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3X Long Litecoin Token / USD Tether

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LTCBULLUSDT trade ideas

LTC: Pullback in UptrendLitecoin (LTC) technical analysis: Trade setup : Break above $90 had failed to hold up and price broke back below this key leben and is approaching a support zone around $80 and 200–day moving average, which could be an attractive swing entry. Trend : Downtrend on Short-Term basis, Uptrend on Medium-Term basis and Neutral on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, then $105.
Long
by altFINS
LTC short - swing trade Been in this short since 90.50$ and taken some as on the SOL trade (linked idea). Stop at BE and waiting for a retest to compound. We have broken the lower range and are currently retracing. Will look to open shorts at a deviation of 88.62$ (if there is enough momentum). Clean reclaim and we will look to short higher. TP 80$ TP 72$ TP 60.60$ SL above 90.45$ if you enter at market (within now and the next 1H) or above 93.75$ if you enter after the deviation. Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707