LTCUSDT (Litecoin) Next Target $365 ??#LTCUSDT Technical Analysis Update
Resistance breakout in weely chart
LTC/USDT currently trading at $160
Buy level: $150 to $160
STOP LOSS: Below 120
Resistance level 1: $184
Resistance level 2: $255
Resistance level 3: $365
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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Ltcusdlong
Litecoin to $250 and why investing Always beats TradingI know a lot of you are thinking this is overbought, over heated, ran up too fast, etc and are trying to apply some sort of technical analysis to it but I want you to know - you are focusing on the wrong thing. Your mind focuses on "warning signs" because our brains are programmed with a survival instinct that always seeks a safe shelter (i.e. cash)....
Here is one bitter truth that is very hard to accept and that every trader learns only after loosing a fuck ton of money: trading will never beat investing because trading focuses on all of the negatives (resistance/support lines, bear/bull flags, etc.) but investing focuses on only 1 positive long-term vision. Until you understand it, you will never win big.
Take a look at every chart I made and compare it to this weekly chart. Notice how on the weekly chart its a straight shot up without any interruptions? Investing ignores all of the noise, trading focuses on the noise. That is the big difference.
On weekly, we see a clear Adam and Eve bottoming pattern. I expect this to rip higher regardless if we correct here or not.
STOP trading and start learning macro behind assets that matter (Real Estate, Gold/Silver, Dollar, Bitcoin, Ethereum, etc.). Nobody gives a fuck about tokens so trade those all you want, but do not trade the big stuff or will sit back, look at the weekly chart and realize that if you didn't dink around past 6 months, you would have been a millionaire by now and the only person responsible for it is you. Focus on the noise and lose or focus on good macro and win big.
LTCUSD Buy IdeaLTCUSD have been steadily on the uptrend, looking for a buy opportunity when MACD crossover to the upside, target to daily resistance
Disclaimer -Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Critical Levels and Targets for Litecoin #LTC/USDWelcome everyone,
My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life.
Let's Discuss The Outlook for #LTC/USD
LTC has been moving up correctively and its difficult to see a more bullish count than just the potential gains that a corrective climbing asset can provide.
I've been noticing this among the majority of alts, and the way I interpret this is that altcoins move more in 3 waves than they do in impulses, similar to currency pairs such as EUR/USD. The other way to interpret this from an Elliott wave perspective is that we're dealing with a macro flat correction that will lead to an extensive downside leg that will surprise most investors and induce panic selling as critical levels are broke.
As such, in this chart I highlight the previous lows that I feel are important to maintaining an uptrend without drawing attention to the bears, If successful, this could give us a scenario of $160 for #litecoin.
What are your thoughts on LTC in the chart above? Does it have more upside potential? Or Do you think the critical lows will get broken?
Don't forget to follow, like and comment and I'll be doing a $500 giveaway if I can get ranked as a top #ElliottWave analyst on TradingView.
To Your Success,
Schyler
LTC (Litecoin) possible Breakout LTC / USDT
Possible Breakout from bullish pattern
If this pattern successed it will moon
I want to remind you that we already had signal about LTC in my channel and bought it early around 105$
Also you can check my last idea about LTC I told you to buy the pullback 👇👇:
Good luck 🤞