LTC LONGSLTC is not a security narrative, bottom formed, halving coming soon, liquidity door of USD not closed, inflation going down and posible fed pause,.
LITECOIN trade ideas
⚡️LTCUSDT analytical review⚡️Medium-term, the instrument is in a downward trend 📉. The current market strength on a scale of zero to one hundred is 26.1. Selling 🔽 is recommended.
Locally, there is also a tendency towards decline, as the instrument is trading below the last upward channel, indicating a resumption of medium-term decline. Speculatively, in the current situation, selling 🔽 is also recommended.
A good point for opening a short position will be the lower boundary of the channel, which is currently at 90.24. In case the price returns inside the channel and consolidates above this value, it is possible to make speculative purchases 🔼 with the goal around the upper boundary of the channel, currently at 94.21. A change in the medium-term trend to an upward one can be discussed when the price is fixed above the level of 91.2.
Halving voy in danger ⛔️ zoneBear flag formed so much hype of halving but before halving they knock out panic boys
LONG $LTCLooking to catch some long bids on the next dip in $LTC. I believe we are targeting $127. Current set up allows a 4RRR. Current stop is at relative low 2.
LTCUSDLTCUSD
You can buy some on the spot.
Also, with each drop in BTC, buy LTC for the medium term.
I believe that LTC in the medium term will be the most successful coin from the top coins, due to the amount of positive news.
If you like the idea, don't forget to subscribe and rate like👍
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 91.11 (stop at 89.11)
The bullish engulfing candle on the 4-hour chart the positive for sentiment.
Expect trading to remain mixed and volatile.
The bias is to break to the upside.
A break of yesterdays high would confirm bullish momentum.
Daily signals are mildly bullish.
Our profit targets will be 96.11 and 97.11
Resistance: 88.00 / 90.00 / 91.08
Support: 86.89 / 85.37 / 84.00
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LTC LONGSLYC retraced just enoguh to grab SSL, halving soon, possible bull rally before the event, technical transition to the upside from lower timeframes.
LTCUSD - Priming Itself For A Big MoveLTCUSD has formed a bullflag like structure above the lower trend line.
I expect this breakout to smash the upper trend line, its difficult to show however on this chart.
Linking a chart below that shows how I think the breakout will occur.
✴️ Litecoin's Long-Term Potential RevealedShort-term we can see some swings and shakeouts but when we look at the bigger picture Litecoin has been growing since June 2022, for an entire year. A similar situation we had back in 2020 when Litecoin grew for almost a year before a very strong bullish market, this is the consolidation phase.
See the chart, we have long-term higher lows and the consolidation leads to a bull market, plain and simple.
The growth phase that is not something small but big, long in duration, years of growth.
Thank you for reading.
Make sure to follow for more Altcoins & Bitcoin.
Namaste.
Buy the dip?Lines were drawn on weekly (showing daily view here)
If current level doesn't hold I will be looking to load up at weekly trend just below $81 (perhaps a quick wick below $80 just take out stops).
That is all
LTC formed a triangle of trend continuationLTC marks a strong bullish direction, and analyzing that its halving is approaching, this gives us an even greater indication that the medium-term break will be on the upside.
LitcoinerZ trap beatsBINANCE:LTCUSD.P
Currently price action seems to repeat textbook wyckoff range accumulation structure. Price seem at range high , but not just typical range high , but major range resistance previous bull support range. Usually what we want to see here whethere is this a deviation or a break to a new higher range.
2 probabilities here
1. Price rejected range high, confirmation. Entry after confirm . Target sell at mid range 50% and low range 50%
2. Price break range high and confirm with higher high n lower high. I cut loss and wait for price to settle at new range high.
In coming 3 months , we are heading into key decision moment whether fed gonna pause hiking rates or not. Tbh i dont think fed going to pause very soon when inflation is sticky, powell mentioned before he's going to ensure inflation rate back to 2% while currently we are at 4.9%. We are still far away for powell target to 2% , they have been printed twice the amount of money starting in 2020 and we expect fed to stop hike this year? Most proabably not , but i might be wrong. Now im putting my money where my mouth is.
Share ur thoughts.
Hidden trap for LitecoinerzCurrently price action seems to repeat textbook wyckoff range accumulation structure. Price seem at range high , but not just typical range high , but major range resistance previous bull support range. Usually what we want to see here whethere is this a deviation or a break to a new higher range.
2 probabilities here
1. Price rejected range high, confirmation. Entry after confirm . Target sell at mid range 50% and low range 50%
2. Price break range high and confirm with higher high n lower high. I cut loss and wait for price to settle at new range high.
In coming 3 months , we are heading into key decision moment whether fed gonna pause hiking rates or not. Tbh i dont think fed going to pause very soon when inflation is sticky, powell mentioned before he's going to ensure inflation rate back to 2% while currently we are at 4.9%. We are still far away for powell target to 2% , they have been printed twice the amount of money starting in 2020 and we expect fed to stop hike this year? Most proabably not , but i might be wrong. Now im putting my money where my mouth is.
Share ur thoughts.
Ltc. We are in deviation to trap fomo Think deeply
Why suddenly in news pushing bout bullishness
We r in range, trade at highest or lowest range.
Dxy is 104 now spx is at 4250
What make u think that we are so bullish without spring lower
LTC H&S patternCurrently LTC rejecting H&S neckline.also LTC creating triangle correction.or it could be cccc impulse.eyes on neckline.if it break to the upside wait for the retest.Trade Safe
