Litecoin- will it finally break under 100?Since November 2021, Litecoin was one of the weakest coins, losing 66% of its value from 300 to 100 at the moment of writing.
Looking at the chart we can see that the price evolution was very "technical" and each rally was sold in resistance or very near.
In my last Litecoin comment I said that a rebound from 100 is probable but this should be considered a good opportunity for selling around 120 and as we can see, the coin reversed from 116.
Now we are back to 100 and I believe this time we will have a break.
My target for this drop is another 30% at 70usd per coin.
Best of luck!
Mihai Iacob
Ltcusdtlong
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#LTC/USDT is lying on a very strong support level and making this bullish wedge pattern in RSI we can see some bullish diversion move
ENTRY: $98.6 - $100
TARGET: $107 - $115 - $122 - $128 - $135 - $145
SL- $95
LEVERAGE- 2X TO 5X
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LTC AnaliyzLitecoin price started a fresh increase above the $120 resistance against the US Dollar.LTC price is now trading above $130 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $130 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could continue to rise if it stays above the $130 and $125 support levels.
Litecoin price is gaining pace above $130 against the US Dollar, similar to bitcoin. LTC price could resume higher if it stays above the $125 support zone.
#LTCUSDT 3 Day Important Technical AnalysisLTC broke the $140 support level.
Lower buy range which also happens to be the resistance turned support levels is in the range of $71 to $84.
Not interested to buy here.
If you are holding long, Place SL around $92 and take profits above $118.
What's your thought on this?
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#PEACE
Litecoin can rise 15-20%Litecoin held pretty well during yesterday's selloff and the coin couldn't drop to make a new low, instead confirming that bulls are very strong under 100 figure.
At this point, we can speculate that a double bottom is forming on short time frames, with the neckline at around 110.
In my opinion, dips towards 100 should be bought and, with the pressure lifted from the sell-side in the crypto market, a break above the neckline is very probable.
Short term traders can target 125 resistance for their buy orders and negation comes with a drop under 95
LTCUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Nothing has changed from my last idea.
Entry: market and lower
Target: 180 - 220 - 240
after first target reached move ur stop to breakeven
Stop: ~100 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to ~5
risk is justified
Good luck everyone!
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It's not financial advice.
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💥LITECOIN CUP & HANDLE - TO HIT $400, $500, $600 & $700Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
With this cup and handle pattern on Litecoin, I expect a steady growth to the respective prices ahead.
Litecoin formed a very big cup pattern, followed by the handle in a triangular pattern.
An upward breakout from this triangle will take price upward to the moon. A steady growth.
What do you think?
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LTCUSDT AnalysisHello friends.
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Everything on the chart.
We have completed the potential EndingDiagonal(ED) and concurrently wave (c). Now we will develop a correction of the fall,
let me remind you that I adhere to the fact that according to the LTC we are in a large global triangle of wave (4) after which there will be a very large increase in this asset.
open pos: market and lower
target: 180 - 220 - 240(250)
after first target reached move ur stop to breakeven
stop: under ~125 (depending of ur risk). ALWAYS follow ur RM .
RR 1 to 6
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
LTCUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 290 - 320 - 350
after first target reached move ur stop to breakeven
stop: ~196 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
#LTCUSDT 50% Potential Rally Ahead! Bounced from Golden Pocket!
#LTCUSDT:- Probably one of the best-looking alt in multiple tf.
Seen some profit booking after the recent pump.
$199 level is the Golden pocket (.618 fin level) area and an important support level.
It's great anywhere between the $190 to $220 area!
I will be accumulating between these levels.
Must continue its rally towards $300.
I have two possible scenarios in mind which I've drawn in the chart. Please observe!
Invalidation will be a close below $178.
Do hit the like button and share your views in the comment section.
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