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Litecoin (Cryptocurrency)

LTC still looks correctiveBack on December 26, I said that my corrective target for LTC was around $90 and we've basically been moving up ever since then. We are nearing the wave 4 target, meaning a wave 5 should be coming. There's a simple trade setup here. You can short a move into $90 with a stop loss at the low on February 24 at $91.50 - Violation of that 91.50 area will weaken my bearish stance. I have to acknowledge (and you should, too), the red and white wave which are the highest timeframes on the WaveMaster indicator. We've only been in oversold for the red and white 3 times and each time led to a large increase in our good friend Litecoin. This is the only reason why I am cautious here. Could we see a bigger move up from here? Possible. From an EWT perspective, we should make another low and head back to $20-$30 at some point. That is where I'd be interested in buying long term. It could take longer to get there than you'd think.
COINBASE:LTCUSD
by bitdoctor
✴️ Litecoin | BULLS ConfirmedToday's Litecoin hits a new high and recently posted the highest daily close since May 2022. Extreme bullishness is the only way to define this chart as Litecoin is now trading above EMA300. Litecoin bulls confirms the bullish bias across the entire cryptocurrency market. Expect Cardano to continue rising. Expect XRP to grow strong. Dogecoin, Shiba, Ethereum, Bitcoin and all the altcoins as well. Next target $98, then $113, $130 and finally $190. Namaste.
Long
by AlanSantana
3
Litecoin shooting to $125.80 next thanks to a Cup of Tea?Well this has come to a surprise. We have our first LONG crypto trade line up for the year. Litecoin has formed a Cup and Handle over the last few months and recently has broken up and out of the brim level. The Moving Averages are looking perfect as 7>21>200 SMA. RSI is also above the 50% and broken above the negative divergence which is bullish. My first target is $125.80 Interesting facts: Litecoin is a cryptocurrency created in 2011 by Charlie Lee, a former Google engineer and is known as the "lite version of Bitcoin. It has a faster block generation time and a different hashing algorithm which is 2.5 minutes, compared to Bitcoin's 10 minutes. Unlike Bitcoins market cap of 21 million, the total supply of Litecoin is 84 million. It also falls in the top 10 cryptos - which considers it a safer investments than the others. Litecoin has been used as a testbed for Bitcoin's proposed upgrades and features, such as atomic swaps and the Lightning Network.
OANDA:LTCUSDLong
by Timonrosso
2
Joe Gun2Head Trade - Swing failure on LTCUSDTrade Idea: Selling LTCUSD Reasoning: Swing failure Entry Level: 83.04 Take Profit Level: 77.94 Stop Loss: 84.45 Risk/Reward: 3.37:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
COINBASE:LTCUSDShort
by Signal_Centre
4
LTC-USD : Assessing DemandI like what LTC could be ahead of its EoY forecasts.... this chart is a quick short term rally. Come Summer time the real festivities kick off. I will be adding LTC to the portfolio. I think its an excellent option for people who feel priced out of ethereum and bitcoin. The demand hasn't even really begun, anticipate steady demand & incremental climbs. Those who understand market will be able to leverage experience. Hypothetically bitcoin could go to 10k and i think consumer confidence would hold current pricing levels. Technicals signal strong buy.... and in discussions w/ peers we're in consensus on how good the return could be for LTC. I could see steady demand intensifying the closer we get too Q4. Temporary cooling periods are getting shorter and shorter. Those who understand Litecoin, will understand why we're climbing in steps. LTC loyalists know what time it is. Circle the months of June, & July.
Long
by BIG-BLACK-CRYPTO
Litecoin- Where to buy for 100 target?In my video from Sunday and yesterday, in my outlook for Bitcoin, I said that I've become bullish crypto market. Litecoin is not an exception and, in fact, I'm bullish on this coin since November when I first bought it at 50. My target for this coin remains 100 zone and with the price facing resistance at this moment, a correction could follow. This correction could offer us a good buying opportunity and 75 could be a great place considering a stop loss under 65.
BITSTAMP:LTCUSDLong
by Mihai_Iacob
23
BITCOIN - 12H Time Frame - 01.04.22NEW Update : As you can see, the market has not been following a specific trend for 2 weeks and is fluctuating in a range, according to the candles, I expect the price to experience an upward movement soon! The first target is the range of $17,000 to $17,350! The second important range for the potebtial reversal zone is $17,800 to $18,400 ! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 01.04.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
37