, it is important to manage your risk and conduct your own research before making any investment decisions.
Please note that every investment involves risk, and there are no guarantees in the cryptocurrency market. Therefore, it is crucial to exercise caution and make informed decisions.
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LTCUSDT Elliott Waves Analysis (Local Setup)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 (im in pos from 77.3)
Targets: 105 - 115 - 125
after first target reached move ur stop to breakeven
Stop: ~65 (depending of ur risk). ALWAYS follow ur RM .
RR: 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
LTCUSDT : Long Trade , 4hHello traders, we would like to check the chart of LTCUSDT in 4 hours time frame. The price is moving in an ascending channel and has made a correction towards the bottom of the channel as well as the key level identified around 85.00 price and has quickly returned. We expect this level to maintain the uptrend and the price will rise again to around 101.00. Good luck.
LTCUSDT Elliott Waves AnalysisHello 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 (im in pos from 63.1)
Target zone: 80-85 and 90-100
after first target reached move ur stop to breakeven
Stop: ~48 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 2.5
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.
LTCUSDTThe LTC was so much on hype and even I was expecting more up moves but after analyzing the chart what I found is: LTC rejected 2 times from the resistance and break the support line of the rising wedge pattern. Now the flow is going downside and it may reach the support area.
I hope you will like this idea. Please don't forget to like and follow for more upcoming ideas :)
PLESAE NOTE: Kindly manage your risk! This analysis is based on the chart trend, pattern, EMA & RSI . This is only for the education purpose.
#LTC breakout this bullish flag pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
LTC/USDT
LTC broke the bullish flag pattern
The price broke through the resistance line, which has now become a support line.
I am going long on LTC at CMP with SL $75.20
This is not financial advice (DYOR)
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
#LTC: POSSIBLE SCENARIOS!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#LTC
LTC breakout this descending triangle pattern which is a bearish pattern currently we are on the support of 63$.
here we have two possibility
First Possibility
If LTC did a daily close above 63.8$ then
we will accumulate LTC between 63$ to 64$
with SL 60$
Second possibility
If LTC did a daily close below 63.8$ then
we will accumulate LTC between 584$ to $59
with SL 54.5$
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you