Ltcusdlong
Litecoin- buy trade with GREAT R:RSince 6th September Litecoin is trading in a huge falling wedge
The last 3 lows are marginal, indicating the lack of power from the bears
At this moment LtcUsd is trading exactly in resistance and a break looks imminent
The target for a long trade can be 230 recent high, giving us a R:R of more than 1:4
LTCUSDT - FALLING WEDGES PATTERNFalling wedge forms with lower highs & lower lows - A BULLISH SIGNALS
THERE'S TWO TYPES OF FALLING WEDGES
1. In an uptrend they are continuation pattern (CURRENT PATTERN)
2. In a downtrend they are a reversal pattern
ENTRY AT BREAKOUT PATTERN
STOP LOSS AT BELOW PATTERN
HOPING FOR DOUBLE BOTTOM TO LAUNCH BREAKOUT PATTERN
#TAYOR #BUYTHEDIP
LTCUSD IDEAcould it be this simple? We like to bounce off the 8 hour 200 MA in a bull market. We are currently hovering around the 200 MA right now... Perhaps a bit more invoking of fear over the next few weeks before lift off. Litecoin will melt faces this year. Pending that the global market situation stays fairly unchanged.
Lots of big things coming to LTC in the next couple of months to justify a large uptick in price: Smart money is accumulating
Omnilite - Smart Contracts *released*
Taproot
Mimblewimble
Ltc successful trade (5%}Took a trade at demand zone with entry
And kept my sl below previous swing
After first retracement from resistance zone
Drawn the yellow zone as golden zone on fib with (0.5-0.6) levls and trailed my sl
Waiting and holding with patience
Earned good risk to Reward of (1:6.78)
Litecoin will wake upHello friends , show your love and push like button . litecoin update : it is interesting that from 5 aprils analys nothing has changed , check related ideas down below . bearish trendline is about to end , rsi shows huge positive divergence as well , bearish volume is decreasing and everything is getting ready for a bull run for litecoin , as i said manytimes i belive in supercycle and i dont consider it finished untill litecoin is above 1000 $
see you there
LITCOIN QUICK SCALP FOR BUYERS Litcoin had hit its confluence zone let's see if it will do a their retest at his previous resistance zone.
My analysis shows that there will be buyers in the market for Litcoin in the cryptocurrencies market.
there will be a trend break making the down trend for the 15MTF to end, we will have some quick buys
positions opened
Risk to reward is a 2:8
Trade wisely.