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Litecoin (Cryptocurrency)

Litecoin to follow Bitcoin gains?Litecoin - 24h expiry - We look to Buy a break of 79.51 (stop at 77.11) We are trading at oversold extremes. A higher correction is expected. Bullish divergence is expected to support prices. 79.34 has been pivotal. A break of the recent high at 79.34 should result in a further move higher. Our profit targets will be 85.51 and 87.51 Resistance: 77.95 / 79.34 / 81.00 Support: 75.76 / 75.00 / 73.20 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
VANTAGE:LTCUSDLong
by VantageMarkets
1
Litecoin bullish wave can't be ignored!! 👀 🚀LTC Today Analysis💎LTC is currently on a promising trajectory, forming an ascending channel, and there's a strong possibility it might continue to follow the Elliot Wave pattern from 1-5. 💎It's trading in a high-demand zone, which further bolsters the bullish outlook. 💎keep an eye on the lower low area - if the price breaks below this, it could signal a shift out of the bullish momentum. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
Long
by MyCryptoParadise_Simon
2
LTC: 🦝 Entering the Halving Cycle First 🌓Litecoin Sees 55% Increase In New Daily Addresses As Bullish Sentiment Grows: Bullish sentiment around Litecoin has been on the rise as the network is drawing closer to its much-anticipated halving event. This positive sentiment is reflected in the number of new daily addresses on the blockchain, which has seen a significant rise over the last week. Understanding Upcoming Litecoin Halving: Litecoin’s halving is set for August 26. In anticipation, wallet addresses and active users are skyrocketing. Historically, price action has always followed halvings – but predicting when is tricky. Halving events in cryptocurrency always garner a lot of attention with their rarity and impact to supply and demand. One of the older coins will have its fourth-ever halving in the coming weeks. Litecoin, along with another major coin – Bitcoin – always has price action conversations attached to the halvings that have come before. Patterns seem to point to price rises following a halving, but the timing of the rises is difficult to predict. Historical data reveals that previous Litecoin halvings did not immediately result in significant price surges for LTC. After the 2015 halving event, the price of Litecoin remained relatively steady until the middle of 2017, when Bitcoin embarked on a remarkable bull run that dominated the markets during that time. Similarly, the second halving also led to a period of price stability before the broader cryptocurrency markets experienced a bull market in 2021. 🦝To my buddy Dave aka the Raccoon.... and future (maybe) partner to be. One Love, The FXPROFESSOR🌓 links: www.newsbtc.com dailycoin.com
Long
by FX_Professor
6
Is it time to sell LTC as death cross just occured?As you may already know, a "death cross" occurred on the LTC/USD chart on June 19th, 2021. This is a technical analysis term that refers to when the 50-day moving average crosses below the 200-day moving average, indicating a potential trend reversal to the downside. This is not something to be taken lightly, as it could be a sign of further losses for LTC in the coming weeks and months. As investors, it is important to be aware of these indicators and make informed decisions about our holdings. Therefore, I am urging you to consider selling your LTC holdings currently. While it may be tempting to hold on and hope for a rebound, the death cross is a strong warning sign that should not be ignored. Of course, it is ultimately up to each individual to make their own investment decisions. However, I believe it is important to share this information with the community and encourage everyone to take a cautious approach.
BINANCE:LTCUSDShort
by bryandowningqln
Litecoin Long-Term Bullish: $270 Target in Next Bull MarketLitecoin Bullish Chart Analysis Litecoin (LTC) is currently trading at $77.50. According to a technical analysis by CryptoPatel, the price is expected to move 30-40% down from here before skyrocketing. The analysis is based on the rising wedge pattern, which is a bearish continuation pattern. If the price breaks down the rising wedge pattern, we could see a drop to $65 and $51. The analyst recommends buying Litecoin at $60-$65 or $51. The target price is $100 after hitting both buy zones. The next target is $270 in the next bull market. However, there is some risk in the short term. The price could break down below $51 and go even lower ( which will best buying price ). Therefore, it is important to do your own research before investing in any coins. Here are the key levels to watch: Support: $51 Resistance: $100 Disclaimer: This is not financial advice. Do your own research before investing in any coins. Additional notes: CryptoPatel is a well-known cryptocurrency trader and analyst. Technical analysis is the study of historical price movements to predict future price movements. Technical analysis is not always accurate, and there is always the risk of losing money when investing in cryptocurrencies. Follow us for More Quality Analysis. Thank you.
Long
by CryptoPatel
3
✴️ Litecoin | Recovery Or Fail? Consider The Bigger PictureThe main chart above is indeed what we are seeing... But weakness abound or at least the feeling of weakness and doubt is in the air. Maybe because it is Sunday? Or because we will see a crash tomorrow? Recovery or fail? Here is the fail version of this chart: To be honest, everything goes but many Altcoins already went through the "fail" pattern, the lower low. The weak ones already went lower, some broke even their June 2022 low/support. The strong ones remain high, in this case a higher low compared to the March 2023 support. We are open to all scenarios but the chart remains bullish for Litecoin as long as it trades above its March 2023 low/support. That is short-term. The bigger picture is clearly up. Namaste.
CRYPTO:LTCUSDLong
by AlanSantana
11
LTCUSDT ⚠️"Litecoin has lost three important and primary supports in its recent decline. There is one significant static support at a price of $75 and two trendline supports indicated by red and yellow colors on the chart. Currently, the price is below all three previous supports, and naturally, they will now act as resistances. In my opinion, if today's candle closes below these three lines, we should expect further decline and a fall towards the main trendline, represented by the green color on the chart. Therefore, today's candle is crucial for me, and if it doesn't return above the support lines, I will be looking for a selling point." ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
by Madoir
LTC long setup Buy/Long LTC Now. Litecoin is strong, and a halving is coming in 59 days, which is a very bullish signal. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Long
by bullstraders7
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 91.11 (stop at 89.11) The bullish engulfing candle on the 4-hour chart the positive for sentiment. Expect trading to remain mixed and volatile. The bias is to break to the upside. A break of yesterdays high would confirm bullish momentum. Daily signals are mildly bullish. Our profit targets will be 96.11 and 97.11 Resistance: 88.00 / 90.00 / 91.08 Support: 86.89 / 85.37 / 84.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
VANTAGE:LTCUSDLong
by VantageMarkets
1
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Litecoin (LTC) was one of Monday’s biggest losers, as prices fell by as much as 5%. Following a high of 96.36 on Sunday, LTC/USD sank to an intraday bottom at the 91.79 level. This drop sees Litecoin fall for a second consecutive session, after a false breakout of a ceiling at 96.00 prices were relatively overbought, with the RSI hovering close to a ceiling at 62.00, prior to the decline. Previous LTC bulls likely shifted their positions due to the proximity to the aforementioned resistance point. the index is now tracking at 52.00 after this sell-off, with a floor at 50.00 as a potential landing zone. Hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563