LTC
LTCUSD Futures ( LTCUSD ), H4 Potential for Bearish DropTitle: LTCUSD Futures ( LTCUSD ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 102.62
Pivot: 98.20
Support: 86.69
Preferred case: Looking at the H4 chart, my overall bias for LTCUSD is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly head towards the support at 86.69, which is the intermediate support.
Alternative scenario: Price may head back up to retest the resistance at 102.62 where the recent high is located.
Fundamentals: There are no major news.
LTCUSD Potential for Bearish Drop | 6th February 2023Looking at the H4 chart, my overall bias for LTCUSD is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market.
Looking for a pullback sell entry at 97.95, where the overlap resistance is. Stop loss will be at 102.65, where the recent high is. Take profit will be at 86.52, where the intermediate support is.
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$LTC/USDT 2D (#BinanceFutures)Descending trendline on resistanceLitecoin is approaching overbought territory and seems likely to be rejected on 200MA.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 10.1%
Current Price:
81.93
Entry Targets:
1) 83.61
Take-Profit Targets:
1) 65.01
Stop Targets:
1) 96.04
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +44.49%
Possible Loss= -29.73%
LTC making a move?This pendant has been shaping up for the past 2.5 months on the LTC:BTC pair.
It broke out a few days ago (up).
It's in a huge resistance band now ... the pivot area. Facing a lot of head wind.
If it can break out of this resistance ... there seems to be a lot of upside.
Is LTC going to do something special for us?
Use at your own risk ... this is not trading advice.
Trading crypto is risky in my opinion ... but I like gambling sometimes.
Litecoin - Are you a Bob -Trader ?Hi Traders, Investors and Speculators of the Charts 📈📉
The continues market cycle between Bitcoin and altcoins can clearly be seen at the moment. It goes something like this:
🤩 Bitcoin goes UP ... Bob Fomo buys the rally
🤔 Bitcoin corrects ... Bob panics and sells
🤑 Altcoin rallies ... Bob thinks, screw BTC, I'm going all in on this altcoin
😨 Altcoins correct ... Bob panics. Altcoins are scams! Sells everything
🤩 Bitcoin goes up .... Bob Fomo buys the rally
Moral of the story... Don't be like Bob. Don't try to FOMO in whilst the price is going up. Plan your trade, preset your TP and SL.
Interested in another alt with massive upside potential? Here's a low risk high reward setup on LINKUSDT :
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CryptoCheck
I always keep an eye on LTC ⚙️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for LTC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich