💎"Attention, Paradisers! LTCUSDT (Litecoin) is currently nestled within a strong trendline, hinting at a potential bullish surge. This robust trendline signifies a steady upward price movement, indicating possible bullish market conditions. For this bullish scenario to hold true, it's crucial for LTCUSDT to maintain its position above the trendline and show...
LITCOIN 1-DAY CHART ANALYSIS
LTC Previously Running into Broadening Wedge Pattern and Now Break-out towards Bullish Flag Pattern. Now soon in July, LTC will be going towards $65-55 to retest its second last Lower-Low, after that it will be boost up into Bullish Mode and major chances to Break out previous All Time High in this coming BullRun.
Always #DYOR and...
This is for educational purposes only, do not take this as investment advice.
Guys! mark these levels and follow these trend lines.
Let us connect and discuss more possibilities on day to day basis.
We have Two plans for LTCUSDT Higher Time Frame..
Good This Is it is making Higher High and Higher lows, But On the Other side it is consolidating in a pattern..
Breakout/Breakdown of Channel Will lead to new targets of our Ltc trade..
#nfa
#dior
litecoin looks good and making higher high higher lows
my pov is that it might get rejection from 110 level as the bottom buyer maybe booking some profits
back to lvls of 85-95 will be retest zone or value zone for buyers after the rejection from 110
for medium to long time frame we can see 140 levels too
this technical analysis is done based on schiff pitchfork and fib time base trend , fib retracement
what to do?? refer the image of chart for inshort idea about LTC
This is based on the Elliott Wave Theory. The current structure can be assumed as a triangle due to internal ABC formations. This suggests that the price would remain bullish from the current levels.
When the BTC was at 65k this needs to take a rebound and that is till 18500
Now just bought it and hold your socks
Put Target 100000
Date : 23rd June 2024 !!
BUY ALL CRYPTO NOW !!!!!!!!!
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (108.8).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Litecoin is about to form a W in RSI at Daily chart.. This is very bullish. Bitcoin is also forming a W. and as Bitcoin moves beyond 61k, Litecoin may start moving up..
after recent breakout from 116
price has made its first pullback on hourly chart
it look like a channel consolidation
if the price breaks down then it might act as breakout and retest at 116
if it breakout above from the channel then 138 would be next resistance
Litecoin is making it's first green Heikin Ashi candle after 11 red ones on the weekly. Is it getting ready for a move up for the 5th wave?
Lemme know what you think in the comments below.
with long triangle formation ltc has broken out
lets wait for retest at 204-205 buying levels with sl of 197.50 and target of 212-213
ltc has lately giving big spikes moves so maintain proper and sl and target is must to avoid slippages
