Is Litecoin Forming an Uptrend?- LTC has formed a head and shoulders pattern, I predict for the week of July 11 to July 16 #LTC to cross $65
- Chart analysis from November 2021 to July 2022: #LTC broke out of the Triangle pattern and is in a slight uptrend
- From January 2022 to July 2022 #LTC runs in a flag pattern, if LTC approaches $65 will touch the upper edge of the bullish flag, there is a possibility that #LTC will officially reverse.
LTCUSDT
After calling the low in #Litecoin back in June 4th to $40...
we are due a nice rally
Back to the old funnel area of $65
After first calling a break to $80
and then the (most likely) final bearish continuation patterm
I am no longer bearish!!!
And I am currently long #Litecoin
avg entry price $50.61 via futures contracts
Litecoin LTCBTC - Falling wedge + New bull market! +Elliott Wave- On the weekly chart we can see a falling wedge - bullish reversal pattern and the price is currently above the wedge!
- Due to my Elliott Wave analysis - we have completed an impulse wave successfully (12345) as you can see.
- Our profit target is 0.618 FIB retracement of the wedge or you can target top of the wedge if you think that the price can go even higher.
- LTCUSD pair looks strong compared to bitcoin last week, so we can really experience a huge uptrend.
- We have a huge volume spike as you can see on the indicator!
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Ltc new update1. Trend line standard price not fall below
(this sinc this month will pull green candle)
2. This trend line is spike so this month
will be 28 range.
(after that will pull back to 50range )
3.ltc never reach 24 below this idea..
Last level 23
Previous year 26
Now except 33 ????
Thanks
Aslam
LTC/USD symmetrical triangle Past trading idea + 313%in an uptrend, a symmetrical triangle with a base of 100% has formed. The price is squeezed into a corner. There is a huge probability of a breakdown of the descending trend resistance of the triangle.
Past trading idea.
The entry point was shown (publication of the idea) just before the reversal of the downtrend. With the breakdown of the resistance of the big triangle, profit at the moment is + 313%
LTC / USD Main trend. Monthly schedule. Triangle. Pivot points.
Also note that in the Litecoin / Bitcoin trading pair, the price is close to the support of the horizontal channel of accumulation and historical lows of the price. Great potential.
Litecoin looking lowerLitecoin
Intraday
We look to Sell at 49.96 (stop at 52.06)
A bearish Head and Shoulders is forming. We look to set shorts in early trade for a further test of the fragile looking support. A move through bespoke support at 50.00 and we look for extended losses. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 44.02 and 41.01
Resistance: 55.00 / 58.50 / 74.00
Support: 50.00 / 44.00 / 41.61
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.
Litecoin sitting on ghost supportLitcoin has a grind down that hasn't stopped, this flush out is extremely necessary to find out where in the world there is support which is why somewhere between $10 and $2.50 is a good idea to dabble in. I don't know what this is other than a fork of Bitcoin but it's on CNBC and retail will probably pile in once it's cheap enough.
Litecoin looking towards the 61.8% Fib? Litecoin
Intraday
We look to Sell at 54.63 (stop at 55.69)
A bearish Head and Shoulders has formed. We have a 61.8% Fibonacci pullback level of 54.82 from 57.00 to 51.30. The hourly chart technicals suggests further upside before the downtrend returns. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 51.30 and 47.51
Resistance: 54.50 / 58.50 / 74.00
Support: 51.30 / 50.00 / 41.61
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.
LTC/USDT - Potential Short ScenarioHello Traders!
LTC price continues to move within the descending trend. The downside phase is nearing completion.
The culmination of the downward price formation will be the departure of the price under the support level of $39.30
We can consider medium-term purchases in the range of $29.50 - $39.30
Targets will be price levels of $63.00 and $83.00
Good luck, and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
#LTC/USDT TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
#LTC/USDT is lying on a very strong support level and RSI we can see some bullish diversion move
ENTRY: $50- $55
TARGET: 25%
SL- $47
LEVERAGE- 2X TO 5X
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
LITECOIN (LTCUSDT) the last chance (bottom) and the range marketHello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋