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LITECOIN trade ideas

Is it time to sell LTC as death cross just occured?As you may already know, a "death cross" occurred on the LTC/USD chart on June 19th, 2021. This is a technical analysis term that refers to when the 50-day moving average crosses below the 200-day moving average, indicating a potential trend reversal to the downside. This is not something to be taken lightly, as it could be a sign of further losses for LTC in the coming weeks and months. As investors, it is important to be aware of these indicators and make informed decisions about our holdings. Therefore, I am urging you to consider selling your LTC holdings currently. While it may be tempting to hold on and hope for a rebound, the death cross is a strong warning sign that should not be ignored. Of course, it is ultimately up to each individual to make their own investment decisions. However, I believe it is important to share this information with the community and encourage everyone to take a cautious approach.
BINANCE:LTCUSDShort
by bryandowningqln
✴️ Litecoin | Recovery Or Fail? Consider The Bigger PictureThe main chart above is indeed what we are seeing... But weakness abound or at least the feeling of weakness and doubt is in the air. Maybe because it is Sunday? Or because we will see a crash tomorrow? Recovery or fail? Here is the fail version of this chart: To be honest, everything goes but many Altcoins already went through the "fail" pattern, the lower low. The weak ones already went lower, some broke even their June 2022 low/support. The strong ones remain high, in this case a higher low compared to the March 2023 support. We are open to all scenarios but the chart remains bullish for Litecoin as long as it trades above its March 2023 low/support. That is short-term. The bigger picture is clearly up. Namaste.
CRYPTO:LTCUSDLong
by AlanSantana
11
⚡️LTCUSDT analytical review⚡️Medium-term, the instrument is in a downward trend 📉. The current market strength on a scale of zero to one hundred is 26.1. Selling 🔽 is recommended. Locally, there is also a tendency towards decline, as the instrument is trading below the last upward channel, indicating a resumption of medium-term decline. Speculatively, in the current situation, selling 🔽 is also recommended. A good point for opening a short position will be the lower boundary of the channel, which is currently at 90.24. In case the price returns inside the channel and consolidates above this value, it is possible to make speculative purchases 🔼 with the goal around the upper boundary of the channel, currently at 94.21. A change in the medium-term trend to an upward one can be discussed when the price is fixed above the level of 91.2.
BINANCE:LTCUSD.P
by FinTechMe
2
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 91.11 (stop at 89.11) The bullish engulfing candle on the 4-hour chart the positive for sentiment. Expect trading to remain mixed and volatile. The bias is to break to the upside. A break of yesterdays high would confirm bullish momentum. Daily signals are mildly bullish. Our profit targets will be 96.11 and 97.11 Resistance: 88.00 / 90.00 / 91.08 Support: 86.89 / 85.37 / 84.00 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.
VANTAGE:LTCUSDLong
by VantageMarkets
1
✴️ Litecoin's Long-Term Potential RevealedShort-term we can see some swings and shakeouts but when we look at the bigger picture Litecoin has been growing since June 2022, for an entire year. A similar situation we had back in 2020 when Litecoin grew for almost a year before a very strong bullish market, this is the consolidation phase. See the chart, we have long-term higher lows and the consolidation leads to a bull market, plain and simple. The growth phase that is not something small but big, long in duration, years of growth. Thank you for reading. Make sure to follow for more Altcoins & Bitcoin. Namaste.
CRYPTO:LTCUSDLong
by AlanSantana
3
LitcoinerZ trap beatsBINANCE:LTCUSD.P Currently price action seems to repeat textbook wyckoff range accumulation structure. Price seem at range high , but not just typical range high , but major range resistance previous bull support range. Usually what we want to see here whethere is this a deviation or a break to a new higher range. 2 probabilities here 1. Price rejected range high, confirmation. Entry after confirm . Target sell at mid range 50% and low range 50% 2. Price break range high and confirm with higher high n lower high. I cut loss and wait for price to settle at new range high. In coming 3 months , we are heading into key decision moment whether fed gonna pause hiking rates or not. Tbh i dont think fed going to pause very soon when inflation is sticky, powell mentioned before he's going to ensure inflation rate back to 2% while currently we are at 4.9%. We are still far away for powell target to 2% , they have been printed twice the amount of money starting in 2020 and we expect fed to stop hike this year? Most proabably not , but i might be wrong. Now im putting my money where my mouth is. Share ur thoughts.
BINANCE:LTCUSD.PShort
by BobbyAxelrode
Hidden trap for LitecoinerzCurrently price action seems to repeat textbook wyckoff range accumulation structure. Price seem at range high , but not just typical range high , but major range resistance previous bull support range. Usually what we want to see here whethere is this a deviation or a break to a new higher range. 2 probabilities here 1. Price rejected range high, confirmation. Entry after confirm . Target sell at mid range 50% and low range 50% 2. Price break range high and confirm with higher high n lower high. I cut loss and wait for price to settle at new range high. In coming 3 months , we are heading into key decision moment whether fed gonna pause hiking rates or not. Tbh i dont think fed going to pause very soon when inflation is sticky, powell mentioned before he's going to ensure inflation rate back to 2% while currently we are at 4.9%. We are still far away for powell target to 2% , they have been printed twice the amount of money starting in 2020 and we expect fed to stop hike this year? Most proabably not , but i might be wrong. Now im putting my money where my mouth is. Share ur thoughts.
BINANCE:LTCUSD.PShort
by BobbyAxelrode