LTCUSD ❕ ascending triangleLitecoin volatility has declined.
The asset continues to move above the liquidity zone and trading volumes remain stable.
Price successfully tested 50EMA (4H TF)
RSI keeps moving in the buy zone after successfully confirming the support level (4H TF)
I expect growth after price fixes above resistance.
LTCUSD
LTCUSD ❕ overboughtThe asset is clearly overbought by RSI and BB indicators (4H TF)
Price has formed a bearish divergence along with the RSI and trading volumes on the 1H Timeframe.
TD Sequential has formed a reversal signal downwards (30m TF)
I expect LTC correction after price fixes under resistance.
Joe Gun2Head Trade - Bearish Flag on LitecoinTrade Idea: Selling Litecoin
Reasoning: Bearish Flag on the 60min chart.
Entry Level: 52.52
Take Profit Level: 50.52
Stop Loss: 53.13
Risk/Reward: 3.35:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
LITECOIN ready for its next move!Litecoin is still currently moving sideways in a tight range on the weekly time frame which isn’t very common for such a long period of time.
Still fully expect and believe our next breakout will be to the upside. How much lower can we go, right? I have full faith especially when it comes to Litecoin. The low $50 dollar range for Litecoin has been holding strong. It’s acted as historical resistance in the past which is why it’s holding with such strong support.
Our downside risk compared to upside reward is an absolute beautiful risk to reward setup.
My first target is still the red box of resistance and yellow .236 fib level of $129 dollars.
What’s everyone think?
LTCUSD // prepare for landingHi✋🏽
After a bearish divergence on the RSI and the break of the short trigger zone, price is ready to reach the targets. There are many weekly lows in the way, so the road may be a bit bouncy.
Trend turns above the long trigger zone.
What do you think???
Trade safe! ⚪️⚫️
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ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
I JUST REACT!
Thanks for reading my analysis!🤘🏽
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
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LTCUSDT -Sleeping GIANT😴 Parabolic ALTHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Litecoin /LTCUSDT is an altcoin that I am optimistically bullish on. The reason? Unlike most other coins, LTC is still trading underneath it's first ATH and in the accumulation zone of the Fibonacci Retracement. This is the points between 0 and 0.236 . LTCUSD is no stranger to making parabolic jumps, as we see a near 900% within 4 months. Spot positions may be ideal for this trade setup.
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CryptoCheck
LTCUSD ❕ downward channelLitecoin is moving in a downward channel under liquidity.
The RSI chart is in a downtrend channel just like the price and has recently successfully tested the upper boundary (4H TF)
LTC is testing 50EMA as resistance (4H TF)
I expect the continuation of price decrease if the price fixes under the support.
Buying Litecoin lows.Litecoin - Intraday - We look to Buy at 50.51 (stop at 49.58)
With signals for sentiment at oversold extremes, the dip could not be extended.
We look for a temporary move lower.
We look to buy dips.
Bespoke support is located at 50.50.
Our profit targets will be 52.98 and 53.48
Resistance: 53.00 / 54.00 / 55.00
Support: 51.50 / 50.50 / 50.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LTCUSD - RSI Indicating ReversalRSI has reached its bottom point
Price will likely pose a reversal
I have a feeling that the reversal we will see will be a lot different to the previous two rallies that I have charted (300%,400%). With a bigger breakout being on the horizon.
Linking some relevant ideas below
LTCUSD - Buying LTC into OctoberOctober in the past has been seen as a short term bullish period for LTCUSD
LTC right now is entering its October state and has formed a sharp bullflag like structure
This could be the time for a breakout on relevant time scale similar to that seen in these prior years
Interesting
Buying Litecoin trend of higher lows.Litecoin - Intraday - We look to Buy at 52.21 (stop at 50.98)
The trend of higher lows is located at 52.20.
A lower correction is expected.
Dips continue to attract buyers.
We look to buy dips.
Short term momentum is bearish.
Buying posted close to the previous low of 51.70.
Our profit targets will be 54.98 and 55.88
Resistance: 54.00 / 55.00 / 56.00
Support: 53.00 / 52.00 / 51.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Buying Litecoin dip.Litecoin - Intraday - We look to Buy at 52.05 (stop at 50.98)
The trend of higher lows is located at 52.00.
A lower correction is expected.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 54.98 and 55.88
Resistance: 55.50 / 57.50 / 59.00
Support: 54.50 / 53.50 / 52.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.