LTCUSD- Round Bottom ReversalLTCUSD os the past day demonstrates the Round Bottom Reversal quite well..
The RSI / Ichimoku shows the RSI candles progressively trending upward and
piercing through the cloud.
Selling volume has spikes heading down into the reversal and then once
reversing relative volume has spikes as much as 5X.
Given the sideways of the general cryptocurrency market, right now
LTCUSD is a stable coin STRONG BUY,
LTCUSD
✅LITECOIN LOCAL SHORT🔥
✅LITECOIN has hit a key structure level
Which implies a high likelihood of a move down
As some market participants will be taking profit from their long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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Litecoin looking brighterLitecoin
Intraday
We look to Buy at 56.26 (stop at 55.05)
Daily signals are mildly bullish. 56.00 continues to hold back the bears. We look for a temporary move lower. Prices expected to stall near trend line support. Further upside is expected although we prefer to set longs at our bespoke support levels at 56.00, resulting in improved risk/reward.
Our profit targets will be 59.00 and 60.00
Resistance: 59.00 / 64.00 / 96.00
Support: 56.00 / 44.00 / 28.00
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.
Jamie Gun2Head - Selling LitecoinTrade Idea: Selling Litecoin
Reasoning: At key 50 day and 50 4 hour moving average - looking for sellers to win the fight
Entry Level: 57.05
Take Profit Level: 52.88
Stop Loss: 58.06
Risk/Reward: 4.13:1
Disclaimer – Signal Centre. 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 all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of 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.
Selling rallies in litecoinLitecoin
Intraday
We look to Sell at 57.84 (stop at 59.89)
Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 58.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Further downside is expected.
Our profit targets will be 53.07 and 52.00
Resistance: 58.00 / 70.00 / 100.00
Support: 53.00 / 40.00 / 20.00
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.
LTCUSD Potential for Bearish continuation| 23rd August 2022On the H4 chart, prices seem to be respecting the bearish trend however, we're looking for a short term sell entry at 57.56 where the 38.2% retracement sits and also it fail to break this level the past few candles. our take profit will be at 52.01 where the previous swing low sits and stop loss will be at 61.53 where the previous swing high sits
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LTCusdt 12H TA: in the ChannelAs we can see, the price trend in a uptrend is that if this channel is maintained, we have the likelihood of price increases to the Midline and the channel ceiling, otherwise the trend will decrease with the channel floor failure.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
Litecoin: Support could prove difficult to breakdownLitecoin - Intraday - We look to Buy at 50.04 (stop at 46.94)
Follow through bearish momentum from 56.00 resulted in net losses. Horizontal support is seen at 50.00. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 57.91 and 60.00
Resistance: 58.00 / 80.00 / 140.00
Support: 51.00 / 46.00 / 42.00
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.
Crtical levels for $LTC - Weekly Chart$LTC is in the bear market since May 2021. Local resistance line tested but not broken.
There is a change $LTC might go to $41 in the coming months.
Also in case of a prolonged crypto bear market or significant sell-off it might hit $25 level.
Price range between $41 and $25 is a great accumulation level to buy at.
At the chart you might also see Accumulation level 3 which is around $3 per coin.
It probably will never go this low but just to keep in mind that it was a accumulation range for quite a long time.
This idea is primarily addressed to mid/long-term investors not a leverage traders.
Not a financial advice.
Good luck!
LTCUSD ❕ 0.618 support levelLitecoin is at the support level of 0.618 by Fibonacci correction.
The fall happened on the growth of trading volumes.
The price broke down the uptrend channel.
There are no arguments for growth now, but the asset sold off quite sharply, so a small correction is possible. After fixing LTC under the resistance level, I expect the continuation of the downward movement.
LTCUSD BullishThe price is in the rising channel. Aroon points out rising price, and MACD shows that it is buying opportunity however we recommend to wait for a small pullback and take an entry at the upsloping trendline
Targets shown in the chart
Litecoin: buying into dipsLitecoin
Intraday
We look to Buy at 60.09 (stop at 58.15)
Following yesterday's bullish candle, the overall trend higher looks set to continue today. Bespoke support is located at 60.00. We look for a temporary move lower. Support could prove difficult to breakdown. Preferred trade is to buy on dips.
Our profit targets will be 64.96 and 66.00
Resistance: 65.00 / 72.00 / 100.00
Support: 60.00 / 50.00 / 40.00
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.
Litecoin looking lower? Litecoin
Intraday
We look to Sell at 59.93 (stop at 61.59)
Posted a Double Top formation. This is a bearish reversal signal and the lack of progress higher has confirmed a sentiment shift. We can see no technical reason for a change of trend. Preferred trade is to sell into rallies. Further downside is expected.
Our profit targets will be 56.03 and 55.00
Resistance: 60.00 / 74.00 / 100.00
Support: 56.00 / 46.00 / 20.00
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.
LTCUSDT 3D LTC buyers try to revive "ex-silver" cryptocurrencyLet's consider LTCUSDT today at 3 -day time frame
More than a year has lasted downtrend. And finally in June-July 2022 were increased trade volumes that indicate a meticulous struggle between buyers and sellers.
Increased trade volumes on a conditional bottom may indicate an attempt to turn the trend for growth.
However, Litecoin is an "old coin" and it is difficult to make sharp movements)
Therefore, we assume that the turn up, if it will be, can be smooth in the form of a cup.
In the coming days we allow correction the LTCUSD price to the area $55 , well, and further a new wave of growth can start to the area of $96-100 per LTC
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