#LTC Suppressed PA#LTC
On the weekly we can notice LTC hasnt moved very much similar to the last cycle.
The indicator below is BBW (Bollinger Band Width). When it is low, this means that the bollinger band is tight = volatility is suppressed.
I will go ahead and buy some LTC here for a swing spot, will update in due time.
LTCBULLUSDT trade ideas
Price ReactionsThe trend for Litecoin on a weekly timeframe is downward. A descending trendline has been established, and due to the recent lag in growth, the price has revisited the descending trendline area, resulting in a decline. The orange support box at the Fibonacci 0 level is identified as a crucial support area, which has repeatedly influenced price reactions. At present, it is anticipated that the price will fluctuate between the established support box and the descending trendline. A breach in price on either side could significantly impact the overall price direction.
Litecoin(LTC): Full Breakdown or Not?LTC has caught our attention here with two possible scenarios.
First one: Wait for breakdown to happen from trend and let bears secure it. From there, we might get a nice opportunity to short this coin!
Second one: Wait for the price to reach upper resistance and see how the market price will react to this zone; potential weakness might be shown there!
Which one are you waiting for the most?
Swallow Team
LTC: Both scenarios are possibleLTC: Both scenarios are possible
LTC is moving within an Ascending Channel.
So far the price is still bullish and it may continue to rise further as shown on the chart
I am focused more on the bearish move.
If the price moves below the channel I would like to sell LTC.
If the bearish breakout happens it may test $64 again.
If you like the bullish scenario and you are bullish on LTC, simply follow the targets:)
You may find more details on the chart.
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Litecoin(LTC): Potential Breakout Can Happen!!! Time To Buy?LTC coin is showing some strength here with a good potential for upward movement here on a daily timeframe.
We are looking here for a potential breakout with a confident re-test as always, but we are ready for all kinds of movement here, meaning if we fail to breakout, then we might touch that lower line!
Swallow Team
LTC Update - 25.01.2024 / Short setup4 hour chart:
I see the coin moving in a full downward oof through withdrawal of internal liquidity, structure breakdowns, FF imbalances and mithigating bts zones.
At this point I'm considering two POIs for a set of shorts positions:
1. Daily FVG that broke local structure to short (Only through confirmation on ltf in the form of nascent off / structure breakdown)
2. Block order zone + ind (Also only through ltf confirmation)
Market maker left enough compression behind the lows to deliver price on the downside, so we just have to wait for rebalancing in POI and trade pattern formation!
Not financial advice, always think with your head! ❗
Litecoin(LTC): Rejected 200 EMAAfter that major rejection from the 200EMA price, LTC has had a hard and sharp rejection without any resistance from buyers.
We are seeing here a further movement to lower zones to occur, but we are prepared for a potential small correction as well before continuing the downward movement.
Swallow Team
Level breakoutHello, this is my very first trading idea at this resource. I expect the price to go through a few levels down. I am not sure about this by the way, just trying to learn something. I am a noob on this topic (a kind of to be honest, but no experience in manual trading). Wish me good luck in this hard way.
...(LTC)📊Analysis by AhmadArz:
....
🔍Entry: 72
🛑Stop Loss:72.82
🎯Take Profit: 71.30
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Litecoin(LTC): Bullish Or Bearish??LTC is back on radat with another touch to upper 200EMA after that massive liquidity movement on to lower zones.
Despite the fact that we had a nice rejection (another) at EMA we are waiting for perfect setup to form in order for us get a good entry. What do you think? Will we see a breakout in the upper zones or a breakdown in the lower zones?