LTCUSDT trade ideas
Litecoin LTCUSDT Price Analysis (4h)๐๐ Litecoin (LTC) Price Analysis ๐๐น
Litecoin is currently consolidating near a critical support zone at $86-85, presenting a crucial juncture for traders. ๐ The price has the potential to break out towards the target at $95, offering an opportunity for bullish momentum.
However, it's important to remain cautious, as there is also a possibility of a bearish breakout that could lead prices towards the $77 level. ๐๐ป
Stay vigilant and closely monitor the price action for potential trading opportunities. Happy trading! ๐๐ฐ
LTC Halving Is Done. Now We Go Back.Here is My Study On LTC.
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This Is Not A Finacial Advise
When will LTC stop falling? LTC when bullrun?For LTC, the start of halving, as usual, led to the weakness of buyers and the strength of bears. We have come to a global zone of interest, in this zone it is worth considering purchases. I expect a reaction from the 0.618 level. On smaller time frames, we should expect divergence signals in the form of a formation on the chart, this is what the market movement looks like, the Ultimate Oscillator oscillator will help with this, it is designed for divergences. You also need to pay attention to the overbought RSI of 12h, 6h and 4h
LTC 4H Review Hello everyone, I invite you to review the LTC chart on the four-hour interval. As we can denote with the blue lines, the price is moving in the uptrend channel where we are moving towards the lower border.
Let's start by marking the support places for the price and for this we will use the trend based fib extension tool, you can immediately see that the price is staying in a very strong support zone from $88 to $81.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price bounces off the $95.94 resistance, then we have a second resistance at $102.22, then a third resistance at $107.64, and then price needs to break the strong resistance zone from $113 to $120.
The CHOP index indicates that there is still energy to make a move, the RSI is in a strong rebound but there is still room for the price to go lower, while the STOCH indicator is approaching the lower limit and there is some energy left to complete the move.
LTC: LONG TERM VIEW! BEST BUYING ZONE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to the new LTC update.
Today is LTC's halving and this might be the sell-the-news event. According to the chart, it is forming a symmetrical triangle in the weekly time frame and rejecting the resistance zone of $100-$120. I'm expecting it to drop more from here.
IMO, the best buying area for LTC is around the $60-$70 level. We have support here and also here the lower line of the symmetrical triangle lies.
Once it breaks out from this symmetrical triangle a new bullish rally starts for LTC and do not expect this before a proper bull run.
Hope this chart helps you. If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
ltcusdt - long before halving (smart idea)- aria bayer
- 2 August halving
- buy now and sell on August 2nd.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author ๐ P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.