Litecoin - LTC Could +300% 🚀Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
With this chart, I propose my trading idea with a potential of 300% profit for Litecoin / LTC / LTCUSDT . Currently, we're trading at the accumulation phase of the Wyckoff Method. This means that there may be multiple buy opportunities at low prices until a clear bottom is established (when the majority of investors decide that they are not willing to buy lower than a certain price). In other words, I'm not stating that the price will go up 300% straight from here - however, if you accumulate some LTCUSD here and you're patient enough to wait for targets and trade according to a plan, there exists the potential for 300% profit.
1st Take Profit point:
2nd Take Profit point:
3D Take profit point:
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LTCUSD
Litecoin is boomingLitecoin
Intraday
We look to Buy at 55.28 (stop at 53.17)
A sequence of intraday higher highs and lows has been posted. We can see no technical reason for a change of trend. We look for a temporary move lower. Support is located at 55.00 and should stem dips to this area. Dip buying offers good risk/reward.
Our profit targets will be 59.94 and 62.00
Resistance: 60.00 / 80.00 / 100.00
Support: 55.00 / 48.00 / 25.00
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 LITECOIN USD : UPDATE LITECOIN STILL ON TRACK TO $10KLIKE, AND FOLLOW IF YOU APPRECIATE THIS CONTENT. COMMENT BELOW AND LET ME KNOW WHAT YOU THINK, THANK YOU.
I did a chart on Litecoin a while back showing my target of $10k with many reasons fundamentally why it will happen. This chart is on the 8 month timeframe and its a pretty nicely formed bullish pennant. Whether its a pennant or a bull flag some may argue, it doesnt matter the measured move of the pole will still bring it to $10k. Sounds ambitious? Well go back and see what kind of moves Litecoin has made in the past. I believe that the hyperinflation event coming up for the USA will trigger this type of price action and not just for Litecoin but for the rest of the crypto space as a whole as people bail out of traditional markets and fiat and try to preserve their wealth while the USA resets its currency. @without_worries posted a chart similar but his target is about $5k. Our reasoning is the same on why this price will be reached. This is not trading or financial advice this is just my opinion. Thank you and good luck out there.
Litecoin will come down towards the $45.00 levelLitecoin has found support just above $45.48, with several green triangles on the KRI confirming support. The Kovach OBV is still bearish, but we have inched back up to the midpoint of the range between $45.48 and $50.64, the latter a definite ceiling for current prices.
LTC: Sell all rallies!!Litecoin
Intraday - We look to Sell at 51.40 (stop at 54.40)
Our short term bias remains negative. The trend of lower highs is located at 51.40. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies.
Our profit targets will be 40.35 and 35.00
Resistance: 51.40 / 53.98 / 56.14
Support: 46.41 / 41.60 / 40.30
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: The bias remains bearishLitecoin - Intraday - We look to Sell at 51.40 (stop at 54.40)
Our short term bias remains negative. The trend of lower highs is located at 51.40. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies.
Our profit targets will be 40.35 and 35.00
Resistance: 51.40 / 53.98 / 56.14
Support: 46.41 / 41.60 / 40.30
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.
LTCUSD ❕ trying to stay in the channelTrading volumes show declining interest for further decline.
The BB indicator shows that the asset is oversold (4H TF)
TD Sequential has formed a reversal signal upwards (4H TF)
Price moved out of oversold zone on RSI (1H TF)
I expect LTC may start to correct if it holds in the downward channel.
lagging coincan't remember what was the thing back in 2013 when we pumped to 55 but fontas was giving 1 ltc to every user that pasted an address on btc-e trollbox. good old btc-e days. the 2017 pump was well pushed with segwit with some panic around signaling. think we can expect a similar thing this year, price will be pushed with new interest, mostly investors and of course mumble hype. it took ltc 1316 days to retest 2014 top, similarly ~1211-1250 days to retest the 2018 top. if the top-to-top timeframe of 211 bars is true, top could be reached in late 2021. these charts seem to have some time relation. adx and vfi showing similar condition as in mid 2017. some charts are showing august as a time of changes. we can expect btc bulls to make some traps before entering blowoff phase. longterm, the next strong push above 1000 usd might not be the whole story, re-evaluate once it happens. keep in mind ltc top 100 addresses are holding 50% of all ltc while on btc this number is somewhere around 15% showing ltc is more centralized in means of coin distribution. ltc usually blows off after big ones do. this should have been ltcbtc chart. ride safe.
alt for alt swaptime has come for ltc to show how the long awaited mweb works. rivaling against xmr over mainstream privacy will take a while until xmr retakes its position as the one that is more private. xmr retaking the position will probably leave ltc bleeding, potentially after some issues being discovered with mweb or exchanges delisting it due to privacy features. this could be an interesting ride. finally if btc ever decides to implement mweb, this could be a great reason for governments and financial institutions to tighten checks where fiat to crypto or vice versa exchange is involved, since bitcoin would allow more private transactions. past year, many european countries have received eu directives to forbid legal entities to trade with privacy coins such as monero, zcash and other. if btc gains this privacy solution some time in following years, governments could make legal entities to require documents upon any crypto exchange. at this time we could expect higher p2p trading and new p2p exchanges to allow people advertise and exchange without any 3rd parties. unless cbdc decides to destroy bitcoin core and reinvent the wheel. stay safe, hard times could be coming.
Is Litecoin Forming an Uptrend?- LTC has formed a head and shoulders pattern, I predict for the week of July 11 to July 16 #LTC to cross $65
- Chart analysis from November 2021 to July 2022: #LTC broke out of the Triangle pattern and is in a slight uptrend
- From January 2022 to July 2022 #LTC runs in a flag pattern, if LTC approaches $65 will touch the upper edge of the bullish flag, there is a possibility that #LTC will officially reverse.
LTCUSD ❕ trading in rangeLTC is moving in the liquidity zone and is now aiming for the lower limit, but there are too many arguments against it.
BB indicator - we are in the middle of the channel after overbought (4H TF)
200MA acts as support (1H TF)
TD Sequential - an upward reversal is formed (1H TF)
Main MAs - bullish sentiment (30m TF)
BB indicator - oversold (30m TF)
TD Sequential - an upward reversal is formed (30m TF)
The price is above the liquidity.
LTC declines on declining trading volumes.
I expect that if LTC holds the support level and 200MA at 1H Timeframe, then we will continue the rebound.
LTC: No relief for crypto yet!Litecoin
Intraday - We look to Sell at 55.14 (stop at 56.15)
Previous resistance located at 55.00. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. Choppy price action seen. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 55.00, resulting in improved risk/reward.
Our profit targets will be 52.72 and 41.01
Resistance: 55.00 / 58.50 / 74.00
Support: 50.00 / 44.00 / 41.61
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.
After calling the low in #Litecoin back in June 4th to $40...
we are due a nice rally
Back to the old funnel area of $65
After first calling a break to $80
and then the (most likely) final bearish continuation patterm
I am no longer bearish!!!
And I am currently long #Litecoin
avg entry price $50.61 via futures contracts
✅TS ❕ LTCUSD: wave of correction✅✅LTCUSD is moving in a wave of correction and now the price has broken out of the channel and looks ready to grow.✅
🚀 BUY scenario: long to the resistance level.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Litecoin LTCBTC - Falling wedge + New bull market! +Elliott Wave- On the weekly chart we can see a falling wedge - bullish reversal pattern and the price is currently above the wedge!
- Due to my Elliott Wave analysis - we have completed an impulse wave successfully (12345) as you can see.
- Our profit target is 0.618 FIB retracement of the wedge or you can target top of the wedge if you think that the price can go even higher.
- LTCUSD pair looks strong compared to bitcoin last week, so we can really experience a huge uptrend.
- We have a huge volume spike as you can see on the indicator!
- Look at my ideas about another interesting altcoins in the related section down below ↓
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