#LTC/USDT 1HOUR UPDATE BY SANDERS!Hello, welcome to this LTC/USDT 1Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that LTC is trading inside the TRIANGLE pattern and bounced from the support zone or the yellow MA.
Currently, LTC facing the upper trend line resistance which, etc must break for some green gains in upcoming hours.
IMO we should wait for the confirmation.
Which will be the break to this triangle pattern and a retest to take a long position.
If it gets a rejection from the resistance trend line then LTC must hold the MA support.
If it fails to hold then this chart will be invalidated
This is not a piece of financial advice.
Sorry for my English it is not my native language.
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thank you.
Ltcusdidea
LITECOIN LONGS ACTIVE📉📉📉Expecting bullish price action on LTC as price shifted the strucutre from bearish into bullish and for now price rejected a bullish orderblock area on the H4. We have clear area till 150/180 possible targets.
EXTREME FEAR on the fear/greed indicator meaning there is a good buying opportunity.
What do you think ? Comment below..
LITECOIN LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on LITECOIN as price shifted the market strucutre from bearish into bullish making a change of strucutre move. Retraced back into bullish orderblock area on the h4 104$ price area, we have a bullish confirmation and ,,green light,, for the bullish move.
What do you think ? Comment below.
LITECOIN LONGS expected 📉📉📉📉 Expecting bullish price action on this coin as we shifted the strucutre from bearish into bullish, price made a bullish bos somewhere around 112$. I will wait for a retracement to happend and then to enter a LONG trade straight into 150-200$ price areas. 100$ institutional figure acts as a valuable area of ,,support,, for this crypto coin.
What do you think ? Comment below..
LTC/USDT IS GEARING UP.Hello guys, here's a trade setup on LTC/USDT. LTC is breaking out. The chart looks good here and I am expecting a 10% to 15% rally.
Entry will be between $110.7 to $113.46.
SL: $107.09
Targets:
$116.8
$119.5
$123.2
$128.4
Invest the amount you are ready to lose. Do not invest blindly, it's your hard earn money, my friend. The risk-reward ratio on this trade is good. If our SL gets hit then we will bear a minimal loss but if LTC rallies from this point then there's a good profit lying ahead of you.
I am trading on 10x and will exit my positions accordingly.
I will time and again update you on this one so stay in touch.
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.
Litecoin at important confluence resistanceThe trend for Litecoin is down, however, after finding strong bits in the 100 zone, the coin has started to reverse and now is trading in very important 120 confluence resistance.
A break here would expose 140-145 next important resistance and, on the other hand, the incapacity to break above would put bears in control once more