Litecoinusd
LTC Possible full cycle correctionHi everyone,
In regards to litecoin I see immense problems. We broke the overall trend line and even tough we are at good support currently Litecoin gives no reaction on these levels. Zooming out into the bigger picture we see a possibility of a full cycle correction. Given that possibility Litecoin will correct like crazy. First support is around 30 dollars. After that we even might be going to 10 dollars to the 0,618 fib level. Keep in mind that prices are currently trading at around 60USD per Litecoin...
At times we will see that litecoin was leading the crypto market, if this still is true, the outcome will be desastrous for a lot of coins.
The chart speaks for itself, I base my idea on overall trends, fibonacci and elliot waves.
Like allways this is no financial advice.
Short term bullish on crypto? Litecoin
Intraday
We look to Buy at 44.05 (stop at 42.82)
Preferred trade is to buy on dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 43.50. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 47.44 and 51.29
Resistance: 51.00 / 56.00 / 74.00
Support: 44.00 / 41.61 / 30.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
26% DOWN in 1 DAY!!!Litecoin
Intraday - We look to Sell at 45.89 (stop at 47.18)
Preferred trade is to sell into rallies. A sequence of weekly lower lows and highs has been posted. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today.
Our profit targets will be 41.13 and 39.19
Resistance: 45.00 / 56.00 / 74.00
Support: 43.00 / 35.00 / 30.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Litecoin ready to drop!!Litecoin
Intraday - We look to Sell at 60.68 (stop at 62.08)
Preferred trade is to sell into rallies. A mild correction has been posted from yesterdays low, this is seen as a retest of the breakout level. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today.
Our profit targets will be 51.94 and 49.10
Resistance: 61.00 / 70.00 / 74.00
Support: 58.50 / 51.00 / 40.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Cryptos aren't backLitecoin
Intraday - We look to Sell at 66.96 (stop at 68.79)
Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. We have a 50% Fibonacci pullback level of 67.18 from 73.92 to 60.45. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 60.44 and 51.10
Resistance: 67.00 / 73.00 / 98.00
Support: 60.44 / 52.00 / 50.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Litecoin (LTC) formed a huge bullish Gartley for upto 1350% moveHi dear friends, hope you are well and welcome to the new trade setup of Litecoin (LTC).
On a monthly time frame chart, LTC has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Litecoin: Selling ralliesLitecoin
Intraday - We look to Sell at 66.78 (stop at 68.61)
Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. Our outlook is bearish. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 60.60 and 51.10
Resistance: 67.00 / 73.00 / 98.00
Support: 60.00 / 52.00 / 50.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Feeling lighter?Litecoin
Intraday - We look to Buy at 65.02 (stop at 62.98)
Price action continues within the short-term bearish trend channel. Previous support located at 65.00. A move lower faces tough support and we remain cautious on downside potential. Trading has been mixed and volatile.
Our profit targets will be 73.19 and 85.00
Resistance: 74.00 / 82.70 / 88.00
Support: 68.00 / 65.00 / 61.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Litecoin: Where next? Litecoin
Intraday - We look to Sell at 72.96 (stop at 75.42)
Further downside is expected and we prefer to set shorts in early trade. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. Levels close to the 38.2% pullback level of 73.00 found sellers. Upward pressure has continued and we are assessed as being in the corrective leg before the next selloff. Preferred trade is to sell into rallies.
Our profit targets will be 65.40 and 51.10
Resistance: 73.00 / 80.00 / 90.00
Support: 65.00 / 60.00 / 50.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Litecoin looking lower? Litecoin
Intraday - We look to Sell at 76.92 (stop at 80.43)
Preferred trade is to sell into rallies. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. We have a 78.6% Fibonacci pullback level of 76.07 from 82.78 to 51.42. Expect price action to remain mixed and volatile as this corrective sequence continues. Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 64.39 and 51.10
Resistance: 75.00 / 80.00 / 90.00
Support: 65.00 / 50.00 / 40.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Litecoin: Relief before more pain?!!Litecoin
Intraday - We look to Sell at 75.44 (stop at 79.81)
The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into rallies. We have a 78.6% Fibonacci pullback level of 75.97 from 82.66 to 51.42. Expect price action to remain mixed and volatile as this corrective sequence continues. Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 64.38 and 51.10
Resistance: 75.00 / 80.00 / 90.00
Support: 60.00 / 50.00 / 40.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Jamie Trade Idea - Sell Litecoin Trade Idea: Litecoin heading lower?
Reasoning: Confluence sell at 61.8% Fibonacci level
Entry Level: 68.51
Profit Level: 60.09
Stop Loss: 71.51
Risk/Reward: 2.81R
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
H&S ON $LTC & BEAR FLAG ON $BTC$LTC has formed a H&S pattern in the daily time frame while $BTC is in a bear flag near support line bounced a little bit up. Fed will raise interest rate starting from May which is a very bearish sign for the stock market! Nasdaq is positively correlated with Bitcoin.
In a nutshell, cryptocurrency market depends totally on the US stock market.
For this $LTC scenario to play out we need this $BTC move:
LTCUSD - Litecoin Halving's Plotted on the chart in orange are LTCUSD's three and most relevant halving dates, with the third being yet to come until July 25 2023
The first halving and the third show similarities, in that they both are experiencing a bull move that will lead to a bull market before the halving
The first one took a long time to materialize however with a long period of low price volatility. I'm going to assume that a phase like this will be skipped on the third halving and bull action will come as the halving comes
This is purely due to the age of the coin
Right now is a great entry into LTCUSD
Litecoin- Genuine break under 100 figure- 70 is my targetSince January's break under 140 support, Litecoin is trading in a descending triangle. The end of March beginning of April break above trend line resistance proved to be a false break and the coin has dropped again to 100 support. As I expect a strong sell-off in all the crypto market, for sure Litecoin will not make an exception and it will dive (in my opinion) under 100 key figure.
70 USD is my target and only back above 110 would change my opinion
LitecoinLite coin is my crypto script today, I love lite coin and all crypto, I have bitcoin, eutherium, all Crypto.com, also charts are on balance volume is 85.426m, Roc - 12.37
MF 0.28 average - 162.86 low, - 91.52 volume 1.013M
Dodge coin, i also love my broker,i haven't made any money from trading, as id rather leave it in the markets global markets, UK, USA, euro, Asia, ect.. Ect...
Happy with my script today for lite coin, UsS dollar.