LITECOIN - Falling Wedge PatternNYSE:LTC 1-hr. Chart Analysis
Litecoin moving under #FallingWedge Pattern from last 10 days, and it was created new #ATH of 2023 on 1st July 2023 at $115 and after that continously falling from previous All Time High Mark 10 days ago.
Under this Falling Wedge pattern and #FIBretracement markup points, mostly chances to reach out again $88 to $85 within coming 3-5 days, if market is not suddenly Pumping out before that.
Always #DYOR and Trade wisely by using #StopLoss, It's #NFA
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LTC
THIS IS LITECOIN TETHERUS.LITECOIN 4H marked POI important level for LONG.
Once market mitigate that POI then we see a clearly a LONG Opportunity.
WHY LONG? Because we already know where the price will go.
I marked 2 HIGHS on chart first @107.16 05MAY22
And we can see rejection on 16FEB23 @105.86 price couldn't touch the previous High which is @107.16
CORRECT ME IF I'M WRONG!!!
💡Don't miss the great buy opportunity in LTCUSDTrading 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 resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 117.5
TP2= @ 121.9
TP3= @ 127.1
TP4= @ 134.1
TP5= @ 142.9
SL= Break below S2
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💡Don't miss the great buy opportunity in LTCUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (185.9).
. 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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 195.5
TP2= @ 207.5
TP3= @ 219.7
TP4= @ 232.1
TP5= @ 248.1
SL= Break below S2
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Trade well, ❤️
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💡Don't miss the great buy opportunity in LTCUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (173.10).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LTCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 188.91
TP2= @ 208.91
TP3= @ 232.29
TP4= @ 247.44
TP5= @ 263.57
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
$GTC broke out with good volume Yesterday , I posted this chart and within few hours $GTC started picking up heat even in a choppy market , now we can expect a retest of the previous resistance. On a successful retest , the resistance will turn into support and it is good to add to your positions in the fib range 0.382,0.5,0.618 , I will be adding in these three spots by splitting up , stop loss below trendline , anyways watch out for BTC , if BTC falls then GTC would have less chance for upward continuation
LTCUSD Coinbase - Looking for EntryI do not think I will be entering COINBASE:LTCUSD any time soon. I am looking for long opportunities in my trades and want to get in on the next long term trend. Here we have the price under the 200 day EMA and Supertrend still shows negative. The candle formations which are Heikin Ashi indicate a continued downward trend but there has been some indication of a possible reversal coming.
The last line of support indicated in green is not that strong as historically their are not many other points where we have seen this support hold, but the red resistance line is very strong with the price fighting this level plenty of times in the past, which tells me even if we see a reversal in the next few days unless volume picks up we wont see a trend change for awhile. The EMA is below this line of resistance so I foresee LTC being down for awhile. No signs of a long term entry in sight.
The last time LTC was in a downtrend it lasted just about two months. Before that it was most of a year in a downtrend. I do not short stocks or coins, I'm just not good at it, but if you are I would love to hear your thoughts.
Shiba inu trails!!!! Lets GO!thisis my projected path from my point of view! shibaswap is a big catalysist. be carefull of the scam shiba_swap site that is on all the search egines!!!! guys be carefull only follow true facts and do your research before you spend your life. only invest, what you would burn in front of your wife/mother/father/child!!! #shiba
LTC Breakout Downward. As I give a call of breakout for LTC.
the breakout is downwards.
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LTC is about to breakout.LTC is about to break out as per the 4H timeframe.
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Litecoin looks ready to make a shift in trendLitecoin is a slow-mover. While most altcoins are surging higher, LTC seems to be taking its time.
I believe the daily supply zone ($210 to $241) is about to be flipped.
A successful flip will allow LTC to rally to the previous week open at $295.
NFA. DYOR.






















