LTCUSD
LTC/USDT AnalysisLTC Analysis
This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
So let's see how the market reacts in the coming days.
This chart is likely to help you in making better trade decisions
I am not a market maker I could be wrong.
Everything is on the chart.
Everything Depends On BTC Movement
Thank you
LTC weekly projection for 2021Some chartists are claiming that LTC on HTF is forming a cup and handle. This is hard for me to see because the bottom of the cup is jagged. It is more fitting that price action is following harmonics and channels which I denoted.
This idea follows a previous idea that $67 LTC is possible.
Currently it seems price is bound in a descending channel which many claim is the handle of the cup and handle formation. The cup and handle will give a measured move to $800 I claim that LTC will reach anywhere between $1000 to $2000.
LTCUSD ❕ delistingsLitecoin has broken the downward channel.
The price is down after information about delisting from some exchanges after the upgrade.
LTC ignored the TD Sequential reversal signal (4H TF)
Price in the oversold RSI zone (4H TF)
I expect that if price returns to the channel, LTC may rebound.
Litecoin ready to drop!!Litecoin
Intraday - We look to Sell at 60.68 (stop at 62.08)
Preferred trade is to sell into rallies. A mild correction has been posted from yesterdays low, this is seen as a retest of the breakout level. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today.
Our profit targets will be 51.94 and 49.10
Resistance: 61.00 / 70.00 / 74.00
Support: 58.50 / 51.00 / 40.00
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.
Litecoin Redemption Is An Impulse Away Litecoin could be a surprise performer for the crypto market in the days ahead. Regulation could push capital away from most other altcoins, while Litecoin gets a seal of approval that final gives it a spark. This expanding ending diagonal fits the theory extremely well.
LTC why $68 is possibleBroke down from a three month long rising wedge, and rising widening wedge. The rising widening wedge has a measured move to $64-$68 which is confluent with multi-year rising wedge support.
It is now apparent that market makers registered a new ATH, to grab liquidity from 2017. It is usual that liquidity grab is followed by a drop. It is quite fascinating that there are ask orders from 2017 still around 4 years later.
The drop in price will take the monthly RSI to touch multi-years support, imo. I envision afterward a major bullrun to 1.9k.
LTC: The bears were always lurking?!Litecoin
Intraday - We look to Sell a break of 62.54 (stop at 64.80)
The primary trend remains bearish. Sentiment remains negative despite the pull-back higher in prices. A break of 62.54 is needed to confirm follow through negative momentum. The AB=CD formation target is located at 56.00.
Our profit targets will be 56.10 and 54.00
Resistance: 64.30 / 68.00 / 73.50
Support: 62.00 / 56.00 / 40.00
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.