Ltclong
Buying Litecoin at oversold extreme.Litecoin - Intraday - We look to Buy at 52.51 (stop at 50.98)
We are trading at oversold extremes.
The trend of higher lows is located at 52.50.
We look to buy dips.
Bullish divergence can be seen on the weekly chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Our profit targets will be 56.36 and 57.36
Resistance: 56.00 / 57.50 / 59.00
Support: 54.00 / 53.00 / 52.00
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
To buy the oversold extreme in Litecoin.Litecoin - Intraday expiry 8am UK - We look to Buy at 50.36 (stop at 48.88)
With signals for sentiment at oversold extremes, the dip could not be extended.
Trading close to the psychological 50.00 level.
50.16 has been pivotal. Bullish divergence is expected to support prices. We look to buy dips.
Our profit targets will be 54.19 and 55.19
Resistance: 54.00 / 56.00 / 57.50
Support: 52.00 / 50.00 / 48.00
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: Buy breakLitecoin
Intraday - We look to Buy a break of 54.01 (stop at 52.58)
We are trading at oversold extremes. A higher correction is expected. A break of bespoke resistance at 54.00, and the move higher is already underway. Expect trading to remain mixed and volatile. A break of yesterdays high would confirm bullish momentum. The trend of higher lows is located at 52.50.
Our profit targets will be 57.45 and 57.95
Resistance: 54.00 / 56.00 / 57.50
Support: 52.00 / 51.00 / 50.00
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Litecoin to see a correction to the upside?Litecoin - Intraday - We look to Buy a break of 54.01 (stop at 52.58)
We are trading at oversold extremes.
A higher correction is expected.
A break of bespoke resistance at 54.00, and the move higher is already underway.
Expect trading to remain mixed and volatile.
20 4hour EMA is at 54.15.
The trend of higher lows is located at 52.50.
Our profit targets will be 57.45 and 57.95
Resistance: 54.00 / 56.00 / 57.50
Support: 52.00 / 51.00 / 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
Get Ready for 2023 LTC Halving Event NowNow is the time to get ready for the 2023 LTC halvening. You want to be way ahead of the herd, as this should be the big headlining event in the crypto space next year. Top to bottom last halving event was December to December. The crypto market is currently capitulating per my previous idea. Buy Zone is indicated in purple.
Date ranges and price drop percentages look to be pretty identical. Hold this bad boy for a year or so. Putting this one down for my own future reference.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
LITECOIN LONGS ACTIVE📉📉📉Expecting bullish price action on LTC as price shifted the strucutre from bearish into bullish and for now price rejected a bullish orderblock area on the H4. We have clear area till 150/180 possible targets.
EXTREME FEAR on the fear/greed indicator meaning there is a good buying opportunity.
What do you think ? Comment below..
LITECOIN LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on LITECOIN as price shifted the market strucutre from bearish into bullish making a change of strucutre move. Retraced back into bullish orderblock area on the h4 104$ price area, we have a bullish confirmation and ,,green light,, for the bullish move.
What do you think ? Comment below.
LITECOIN LONGS expected 📉📉📉📉 Expecting bullish price action on this coin as we shifted the strucutre from bearish into bullish, price made a bullish bos somewhere around 112$. I will wait for a retracement to happend and then to enter a LONG trade straight into 150-200$ price areas. 100$ institutional figure acts as a valuable area of ,,support,, for this crypto coin.
What do you think ? Comment below..
Litecoin to Retest Support? LTCUSD - Intraday - We look to Buy at 122.47 (stop at 117.34)
We look to buy dips. Choppy price action seen. Previous resistance located at 132.00. Buying continued from the 50% pullback level of 120.73. We look for a temporary move lower.
Our profit targets will be 141.06 and 145.15
Resistance: 132.00 / 142.00 / 150.00
Support: 125.00 / 120.00 / 115.00
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/USDT is finally in UP TREND !!! On the LTC/USDT chart, I see a red important area of daily support and also a green area that shows daily resistance.
We also see the broken trend line H4 and now the broken trend line from chart D1.
In addition, the green trend line from the H1 graph shows us that the current trend is UP TREND, so it is advisable to switch to lower time frames and look for a suitable entry into the position.
We will only enter the position if all the conditions of our Price Action strategy are met.
Thank you for your attention. Alex_UCT