LTCUSDTLTCUSDT, chart REversal Pattern..
looks Good,But Better to be Wait for our Horizontal Resistance Breakout...
LTCUST trade ideas
my analysis for LTClitecoin 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 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!!!
Avoid LTC....??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
Perfect support turns into resistance exampleHere as we have learned whenever a resistance is broken it then becomes a support and vice Versa this is clear example for it
💡Don't miss the great buy opportunity in LTCUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (57.46).
. 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 76.
Take Profits:
TP1= @ 62.43
TP2= @ 64.65
TP3= @ 67.36
TP4= @ 69.76
TP5= @ 73.49
SL= Break below S2
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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)
💡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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Bullish Trend Changing TimeIts time to pull up all.
After long bearish week now it has changed Down trend to Up Trend so its time to do Long now..
its all about where we take entry make profit and just get out from it... (y)
Have a good luck to all.
LTC Down trendafter making upper trend it reverse to down trend now.
it looks like take lower low and lower high for next few days until reach particular support.
So it good time to short for one or two dads trade.
💡Don't miss the great buy opportunity in LTCUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (103.8).
. 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 65
Take Profits:
TP1= @ 109.1
TP2= @ 114.7
TP3= @ 121.8
TP4= @ 131.0
TP5= @ 142.9
SL= Break below S2
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LTC pump nowRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
LTC next move analysis 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
LTC LongWe can see a channel formation and a curve formation I expect the price to move upward to 440 USD. Also, the fibs recognize a good upward momentum
there will be more deviations this is a ling term review so probably we will see it reach the point by the end of next year
LTCUSDT - FALLING WEDGE PATTTERN - 60 MINLTCUSDT - FALLING WEDGE PATTTERN - 60 MIN
WE can take a long entry after it breaks out of fallinf wedge [attern
LIT coin to the moonGiven a channel breakout
And RSI breakout happened.
May achieve 2 targets
Watchout. good time to buy!
LTCUSDT ascending triangle pattern 30 minuteLTC is looking bullish ,forming ascending triangle on 30 minute timeframe.
💡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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💡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
❤️ If you find this helpful and want more FREE forecasts in TradingView
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Trade well, ❤️
ForecastCity English Support Team ❤️
