Litecoin LTF Signals Potential Bullish Catapult in PlayWith SEC decision day for the Litecoin ETF delayed until May 5, 2025 , seems those idle hands are idle no more with Litecoin.
From a fundamentals perspective, the hash rate for Litecoin is in overdrive since November, racing to the 2.37 PH/s handle, and continues to dominate as the most used cryptocurrency for transactions on Bitpay (34.7%), surpassing Bitcoin, Ethereum, and USD stables.
From a very basic fundamentals perspective, it seems Litecoin should be primed for a move higher in the near term.
Potential Bullish Catapult & Target Price
In Point & Figure Charting “a typical Bullish Catapult forms with a Triple Top Breakout, a pullback, and then a Double Top Breakout.”
The formation is showing a clear triple top followed by a Sign of Strength (SOS) on the breakout to the $97 handle. It appears to be a textbook Bullish Catapult formation. The Horizontal Price Count suggests that if this formation plays out, the target price for this move would be the $120 handle.
Always remember this is not trading advice.
Outside of that, Happy Trading.
LTCUSD
LTCUSD INTRADAY at decisive point Technical Analysis of LTC/USD
Trend Overview: LTC/USD exhibits a neutral sentiment within a prevailing range-bound trading structure. The recent price action suggests an oversold bounce-back, forming a bearish sideways consolidation. This indicates indecision in the market, with neither bulls nor bears taking full control.
Key Levels:
Resistance: 960.00, 988.50, 1031.40
Support: 883.00, 840.10, 808.80
Price Action Analysis: The key resistance level at 960.00 serves as a crucial pivot point. An oversold rally from current levels could face rejection at this zone, leading to further downside movement. Failure to break this resistance may result in renewed bearish momentum, targeting lower support levels at 883.00, followed by 840.10 and 808.80 in the longer timeframe.
Alternatively, a confirmed breakout and daily close above 960.00 would shift sentiment to bullish, potentially opening the door for an upward move towards 988.50 resistance. Further bullish momentum could drive LTC/USD to 1031.40, reinforcing a stronger uptrend.
Conclusion: LTC/USD remains in a consolidation phase, with the 960.00 level acting as a decisive point for future price direction. A bearish rejection at this level could reinforce a downward trajectory, while a breakout above it would invalidate the bearish bias, signaling potential further gains. Traders should closely monitor price action near 960.00 to assess the next significant move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Litecoin LTCUSD at pivotal level Litecoin (LTCUSD) remains in a neutral stance, as price action continues to trade within a longer-term sideways range. The key trading level at 940.00 will play a crucial role in determining the next directional move.
Key Levels to Watch
Resistance Levels: 1,120, 1,217, 1,320, 1,374
Support Levels: 859.00, 816.00
Bearish Scenario
If LTCUSD fails to bounce back from 940.00 and faces rejection, a downside move could emerge. A sustained decline below this level may trigger selling pressure, targeting 859, followed by a potential retest of the 816.00 psychological support over the longer timeframe.
Bullish Scenario
A decisive bounce back from the 940.00 support level, confirmed by a daily close higher, would shift sentiment toward a bullish outlook. This could open the way for further gains, with upside targets at 1,120, followed by 1,217 and1,274 in an extended rally.
Conclusion
LTCUSD is currently consolidating within a neutral range, with 940.00 acting as a key pivot level. A rejection from this zone could reinforce bearish pressure, while a breakout above 1,120 could confirm bullish momentum. Traders should monitor these levels for confirmation of the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
LTCUSD The Week Ahead 17th March ’25 Litecoin (LTCUSD) remains in a neutral stance, as price action continues to trade within a longer-term sideways range. The key trading level at 940.00 will play a crucial role in determining the next directional move.
Key Levels to Watch
Resistance Levels: 1,120, 1,217, 1,320, 1,374
Support Levels: 859.00, 816.00
Bearish Scenario
If LTCUSD fails to bounce back from 940.00 and faces rejection, a downside move could emerge. A sustained decline below this level may trigger selling pressure, targeting 859, followed by a potential retest of the 816.00 psychological support over the longer timeframe.
Bullish Scenario
A decisive bounce back from the 940.00 support level, confirmed by a daily close higher, would shift sentiment toward a bullish outlook. This could open the way for further gains, with upside targets at 1,120, followed by 1,217 and1,274 in an extended rally.
Conclusion
LTCUSD is currently consolidating within a neutral range, with 940.00 acting as a key pivot level. A rejection from this zone could reinforce bearish pressure, while a breakout above 1,120 could confirm bullish momentum. Traders should monitor these levels for confirmation of the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Litecoin is in a bearish cycle (12H)From the point where we placed an arrow on the chart, it appears that Litecoin's complex correction has begun.
Currently, we seem to be in wave C of this correction.
Wave C, based on the 3D structure, could end at demand 1, leading to wave D, which is a bullish wave.
However, ultimately, wave E could conclude within the demand 2 zone.
Liquidity pools for waves C and E are marked on the chart, and it is expected that each will be swept in turn.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
LTC/USD "Litecoin vs US Dollar" Crypto Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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LTC/USD "Litecoin vs US Dollar" Crypto Market market is currently experiencing a bullish trend,., driven by several key factors.
🔱Fundamental Analysis
Litecoin Adoption: Growing adoption of Litecoin as a payment method, with increasing transaction volumes.
Halving Event: The upcoming halving event in August 2025 is expected to reduce Litecoin's block reward, potentially increasing demand and prices.
Competition from Other Cryptocurrencies: Increasing competition from other cryptocurrencies, such as Bitcoin and Ethereum, may impact Litecoin's market share.
🔱Macro Economics
Global Economic Trends: The ongoing global economic recovery is expected to drive up demand for cryptocurrencies, including Litecoin.
Inflation Rate: Global inflation is expected to rise to 3.8% in 2025, potentially increasing demand for cryptocurrencies as a hedge against inflation.
Interest Rates: Central banks are expected to maintain low interest rates in 2025, supporting cryptocurrency markets.
🔱COT Data
Net Long Positions: Institutional traders have increased their net long positions in Litecoin to 60%.
COT Ratio: The COT ratio has risen to 2.5, indicating a bullish trend.
Open Interest: Open interest in Litecoin futures has increased by 20% over the past month, indicating growing investor interest.
🔱Sentimental Outlook
Institutional Sentiment: 65% bullish, 35% bearish.
Retail Sentiment: 60% bullish, 40% bearish.
Market Mood: The overall market mood is bullish, with a sentiment score of +40.
🔱Technical Analysis
Moving Averages: 50-period SMA: 120.00, 200-period SMA: 110.00.
Relative Strength Index (RSI): 4-hour chart: 62.21, daily chart: 58.14.
Bollinger Bands: 4-hour chart: 130.00 (upper band), 120.00 (lower band).
🔱Next Move Prediction
Bullish Move: Potential upside to 150.00-170.00.
Key Support Levels: 120.00, 110.00.
Key Resistance Levels: 150.00, 170.00.
🔱Market Overview
Current Price: 130.00
Daily Change: 2.5%
Weekly Change: 10.2%
Overall Outlook
🔱The overall outlook for LTC/USD is bullish, driven by a combination of fundamental, technical, and sentimental factors. The expected increase in Litecoin adoption, upcoming halving event, and bullish market sentiment are all supporting the bullish trend. However, investors should remain cautious of potential downside risks, including changes in global economic trends and unexpected regulatory developments.
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📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
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Litecoin Set to Break Below Support Point- $60 in Sight?Litecoin ( CRYPTOCAP:LTC ) a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology is set to go bearish amidst dipping down to the support point should the market continue its bearish pattern, CRYPTOCAP:LTC is set to tanked finding support in the $60- 65 support.
With buying pressure decreasing and Relative Strength Index (RSI) at 31.92, CRYPTOCAP:LTC could be on the cusp of a selling spree.
Similarly, a breakout above the $140 resistance zone could liberate CRYPTOCAP:LTC from the bears thereby aiming new resistant points.
However, data from DefiLama shows about $2.23 million has been locked in Total Value lock (TVL) on the Litecoin ecosystem hinting on a development on the Litecoin chain in the long term. This value shows a level of trust placed on the Litecoin Blockchain.
About Litecoin
Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.
The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin," in that it features many of the same properties as Bitcoin—albeit lighter in weight.
Litecoin Price Live Data
The live Litecoin price today is $87.46 USD with a 24-hour trading volume of $508,275,483 USD. Litecoin is down 3.21% in the last 24 hours, with a live market cap of $6,608,334,524 USD. It has a circulating supply of 75,558,468 LTC coins and a max. supply of 84,000,000 LTC coins.
LTCUSD below previous support, now resistance at 940.00Litecoin (LTCUSD) remains in a neutral stance, as price action continues to trade within a longer-term sideways range. The key trading level at 940.00 will play a crucial role in determining the next directional move.
Key Levels to Watch
Resistance Levels: 1,120, 1,217, 1,320, 1,374
Support Levels: 859.00, 816.00
Bearish Scenario
If LTCUSD fails to bounce back from 940.00 and faces rejection, a downside move could emerge. A sustained decline below this level may trigger selling pressure, targeting 859, followed by a potential retest of the 816.00 psychological support over the longer timeframe.
Bullish Scenario
A decisive bounce back from the 940.00 support level, confirmed by a daily close higher, would shift sentiment toward a bullish outlook. This could open the way for further gains, with upside targets at 1,120, followed by 1,217 and1,274 in an extended rally.
Conclusion
LTCUSD is currently consolidating within a neutral range, with 940.00 acting as a key pivot level. A rejection from this zone could reinforce bearish pressure, while a breakout above 1,120 could confirm bullish momentum. Traders should monitor these levels for confirmation of the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
LTCUSD The Week Ahead 10th March '25Litecoin (LTCUSD) remains in a neutral stance, as price action continues to trade within a longer-term sideways range. The key trading level at 960.00 will play a crucial role in determining the next directional move.
Key Levels to Watch
Resistance Levels: 1,120, 1,217, 1,320, 1,374
Support Levels: 859.00, 816.00
Bearish Scenario
If LTCUSD fails to bounce back from 960.00 and faces rejection, a downside move could emerge. A sustained decline below this level may trigger selling pressure, targeting 859, followed by a potential retest of the 816.00 psychological support over the longer timeframe.
Bullish Scenario
A decisive bounce back from the 960.00 support level, confirmed by a daily close higher, would shift sentiment toward a bullish outlook. This could open the way for further gains, with upside targets at 1,120, followed by 1,217 and1,274 in an extended rally.
Conclusion
LTCUSD is currently consolidating within a neutral range, with 960.00 acting as a key pivot level. A rejection from this zone could reinforce bearish pressure, while a breakout above 1,120 could confirm bullish momentum. Traders should monitor these levels for confirmation of the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Short Term Could Drop Be Careful Here - Possible $100Some bad news came out. Bybit got hacked for a lot of Ethereum. How this happens I dont understand but more than likely an inside job. These run out a basement exchanges are dangerous never leave your crypto on an exchange, NONE OF THEM.
Anyways I dont like the break of this rising wedge or potential bear flag. If this deosnt break back into the wedge and close in it then we could se another drop to about 100 or so if the measured move plays out. Be cautious here.
Not Financial advice.
LTCN Litecoin Grayscale Trust Cup & Handle Target $500LTCN has created a giant cup and handle pattern. If this measured move plays out which i believe it will we could a prior all time high at least. This is all dependent on what Litecoin will do obviously and if you read my in depth analysis you see that I believe Litecoin will be worth more than 10k in the coming years.
Grayscale has also filed to convert its Litecoin Grayscale Trust to an ETF, which will almost certainly happen. This is also why the price of LTCN has lost most of its premium and is coming down to its NAV price. LTCN will follow Litecoin to its NAV price from here on out more than likely so dont expect wild swings unless Litecoin makes wild swings.
There is a bearish scenario I must tell you about as well. The chart pattern you see is a cup and handle but also the triangle price action has been in since the pump is a descending triangle. Descending triangles are normally bearish. A break below the support line and a closure below would mean LTCN comes down to probably 3 to 6 dollars. This is highly unlikely unless the entire crypto market tanks and Litecoin comes down to 30 dollars. I dont see that happening but I thought I would point that out. There are instances where the descending triangle is bullish. This is probably one of them, where the price continues to bounce off the lower support line but fails to break through finding support and eventually breaking out of the triangle to the upside. There could be a false breakdown trapping short traders before the move up as well so dont be fooled. BBWP is indicating a sizeable move coming it just doesnt tell us what direction. From my analysis I believe its a 90% chance we break up.
This is not financial advice this is just my opinion. Follow me for more updates. Thank you and good luck my friends.
LTCUSD Support retest Litecoin (LTCUSD) remains in a neutral stance, as price action continues to trade within a longer-term sideways range. The key trading level at 960.00 will play a crucial role in determining the next directional move.
Key Levels to Watch
Resistance Levels: 1,120, 1,217, 1,320, 1,374
Support Levels: 859.00, 816.00
Bearish Scenario
If LTCUSD fails to bounce back from 960.00 and faces rejection, a downside move could emerge. A sustained decline below this level may trigger selling pressure, targeting 859, followed by a potential retest of the 816.00 psychological support over the longer timeframe.
Bullish Scenario
A decisive bounce back from the 960.00 support level, confirmed by a daily close higher, would shift sentiment toward a bullish outlook. This could open the way for further gains, with upside targets at 1,120, followed by 1,217 and1,274 in an extended rally.
Conclusion
LTCUSD is currently consolidating within a neutral range, with 960.00 acting as a key pivot level. A rejection from this zone could reinforce bearish pressure, while a breakout above 1,120 could confirm bullish momentum. Traders should monitor these levels for confirmation of the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
LTC Litecoin Could Do One More Round Of Bouncing Within WedgeThis is a possible scenario here. This is in line format not candles so wicks could be lower than than this. Lines remove all the wicks and are just on an open and close basis, kind of cleaning up the noise. This is not guaranteed to happen but it is a possible scenario before we break out again around the end of March. I'll post below a candle chart as well so you can see those levels. As long as we stay within this wedge on a closing basis and within the channel on the candle format then we should be fine. If we break down below the wedge or channel and close below it then thats not going to be very good. I don't see this happening thats just worst case scenario.
Follow me for more updates. Not financial advice. Thank you
LTCUSD Key Levels The Week Ahead 03rd March ‘25Litecoin (LTCUSD) remains in a neutral stance, as price action continues to trade within a longer-term sideways range. The key trading level at 1,140 will play a crucial role in determining the next directional move.
Key Levels to Watch
Resistance Levels: 1,140, 1,395, 1,523, 1,709
Support Levels: 1,082, 1,000
Bearish Scenario
If LTCUSD fails to break above 1,140 and faces rejection, a downside move could emerge. A sustained decline below this level may trigger selling pressure, targeting 1,082, followed by a potential retest of the 1,000 psychological support over the longer timeframe.
Bullish Scenario
A decisive breakout above the 1,395 resistance level, confirmed by a daily close, would shift sentiment toward a bullish outlook. This could open the way for further gains, with upside targets at 1,523, followed by 1,709 in an extended rally.
Conclusion
LTCUSD is currently consolidating within a neutral range, with 1,140 acting as a key pivot level. A rejection from this zone could reinforce bearish pressure, while a breakout above 1,395 could confirm bullish momentum. Traders should monitor these levels for confirmation of the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
The key is to rise near 134.91
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(LTCUSDT 1M chart)
The key is to maintain the price above the M-Signal indicator on the 1M chart and rise above 163.89.
-
(1W chart)
Since the M-Signal on the 1W chart > M-Signal on the 1M chart has changed, if the price maintains above the M-Signal indicator on the 1W chart, it is expected to maintain an upward trend.
Accordingly, the key is whether it can maintain the uptrend by receiving support near 95.73-102.34.
-
(1D chart)
In order to maintain the uptrend, the key is whether it can maintain the price by rising above the Fibonacci ratio point of 0.618 (133.53).
If not,
1st: 113.39-117.30
2nd: 95.73-102.34
We need to look at whether it receives support near the 1st and 2nd points above.
Based on the current price position, I think the start of a full-scale uptrend is likely to begin when it rises above the HA-High indicator point of 163.89 on the 1M chart.
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
-----------------
LTC/USD Secondary trend (part). 09 12 2023Logarithm. Time frame 1 day. Part of the secondary trend. Channel to work, price consolidation in its lower part. A high probability of an upward exit from it. Key levels are shown by arrows. Percentages for clarity and target orientation similarly.
This is how it looks like on a line chart without "market noise". .
Double bottom with a flat top in an accumulation channel. Post-halving time.
A local uptrending channel that has a double bottom with a flat top. This is a strong bullish pattern that says price is (this accumulation zone) at the lows of the trend initiation. The last cycle after the capitulation (end of the participation phase) of all liquid instruments (this is important) began with this structure, which is a display of the actions, first of all, of large market participants that have an impact on pricing (holding). For example, look at the bitcoin 2020 chart and this structure. Similar to what happened on LTC a few months after the halving.
Major trend. Cycles. Super profits.
LTC is a cryptocurrency that has survived many cycles and has not depreciated completely, although it can be seen that the capitalization and leadership positions are not able to compete with the new 2 cycle HYIP giants.
From the position of the cycle before last (distributions, i.e. highs) 2017, this cryptocurrency is on a big super profit. There are very few cryptocurrencies in the crypto market that are in their main trend in an uptrend and are on super profits relative to previous cycles. LTC is one of them. As a rule, the opposite is true. It is clear that the main major holders in most cases for such a long period of existence in the crypto market, LTC has already been repeatedly changed. But with this logic of the price chart, which is displayed on a long history and on a large time frame, should be considered and taken into account in its risk management.
Major trend. Time frame 1 month.
LTC/USD Main trend. Halving. Cycles The psychology of repetitionMain trend. The graph is logarithmic. The timeframe is 1 month. This idea is relevant both for understanding the secondary trend work and as a training in simple cyclic, logical manipulation processes. Note also the halving of the LTC and the designated time zones between cycles.
The primary trend is an uptrend in which a huge butterfly is forming (forming part 2)
Secondary trend is a downward channel.
Local trend in the secondary trend is a wedge.
Coin in the coin market : Litecoin
The chart is taken from the Bitfiniex exchange, I used it because of the long price history (the coin has been traded on this exchange for a long time). Of course, the chart is relevant for all exchanges with liquidity. The coin and the pair are liquid, it is acceptable to set large positions. The price behavior is predictable. Ups/Downs are similar. Let's consider them below.
Everything is unpredictable only for absolutely predictable people, it always was, is and will be.
Same time frame on a line chart (no market noise, pure trend direction)
A close-up of this area on the line chart.
And this area on the candlestick chart.
What matters is the average buy/sell. Approach the market regardless of the size of your deposit as a major market participant. Stop thinking like a "hamster". You don't need to guess, you need to know and be prepared for any outcome, even unlikely scenarios.
Psychology of behavior in the market.
Expectation. Reality. "Stop-loss resets. Cyclicality of predictable behavior. .
Predictable price behavior. "Knockouts" of obedient (acting by the rules) and naughty (acting on emotion) fools are as logical and predictable as anything else everywhere else. Increase your knowledge and experience, and it won't affect you.
Remember, theory without practice is nothing. Real trading is very different from theory, you should understand that. That's why all "programmed traders" lose money or their earnings are quite modest.
You should not ask anyone where to buy/sell this or that crypto-asset. You should initially know yourself under what conditions you will buy and under what conditions you will sell.
Past "stop-losses" before secondary trend reversals .
Secondary trend reversal zones and "takeout" before pullbacks in 2019 (+450 average) and 2021 (+900% average).
Candlestick chart. 3-day timeframe. Fear peak zones.
Line chart. Three-day timeframe. Fear peak zones. (without market noise).
As we can see, this "fear peak" on the line chart evaporates, all these local "super resets" have no effect on the trend. It's just the "death of hamsters." The capitulation of human stupidity and greed. You can add predictability and submissiveness to this. The train always leaves without such marketable characters.
Such always sell (fear) at the lowest prices, shortly before the trend reverses. It is worth adding that they buy at the highest prices "at the behest" of the pump to get fabulously "rich. This makes the cryptocurrency market super profitable. Such fuel is the basis of profit. "Market fuel flows" lend themselves to cycles.
Price management is the psychology and manipulation of people's minds through basic instincts through price values. All of this is real and as old as the world. A foolish person keeps stepping on the same rake, each time telling himself that this is the last time, or this is a special case.
This "last case" must be repeated systematically, but in different conditions that you create. Your effectiveness depends on how masterful you are at forming such obsessive thoughts in the mind of such market characters.
Fundamentals of Trading. Trading strategy. Capital management. Price forecasting.
It is your trading strategy and money management, based on your experience, that is the basis of trading, not guessing the price. But guessing is what most people want. Such people should have no money. As a rule, such people in real life are very poor, do not have their own business, go "to work" (do not want to take responsibility).
They think real life doesn't give them many resources, but market speculation will quickly make them fabulously rich. Rather the opposite is true. Total impoverishment regardless of the direction of the trend due to the reinforcement of destructive qualities of a person with financial instruments. The behavior of such people in the market is a projection of what they are like in real life.
The behavior of people in financial markets is a projection of what they are in real life. That is, their positive and negative psychological qualities. You can't run away from yourself. A stupid person will be overtaken by his own stupidity, a greedy person by greed, an intolerant person by intolerance, an indecisive person by indecision, an irresponsible person by irresponsibility.
Such will be punished by their own destructive qualities. The main thing is that the victim draws conclusions from this and it is an incentive to correct the root cause and basis of the failures, rather than looking for the culprit of his own stupidity in "random events" and other people.
You guessed once, second time, third time zeroed in and hit your own self-confidence with your own stupidity and predictability. Consequently, all your previous guesses at the distance equals zero.
Trading is a probability game. It is impossible to guess everything because of the many components of pricing. It is possible not to guess, but to know the more and less potentially realizable probabilities because of certain market conditions.
No one knows the exact future, there is only an assumed more likely future and the work that leads to it.
The basis of profit/loss is what you are in the here and now. Your knowledge and experience are projected onto the chart. The symbiosis of these two parameters makes or loses money in practice.
Read these 6 points carefully:
1) The first problem most marketers have is that everyone wants to get a lot of money in the moment and, most importantly, without effort. That's what most people want, so it's not rational or dangerous to satisfy their desires.
2) The second problem is that they can't be "out of the market" until they find a good entry point. "Fear of missing out" does its destructive work.
3) The third problem is, of course, the disease from "childhood," which manifests itself in adulthood. People begin to collect various crypto coins, endowing them with different values according to their beliefs and, above all, their desires.
4) The fourth problem is greed, insatiability combined with inexperience. People don't want to protect their profits, they want more and more and more and more and more, eventually from greed and inexperience they completely (more greedy) or partially (less greedy) nullify themselves.
5) Lack of knowledge and experience. Lack of desire to develop and learn. The less experienced a market participant is, the more confident he is in his competence and "screams text".
6) The sixth most serious problem - laziness. It manifests itself in the fact that few people want to work, everyone wants to have.
Under ideas are captured my trading ideas for this trading pair over the past 3 years. Most of them are previously closed trade ideas. There are 3 learning ideas that I have shown on this trading pair (based on publicly published simple trading ideas) .