LTC/USD WAIT FOR SHORT Has the price of Litecoin begun to rise?
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LTCUSD
LTCUSD BEARISH REVERSAL- Butterfly Harmonic Pattern LTCUSD BEARISH REVERSAL- Butterfly Harmonic Pattern
Butterfly Harmonic Pattern detected on this Chart. We'll ride the Bearish Trend reversal after Confirmation of this trend with a series of LL and LH. Placing Sell stop order and TP1 is at least 1:1. Later with trailing Stoploss levels more Tps Points will continue to ride this Bear trend.
$ltc short | wave 2 last leg | $55 TPltc looks like an easy short here. rising wedge breakdown was bought up, but continued to struggle here at the horizontal pivot.
expecting a big sell off to get us down to that wave c target ~ $55.
invalidation above local resistance.
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 95.51 (stop at 92.51)
Posted a Double Top formation.
There is no clear indication that the upward move is coming to an end.
Daily signals are mildly bullish.
95.69 has been pivotal.
A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 102.51 and 103.51
Resistance: 94.50 / 95.69 / 98.00
Support: 91.00 / 90.00 / 88.50
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.
LTCUSD ❕ fixed above the downward channelTrading volumes remain stable.
The RSI chart is moving near neutral values on the main timeframes.
Price has fixed above 50EMA (4H TF)
I believe that the asset will continue to rise after overcoming the resistance level.
ETH Major Upside Incoming? Conditions are RIPE. New HH at Close?*******TO CLARIFY*****The XABCD charted is not in the parameters of an official harmonic.
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ETH is now back testing previous spring and is going to attempt to potentially claim a new HH at close. I expect a push to the upside.
ETH has all the ingredients in the mixing bowl, as the only thing to do now is...... BAKE THE CAKE.
Current Variables- Hidden Bullish Divergence on MACD, Currently in the process of price action follow through IEW the Hidden Bull Div, Momentum is building and the market in general has is ripe for upside.
If held, ETH is going to then test the top of the broadening wedge and attempt to get into the 2000's once again. I think at market close, we will see an attempt of a breakout
if ETH can print another HH before close, ETH can RIPPPP.
LTCUSDT heading for 4h support, long favorable from thereThe price is heading towards 4h support zone. Once the price reaches this zone, a long should be favorable at least to the 92.53 level.
Litecoin being a good market sell?Litecoin - 24h expiry - We look to Sell at 94.18 (stop at 97.18)
94.50 continues to hold back the bulls.
94.52 has been pivotal.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Although buying has been posted overnight, the rally has been limited.
We look for a temporary move higher.
Our profit targets will be 87.18 and 85.79
Resistance: 93.00 / 94.50 / 95.69
Support: 90.00 / 88.50 / 87.00
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.
LTC looks to break resistance soonPrice is gathering above the .236.
Retracement reached to the .618 level.
Im looking for a break above this zone with a retest.
NFA
Do you own DD
LTC is going to be bearish soonLTC is going to create an Inverse Cup and handle pattern which means the price will be having a downfall pretty soon. The pattern has not formed completely but when it happens we shall expect a reaction from the resistance level and afterward we shall see a Dump .
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
Trading Idea for LTC (Spot) Swing TradeBINANCE:LTCUSD
LTC (Spot) has been in a bullish uptrend since the beginning of the year, and it recently saw a sharp correction from its all-time high. The price has now retraced to a key support level at $95, presenting a potential buying opportunity for swing traders.
As a swing trader, you will need to have a longer-term outlook for this trade and be willing to hold your position for at least one to three months. Our entry point for this trade will be at $95, with a stop loss placed at $71.70, just below the previous swing low, to limit potential losses. The target price for this trade is at $160, which offers a potential profit of 68%.
With a solid risk to reward ratio of 2.83, this trade is an attractive opportunity for swing traders. It is important to monitor the price action and adjust your position as necessary, but also to avoid being too reactive to short-term price fluctuations. With well-defined entry and exit plans in place, swing traders can take advantage of this potential buying opportunity in the cryptocurrency market.
Overall, this trading idea for LTC (Spot) presents a great opportunity for swing traders to potentially capitalize on the high potential for profit with a longer-term outlook. By closely monitoring price action and sticking to your trading strategy, swing traders can potentially take advantage of this current market condition.
Litecoin to breakdown?Litecoin - 24h expiry - We look to Sell a break of 84.98 (stop at 88.08)
Broken out of the triangle formation to the downside.
Trading has been mixed and volatile.
Daily momentum has stalled and our bias is now neutral.
A break of the recent low at 85.33 should result in a further move lower.
85.33 has been pivotal.
Our profit targets will be 77.48 and 76.48
Resistance: 90.00 / 93.00 / 94.50
Support: 89.00 / 87.50 / 85.30
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.
Litecoin Long Term AnalysisLitecoin breaking the moving average in the monthly timeframe indicates a bull market. $130 is seen as the target first, but higher levels can be seen if this is broken.
LTCUSD ❕ downward channelLitecoin is moving under the liquidity level, in a downward channel.
50EMA has broken down 200EMA (1H TF)
I expect the asset to decline after holding in the channel.
#LTCUSD- APPROACHING PREMIUM AREA TO SELL Happy Weekend, Prices of the crypto has been bullish since we have got to know about USA BANKING CRISIS making DXY and other currencies vulnerable therefore for shorter term we would be expecting price to continue rising until it reach out area of reversal where we can sell for swing entry.
Litecoin in ascending triangle.Litecoin - 24h expiry - We look to Sell at 94.28 (stop at 97.64)
Price action has continued to range within a triangle formation.
Bespoke resistance is located at 94.50.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Price action has broken from the previous formation.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 85.88 and 85.08
Resistance: 92.50 / 94.50 / 95.69
Support: 90.78 / 90.00 / 88.63
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.
✅TS ❕ LTCUSD: still moving✅✅ LTC continues to move above the support area.
The chart is moving in an uptrend.
The asset will continue to rise.✅
🚀 BUY scenario: long to 97.11🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Litecoin LTC price is preparing to plunge by -25-30%, where buy?Historically, when a global growth trend emerges, Litecoin is ahead of the "train" and sets the pace.
We described this in more detail, with graphs and comparisons, in our previous idea here:
If we look at the LTCUSDT chart, we will notice that while almost the entire market was still growing well in the previous weeks, the LTC price stopped before an important level.
Therefore, our assumption is that in the near future, LTCUSD may begin a significant downward correction, and the entire crypto market may follow it.
For us, the ideal zone for buying LTC long for a medium- to long-term investment is the same trading range of $65-73.
If we look at the chart of the LTCBTC pair, we will see that the price broke through the trend line at the end of 2022, which finally ended the protracted downward trend.
However, the LTCBTC price is currently in consolidation and a downward correction of 15-25% is quite realistic. Therefore, there is no need to rush to buy longs at current prices; it is safer for your deposit to wait and see how the current situation will be resolved.
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LTCUSDT long favorable from daily supportThe price is getting pushed back from weekly resistance. Currently trading inside low time frame support zone. However, I would expect the price to go towards the daily support zone. If it comes to that zone, a long is favorable there.
