Litecoin Falling Wedges, LTCUSDLitecoin has entered a mini down move, within a falling wedge
Falling wedges however tend to break out aggressively to the bullish side once completed, as shown in the green box of the first wedge
It is just a matter of time before the more recent wedge breaks out to the upside and pattern completion occurs
Ltcusdlong
Litecoin Short Term Uptrend?LTCUSD - Intraday - We look to Buy at 103.39 (stop at 99.97)
Preferred trade is to buy on dips. There was little net movement as we continue to consolidate within the 110.00 - 115.00 range. The trend of higher lows is located at 102.00. Previous support located at 100.00. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 115.71 and 118.31
Resistance: 115.00 / 120.00 / 132.00
Support: 110.00 / 100.00 / 90.00
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 - The Reversal Is Here 🎯Litecoin has been treading down for a long time. could It be time for bullish reversals at this major demand?
We tested the demand once but it was insignificant, I would like to see a deeper push followed by a structure break so I can consider the shift to long term buys.
The ideal entry area would be around 86, however, this is a higher risk entry.
It would be safer to wait for a break of 140 followed by retracement so we can join the buyers.
Good luck traders!
Litecoin to Retest Support? LTCUSD - Intraday - We look to Buy at 122.47 (stop at 117.34)
We look to buy dips. Choppy price action seen. Previous resistance located at 132.00. Buying continued from the 50% pullback level of 120.73. We look for a temporary move lower.
Our profit targets will be 141.06 and 145.15
Resistance: 132.00 / 142.00 / 150.00
Support: 125.00 / 120.00 / 115.00
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- Buy dips for good R:RIn my previous Litecoin analysis I said that after finding a strong floor around 100 figure, Litecoin can rise and challenge 120-125 zone resistance.
Indeed, after breaking above consolidation's resistance at 116, LtcUsd accelerated its gans and reached 130 zone, above the mentioned target.
Now a small correction seems to be on cards and this can be a good opportunity to open long trades.
Bulls can target the next resistance at 140 and a drop under 120 would negate this scenario
#LTCUSDT 3 Day Important Technical AnalysisLTC broke the $140 support level.
Lower buy range which also happens to be the resistance turned support levels is in the range of $71 to $84.
Not interested to buy here.
If you are holding long, Place SL around $92 and take profits above $118.
What's your thought on this?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
Litecoin can rise 15-20%Litecoin held pretty well during yesterday's selloff and the coin couldn't drop to make a new low, instead confirming that bulls are very strong under 100 figure.
At this point, we can speculate that a double bottom is forming on short time frames, with the neckline at around 110.
In my opinion, dips towards 100 should be bought and, with the pressure lifted from the sell-side in the crypto market, a break above the neckline is very probable.
Short term traders can target 125 resistance for their buy orders and negation comes with a drop under 95
LTC/BTC 4HOUR UPDATEWelcome to this quick LTC/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- LTC/BTC Triangle pattern create to buy the dip and retest green zone
Entry:- buy green zone
Traget:- 20% to 25%
Stop loss:- 21MA Yellow line downside candle close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Litecoin: Buying the Retest of Support LTCUSD - Intraday - We look to Buy at 144.39 (stop at 140.30)
Preferred trade is to buy on dips. Previous support located at 145.00. The bias is still for higher levels and we look for any dips to be limited. Intraday signals are bullish. Further upside is expected although we prefer to set longs at our bespoke support levels at 145.00, resulting in improved risk/reward.
Our profit targets will be 158.85 and 163.30
Resistance: 155.00 / 160.00 / 165.00
Support: 145.00 / 140.00 / 135.00
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.
Why you should have a position in LTCUSD LTC has solid fundamentals and would function well in a crypto driven society
Especially in retail environments
As you can see price has returned from its peak to a low of about $40 during the bear cycle
Recently since the bull market has begun, price increased sharply up to ~300-400 and has slightly retraced, this is the first move, in a larger bull market.
Also based on where price is situated, and history showing previous highs acting as support levels.
Litecoin is one of the first coins I got into. Lets see how high it goes.