LTC flash recovery pump 📌 incoming CRYPTOCAP:LTC :: SHORT ⏰ PERIOD ANALYSIS 📌
Previous I provided sell short ↘️ unfortunately we missed buy zone difference of $0.86 of 1st buy zone 📌 🙄 now reached target 🎯 1 📌 near to target 2 📍 I want to catch return pump 📌 so this trade set-up 📐 involved High risk so called as #scalping
#futuretrade :: 2-4x ( 1-5% liquid 💰 ) #dyor BUY LONG ↗️
#BUY :: $75.8 - $80.2 - $83.56 ( 50%-30%-20% )
#sell :: $94 - $114.9 - $134.28 ( #imo $110 )
#SL :: $73.36 ( complete day close below 📍 )
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Litecoin (Cryptocurrency)
LTC/BTC falling wedge formingLitecoin appears to be forming a falling wedge against bitcoin.
Rsi trend has bottomed along with the price action within this wedge.
RSI is showing bullish divergence over the last several weeks.
Volume has been flat or declining in this wedge, often a reversal signal.
This could be as much as a 30% move up to the next resistance area.
This is the product of two potential outcomes.
1. BTC declines while LTC remains flat.
2. LTC gains while BTC price remains flat.
LTC/USDT Big Movement Incoming ?? Litecoin Today Analysis💎Hello Paradisers, here's a token to keep on your radar!
💎LTC might be gearing up for a retest around the $81 mark before potentially diving further and breaking its demand zone. This area isn't just a demand spot for LTC but also a bullish channel's support.
💎However, the key is to observe the daily candle close. If LTC concludes its daily trade beneath the bullish channel's support, it might swiftly descend, shattering the demand and heading toward the Bullish OB.
💎It's essential to note Bitcoin's influence on altcoins. Currently, BTC seems poised to dip towards the FWB:27K -$28k bracket, coupled with a rise in BTC dominance.
💎This isn't a great moment for altcoins. When BTC drops and its dominance surges, altcoins typically face a downturn.
💎My advice? Exercise patience and await clear signals. However, if LTC manages to hold its ground within the demand and bullish channel support, consider a buy-only post-LTC's breach of the Lower high at $85.5 and a subsequent close above it.
A big breakdown looming?Litecoin is again catching our attention as it is approaching the lower bound of the pattern we introduced in late June 2023. If the price breaks below the lower bound, it will be bearish for LTCUSD in the short term, and we could see a further breakdown in the price. In such a scenario, we would not be surprised to see it drop below $70. As a result, we are on high alert.
Technical analysis gauge
Daily time frame = Bearish
Weekly time frame = Slightly bearish
*The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Litecoin Macro outlook vs USDI've been seeing lots of LTC, hopium bullish into the halving, tweets.
Well, the reality is that when the 12 and 21 EMAs cross to the downside on the weekly chart, it tends to be very bearish for Litecoin.
Arrows are presenting those crosses, and you can see the downside that happens after the crosses happen.
On average, the downside is 58%.
That would mean that Litecoin could bottom somewhere around $25-35, if the cross happens.
Usually, Litecoin's pre-halving pump tends to be over 3–4 months before the halving(the halving is happening in August), which is another indicator that LTC topped.
But there will be sunshine after the rain.
Those lows would mean that LTC hit the generational bottom, and at the same time, the BTC pre halving hype will start.
That is when Litecoin and Bitcoin tend to proceed into a multiyear bull market, which will be led by Litecoin.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
Litentry (LIT) forming a bullish Shark for upto 28.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT) with US Dollar pair.
Previously we caught a nice of LIT as below:
Now on a 4-hr time frame, LIT is about to complete a bullish Shark move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
LTC : Likely Repeating 2020 Fractal 📈Hi Traders, Investors and Speculators of Charts📈📉
LTCSDT / Litecoin is looking ready for another bullish cycle after a clear completion of the Elliot ABC correction Waves.
We see a very similar pattern playing out during 2020 and it gives us a good idea of what to expect from LTC before another parabolic rally.
While you're here 👋 Check out this idea on CRV :
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CRYPTOCAP:LTC BINANCE:LTCUSD.P BYBIT:LTCUSDT COINBASE:LTCUSD BINANCE:LTCUSDT
#LTCUSD- LONG BIG MOVE TARGETING 106!-After a months of bearish and seller control price recently have shown the bullish reversal, potential a long bull trend has began. Price bounced at the daily external liqudity zone.
-Our first target that we are aiming is 106 however if we break that trend then it will be an indication of the long run.
-Trade will be activated once it shows some retracement so we will have a spot on entry.
-If you like the idea, do let down your views in comment.
LTCUSD Will Go Higher! Buy!
Take a look at our analysis for LTCUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 84.13.
The above observations make me that the market will inevitably achieve 90.56 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
"Litecoin halving" took place. Where will the LTC price go?Yesterday, on 02.08.23, "LTC halving" took place on the 840000 block. Now the reward for a mined block has been halved, from 12.5 to 6.25 LTC.
Given that yesterday the cryptocurrency market made several attempts at correction, the LTCUSDT price did not show any "independence" and also adjusted downward.
Now, the LTCUSD price has approached the potential buy zone of $79-86. The medium-term outlook is for growth to $130-136 in the blue scenario.
However, it is worth remembering that after the two previous "LTC halving", the LTCUSDT price moved against the logic: decreasing supply = increasing price.
We described more about the LTCUSD price movement after the halving here:
Therefore, we have a critical level of $79.
If the LTC price consolidates below it, the red scenario will be activated. And this scenario implies a long descent of the Litecoin price down to the strong liquidity zone of $47-56.
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LTCUSDTHello guys...
as you can see the ltcusdt formed an ascending trendline so we assume it would be bullish in the few next weeks.
on the other hand, this coin formed a Quasimodo pattern as well so the blue area is great for getting a long position!
the target is $95.5!
Probability of success=67%
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always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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45m: $LTC - Beautiful; Trendline BustedHey y'all. Lets just appreciate how beautiful LTC looks this fine Saturday.... ;)
Jokes aside, LTC can busted through the local trendline on the 45min time-frame and is now breaking above the local demand line and is getting some nice follow through from the bullish divergence i.e the RSI.
LTC is looking pretty good compared to some of the other coins and its price movement/structure is a lot more appealing when trying to size up the asset and make a better judgment on where she might go.
However, we must get confirmation via a backtest of the local demand line in order to feel a lot more confident IF one was going to put in a position.
These are just my opinions and me just charting pretty things on a saturday night.... ;)
Later traders
/r
-B
LTC/USDT possible Scenarios? 👀 Litecoin Today Analysis💎 LTC is making some intriguing moves. We've observed that it has effectively mitigated the previous Order Block (OB) and, in response, embarked on a downward journey.
💎 Currently, the price seems likely to continue its downward trend, as we have an OB at $81.59. LTC might initiate a bullish move from this point.
💎 Another factor to consider is that if the price fails to take a bullish turn from the $81.59 level, it could re-enter the supply area again at $70.82.
💎 The $70.82 level is of utmost importance because there's no more liquidity beyond that point. A bounce back from this area could set the stage for a bullish move.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
LTC/USD OUTLOOK FOR THE NEXT BULL RUN 👀🇬🇧 For the moment the halving is manifesting itself as a "Buy the rumor, Sell the news"
In my view I believe we will see a -40% decline over the next 6 months and complete the symmetrical triangle. Waiting for interesting buying areas, ideally 55/65
Long-term target (2024) 330, any price spikes would also bring it to around 500. It is always an altcoin of dubious utility to be taken with a grain of salt.
🇮🇹 Per il momento l'halving si sta manifestando come un"Buy the rumor, Sell the news"
A mio avviso credo che assisteremo a un calo del -40% nei prossimi 6 mesi e completeremo il triangolo simmetrico. Aspettando aree interessanti di acquisto, idealmente 55/65
Target di lungo periodo (2024) 330, eventuali spike di prezzo lo porterebbero anche intorno ai 500. Rimane sempre un altcoin dalla dubbia utilità' da prendere con le pinze.
Litecoin may lose more valueLitecoin may see further downward pressure in the coming days if it breaks the yellow resistance line which has been hit many times before, also currently the US stock market is selling off so big players might sell cryptos to have more liquidity, cover the margin call, or ......
This chart is COINBASE:LTCEUR but also you can draw the same line for $LTCUSD.
What is the adage? Don't try to catch a falling banana or cat or something whatever.
I am not short but I'll wait to buy back at a lower price.
#LTC/USDT 1D (ByBit) Symmetrical triangle breakout and retestLitecoin is pulling back to 100MA support when it seems likely to bounce and resume bullish.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.4X)
Amount: 5.0%
Current Price:
93.07
Entry Zone:
92.71 - 88.49
Take-Profit Targets:
1) 103.31
2) 112.87
3) 122.44
Stop Targets:
1) 79.97
Published By: @Zblaba
CRYPTOCAP:LTC #LTCUSDT #Litecoin #PoW #Halving
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
litecoin.org
LTC: Support BreakoutLitecoin (LTC) technical analysis:
Trade setup: Following a breakout from a Symmetrical Triangle, price reached $115 resistance where it got rejected. Now it’s broken back below 200-day Moving Average (~$90), which puts the uptrend at risk. We need to see the price regain that level to signal uptrend resumption, with upside to $115.
Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $90, which it broke, then $80. The nearest Resistance Zone is $105, then $115.
Litecoin LTCUSDT Price Analysis (4h)📊🚀 Litecoin (LTC) Price Analysis 📈💹
Litecoin is currently consolidating near a critical support zone at $86-85, presenting a crucial juncture for traders. 🔄 The price has the potential to break out towards the target at $95, offering an opportunity for bullish momentum.
However, it's important to remain cautious, as there is also a possibility of a bearish breakout that could lead prices towards the $77 level. 📉🐻
Stay vigilant and closely monitor the price action for potential trading opportunities. Happy trading! 🚀💰