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LITECOIN trade ideas

RLinda ! LTCUSD-> Bulls before the holidays show strength!)LTCUSD in contrast to bitcoin lately shows its confidence. Recently, the price was able to form a bullish momentum of 80% from the low of 47.50 It is worth paying attention to the descending wedge and the breakdown of resistance. A strong bearish trend has been going on since May 2021, the price has stopped at $52. Price is moving into a narrow consolidation phase and breaking through channel resistance. Could this mean a bottom formed in the $50-52 area? It's hard to say. But, now the price forms a local uptrend and if the coin continues to dictate its game, then, presumably, in the first quarter of 2023 we could see the growth of the price to 107. The medium term outlook is up to 150.7. The long term outlook if the market recovers is 181 or even 302 (Too positive statement, but why not?). Merry Christmas! Sincerely R. Linda!
COINBASE:LTCUSDLong
by RLinda
21
LTC Livermore coneThis is a bullish view of LTC. LTC has consolidated at around $50 for 6 months after dropping 85%. Now price has broken over the range and seems to find support from the bottom of the range. Furthermore, it appears that price action is printing a livermore cone that can breakout. Breakout of the cone will push the price in the upper ranges between 235 and 310. I don't encourage trading LTC. LTC was the first coin in crypto history to be rugged by its founder.
BINANCE:LTCUSDLong
by nagihatoum
6
LTC still looks correctiveBack on December 26, I said that my corrective target for LTC was around $90 and we've basically been moving up ever since then. We are nearing the wave 4 target, meaning a wave 5 should be coming. There's a simple trade setup here. You can short a move into $90 with a stop loss at the low on February 24 at $91.50 - Violation of that 91.50 area will weaken my bearish stance. I have to acknowledge (and you should, too), the red and white wave which are the highest timeframes on the WaveMaster indicator. We've only been in oversold for the red and white 3 times and each time led to a large increase in our good friend Litecoin. This is the only reason why I am cautious here. Could we see a bigger move up from here? Possible. From an EWT perspective, we should make another low and head back to $20-$30 at some point. That is where I'd be interested in buying long term. It could take longer to get there than you'd think.
COINBASE:LTCUSD
by bitdoctor
Litecoin shooting to $125.80 next thanks to a Cup of Tea?Well this has come to a surprise. We have our first LONG crypto trade line up for the year. Litecoin has formed a Cup and Handle over the last few months and recently has broken up and out of the brim level. The Moving Averages are looking perfect as 7>21>200 SMA. RSI is also above the 50% and broken above the negative divergence which is bullish. My first target is $125.80 Interesting facts: Litecoin is a cryptocurrency created in 2011 by Charlie Lee, a former Google engineer and is known as the "lite version of Bitcoin. It has a faster block generation time and a different hashing algorithm which is 2.5 minutes, compared to Bitcoin's 10 minutes. Unlike Bitcoins market cap of 21 million, the total supply of Litecoin is 84 million. It also falls in the top 10 cryptos - which considers it a safer investments than the others. Litecoin has been used as a testbed for Bitcoin's proposed upgrades and features, such as atomic swaps and the Lightning Network.
OANDA:LTCUSDLong
by Timonrosso
2
Joe Gun2Head Trade - Swing failure on LTCUSDTrade Idea: Selling LTCUSD Reasoning: Swing failure Entry Level: 83.04 Take Profit Level: 77.94 Stop Loss: 84.45 Risk/Reward: 3.37:1 Disclaimer – Signal Centre. 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 all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of 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.
COINBASE:LTCUSDShort
by Signal_Centre
4
Litecoin- Where to buy for 100 target?In my video from Sunday and yesterday, in my outlook for Bitcoin, I said that I've become bullish crypto market. Litecoin is not an exception and, in fact, I'm bullish on this coin since November when I first bought it at 50. My target for this coin remains 100 zone and with the price facing resistance at this moment, a correction could follow. This correction could offer us a good buying opportunity and 75 could be a great place considering a stop loss under 65.
BITSTAMP:LTCUSDLong
by Mihai_Iacob
23