#LTCUSDT 3 Day Important Technical AnalysisLTC broke the $140 support level.
Lower buy range which also happens to be the resistance turned support levels is in the range of $71 to $84.
Not interested to buy here.
If you are holding long, Place SL around $92 and take profits above $118.
What's your thought on this?
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#PEACE
Ltcusdtlong
Litecoin can rise 15-20%Litecoin held pretty well during yesterday's selloff and the coin couldn't drop to make a new low, instead confirming that bulls are very strong under 100 figure.
At this point, we can speculate that a double bottom is forming on short time frames, with the neckline at around 110.
In my opinion, dips towards 100 should be bought and, with the pressure lifted from the sell-side in the crypto market, a break above the neckline is very probable.
Short term traders can target 125 resistance for their buy orders and negation comes with a drop under 95
LTCUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Nothing has changed from my last idea.
Entry: market and lower
Target: 180 - 220 - 240
after first target reached move ur stop to breakeven
Stop: ~100 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to ~5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
💥LITECOIN CUP & HANDLE - TO HIT $400, $500, $600 & $700Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
With this cup and handle pattern on Litecoin, I expect a steady growth to the respective prices ahead.
Litecoin formed a very big cup pattern, followed by the handle in a triangular pattern.
An upward breakout from this triangle will take price upward to the moon. A steady growth.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
LTCUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
We have completed the potential EndingDiagonal(ED) and concurrently wave (c). Now we will develop a correction of the fall,
let me remind you that I adhere to the fact that according to the LTC we are in a large global triangle of wave (4) after which there will be a very large increase in this asset.
open pos: market and lower
target: 180 - 220 - 240(250)
after first target reached move ur stop to breakeven
stop: under ~125 (depending of ur risk). ALWAYS follow ur RM .
RR 1 to 6
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!
LTCUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 290 - 320 - 350
after first target reached move ur stop to breakeven
stop: ~196 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
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 your questions or suggestions.
#LTCUSDT 50% Potential Rally Ahead! Bounced from Golden Pocket!
#LTCUSDT:- Probably one of the best-looking alt in multiple tf.
Seen some profit booking after the recent pump.
$199 level is the Golden pocket (.618 fin level) area and an important support level.
It's great anywhere between the $190 to $220 area!
I will be accumulating between these levels.
Must continue its rally towards $300.
I have two possible scenarios in mind which I've drawn in the chart. Please observe!
Invalidation will be a close below $178.
Do hit the like button and share your views in the comment section.
Thank you
Litecoin, buy or sell?BITFINEX:LTCUSD
If Bitcoin is the analogy for "gold", Litecoin is the analogy for "silver", now the fundamentals of the Litecoin suggest to buy or sell? My latest research shows that the Litecoin factor can explain 88% of the the logarithm of Litecoin price.
The Litecoin factor indicator is calculated by Litecoin fundamental factor, it can reflect how much of the Litecoin price is supported by the fundamentals.
The green line is the Litecoin factor in the chart, the trend of it are in conformity with the price.
the orange line is the correlation coefficient between the Litecoin price and the Litecoin factor in the 8 years, its value in November 16, 2021 is 0.86, shows that the Litecoin prices are mostly by the Litecoin factor influence.
Yellow line is Litecoin forecast price, the Litecoin factor, and the linear regression method are used to calculate. You can see, the prices fluctuating around the predicted price, it is in line with the principle of price fluctuates around value.
The purple line is determination coefficients (R2) of 8 years logarithmic Litecoin predicted price, which represents the prediction accuracy, the value of 88% on November 16, 2021.
The blue line is factor indicator, which swings between -1 to 2, red background when early warning index greater than 0.8, the price in the peak, said green background when factor indicator is less than -0.6, the price in the trough.
On November 16, 2021, the factor indicator of -0.82, is near of -1, shows that the Litecoin price is near of the trough.please pay attention to the buying chance.
Do you think you should buy or sell Litecoin now? Please comment, we communicate each other.
Litecoin- Possibility of 30% riseAfter confirming 140-150 zone as strong support, Litecoin has risen also in October and has reached 200 zone resistance.
A correction followed and new support was formed at around 175
At this moment LtcUsd is trading again in 200 zone resistance and a break looks imminent
As long as 175 support is intact I'm looking for higher prices and 260 resistance is my target