LTCUSDT Binance 4h a last push down before we'll change the trend with the bulls.
price got to the minimum retracement zone, so can reverse at any time.
but we can clearlly see that there is an impulse of wave A ongoing.
any type of correction as a wave B after.
wave C of Y should present an any type of motive wave.
keep an eye on reversal signs at 50-61.8
LTCUST trade ideas
LTCUSDHello
Buy for the long term and invest
Litecoin digital currency is in the process of forming and starting a new upward wave, which consists of 5 Elliott waves, which is currently the end of the 1st wave and has entered the 2nd corrective wave.
The bottom of wave 2 can be considered the range of 65 dollars, and in general, wave 2 correction of buying position is suitable for long-term investment.
The mid-term target is $300
๐จ Trade Update: LTC/USDT (5-10x)๐จ Trade Update: LTC/USDT (5-10x)
๐ Long Entry: 76.15 - 83.50
OTE (Optimal Trade Entry): 80.65
SL: 75.05
B/E Move: When it moves close to TP2
TPs:
Short Term: 84.4 - 85 - 86 - 87.2 - 89 - 91
Mid Term: 94 - 98 - 103 - 110 - 120 - 138
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADINGยฎ
#LTC/USDT 1D (ByBit) Symmetrical triangle breakout and retestLitecoin is pulling back to 100MA support when it seems likely to bounce and resume bullish.
โก๏ธโก๏ธ #LTC/USDT โก๏ธโก๏ธ
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.4X)
Amount: 5.0%
Current Price:
93.07
Entry Zone:
92.71 - 88.49
Take-Profit Targets:
1) 103.31
2) 112.87
3) 122.44
Stop Targets:
1) 79.97
Published By: @Zblaba
CRYPTOCAP:LTC #LTCUSDT #Litecoin #PoW #Halving
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
litecoin.org
LTC: Support BreakoutLitecoin (LTC) technical analysis:
Trade setup: Following a breakout from a Symmetrical Triangle, price reached $115 resistance where it got rejected. Now itโs broken back below 200-day Moving Average (~$90), which puts the uptrend at risk. We need to see the price regain that level to signal uptrend resumption, with upside to $115.
Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $90, which it broke, then $80. The nearest Resistance Zone is $105, then $115.
Litecoin LTCUSDT Price Analysis (4h)๐๐ Litecoin (LTC) Price Analysis ๐๐น
Litecoin is currently consolidating near a critical support zone at $86-85, presenting a crucial juncture for traders. ๐ The price has the potential to break out towards the target at $95, offering an opportunity for bullish momentum.
However, it's important to remain cautious, as there is also a possibility of a bearish breakout that could lead prices towards the $77 level. ๐๐ป
Stay vigilant and closely monitor the price action for potential trading opportunities. Happy trading! ๐๐ฐ
LTC Halving Is Done. Now We Go Back.Here is My Study On LTC.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
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Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
When will LTC stop falling? LTC when bullrun?For LTC, the start of halving, as usual, led to the weakness of buyers and the strength of bears. We have come to a global zone of interest, in this zone it is worth considering purchases. I expect a reaction from the 0.618 level. On smaller time frames, we should expect divergence signals in the form of a formation on the chart, this is what the market movement looks like, the Ultimate Oscillator oscillator will help with this, it is designed for divergences. You also need to pay attention to the overbought RSI of 12h, 6h and 4h