LTC Breakout Downward. As I give a call of breakout for LTC.
the breakout is downwards.
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LTCUSDT
LTC is about to breakout.LTC is about to break out as per the 4H timeframe.
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Great opportunity to long Ltc🚀Hello guys
Here is the great Buy opportunity in LTCUSDT. Price was moving in Acending Triangle from many days and it confirms the beakout. Athough price already retested but you could buy wait if you want to for retest again and enter.
- Put your Stop Loss below the Breakout candle.
- Take profit should be 286usd and then 360usd or you can trail it too if you want.
Happy Earning
💡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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LTCUSD possible upperside breakout was expected in h4 LTCUSD
After reaching around 250.00 LTCUSD has started to falling and reached around 200.00 which is a major psychological level and this level
also coincides with .618 Fibonacci which will act as dynamic support and resistance for both bull and bear.In Elliot wave principal we can see
Wave D was already completed and the Wave E is underway. We can expect another round of Elliot impulse wave after the completion of Wave E'
Irregular triangle pattern was forming since the end of January.Upper side breakout will be a possible outcome
Currently the price is well below the .618 Fibonacci if the price remain this Fibonacci then it might reach around .50 Fibonacci level which is around 182.00 and
this level will act as medium term support for the bull. And 50,100,200 EMA was acting as resistance for the bull in 4 hour time frame. 0.50 Fibonacci will inclined with the
lower side of the trend line which will be a good entry point for the bull. Ichimoku cloud has turned red which is a sign of medium term bearish trend
Trade call
Buy limit @ 183.00
Take profit @ 280.00
Stop lose @ 149.00
💡Don't miss the great buy opportunity in LTCUSDTTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (186.20).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.79.
Take Profits:
TP1= @ 229.20
TP2= @ 246.00
TP3= @ 277.00
TP4= @ 309.20
TP5= @ 352.00
SL= Break below S2
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💡 Don't miss the great buy opportunity in Litecoin/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (139.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Litecoin/TetherUS LTCUSDT 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 55.
Take Profits:
TP1= @ 157.0
TP2= @ 166.0
TP3= @ 185.0
TP4= @ 200.0
TP5= @ 228.5
TP6= @ 255.3
SL= Break below S2
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💡Don't miss the great buy opportunity in LTCUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (143.60).
. 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 157.19
TP2= @ 166.15
TP3= @ 185.51
TP4= @ 200.00
TP5= @ 228.50
SL= Break below S2
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💡 Don't miss the great buy opportunity in Litecoin/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (144.25). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Litecoin/TetherUS 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 60.
Take Profits:
TP1= @ 155.35
TP2= @ 162.60
TP3= @ 172.40
TP4= @ 185.70
TP5= @ 195.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️