LITECOIN trade ideas
LTCUSD $36.00 is the riskLitecoin appears increasingly bearish as the new trading week opens as the fifth-largest cryptocurrency languishes towards the $50.00 level. The LTCUSD pair is set for another month of losses, leaving the risk of a possible decline back towards the $36.00 level. Overall, bulls need to move the LTCUSD pair above the $65.00 level or the cryptocurrency could see start to settle below the $50.00 level.
If the LTCUSD pair trades above the $50.00 level, key resistance is found at the $65.00 and $73.50 levels.
If the LTCUSD pair trades below the $50.00 level, key support is found at the $44.00 and $36.00 levels.
LTCUSD $50.00 criticalLitecoin has erased its strong monthly gains, with the fifth-largest cryptocurrency by market capitalization sliding lower alongside the broader market. Further losses under the $50.00 level could prompt the LTCUSD pair to fall towards the $44.00 level. Overall, heavy weakness should be expected while the cryptocurrency fails to move away from the $65.00 support level.
If the LTCUSD pair trades above the $65.00 level, key resistance is found at the $70.00 and $73.50 levels.
If the LTCUSD pair trades below the $65.00 level, key support is found at the $50.00 and $44.00 levels.
LTCUSD $100.00 preferred targetLitecoin is tracking higher alongside the broader cryptocurrency market, leaving the fifth-largest digital currency plenty of space to advance this week. LTCUSD bulls need to hold price above the $73.50 level to encourage a test of the $80.00 resistance level. Overall, the psychological $100.00 level still remains the preferred upside target if the short-term recovery continues to gather pace.
If the LTCUSD pair trades above the $73.50 level, key resistance is found at the $80.00 and $90.00 levels.
If the ETHUSD pair trades below the $73.50.00 level, key support is found at the $68.00 and $65.00 levels.
LTCUSD $80.00 first targetLitecoin has had a strong start to the new trading week, with the fifth-largest cryptocurrency advancing toward the $73.00 level. Multiple inverted head and shoulders patterns are building on the lower time frames, with the $80.00 level the first target. Overall, if the price reaches the $80.00 level the LTCUSD pair could eventually move to its second upside target, around the $102.00 level.
The LTCUSD pair is only bullish while trading above the $65.00 level, key resistance is found at the $80.00 and $102.00 levels.
If the LTCUSD pair trades below the $65.00 level, key support is found at the $60.00 and $55.00 levels.
LTCUSD $80.00 increasingly likelyLitecoin is started to grind higher as positive trading sentiment starts to spread through the entire cryptocurrency market space. The LTCUSD pair is increasingly likely to test towards the $80.00 level, although $92.00 is possible if Bitcoin continues to break higher. Overall, Litecoin bulls are showing positive signs that they intend to push the cryptocurrency higher, although they must breach the August high.
The LTCUSD pair is only bullish while trading above the $65.00 level, key resistance is found at the $80.00 and $92.00 levels.
If the LTCUSD pair trades below the $65.00 level, key support is found at the $60.00 and $55.00 levels.
LTCUSD now oversold Litecoin is still under bearish pressure in early Friday trade after the fifth-largest cryptocurrency looks set to close the month of August heavily in the red. The LTCUSD pair is approaching its bearish target, while the RSI indicator is now oversold on the daily time frame. Overall, the LTCUSD pair is likely to become an attractive short-term buy if the cryptocurrency starts to find a meaningful price floor.
The LTCUSD pair is only bullish while trading above the $80.00 level, key resistance is found at the $92.00 and $100.00 levels.
If the LTCUSD pair trades below the $70.00 level, key support is found at the $65.00 and $55.00 levels.
LTCUSD $55.00 targetLitecoin is still under fairly severe downside pressure on Wednesday as the broader cryptocurrency market fails to attract a sustained bid. The bearish head and shoulders pattern on the four-hour time frame still suggests that the LTCUSD pair could fall to the $55.00 level. Overall, a break under the $70.00 level still remains the trigger for more short-term Litecoin selling.
The LTCUSD pair is only bullish while trading above the $100.00 level, key resistance is found at the $110.00 and $120.00 levels.
If the LTCUSD pair trades below the $70.00 level, key support is found at the $65.00 and $55.00 levels.
LTCUSD Long term outlookWe are going down down in an earlier round and sugar we are going down swinging! Eventually I believe LTCUSD will go sub $20 but maybe sometime early 2020 that will happen. Not really going to much into detail just giving a ruff idea as to where i think this asset is heading.
1) The Circle indicates major resistance. We have a trend line that has been violated therefore it now becomes resistance. We also have a 200 ma that has acted as resistance. Even though we crossing above it, that move was very short lived and down down we have gone since that time.
2) The Big Red Line. Basically if we cross below that line, if you want to know what things look like... well... go to the restroom, do a number 2, and then throw it at your fan.
Happy tradings to all :D
LTCUSD still technically weakLitecoin is testing lower in early Wednesday trade after the fifth-largest cryptocurrency was heavily rejected from the $80.00 resistance level. A sustained break of the $70.00 support level is likely to see the LTCUSD pair to fall towards the $60.00 level. Overall, despite being oversold the LTCUSD pair has yet to attract buying interest, which points to a possible deeper decline.
The LTCUSD pair is only bullish while trading above the $100.00 level, key resistance is found at the $110.00 and $120.00 levels.
If the LTCUSD pair trades below the $70.00 level, key support is found at the $65.00 and $60.00 levels.
LTCUSD bears masih bertanggung jawabLitecoin tetap berada di bawah tekanan penurunan pada hari Senin begitu mata uang kripto populer ini gagal menarik minat pembelian yang berarti. Secara umum, sebuah terobosan di bawah level $82.00 kemungkinan akan memicu pergerakan bearish lebih jauh menuju setidaknya level $70.00. Hanya sebuah pergerakan berkelanjutan di atas tingkat ketahanan $130.00 yang mampu mengamankan tinjauan mingguan menyeluruh dari mata uang kripto terbesar kelima ini.
Pasangan LTCUSD hanya bullish ketika diperdagangkan di atas level $130.00, kunci ketahanan berada pada level $140.00 dan $165.00.
Jika pasangan LTCUSD diperdagangkan di bawah level $82.00, kunci dukungan berada pada level $70.00 dan $65.00.
LTCUSD bears in chargeLitecoin remains under downside pressure on Monday as the popular cryptocurrency fails to attract any meaningful buying interest. Overall, a breakdown below the $82.00 level is likely to prompt a further bearish move towards at least the $70.00 level. Only a sustained move above the $130.00 resistance level can secure the fifth largest cryptocurrencies overall weekly outlook.
The LTCUSD pair is only bullish while trading above the $130.00 level, key resistance is found at the $140.00 and $165.00 levels.
If the LTCUSD pair trades below the $82.00 level, key support is found at the $70.00 and $65.00 levels.
LTCUSD $70.00 attractive buyLitecoin is under pressure on Thursday as the fifth-largest cryptocurrency by market capitalization fails to attract interest above the $100.00 level. If Litecoin slides below the $82.00, the pair could become a strong medium-term buy around the $70.00 level. The four-hour time frame is currently showing a bearish head and shoulders pattern that is continuing to unfold to the downside.
The LTCUSD pair is only bullish while trading above the $100.00 level, key resistance is found at the $105.00 and $120.00 levels.
If the LTCUSD pair trades below the $100.00 level, key support is found at the $82.00 and $70.00 levels.
LTCUSD watching monthly closeLitecoin remains technically weak headed into the monthly price close, as the popular crypto struggles to regain bullish momentum. A large monthly reversal candle and a monthly price close below the psychological $100.00 level should be considered bearish for the LTCUSD pair. Overall, continued selling down towards the $70.00 level remains the favoured scenario.
The LTCUSD pair is only bullish while trading above the $100.00 level, key resistance is found at the $105.00 and $120.00 levels.
If the LTCUSD pair trades below the $100.00 level, key support is found at the $88.00 and $70.00 levels.
LTCUSD in trouble below $90.00Litecoin is once again trading below the $90.00 level after the cryptocurrency suffered a strong technical rejection from the $104.50 region. The $75.00 level may start to come back in focus if bulls struggle to contain the LTCUSD pair above the pivotal $90.00 level. The head and shoulders pattern on the four-hour time frame is also still predicting a deeper drop towards the $60.00 level.
The LTCUSD pair is only bullish while trading above the $90.00 level, key resistance is found at the $105.00 and $120.00 levels.
If the LTCUSD pair trades below the $90.00 level, key support is found at the $75.00 and $60.00 levels.
LTCUSD watching 100.00 levelLitecoin has staged a strong recovery alongside Bitcoin, with the fourth-largest cryptocurrency posting double-digit gains on Friday. The LTCUSD pair has recovered back to key neckline resistance, although bulls are still struggling with the $100.00 resistance level. Technical rejection from the $100.00 level should spark a sell-off back towards the $90.00 level, while a bullish breakout should target the $107.00 level.
The LTCUSD pair is only bullish while trading above the $93.00 level, key resistance is found at the $100.00 and $107.00 levels.
If the LTCUSD pair trades below the $93.00 level, key support is found at the $90.00 and $75.00 levels.
LTCUSD breakdown continuesLitecoin continues to slide lower in early Wednesday trade after bulls failed to hold the cryptocurrency above the pivotal $90.00 resistance level. The LTCUSD pair may start to fall back towards its 200-day moving average where bargain hunters could start to pick up at the crypto at a more attractive price. Overall, the current down move looks set to continue until we see stabilization above the $90.00 level.
The LTCUSD pair is only bullish while trading above the $90.00 level, key resistance is found at the $100.00 and $107.00 levels.
If the LTCUSD pair trades below the $90.00 level, key support is found at the $73.00 and $60.00 levels.
LTCUSD under key supportLitecoin continues to struggle to find a directional bias in early Thursday trade, with the LTUSD pair trapped between the $125.00 to $110.00 levels. The four-hour time frame shows that a bearish head and shoulders pattern with a $20.00 downside projection still remains valid. A move above the $125.00 level may prompt buying interest back towards the important $40.00 level.
The LTCUSD pair is only bullish while trading above the $125.00 level, key resistance is found at the $140.00 and $160.00 levels.
If the LTCUSD pair trades below the $125.00 level, key support is found at the $110.00 and $95.00 levels.
LTCUSD sell below $125.00Litecoin has started to turn bearish alongside the broader cryptocurrency market after falling below the key $125.00 level. The four-hour time frame is also showing that the LTCUSD pair has now broken under key trend-line support. Weakness in the LTCUSD pair should be expected in the short and medium-term while the price continues to trade below the pivotal $125.00 level.
The LTCUSD pair is only bullish while trading above the $125.00 level, key resistance is found at the $140.00 and $160.00 levels.
If the LTCUSD pair trades below the $125.00 level, key support is found at the $110.00 and $100.00 levels.
LTCUSD correction overdueLitecoin is starting to struggle in early Wednesday trade as the cryptocurrency appear overdue for a much-needed technical correction. A sustained move below the $125.00 level should provoke technical selling in the LTCUSD pair toward at least the 110.00 support level. If bulls can break the $140.00 the LTCUSD pair offer relatively limited technical resistance until the $160.00 level.
The LTCUSD pair is only bullish while trading above the $125.00 level, key resistance is found at the $140.00 and $160.00 levels.
If the LTCUSD pair trades below the $125.00 level, key support is found at the $110.00 and $100.00 levels.
