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3X Long Litecoin Token / USD Tether

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LTCBULLUSDT trade ideas

LTC/USDT in the crucial area need to bounce for back to upward!💎 Paradisers, the recent market movements of #LTC have certainly drawn attention. LTC finds itself at a critical juncture, teetering on crucial support. 💎 A successful bounce from this support could reignite upward momentum, potentially leading to a retest of strong resistance areas. 💎 However, should LTC fail to find support and breach both the critical support level and the support trendline, it would signal a concerning shift toward downward momentum. Such a scenario could prompt a descent towards key support areas to establish a new trajectory. 💎 Upon reaching these critical support levels, a decisive bounce is imperative for LTC to reclaim ground and reignite upward momentum. Reclaiming the price above the $80 support area would be pivotal for LTC to resume its upward trajectory toward our target. 💎 Should this scenario falter and LTC breach the key support level, it would likely prolong downward momentum, leading to further declines. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
NO ONE IS TALKING ABOUT LITECOIN UNTIL THIS HAPPENS - SCENARIO 1 For now, Litecoin seems like a forgotten coin until this happens just like I posted BINANCE:SHIBUSDT (see analysis below) few months ago before the breakout of the range we see recently, such I think will be the case of KRAKEN:LTCUSDT . I have few just two major scenario and this is the first one. According to Elliot Wave Theory, looking at the chart for this scenario it seems like we will be breaking out of this range in coming weeks or late next month (May). Litecoin is very different from other ALTCOINS it is kind of stable and goes at it own pace. more reason why I believe more in this scenario following it journey in the ASCENDING CHANNEL. (see other scenario on page) OTHER ANALYSIS
Long
by DewyCandles
5
LTC - BIG NEWS : THIS Last Happened in 2020📈📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators! We observe the bullish cross on our technical indicator; a bullish cross that lead tot he parabolic cycle in December 2020 (there hasn't been one since). I used this exact method to call the start of a new BTC bullish cycle. Find it here: From a trendline analysis as well as moving averages, we get a support zone around $80. The price may very well wick towards this zone and STILL remain bullish. Remember that as BTC trades sideways/range, we may see rallies across altcoin markets. I've created this post to give you a better understanding of the rotation between BTC and Alts: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:LTCUSDT
Long
by CryptoCheck-
LTC: Double bottom reversal coming!The price of LTC has formed a double bottom, and we may soon witness a big breakout to the upside! If you're looking to trade LTC at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 106$ and take profits at the levels shown in the chart. Targets: 1. 112$ 2. 120$ 3. 120$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
Litecoin - DON'T miss this SECOND CHANCE on LTC📉Hi Traders, Investors and Speculators of Charts📈 Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1. According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the correction phase to be close to/ before the BTC halving which is in April . So far, we're starting to see what looks like a pullback across all crypto's. BTC corrected from 48k to 41K, and currently the bears are controlling the lower timeframes. HOWEVER - this is a great opportunity to get in at lower prices before the second impulse wave starts. The second impulse wave is know to be the biggest one, with the biggest increase - and that's what we're looking forward to after this correction is over. For the near term, I'm expecting LTC to trade range between the upper resistance and lower support as pointed out on the chart. This is a great re-accumulation zone, incase you missed the first one. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:LTCUSD.P BINANCE:LTCUSDT COINBASE:LTCUSD KUCOIN:LTCUSDT
Long
by CryptoCheck-
8
The last bullish chance of LTCUSDT in Mid term! Litecoin is currently perceived as being in a full buying zone, indicating that the market conditions suggest it's a favorable time to consider buying LTC. This assessment might be based on various factors such as technical analysis, fundamental analysis, or a combination of both. Traders often look for specific price levels, patterns, or indicators to determine buying zones, which could include support levels, oversold conditions, or bullish signals. You mentioned a significant area of investor interest or buying activity between $77 to $79. This range is considered crucial because it represents a block area where substantial buying orders are expected to be placed. Identifying such key levels can provide insights into potential price movements as they may act as support zones where buying pressure could increase. You've set seven target prices, indicating that you've identified multiple levels at which you plan to take profits or partially close your position. Having multiple targets allows for a more nuanced approach to profit-taking and can accommodate different market scenarios. These target prices are likely based on factors such as historical price levels, technical analysis indicators, or psychological levels. Emphasizing the importance of managing risk is essential in any trading strategy. Risk management involves measures such as setting stop-loss orders to limit potential losses, position sizing to control the amount of capital at risk, and diversification to spread risk across different assets. By managing risk effectively, traders aim to protect their capital and minimize the impact of adverse market movements. Offering assistance in case of confusion demonstrates a willingness to support others and promote clear understanding. Trading can be complex, and it's not uncommon for traders to encounter confusion or uncertainty. Encouraging open communication and providing clarification can help ensure that traders make informed decisions and feel confident in their actions. In summary, your trading strategy for Litecoin involves identifying a buying opportunity, pinpointing key price levels, setting multiple target prices, emphasizing risk management, and offering assistance to address any confusion. By following these principles and staying informed about market developments, traders can enhance their chances of success in the cryptocurrency markets.
Long
by MOAZAM1133
1