LITECOIN trade ideas
LTC breakout monitoringThis chart is simply to watch the trend and see where we are hitting the edges of support and resistance. For my longterm outlook on LTC, please go to:
LTC Likely just hit bottomFriends, lets take a look back to 2016, before the infamous 2017 bull run began. We can see a lot of similarities when we zoom out and look at a 2 week chart to what we are currently experiencing.
Pay attention to the Stoch RSI, we saw a test of a similar ascending triangle before a pullback and consolidation for about 9 months!
I am not saying we will have to wait 9 months, but it does appear to be a similar pullback and rejection. We do currently have a long-term ascending triangle support we are "sitting" on. I will be keen on watching this support as well as the green support which spans back from 2015. If these are broken, I will personally not be bullish on LTCs future.
A potential target around $4000 can be found from the ascending triangle width which started in late 2017 after the market topped and bottomed out in late 2018.
Good luck to all, I will be updating this as things go along with your support.
$LTC not doneWe are currently in bearish conditions in the overall crypto market. LTC Will see at least 47 before we reverse.
LTCUSD Short: Break of trendlineThis should be self-explanatory. Litecoin have broken down from the trendline. Additionally, Bitcoin is also on a wave 3 move down.
LTC Curve Trends I have many examples of this concept posted. I will list one of the most recent with nearly the same curves but on BTC below.
LTC - Accumulation phase coming to an end soonSo I have been accumulating LTC between 74-78$ for the last weeks. I still strongly believe it will break out of this accumalation range very soon, just when nobody is expecting it because only a few have this on their radars.
145-150$ would be the first main target, 200$ would be my main target but I actually believe it will go higher than that by the end of this cycle.
Though I think we are in the very last breaths of this cycle, maybe 3-4 more months of upside but this is just a vague guess.
My true top indicator would be both ETH and LTC making their Ath's while BTC is making a lower high. If this happens I'm out of the market.
Stay safe!
LTC/USDT Showing Bear SignsEntering into a bear market now. It's been a while sense I have posted.
Exact targets wont be given. But will be on future posts.
Bearish reversal?NZD/USD is rising towards a resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 71.15
Why we like it:
There is a pullback resistance which lines up with the 50% Fibonacci retracement.
Stop loss: 74.46
Why we like it:
There is a pullback resistance level.
Take profit: 67.13
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Litecoin - Bullish CampaignNew wave of Bullishness maybe underway. Litecoin is hitting the low levels of 68 and is likely to find a bottom. We are speculating an upside reversal that would kick off the next bullish cycle. Next resistance levels and profit targets are at 75.00 and 84.30 respectively.
LTC has nothing but time. Simple time based curves, scaled and on repeat. This gives a nice visual on how powerful time is alone. I encourage you to take a good look at how great it captures the general flow of price movement throughout.
Always long-term long on BTC ETH LTC and other OG, solid, coins.
Could Litecoin rise from here?Price is currently at a support level which is a pullback support and could potentially rise from this level to our take profit.
Entry: 70.84
Why we like it:
There is a pullback support level.
Stop loss: 67.28
Why we like it:
There is a pullback support level which lines up with the 161.8% Fibonacci extension.
Take profit: 75.07
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Litecoin to make a move soonThe “silver” to Bitcoins “gold” satoshilite, Bitcoin little. Whatever you want to call it, is one of the most successful Alt coins of all time.
Litecoin - I'm Feelin 22Nothing to do with the Taylor Swift song. Just a good old structure breakdown for Litecoin. Price really must hold here, otherwise a retest of the long term horizontal support near $22 seems likely. Not a long post. Just wanted to provide an update on this chart. This can occur even if Bitcoin merely tests something like $48k.
One reason I still follow LTC is that it's actually more actively used than Bitcoin, to an extent. It's cheaper to send and it's got more functionality, albeit not much brand recognition. The fact that it's performed so terribly is a broader indicator for the massive bearish divergence within the crypto market: value does not follow utility. Bitcoin's actual usage is very much divorced from its current price.
This tells me from a logical standpoint, that Bitcoin price is likely to come way down at some point. But as we know, markets will stay illogical and irrational. Despite there being no fundamental reason for Bitcoin's value, it can simply remain valuable. Let me be clear when I make this statement: If Bitcoin disappeared from the Earth, not much would change at all about society. We'd barely feel it. Once this is no longer the case, I'd admit I'm wrong :)
This is entirely speculative, and meant for entertainment purposes, not financial advice.
-Victor Cobra
LTCUSD Is Very Bearish! Sell!
Here is our detailed technical review for LTCUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 74.80.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 71.48 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Could LTC/USD reverse from here?Price is rising towards a resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 75.53
Why we like it:
There is a pullback resistance which lines up with the 61.8% Fibonacci retracement.
Stop loss: 79.19
Why we like it:
There is a pullback resistance level.
Take profit: 71.28
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LITECOIN Will Fall! Sell!
Hello,Traders!
LITECOIN is trading in a
Local downtrend and the
Pair shot up to retest
The horizontal resistance
Level of 76.00$ and from
Where we will be expecting
A local bearish move down
Sell!
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Check out other forecasts below too!
LTC nearing bottom of a range with oversold RSII would be looking for entry between $60-65 and in time I think it can run up to 100 and maybe even about $120 for 50% to 80% profit. I think this might be slowly bottoming out here and assuming Bitcoin is not done yet this cycle there might be a reversal in store. Stop loss below 60.
Long trade
Pair LTCUSD
1min TF Entry
14th June 24
Tokyo Session
19.32pm
Entry 77.46
Profit level 83.62
Stop level 77.22
RR 24.67
Litecoin - Bearish IdeaShort-term breakdown below key level 79.00. Next important support levels are 77.33 and 74.98
LTC Bull run 2.will make a run like in 2017 in % and with a mixed developing of the curve in several indexes of top coins but as branches must despite a mixed between 2017 and 2021.
LTC Bull run.COINBASE:LTCUSD will make a run like in 2017 in % and with a mixed developing of the curve in several indexes of top coins but as branches must despite a mixed between 2017 and 2021.
Could LTC/USD bounce from here?Price is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit.
Entry: 78.18
Why we like it:
There is a pullback support.
Stop loss: 75.54
Why we like it:
There is a pullback support level.
Take profit: 81.40
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
