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Litecoin / UST

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LTCUST trade ideas

Litecoin seems to be range boundBINANCE:LTCUSDT On April 26, Litecoin experienced a highly volatile day, with both bulls and bears attempting to seize control but ultimately failing. Following such a large volatile day, a period of range contraction typically ensues for a few days. The fact that the moving averages are flat and the RSI is just below the midpoint suggests that the LTC/USDT pair could move sideways in the short term, oscillating between HKEX:85 and $96. A breakout above HKEX:96 or below HKEX:85 would signal the start of the next trending move. If bears manage to push the price below HKEX:85 , the pair may drop to $75. Conversely, if the bulls take control and drive the price above HKEX:96 , it could open the door for a possible rally towards $106. Let me know what you think! Follow me for more TA!
by TradeViewDemiGod
$LTC$87.26 a close below would invalidate this idea ( manipulation possible wick below take liquidity then pop) for now assuming we tag 182 post its halving in under 100 days so worth punting a long here for the time period with a tiny risk compared to the reward swing entry is decent too tbh all depends on how much you are willing to risk and how much do you really want to make ;) we should flip this 200 ema here and then have our golden cross assuming all goes well fun should begin in a month maybe use a different account enter the trade and log off ..
Long
by CompoundingGain
LTC/USDTNYSE:LTC we have an ascending broadening wedge pattern! which is a bearish pattern, but does not mean it will always breakdown, but instead we can use it as a guideline for support and resistance levels. Inside of the ascending broadening wedge pattern what we have is a symmetrical triangle, you can see the blue dotted lines is support level which must hold if it doese not hold then the green line would be a great buy level, personally as long as btc stays above FWB:25K I do not see us breaking down to that level, so a good trade could be entering the blue dotted line and waiting for a breakout which can be within 38 days because we are starting to compress inside of the symmetrical triangle. GL
Long
by UnknownUnicorn22804749
Litecoin production will be reduced in two months! Litecoin production will be reduced in two months! The market is starting to accelerate! This figure shows the line chart of Litecoin from the beginning of March 2023 to the present. As shown in the figure, Litecoin has rebounded 4 big bands after bottoming out, and will once again accumulate strength to choose the direction to break through! Since the production of Litecoin will be reduced in two months, the market has begun to accelerate!
by Think_More