Get started

Litecoinbitcoin

🚨 Litecoin Squeezing HARD! (LTC)🤔 Not much price action has changed on litecoin since we last did an analysis on it. We currently still sit below what use to be old support. It is critical that litecoin can reclaim with a move up here. Notice that we have the candles Squeezing on the Crossover strategy. Would Emma dots are showing signs of it wanting to go for a buyers market. Would like to enter if broke back above the old support level. If we compress here and turn to red we should see a point of rejection play out. I'm not the biggest fan of litecoin but it does have a good market cap and a strong userbase. We will see how it plays out, very interesting. Best of luck! Cheers! 🍺🍺🍺 🥇MLT | MAJOR LEAGUE TRADER
COINBASE:LTCUSD
by UnknownUnicorn2319099
LTC/BTC Is price ready to break to the upside? After a big sell off that we have seen with LTC/BTC pair since the start of February, price has been consolidating for the last week failing to make lower lows, Even tho we haven's seen a clear change yet in market structure im waiting on the sidelines to see who's going to make the next move. If we start making moves to the upside I will be looking to take a long position if it breaks and closes above resistance with a retest of support.
Long
by steevyp2820
6 More Months 2 Accumulate... (LTC)Symbol: LTCUSD Sector: Cryptocurrency Let's talk bitcoins little brother, litecoin. Overall looking out I want us to focus on the major parallel channel range that is moving upward at somewhat of a 45 degree angle. That is our main range we are focused on playing currently. You see our current Resistance (top black dashed line) is holding strong somewhat similar to bitcoins downward Resistance at the 10k level. That pressure could force us to revisit the mid $20s - $30s range for a very nice second chance at a very sweet deal per coin. We seem to be forming a compression point under current Resistance and the top of horizontal support based off the level of the first major rally. (Circled in red) This is where we find the breakout setup to squeeze us into this tight range of prices. It "could" take up to 6 months to reach the channel support unless if we sold off hard here. Look at the major parallel channel support (green 45 degree line) We want to see that Resistance slap price down to bounce off of that support to rebound off of it and send it flying through the top black dashed line for a major breakout. I know this might sound crazy but based off of the Fibonacci extension from last major bull run could signal for a price in the high 7k range at the end of 2023. Fibonacci to me I dont take serious, I sort of just use it on the side to see how much time it would take to reach the top of the major channel with key Fibonacci levels. (It's for fun! 😁) Time after time after every major bear cycle for bitcoin has only led to bigger and better prices. I think that the total cap will exceed what it did last cycle which means higher prices for coins like litecoin. I wouldn't look to be too aggressive here, I'd sit on order book around last low for potential double bottom off of the channels current support. If that channel can hold we will likely see this play out. *Litecoin already has captured the name of many investors. It is a household name. That popularity benefits the community very much and will help it grow even easier the next cycle.
BITFINEX:LTCUSD
by UnknownUnicorn2319099
4
LTCBTC 1DAY: LITECOIN next desicion area or support/resistance?Hello my friends! Right now the support is not yet confirmed. We can go siteways. At the end i see a target at 0.007200. The middle lines (orange and blue) has to be touched next. Please press the LIKE button and give support by following me. Always do your own research before you trade! -- To understand my chart here is a short explanation of my approach. I use self-developed indicators and combine them: 1. Blue Band: The blue band is a kind of Bollinger Band just advanced. The blue bands show the resistance resp. support areas. It is based on ALMA. Here, we trade from edge to edge over the middle line. And within the upper and lower area from edge to edge. 2. Orange Band: The orange band identifies dips and trend. The more the price moves to the outside, the more likely it is to be a dip. 3. Visible Range: In combination with VR, this allows the identification of the critical areas. -- Let's see what happens. Happy trading. :-) --
by BTCINVESTING
LTCBTC MACRO SUPPORT BROKEN?!?! POTENTIALLY NEW ATL'S IMMINENT!Things are looking VERY bearish for LTCBTC at this moment, with BTC having its pre-halving rally yesterday we have seen LTCBTC break its macro HTF Major support level at 5500. Looking left we have only ever broken & closed below 5500 SAT's on the weekly TF once in the history of LTC If confirmed on the weekly TF, LTC may be looking to fall back further into the dirt potentially testing weekly order block between 3700->2800 SAT's Previous prediction of LTCBTC bouncing off major support unfortunately did not play out. So looking at the next plays, once major support at 5500 is confirmed to be broken I will be looking for short opportunities once we retest that level of 5500 SAT's & confirm it to be new macro resistance. Taking into consideration all possible indicators, although we have bullish divergence on CCI on 4HR TF, this data is potentially useless as it would be pending BTC's movement. Looking at past data any volatility from BTC in either direction usually means alts take a dumping. Will be updating this chart once 5500 SAT is confirmed to be broken, LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Short
by Irezumi
LITECOIN NEARING END OF MID-TERM BEAR TREND?!?! After a 31% Drop, looking for key structure changes in order to take optimal LONG positions! IDEAL bull entries would be change in market structure, breaking of 4HR downtrend, retesting downtrend as support then consistent HH, HL's forming Short term play is also possible looking for short entries at the top of the downtrends, remember trend is your friend until it breaks. If long play is confirmed TP's on way up by looking left at previous structure would be 5945, 6000, 6150 & final TP's within daily order block between 6275-6400 Will re-assess with more analysis once market structure changes & price starts getting close to order block, LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Long
by Irezumi
3
Litecoin/Bitcoin Potential Major Bottom (LTC)This is the double bottom I mentioned in the last post as you can see it settling on the red support and green support. Overall the btc pair looks really good. My main confirmation is when I start to see the 3day and weekly start to show signs of green for a long term hold. I wouldn't blame you if you got very aggressive around here for a long term hold. Just need to see that trend change and support hold as we approach it. Have an awesome day!
by UnknownUnicorn2319099
Litecoin Playing Games. (LTC)The best buy signal will be when we break the downward green Resistance. That's where we get interested for long term as the weekly is starting to show a turnaround to the upside but still very early and not green yet. We cracked the red upward support and now have bounced into an area where Resistance sits from old support. Has wiggle room to go around 54$ but it would have to move along the Resistance to get there. If all S&R holds it might be possible to see a drop to the $23-$25 previous low level. If you pull up ltcbtc you will notice that we have a potential double bottom but currently formed under Resistance. I say place buy limit in mid 20s in case of a drop. See if we can build some accumulation Will update on the weekly close as btc pair approaches this double bottom on btc pair Not aggressive on this one just yet. Let it breathe. Have an awesome day!
COINBASE:LTCUSD
by UnknownUnicorn2319099
2
LTCM20 LONG Setup Perfect Entry: FOR 1:6 RRHello everyone welcome to this update. I'll keep it short. LTC Just broke out of the falling wedge channel which is bullish in nature We are witnessing a perfect retracement on the resistance turned Support trendline. We can take a safe trade here. #LONG ENTRY: 0.005905 TO 0.005915 TARGET: 1. 0.006054 2. 0.006120 3. 0.006206 4. 0.006285 STOP LOSS: 0.005840 Risk: Reward ==> 1:6 (Highly profitable) Period of trade: 2 to 7 days Portfolio Allocation: 2 to 5% A perfect trade IMO. Please hit that like button if you agree with this setup. All the best. #Peace
LLong
by Cryptorphic
3
Litecoin: Parabolic Support Analysis 1H (Apr. 23)X FORCE GLOBAL ANALYSIS: Litecoin has been showing a very steady price move lately. In this analysis, we assess the technicals for Litecoin (LTC) and its bullish and bearish probabilities. Bullish Evidence - We have formed a parabolic support on the hourly chart - Prices initially created lower lows, until it transitioned into creating higher lows - The Relative Strength Index (RSI) showed a series of uptrends and downtrend, and it has recently shown a breakout - The Moving Average Convergence Divergence (MACD) shows decreasing bearish histograms and a potential golden cross Bearish Evidence - We are still creating higher lows on the price - Should we break down the parabolic trend line support, the bullish case would be negated What We Believe Given that the parabolic trend line remains intact, we believe that we could see higher lows, and the formation of potential higher highs as well. Trade Safe.
COINBASE:LTCUSD
by XForceGlobal
1
LTCBTC forming bullish Gartley | A good long opportunity aheadPreviously on 8th Jan I posted an article where on 12 hour chart the Litecoin with Bitcoin pair was forming bullish Shark then finally the price action of LTC entered in PRZ area and produced more than 45% gains. Formation of bullish Gartley: This time on very short term 2 hour based chart the price action of LTC with Bitcoin pair is forming bullish harmonic Gartley pattern and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Gartley pattern should be: Buy between: 0.006284 to 0.006260 sats Sell between: 0.006303 to 0.006350 sats Stop Loss: The potential reversal zone area which is up to 0.006260 sats can be used as stop loss in case of complete candle sticks closes below this level. This idea is for short term traders not a long term idea; I will be keep posting more trading ideas. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333
LTCBTC formed bullish BAT | A good long opportunityHi folks hope you are doing good, in my previous idea of Litecoin with Bitcoin pair we have seen that the LTC had formed a complete bullish Shark pattern 12 chart. The formation of that pattern was started on 26th Dec 2019 and completed in 8th Jan 2020 and we have seen that on 8th Jan 2020 the price action moved up with the powerful divergence and produced more than 45% gains. Another bullish harmonic pattern. This time on 1 hour short term chart after successful formation of previous bullish Shark pattern the Lite coin has formed another bullish BAT pattern and entered in potential reversal zone and ready to move up at any time. Let’s dig the pattern deeper to see how perfect it has been formed. After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 (here i have ignored extra spike) Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: 0.006246 to 0.006225 sats Sell between: 0.006297 to 0.006375 sats So this very short term trade can be a good long opportunity. Stop Loss: The potential reversal zone area that is up to to 0.006225 sats can be used as stop loss in case of complete candle stick opens and closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.
Long
by moon333