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Litecoin (Cryptocurrency)

MING DYNASTY 2.0I was doing a little research on the history silver. In the Ming dynasty they had an insatiable hunger for silver. Just speculating, perhaps China adopts Litecoin as its crypto "gold". Charlie Lee is Chinese as well just to add to the speculation. Asia is number one in adoption of Litecoin. What if China demands all citizens pay taxes in Litecoin like it did during ming with silver? China may only accept Litecoin as payment for global trade just like it did during Ming with silver? Gold is only worth more than silver because its harder to mine. Silver has many more uses throughout history. Silver was the first metal to unite the world and start world trade with China. The dollar becomes the official currency in 1785. The US had no mint to make its own currency so the first temporary currency was the Silver Spanish Peso. The word DOLLAR comes from the word thaler which comes from the German root “thal” which means valley and “thaler” indicates a person or thing from the valley. Thalers were silver coins and they were named Thalers because of a silver rich valley the silver was mined from. I like to speculate quite a bit so this may be just a bogus idea but its worth keeping in the back of my mind. Also I have written proof if this does happen right here and Im the next Nostradamus hahah, just kidding. Anyways I thought the Litecoin fam would enjoy this little tidbit.
KRAKEN:LTCUSDLong
by Bitgolder
4
90$ Litecoin incomingevery detail and reason is on the chart: We saw a correction happen till $58, then from the change in drection, accumulation has been happening. We saw a bullish flag or abc flat correction around price 68 and 60 dollars happen, then from there had a bullish impulse to $75, off which we have been in a correction since. The correction is complete with WXY as seen on the chart, now we are entering the Impulse cycle as seen with abc micro cycle completing and allowing for buy orders on the current price. So from here Im expecting litecoin prices to skyrocket or moon for the moon-boiz. buckle up this is gonna be a long ride..
COINBASE:LTCUSDLong
by Theofylrx
42
LITECOIN making the Cyclical Bullish breakout you MUST NOT MISS!Litecoin (LTCUSD) has managed to make a Triple Bullish Break-out as not only did it break above the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line), both of which have been Resistances since August 2023 but also above the Lower Highs trend-line that started at the May 10 20221 top of the previous Cycle. This constitutes a Cyclical Bullish break-out because as you can see, every time LTC broke above the Lower Highs trend-line in the past 2 Cycles, it confirmed the official start of the parabolic rally to a new All Time High (ATH). Our target is $450, which is just below the ATH Higher Highs, a level that has been hit on both previous Cycles. If broken, LTC can even reach as high as $700 or even $1000 (1.382 Fibonacci extension) but those are overstretched technical levels that would require extremely positive fundamentals. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LTCUSDLong
by TradingShot
18
The Final Zcash Chart Prediction for 2024-2025 Crypto Bull CycleIMHO - Zcash’s primary use case is a private store of wealth. It’s a Swiss Bank Account without the Swiss Bank. ZEC is PRIVATE digital Gold 3.0. The project needs a great wallet experience and a transition to PoS. Hoping new leadership can pull it off Not anymore so I hear your frustration. Zooko founded Zcash so he gets rewarded like a founder. My guess is he cares far more about Zcash’s ability to provide freedom and privacy to the world than money. Anyhow, thanks for the comment. I personally use Zcash as a Swiss Bank account without the bank and for me, THAT is Zcash’s best use case. Private Bitcoin Digital Gold 3.0. So why is BTC at 47000 and ZEC at 20 ? Usage has nothing to do with that. Technical properties are having no influence. ZEC is not an object of " speculation " investment. Investment and usage go hand in hand. The" ZEC company" is responsible for this disaster. It's not speculation. It's serious investment into a product which holds value and is seen as beeing money. The people who are managing ZEC have never had any interest in price or value. It's kind of really strange to me that people who have no interest in money and it's value are trying to create a product which should replace our current money. the code has no value for anybody until you give it real value. This is something what we all do with things. First you need enough people who are seeing the value. Than you need people who are seeing that possible future value and buy it as an investment for the future. Than you can as the value increases do something with it and spend it. Money makes the world go round. Silly socialist ( woke ideas ) always have and always will fail because it goes against human nature. One more thing: In the long term, utility and usage are everything. This statement is correct. One question for you. Many people have developed many very good things. Why does one come to live and others which may be even better don't. What is the difference? That's not a lecture. That's live experience. Silly Ideas are killing humanity ( and ZEC ) www.youtube.com www.youtube.com
POLONIEX:ZECUSDLong
by noam_chom
3
Litecoin, Breakout Of Channel, Continuation When Confirmed!Hello Traders Investors And Community, welcome to this analysis about the recent events happening in litecoin, the current price-action and where the crpytocurrency-coin can continue further in the the next time. Recent occurrences in the cryptocurrency-space made provided mixed signals in the different crpytocurrencies, while the major bitcoin is still under a significant resistance level which hasnt been taken out yet there are coins like cardano or ethereum which made an new higher high already. One of the coins which provided some interesting signs on the surface and that can lead for some profitable opportunities soon is litecoin, therefore we are looking on the technical side of things in the 4-hour locally timeframe. As you can see in my chart litecoin recently formed an huge and meaningful downward-direction-channel with its low at 39.5, in recent mechanisms the price just broke out this downward-direction-channel with some good and solid volatility to the upside. As it made a new high in the structure at 47.9 it experienced a bearish pull-back now, at the moment it is within the likelihood spectrum that this pull-back will continue to the downside as soon as we get some fundamental support to stabilize in the structure, the next important support will be the lower boundary of the downward-direction-channel and the coherently confirming 300-EMA which you can see marked in blue. When we reach these levels and confirm them as support there is a good chance given that litecoin sets up to form some legs to the upside, be sure that the needed support-levels confirm properly otherwise when we fall below the 300-EMA and into the downward-direction-channel, this will add a bearish shape to the structure and more downside is possible. But when we confirm it rightly as support the targets you can see are activated and the middle-term-target is reached when we dont get any significant bearish pressure on the way which will alter the dynamic, the whole long-term-target of the downward-direction-channel is even higher so it will be interesting to see how litecoin reacts in the upcoming resistance. Overall we can expect that litecoin is one of the decent coins at the moment but although with good upside potential especially if we take out important resistance-levels. The whole cryptocurrency market is sending mixed signals for now and we need to elevate where the journey is heading, also I discovered that the equality between the coins gets a higher spread this can lead to a dynamic which will change the market in fundamental ways as some coins loosing public demand and others get a boost of new fresh liquidity similar to the stock-market where there are big differences in stocks, traders and investors should be prepared for this and dont fall for the illogical approach to trade just anything and overconjecture the situation seen too often these days. In this manner, thanks for watching, support for more market insight, also you can follow my social networks which you see in the signature for more in-depth, appreciate my friends! ;) A wise thing that makes sense and needs to be encouraged is to strive for greater enlightenment in the modern markets. Information provided is only educational and should not be used to take action in the markets.
KRAKEN:LTCUSD
by VincePrince
9
Litecoin (LTCUSD): Another big long-term opportunity incomingLitecoin (LTCUSD): BINANCE:LTCUSD For Litecoin , the analysis starts from December 2018, focusing primarily on the activity from 2021 to the present. It indicates that the major Wave II concluded at $41.60, and currently, Litecoin is in a major Wave III that is expected to exceed $413, representing a potential increase of 450%. This projection is based on a detailed examination of the coin's performance after the first two bull markets, suggesting significant growth potential within this cycle. The strategy involves waiting for an opportune moment to enter the market, aiming for long-term holding rather than immediate action, based on the completion of sub-Wave 1 and 2 in red, with Wave 2 ending at $57.71. The current phase is believed to be within Wave 3, anticipated to reach between 161.8% and 361% extension, equating to a price range of $162 to $290. The upper limit of $290 is considered the maximum for this Wave 3, as going beyond would be unusual and not align with typical Wave 3 behavior. By zooming into the 4-hour chart, short-term entry points are being identified, noting that Wave ((iii)) in black has already developed a smaller sub-wave and is currently in a minor Wave (iii) in blue, expected to significantly increase shortly. Our plan now is to wait for a correctional Wave (iv), which may take days or weeks to materialize, at which point a limit order will be placed for our long-term investment, as we missed the end of Wave 2 due to the timing of our analysis.
CRYPTO:LTCUSDLong
by freeguy_by_wmc
LITECOIN ON THIS DAY 7 YEARS AGO WENT STRAIGHT UP FOR 14000%The chart speaks for itself. This is the beginning of the massive parabolic rally for Litecoin. There is going to be massive swings on the way up so be prepared for that as people take profits thinking they know where the top is. Psychological numbers like $500, $1000, $2000 etc those may be stall points and drops but it'll quickly rebound. Once all the Bitcoin is bought up what do you think these big players are going to buy? You think they will buy all these unregistered securites or will they buy the crypto that has the green light by regulators? I think the answer here is simple. This next cycle will last longer and this target of around 10k could actually be just the first stop before going higher, I dont know. Once Litecoin enters price discovery, there is no telling where the top is. Im assuming around 10k unless it gets as much adoption as Bitcoin or close to then the price could be closer to $50k. Call me crazy I dont care, I dont care about your market cap nonsense, or Litecoin is useless or dead, or whatever. Go elsewhere this is not the place for you. We are way ahead of your little mind, we know what is about to happen and we'll see you at the top. Bring a washcloth to clean your face
BINANCE:LTCUSDLong
by Bitgolder
21
LTCBTC Potential ReversalLitecoin has maintained a persistent downward trend against Bitcoin, but today's observation brings a potential turning point into focus. A discernible rebound has occurred, precisely off the 441.4% Fibonacci support level, hinting at the potential conclusion of the decline. To solidify this potential reversal, it's imperative to monitor the daily close, ensuring it remains above the 0.001341 support. Should this condition be met, LTCBTC could be preparing for an upward surge toward the 61.8% Fibonacci resistance. Notably, this level aligns with a previously established supply/demand zone, adding an extra layer of significance to the potential reversal scenario.
Long
by CryptoPAMM
2
LTC/USDT ascending channel bullish breakout? 🚀Litecoin💎 Yello, Ladies and Gentlemen prepare for a thrilling opportunity with #LTCUSDT, as it's currently navigating through an ascending channel, hinting at a potential bullish leap. 💎 Upon examining #LITECOIN, we've noticed its consistent trajectory within an ascending channel over the past few days. Presently, with its strong upward momentum, should it break above the channel and maintain this thrust, there's a high chance it will aim for the daily resistance level above. 💎 Ready to seize every chance? Stay vigilant for any slip below the channel with $LTC. In such an event, adopting a calm and strategic stance for a bullish rebound from the lower demand zone at $68.84 becomes our play, buoyed by the substantial liquidity present there. And if it dips below that? It’s time to brace for a potential drop and adjust our strategy accordingly.
Long
by MyCryptoParadise
2
LTCUSD: Potential Formation of a Trendline ChannelLTCUSD is hinting at the potential formation of a trendline channel, indicating a structured path that could dictate its price movements going forward. This development suggests a clearer direction for LTC's future price action, offering traders and investors a visual guide to understanding possible support and resistance levels. As LTCUSD carves out this channel, market participants will be watching closely to identify opportunities for strategic entries and exits, based on the channel's trajectory. This pattern emphasizes the importance of monitoring trendlines for those looking to capitalize on LTC's market movements.
Long
by awsmtrades
Litecoin, Close To Strong Support-Level, Here Are Next Steps!Hello, Traders Investors And Community, welcome to this analysis about the current formation and price action forming in litecoin, there are some significant signs I detected on the daily time-frame. At the moment litecoin is whether confirmed bullish nor confirmed bearish this is why we are still in an indecisive-phase here and the next time will show how litecoin will proceed but litecoin has some good support levels below which can indicate a reversal to the upside when these levels confirm properly otherwise it can still fail and fall to the downside when confirmed below the major support in the structure. What we need to keep in mind in the actual situation is that litecoin is still trading below the predominant EMAs you can see in my chart marked in blue with the 20 and 50-EMA already don't cross bearish or bullish this is why the current structure has to be confirmed in the proper direction as you can see it in the past months we had this EMA-confirmation litecoin confirmed either bearish or bullish, this signal is can come the next time when litecoin decides to take the upright direction before we do not see this EMA-confirmation-crossover litecoin is still in an inconclusive market. When considering the bullish scenario we have an important support-level which is the key 61.8 % Fibonacci-support, it is marked in grey in my chart, when we touch this level it is within the high likelihood spectrum that we will get a bounce there because that level at 37.6 also matches with other support/resistance price levels litecoin formed in the past. It is a main task for litecoin to hold that level when bounced there otherwise when we fall below it there is a probability given that litecoin continues bearish to the downside because when the 37 level is crossed down there will be much berarish pressure below that level. The next time we can expect that litecoin will test the 61.8% Fibonacci-support when it succeeds and forms support there we can contemplate more upside for litecoin and at least testing the higher levels in the overall structure, in this scenario it is also important that we take out the falling grey trend-line you can see in my chart. After that there are the 50 and 58 levels remaining to test for litecoin in the structure. To confirm bullish here we need to see at least the bullish EMA-confirmation because that was a high successful indicator for litecoin in the past it can confirm the further uptrend here. Recall that it is highly important for litecoin to hold the 61.8% Fibonacci-support here otherwise when crossed to the downside the whole picture turns more to the bearish side. In the current situation, litecoin has to decide if it is strong enough to hold the proper support, therefore, it is important to wait and see how it develops which wise traders should almost always do. With opening a long-position it is important to wait on the confirmation before placing it which is the best idea in such a structure, we cant trade what we think we need to see the right confirmation before taking advantage of the opportunity, this gets highly important with the current layout in litecoin. Thanks for watching, support for more market insight and good weekend everybody! ;) Trading effectively is about assessing probabilities, not certainties. In this manner: FAREWELL Information provided is only educational and should not be used to take action in the markets.
BITSTAMP:LTCUSD
by VincePrince
6
Litecoin, Major Up-Trend-Channel Broken, Testing Higher Levels!Hello, Traders Investors And Community and welcome to this analysis about the price-structure we are facing in Litecoin at the moment, there are some heavily significant signs which I detected in the chart, we saw high volatility the last time catapulting Litecoin more than 18 % to the downside in just one day after Litecoin formed a fake bull-flag. This shows one more time that the cryptocurrency market is highly volatile and therefore this volatility shouldn't be underestimated. I also made an analysis of Litecoin with a more middle-to-long-term perspective which I recommend you to see when going at my account and look at the analysis regarding this to have a full overview of the price-action we are looking at. This is an analysis of the locally 4-hour time-frame so let's go. When looking at my chart you can see that Litecoin held a major uptrend-channel with its belonging up-trend, there were however several signs that the reversal was possible as I already mentioned in the previous analysis. Litecoin where one cryptocurrency with a relatively weak uptrend compared to bitcoin and ethereum and therefore it was in the possible spectrum that we got the bearish move to the downside we faced now. As you can see also in the chart Litecoin traded in a fake or false bull-flag, this is a formation which is suspected to be a bullish breakout pattern but actually breaks to the downside, there is however not a big percentage of probability that it turns out to be a fake one but in this current case, it happened. In the next hours and days, we can anticipate that litecoin will test its remaining higher levels in the structure as the market is slightly oversold in the short-term basis and probably confirming the fake bull-flag you can see in the chart. Presently we can contemplate that litecoin has overall more potential to the downside as we saw these important bearish move indicating the further bearish continuation. The fact that we had this major high volume and bearish volatility is more bearish than bullish and it was not seen in the overall weak uptrend before. Therefore the likelihood is high that we will continue after litecoin tested the higher resistance areas. The situation right now is a situation where litecoin has a high possibility to form the setup for the next leg down, this is currently the most likely scenario and has to keep in mind but that does not mean litecoin will continue bearish till it gets to zero like many people predicting now and that the bullish phase is over there are still some support levels at the way and therefore we will see if we can stabilize there and how the further possibilities will play out. Many people calling for the complete bottom now, this is a mere speculative tendency and we should keep a cool and rational head to assess the market as best, therefore, we need to see if the bearish signals increase or if we can stabilize on the way down and don't fall for the mere speculative tendency we see so many times these days. Thanks for watching, support for more market insight and all the best! The market-conditions are often the real source of truth. In this manner: FAREWELL Information provided is only educational and should not be used to take action in the markets.
BITSTAMP:LTCUSD
by VincePrince
5