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LTCUSD

Litecoin: Upcoming Price ActionHello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD). The Litecoin chart is on a weekly basis to show the life cycle of Litecoin on this chart. Price was around $200 in December 2021 when I started sharing my concerns with the crypto market. I hope you took that advice seriously at that time, as Litecoin is now around $50-$55! The current price has broken below the S/R 1 line with potential to test S/R 2 line. Fibonacci Retracement shows the Golden Ratio (1.618) around the lowest level of support (see chart). On the positive side the Litecoin price has potential to resemble a prior cycle pattern move which could push the price higher. I don't want to get too excited yet as the Volume is decreasing however MFI seems to be moving higher. RSI has the chance to move back up to test the S/R line. Read the chart carefully as there are a lot of notes on the chart. Lastly, this is the weekly chart so have patience! Included: Fibonacci Retracement, RSI, MFI, Ichimoku Cloud, and 200 SMA, Volume, Volume Profile (VPVR). If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
KRAKEN:LTCUSD
by MillionaireEconomics
2
#Litecoin Bulls Firm but Capped below $58 and the 20-day MAPast Performance of Litecoin Litecoin is surprisingly firm, gauged from its performance in the daily chart. After steep losses at the tail end of last week, Litecoin bulls flew back, propelling the coin higher over the weekend. Presently, LTC is in the green territory in the past 24 hours and looks likely to reverse the losses of August 26. #Litecoin Technical Analysis LTC is up roughly seven percent from 2022 lows and in green in the past 24 hours. Even so, the coin is within a bearish breakout formation and trading below the flexible resistance line marked by the 20-day moving average. Immediate trigger lines are at $58 and $60, at around the August 19 high. On the lower end, dips below last week's lows at $51 may see LTC post more losses. Risk-aggressive traders may unload on every attempt higher with sights set at $50, or lower, as they trade with the primary trend. On the reverse side, conservative traders may wait for a clean drop, preferably with rising trading volumes, below $50, targeting 2022 lows at $40. What to Expect from #LTC? The coin is firm at spot rates. Depending on how prices react in the immediate term, August 26 losses may turn to be climactic if prices edge higher, breaking above $60 with expanding volumes. Conversely, Litecoin may swing back to trend if there are sharp losses, diffusing the bullish momentum posted over the weekend. Resistance level to watch out for: $58 Support level to watch out for: $51 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
Litecoin looking brighterLitecoin Intraday We look to Buy at 56.26 (stop at 55.05) Daily signals are mildly bullish. 56.00 continues to hold back the bears. We look for a temporary move lower. Prices expected to stall near trend line support. Further upside is expected although we prefer to set longs at our bespoke support levels at 56.00, resulting in improved risk/reward. Our profit targets will be 59.00 and 60.00 Resistance: 59.00 / 64.00 / 96.00 Support: 56.00 / 44.00 / 28.00 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.
LLong
by Saxo
Jamie Gun2Head - Selling LitecoinTrade Idea: Selling Litecoin Reasoning: At key 50 day and 50 4 hour moving average - looking for sellers to win the fight Entry Level: 57.05 Take Profit Level: 52.88 Stop Loss: 58.06 Risk/Reward: 4.13:1 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
Selling rallies in litecoinLitecoin Intraday We look to Sell at 57.84 (stop at 59.89) Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 58.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 53.07 and 52.00 Resistance: 58.00 / 70.00 / 100.00 Support: 53.00 / 40.00 / 20.00 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.
LShort
by Saxo
1
LTCUSD Potential for Bearish continuation| 23rd August 2022On the H4 chart, prices seem to be respecting the bearish trend however, we're looking for a short term sell entry at 57.56 where the 38.2% retracement sits and also it fail to break this level the past few candles. our take profit will be at 52.01 where the previous swing low sits and stop loss will be at 61.53 where the previous swing high sits Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COINBASE:LTCUSDShort
by Rockqet
1
Litecoin: Support could prove difficult to breakdownLitecoin - Intraday - We look to Buy at 50.04 (stop at 46.94) Follow through bearish momentum from 56.00 resulted in net losses. Horizontal support is seen at 50.00. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 57.91 and 60.00 Resistance: 58.00 / 80.00 / 140.00 Support: 51.00 / 46.00 / 42.00 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.
LShort
by Saxo
1
Crtical levels for $LTC - Weekly Chart$LTC is in the bear market since May 2021. Local resistance line tested but not broken. There is a change $LTC might go to $41 in the coming months. Also in case of a prolonged crypto bear market or significant sell-off it might hit $25 level. Price range between $41 and $25 is a great accumulation level to buy at. At the chart you might also see Accumulation level 3 which is around $3 per coin. It probably will never go this low but just to keep in mind that it was a accumulation range for quite a long time. This idea is primarily addressed to mid/long-term investors not a leverage traders. Not a financial advice. Good luck!
KRAKEN:LTCUSD
by elefante