LTC/BTC - 4+ YEAR FALLING WEDGE - BREAKOUT IMMINENT Although this structure is far from perfect due to the lower line being violated multiple times, its formation has been going on for over 4 years now and has also been respected many times, and this structure is still in play due to the fact that there is no significant break to either direction, yet..
LTC/ BTC is approaching the end of the apex and will soon break in one direction. Due to the falling wedge being a bullish structure, the market in extreme fear, and a general bias that history will repeat itself with altcoins going off on a final explosive run before a prolonged crypto bear market, I favor a break to the upside, however with the current geopolitical environment I think that an argument that this will break to the downside is also reasonable, along with the crypto market as a whole and the stock market of course. Either way, the falling wedge pattern is known to have a high success rate in the event of a substantial break, so I think it is safe to say we will soon have a strong move in one direction, and whether you're looking to short or long the crypto/altcoin market, LTC will likely provide a decent move.
Litecoinbitcoin
Litecoin price analysis: LTC turns bearish, LTC/USD set to test Litecoin price analysis shows a bearish trend today. Litecoin’s current price is 104.37
Resistance has been tested at $110.1 but strong support lies at $100
Litecoin opened today’s daily chart with an increase of 5.69 percent, a bullish momentum. Litecoin price analysis in the last week has retraced to the $100 level. However, things turned bearish soon after as the prices dropped.
This week, Litecoin price analysis opened at the $95 level which is quickly closed with a 7 percent increase in just days. The current trend is still bearish and this week’s Litecoin news analysis may see LTC/USD testing the resistance at $150.The current resistance of Litecoin is at $108.03, a bullish trend line.
Litecoin at $100LTCUSD - Intraday - We look to Buy at 100.55 (stop at 96.58)
We look to buy dips. The immediate bias is skewed to the downside but, with this move assessed as being corrective, we would prefer to buy into the dip. Previous support located at 100.00. We look for a temporary move higher. Trading close to the psychological 100.00 level.
Our profit targets will be 111.81 and 116.50
Resistance: 110.00 / 120.00 / 130.00
Support: 100.00 / 90.00 / 80.00
Disclaimer – Saxo Bank Group. 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 any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and 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.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Litecoin to Retest Key Level?LTCUSD - Intraday - We look to Sell at 119.84 (stop at 124.75)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 120.00. 20 1hour EMA is at 119.00. The trend of lower highs is located at 123.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Our profit targets will be 106.40 and 102.40
Resistance: 120.00 / 130.00 / 135.00
Support: 105.00 / 100.00 / 95.00
Disclaimer – Saxo Bank Group. 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 any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and 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.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Litecoin: Ascending Triangle Break? LTCUSD - Intraday - We look to Buy a break of 143.42 (stop at 139.97)
A move through bespoke resistance at 142.00 and we look for extended gains. We look for gains to be extended today. Intraday signals are bullish. We are trading within a Bullish Ascending Triangle formation.
Our profit targets will be 153.22 and 159.62
Resistance: 142.00 / 150.00 / 155.00
Support: 133.00 / 125.00 / 120.00
Disclaimer – Saxo Bank Group. 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 any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and 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.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Will LTC take the rocket ship?I assume quite some people are waiting and hoping for Litecoin to moon, so do I. In my opinion it is the most underrated cryptocurrency in its most literal form.
I mean next to BTC and ETH, none of the altcoins have this kind of widespread adoption... and still, Bitcoins silver has almost been forgotten it seems. Unfortunately...
So the question remains, will this pretty Crypto Coin rocket anytime soon?
Honestly, I do not know and I guess nobody really knows. So lets have a look at the chart.
Actually the Chart looks amazing for a Buy in, I mean just look at the RSI -> Beautiful!!!
I think we will see very soon whether we´ll take the green pill or the red pill. In any way, there are some crucial resistances we have to overcome.
The first one being the red horizontal line ---> very important to crack this one soon, otherwise this will be our show stopper and we will follow the red path to the bottom of the purple channel.
The second one can be done in time, no need to rush ---> reaching the green box is a vital sign, especially by mid of 2022.
If everything goes according to the plan, we should be at the upper part of the purple channel by the end of 2022. (Cheese, I hope we moon by 700% by that time)
In any way, IMO Litecoin deserves a spot at the top 3, not a single spot less. But yeah, unfortunately my opinion doesn´t mean sh** to the market.
Do me a favor, treat my opinion the same way and DYOR. This is no financial advice.
What do you think will happen to LTC? Do you even like Bitcoins little Bro?
Best Regards,
Thatwalletguy
www.wallet-vergleich.de
LTCUSD: Why should we love Litecoin too? 😃 Hello my friends!
Why is Litecoin a good addition to Bitcoin? Litecoin has Lightning for instant transfer and Atomic Swaps for cross-blockchain trading. Litecoin is a pure cryptocurrency like Bitcoin. It was created based on the Bitcoin protocol. It has a low block time and low transaction fees. Litecoin is one of the most widely accepted cryptocurrencies, because of its speed and cost-effectiveness. 100% uptime. Around 67 million LTC have already been mined. The maximum is 84 million (year 2140).
It is interesting to see how the Litecoin price behaves before and after halving.
That's why I've included Litecoin's halvings in the chart. Of course, Litecoin is also dependent on Bitcoin dominance, but it always seems to behave like a cup with a handle. The halving is in nearthe middle in terms of time. It is also interesting that a first upward movement ends at 1,618 to then reach the halving top in the area 3,618/4,618. Accordingly, the halving top this time could be at around 2,500 USD, but at least at 1,000 USD imo.
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Let's see what happens.
Happy trading. :-)
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Slight modification to the LTC chartKRAKEN:LTCUSD
One of these two will play out. Just need an entry now😥
Consider a Donation:
BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC )
ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC)
USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20)
bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441
I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
LTC Big Move Coming??!looking at the Litecoin BTC chart and you notice a lot of price action against this downtrend support/resistance, we are currently right on this resistance and we seem to be slipping below this level, now i think we could see a potential drop in sats, we gotta be careful treading along the bottom of the bollinger bands, this could very well induce a pullback if we continue to ride the bottom. Something you notice on the bollinger bands is that we are beginning to squeeze which means volatility is shrinking and we could be in for a big run, now the only problem is that we don't get an idea of which direction, personally i think we will see the move to the upside just based on the fact that the market is waking up again and getting back into bullish mode. Looking at the pivot points we definitely have some work to do, we need to get up and above this bullish pivot point where we could get an overall trend reversal because its clear we are stuck in a downtrend since late May. Checking out the MACD we are looking a little bearish, we are coming up soon on what looks like a bearish cross unless we see an unlikely bounce, our histogram is getting close to that midpoint where we could soon see some red bars, i think this will likely be a short term pullback if we see one and then i imagine we will see LTC start to wake up a bit, very key is first of all reaching that pivot point and staying above that and also not getting stuck under this downtrend resistance! Not financial advice just my opinion!
LITECOIN PARABOLIC 0.025 LTC/BTCEnglish:
Litecoin is the sleeping giant. Starting in December Litecoin will start to rise quite a bit In the previous halving it has touched 0.025 LTC / BTC and a parabolic pattern has been created.
Litecoin may take longer to rise than other cryptocurrencies but it is inevitable that it will end up rising and when it does, you wish you were inside.
Español:
Litecoin es el gigante dormido. A partir de diciembre, Litecoin comenzará a subir bastante En halving anterior ya tocó 0.025 LTC / BTC y se ha creado un patrón parabólico.
Litecoin puede tardar más en subir que otras criptomonedas, pero es inevitable que termine subiendo y, cuando lo haga, desearía estar dentro.
Litecoin has massive pump potential LTCUSDon the LTCBTC chart the 1.618 fib level is a point of interest, where price will likely be rejected bullishly with aggression
As has been observed in the past
On the USD pair a Golden cross has been recently observed, the previous golden cross on LTCUSD led to the ATH
Will we see ATH this year? likely.
Deathcrosses in red, golden crosses in green
(1) is a comparison point of very similar price action
LTC about to takeoff against BTC!!!Litecoin has been getting held down heavy with this downtrend resistance and today we are seeing a big push up and through this resistance, we could be seeing the start of LTC really starting to regain its value against bitcoin. We got a very nice bounce with the MACD our blue MA is pushing higher and starting to separate away from the orange which is a very positive sign for a nice little run. We could see our histogram start another cycle of bullish bars after we saw a pretty brutal 3 cycle bearish histogram recently. We are upcoming on a very key pivot point where we could see a flip to the bulls side, we have to make sure we secure this PP and are able to hold onto it before i could really say we are seeing a full reversal. On the very positive side we are looking at the bollinger bands and we are very close to that top band which 99.9% of the time is a very bullish sign. if we can push up into the top band we have a high chance of taking that top band for a decent ride to the upside most likely smashing us right through that pivot point and probably upto that first resistance level, i think we are going to have a bit of a slow rest of the month for crypto and mostly altcoins but i believe we could be seeing the start of the build up before we see our next leg up, which i personally think could happen in august. Not financial advice just my opinion!