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Litecoinusd

LTC long term analysis - 29.08.2020On a weekly timeframe, the LTC is in a consolidation phase after breaking the previous weekly highs and the 23.6% level of the weekly Fibonacci retracement at 55$. However, the price is now testing this strong level that served as a support and resistance many times previously. I'm now waiting for the weekly candlestick to close in order to determine my long term bias. If price closes above this key level at the end of the week, I'll open a long position on LTC with the following targets: TP1: 65$ (latest top) TP2: 75$ (38.2% level of Fibonacci) TP3: 91$ (50% level of Fibonacci) Disclaimer: This is a trading idea and not recommendation to buy or sell. Please trade based on your own convictions.
BINANCE:LTCUSDLong
by eliakh
LTC Upgrade, Bullish?FA: LTC Upgrade approaching; if it is successful it could confirm the road to reach newer highs for LItecoin. TA: Broken Previous Resistance Level Strong upward wick supported by bullish sentiment due to upgrade Positive Money Flow shown by the Balance of Power indicator Not a good buy area, the downside is too high If you are already in the trade, keep going If you would still like to trade it, use dollar-cost averaging on the hourly chart and look for retracements -Megalodon (Rahim) We are working hard to create more powerful tools for our community, but we will be back to posting more content on the trading view as soon as that is done. Please Share/Comment & Like if you appreciate our content. BINANCE:LTCBTC COINBASE:LTCUSD BINANCE:LTCUSDT BINANCE:LTCUSD
Long
by BoSukas
3
Litecoin lagging behind but impulsive wave will follow very soonLitecoin has broken the daily descending structure so no more downside IMO.So If we consolidate above the market and don't go back into the structure we are totally fine. The probability of going upward is quite high compared to a downside option but we always stay cautious of the bitcoin move so if bitcoin doesn't ruin the show, Chances of Litecoin to make an impulsive move is very high, keeping in mind the last time bitcoin was above 10,000$, Litecoin was above 80$. So A 100$ Litecoin is on cards. Short term Targets are 70$ 84$ 120$ BINANCE:LTCUSDT
Long
by husnainashraf
3
Looking for the next Link right ? Hey guys, those who followed my previous analysis made quite a lot of profit. Especially on the latest Link Bull Run. Now we are looking for the next alt which will return similar size profits to us. When I check Litecoin chart, all technical analysis give sign for significant a bull run. Here are my thoughts below: Super Trend is Long in the daily time frame, The price is pushing up in 4hr time frame and about to break up the Ichimoku cloud There is a clear flag formation in daily time frame and close above 58.5 USD will break this flag up I expect a good bull run to new ATH after this break out. BINANCE:LTCUSDT #Litecoin
Long
by Crypto_Tech_Analysis
2
LTCUSD Update: Profit=69525 SL=6310 Reward/Risk > 11:1 Trade Setup summary: Profit targets=69525 pip (690+ 1230+ 1960+ 3060+ 4085 + 6070+ 7505+ 10280+ 15280+ 19365) Stop Loss =6310 pip Reward/Risk > 11: 1 Current Status: Total Profit: 7508 pip Closed trade(s): 1172 pip Profit Open trade(s): 6336 pip Profit Trade Setup: We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry method at 2020.07.25. Closed Profit: TP1 @ 50.65 touched at 2020.07.26 with 316 pip Profit. TP2 @ 56.05 touched at 2020.07.28 with 856 pip Profit. 316 + 856 = 1172 Open Profit: Profit for one trade is 54.53(current price) - 47.49(open price) = 704 pip 9 trade(s) still open, therefore total profit for open trade(s) is 704 x 9 = 6336 pip Technical analysis: . LTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 72. New trading suggestion: * There is still a possibility of temporary retracement to suggested support line (48.75). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the suggested support line (48.75). Take Profits: TP1= 50.65 TP2= 56.05 TP3= 63.35 TP4= 74.35 TP5= 84.60 TP6= 104.45 TP7= 118.80 TP8= 146.55 TP9= 196.55 TP10= 237.40 TP11= Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:LTCUSDLong
by ForecastCity
19
LTCUSD Update: Profit=69525 SL=6310 Reward/Risk > 11:1 Trade Setup summary: Profit targets=69525 pip (690+ 1230+ 1960+ 3060+ 4085 + 6070+ 7505+ 10280+ 15280+ 19365) Stop Loss =6310 pip Reward/Risk > 11: 1 Current Status: Total Profit: 7508 pip Closed trade(s): 1172 pip Profit Open trade(s): 6336 pip Profit Trade Setup: We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry method at 2020.07.25. Closed Profit: TP1 @ 50.65 touched at 2020.07.26 with 316 pip Profit. TP2 @ 56.05 touched at 2020.07.28 with 856 pip Profit. 316 + 856 = 1172 Open Profit: Profit for one trade is 54.53(current price) - 47.49(open price) = 704 pip 9 trade(s) still open, therefore total profit for open trade(s) is 704 x 9 = 6336 pip Technical analysis: . LTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 72. New trading suggestion: * There is still a possibility of temporary retracement to suggested support line (48.75). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the suggested support line (48.75). Take Profits: TP1= 50.65 TP2= 56.05 TP3= 63.35 TP4= 74.35 TP5= 84.60 TP6= 104.45 TP7= 118.80 TP8= 146.55 TP9= 196.55 TP10= 237.40 TP11= Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:LTCUSDLong
by ForecastCity
14