Litecoin shortLitecoin bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 80 is expected to happen.
LTCUSDT.P trade ideas
LTC/USDTThe Bearish Bat pattern is a specific type of harmonic pattern observed in financial markets, particularly in technical analysis trading. It is considered a variation of the Gartley pattern and is formed by a convergence of specific Fibonacci levels. This pattern is named "bat" due to its resemblance to a bat's wings.
Here are the key characteristics of the Bearish Bat pattern:
1. **Initial Move (X to A)**: The pattern starts with a significant price move, labeled as X to A. This move can be either upward or downward.
2. **First Retracement (A to B)**: After the initial move, there is a retracement, labeled as A to B. This retracement usually reaches the 0.382 or 0.50 Fibonacci retracement level of the XA leg.
3. **Second Move (B to C)**: Following the retracement, the price resumes its move in the direction of the initial move, labeled as B to C. This leg typically extends to the 0.886 Fibonacci retracement level of the XA leg.
4. **Final Retracement (C to D)**: After the completion of the BC leg, there is another retracement, labeled as C to D. This retracement typically reaches the 0.382 Fibonacci retracement level of the BC leg.
5. **Completion Point (D)**: The Bearish Bat pattern completes at point D, where the final retracement (C to D) terminates. Point D typically forms at the 0.886 Fibonacci retracement level of the XA leg.
Traders who recognize the Bearish Bat pattern may consider it a potential selling opportunity. They might look for additional confirmation signals, such as bearish candlestick patterns or bearish divergence in momentum indicators, before entering short positions. As with any trading strategy, risk management and proper position sizing are essential when trading harmonic patterns like the Bearish Bat.
LTC PriceThe Litecoin (LTC) triggered a breakdown and breached its critical 200 day EMA support zone in the last session.
LTC continues to lose bullish steamLTC continues to lose bullish steam
The price was brokeout by a complex pattern and currently confirmed a bearish wave.
It may be temporary, but it may also move further down to the second target.
We have seen several times that LTC suffers from the bullish volume problem.
On the other hand also BTC is not clear and it can push all the crypto market down
in this way.
You may find more details in 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❤️
LTC WEEKLY BULLISH CHARTLitecoin chart shows a break could lead to a 140% pump in the coming months, this is a risk you play with spot buying or low leverage.
Litecoin (LTC): Keep an Eye on 200EMA!!!!Litecoin is back, and this time in the daily timeframe.
Here, our attention is all on that 200EMA, while multiple times it has been a zone of bounce for the coin.
Pressure is high and demand is high in that zone, so we are looking for any potential candles to secure this zone fully in order to see a full-scale movement to lower zones here!
Swallow Team
LTC (LITECOIN) UPDATE - SHORT TERM TRADE SETUP
This is BINANCE:LTCUSDT update following through on our daily timeframe analysis. It looks as though we are about to end an impulse (context on daily timeframe chart - see below).
Wave 1, 2, 3-green is done. Wave 4 has begun, already created it first wave A, B & C where wave C retraces and has been rejection at the 60% Fibonacci level of wave A which looks like a perfect order block or some other fancy names other analyst call it :).
Now we wait for wave D & E to complete. Meanwhile we could see a push out of the channel close to previous swing high (wave A-blue) at $88 to which would still end up being a Triangle but that scenario is very less likely. Either way the invalidation (red dotted line) is clearly on the chart ($92.97)
More confluence, classically, is the DESCENDING PARALLEL CHANNEL where price has rejected few times (circles) from here on I expect price to start dumping to create some kind of short term temporary support which becomes a sell side liquidity to be taken later. I mean come to think of it, it's weekend so that little usual dump is expected too.
PREVIOUS ANALYSIS
OTHER ANALYSIS
ICT Long setup Swing trade LTCUSDT👋Hello Traders,
Our 🖥️ AI system detected that there is an ICT Long setup in LTCUSDT for scalping and swing trade
Please refer to the details Stop loss, FVG(Demand Zone), Supply Zone for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
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✅ A massive rally is comingBullish structure
Pullback completed
BTC & ETH is bullish too
I got long position confirmation
💎 LITECOIN (LTC) - Investment Opportunity (READ THE CAPTION)Upon examining the #Litecoin chart on a weekly timeframe, we can see that the price is currently trading around $81.5 and there is still an opportunity for further analysis for long-term investment. The demand zones are respectively from $67 to $72 and $53 to $59, while the supply zones are $93.8, and from $112 to $134. The targets for this cryptocurrency, in order, are $92.5, $115, $200, and $268.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Litecoin "the Dragon?" 5824Is Litecoin putting in a dragon pattern? It could be holding this 80 dollar level and doesnt want to let go. We will see soon enough if it takes off to retest the local high. This is where we know if its bull time or time to sell and wait. TBH i think long term holders will win out here. This market is just shaking ppl out to the upside and down. Leverage is the main reason
Idea 💡 for LITECOIN LITECOIN has form a bullish triangle pattern, opportunity to enter Long
Sare ur idea with me, Comment
LTC PriceThe Litecoin (LTC) price sustained near the $80 mark and is on the verge to cross the trendline barrier of $85, which might lead to a short term bounce toward $90.
Is LTC's price attempting to surpass the $100 threshold again?The concept of advance breakout and breakdown is highly effective in technical analysis, especially with indicators like the Relative Strength Index.
An advance breakout occurs when the RSI indicator surpasses its previous peak or breaches a trendline while the price has not yet done so.
This serves as an advanced or early signal, suggesting that the price will likely follow the direction indicated by the RSI in the upcoming sessions.
So... is it? :)
LITECOIN BLUEPRINT IS RIGHT HERE WITH SO MUCH ACCURACY
On the previous analysis price has been moving perfectly to the analysis reacting accurately to it.
My next point of interest is within the box which is in between the 50-78% Fibonacci zone. I will be looking to add to my BINANCE:LTCUSDT spot position after taking some profit at that previous swing high.
When all was bullish I was bearish now that they are bearish time to be bullish.
OTHER ANALYSIS
LTC LONG SCALPBased on key levels and Fibonacci numbers it appears we have cleared the lower range and may push to around 89$
LTCUSDTLTCUSDT is showing bullish divergence and it breaking its Last LH plus TL
place a buy stop at 81.8
LTC/USDT Ready to Claim its Local Top Again? 👀🚀LTC Analysis💎Paradisers, brace for a significant turn in the #LTCUSDT market, signaling a potential bullish rally from the current demand zone.
💎Following two profit-taking phases, #Litecoin has exhausted the buy-side liquidity, setting the stage for a possible dip before a rebound from the vital Bullish OB zone at $74.90. If CRYPTOCAP:LTC musters sufficient bullish strength, we could witness a forceful advance challenging and potentially breaching the upper supply zone.
💎However, if #LTC falters in holding its position within this crucial support zone, a rapid strategic adjustment may be necessary. Enter Plan B: we might then initiate a bullish move from a lower demand zone at $67.14. This level is critical—if CRYPTOCAP:LTC falls below this, it might signal the onset of a bearish trend in the market narrative.
💎Stay vigilant and adaptable, Paradisers. Your ParadiseTeam is diligently monitoring and ready to steer you through the shifting currents of the #Litecoin market.
MyCryptoParadise
iFeel the success
The LTC is set for a huge drop.Hello friends nice to meet you all how was your day?
I feel good today because I ate light meat for lunch hahaha
Bearish Flag Pattern is indicating a DOWN.
The exact condition to enter a safe position is when the retest is successful after breaking down the lower flag line.
The target value is the AB=CD pattern, which is a 1:1 value drawn for each inflection point.
Litecoin 42824Wants to follow daddy Bitcoin , running after the fact. Anything I post I'm making a move on. THe plan is always a position trade. Sometimes these things run much higher and much quicker thn I think it should and I rotate out. I'm looking for a few things with this play. 1. Something proven and battle tested over a LONG period of time. 2. Not under scrutiny by regulators. I just dont think LTC is on anyone's radar. 3. Proof of Work.
for me LTC hits all the checkboxes. Its putting in higher lows over long periods of time and Im expecting a large move over the next 12 months. No its not a 100x play. This is more like a 10x maximum. Very low risk though you want it cheapest price but now under 90 is solid.
Btc has run. But ppl will want something similiar and IMO ltc is it. Plus it has Mimblewimble I feel its a no brainer. They want our crypto and they want to know exactly what you have. We need to look for alternative chains and cheaper tx. BTC initial settlement layer will at some point be for the mega rich only.
