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Ltcusdlong

Litecoin Playing Games. (LTC)The best buy signal will be when we break the downward green Resistance. That's where we get interested for long term as the weekly is starting to show a turnaround to the upside but still very early and not green yet. We cracked the red upward support and now have bounced into an area where Resistance sits from old support. Has wiggle room to go around 54$ but it would have to move along the Resistance to get there. If all S&R holds it might be possible to see a drop to the $23-$25 previous low level. If you pull up ltcbtc you will notice that we have a potential double bottom but currently formed under Resistance. I say place buy limit in mid 20s in case of a drop. See if we can build some accumulation Will update on the weekly close as btc pair approaches this double bottom on btc pair Not aggressive on this one just yet. Let it breathe. Have an awesome day!
COINBASE:LTCUSD
by UnknownUnicorn2319099
2
LTCUSD - INTRADAY - 20. APR. 2020Welcome to our daily trade setup ( LTCUSD )! - 1 HOUR Price moving above our main sr level. 4 HOUR Overall bullish market in a small pullback right now. OVERALL Expecting some more pressure shortly, good long entries! - CRYPTO INTRADAY BUY LTCUSD ENTRY LEVEL @ 43.610 $ SL @ 41.560 $ TP @ 44.100 $ Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
BITFINEX:LTCUSDLong
by DACapitalTrading
6
LTCusdt local movement (LONG)Everyting on the chart. 2 scenarios but both long. locally we are moving in the channel, 2 areas for profit taking, I would fix most part of the deal in the area of ~48$ coz it's may be complexity correction. If we go to area ~52-54$ on my estimation an impulse will be confirmed, there we fix the rest of the position and wait for the correction of the whole movement. Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing.) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate. Also open to your suggestions.
Long
by trytofeelpositive
2
Low probability, high reward, low risk LTC / USD set upShort term resistance level on the 1D has been hit and has acted as support, with the 25 MA also adding support at the same level. There has been a large sell of recently of LTC / USD and one would expect a bounce here. A trend of repeated higher lows also adds confluence and a level of support, so a bounce seems imminent. There are no strong resistance levels near to this level, so the potential upside may be larger than the first level indicated. Entering Trade here.
KRAKEN:LTCUSDLong
by CharlieTrout
LTCUSD forming bullish Shark | A good long opportunity aheadFormation of new Shark pattern: On short term hourly chart the price action of Litecoin is forming bullish harmonic Shark pattern and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Shark pattern should be: Buy between: $41.14 to $40.69 Sell between: $41.66 to $42.70 Stop Loss: The potential reversal zone area which is up to $40.69 can be used as stop loss in case of complete candle sticks closes below this level. Possible profit and loss ratio: As per above targets this trade has the profit possibility of 4.93% and as per above mentioned stop loss, the loss possibility is 1.1%. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
COINBASE:LTCUSDLong
by moon333
2
LTCUSD has completed bullish setup for big bullish rallyA powerful bullish signal 2nd time appeared in history of LTC: In June 2016 there was first time in the history of Litecoin the 50 simple moving average crossed up the 100 simple moving average on weekly chart. And this golden cross produced really very powerful bullish rally upto 8000%. This year in Feb 2020 second time in the history we have received the same strong bullish signals that the 50 SMA has formed the golden cross with 100 simple moving average but there is some difference between the both golden crosses. When the 50 simple moving average formed the golden cross with 100 SMA in 2016 at that time this cross was formed beneath the price action therefore the candlesticks did not have the resistance of 50 and 100 simple moving averages above them. But this time the golden cross has been formed above the candlestick therefore we the priceline had a very strong resistance of these two moving averages and eventually the price action could not break out this resistance level and dropped down again. But there is a very strong positive sign that so far the 50 moving average did not form a death cross with the 100 simple moving average and both simple moving averages are moving sideways. But if the 50 SMA will again form a death cross with 100 simple moving average then it cannot produce very strong bearish trend because the distance between the both moving averages is very low. If 50 SMA would be coming from the long distance and form the death cross with the 100 simple moving average then it could produce very disasters bearish rally. In 2016 the golden cross formed beneath the candlesticks Current golden cross formed above the candlesticks and working as resistance Second strong bullish signal: There is another very strong bullish signal is appeared on very long term monthly chart. And that is the priceline of Lite Coin is hitting at 50 simple moving average support second time in the history of LTC. Even though this month we have is very strong long bearish candlestick but if we see the momentum indicator then it is still turning bullish and ignoring this bearish trend. And the stochastic has given bull cross from very close to oversold zone area. Before this the price action has touched the 50 simple moving average on this monthly chart in December 2018 and after that we have witnessed a very strong bullish rally up to 563%. Therefore if price action will be able to cross up the resistance of 50 and 100 simple moving averages on weekly chart then we can witness same kind of bullish rally again. A big descending triangle: Now I am switching back to the weekly chart. And here we can see that the price line of LTC is moving in a descending triangle. The price action was entered in this triangle on May 2017 and at this time we can observe that the price line has reached very close to the support of this triangle and moving up now. If we more closely observe the priceline then it can be clearly seen that this time the priceline is not able to hit at the support even though it was moved very close to the support. And the reason is that when the priceline had hit the support in the past at that time the Bollinger bands was also at the support of the triangle but at this time the bollinger bands is above the triangle and there is distance between the bollinger bands and the triangle support. Therefore the bollinger bands has stopped the price action to reach up to the support. I've also placed the volume profile on the complete price action moving within this triangle and as a result we can see that the trader’s interest is up to the support and that is bit critical but the point of control of this volume profile is at $61.5. Therefore tere are strong chances that soon the priceline will be pulled back to the POC level of the volume profile. After that there are also chances that priceline will again make another attempt to break out the resistance of the triangle. We can also see that at this time the triangle is quite squeezed and the movement of the price line is also getting quite narrowed and this is the decision making for the Litecoin’s priceline whether it has to break down or break out. Formation of harmonic Crab a bullish reversal signal: If we switch to the smaller time period 2 day chart then it can be clearly examined that at the support of this descending triangle the priceline has formed a bullish Crab pattern. The priceline has just hit the spike in the potential reversal zone of this Crab pattern and turned back and entered in the Fibonacci projection area of A to D leg between 0.382 to 0.786 Fib projection. But I am expecting that this pattern will be helpful for the price line to move up even the priceline can cross up the 0.786 Fibonacci protection level. And once it will be able to cross up the 0.786 Fib projection then it can use this level as support and make a powerful attempt to have a break out from the descending triangle’s resistance. Conclusion: All indicators chart parent and signals are in favour of bulls rather bears. Therefore there are less chances that priceline will break down the support of the descending triangle. So we should be ready for big profit gains. But the support of triangle should be used as stop loss because if this support will be broken down then there can be power bearish move. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
COINBASE:LTCUSDLong
by moon333
6
LTC LONG TERM BUYDear Gamblers, I am expecting one leg down still, but LTC looks to me ready to buy on the long term. There is a triangle forming on the larger timeframes and in my opinon is an asset way oversold with actual fundamentals to be used. I will not go leveraged instead i will buy on spot market. If in the coming weeks, ltc does not reach this point, i will reasses. If in the coming weeks, ltc crosses the 17 stop loss limit, i will reasses. (Note that will mean that the triangle did not play out). This is not a trading strategy, rather, this is actual investing for 1 to 2 years. STRATEGY LIMIT BUY @ 25.30 USD MANUAL STOP @17 USD Positioning 20% Thanks a lot for reading, Happy trading, BeniGo. ***I am not your financial advisor neither I intend to be, do you own research before risking your money***
KRAKEN:LTCUSDLong
by BeniGo
2
LTCUSD forming bullish Crab | For a big bullish moveHi Folks hope you are well, here I have found another profit potential trading idea and this time on 2 day chart the Lite coin (LTC) is forming bullish Crab pattern, we need some more drop and then soon it will be entered in potential reversal zone to move up. Let’s dig this pattern deeper to examine how perfect this pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.328 to 0.618 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) should be retraced between 1.27 to 161.8 Fibonacci then the priceline will be ready to take bullish or upwards move. Buying And Sell Targets: The buying and sell targets according to harmonic Crab pattern should be: Buy between: $22.75 to $5.83 Sell between: $35.88 to $67.63 So this trade has up to 162% big profit possibility. Stop Loss: The potential reversal zone area can be used as stop loss in case of complete candle stick closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
COINBASE:LTCUSDLong
by moon333
1
LTC BUY ZONE 49-51.50Hi guys! There are few buy zones in the chart you can see. I have tried to buy at first BUY ZONE and gave recommendation in my previous idea. But then I have closed the deal with aim to buy LTC in next demand zone. All recommendation you can find in idea from 21 Feb. So I put buy order at 50.75 and it is in work! Don't forget to use stop orders. Hope my point of view of the market situation was or will be helpful for you! If you want me to do analysis one the coins you trade give me to know. You can comment or write me a message. Trade in profit!
KRAKEN:LTCUSDLong
by NikitaBlock
2