LTCUSD 4Hr4Hr chart for LTCUSD showing a W pattern
Price is currently rising and I believe it will continue as this double bottom completes itself
LTCUSD.P trade ideas
LTC ShortI personally think we restest lows at ~78-80 on LTC before the end of this week. Feels like a dead-cat bounce and once we close below yearly VWAP it should confirm the full retrace to range lows.
STRONG impulsive sub-millennium degree BULLISH WAVE 3 UNDERWAY!!LITECOIN just began a STRONG IMPULSIVE WAVE 3 of sub-millennium degree from 75.37 which is going to be subdivided into WAVES I, II, III, IV, V of grand-super-cycle degree. Currently LITECOIN is on a WAVE (III) of I, with a projected TARGET AREA 99.34-99.71 for WAVE I of 3. Please check your chart and let me know if you agree.
LTC beat BTC by 12%As predicted a few days ago, LTC is getting loaded up since BTC fees have been going up.
LTC/USD Diamond on the 4HR & A13 There is an A13 or aggressive 13 for my "TD Sequential" folks out there on the 4hr and 3hr on LTC/USD and I have detected what seems to be a diamond about to implode and these are the length of the leg options.
DestinyIn the future, I see Litecoin in the range of $5 according to the chart (full candlestick data) and I hope you respect the technical
LTCUSD short 30MINLooks to be in a downward channel. The action is near a top but volume is falling to a higher seller interest.
LTC price simulationI use 2 different processes for simulation ,all parameters are based on historical price , keep in mind this is based on the assumption nothing will change..
and here is the result :
tart Ito processs
path 1 ,mean price 19.617421942750035
path 2 ,mean price 5.34105140554692
path 3 ,mean price 28.156416323459872
path 4 ,mean price 7.123895965240329
path 5 ,mean price 13.284381018260042
path 6 ,mean price 18.014942943624742
path 7 ,mean price 54.93321195173955
path 8 ,mean price 132.55081408648073
path 9 ,mean price 19.80880900198989
path 10 ,mean price 36.957616973501715
mean price in 5 years: 33.578856161259374
median price in 5 years: 7.875980990836307
max price in 5 years: 711.1844830750892
min price in 5 years : 0.009369988449513766
Wiener processs
path 1 ,mean price 52.12703021045326
path 2 ,mean price 73.65846751835605
path 3 ,mean price 76.57150912846586
path 4 ,mean price 19.85259680536485
path 5 ,mean price 28.04585572803826
path 6 ,mean price 1525.76864311524
path 7 ,mean price 135.92302469007367
path 8 ,mean price 89.817123077514
path 9 ,mean price 76.17398160858912
path 10 ,mean price 18.547608264680203
mean price in 5 years: 209.6485840146775
median price in 5 years: 52.08854151139097
max price in 5 years: 7659.576486165567
min price in 5 years: 0.8527951997121831
Litecoin to stall at previous support?Litecoin - 24h expiry
Previous support at 84.00 now becomes resistance.
We look for a temporary move higher.
Our short term bias remains negative.
50 4hour EMA is at 84.33.
We are trading at oversold extremes.
We look to Sell at 84.23 (stop at 87.23)
Our profit targets will be 77.23 and 75.23
Resistance: 80.00 / 82.00 / 84.00
Support: 76.60 / 75.20 / 74.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
LTC & ADA Will Crash 90% – Bear Market Has Not Even Begun Yet!The bear market has not even begun yet for 99% of altcoins, such as Litecoin (LTC) and Cardano (ADA).
I expect these coins to crash at least another 90% from where they currently are.
I agree with people such as Big Cheds, Bob Loukas, Benjamin Cowen, and others that altcoins are far from having bottomed and in fact that the bear market has not even begun yet.
Anyone using leverage of 1.01x or higher and who is long will surely get liquidated within the next 1-3 months.
Bitcoin will crash to sub $10k as well.
LTC Heading to Test The NecklineThe Double Top is playing out as we lost crucial $85 support this Sunday and could not reflip it. I’m anticipating a neckline test around $69, however lots of buy orders around $76 to keep in mind.
After this test we will see if she chooses to confirm the pattern If she does the $54 level is crucial to hold for something more bearish pre-halving not to be considered. If we reject the neckline break down then I’ll look toward the $130-$170 level.
Sinking ship, the rats have dumped only bag holders remain The halving peak has happened, the bull market support band has broken and testing as resistance. Last halving this happened led to a 75% retracement however this is likely to be 100% this time with the sheer number of underwater bag holders who witnessed even vanilla bitcoin outperform ltc last bull market let alone every single other ult, no one in their right mind will put another dollar into this. Charlie lee really did sell the top it turns out.
Crypto LTC. TF H1 LONG, TP = 86.63 On the hourly chart, the trend started on May 6 (linear regression channel).
Since the trend is not over yet, there is a high probability of profit.
A possible take profit level is 86.63.
But do not forget about SL = 80.79
Good luck!
Regards, WeBelieveInTrading
Major Crypto Analysis BTC/USD:
As evident from the daily timeframe of BTC/USD, the major cryptocurrency remains higher, trending north since bottoming in November 2022. Support from $27,132 was welcomed in late April, a move aided by the 50-day simple moving average of $28,563. Further buying also saw the Relative Strength Index (RSI) reclaim 50.00+ territory. As such, chart studies suggest additional outperformance, targeting fresh year-to-date highs and resistance from $31,404.
ETH/USD:
ETH/USD is echoing a similar vibe to BTC/USD. The trend on the daily timeframe is north, and price movement recently recoiled from support at $1,845. This was bolstered by additional confluence: dynamic support from the 50-day simple moving average at $1,875 and the RSI regaining position north of the 50.00 centreline. Overall, the unit finished the week well, unbolting the door for fresh year-to-date peaks and a run to resistance at $2,164.
XRP/USD:
As seen from the daily timeframe of XRP/USD, price shook hands with AB=CD support in late April and has been rudderless since, consequently ranging between $0.4475 and $0.4806. AB=CD support is denoted by a 100% projection at $0.4443. The chart illustrates that the structure is complemented by a Fibonacci cluster around $0.4429 and RSI support at 39.82 (note, however, that the RSI remains below 50.00 ). Technical expectations call for at least a test of the 38.2% Fibonacci retracement overhead at $0.4919 and maybe even the 61.8% Fibonacci retracement at $0.5276 (derived from legs A-D). The aforementioned Fibonacci ratios are commonly targeted following the completion of an AB=CD pattern.
Failure to maintain support at current prices could lead to a test of familiar support at $0.4228, a level boasting historical significance since June 2022.
LTC/USD:
You may recall that I highlighted the completion of a daily harmonic Gartley pattern on LTC/USD in recent analysis. The pattern’s Potential Reversal Zone (PRZ) was between $98.37 and $96.90. While price did exceed this area, it failed to trade beyond the pattern’s X-point: the high of $105.69 (16 February); traditional rules of engagement would have traders/investors position stops beyond the X-point.
Like the AB=CD structure in XRP/USD, traders often target 38.2% and 61.8% Fibonacci retracements (taken from legs A-D); you will note that price tested the 38.2% Fibonacci level in April at $85.83, with many Gartley traders possibly reducing risk to breakeven at this point and taking partial profits. Many will also likely look for further downside, targeting the 61.8% Fibonacci level at $78.10 as a final take-profit objective.
The RSI remains under its 50.00 centreline: negative momentum.
LTCUSD sell setupI expect the price to fall a little then retraces back before falling from the breakout zone.
sl 91.59
tp 79.05
tp 72.33
tp 61.98
BOS strat LTCUSD daily idea for halving old halving rally overlay for LTCUSD with the 90-92 days TF this halving cycle went over the date and pumped more also PA tageting the LIQUIDITY POIs and the FVG/BISI proofing is uncanny i had to laugh and post to say WHAT IF!!
Litecoin Trend Decision Point Neutral here. Macro picture is bearish, double top with neckline not yet tested, we’ve also formed a bear flag on the daily chart - leaning me towards lower. At minimum double top neckline test. (Check my other post for macro chart view)
However on the LTF during FOMC we bounced from the range again, creating a double bottom & today retraced into the fibs of the double bottom with some reaction. So I’m patiently waiting to see how the range breaks for further moves, we’re quite literally in the middle. Halving is nearing as well which should be bullish into the event, conflicting. However I’m keeping my buy orders lower for now.
Litecoin to breakdown?Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98)
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
83.78 has been pivotal.
A break of the recent low at 83.78 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 75.98 and 74.88
Resistance: 87.30 / 88.60 / 90.50
Support: 85.80 / 83.70 / 81.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Litecoin forecast Litecoin is currently in a price accumulation and is looking to clear the liquidity areas , fill inbalances and return to these order block areas . I set up the zones for you guys , I’m looking for price to hit the daily bearish order lock first and sell down a couple hundred pips for a nice retracement to the bullish order block zone for a long term swing buy entry
LTC - Bullish Breakout on 1H chart
Bullish Breakout
Buy around 89.5-90.0
Place a stop loss below 89.
Target 93.90-83.50
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LTCUSD - Similar Gaussian PositionsIndicator analysis showing price moving up during the red part of the channel and then turning green.
Right now the channel is ready to turn green and take price higher.
The indicator is called Gaussian Channel. I will link below.
Litecoin Potential Double Top Spotted on the 3 day chart. Potential short signal with lower targets based on the daily order blocks & monthly support (white horizontal trend lines). Pending Neckline test.
LITECOIN UPDATES
Since this Idea posted, Scene 1 works. then were waiting for another confirmation if this IDea on scene 1 would make it.
Trade base on your own decissions.
If only bitcoin has a move, then litecoin will make it too 128$
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