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Litecoinforecast

💡 Don't miss the great buy opportunity in Litecoin/TetherUSTrading suggestion: . There is a possibility of temporary retracement to suggested support line (139.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Litecoin/TetherUS LTCUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 157.0 TP2= @ 166.0 TP3= @ 185.0 TP4= @ 200.0 TP5= @ 228.5 TP6= @ 255.3 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
My love and personal plan for LitecoinHey folks, I'm sharing my plan for LTC First I'll go into why I'm holding for the long term and then I'll dive into my thoughts of the current markets and my short term set up. First let me state Litecoin is one of my absolute favorite ALTs. I've held a position in LTC since the 55$ level. LTC doesn't typically get the hype/attention (or growth) like BTC or ETH but I believe it still has tremendous potential. Why? Well gather 'round kids. It's appealing to the new investor with the all too common "unit bias" issues with BTC. It has practical uses, speed, support and a generous but limited supply double that of BTC. While many coins have approached and surpassed their ATH, LTC has not So new Litecoin investors will be happy to find themselves "in" early. LTC is 140$ currently and that is still LESS THAN HALF of its ATH from $360 in 2017. People looking for a little less volatility and a little more sustained growth I think will find the community and supporters of Litecoin with open arms. And I only hope that LTC won't come prey to these pump n' dump scams although.. it's a very real probability. In this case I would stay very vigilant with dynamic stop losses as it goes parabolic. To be honest If I see an enormous and quick rise in LTC I would likely transfer the position over to bitcoin as the LTC/BTC market spikes for safe keeping rather than back into USD. Now will LTC hit $360 this month?!? Perhaps, but imo it's doubtful. But will it hit it's ATH gradually over this year or the next?!? Well now we can start taking some small, but meaningful longs as the dips allow. Slowly, but surely increasing positions and generating money that works for you rather than explodes and vanishes.... I know DCA isn't the most exciting thing, but it works very well over time. Now for the short term. Currently Litecoin is trading at 140$ trying to push out of its weekly channel. If LTC rejects the 150$ level I expect it to continue to oscillate between the $148-120 parallel channel pictured. If my time allows I would sell partial positions to try and buy back in at the support. But I do plan on holding 85% of my coins as day trading these levels could prove profitable however missing the breakout could negate these trades... The support it holds at the $115-120 area is over a month long and well tested. Dips into these areas push me to further my long position in small increments. Multiple candles below the $115 mark would to me signify a larger push down to about a $100 and even less. I do not think this will be the case near or long term however it never hurts to be prepared. My stop loss hovers near the 100$ mark which would still about double my initial investment. These are my personal viewpoints and they remain flexible. I hope you found them just a bit informative. Cheers & Stay safe friends. -Bruce
COINBASE:LTCUSDLong
by goodluckbruce
Litecoin (LTC) This Will Be A Big Chain Reaction Of Bull RunHey friends, hope you are well and welcome to the new update Litecoin. Support and resistance levels: After getting rejected by $170 resistance now the price action is breaking down the $140 support. The next support is at $110. Up-trend line support: The priceline of LTC has found good up trendline support on the 2-day chart and testing this support at the moment. At the same support level, there are also exponential moving averages 10 and 21 supports. Down channel: On the weekly chart, the LTC with BTC pair has formed a down channel and the priceline is at the support of this channel at the moment. There are 25 and 50 simple moving averages resistance levels above the priceline. Shark Move: The priceline has completed a Shark move on the weekly chart and entered in the potential reversal zone. A bullish Butterfly move: If we zoon out the same weekly time period chart, then the price action has completed another bullish harmonic bullish Butterfly move. The final leg is retraced up to 1.269 Fibonacci level whereas we need a retracement up to 1.27 so there is a difference of 0.001 Fib level. Therefore it is possible that the price line may drop a little down and then start a powerful rally to the upside. Big BAT move: On the very long-term 2-month chart the price action has completed a big BAT pattern and entered in potential reversal zone: Conclusion: The price action has formed a small shark then a big butterfly and then the biggest BAT harmonic moves. Therefore there can be a big chain reaction started that will lead the price line to set a new high.
Long
by moon333
3
LTC 12h Small correction up, and then down to $100Today's idea is to analyze the movement of the LTCUSDT price on a shorter timeframe within the framework of our global idea. We recommend that you re-read it now , and then come back here. Two weeks have passed since the publication of the global idea, and what do we have? Now our expectations are being met and the LTCUSD price did not go above $168-170 , the high was $166, after which the price move down. The most positive scenario for LTC that we see now is growth to $149-150. After that, most likely, the price will move down to test the first liquidity zone of $97-100. We have schematically showed the approximate price movement in the LTCUSDT pair for the next six months in a global idea , so like and comment , so that it will always catch up with you and remind you of itself. And we will publish corrective ideas similar to today's one as the LTCUSD price moves. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
4
Will litecoin finally make an advance?I have been posting on litecoin holding support for the entire month. Price enters the support zone, bounces, then seems to re-enter a week later. Is the third time a charm? The price action has looked very similar to bitcoin... Not sure is that's good or bad but both are bullish trend still so until that changes my bias still remains bullish. Maybe the most recent trendline break will mark a bigger turn upward. Anyone have any ideas for the range/consolidation behavior?
BITFINEX:LTCUSD
by IngenuityTrading
1
LTCBTC can start the chain reaction of harmonic bullish movesSupport and resistance levels: In LTC with USD pair, on the long-term weekly time frame chart, the pricline of Litecoin has been rejected by $170 resistance and now moving between $140 support to $170 resistance levels. Up channel: On the daily time frame chart, the price action of LTC has been bounced from the support of an up-channel and now moving towards resistance of this channel. Down channel: Now if we switch to the LTC with BTC pair chart, then on weekly time frame, the price action has formed a down channel and reached at the support. Here the bollinger bands is getting squeezed that is indicating that soon the price action of LTC can break down the support or move to the upside for the breakout. Bullish Shark: While the price action is at the support of down channel, on the weekly chart it has also formed a complete bullish Shark pattern and entered in potential reversal zone. Bullish Butterfly: On the same weekly chart, with Bitcoin pair, the price action of Litecoin is completing final leg of bullish Butterfly it has retraced upto 1.269 Fibonacci and when it will be moved little bit more down and retrace at least 1.27 Fibonacci level then the pattern will be completed. This Butterfly is bigger than the previous Shark move. Bullish BAT: On the bigger time frame 2 month time period chart, the price action of LTC with Bitcoin pair has completed bullish BAT pattern and entered in potential reversal zone. Conclusion: The price action has strong support of a down channel and completed different harmonic moves in different time frames in Bitcoin market. These harmonic moves can start the bullish divergence like a chain reaction. The smaller harmonic bullish move can trigger the bigger one and this bullish harmonic chain reaction can lead the priceline of LTC to hit at least the previous highest price in the Bitcoin market that was 0.052 as per Bitfinex exchange in 2013. And if at that time the price of Bitcoin would be at $40000 then the price of LTC can be expected at $2000. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
Long
by moon333
Litecoin IHS to $179Litecoin broke down as I suspected. It was up against too much resistance and lots of profit takers at the $180 level. It's currently creating an Inverse Head Shoulders with a target back up to test $180. That would be a nice level for profits. After that I see a healthy retracement down to the $154 level to build liquidity; so we can go higher for another profit taking near $220 Let's see how this plays out over the next 7-10 days. Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
KRAKEN:LTCUSDLong
by CryptoDude79
1
LTCUSDT has completed big bullish setupHey friends, hope you are well, and welcome to the new update on Litecoin. Rejected by resistance: The price action of LTC is rejected by $170 resistance and moving between $140 to $170 support and resistance levels. Broke out the channel: The price action broke out the resistance of the channel on the daily chart, but formed a head and shoulder and broke down the neckline. Then it re-entered in channel but now finally it has again broken out the resistance of channel and crossed simple moving averages with the time period of 25, 50, 100 and, 200. Formation of the new up channel: On the daily chart, the price action of has formed a new up channel and having good support of 25 simple moving average as well. Big Shark move in Bitcoin market: On the long-term weekly chart, the price action of Litecoin has formed a big shark and just spiked in the potential reversal zone. It may give us another chance to catch it from the potential reversal zone area. Conclusion: We can assume if the price action of Litecoin is going to move up against Bitcoin, then how much bullish it can be in the near future in the USD market. For exact buy and sell targets for this trade, and other harmonic trading signals join: www.patreon.com
COINBASE:LTCUSDLong
by moon333
1
LTCBTC formed a big Shark | For Upto 43.5% bullish moveHi friends hope you are well, and welcome to the new update on Litecoin. On the long-term weekly time period chart, the price action of the LTC has completed last leg of bullish Shark pattern and entered in potential reversal zone. Buying and sell ranges: The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 . Stop loss: The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 43.5%, and the loss possibility is 9.5%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade. For exact buy and sell targets for this trade, and other harmonic trading signals join: www.patreon.com
Long
by moon333
1
LTC 1D Short-term growth and further prolonged fallIn this idea we would like to show the general picture of LTCUSD for the last 3 years. It, following ETHUSDT, tried to reach ATH which was $375, but actually stopped halfway at $185 . The last time the price was there in early 2018. At the current growth, the price from the second attempt was able to break the high of 2019 at $145 and went further by $185. However, a sharp fall by -40% to $112 showed what happens after "big men" sold out and there is no one to push the price up, and where are the liquidity levels to buy. Take a look at 2018, then the price touched this level three times. LTC trading volumes attract special attention. They began to grow sharply before the breakout of the white trend line, then the breakthrough and growth, and volumes naturally only grew. No wonder that in previous ideas around $45-50 we wrote that LTC is accumulating by strong buyer. It is a pity that they did not take all the movement, but only a few fragments, probably they did not believe that buyer can be so strong and focused. Now the high that we expect from LTCUSDT is the growth to $168-170 , and then a long price fall. Still, you need to check the strength from above the white trend line, which was broken the day before. The trend line retest in the zone of $85-91 can also be considered a tasty price to buy in the medium term. It is necessary to gain strength before the next long way to the absolute high of the LTCUSDT price. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
4
Litecoin price brings these two key levels to the ultimate test Litecoin recently embraced support at $110 following the colossal breakdown from highs above $190. On-chain metrics show that Litecoin is stuck between two key levels that are constantly being tested. Litecoin has retested the support provided at $110 following a massive breakdown from price levels around $186. The drop in price occurred in tandem with Bitcoin's price fall from $40,000 to $30,000. While recovery is underway, delays are anticipated as Litecoin encounters crucial levels. At the time of writing, LTC/USD is doddering at $135. On the downside, the 200 Simple Moving Average in the 4-hour timeframe has presented formidable support, keeping the bears in line, while avoiding a retest of the recent anchor at $110. On the upside, the cryptocurrency is facing a challenging task at the 100 SMA. Trading above this first resistance would be a bullish signal that Litecoin can recover to higher levels around $160. The 50 SMA is might delay the recovery to towards $200 but if bulls are determined, Litecoin will swing to new yearly highs. The technical support and resistance have been highlighted by the IOMAP model by IntoTheBlock. For instance, a high concentration of sellers is expected between $154 and $158. Here, nearly 36,300 addresses previously bought roughly 1.1 million LTC. If Litecoin slices through this area, the upswing to $200 might come into the picture. On the downside, Litecoin is sitting on areas of immense support, with the most robust running from $128 to $132. Here, roughly 40,000 addresses had previously bought approximately 1.7 million LTC. It is unlikely that this buyer congestion zone will be shattered in the near-term. However, if broken, Litecoin may fall to $110 or even revisit $100. Litecoin intraday levels Spot rate: $134 Relative change: -5.4 Percentage change: -4% Trend: Bearish Volatility: Expanding
COINBASE:LTCUSD
by CoinGape
3
LTC-4h. Loss range $147-153 and target $100.The euphoria in the LTC market did not live up to investors' expectations. Breaking the global mark of $145 up gave the price a great chance to continue to rise to $220. However, the sharp fall in the price of BTC significantly adjusted the plans. As a result, the LTC price broke the bottom trend line of the channel in which it traded from December 11. The main buyer support was in the range of $148-153. At the moment, this range is under the control of sellers. If buyers fail to regain control of this range in the near future - this will be a serious signal to sellers to continue to fall actively. The main target of this scenario is $100. Another signal for the continued decline in the LTC market will be the continued decline in the price of BTC and breaking the $33,000 mark. Consolidating the LTC price above $153 will give buyers a chance to test the $173-180 range . We will closely monitor the movement of the LTC price and update the idea when the price chooses its scenario. ________________________________ 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
17