LTC LOOKS BEARISHFrom where we entered "STAR", a corrective phase has started, something similar to ABC.
We have had a sharp movement in time, a correction movement in time, it is expected that we will have another sharp movement down in time by hitting the red supply box.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
LTCUSDT.P trade ideas
$LTC Needs 3 WeeksI see a cup and handle-ish pattern considering there is a resistance level and it got its rejections from that level.
Fibonacci 0.618 level is at a meaningful spot
LTC is indeed in a ascending channel at the moment with its lower highs
The market is going well. pull backs are expected. I am not worried as long as it breaks the resistance level.
I see this as a good opportunity to place a position
The more confirmation I get, the more confident I will be
After a legit breakout my first TP is 81.05, and my second TP is 94.02
I do not expect a strong run to upper resistance level that's located at 103.24; however, I would aim it after a retracement.
What matters is the market at this very point, not the coin itself, so this idea would be invalid if the market isn't being nice. Technically speaking. get the joke? (side tony soprano smile)
as always, not a financial advice
duh
LTC/USDT - Litecoin: Falling Wedge◳◱ On the $LTC/ CRYPTOCAP:USDT chart, the Falling Wedge pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 74.14 | 77.16 | 83.25 and support near 68.05 | 64.98 | 58.89. Entering trades at 73.24 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Litecoin
▣ Rank: 22
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: Litecoin is a fork of Bitcoin's codebase with four times faster block times and a four times larger supply. The project considers itself complementary to Bitcoin as a silver to Bitcoin's gold. It is often used as a pseduo-testnet for Bitcoin, adopting new protocol changes before they are deployed on Bitcoin.
◰◲ Technical Metrics :
▣ Mrkt Price: 73.24 ₮
▣ 24HVol: 47,073,976.056 ₮
▣ 24H Chng: -4.086%
▣ 7-Days Chng: 1.27%
▣ 1-Month Chng: 5.74%
▣ 3-Months Chng: 7.66%
◲◰ Pivot Points - Levels :
◥ Resistance: 74.14 | 77.16 | 83.25
◢ Support: 68.05 | 64.98 | 58.89
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: SELL
◰◲ Technical Indicators Summary : NEUTRAL
◲◰ Sharpe Ratios :
▣ Last 30D: 1.57
▣ Last 90D: 1.19
▣ Last 1-Y: 0.42
▣ Last 3-Y: 0.26
◲◰ Volatility :
▣ Last 30D: 0.46
▣ Last 90D: 0.43
▣ Last 1-Y: 0.66
▣ Last 3-Y: 0.93
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.59 - Bullish
▣ In-depth LTCUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Litecoin(LTC): Going For A BreakoutLitecoin is showing some strength, pushing towards upper resistance, and potentially breaking it soon as well!
We are looking here for a clean breakout to happen in order to catch a potential long position!
Eyes open as if we will not see a clean breakout, then we will go back towards EMAs
#LTCIt is located in an ascending channel, which with the swing that attacked the resistance in the daily time, it can continue its growth after a pullback up to the specified areas, and after breaking the ceiling of the short-term channel, this growth will continue up to the daily and weekly supply area.
LTC to 449$ .. but it may take some time this chart is based on Elliott wave theory and also according to DAW theory .. chart repeat it self again.
if you looking to the chart you will find that we are going to repeat the same move to go to 445$ at least
Targets:
🎯1st Target: 115 $
🎯2nd Target: 222 $
🎯3rd Target: 293$
🎯4rd Target: 449$
LTC: History Can Repeat Itself AgainLTC: History Can Repeat Itself Again
Over the previous weeks, LTC made the first attempt to rise and we can see a nice bullish move set up in early December—an Inverse Head and shoulder pattern.
The price is confirming the same pattern again, increasing the chances of another bullish move. It is very similar to the previous pattern and the price will likely increase in the same aggressive manner.
You can find more details in the chart!
Thanks and good luck!
LTCUSDT # 001 ( clear road map on Bullish Rally ) Hello dear traders .
Good days.
On Weekly time frame , Bearish Gann Square time Finished and LITUSCT started new Bullish rally .
Frame this position with one surge , it will try to broken Gann Arc resistance which will be about 75 $ and fail . One more correction leg will continue to the Buy Zone which will be the last and lowest price up to the at least 2-3 years .
On price 69 $ LTCUSDT will get support from lower Gann Square fan line to start crazy bullish rally.
Long shut view will update for mor information .
Chart updated and plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
LTCUSDT Bearish Flag - Channel Trendline Quality Support PlayIn this comprehensive examination of LTCUSDT within the 1-day time frame, a discernible bearish flag formation is apparent, accompanied by the development of a channel. A strategically placed Buy Limit Order on LTCUSDT leverages a robust support level derived from a more expansive timeframe, emphasizing the reliability of the chosen entry point.
The rationale behind this tactical move extends to the identification of a quality heavy support level on a larger timeframe, lending credibility to the trade. The take-profit (TP) placement exhibits a judicious approach, aligning itself beneath the resistance of a higher timeframe, particularly the weekly chart.
Furthermore, a synergy with technical indicators, moving averages, and oscillators is anticipated, with a synchronized descent that substantiates the validity of the bearish flag formation. This holistic analysis underscores the meticulous consideration given to various facets of the market dynamics, rendering the proposed trade not only strategically sound but also well-founded in the context of prevailing technical signals.