It has been a breakout of the triangle if it closes above the upper triangle volume with a four hour candle, meaning that it will continue rising. Stay Alert .
Chart speaks the words
there is no doubt that litecoin gonna break the 100$ in jan and even more and more higher but till the mid of dec. we will see a red litecoin... supports and resistance areas are listed on the chart... trade safely , good luck
LTC_USD has reached a confluence of resistance lines The horizontal level and the wedge resistance. I expect at least a local pullback To retest wedge support If the wedge breaks, it will fall further down. Short! Like and subscribe to never miss a new idea!
At an important level, if we can reclaim 55.50ish on weekly I'll look for swings.
Script settings for 8H timeframe: · Signal calculation type - "open" -TP for Long - 40% -SL for Long - 5.5% -TP for Short - 25% -SL for Short - 5%
Long on daily with my swing trading indicator active from 52 usd, now ltc is going to break and possible short term target is 82-84 usd.
At D1, the cloud is directing upward, indicating an uptrend. The RSI moved down to the level of 50 and the price found support on the Ichimoku cloud. At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe. Besides, you can see how the Falling Wedge Pattern is being formed and RSI is at the oversold level, which indicates the...
LTC Reversal..Now Testing Resistance as Support..Still a big resistance to Break. i will add more on flipping that resistance
Potential head and shoulders on four hour time frame, could short around 58 which would form a double top with targets around 58-52
bearish divergence on a 4 hour is enough for me to start ;looking for a quick short scalp
Litecoin has had its own breakout against the dollar, just as every other asset, as the DXY is falling like a rock. However, as this breakout is universal, that means that it is a sign of the dollar weakness, not a sign of any particular strength of any asset per se. That means that as soon as the dollar finds its bottom, Litecoin, having broken the...
LTC has formed a diamond pattern setting up for a trend continuation or reversal of over 5% from either APEX. LTCUSD is now trying to hold on to support at $42.05 and is now testing the lower diamond trend line. Upon breaking the trend line followed by a confirmation of a break of the diamond apex a move of 7% downward to just above $39.05 should complete. A...
🤔 Not much price action has changed on litecoin since we last did an analysis on it. We currently still sit below what use to be old support. It is critical that litecoin can reclaim with a move up here. Notice that we have the candles Squeezing on the Crossover strategy. Would Emma dots are showing signs of it wanting to go for a buyers market. Would like to...
If we were to zoom in on the weekly for litecoin we would see a lot of doji rejection off of old support as Resistance. The 2 week is still red across the board, even on the ema dots. My main concern is that the pennant has broke. If we fail to push up we could see a strong sell off. If sell off occurs next place to look for is horizontal support on lows in...
#LTCBTC TA Update: Current Price is 0.005365 BTC. #LTC Now trading at Strong Support Level. If Bounce from this Support Level then I can expect 20-30% profit from Here but if loose this strong support level; Then Ready for another 20-30% drop. I opening long with Tight SL. I wil close my Position If LTCBTC price Drop bellow 0.0050 BTC. Guys don't gambling with...
Hello everyone welcome to this update. I'll keep it short. LTC Just broke out of the falling wedge channel which is bullish in nature We are witnessing a perfect retracement on the resistance turned Support trendline. We can take a safe trade here. #LONG ENTRY: 0.005905 TO 0.005915 TARGET: 1. 0.006054 2. 0.006120 3. 0.006206 4. 0.006285 STOP LOSS:...