LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Hello, welcome to this LTC/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
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CHART ANALYSIS:-Litecoin (LTC) was a notable gainer on Friday, as the token surged by as much as 8% in today’s session.
Following a low of $60.29 on Thursday, LTC/USD raced to an intraday high of $63.61 earlier in the day.
As a result of today’s rally, litecoin moved close to a key resistance level, hitting its highest point since last Friday in the process.
Looking at the chart, prices did not yet collide with the aforementioned ceiling of $64.00, which was last broken ten days ago.
This comes as the 14-day relative strength index (RSI) hit a key resistance level of 57.00, leading earlier bulls to abandon their positions.
As of writing, LTC is now tracking at $62.77.
This is not a piece of financial advice.
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LTCBTC
LTCBTC DailyY Chart TechnicalsLTCBTCspiked up yesterday and closed with a solid bullish candle.
LTCBTC tested 0.00379 BTC resistance and closed below it.
We need a support from BTC.D for LTCBTC to continue the bullish move.
Bitcoin Dominance shall remain neutral or bearish for this move.
Above 0.003790 BTC, we will see 0.00405 BTC, which is a minor CRYPTOLEAN resistance.
The next main resistance in the daily chart for LTCBTC is 0.00443 BTC.
LTCBTC is trading as doji candle so far.
LTCBTC Cup and Handle aiming at 0.00600Litecoin (LTCUSD) has been greatly overperforming against Bitcoin (BTCUSD) since June 13 and last week even broke above the Lower Highs trend-line that has been holding since the April 2019 Highs.
This rally is coming after the completion of a technical Cup and Handle (C&H) pattern, after breaking above the 1D MA50 (blue trend-line) and having the 1D MA200 (orange trend-line) as Support since late August.
Technically, the pattern targets the 2.0 Fibonacci extension, which is just above 0.00600.
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LTC/BTC Ready for Another -70% Fall ..?#LTC/BTC Technical Analysis:-
#Litecoin Is currently trading around 0.0036 BTC level.
As Per chart Big Resistance Level is 0.0044 BTC
If Break 0.0044 BTC level then I am expecting Big Move upward side but IMO not break and It will test again New Low’s.
So Be ready for Both Scenario and Never open any trade Blindly.
I am Fully Prepared for Next Bull Market and Working hard for you also.
I want Next Bull run you all wealth 10x-50x
Now Coming to The chart…
If Rejected from 0.0044 BT.LC Level resistance then I am expecting it will test 0.0025 BTC ( Which is approx -38% from Rejection level.
And Also Expecting more down fall if break 0.0025 Level then It will test 0.0012 Level in Few Months. ( -70% from Current Level )
So Guys Trade with Mind not FOMO
Support:- 0.0025/0.0012 BTC
Resistance:- 0.0044 BTC
Please Like and Appreciate ❤️❤️❤️
Litecoin - 2000% profit! Last chance to buy low.
The bottom is in for Litecoin, and you have the last chance to buy cheap Litecoin these days!
20x is a reasonable target to take profits because you want to be greedy. It's been almost 5 years of sideways price action.
If you like Gandalf or Litecoin, then hit the like button right now!
As you can see on the chart, there is a running flat pattern, which is an Elliott Wave corrective pattern that may occur after a strong impulse wave. This pattern has been completed after almost 5 years.
If you didn't know that, Litecoin was the first altcoin, which can be mentioned in the Guinness World Records book. This is pretty impressive, isn't it?
Let me know in the comment section if you want to buy Litecoin or if you already hold litecoin. I look forward to your comments!
If we take a look at the MACD indicator, we can spot a bullish histogram on the weekly chart, and we can also see 3 peaks, which indicates a diagonal wave.
Litecoin experienced a massive bull run in 2015–2017. Another bull run is, of course, very likely in my opinion, and it can be very soon.
Litecoin was released via an open-source client on GitHub on Oct. 7, 2011.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors.
For more analysis, hit "Like" and "Follow"!
Litecoin: Attempting to Break Free From a Multi-Year-DowntrendA few years ago Litecoin was trading at this very level and at the time the idea was that it would eventually make a higher low and give us a Bullish Bat-Action-Magnet-Move which would result in LTC confirming a harmonic W structure and revisiting the 88.6% Retrace Above to Finalize a Bearish Bat Pattern; After many months we finally set in the higher low we were looking for and began to go for the 88.6% Retrace to complete the pattern, once hit we began what would now soon be a Multi-Year-Decline.
However now we seem to be showing Signs of Seller Exhaustion in the form of Double MACD Bullish Divergence and an Oversold RSI and now it is testing the Downtrending Line to see if there's enough supply there to keep it down or if the sellers truly are too exhausted to continue this downtrend much longer. If the trendline breaks Bullishly which i do think it likely will my First target will be to take us back to the level this downtrend first bagan (the initial zone of reversal) which i labeled "The Danger Zone" back before the intital Bearish Reversal happened but if things get truly insane I think it could see as high as the 1.618 Fibonacci Extension at $700-$2200 depending on rather or not you're looking at it from a Linear Scale or Log Scale basis.
Along with that LTC since around Nevember of last year has been showing Bullish Variables against it's BTC Pairs, The Total Cryptomarket Cap, and Oher Individual Alts such as BCH and ETH. It would be alot to go into the full details of all of those variables here in this post, but i have posted these variables live as price action has progressed over the years so if you want to see the details of these variables, I'v listed them below in the Related Ideas Section.
LTC/USDT - LONG 12H TF----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #LTC/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1X)
Entry Targets:
1) 68.87 - 100.0%
Take-Profit Targets:
1) 78.22 - 20.0%
2) 85.49 - 20.0%
3) 96.92 - 20.0%
4) 115.44 - 20.0%
5) 133.96 - 20.0%
Trailing Configuration:
Entry: Percentage (1.5%)
Take-Profit: Percentage (0.75%)
Stop: Breakeven -
Trigger: Target (1)
LTC/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ LTC/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Isolated (5.0X)
Entry Orders:
1) 52.35 - 100.0% (177.9822 USDT)
Take-Profit Orders:
1) 55.57 - 75.0%
2) 57.53 - 20.0%
3) 60.33 - 5.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
LTC/USDT - SHORT MEDIUM-TERM----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ LTC/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 49.92 - 100.0% (148.91248 USDT)
Take-Profit Orders:
1) 46.58 - 80.0%
2) 42.56 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)