Litecoin/LTC Swing Long Setup Litecoin has a huge Imbalance on the left side
- A strong base building can be seen in Ltc
- My targets would be 90,102,110$
- Risk shouldn't be more than 10% if you enter at current price
Litecoinusd
LTCUSDT : Descending Channel Time Frame: Daily
Structure :
Descending Channel:
A descending channel is a chart pattern formed from two downward trendlines drawn above and below a price representing resistance and support levels. The descending channel pattern is also known as a falling channel or channel down. The upper line is identified first, as running along with the highs and is called the trendline.
Price Currently took support at Trend Line Support Zone
Moving Average: 150 MA :
In the daily time frame price is observed below 150MA, which indicates the short term trend is still on the bearish side
Expectation/Probability :
Price can reverse from the current support level till the 90$(Bullish) or Price Can Break the Channel Support then it may fall till 30$(Bearish)
Is #Litecoin getting ready for a massive move?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.
BTC Bulls in the Driving Seat 40k soon In my Multi Year Analysis earlier, in which I mentioned $100,000 in a Target for BITSTAMP:BTCUSD is making a strong base is actually in a accumulation phase, in shorter term $40k coming fastest finger fast for crypto lovers.
Literally, Last Chance for this generation to accumulate Monster Crypto BTC, buy the every big dips in 10-15 parts whether it goes under the ground also. hahaha
My sole purpose is to tell you buy and hold for next few years even it comes till 15-20k worst case scenario, I promise you we will party together in future with $100k, save my posts.
Patience and Right-Timing are your Life-Partners.
Happy Investing, I await your comments 😀👍🤝🏼
💡Don't miss the great buy opportunity in LTCUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (180.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 63.
Take Profits:
TP1= @ 197.00
TP2= @ 207.90
TP3= @ 229.90
TP4= @ 247.10
TP5= @ 261.90
SL= Break below S2
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Litecoin Intraday Sell OpportunityOm Namah Shivay
Litecoin has the opportunity to be shorted in intraday before taking long.
Invalidation lines to be taken care.
Om Namah Shivay
Litecoin on a runOm Namah Shivay
The weekly chart shows promises for litecoin, to upward till 220. The prospect is from the 200 to up.
It should be on a long on daily chart which trader will verify.
Om Namah Shivay
Buy litecoin Hello every one lite coin is very good for investment at thi time. My target is 110$
And long term you seen 200$ to 250$
LTCUSD Update: Profit=69525 SL=6310 Reward/Risk > 11:1 Trade Setup summary:
Profit targets=69525 pip (690+ 1230+ 1960+ 3060+ 4085 + 6070+ 7505+ 10280+ 15280+ 19365)
Stop Loss =6310 pip
Reward/Risk > 11: 1
Current Status:
Total Profit: 7508 pip
Closed trade(s): 1172 pip Profit
Open trade(s): 6336 pip Profit
Trade Setup:
We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry method at 2020.07.25.
Closed Profit:
TP1 @ 50.65 touched at 2020.07.26 with 316 pip Profit.
TP2 @ 56.05 touched at 2020.07.28 with 856 pip Profit.
316 + 856 = 1172
Open Profit:
Profit for one trade is 54.53(current price) - 47.49(open price) = 704 pip
9 trade(s) still open, therefore total profit for open trade(s) is 704 x 9 = 6336 pip
Technical analysis:
. LTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.
New trading suggestion:
* There is still a possibility of temporary retracement to suggested support line (48.75). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (48.75).
Take Profits:
TP1= 50.65
TP2= 56.05
TP3= 63.35
TP4= 74.35
TP5= 84.60
TP6= 104.45
TP7= 118.80
TP8= 146.55
TP9= 196.55
TP10= 237.40
TP11= Free
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LiteCoin Trend Analysis & Trade Setup !!This is my personal favorite.
A lot of guys hunt Bitcoin but LiteCoin can give a similar Exposure and returns for much much lower price.
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 8 to 12 times.
Don't miss the great buy opportunity in LTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (52.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Litecoin/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 64.15
TP2= @ 79.15
TP3= @ 99.30
SL= Break below S2
LTC Latest Chart Analysis Hello Everyone Hope you are doing good
In This Chart we can clearly see Breakout of Inverse H&S Pattern which is a Positive sign of Uptrend Current Price of Litecoin is $37.88 and it can move upto $50 as per this Chart Pattern. The area of $27.701–$29.349 is a critical support zone on the downside.
Hope this will help you
Thanks For watching Hit the like button if you like my work.
Litecoin Chart Analysis (19th Sep 2018) #Shark #HarmonicsPatternLitecoin Chart Analysis (19th Sep 2018) #Shark #HarmonicsPattern $LTC
There is a possibility for the beginning of an uptrend in LTCUSDTechnical analysis:
. LITECOIN/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (57.70 to 49.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (57.70)
Ending of entry zone (49.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 66.00
TP2= @ 73.25
TP3= @ 81.10
TP4= @ 90.25
TP5= @ 111.00
TP6= @ 126.20
TP7= @ 173.75
TP8= @ 212.20
TP9= @ 250.60
TP10= @ 305.30
TP11= @ 375.00
TP12= Free
A new trading opportunity to buy in LTCUSDTechnical analysis:
. LITECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (75.00 to 66.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (75.00)
Ending of entry zone (66.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
. We have already opened 9 BUY trade(s) @ 79.03 based on 'Two-day reversal candle (2-Day Hammer )' entry method at 2018.06.29 in our suggested support zone (72.50 to 57.50).
Total Profit: 8041
Closed trade(s): 1297 Profit
Open trade(s): 6744 Profit
Closed Profit:
TP1 @ 92.00 touched at 07.18.2018 with 1297 Profit.
Open Profit:
Profit for one trade is 87.46(current price) - 79.03(open price) = 843
8 trade(s) still open, therefore total profit for open trade(s) is 843 x 8 = 6744
All SLs moved to Break-even point.
Take Profits:
TP1= @ 92.00
TP2= @ 102.00
TP3= @ 125.00
TP4= @ 165.00
TP5= @ 183.00
TP6= @ 224.00
TP7= @ 252.00
TP8= @ 375.00
TP9= Free
There is a trading opportunity to buy in LTCUSD Technical analysis:
. LITECOIN/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have already opened 9 BUY trade(s) @ 79.03 based on 'Two-day reversal candle (2-Day Hammer)' entry method at 2018.06.29 in our suggested support zone (72.50 to 57.50).
Beginning of entry zone (72.50)
Ending of entry zone (57.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 92.00
TP2= @ 102.00
TP3= @ 125.00
TP4= @ 165.00
TP5= @ 183.00
TP6= @ 224.00
TP7= @ 252.00
TP8= @ 375.00
TP9= Free
Bearish Gartley in LTCUSD House!BITFINEX:LTCUSD this is a bilateral trade to be taken, a long followed by a short..
After a long time i see a gartley in the cryptoworld..!
Personally never trader a gartley in crypto..!! this is beautiful and if it turns out good, a potential money maker and a compounder..!
