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.
LTCUSD
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.
LTC: Buy dips!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
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP: If we break we sell!!XRP
Intraday - We look to Sell a break of 0.4338 (stop at 0.4471)
A break of yesterdays low would confirm bearish momentum. Short term MACD has turned negative. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals are bearish.
Our profit targets will be 0.4001 and 0.3911
Resistance: 0.4650 / 0.4800 / 0.4900
Support: 0.4500 / 0.4350 / 0.4150
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
#Litecoin Printing Higher, LTC Buyers May Reclaim $55Past Performance of Litecoin
Litecoin is overly within a bearish breakout formation, syncing with the general trend set in motion by Bitcoin. At spot rates, there is a welcomed revival. However, LTC prices remain in a trading range, bound inside a $5 range with caps at $50 on the lower end and $55 on the upper end.
#Litecoin Technical Analysis
As mentioned earlier, Litecoin is within a bearish formation, and buyers have yet to put a brake on the downtrend. Even though there are attempts, the failure of LTC prices to break above the $5 consolidation above $55, or even $65—marking September 2022 highs, place bears on the upper hand. Nonetheless, Litecoin remains within a broader uptrend. Yesterday's bounce from around $50 flashes with the 61.8 percent Fibonacci retracement level. A build-up from October 3 gains, lifting LTC above $55 may be the anchor for the next leg towards $65. On the flip side, losses below $50 cancel this bullish preview, possibly leading to a sell-off towards $45.
What to Expect from #LTC?
Litecoin is within a bearish formation, consolidating at spot rates. However, the trend could change if LTC expands above $55, building on yesterday's gains. Triggers may include a recovery in the broader crypto markets, especially BTC.
Resistance level to watch out for: $55
Support level to watch out for: $45
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTC: Litecoin
Intraday - We look to Sell at 55.35 (stop at 56.51)
Bespoke resistance is located at 55.00. We are trading at oversold extremes. We look for a temporary move higher. Preferred trade is to sell into rallies. 55.54 has been pivotal.
Our profit targets will be 52.41 and 51.41
Resistance: 53.00 / 54.00 / 55.00
Support: 52.00 / 51.00 / 50.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Trading opportunity for LTCUSDTBased on technical factors there is a Short position in :
📊 LTCUSDT Litecoin
🔴 Short Now 51.80 or by Breakout
🧯 Stop loss 57.20
🏹 Target 1 48.00
🏹 Target 2 44.44
🏹 Target 3 40.40
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Litecoin at oversold extreme.Litecoin - Intraday - We look to Buy at 52.02 (stop at 50.59)
The trend of higher lows is located at 52.00.
We look to buy dips. We are trading at oversold extremes. Buying posted close to the previous low of 51.02.
Our profit targets will be 55.39 and 56.39
Resistance: 54.00 / 56.00 / 57.50
Support: 53.00 / 51.50 / 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
LITECOIN LTC price may double as early as the end of 2022 While the BTCUSDT price was close to renewing the 2022 low, the LTCUSDT price stopped its decline 20% above the June 2022 low.
Looking at the trading chart of the LTC price, it can be assumed that there is now an accumulation of a long position in the range of 50-65 dollars.
The result of such accumulation can be a shot of the Litecoin price to at least $96, and in the best result to $136
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LTC Time for a pump? Hi Traders,
Noticed LTC the other day had quite a flat chart compared to most top alts, no short squeeze yet/reset pump.
Upon further looking into both the USD & BTC LTC pair charts it looks possible whales are done with dumping on LTC as highlighted on the BTC pair, a sign MM has stopped selling LTC for BTC and anticipates LTC will now be the better preforming coins in short term.
So i have gone long LTC @ 52
Entry range $52-54
SL $51.5
Target zone is yet to be fine tuned as we need to see how violent the initial show of strength is/if any. $75-$90 is likely the max target however.
Good luck,
Asset Mastery
LTC Time for a pump? Hi Traders,
Noticed LTC the other day had quite a flat chart compared to most top alts, no short squeeze yet/reset pump.
Upon further looking into both the USD & BTC LTC pair charts it looks possible whales are done with dumping on LTC as highlighted on the BTC pair, a sign MM has stopped selling LTC for BTC and anticipates LTC will now be the better preforming coins in short term.
So i have gone long LTC @ 52
Entry range $52-54
SL $51.5
Target zone is yet to be fine tuned as we need to see how violent the initial show of strength is/if any. $75-$90 is likely the max target however.
Good luck,
Asset Mastery