Litecoinusd
Critical Levels and Targets for Litecoin #LTC/USDWelcome everyone,
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Let's Discuss The Outlook for #LTC/USD
LTC has been moving up correctively and its difficult to see a more bullish count than just the potential gains that a corrective climbing asset can provide.
I've been noticing this among the majority of alts, and the way I interpret this is that altcoins move more in 3 waves than they do in impulses, similar to currency pairs such as EUR/USD. The other way to interpret this from an Elliott wave perspective is that we're dealing with a macro flat correction that will lead to an extensive downside leg that will surprise most investors and induce panic selling as critical levels are broke.
As such, in this chart I highlight the previous lows that I feel are important to maintaining an uptrend without drawing attention to the bears, If successful, this could give us a scenario of $160 for #litecoin.
What are your thoughts on LTC in the chart above? Does it have more upside potential? Or Do you think the critical lows will get broken?
Don't forget to follow, like and comment and I'll be doing a $500 giveaway if I can get ranked as a top #ElliottWave analyst on TradingView.
To Your Success,
Schyler
LTC (Litecoin) possible Breakout LTC / USDT
Possible Breakout from bullish pattern
If this pattern successed it will moon
I want to remind you that we already had signal about LTC in my channel and bought it early around 105$
Also you can check my last idea about LTC I told you to buy the pullback 👇👇:
Good luck 🤞
Litecoin the Litecoin is a price triangle component. If the triangle breaks above it, it will rise strongly, and if the triangle is broken down, I think it will return to the $ 50 and $ 40 areas when it breaks above. It will be a good opportunity to enter after breaking the upper trend resistance of the triangle …
Stay alert ..
what is your opinion ?
LTC 1D What is more likely: growth by +40% or fall by two times?Analyzing the previous idea , we can say that the price of LTCUSDT was unable to fix below $71.
Against the background of the BTC growth, buyers began to actively buy out LTC. By the way, few altcoins showed such growth on the last impulse of Bitcoin.
So, having fixed above $91 , buyers took control of the situation on the chart and easily reached the top target of $124.
Now we are thinking that it is time to correct for the rapid growth of the LTCUSD price. The intermediate target is $71 and the global one is $63.
Although, trading risks should be based on the level of $119 . Since above it, buyers will again, without resistance, begin to push the price towards the previous high in the range of $145
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LTCUSDT (Resistance line Breakout)LTCUSDT Technical Analysis Update
Resistance line Breakout
LTC/USDT currently trading at $111
LONG ENTRY level: $108 - 112
STOP LOSS: Below $103
Resistance level 1( Target 1): $117
Resistance level 2 (Target 2): $124
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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LTC weekly chart (Bullish)LTC / USDT
double bottom formation on weekly chart
Price about to break its neckline
Ltc is also above 23.60% fib level
Best buy area in this situation is to buy at pull back
At weekly support area 114$-100$
With stop loss weekly close below it
The target in short - mid term is around 200$ area
This is not a financial advice
Do your own plan before trading
Good luck and happy trading for you all 🌹
LTC TA ExampleExample of TA for the LTCUSD pair on Coinbase for my last few trades. It includes a comparison between active trading and buy+hold strategies as well as the trading range I used over this period.
I'm constantly tweaking indicators to try and find those that align with historical (and current) market movements, of course the Blockchain space comes with a lot of expected volatility .
To reduce risk without also reducing potential upside is always a challenge, although the current bull run easily makes the novice seem the expert. I make frequent use of stop-losses to lock-in profit once new support is established, which has worked well for me for the most part. Or course, sometimes a stop-loss triggers without dipping much farther and then rebounds quickly sometimes, and can have a negative performance impact . For that reason I think it's important to focus on long-term strategy and set your acceptable loss-levels accordingly. I am very bullish long-term on $BTC in particular and blockchain as an asset class, so my acceptable risk is probably higher than it otherwise would be.
Note: I am not an expert trader and am constantly learning. If anyone has advice for me r.e. TA for crypto assets please share with me!
Litecoin following Bitcoin Bull Circus next buy chance $102.81I'll keep it short. Unless Litecoin takes no break and just continues to climb,
Possible buy opportunities for Litecoin are at around $102.81 and $98.62.
Make sure to set your stop loss orders not to lose any money or sit there being forced to HODL.
LITECOIN - Intraday Update - 12/11/20 (Short-term) LITECOIN - Intraday Update - 12/11/20 (Short-term)
Outlook : Expecting LITECOIN to recapture its $93.159 high and beyond. Breaking above $86.970 ; is the next upside objective for the bulls. (Fist a Bullish Evidence)
Analysis : The break above $93.159 signals the second wave consolidation is complete, and the move puts LITECOIN back on track to challenge the next upside hurdle. The bulls are in control while $64.602 - - stays intact as support.
Bottom Line : A third wave rally is in its early stages. Subdividing higher within wave iii of (iii)
Note: Prices can vary between LITECOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
Litecoin / Dollar 🔥 on 1 h chart🚀 13.12.2020Hello, dear traders! Just quick overview on Litecoin 🧐
It looks like we left the falling wedge today. That's a good sign for growth. If you would like to entry now, split your buy order into several parts. 80 - 81 - 82! It would be great to catch a best price. Happy trading! 💃🏻
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