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Litecoinforecast

Litecoin looking for a breakout against BTC!Litecoin has been really struggling as of late with us continuing to push down following this descending channel, one positive we have seen is that we have broken up into the upper half of the channel, but we still can't seem to breakout! We could be looking at a breakout sooner than later, looking at the bollinger bands we seem to be also stuck underneath the midline which as of right now acts as resistance, if we are going to move anywhere to the upside we need to see a strong push above this level and sort of target that top band so we can take it for a ride upwards. The MACD looks to be coming to an end of this current bearish cycle we see the blue MA pushing upwards looking for that bullish cross, i figure we will see this in the next couple days but we have to watch for a healthy histogram and healthy separation in the MA's! The Wavetrend aswell seems to be coming out of its little bearish cycle, we are seeing the wave starting to push back up, but we definitely still have some work to do like making sure we can fully cross that midline without any hold ups! Overall looking pretty good for LTC which tends to lag behind the rest of the market, looking for a breakout in the coming days/weeks! Not financial advice just my opinion!
Long
by JacobR905
💥LITECOIN BUY SETUP TO $175Please support this idea with a LIKE👍 if you find it useful🥳 Buy level - $150 - $153 Stop loss - $139 Take profit - $175 Right here is a double bottom W pattern formation on LITECOIN. Fortunately, neckline breakout and retest has completed it's formation. It's time for LITECOIN to long to it's target at $175. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on LITECOIN (LTCUSDT) 🤗 Happy Trading💰🥳🤗
BITFINEX:LTCUSDLong
by PetrockFxTrading
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!
by JacobR905
Litecoin 💥🚀🌚⚡ #Litecoin $LitecoinIt has been a few days since LightQueen Trend broke its 67-day bearish trend and started moving towards its price targets. The price targets and their resistances are plotted on the chart. The resistance between the price of 255 and 260 is very strong and it is important to break and stabilize it. Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities. I hope you find this analysis useful🌹 Follow for more... #DYOR
Long
by AliSharifi963
INVERTED HEAD AND SHOULDERS @ LITECOINFolks, Morning we see a Inverted head and shoulders on the 4 hour lite coin chart. Getting excited now.. The overall trend is bullish but for a good buying opportunity you have to be a little patient. I want to see price rebound at retest $147.- or maybe even lower to have a good buying opportunity! While writing the recent candle is becoming a form of a shooting star at a ' high price area' / known as resistance. But still 1.5 hour before new candle starts so everything can change, still.. but just to be aware.. It can be the start of a three river evening star pattern... Maybe ;) To be continued!!
by MoneyMakingMuro
2
Litecoin UPDATE HEAD AND SHOULDERSHi Folks, These consolidation times are often very boring.. we want action.. But do you know that for 2/3 of the times the markt is going sideways/consolidates. And 1/3 of the time it goes either in an uptrend or downtrend.. What is your strategy? One of mine is to look for pullbacks/retracement (A real retracement in an uptrend is a decline between 33%-66%) did you know? So think about the money that can possibly be made in pullback strategies.. The setback in this LTC/USDT chart depends likely on what the price of bitcoin will do.. For now the market is searching for direction..
by MoneyMakingMuro
HEAD AND SHOULDER IS THAT YOU??Folks, Be aware of a possible head and shoulders pattern in the Litecoin/USDT pair on the 4 hour chart. The first breakdown of the neckline has got rejected by the bulls.. But simply if it breaks be aware of prices fall back at the horizontal line drawn.. How do you target this? You take the highest price at the head formation and calculate the % it falls back to the neckline. Than You take the same % percentage from the neckline down.. and that is your target price when the neckline breaks and it is a confirmed head and shoulders pattern. There is a lot of symmetrical in trading...
by MoneyMakingMuro
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!
Long
by JacobR905
Bitcoin ❤ Lovers have two scenarios for Bulls Honeymoon 🚀⚡😍Yes, you guess it right there are two illustrated Honeymoon plans on the chart with your 'Honey' Crypto. As you see the chart from the recent All-Time High from 64000 to the Last Swing High 18992 in December 2017 before Big Monster Bull Run started after the breakout in October 2020, now we have already retraced 78.6% at 28815 during this recent 'Fatal Crash' that means this is the Golden chance that Bulls can take the control of the Crypto party. How? Let's see below Scenario 1 Scenario 1: 78.6% is the last resort for the retracement before the upcoming new Bull Run, possibilities are very high that if they break the upper range of 41K mentioned in the chart that will be the final confirmation for Scenario 1 Bulls Mission Successful. In any situation this recent crash low 28815 gets broken in the near term future before closing above 41k to 42K in the Big Timeframe then doors are open for Scenario 2 shown in the chart. Scenario 2: In this we have used the Fibonacci Range from Bitcoin Inception to the All-Time High 64000 and we got two important numbers plotted in the chart at 61.8% is at 24925 78.6% is at 14059 respectively. Now, BITSTAMP:BTCUSD will take a U-Turn from these above two Fibonacci Level, there is no doubt unless there is no such bad news/development in Cryptos Space in the future during that period. Stay tuned as always for the latest updates. Give a Thumbs Up 👍 and Do Follow us. Why? 1. A Professional Group of Smart and Sniper Investors, Traders, and Venture Capitalists over 11 Years in the Markets. 2. Successfully Anticipated in various Bulls and Bears Cycles for Cryptos, US, European and Asian Markets since 2010. 3. Update of the latest important news and our point of view on it. Some Important Trade Management Tips 1. Always enforce strict Risk Management. 2. Compulsory Strict Stop loss in the system and Capital Protection are the topmost priorities and always take a planned, informed and calculated risk, not a blind risk. 3. Only trade which has a favorable Risk Reward Ratio. Happy Investing and Trading, Comment below your point of view/feedback. Team 10xBulls ⚡
BITSTAMP:BTCUSDLong
by official10xBulls
4
Litecoin - Time To Start Scaling In?Litecoin has been my main focus throughout this bull market in cryptos. Let's zoom out on the COINBASE:LTCUSD chart. You can see the rising wedge pattern that I've been covering for the past 6 months or so had a decisive break down around mid-May. This was our flashing "sell signal." But as you can see from the arc structure, this bull isn't done running just yet. Where are we today? Yet another Elon tweet about Bitcoin sends all cryptos lower - for now. But as you can see on the chart, price is very close to a brick wall of support. Not only is the edge of the arc currently sitting right around $140, but we also have the 50, 100, and 200 day moving averages coming in as backup. Don't be surprised if within the next few weeks, Litecoin decides to take off like a rocket ship and bring price back towards the top of the arc around $325-$425. However, one thing I will also be watching for is a break below the arc, which would signal the bull is taking a rest for now. Although that scenario is highly doubtful, should that happen, I'll be on the sidelines for a while waiting for my signal to get back in. The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
COINBASE:LTCUSD
by jstrasburger
LTC, Litecoin - price are trying to break local trendline 😯On the chart, we see a local trendline, and the price is already trying to break it. Below Litecoin has a support area of 115$-117$, if the price reaches this support, it will be a good opportunity to enter a long position. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
5
LTCUSD Bottomed Out Along 2-year ValleyLooking at the 12-hour time frame of Litecoin, i'm seeing a clear bottom out along $171 (2-year valley support created in 2017). At the moment, LTC is accumulating in the $171 - $183 zone and will continue accumulating in that zone until it moves back up. My targets moving forward after Litecoin finds a stable support above $183 are: TP1 🎯 $194.75 TP2 🎯 $218.80 TP3 🎯 $262 I’m expecting Litecoin to hit the TP3 (weekly resistance) around the end of this month, if not going into the start of July. It’s going to take a bit of time to reverse, but this is the bottom. Especially when time moves forward and we start to gain momentum back up as LTC regains this channel around $218, that’s whats going to solidify the bullish momentum. As always please do your own research, I am not a financial advisor.
KRAKEN:LTCUSDLong
by kyer
4
LTC, Litecoin - I expect on this entry point🔥Price formed a clear triangle. I'll open a long position only in case when the price will make squeezing, breakout, and retest. Set an alert and wait for realization. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
4
LTC - 6h. Buyers need to keep the range $158-168The protracted consolidation in the LTC market is coming to an end. Before the consolidation, 2 unpleasant events happened. Unfortunately, buyers were unable to keep the boundaries of the trend channel, in which the price moved from December 23. In addition to the trend line, buyers lost an important range $220-230 , from which the LTC price began a new wave of growth and renewed its high. On the positive side , however, buyers have managed to maintain control over the range of $158-168. This price zone saved the LTC market from February to April. It is this fact that gives buyers a great chance to continue the price rollback to $220-230. In the short term, this is our main target. Globally, the range of $220-230 may only be the first stop on a buyers journey. By holding the price zone of $158-168, buyers will secure themselves a medium-term price vector with a target of $280 . It is in this mark that the future fate of the LTC market will be decided. The main task of buyers at the moment is not to lose control of the market over the weekend. Well, let's see how they do it on Monday. _______________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
26