LTCUSDT.P trade ideas
LTCUSDT 1hhere are ongoing scenarios with minimum targets.
its literraly 50/50 chance for each move.
at least 1h candle must close after breach any of these two yellow trendlines. and must be confirmed by followed continuation patern from lower degree.
trading this move is a gambling.
good luck to every brave whos getting in.
LTCUSDT.P Long Idea I'm going long on LTC right now until 87.81. Why I chose to start the long now, Last nights panic sell dump landed the price in 2 areas, 1. S/R on the daily, as well as an ascending support trend line which has been running since late 12/22. The reason I'm running it till 87.81 is because there is a major S/R zone on the 4 hour right above it and I believe the 200MA will also come and into play and potentially act as resistance there. There are smaller local S/R points on the 4hr as shown, but I believe it will fight and beat it. But by then I will have moved my SL either into profit or BE. I just hope my SL point right now is wide enough to hold it.
It's like a diamond turnLitecoin went to the pit after halving. But here it has found its diamond and is preparing to turn around. We can see a strong and rare reversal pattern forming at this level. Perhaps there will be 1 more fake out of the lower boundary, but I think we will see at least a correction to the 0.5 Fibonaci level.
LTC : Likely Repeating 2020 Fractal 📈Hi Traders, Investors and Speculators of Charts📈📉
LTCSDT / Litecoin is looking ready for another bullish cycle after a clear completion of the Elliot ABC correction Waves.
We see a very similar pattern playing out during 2020 and it gives us a good idea of what to expect from LTC before another parabolic rally.
While you're here 👋 Check out this idea on CRV :
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LTC/USDT 1D Review Chart Hello everyone, I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel where the price is moving in the lower range.
Moving on, we can move on to marking support areas when the correction begins to deepen. And here in the first place we have a support zone from $77 to $69, then we can see a drop to the second very strong support zone from $56 to $40.
Looking the other way, we see that the price first has to break the resistance at $87.31, then we have a strong support zone from $98 to $114, once we break it we will move towards the resistance at $134.
Please look at the CHOP index which shows that most of the energy has been used, on the RSI we have a rebound and we are moving in the lower part of the range, however on the STOCH indicator we can see that most of the energy has been used which may stop the current correction.
update LTC I'm doing some tests with a new indicator.
In the case of LTC it is indicating a local top at 91.00 and a bottom close to 65.40, let's follow, I am testing the new indicator that I developed within the global markets index and I have obtained many positive results.
Follow me and share with a friend to encourage me to make the bookmark available to you in the future.
LTCUSDT 1h TPsif you joined the bulls for this run, make sure you take some profits.
grey box present the confluence area where you should start think about it.
I'll start looking for shorts as soon as we get there.
seeing a 1h candle closing above $92.68 would be something against the rules, so it shouldnt happened at all.
thats about it for now.
enjoy your flight.
talk to you after.
LTC ShortLTC charts a trajectory within an ascending trend channel. The lower boundary of this channel serves as a stalwart pillar of support, while the upper threshold assumes the role of a resilient resistance. Notably, LTC showcases a pattern of establishing Higher-Highs and Higher-Lows, indicating an upward trajectory. Currently, LTC is on the verge of interfacing with the lower support boundary. Diving further into LTC's support and resistance structure, a significant development surfaces: the breach of the $85 support, which subsequently metamorphosed into a barrier of resistance. This shift marks LTC's current descent. Looking ahead, the next robust support stratum for LTC is situated in the range of $73.5 to $74. Notably, this critical range converges with the lower trend line, emphasizing its potential significance. The impending intersection with this support zone carries notable weight, as it amalgamates the influences of the trend line's trajectory and the established horizontal support. By extrapolating insights from historical price fluctuations within the $85 to $74 range, the anticipation arises that LTC will gravitate toward the lower support zone by the culmination of August.
LTC 0.618 FIB levels.In the contemporary landscape, LTC charts a trajectory within an ascending trend channel. The lower boundary of this channel serves as a stalwart pillar of support, while the upper threshold assumes the role of a resilient resistance. Notably, LTC showcases a pattern of establishing Higher-Highs and Higher-Lows, indicating an upward trajectory. Currently, LTC is on the verge of interfacing with the lower support boundary. Diving further into LTC's support and resistance structure, a significant development surfaces: the breach of the $85 support, which subsequently metamorphosed into a barrier of resistance. This shift marks LTC's current descent. Looking ahead, the next robust support stratum for LTC is situated in the range of $73.5 to $74. Notably, this critical range converges with the lower trend line, emphasizing its potential significance. The impending intersection with this support zone carries notable weight, as it amalgamates the influences of the trend line's trajectory and the established horizontal support. By extrapolating insights from historical price fluctuations within the $85 to $74 range, the anticipation arises that LTC will gravitate toward the lower support zone by the culmination of August.
Additionally, we can observe that the 0.618 Fibonacci level is also located around $74, which contributes further strength to the support zone for LTC. Presently, LTC rests at the 0.5 Fibonacci level, although it is currently exhibiting insufficient strength to facilitate a significant price increase.
LTCUSDT 15m there is a wave C to get done with (1/1 size of wave A), so lets have a look.
price achieved all of the minimum requirements to say that this is a new trend begining.
we can possibly look at the wave 1 and 2 followed by 1 of 3 / c / B.
agrresive pusz to the up side is something i wish to see at any time from now on.
this is crypto, folks.. expect evey scenario, or go home.
new low will make this setup invalid.
do you follow?
LTCUSDTThis is a 1D frame analysis for LTCUSDT After reaching the third resistance zone, the price was unable to sustain above it and started to decline. We are currently seeing the price fluctuating around the support zone and expect it to break the first resistance line and move to the next resistance zone. Be aware that if the price fails to move above the first resistance line, we should expect it to move to the next support line. However, if it is able to sustain above the resistance line, we can run a flag pattern. We can see a positive outlook in this timeframe.
LTCUSDT 15m Binance
price got in to a minimum retrecement zone so it can reverse at any time.
price forming wave 1 and 2 of the new tren up as a wave c of B got rejected and continue as new formed wave Y.
price got in to a minimum retrecement zone so it can reverse at any time, keep it in your mind.
this count is possible, but what if it is not the only count available?
let me know if theres anything that i missed to mention.
channel maybe updated within the price progression.
price can reject of the channel upper boundry again as shown. we will just proceed with XX and Z after.