LITECOIN: PRICE READY TO GROW IN BULLISH CHANNEL | LONG Hello Everyone, I hope you'll Appreciate our Price action Analysis !
Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools.
Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE!
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
If you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Have a Good Take Day_Profits !
Litecoinusd
Litecoin still heading down? Litecoin
Intraday - We look to Sell at 102.94 (stop at 104.28)
Preferred trade is to sell into rallies. Previous support at 103.00 now becomes resistance. Prices expected to stall near trend line resistance. We have a 78.6% Fibonacci pullback level of 103.46 from 105.40 to 96.34.
Our profit targets will be 97.81 and 95.10
Resistance: 103.00 / 106.00 / 110.00
Support: 98.00 / 96.00 / 90.00
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.
LTC - Big Moment Hi, this is my new update for LTC. We are in a beautiful falling parallel channel for 5 months, but I think now it is time to choose a big direction. We are now under both the 50 days and 100 days moving averages, but once we get above these levels the next resistance is around 122$. I think we have big resistances on our way if we want to break this falling parallel channel, but I expect once we break it then we are ready to takeoff. If we get big green candle next week after 4 weeks with red candles, that will show us that we are ready for bullish momentum on both MACD and RSI.
Litecoin Breaking Down?Litecoin
Intraday - We look to Sell at 111.04 (stop at 113.76)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 110.00. The trend of lower highs is located at 115.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 101.10 and 98.20
Resistance: 110.00 / 115.00 / 120.00
Support: 104.00 / 100.00 / 90.00
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 - Disaster, is LTC Outdated ?I am not an LTC hater and I hope i would be wrong but the chart never lies:
LTC is seriously under trouble, unable to break higher, over resistance and i see a further drop..that's my TA opinion.
Fundamentally there are good and bad views.. mine is mostly neutral at this stage, i prefer to 'listen' to my chart.
“DIGITAL GOLD” VERSUS “DIGITAL SILVER” or just an 'OUTDATED TECHNOLOGY'?
Read this and decide alone:
WHY HATERS MAY BE WRONG ABOUT THE CONTROVERSIAL CRYPTOCURRENCY: www.inverse.com
One Love,
the FXPROFESSOR
Cryptos Still Look Bearish? Litecoin
Intraday - We look to Sell at 119.38 (stop at 121.57)
The trend of lower lows is located at 121.00. Previous support, now becomes resistance at 122.00. Broken out of the Head and Shoulders formation to the downside. We have a 50% Fibonacci pullback level of 118.75 from 127.38 to 110.12.
Our profit targets will be 110.15 and 108.12
Resistance: 120.00 / 127.00 / 133.00
Support: 110.00 / 105.00 / 100.00
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.
Cryptos in Decline? Litecoin
Intraday - We look to Sell at 121.95 (stop at 123.50)
The trend of lower lows is located at 126.00. Previous support, now becomes resistance at 122.00. Current prices have reacted from a low of 117.50, however, we expect further losses to follow. Preferred trade is to sell into rallies.
Our profit targets will be 117.49 and 116.10
Resistance: 122.00 / 130.00 / 140.00
Support: 118.00 / 115.00 / 110.00
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 to Move Lower?Litecoin
Intraday - We look to Sell at 128.39 (stop at 131.21)
The trend of lower intraday highs has also been broken. The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment. Previous support at 128.00 now becomes resistance. Follow through bearish momentum from 126.80 resulted in net losses.
Our profit targets will be 119.22 and 117.20
Resistance: 128.00 / 135.00 / 140.00
Support: 120.00 / 115.00 / 110.00
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: Buy the UptrendLTCUSD - Intraday - We look to Buy at 113.92 (stop at 111.57)
We look for a temporary move higher. Previous resistance, now becomes support at 114.00. 50 4hour EMA is at 113.00. 6 positive daily performances in succession.
Our profit targets will be 121.78 and 124.15
Resistance: 125.00 / 130.00 / 140.00
Support: 114.00 / 110.00 / 100
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.
LTCUSD wen moon? Litecoin is undergoing a long build up phase
As you can see on the right, it is just a bigger formation of one previously seen, and the one previously seen produced great results
The BTC pair shows a falling wedge, falling wedges are a very reliant and aggressive bullish pattern
Its just a matter of time within a wedge like this
Chart above suggests an entry
Litecoin Giant Magic TriangleLitecoin giant magic triangle originating in the year 2017. This is a rare technical pattern with beautiful symmetry. A mark of history to document a pending bull run. Happy trading!
Due Diligence:
Litecoin has always been one of the top name brand recognition in crypto.
It trends together with large market cap coins like Bitcoin and Ethereum .
There has never been any major scandals involving the Litecoin development team.
LTC is evenly distributed between many holders not just a few select whales.
Litecoin has some of the fastest and cheapest transactions of any blockchain.
LTC is tradeable on most major cryptocurrency exchanges globally.
Long Term Profit Taking:
Target 1: $420 All Time High
Target 2: $500 Psychological
Target 3: $777 Magic Number
Target 4: $1000 Altcoin Season
LITECOIN LONGS 📉📉📉📉 Expecting bullish price action on this crypto coin as price is rejecting from an important psychological barrier which is 100$, this is kind of a risky entry because the strucutre is still bearish. For a more conservative entry wait for a BOS above the previous high, retracement and then enter longs. I will enter on this trade on a smaller risk, if it hits my stop loss i am fine.
What do you think ? Comment below..
🦗🦗 300%+ POTENTIAL ON LTC/USD 🦗🦗Greetings,
Today we're having a look at one of my favourite classic cryptocurrencies, Litecoin . We are at the bottom of another lengthy swing trade (2-5 months long trade). Right now Litecoin price is on strong support levels ($97-100). If it breaks below $97, we are in trouble people (Set stop losses accordingly!).
For those new to the game, let me give you a quick back story of LTC. It was released all the way back in 2011 as an alternative coin to BTC, designed to provide fast, secure & low costing transfer fees. LTC is based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
What makes Litecoin different? Charlie Lee makes Litecoin different. Charlie Lee, an early cryptocurrency adopter and a name held in high regard in the cryptocurrency industry. Charlie Lee, also known as “Chocobo,” is an early Bitcoin miner and computer scientist, who was a former software engineer for Google. In addition, Charlie Lee held the role of director of engineering at Coinbase between 2015 and 2017 before moving on to other ventures.
PRICE HISTORY;
March 2017 - $3.40
December 2017 - $352 (100x + in less than 12 months)
March 2020 - $34
May 2021 - $411
Today - $102
One thing we know about history is that it repeats itself. I am truly confident we will see LITCOIN reach all time highs again.
Remember, nothing is guaranteed, control the controllables.
Mogues
Litecoin: Short Previous ResistanceLTCUSD - Intraday - We look to Sell at 107.15 (stop at 111.10)
Preferred trade is to sell into rallies. Previous support at 108.00 now becomes resistance. We have a 61.8% Fibonacci pullback level of 108.41 from 116.00 to 96.14. The primary trend remains bearish.
Our profit targets will be 96.14 and 91.22
Resistance: 108.00 / 112.00 / 116.00
Support: 96.00 / 90.00 / 80.00
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 Falling Wedges, LTCUSDLitecoin has entered a mini down move, within a falling wedge
Falling wedges however tend to break out aggressively to the bullish side once completed, as shown in the green box of the first wedge
It is just a matter of time before the more recent wedge breaks out to the upside and pattern completion occurs
Litecoin Short Term Uptrend?LTCUSD - Intraday - We look to Buy at 103.39 (stop at 99.97)
Preferred trade is to buy on dips. There was little net movement as we continue to consolidate within the 110.00 - 115.00 range. The trend of higher lows is located at 102.00. Previous support located at 100.00. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 115.71 and 118.31
Resistance: 115.00 / 120.00 / 132.00
Support: 110.00 / 100.00 / 90.00
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.
LTCUSD Analysis Long Term Periods of Bear and Bull are shown in sections
Currently price is within a falling wedge, as it has been before and broken out before successfully
The 200MA is currently being touched and is a great point for a suggested break out of the wedge
900D cycles seem to be common with a Bull and Bear cycle sharing roughly the same length
Still Looking For Litecoin Short LevelLTCUSD - Intraday - We look to Sell at 110.63 (stop at 114.50)
Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 109.50. The hourly chart technicals suggests further upside before the downtrend returns. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Our profit targets will be 101.38 and 92.80
Resistance: 110.00 / 120.00 / 125.00
Support: 100.00 / 90.00 / 80.00
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.