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LTCUSD

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. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COINBASE:LTCUSDShort
by FXCM
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.
LShort
by Genesiv
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. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COINBASE:LTCUSDShort
by Rockqet
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 : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
16
Important price action zoneLitecoin strongly broke the resistance of the 0% Fibo range. The next resistance is $101.70, and the third is in the $107.10 range. These two levels are an important price action zone. Also, the target is one of the moving targets of the previous upward wave. So, in the daily time frame, if a negative divergence is formed on the chart, we can expect a price correction with a high probability. Also, breaking the bottom of the ascending channel can be another price reversal warning.
by MonoCoinSignal
2
LITECOIN LTC price is preparing for continued growthToday we will bring to your attention the medium-term trade LTCUSDT and something more, read to the end!) Entry $69.1 Stop $60.23 Take profit $95.74 Profit/Loss ratio 3/1 Since the Fed will announce a new rate today, we expect increased volatility in the market, so we are putting the entry order of trade well below the current price. This trade fits into the logic of the LTC price movement, which we described in our global idea a few months ago. In general, the Litecoin price was one of the first to show quite good growth, outpacing even the growth of BTC One of the reasons for the rapid growth of the LTCUSD price may be the fact that LTC halving occurs about six months earlier than BTC halving, although they occur on the same mined block. In 2023-2024, everyone is waiting for the mined block #840000 As you can see on the chart above, the BTCUSDT price has a powerful and long-lasting upward trend immediately after "halving". The price of LTCUSDT, on the contrary, after "halving", goes into a stage of long-term correction. But after rapid growth, the LTC price reaches its maximum value 6-7 weeks before the planned "halving". Therefore, we can assume that in the medium term, the LTCUSDT price will reach its high in June 2023. We will publish our updates on Litecoin from time to time and if you are interested in this cryptocurrency, then put a like under the idea, write a comment and subscribe to us. And you will always be promptly informed about possible price changes. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
51
Litecoin Faces Heavy Drop to $10 (Best Case Scenario)With Litecoin forming what seems to be a bullish double zig zag to lead its all-time macro wave structure, there are one of two options for the follow up: The most bullish outcome being a long-term diagonal wave setup, which would require a test and discover of support from the $10.50 range. The most bearish outcome would see Litecoin doing its best Luna-bomber rendition and making new all-time lows. In either case, it may be a good time for investors to abandon ship and protect profits. This is the point where the decision is made to surf or to drown.
BINANCE:LTCUSDShort
by DigitalSurfTrading
12
Litecoin to stall at highs.Litecoin - Intraday - We look to Sell at 90.49 (stop at 92.61) The rally was sold into but, the dip lower has stalled. Levels above 90 continue to attract sellers. We are trading at overbought extremes. A higher correction is expected. We look for a temporary move higher. Our profit targets will be 85.46 and 84.46 Resistance: 88.00 / 88.80 / 90.50 Support: 87.00 / 86.30 / 85.50 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.
VANTAGE:LTCUSDShort
by VantageMarkets
3
Litecoin- I'm looking to sellThe enthusiasm came back with vengeance in the crypto market with all the "gurus" from youtube and media calling for a final bottom and "to the moon" from now on. I'm not sure at all and even if we'll have another 10% of gains, these for me will be good entry points for shorting the market. In Litecoin's case, we are approaching a very strong resistance zone above 95 and into 100 figure and I expected at least a drop to 60 after bulls reconsider their hopes. That being said, I will look to sell 100 with a negation if the case of a clear and sustained break above and a target around 60 support
COINBASE:LTCUSDShort
by Mihai_Iacob
5