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Litecoinusd

Litecoin lagging behind but impulsive wave will follow very soonLitecoin has broken the daily descending structure so no more downside IMO.So If we consolidate above the market and don't go back into the structure we are totally fine. The probability of going upward is quite high compared to a downside option but we always stay cautious of the bitcoin move so if bitcoin doesn't ruin the show, Chances of Litecoin to make an impulsive move is very high, keeping in mind the last time bitcoin was above 10,000$, Litecoin was above 80$. So A 100$ Litecoin is on cards. Short term Targets are 70$ 84$ 120$ BINANCE:LTCUSDT
Long
by husnainashraf
3
Looking for the next Link right ? Hey guys, those who followed my previous analysis made quite a lot of profit. Especially on the latest Link Bull Run. Now we are looking for the next alt which will return similar size profits to us. When I check Litecoin chart, all technical analysis give sign for significant a bull run. Here are my thoughts below: Super Trend is Long in the daily time frame, The price is pushing up in 4hr time frame and about to break up the Ichimoku cloud There is a clear flag formation in daily time frame and close above 58.5 USD will break this flag up I expect a good bull run to new ATH after this break out. BINANCE:LTCUSDT #Litecoin
Long
by Crypto_Tech_Analysis
2
LTCUSD Update: Profit=69525 SL=6310 Reward/Risk > 11:1 Trade Setup summary: Profit targets=69525 pip (690+ 1230+ 1960+ 3060+ 4085 + 6070+ 7505+ 10280+ 15280+ 19365) Stop Loss =6310 pip Reward/Risk > 11: 1 Current Status: Total Profit: 7508 pip Closed trade(s): 1172 pip Profit Open trade(s): 6336 pip Profit Trade Setup: We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry method at 2020.07.25. Closed Profit: TP1 @ 50.65 touched at 2020.07.26 with 316 pip Profit. TP2 @ 56.05 touched at 2020.07.28 with 856 pip Profit. 316 + 856 = 1172 Open Profit: Profit for one trade is 54.53(current price) - 47.49(open price) = 704 pip 9 trade(s) still open, therefore total profit for open trade(s) is 704 x 9 = 6336 pip Technical analysis: . LTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 72. New trading suggestion: * There is still a possibility of temporary retracement to suggested support line (48.75). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the suggested support line (48.75). Take Profits: TP1= 50.65 TP2= 56.05 TP3= 63.35 TP4= 74.35 TP5= 84.60 TP6= 104.45 TP7= 118.80 TP8= 146.55 TP9= 196.55 TP10= 237.40 TP11= Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:LTCUSDLong
by ForecastCity
19
LTCUSD Update: Profit=69525 SL=6310 Reward/Risk > 11:1 Trade Setup summary: Profit targets=69525 pip (690+ 1230+ 1960+ 3060+ 4085 + 6070+ 7505+ 10280+ 15280+ 19365) Stop Loss =6310 pip Reward/Risk > 11: 1 Current Status: Total Profit: 7508 pip Closed trade(s): 1172 pip Profit Open trade(s): 6336 pip Profit Trade Setup: We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry method at 2020.07.25. Closed Profit: TP1 @ 50.65 touched at 2020.07.26 with 316 pip Profit. TP2 @ 56.05 touched at 2020.07.28 with 856 pip Profit. 316 + 856 = 1172 Open Profit: Profit for one trade is 54.53(current price) - 47.49(open price) = 704 pip 9 trade(s) still open, therefore total profit for open trade(s) is 704 x 9 = 6336 pip Technical analysis: . LTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 72. New trading suggestion: * There is still a possibility of temporary retracement to suggested support line (48.75). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the suggested support line (48.75). Take Profits: TP1= 50.65 TP2= 56.05 TP3= 63.35 TP4= 74.35 TP5= 84.60 TP6= 104.45 TP7= 118.80 TP8= 146.55 TP9= 196.55 TP10= 237.40 TP11= Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:LTCUSDLong
by ForecastCity
14
LTC/USDT: Daily Breakout Analysis 1D (Aug. 01)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Litecoin's daily chart in order to assess its breakout pattern and potential targets by identifying resistance zones and using the Elliott Wave theory. Analysis - To begin with, Litecoin has broken out of a bullish descending wedge formation, similar to EOS - Litecoin has been consolidating within this pattern for weeks before breaking out with immense bullish momentum - The Exponential Moving Average (EMA) Ribbon shows a golden cross as Litecoin broke out - Counting Elliott Waves, we can see Elliott Impulse Waves (12345) leading up to the descending wedge - Within the wedge pattern, it consolidated in Elliott Triangle Waves (ABCDE) - Having broken out from the pattern, it's anticipated that Litecoin would form bullish impulse waves once again - While the trend is extremely bullish, there are some concerns as well - Litecoin faces major historical resistance around 63.13 USDT - The Relative Strength Index (RSI) is also extremely overbought - The Moving Average Convergence Divergence (MACD) shows decreasing bullish histograms as it looks to potentially form a death cross What We Believe While the outlook on Litecoin remains bullish, based on current technicals, a small corrective wave is highly probable, considering the steepness of the rally. However, we believe that the bullish trend will remain intact, given that the degree of correction is not too severe. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
2
LTC/USDT: A Slow and Steady Uptrend 1H (Aug. 01)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Litecoin's hourly chart to assess its slow and steady uptrend, as well as significant support and resistance zones. Analysis - To begin with, Litcoin is trading within an ascending parallel channel - Prices are hovering above the 20 Simple Moving Average (SMA), which is located above the 50 and 100 SMA consecutively - There is strong support at 57 USDT, and 55.85 USDT - Given that prices remain intact within the ascending parallel channel, we could expect a continuation of the current uptrend. What We Believe Just as many other altcoins, Litecoin is on an extremely steady rally, looking to potentially break through new highs. Technicals on the shorter time frames show signs of a steady yet bullish trend. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
LTCBTC will tank again before sharp riseSomeone asked me if I could do an LTCBTC analysis, and here is my view. LTCBTC has been historically on the decline. Ever since LTC was created, it kept falling behind. At first it was the number 2 coin after bitcoin in marketcap, but it has been replaced by other coins. And since LTC unfortunately does not have very unique features, I think this trend will continue. So now that BTC starts its historic rise to 100-200k, what will that mean for LTC? We will see a small rise now, but as BTC really picks up steam later in the year and early next year, LTCBTC will tank again. LIke it did during the last two rallies. It will make new lows. I looked at the historic chart all the way back to 2012, in LTCBTC it just keeps getting lower and lower, unfortunate, but that's how it is. So now, we'll probably make a new low in the next 6-12 months, before the usual super sharp altcoin pump rise at the height of the bitcoin rally. Hope this helps!
Short
by SebastianofMoon
18
Litecoin: A story of boring accumulation Litecoin has by far been one of the worst coins this year. I am 100% sure that this will melt faces once this goes off, but not before it has eliminated everyone who lost patience with it. As you can see ever since the crash of March, Litecoin was the first to recover in the following few days which shows that there was more panic and investors jumped first to get hands on dirt cheap Litecoin. Ever since, we have just been juggling inside that Green Accumulation box. As I see it, any price within this box is golden, and once we break out of it we should eventually visit three targets: $64, $80 and $108. This represents fair value to me. Then we should see another round of boring accumulation or distribution which would enable us to judge what to do with our investment.
BITFINEX:LTCUSDLong
by TheDigitalStonks
LITECOIN BREAKOUT|STUCK IN THE RANGE? Litecoin has had its own breakout against the dollar, just as every other asset, as the DXY is falling like a rock. However, as this breakout is universal, that means that it is a sign of the dollar weakness, not a sign of any particular strength of any asset per se. That means that as soon as the dollar finds its bottom, Litecoin, having broken the resistance, might have a chance to get stuck in a range outlined on the chart. Currently, following the range logic, the decline might proceed till the first minor support. Then LTC either bounces to retest the resistance, or the support fails and we get to see how the green line stands. A possible long near the support line, a certain long at the green line, possible short at the red line. Always try to wait for a confirmation. Thank you for reading, like and subscribe and have a nice day.
KRAKEN:LTCUSDShort
by ProSignalsFx
2
Don't miss the great buy opportunity in LTCUSDMidterm forecast: . While the price is above the support 22.50, beginning of uptrend is expected. . We make sure when the resistance at 50.65 breaks. . If the support at 22.50 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. . While the RSI uptrend #2 is not broken, bullish wave in price would continue. . A trough is formed in daily chart at 41.30 on 07/16/2020, so more gains maximum to Major Resistance (50.65) is expected. . Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. . Relative strength index (RSI) is 67. Total Profit: 22 pip Closed trade(s): 0 pip Profit Open trade(s): 22 pip Profit Trade Setup: We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry method at 2020.07.25. Open Profit: Profit for one trade is 47.51(current price) - 47.49(open price) = 2 pip 11 trade(s) still open, therefore total profit for open trade(s) is 2 x 11 = 22 pip Take Profits: TP1= 50.65 TP2= 56.05 TP3= 63.35 TP4= 74.35 TP5= 84.60 TP6= 104.45 TP7= 118.80 TP8= 146.55 TP9= 196.55 TP10= 237.40 TP11= Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:LTCUSDLong
by ForecastCity
22
Litecoin (LTC) Reached At The End Of Triangle For Big Move SoonHey friends hope you are well and welcome to the new update on Litecoin. In my previous article we have seen that the LTC formed a bullish reversal BAT pattern and entered in the potential reversal zone. Now the priceline is moved up from the potential reversal zone and it has produced more than 12% rally so far. The priceline is bounced from the support of the channel: Since 16 July the priceline of LTC was moving sideways at the support of an up channel. After starting the bullish move from the potential reversal zone of BAT pattern the priceline has also bounced from the support of this up channel and likely to move up to the resistance of this channel that is almost at $50. If we switch to the weekly chart then it can be seen that the price action is moving in a very big descending triangle and it is being rejected by the resistance of this pattern since Feb 2018. After being rejected in the month of Feb 2020 the price action has again bounced from the support of this triangle and moving sideways. If we take a closer look on the chart after placing the volume profile indicator then the price action is moving around a point of control of volume profile. Now if it will be continuously moving around this point of control level then priceline of Litecoin can leave the triangle without breaking out or breaking down. However, after leaving the triangle priceline of LTC can use the resistance of the triangle as support as it will be above the resistance level of this triangle. And after successful re-test it can start a big upward move. Conclusion: On the daily chart the price action has moved up from the potential reversal zone of a harmonic pattern and also took bounce from the support of an up channel. Therefore there are more chances that the priceline of Litecoin will breakout the resistance rather to break down the support. However, we can use the support of the up channel on daily chart as stop loss because if it will be broken down then the price action can move more down to re-test the support of the triangle that has been formed on the weekly chart and that support is at $33.5.
COINBASE:LTCUSDLong
by moon333