With the markets range bound, there is a idea here to take price back down since we've taken out the range high. Invalidation is a new higher high from here. Stop losses likely on the way down are plentiful.
LTC 4H support is at ~$75 Enter 50% at the current price and try to set some BUY orders near the support zone If LTC stays above the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
LTC 4H support is at ~$71 Enter 50% at the current price and try to set some BUY orders near the support zone If LTC stays above the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
A few years ago Litecoin was trading at this very level and at the time the idea was that it would eventually make a higher low and give us a Bullish Bat-Action-Magnet-Move which would result in LTC confirming a harmonic W structure and revisiting the 88.6% Retrace Above to Finalize a Bearish Bat Pattern; After many months we finally set in the higher low we were...
LTC 6H support is at ~$53 Enter 50% at the current price and try to set some buy orders near the support zone If LTC holds above the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
LTC 1H support is at ~$110 Enter 50% at the current price and set some buy orders near the support zone If LTC holds above the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
LTC LH resistance is at ~$152 We will buy LTC again once it breaks the resistance and stays above the trendline Cheers
LTC 3H support is at ~$205 Enter 50% here and try to set some buy orders near the support zone If LTC holds above the trendline, the Take-Profit target would be $221.5, $231.5, and $252.6 Cheers
Seems as if LTC is going up in a rising wedge. LTC pumped out some nice gains this last week. What do you think? **Please comment, like, and follow. Trying to build a base as a beginner. Any feedback is appreciated.** **This is NOT financial advice**
Setting bids for LTC around $163-$160. A retest of H1 Demand will keep the bullish structure intact for LTC, Target price is mentioned on the chart.
Hello Traders, IMO LITECOIN is forming and inverted H&S. I expect a correction for Bitcoin and Litecoin will do the same. 185-195 usd is a strong resistance and a key level, a breakout and close above on weekly tf will give a strong bullish momentum, until then 160.5-165 is a good place to buy cheap. Don't overleverage.
LTC 1H support is at ~$180 Try to set some buy orders near the support zone If LTC holds above the trendline, the Take-Profit target would be $191, $215, and $230
LTC 1D support is at ~$150-$170 Also try to set some buy orders near the support zone If LTC holds above the trendline, the Take-Profit target would be $190, $220 and $250
LTC is now sitting on 2H support (~$170) It's time for LTC to make a decision If LTC holds above the trendline, the Take-Profit target would be $195, $212, and $238
LTC is now sitting on 1H support (~$177) It's time for LTC to make a decision If LTC holds above the trendline, the Take-Profit target would be $215, $235, and $250
LTC is now sitting on 2H support (~$180) It's time for LTC to make a decision If LTC holds above the trendline, the Take-Profit target would be $215, $235, and $250