LTCUSDT.P trade ideas
LTC 👉 🔺️ Moving in triangle 🔺️👈Hi dear traders
The price of Litecoin in the daily time frame is supported at the level of 78.6%( 56.52$ ) correction of the previous wave and has shown a good reaction to it. The not-so-credible downward trend of the price has also been broken and the normal positive divergence in the MACD indicator indicates the possibility of the continuation of the upward trend after the price exits the triangle pattern and breaks out of the 69$ resistance in the price.
Now we can open long position after breakout triangle or wait until feak breakout bottom of triangle near 61.5$.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
LTC - EvaluationLTC - for educational purposes only!
Chart 2 - no yet target.
Next shows by Arrow - 85.60. BUT - has to broken 1st one.
Next chart is coming!
LTC - Evaluation 1LTC - for educational purposes only!
Chart 1 - Fib. Lines.
Showed 1st level of Resistance = 0.382
Next chart is coming!
LTC - EvaluationsLTC - for educational purposes only!
Chart 0 - no yet target.
Next chart is coming!
Technicals Suggest LTC Could Rise 10% in the Next Few DaysIn the past 48 hours, BINANCE:LTCUSDT has maintained its bullish momentum, reflecting a strong uptrend on the 4-hour chart. Closing prices over the last several candles have showcased the resilience of LTC, with recent figures ranging between $79.92 and $84.16.
The 9 Exponential Moving Average (EMA) for LTC has been consistently above the 20 EMA, indicating a bullish trend. The 9 EMA has shown an upward trajectory, affirming the prevailing bullish sentiment. Similarly, the 20 EMA has demonstrated a positive slope as well, further solidifying the uptrend.
Moreover, the Moving Average Convergence Divergence (MACD) histogram has exhibited bullish momentum, with values consistently above the signal line. The MACD histogram has also progressively increased in the last two days, highlighting strengthening bullish momentum. This suggests a continuation of the current upward trend in the Litecoin price action.
The Relative Strength Index (RSI) for LTC has displayed overbought conditions, indicating heightened buying pressure. Despite occasional fluctuations, RSI values have remained relatively high, with recent readings ranging between 64.36 and 78.32. While this signals a potential for correction, it also underscores the prevailing bullish sentiment in the market.
Considering potential price movements, investors should closely monitor key support and resistance levels. The $76.32 mark serves as immediate support, followed by additional support level at $73.02. These levels may act as critical areas for price rebounds or potential entry points for long positions.
Potential Trade Approaches
For a long trade, investors may consider entering once the Litecoin price breaks above the resistance level at $84.16. This breakout could signify a continuation of the bullish momentum. Set the initial profit target at a conservative level, such as 10% above the entry point, around $92.58. However, if the trend remains strong, consider trailing the stop loss to protect profits while allowing the trade to run. Alternatively, if the price falls below the 9 EMA or encounters resistance at higher levels, consider exiting the trade to lock in gains.
For a short trade, wait for confirmation of a bearish reversal pattern or a rejection near the recent resistance level at $84.16. This could include a bearish engulfing candlestick pattern or a failure to break above the resistance level. Set the initial profit target at a conservative level, such as 5% below the entry point, around $79.95. However, if the bearish momentum intensifies, consider trailing the stop loss to protect profits while allowing the trade to run. Additionally, if the price crosses above the 9 EMA or encounters support at lower levels, consider exiting the trade to limit losses.
$ltcusdt trading planas you know we closed our previous trade with nice profit.
here is the my new plan for $ltc. buying and selling prices are on the chart.
LTC/USD 2 Squeezes in OneHere we are playing off the harmonic idea of a double confluence of squeezes in terms of structure and timing. The TTM Squeeze indicator has a rare weekly squeeze to the upside and LTC has not moved a muscle yet, which is a rare opportunity. In theory, based on what I have been seeing in the market... if everyone is as long as they say they are, this is a great opportunity the weekly scale I mean great tbh. Not to mention this would mean timely results instead of waiting a very long time for strong trend-like moves.
LTCUSDT 1D#LTC is moving nicely. Golden cross happened and it made strong support around $70 level. It is trying to break the symmetrical triangle now. We expecting bullish wave soon. Targets are:
$78.54
$85.50
$92.46
$102.37
$115.00
Supports:
$69.92
$56.00
LTC/USDT 1DInterval Chart ReviewI invite you to review the LTC chart on a one-day interval. Let's start by defining the upward trend channel with the yellow lines, from which the price broke out at the bottom, but here we did not see a dynamic correction, only a movement under the lower edge of the channel.
Let's start by marking support points for the price and we can see that first of all we have strong support which currently holds the price at $69, but if the price drops lower, we have another strong support at $56, and then we can see that the price has more room for a drop to around $40, which is unlikely.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that currently the price has been rejected by the resistance at the level of $76, then we can see a strong move to around $98, and then we can see the resistance at the level of $114, which previously effectively rejected the upward movement.
On the RSI indicator, we can determine the downward trend line from which we moved upwards from the moesijce to a potential upward movement, while on the STOCH indicator, the upward movement ended with a dynamic recovery, which again gives room for growth.
Litecoin(LTC): Soon To Re-Test?Litecoin has had a magnificent push so far, breaking that 200EMA compliantly, but yet without any re-tests.
We are looking for a potential re-test to happen in that zone, but before that, we might see a very small push to the upper zones.
If momentum comes, the short could be good for sure (and afterward, a long).
Swallow Team
Ltc Daily Chart AnalysisLtc Daily Chart Analysis
Ltc is Still under performer but we Connot ignore its high use case
slow and steady win the big race
hope it will perform high then my expectations.
LTC wants to flyLitecoin is prone to start its large diametric E wave.
Wave D appears to be a triangle that is now ending.
By maintaining the green range, it is expected to move towards the specified tp on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
LTC - symmetrical triangle formed and a breakout happened !!A symmetrical triangle formed and a breakout happened with a good volume on LTC-USDT pair in 4HR TF
LTC, the Sleeping Giant now awake!! could it ready to takeoff?Technical Analysis: #LTC (Weekly Update)
#Litecoin now trying to breakout the 238 days accumulation zone, if it could, this is just the beginning of new uptrend.
#Litecoin is almost ready to takeoff and looks too bullish, if today closing upper the trend line so it will ready to test its previous high and make new ATH at year end or earlier.
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#LTCCOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
$ltcusdt scalp opportunity hello everyone,
Ltc may go up 5% or so rapidly. it is worth to try.
entry and tp prices at the chart.
ltcFrom the bottom, no penetration to the support level has been done, an upward movement can be imagined
A risky entryLitecoin DES currency is placed in a symmetrical triangle, so the exit from each side allows the possibility of 20% growth or fall for this currency.
There is a possibility of growth for this currency in the time of 4 hours because it is now in an important support range and we can have a long position with good risk and reward as mentioned in this video.
We also identified two other important support ranges for this currency, which we can consider as entry steps for the said signal.
On the other hand, we also determined important resistance ranges for this currency
Litecoin(LTC): Will 200EMA Hold The Price? The 200 EMA and a smaller trend that emerged on a daily timeframe have forced Litecoin into a corner.
Historically, 200EMA has been doing great work, and as long as we see the same results from it, we will see a breakdown in the trend very soon; if not, then 200EMA will turn into the support zone.
Swallow Team
