LTCUSDT trade ideas
LTC around 25USD?I hope I'm wrong, dropped out of the triangle and top 3 times before. This is not entirely positive for LTC.
Also, the existence of other cryptocurrencies with similar or better properties (XRP ?) may affect the demand and value of LTC. Competition in the cryptocurrency space is very strong, so it is important to monitor the innovation and development of competing projects.
A Deep Dive into LTCUSDT Price Floor💎In our recent analysis of #LTCUSDT, we noticed a daily break surpassing the resistance, signaling the first bullish nod. However, post-breakout, a steady decline in price emerged, prompting us to question the validity of the uptrend. Let's delve deeper into this correction to gauge #Litecoin's potential upside.
💎Initially, the price rebounded impressively from the 23.6% Fibonacci resistance at $104.47, when marking the first pullback of the downturn. Since then, a descending wedge pattern has been forming on the daily chart. The real intrigue unfolded recently when the price touched the 241.4% Fibonacci retracement level and bounced back sharply. Concurrently, #LTCUSDT tested the wedge's lower boundary, and the MACD oscillator showcased a bullish divergence.
💎These signs strongly hint that #LTC might have located its bottom and is gearing up for a potential long-term bullish journey. Yet, for our astute Paradisers, diving in now might be premature as the price is still encapsulated within the wedge. A definitive bullish confirmation would be a breach above the downtrend trendline, likely igniting significant buying activity.
💎Currently, the ParadiseTeam is meticulously observing the demand zone between the psychological threshold of $70 and the $72.5 Fibonacci support. If this zone remains resilient, the bulls might gear up for some exhilarating moves, and rest assured, we'll be right there with you. Stay alert, Ladies and Gentlemen of ParadiseClub!
LTC flash recovery pump 📌 incoming CRYPTOCAP:LTC :: SHORT ⏰ PERIOD ANALYSIS 📌
Previous I provided sell short ↘️ unfortunately we missed buy zone difference of $0.86 of 1st buy zone 📌 🙄 now reached target 🎯 1 📌 near to target 2 📍 I want to catch return pump 📌 so this trade set-up 📐 involved High risk so called as #scalping
#futuretrade :: 2-4x ( 1-5% liquid 💰 ) #dyor BUY LONG ↗️
#BUY :: $75.8 - $80.2 - $83.56 ( 50%-30%-20% )
#sell :: $94 - $114.9 - $134.28 ( #imo $110 )
#SL :: $73.36 ( complete day close below 📍 )
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LTC/USDT Big Movement Incoming ?? Litecoin Today Analysis💎Hello Paradisers, here's a token to keep on your radar!
💎LTC might be gearing up for a retest around the $81 mark before potentially diving further and breaking its demand zone. This area isn't just a demand spot for LTC but also a bullish channel's support.
💎However, the key is to observe the daily candle close. If LTC concludes its daily trade beneath the bullish channel's support, it might swiftly descend, shattering the demand and heading toward the Bullish OB.
💎It's essential to note Bitcoin's influence on altcoins. Currently, BTC seems poised to dip towards the FWB:27K -$28k bracket, coupled with a rise in BTC dominance.
💎This isn't a great moment for altcoins. When BTC drops and its dominance surges, altcoins typically face a downturn.
💎My advice? Exercise patience and await clear signals. However, if LTC manages to hold its ground within the demand and bullish channel support, consider a buy-only post-LTC's breach of the Lower high at $85.5 and a subsequent close above it.
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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CRYPTOCAP:LTC BINANCE:LTCUSD.P BYBIT:LTCUSDT COINBASE:LTCUSD BINANCE:LTCUSDT
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.