LTC/USD MACRO BUTTERFLY HARMONIC PATTERNCRYPTOCAP:LTC on htf is printing an extended BUTTERFLY harmonic pattern that targets $186 area as the first take profit zone that alligns well with the 0.382 fib resistance level.
LTCUSD.P trade ideas
Litecoin poking its head above the inverse h&s necklineAs I always reiterate, priceaction will often dip back down blow the neckline of an inverse head and shoulders pattern after the first time it breaks above that nckline, so you never want to get too overzealous about the initial neckline breach like we can see litecoin has jsut made on its inverse head and shoulder pattern. Probability is fairly good that I will have to readjust my measured move line slightly lower to wherever the real validation break of the invh&s neckline occurs, however there’s also plenty of examples where an asset has validated the invh&s breakout on the very first breach of the neckline so one must always take into consideration that that outcome is also quite possible. Either way, being deep into the midst of our current bull market,I am confident this invh&s attern will have its breakout inevitably validated at some point in the near future. We’re we to see a pattern like this in the middle of a bear market then probability would be much higher for the chance of it being a complete fakeout bull trap, but since the market cycle and overall macro sentiment of the market at the moment is bullish probability of this pattern being a fakeout/bull trap that ends up getting nullified is almost non existent. In my opinion Litecoin will need to flip the weekly 200ma(in blue) to solidified support before it can validate the breakout of this pattern so that will be something to watch for. *not financial advice*
Another Wild Call for LitecoinLTC USD Monthly Chart
Last Call
Moon-boys get your moon-shoes on.
Bag is loaded with a DCA of 45 bucks.
This seems like a RR no brainer.
This is absolutely not financial advice.
Positive Outlook: LTC/USD Holds Above Key Pivot PointsHello Everyone,
LTC/USD holding above the 1-year, 1-week, and 1-day Pivot Points signals a bullish trend and suggests potential for further upward movement!
TradeWithTheTrend3344
LTC/USD BULLISH CYPHER HARMONIC PATTERNLTCUSD on the daily timeframe is printing a bullish cypher pattern that had a down move towards $67 area.
''Pulse'' of an asset times Fibonacci: Chapter 4: Impulse ReDuxThis is my 4th Idea or "Chapter" to collect evidence for my theories.
This Chapter is to observe the results of price Returning to Impulse.
I will be adding examples as ongoing "Updates" whenever I spot them.
Impulse = strong continuous force for a limited amount of time.
When there is a return to Impulse, it is a critical zone to watch.
Rejection from, Penetration of, or Traversal through are clues.
In this particular example, there was clear and exact Rejection.
The resulting move followed the same Ripples as original move.
Possible Deduction: the selling power in this Impulse is still 100%.
Please take momen to look at the previous Chapters below.
Original Edition with numerous examples:
Chapter 2 with more advanced exampels:
Chapter 3 to study the 9.618 Extension in particular:
ALSO see the numerous other examples in the "Related Ideas" below.
LTC - Global and local trend🦈Hello!
Today, we'll discuss a trading idea for 👨🦳#LTC from the #CryptoTop #Liquidity group. Before we begin, let's understand the global and local structure, determine the price direction, and identify the entry point. Let's dive into the analysis!🦈
⏺On the global chart, long-term trading is marked in pink.
⏺Local trading is marked in blue.
⏺The trading scenario is marked in yellow.
⏺Global analysis ():
⏺The global resistance level is at $400, and the support level is at $33. The channel step is 1151%.
⏺The asset is in the accumulation phase, with important levels at $105 (accumulation resistance since 2022) and $50 (support), with a channel step of 111%.
⏺❗️It's important to note that a triangle pattern is forming on the chart, similar to the one formed in 2018-2020. This is confirmed by the numbers 1 and 2 on the chart, as well as the increasing lows 3 and 4, indicating price growth and aggressive accumulation.
⏺Local analysis ():
⏺Two descending trend lines are drawn on the local chart. A square marks a fractal-like pattern before the price rise in 2021, with the difference that the asset's price has already broken the descending trend line and retested it.
⏺A possible scenario remains a decline to the $50 level or consolidation at the support of the global ascending trend line and a rise to the resistance of the descending trend line at +161%.
⏺Trading scenario ():
⏺On the daily timeframe chart, the $93.40 level is crucial, as the asset's price impulsively dropped to the local descending trend line upon breaking it and did not retest it.
⏺📈The $72 level has also been confirmed as support for this channel with a 60% step. The asset's movement is considered a global ascending trend, and the trading scenario will be active upon the price returning to support ($72) and breaking the local descending trend line. The local potential is 60%, and upon breaking the $105 level, a 60% move to the global descending trend line is possible.
📈If the asset's price does not reach the $72 mark and approaches the trend line, I will consider trading on the trend line breakout.
#ltc Litecoin has broken out of a symmetrical triangle pattern #ltc
Litecoin has broken out of a symmetrical triangle pattern and has been accompanied by a successful retest👀
This indicates strong potential for a bullish rally in coming weeks🚀
Litecoin: Macro Cup with Handle with a Bullish Target of $9,493Here is yet another Bullish Chart of LTC this time i'd like to point focus on a huge Cup with Handle i just discovered while looking on the higher timeframes. We haven't broken out of the handle yet but if we do out next target based off the measured move should take us to $9,493
LTC/USD: Bullish Momentum and Support Retest PotentialHello Everyone,
The LTC/USD pair has experienced a significant decline in recent weeks. To sustain bullish momentum, it's crucial to secure a position above the 1Y PP. However, if the price fails to maintain this position, we could witness a retest of 1D/1W/1Y support levels!
TradeWithTheTrend3344
LTC is forming an ascending triple top pattern If it breaks this pattern, LTC will rally very strongly to $130. However, if LTC declines and forms a 3-peak pattern, it is possible that LTC will fall to the $90 area and even deeper to the $70 area.
Litecoin poised for a move upAs you can see on the chart, LTC has been hovering around the bottom bollinger band and has held up pretty well compared to others in this most recent correction…If Bitcoin stabilizes I think it’s time for LTC to move up and start it’s bull run.
Let me know what you think in the comments below.
Not financial advice. DYOR
LTC Triangle watch. Potential $120 on deck by EOWTracking structure. Need to stay in triangle and get support here to bounce up. Target measured by triangle height.
LTC buying the DIPLTC way oversold. Bought more between $81 - $83. Will add again if drops to $70 range and holds. Possibly sell around $100 if its a fast move. Who Knows but lets go
USD News Impact on LTC/USD: Importance of 1Y PP SupportHello Everyone,
Given the recent USD developments, LTC/USD has explored support levels down to the 1Y PP, which has effectively held as a support level thus far. It is imperative at this juncture for the price to maintain above the 1Y PP to sustain its upward trajectory. Our immediate objective is to ensure a consistent position above the 1D PP to validate further potential upside. Conversely, should the price firmly establish itself below the 1Y PP, we anticipate further downside movement.
TradeWithTheTrend3344
Speaking of RSI trendlines...LTC is showing a glaringly obvious trend line in its daily RSI.
Bitcoin is looking like it wants to retest recent highs as well and is in the process of breaking a series of lower highs.
With LTCs halveninf having happened mid last year, if Bitcoin decides to take off here, LTC could be dragged into a rather large pump. No position here for me unfortunately as I'm very, very poor at the moment. If I had money though I'd be strong long.
Gl
LTC/USDT Harmonic Pattern Analysis for Profit PotentialOverview:
LTC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action reaching a critical support level. This convergence suggests a potential bullish reversal from point D, presenting a favorable opportunity for traders to capitalize on the anticipated upward movement.
Entry Strategy:
We recommend entering a long position near 97.8739, strategically positioning ourselves to benefit from the anticipated bullish momentum.
Stop Loss Placement:
To mitigate potential downside risk, it is advisable to place a stop loss order near 92.028411. This level serves as a safeguard against adverse price fluctuations, preserving capital in the event of an unexpected market downturn.
Take Profit Targets:
Our analysis identifies multiple profit-taking opportunities to optimize returns:
- TP-1: 102.8740
- TP-2: 108.2745
- TP-3: 113.7637
These targets are strategically aligned with key resistance levels, offering potential exit points as the price advances.
Risk Management:
It is imperative for traders to adhere to disciplined risk management practices, including proper position sizing and adherence to stop loss levels. Additionally, monitoring market conditions and adjusting trading strategies accordingly can help mitigate inherent risks associated with speculative trading.
Conclusion:
In conclusion, the technical analysis of LTC/USDT indicates a promising bullish outlook, supported by the formation of a harmonic pattern and confluence with key support levels. By implementing a prudent entry strategy, combined with effective risk management techniques, traders can potentially capitalize on the anticipated upward movement and achieve favorable returns.
Wick fill 90-99 discountBig buy to infinity with BTC
This will be the modern day cash one-day if they really pushing digital phase of humanity
Entry 89_90
80'80/70 keep major level
Target100k
440.0
150.0
130.40
Litecoin - Accounting for SupplyWatch for a monthly close outside of this descending triangle.
A break in either direction will likely dictate what comes next.
LTCUSDAccording to the waves analysis we can expect that price rise again to the green zone. follow me for more ideas
Litecoin (LTCUSD): Your Next Profit Opportunity!For LTC, we were stopped out of our first attempt to catch wave (iv). However, we concluded wave (iv) exactly at the level of wave (i). Following that, we completed the overarching wave ((iii)), or wave (v), exactly where we anticipated, between the 61.8% and 100% levels. We are therefore in wave ((iv)), which we do not believe to have concluded yet, and expect a pullback to the 38.2% to 50% levels, which are at $90.20 and $85.81. Afterwards, we should at least reach the level of approximately $115, which is the minimum level. However, we should actually break out even more, but we will definitely see how things develop. Since we are still in an overarching wave 3, we should then go significantly higher. We will definitely place this entry, as the possibility of this being a triangle looks promising. So, we need to wait and see how Litecoin develops and whether our limit order gets filled.
Is this hopium for litecoin this year 👀Super bullish on litecoin. Could this be the year it takes off toward 5k+ 🚀🧑🚀🌕
