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Litecoinanalysis

Litecoin Technical AnalysisFxNews —Litecoin is on the verge of forming a double-bottom pattern on the 4-hour chart. From a technical perspective, the uptrend would resume if LTC/USD closes above the immediate resistance at $69.00. In this scenario, the next bullish targets could be $71.30, followed by $72.80. Conversely, if bears push Litecoin below the critical support at $67.00, the downtrend would resume. If this scenario unfolds, the next bearish target could be the $65.40 support.
COINBASE:LTCUSD
by FxNews-me
LTCUSD Lite Coin Bullish Side Robbery PlanMy Dear Robbers / Traders, This is our master plan to Heist LTCUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
COINBASE:LTCUSDLong
by Thief_Trader
LTCN Discounts were in, Will the PARABOLIC Premiums come back?It is amazing how well grayscale litcoin performed during the last bull market, I hope everyone took profit. All time highs was around $500 and was selling for around a 6000% premium. Can we truly go parabolic after January 10th, 2024 when the sec finally approves a bitcoin spot etf, and imagine getting some type of premium back during the bull market after btc halving. Props to the people who watched this during the bear market while looking for small sideway movements during two months and started accumulating on the way up from 2$ to around $17.87 at the time this chart was created.
OTC:LTCNLong
by AznSteel
Everything you need to know about Litecoin Halving👨‍🏫Hi everyone👋 (Reading time less than 5 minutes⏰) . In this post, I tried to share all the information you need about Litecoin Halving. (in terms of Fundamental and Technical ). 📚First, let's learn more about Halving and especially Litecoin Halving .📚 💡 What is a block-halving event ❗️❓ As part of Litecoin's coin issuance, miners are rewarded a certain amount of litecoins whenever a block is produced (approximately every 2.5 minutes ). When Litecoin first started, 50 litecoins per block were given as a reward to miners. After every 840,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2142 ). As of now, the block reward is 12.5 coins per block and will decrease to 6.25 coins per block post-halving. 💡 Why was Litecoin Halving done ❗️❓ Litecoin was designed as a deflationary currency . Like gold , the premise is that over time, the issuance of litecoins will decrease and thus become scarcer over time. As litecoins become scarcer and if demand for them increases over time, Litecoin can be used as a hedge against inflation as the price, guided by price equilibrium, is bound to increase. On the flip side, fiat currencies (like the US dollar) inflate over time as its monetary supply increases, leading to a decrease in purchasing power. This is known as monetary debasement by inflation. A simple example would be to compare housing prices decades ago to now, and you'll notice that they've increased over time! 💡 What is the Litecoin Halving History ❗️❓ Litecoin has had two halving events already - one in 2015 and another in 2019 . In turn, while the block mining rewards were 50 LTC in 2011 when Litecoin was created, they are currently 12.5 LTC per block, and after the 2023 LTC halving, they’ll be 6.25 LTC. 💡 When is the Next Litecoin Halving ❗️❓ The next Litecoin halving date is expected to be 02 Aug 2023, 17:19:28 UTC . -------------------------------------------------------------------- 📈 Technical : Now that you have obtained the required information about Litecoin Halving, let's look at the technical chart conditions when the halvings happened. If you pay attention to the chart, you will notice that Litecoin always starts to grow and break the downtrend lines a few months before the Halving of Litecoin happens. In fact, when Litecoin Halving happens, Litecoin is in a downward trend . The beginning of the decline of Litecoin from the time of the price peak to the time when the halving of Litecoin took place in the previous two halvings was about 49 days , and if there is a similar happen in this halving, the price peak is expected in the next week or two and in the 🔴 resistance zone($150-$132) 🔴. In fact, Litecoin's price increase is likely to be similar to the previous halving and is accompanied by a fake breakout of the 100-SMA . The price drop seems to happen in such a way that the Uptrend line breaks down for a few weeks, but the price starts to grow again; of course, we have to check the cryptocurrency market conditions at that time. In general, if we look at the weekly chart of Litecoin , there is a possibility of forming an ascending triangle in the long term. What is your opinion❗️❓ -------------------------------------------------------------------- According to the explanation above, do you think that the movement of Litecoin is like the previous two halvings❗️❓ Litecoin Analyze ( LTCUSD ), Weekly time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BINANCE:LTCUSD
by pejman_zwin
34
Litecoin halving soon. How the LTC price will react?Today, let's look at what is happening on the LTCUSDT chart In 33 days, LTC Halving will take place, which means that the reward for a mined block will be halved. Previously, before the two previous halvings, which occurs every 4 years, the LTC price peak was reached 40-42 days before the halving. We described it in more detail here: This year, it seems that this pattern has been broken. For more than 4 months, the LTCUSD price has been in consolidation, twice entering the buy zone, which was also mentioned in previous ideas, and then the price bounced up sharply from there. Therefore, it seems more likely to us that the Litecoin price will break out of this consolidation to the upside. For ourselves, we have set a price range of $128-136 as the first place where we could cover some of our longs and take profit on medium-term trades. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
46
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 Down 14%, LTC In A $10 RangePast Performance of Litecoin Litecoin prices are higher when writing but remain under pressure. As an illustration, the coin is within the bear bar of April 26, and trading volumes are low. At the same time, prices are anchored by the bear bar of April 19 that continues to shape the current formation. Support lies at around HKEX:85 while resistance is at HKEX:95 , or April 16 highs. #Litecoin Technical Analysis Sellers are in charge of a 54% surge from mid-March 2023. For now, LTC is down 14% from April peaks, and more could be on the horizon. Notably, the coin is in range inside a tight HKEX:10 zone. Because of this, price action suggests that sellers are in control, provided prices are below $95. Meanwhile, a clean breakout below HKEX:85 will confirm losses of April 19. The emerging trend would shape the short-term trend as LTC would likely flash crash to HKEX:70 in a retest. What to Expect from #LTC? The present consolidation validates the downtrend since buyers are yet to reverse losses of the second half of April. As prices move sideways, the odds of the coin dipping below HKEX:85 is amplified. Resistance level to watch out for: HKEX:95 Support level to watch out for: HKEX:85 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#Litecoin Prices inside a Bull Flag with Resistance at $95Past Performance of Litecoin Litecoin prices, like BTC's, are consolidating. For LTC, the coin has resistance at $95 with support at $87, as defined by the bull bar of March 23. Besides $87, the middle BB is a dynamic support level defining the uptrend. Therefore, as prices move horizontally, the uptrend remains unless there are sharp losses confirming the losses of April 6. #Litecoin Technical Analysis From the daily chart, prices are inside a falling wedge with resistance and support shaped by the bar of March 23. The result is a bull flag, with traders still bullish from an effort versus result perspective. This is because prices are still within the bullish engulfing bar of March 23, a candlestick with high and wide-ranging trading volumes. As such, unless there is a breakout above $95, traders might look for entries on lower time frames, loading on dips above $87. Any loss below $87 may see LTC dip to $75 and even March 2023 lows. What to Expect From #LTC? The uptrend remains, but market participants are apprehensive despite the Litecoin halving event around the corner. For now, immediate support levels are critical, and how prices react will shape the short to medium-term price action. Resistance level to watch out for: $95 Support level to watch out for: $87 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#Litecoin Remains in a Bullish Frame, LTC May Rally To $120Past Performance of Litecoin Litecoin remains bullish, looking at the performance in the daily chart. Even though the immediate trend favors sellers, prices are defined by the bull bar of March 23. Buyers have the upper hand from an effort versus result perspective. Still, for uptrend confirmation, LTC must break above $95 and, ideally, $120. #Litecoin Technical Analysis From the daily chart, buyers are confident of what lies ahead. There are lower lows relative to the upper BB, signaling fizzling upward momentum. Still, with prices inside the bull bar of March 23, buyers have a chance. This is valid as long as prices are above $85. A break above $95 with rising volumes may see LTC float toward $100 and $120. Conversely, any dip below $85, forcing prices below the anchor bar, might see LTC drop to $75 and later March 2023 lows in a retracement, aligning with bears of the second half of February. What to Expect from #LTC? Traders can wait for trend definition above $95. Although there have been higher highs in recent days, prices have been in consolidation. Therefore, any break above $95 might be the beginning of another leg up toward $120, cementing the bulls of March 23. Resistance level to watch out for: $95 Support level to watch out for: $85 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
1
#Litecoin Trends Higher, LTC Resistance at $90Past Performance of Litecoin Litecoin remains firm at spot rates. Even though bulls failed to follow through and push the coin above the current consolidation, the uptrend remains, considering their push yesterday. The immediate resistance remains at $90, marking the top of the current expanding wedge. #Litecoin Technical Analysis Despite recent gains, bulls must edge above $90 for a trend continuation. Should that be the case, buyers will confirm yesterday's gains, setting the pace for another leg up toward $100. This will be a massive development for optimistic buyers who need to shake off bears and steer away from solid support at $75 following losses of early March. In that case, conservative bulls can wait for a clear definition in the immediate term, aware that gains above $90 might see LTC float to $100. Conversely, a sell-off below $75 might force liquidation back to December 2022 lows at around $60. What to Expect From #LTC? The direct correlation between Bitcoin and Litecoin might negatively impact LTC in the short term. This is because BTC is already under pressure and cooling off. Still, how prices react at $90 will shape the immediate to medium-term trajectory of the Bitcoin silver. Resistance level to watch out for: $90 Support level to watch out for: $75 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#Litecoin Strongly Rejects Bears, LTC Uptrend Anchored At $65Past Performance of Litecoin Litecoin is up 24% in the past three days, tracking higher, and aligning with the primary trend. Buyers are in control, bottoming from recent lows, a bullish development for holders. In the short term, the coin has support at $65. Meanwhile, resistance lies at around $90. #Litecoin Technical Analysis The path of least resistance is, from a top-down preview, northwards. From the daily chart, there is a double-bar bullish formation. Specifically, the bull bar of March 12 is bullish engulfing and with rising volumes. Subsequent confirmation yesterday solidifies the bullish outlook. Per this formation, traders can load the dips, targeting $90 in the short term. This preview will only change should LTC drop below $65, the 78.6% Fibonacci retracement level of the November to February 2023 range. Losses below this line may see the coin fall to Q4 2022 lows. What to Expect From #LTC? Traders are bullish, and LTC prices may continue inching higher in the short term. The next target is at $90, flashing with February 2023 lows. Further gains may see Litecoin expand above the February range to print new Q1 2023 highs. Resistance level to watch out for: $90 Support level to watch out for: $65 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer