LTCUSDT.PLTCUSD At the very least I have to give respect to this channel until it no longer does what it has done for the past 8 years. Can be aligned to find a more accurate price for entry, but it's 4AM for me so I won't.
I think averaging in here would be fine, for spot the worst case is that you'll have to endure it in the red for a while, but not a bad price to enter at all, I think whatever relief rally we do see from here would end up being somewhere between 50-60% in the short term, and we all know that Crypto likes to overshoot. Breaks above are followed by breaks below; a permanent loop of sweeping everyone, it is beautiful, relentless, and methodical.
I am not saying that it will or has to continue this way, or has to turn around here because it broke below. It is a line and the line is very likely not in the right spot that the big money will use. It could take the Aug 2024 low first, or even the June 2022 low, both of which would hurt.
Risk to reward looks good, but for sure needs to be either managed meticulously (if high leverage) or more realistically needs to be a trade that you can be comfortable ignoring and not worrying about in the case price reflects the uncertainty for a while longer.
In my opinion, low leverage or spot scaled entries have a good chance to be pretty rewarding here, I'm doing higher leverage so that I can scale in more aggressively if it does go lower, but have added significantly to the margin to move the liquidation price to a safe point.
As things become clearer (hopefully I can become more confident that a lows in for a proper rally) & I'll move some of what I added to the margin into the position size.
The worst case I can see is into the 40's, and while that sounds dreadful I am prepared for that (as long as it's an impulsive thing rather than a grind down).
For long term positions or adding as an investment rather than a shorter-term leveraged trade, it's at the VERY least worth some consideration.
LTCUSDT.PLTCUSD I'm so back let's go baby it ain't over til it's over (the last two times I've gotten hyped it has dropped 30% in the following two days)
LTCUSD Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the LTC/USD "Lite Coin vs US Dollar" Crypto Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐
Entry ๐ : "The heist is on! Wait for the MA breakout (80.00) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for pullback entries. ๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐ Thief SL placed at the recent/swing low level Using the 3H timeframe (72.00) Scalping/Day trade basis. ๐ SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
๐ดโโ ๏ธTarget ๐ฏ: 88.00 (or) Escape Before the Target
๐ฐ๐ต๐ธLTC/USD "LiteCoin vs US Dollar" Crypto Market Heist Plan (Day / Scalping Trade) is currently experiencing a bullishness,., driven by several key factors.๐๐๐
๐ฐ๐๏ธGet & Read the Fundamental, Macro, COT Report, On Chain Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check ๐๐๐๐
LTCUSDTLTC is currently trading within a well-defined wide range, bound by a strong support zone near $63 and a resistance zone around $130โ$140. The price has once again bounced from a rising support trendline that has held firm since 2020, confirming its significance as a long-term bullish structure.
Each time price approached this rising trendline within the support zone, it has historically led to a reversal or a strong upward move. Currently, LTC is showing signs of support around this zone again, suggesting the potential for another bounce.
However, the range-bound nature of the chart implies that until a breakout above resistance or breakdown below support occurs.
LTCUSD When people tell you to buy the dip, take a look at the price action going back to 2017. This is a short term trade only. Never hold. Look at others like Pepe. Never hold.
LTCUSDT.P 
