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LITECOIN trade ideas

LTC still looks correctiveBack on December 26, I said that my corrective target for LTC was around $90 and we've basically been moving up ever since then. We are nearing the wave 4 target, meaning a wave 5 should be coming. There's a simple trade setup here. You can short a move into $90 with a stop loss at the low on February 24 at $91.50 - Violation of that 91.50 area will weaken my bearish stance. I have to acknowledge (and you should, too), the red and white wave which are the highest timeframes on the WaveMaster indicator. We've only been in oversold for the red and white 3 times and each time led to a large increase in our good friend Litecoin. This is the only reason why I am cautious here. Could we see a bigger move up from here? Possible. From an EWT perspective, we should make another low and head back to $20-$30 at some point. That is where I'd be interested in buying long term. It could take longer to get there than you'd think.
COINBASE:LTCUSD
by bitdoctor
Litecoin shooting to $125.80 next thanks to a Cup of Tea?Well this has come to a surprise. We have our first LONG crypto trade line up for the year. Litecoin has formed a Cup and Handle over the last few months and recently has broken up and out of the brim level. The Moving Averages are looking perfect as 7>21>200 SMA. RSI is also above the 50% and broken above the negative divergence which is bullish. My first target is $125.80 Interesting facts: Litecoin is a cryptocurrency created in 2011 by Charlie Lee, a former Google engineer and is known as the "lite version of Bitcoin. It has a faster block generation time and a different hashing algorithm which is 2.5 minutes, compared to Bitcoin's 10 minutes. Unlike Bitcoins market cap of 21 million, the total supply of Litecoin is 84 million. It also falls in the top 10 cryptos - which considers it a safer investments than the others. Litecoin has been used as a testbed for Bitcoin's proposed upgrades and features, such as atomic swaps and the Lightning Network.
OANDA:LTCUSDLong
by Timonrosso
2
Joe Gun2Head Trade - Swing failure on LTCUSDTrade Idea: Selling LTCUSD Reasoning: Swing failure Entry Level: 83.04 Take Profit Level: 77.94 Stop Loss: 84.45 Risk/Reward: 3.37:1 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.
COINBASE:LTCUSDShort
by Signal_Centre
4
Litecoin- Where to buy for 100 target?In my video from Sunday and yesterday, in my outlook for Bitcoin, I said that I've become bullish crypto market. Litecoin is not an exception and, in fact, I'm bullish on this coin since November when I first bought it at 50. My target for this coin remains 100 zone and with the price facing resistance at this moment, a correction could follow. This correction could offer us a good buying opportunity and 75 could be a great place considering a stop loss under 65.
BITSTAMP:LTCUSDLong
by Mihai_Iacob
23
LITECOIN 2021 Bullish SetupAt this point, im still bullish on Litecoin, more so because its history has been some of the best gains at the end of a bull market i've seen in any other coin. Not only is this coin the best Crypto out there, its still the most under valued and I think Litecoin will reclaim that throne in the future. Look out for Prices above $1,000 on the Bull run, but if you short at $1000, I am confident you will sweat. Litecoin is the silver to Bitcoin's gold and has an amazing team behind it. The founder has claimed Litecoin as "His baby" and he is still working on making it better. Once Bitcoin prices rise to higher values, investors will start looking at Litecoin more and more. I am confident that the Litecoin price will reach 10,0000 usd by the year 2030. This coin is a must have and proven time and time again that its still the best crypto out there. Not even once has the network gone down but ETH and BTC have had blackouts before... but not Litecoin. Chikun take off target can not be ANY lower than 107-111usd this year. LTCBTC is due to breakout this year so that should send once again LTC to the final target. TP Bull targets below TP MIN 1000 usd TP 1 = 1200 usd TP 2 = 1405 usd TP 3 = 1680 usd
COINBASE:LTCUSDLong
by CryptoToTheFuture
15