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3X Long Litecoin Token / USD Tether

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LTCBULLUSDT trade ideas

LTCUSDT Bearish Flag - Channel Trendline Quality Support PlayIn this comprehensive examination of LTCUSDT within the 1-day time frame, a discernible bearish flag formation is apparent, accompanied by the development of a channel. A strategically placed Buy Limit Order on LTCUSDT leverages a robust support level derived from a more expansive timeframe, emphasizing the reliability of the chosen entry point. The rationale behind this tactical move extends to the identification of a quality heavy support level on a larger timeframe, lending credibility to the trade. The take-profit (TP) placement exhibits a judicious approach, aligning itself beneath the resistance of a higher timeframe, particularly the weekly chart. Furthermore, a synergy with technical indicators, moving averages, and oscillators is anticipated, with a synchronized descent that substantiates the validity of the bearish flag formation. This holistic analysis underscores the meticulous consideration given to various facets of the market dynamics, rendering the proposed trade not only strategically sound but also well-founded in the context of prevailing technical signals.
Long
by growmoreumc
LTCUSDT: Riding the Bullish Waves with a Long Adventure! 🐂🌊Introduction: 🌐 Get ready for an exciting adventure in the crypto seas with LTCUSDT! Traders are embarking on a long journey from $71.44, riding the recent upward structural break and the formation of a sloping support level. Let's dive into the details of this bullish odyssey. Trade Details: 💰 The long position (#LTCUSDT) sets sail from $71.44, secured with a stop-loss at $70.36. The rationale behind this move is the local break in the upward structure (BOS), forming a sloping support level. Price retracements reveal manipulation around liquidity, signaling significant player positions. Technical Analysis: 📊 Zooming into the 15-minute timeframe, LTCUSDT has locally broken the structure upwards (BOS) and formed a sloping support level. Price retracements indicate manipulation over liquidity, suggesting the accumulation of positions by a large player. A level is set at $71.98, anticipating stops from short sellers to act as a magnet for market makers. Expectations and Strategy: 🎯 The trader anticipates price compression towards the level through the slope, expecting further breakthrough beyond. Trade Target: 🚀 The primary goal is to ride the bullish waves, capitalizing on the structural break and exploiting potential liquidity traps. Conclusion: 🌊 LTCUSDT invites traders to ride the bullish waves on this exciting adventure. Prepare for a journey of potential profits, watch for price compression along the slope, and get ready for a breakthrough beyond! 🚀💹
Long
by RICHI_CRYPTO_SIGNAL
LTC/USDT | 1d 👀1. Litecoin is currently consolidating within a multi-year symmetrical triangle pattern, hinting at a potential breakout with an upward trajectory. 2. A plausible target could be $140 in the event of a successful breach of the upper resistance trendline. ✅ Stay updated on market news and developments that may influence the price of Litecoin. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto $Litecoin #Trading NYSE:LTC
Long
by Nyskohuz
LTC - Litecoin coils up for Mini CycleHi Traders, Investors and Speculators of Charts📈📉 Litecoin has gone through an extended accumulation phase, and by looking at previous examples of macro cycles on LTC, next up is most likely another upward cycle. Previously, LTC went straight from bearish cycle into a mini cycle. But this time, we went straight from bearish cycle into accumulation phase, indicating that a mini cycle may likely be next before we hit the parabolic bullish cycle. In other words, MINI CYCLE and ACCUMUATION PHASE has swapped around this time after the BEARISH CYCLE. There's no indication on the chart of a definitive move into an upward cycle just yet, thus I'm expecting a few more candles of accumulation / range trading. It's important to note that during the mini cycle, the price can increase AND decrease substantial amounts. The price usually decreases back close to the starting point fairly quick after the increase. The mini cycle also lasts much longer than the parabolic bullish increase cycle: These are the parts of the cycle we are waiting to repeat, with MINI / MID CYCLE coming up next, followed by more accumulation, followed by the parabolic bull cycle : You'll know when it's around time for the parabolic increase phase when another Bullish Cross is observed on the LTC Market Cap : Another great way to watch out for that serious bull run cycle is when LTCBTC starts to trade closer towards the white trendline and even above. Consider that the phase has ended again when LTCBTC candles lose the white trendline: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:LTC BINANCE:LTCUSDT BINANCE:LTCBTC COINBASE:LTCUSD
Long
by CryptoCheck-
15
LTC/USDT 4hInterval ChartI invite you to review the LTC chart on a four-hour interval. As we can see, the price, with a dynamic movement, broke the local upward trend line at the bottom. When we unfold the trend based fib extension grid, we can see that the price has retreated to a strong support zone from $70 to $67, however, if this zone is broken, we may see further declines towards the support level of $60. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the first resistance should appear at $75.65, and then we will move towards the resistance zone from $79 to $81, and then to the resistance at $84.58. The CHOP index indicates that there is energy to make a larger move, the RSI indicator shows consolidation and a small rebound, while the STOCH index, despite a strong move, did not give a large price increase, which may limit larger increases.
by cryptodailyuk
LTCUSDT - D1LTCUSDT D1 - The price moves in the opposite channel, you can consider both selling and buying along the border of the channel, for stronger movement and achieving goals, the price is necessary to exit the channel, for confirmation you can consider consolidating behind the border channel or retesting after consolidation. What can you expect? At the moment, being near the lower limit, protection can lead to a local cessation of movement. The best order for purchases is to wait until the lower boundary is broken. You should not take into account the risks in the channel, as there may be false border breakthroughs. Local targets 74.32 - 81.61 Long Target 74.32 – 79.20 – 81.61 – 85.79
Long
by Trade_Hive_Signals
Litecoin's Hidden Secret: Life-TIme Double Bottom Pattern🚀In the symphony of crypto charts, Litecoin (LTC) unveils a hidden masterpiece—a recurring Double Bottom pattern that has quietly shaped its journey. A closer examination reveals a substantial resistance zone from $300 to $500, and the revelation of this pattern suggests a promising narrative: once breached, the path to $1000 may be within Litecoin's grasp. Chart Analysis: The Persistent Double Bottom Symphony LTC's Artful Consistency: Litecoin, throughout its historical charts, consistently paints the portrait of a Double Bottom pattern. This pattern, formed by two distinct troughs at approximately the same price level, signifies a potential trend reversal. Critical Resistance Zone: $300 - $500: Litecoin encounters a formidable resistance zone ranging from $300 to $500. A breakthrough beyond this zone would not only signify a major technical achievement but also pave the way for new possibilities. Anticipated Scenarios: Breaking Free to $1000 Breaking the Shackles: The persistent Double Bottom pattern suggests that Litecoin has been wrestling with a key resistance zone for an extended period. A decisive breach above $500 might unleash Litecoin from historical constraints, with $1000 emerging as the next major milestone. Strategic Approaches: Unleashing Litecoin's Potential Strategic Entry Points: Traders eyeing Litecoin's potential breakout might strategically position themselves before or during the breakthrough of the $500 resistance. Vigilant entry, coupled with risk management, could be essential for capitalizing on the anticipated move. Monitoring Resistance Dynamics: Continuous monitoring of Litecoin's price action within the $300 - $500 range is imperative. Breakout confirmation and sustained momentum above $500 would be crucial for validating the potential journey to $1000. Conclusion: A Symphony Unfolding in Litecoin's Charts As Litecoin follows the rhythm of a persistent Double Bottom pattern, traders and enthusiasts alike are eagerly awaiting the crescendo—a breakthrough above the $500 resistance. The stage is set for Litecoin to redefine its narrative and potentially embark on a journey towards the coveted $1000 mark. 🚀 The Hidden Double Bottom Symphony | 🎨 Breaking the $500 Resistance Palette | 🌌 Envisioning Litecoin's Ascent to $1000 ❗See related ideas below❗ Share your insights on Litecoin's chart dynamics and join the conversation about the potential breakthrough and its implications. 💚🚀💚
Long
by Yaroslav_Krasko
1