Get started

Litecoin (Cryptocurrency)

LTCUSDsimple bull flag setup pre halving by 10days or so so catalyst/narrative trade.. might be to crowded a trade.. or might do something wierd towards the end of the monthly candle before the aug2 halving hasnt even broken out yet but weekly candle looks like it wants up this or next week... only suggestion it might break out is the small reversal styled 1hrly candle and that it had a couple of impulses up from the 90~low so not a super safe bet by any stretch but the setup is there..
by olliecoughland
3
LTC Halving in under 2 weeks! An overview of previous occurences The next halving of Litecoin is set to occur on August 2, 2023, where the block reward for mining LTC will be reduced by 50% from 12.5 LTC to 6.25 LTC. This means that LTC miners will receive half the number of LTC for their mining efforts, effectively controlling the inflation rate of LTC and manage its supply over time. Like #Bitcoin, #Litecoin operates on a deflationary monetary policy. Most traders view this as a bullish event, but as the chart shows, the halving event is a known event , and has likely already been priced into LTC's current price. During past halving events, we can see that price started rallying a couple months in advance of the halving. For example, the first LTC halving occurred on August 25, 2015 , however the price actually peaked and had a blow-off top in June 2015. From the previous cycle low, it rallied close to 274% before declining 42% post-halving. The next halving occurred on August 5, 2019. Once again we see that price actually peaked a couple months prior, in June of 2019. From the cycle low of that year, LTC rallied 440% to a high of $150 before again experiencing a blow-off top and declining 75% back to $35-40. Although there is not a lot of historical data to go on, we are experiencing a similar situation now,. From low earlier this year of $50 , price rallied 125% to a peak of around $115 a couple of weeks. Last week LTC declined by -16%, and with two weeks to go before the next halving I do believe we have seen the top for now. Going by prior iterations, we could see even further price depreciation, perhaps back to the range lows of $75.
BITFINEX:LTCUSDShort
by bfridman8989
3
🔥 Litecoin Halving In Two Weeks: Bad News For Holders! 🚨In this analysis I want to take a look at the upcoming LTC halving event and the impact it has on Litecoin's price. I chose to plot the LTC/BTC chart since it give a perfect view of the relative performance of Litcoin against the top crypto Bitcoin. A rising value means that LTC gains against BTC, and a declining line means that LTC loses value against BTC. We can deduce a couple of interesting things from this chart. - The LTC/BTC value always sees some kind of pump in the last 6 months to the halving. Furthermore, the LTC/BTC value tops well before the halving actually takes place. - After the LTC halving, the LTC/BTC value has (thus far) never continued to increase in value after the halving. Actually, the halving was always the start of a very long bear trend. Seeing the above, we can assume that the LTC halving will NOT have a positive impact on Litecoin's value against BTC. Sure, LTC can see an increase in value, but BTC will most likely outperform LTC. Use this info to your advantage. Share your thoughts in the comments 🙏
Short
by FieryTrading
13
Litecoin has turned negative.Litecoin - 24h expiry - We look to Sell at 97.78 (stop at 101.38) Bespoke resistance is located at 98. 97.85 has been pivotal. Short term bias has turned negative. The trend of higher intraday lows has also been broken. Preferred trade is to sell into rallies. Our profit targets will be 88.78 and 86.78 Resistance: 93.00 / 95.00 / 98.00 Support: 89.12 / 88.00 / 86.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:LTCUSDShort
by VantageMarkets
Litecoin: Bull Market TargetsWhen CRYPTOCAP:TOTAL and CRYPTOCAP:TOTAL2 enter their bull markets, large capital will look for save havens to increase their purchasing power. While Bitcoin has proven time and time again to be an amazing hodl after the accumulation phase, it's R:R is reaching diminishing returns. Major Altcoins that have proven the test of time, like Ethereum and Litecoin, will start to get more attention during these bull markets as a safe place to massively increase purchasing power. Cross referencing Charlie Lee's Tweet, and the levels he's suggested vs Bitcoin, paint a very logical target for pattern and range traders anyway. So, post halving - and into any liquidity events (COVID19, FTX Collapse etc as examples) - I will be looking to bag up Litecoin.
Long
by The_Paradoxed_Prophet
Litecoin (LTC) formed a bullish Gartley for upto 34% moveHi dear friends, hope you are well and welcome to the new trade setup of Litecoin (LTC) with US Dollar pair. Previously I shared a long-term trade signal for LTC, which is still in play as below: Now on a daily time frame, LTC is about to complete another bullish Gartley 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.
Long
by moon333
✏️ $BTC : Big PUMP or DUMP ? (READ THE CAPTION)By analyzing Bitcoin in the daily time frame, we see that the price has been trading in a netural zone in $30,000 for the past 3 weeks! This area was one of the important supply zones that we expected to react to and this happened several times, now the price will probably start its next movement between 1 and 7 days and this movement will probably be powerful! The first scenario is maintaining the support of $30,000 and moving and stabilizing above $32,000. If this happens, I believe that the price will grow to $37,600 to fill the liquidity viod (LV) that was created a year ago! Otherwise, the next scenario will happen when the price loses the $30,000 support, and in this case, the price will probably fall to $26,700 as the first target! Consider these scenarios! This analysis will be updated! Don't Forghet To Push The Boost (Like) Button and Follow Me for more ! Best Regards , Arman Shaban
COINBASE:BTCUSD
by ArmanShabanTrading
10
Litecoin to break the trend of higher lows?Litecoin - 24h expiry - We look to Sell a break of 90.68 (stop at 93.88) Trend line support is located at 93.00. Prices expected to stall near trend line support. A break of the recent low at 90.85 should result in a further move lower. The medium term bias is neutral. There is no clear indication that the downward move is coming to an end. Our profit targets will be 82.68 and 80.38 Resistance: 94.07 / 95.50 / 98.00 Support: 93.00 / 91.50 / 89.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:LTCUSDShort
by VantageMarkets
LTCUSDT to hit weekly support and bounceThe price hit the monthly and weekly resistance confluence MR1+WR1 and got rejected from there. Currently the price is facing pullback due to that rejection. Next signifiant support is the weekly support where the price is likely to be headed. I expect the price to touch this weekly support zone for a good bounce. By the way, prospect of this one is looking good as it has pushed itself up strongly and moved beyond the downward trend line. The next strong support level is weekly support WS2.
Long
by angela_altair
Litecoin LTCUSDT Price Analysis (4h)Greetings, fellow traders and investors of @TradingView 📈🚀 Let's delve into the analysis of Litecoin (LTC) and explore its recent price action on the rising trend. 📊✨ Over the past 30-day period, Litecoin has displayed a consistent upward movement, indicating a well-defined rising trend. Upon closer examination, we can observe the formation of an Elliott Wave pattern, specifically the 1-2-3-4-5 wave structure. This pattern suggests a completed impulse wave and indicates a potential period of consolidation for Litecoin. 🔍 It is crucial to understand the Elliott Wave theory and its application in technical analysis to grasp the potential implications of this pattern fully. Further insights can be found in comprehensive book Elliott Wave Principle: Key to Market Behavior by Robert R Prechter. 👀 As Litecoin enters the consolidation phase, we anticipate a potential pullback towards the support zone in the range of $85 to $90. This area is a critical level where historical price action suggests strong buying interest and the potential for a rebound to the upside. 📉 However, it is essential to approach trading and investment decisions with caution. Market conditions can be dynamic and subject to unexpected changes. Setting appropriate stop-loss order and employing risk management is crucial to protect capital effectively. 📚👩‍🏫👨‍🏫 Stay informed and up to date with the latest market analysis and trading strategies by exploring our comprehensive resources on various trading concepts and techniques:
by Vestinda
4
LTC - 2023 Halving playThe first LTC bottom took place 224 days before it's first halving, and it pumped ~800%. It topped out around 40 days before the halving, and subsequently dropped around ~75% in the months that followed. The second bottom took place 245 days before it's second halving and it pumped ~600%. Once again, it topped out around 40 days before the halving, and subsequently dropped around 85% in the months that followed. If this pattern plays out a third time, I predict the following: 1. LTC will reach it's bottom around ~235 days before it's next halving, some time in late December of 2022 and early January of 2023. 2. It will bottom out between $25 - $30. 3. It will top out between $110 - $130 in early July of 2023. 4. It will subsequently drop back down to low $30s in the months that follow.
BINANCE:LTCUSDLong
by fritzz
2
LTCUSDT Rallies 38%, PULLBACK LikelyHi Traders, Investors and Speculators of Charts📈📉 We are seeing a correction on LTCUSDT after a 38% increase and it's time to secure those profits! LTCUSD is likely to correct to the next immediate support zone where you can either 💥take a swing trade and short, or 💥 wait and accumulate more at the demand zone back in the $90's Previous Litcoin Update : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck _______________________________ COINBASE:LTCUSD CRYPTOCAP:LTC BINANCE:LTCUSD BITFINEX:LTCUSD KRAKEN:LTCUSD BINANCE:LTCUSDT KRAKEN:LTCUSDT POLONIEX:LTCUSDT PHEMEX:LTCUSDT
Short
by CryptoCheck-
25