Litecoinforecast
Litecoin: Relief before more pain?!!Litecoin
Intraday - We look to Sell at 75.44 (stop at 79.81)
The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into rallies. We have a 78.6% Fibonacci pullback level of 75.97 from 82.66 to 51.42. Expect price action to remain mixed and volatile as this corrective sequence continues. Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 64.38 and 51.10
Resistance: 75.00 / 80.00 / 90.00
Support: 60.00 / 50.00 / 40.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Jamie Trade Idea - Sell Litecoin Trade Idea: Litecoin heading lower?
Reasoning: Confluence sell at 61.8% Fibonacci level
Entry Level: 68.51
Profit Level: 60.09
Stop Loss: 71.51
Risk/Reward: 2.81R
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.
LTCUSD - Litecoin Halving's Plotted on the chart in orange are LTCUSD's three and most relevant halving dates, with the third being yet to come until July 25 2023
The first halving and the third show similarities, in that they both are experiencing a bull move that will lead to a bull market before the halving
The first one took a long time to materialize however with a long period of low price volatility. I'm going to assume that a phase like this will be skipped on the third halving and bull action will come as the halving comes
This is purely due to the age of the coin
Right now is a great entry into LTCUSD
Litecoin- Genuine break under 100 figure- 70 is my targetSince January's break under 140 support, Litecoin is trading in a descending triangle. The end of March beginning of April break above trend line resistance proved to be a false break and the coin has dropped again to 100 support. As I expect a strong sell-off in all the crypto market, for sure Litecoin will not make an exception and it will dive (in my opinion) under 100 key figure.
70 USD is my target and only back above 110 would change my opinion
Litecoin turning around? Litecoin
Intraday - We look to Buy at 103.15 (stop at 100.74)
We look to buy dips. Previous support located at 103.00. Short term oscillators have turned positive. Broken out of the channel formation to the upside.
Our profit targets will be 108.59 and 111.01
Resistance: 107.00 / 115.00 / 120.00
Support: 103.00 / 100.00 / 97.00
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 still heading down? Litecoin
Intraday - We look to Sell at 102.94 (stop at 104.28)
Preferred trade is to sell into rallies. Previous support at 103.00 now becomes resistance. Prices expected to stall near trend line resistance. We have a 78.6% Fibonacci pullback level of 103.46 from 105.40 to 96.34.
Our profit targets will be 97.81 and 95.10
Resistance: 103.00 / 106.00 / 110.00
Support: 98.00 / 96.00 / 90.00
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: Future Price PredictionHello friends, today you can review the technical analysis on the 1W (weekly) linear scale chart for Litecoin (LTCUSD).
The chart shows only the Litecoin price and the similarities between the current market structure and price to the prior bull/bear cycle market structure and price.
Though price may move slightly different in both cycles, the overall structure looks very similar. It seems that the current price may be headed to one more touch of the resistance line around $185-$200. To make it easier to follow, I made a pathway in the prior and current cycle. There is a possibility that price could come all the way down to $25-30 range due to a black swan event, however there are multiple support and resistance zones before that happens.
I am NOT confident that Litecoin price will make an all time high until after the next Bitcoin halving in 2024.
What are your opinions on this?
Check out my Ethereum price prediction in the related ideas below.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: 1D Chart w/Price TargetHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin (LTCUSD).
Litecoin has been bouncing around Support and Resistance trend lines and it looks like it may be headed back up to re-test resistance. The resistance is at the 0.382 Fibonacci Retracement which is also near the edge of the red Ichimoku Cloud around $180-185 (my price target). There may be strong resistance at the $125-130 area before moving up. Volume will be important for the price to move higher. RSI just had a nice re-test of the support line and MFI is moving upwards on the trend line. With the current market conditions, if the move happens it will happen very quickly, so be ready.
Resistance Line is the red line and top blue line. Support Line is the orange line and bottom blue line. The green lines are long term trend formation lines.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Litecoin (LTCUSD).
Litecoin price looks like it may be headed back down from the current price. Keep an eye on my Support and Resistance Trend Lines. The Fibonacci Retracement shows price has possibility getting back to the 0.382 level. There is also Ichimoku Cloud resistance ahead.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC/BTC showing the path for Litecion?After further analysing the BTC pair of this altcoin, I found out that it loves to tag the golden pocket before turning lower.
Putting this knowledge to practice - we can trade LTC while looking at the LTC/BTC pair, as well as BTC, to time our entries perfectly.
Litecoin Breaking Down?Litecoin
Intraday - We look to Sell at 111.04 (stop at 113.76)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 110.00. The trend of lower highs is located at 115.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 101.10 and 98.20
Resistance: 110.00 / 115.00 / 120.00
Support: 104.00 / 100.00 / 90.00
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.
Cryptos Still Look Bearish? Litecoin
Intraday - We look to Sell at 119.38 (stop at 121.57)
The trend of lower lows is located at 121.00. Previous support, now becomes resistance at 122.00. Broken out of the Head and Shoulders formation to the downside. We have a 50% Fibonacci pullback level of 118.75 from 127.38 to 110.12.
Our profit targets will be 110.15 and 108.12
Resistance: 120.00 / 127.00 / 133.00
Support: 110.00 / 105.00 / 100.00
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.
Cryptos in Decline? Litecoin
Intraday - We look to Sell at 121.95 (stop at 123.50)
The trend of lower lows is located at 126.00. Previous support, now becomes resistance at 122.00. Current prices have reacted from a low of 117.50, however, we expect further losses to follow. Preferred trade is to sell into rallies.
Our profit targets will be 117.49 and 116.10
Resistance: 122.00 / 130.00 / 140.00
Support: 118.00 / 115.00 / 110.00
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.
░▒Ł▒░ ŁITECOIN | FORECAST|6HR ░▒Ł▒░COINBASE:LTCUSD
Here is the Łitecoin forecast on the 6HR (stretched to a daily time resolution) as I see it. Although not surpassing the previous all time high (ATH) we still see a 6% trend grade incline. The patterns are similar and stretching out over time a little more than previous. It's likely to look like this chart over the next few years. This forecast is until the peak at about late 2024.
Right now it's neutral during this accumulation phase, so you should have room to buy more before another bull run in the last quarter of 2022.
THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL" THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS") IN THE WORLD.
CRYPTIK-ONE: OK Eve, that (rare) time has arrived. You get a chance to talk about an ALT coin to our followers. Please tell us your thoughts on Litecoin.
EVE: Litecoin is one of the more older coins out there. Again, it's based on Bitcoin, so many things are similar. There are improvements to the codebase which make Litecoin a much faster coin - thus the 'Lite' in the name. With bitcoin you are limited to 7 transactions per second and Litecoin can have 4x as many.
CRYPTIK-ONE: That is good to hear. How do you feel about it's utility and future?
EVE: Litecoin is more of a transactional currency. I don't feel like it can trade with the top coins in large enough volumes. A lot of alt coins are on the rise, which is kind of a good thing if you're invested in them. I don't see Litecoin having any real major changes during the next few months. We will have to wait and see how things shake up.
CRYPTIK-ONE: I do not see any in the next few months, however towards the end of the year. How do you feel about it's future over the next few years?
EVE: I predict more of the same during this cycle for the next year or two. Difficult to predict how things will play out, much less in the coming years.
CRYPTIK-ONE: It is however, I have. You just mentioned how yourself. "More of the same during this cycle... Keyword, "Cycle" everything works in cycles, if you look throughout history you will see this over a long enough time resolution. I am talking fads, fallings of civilization, gender dominance, etc.
EVE: I'm not sure what you mean by the fall of civilization. I generally don't look that far ahead when it comes to economics and technology. Cycles are more up my alley, as they are more important in my opinion.
CRYPTIK-ONE: So break out for Litecoin starting last season of 2022. Do you concure?
EVE: I think that is very plausible assuming the corresponding bubble.
CRYPTIK-ONE: Alright, thanks for your feedback and conversation Eve. Until next time my dear.
EVE: Thanks for having me. Keep on breeding!
CRYPTIK-ONE: What? Keep on breeding (Lol)?
EVE: (Lol), breeding as in trading and general investment behavior
CRYPTIK-ONE: Oh, wow I never heard of that term before. Thanks! Peace out girl scout.
EVE: Haha, you're welcome 😊.
LTC Litecoin: 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Litecoin (LTCUSD).
Litecoin price on a monthly chart show resistance ahead. Fibonacci Retracement levels shown along with 200 SMA and RSI.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Litecoin to Move Lower?Litecoin
Intraday - We look to Sell at 128.39 (stop at 131.21)
The trend of lower intraday highs has also been broken. The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment. Previous support at 128.00 now becomes resistance. Follow through bearish momentum from 126.80 resulted in net losses.
Our profit targets will be 119.22 and 117.20
Resistance: 128.00 / 135.00 / 140.00
Support: 120.00 / 115.00 / 110.00
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.
LTCN Grayscale Litecoin Trust: Another Pump Coming?Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Grayscale Litecoin Trust (LTCN).
It seems that based on historical trends, when the RSI is near the overbought region, the price pumps. Could that happen again?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC/USDT IS GEARING UP.Hello guys, here's a trade setup on LTC/USDT. LTC is breaking out. The chart looks good here and I am expecting a 10% to 15% rally.
Entry will be between $110.7 to $113.46.
SL: $107.09
Targets:
$116.8
$119.5
$123.2
$128.4
Invest the amount you are ready to lose. Do not invest blindly, it's your hard earn money, my friend. The risk-reward ratio on this trade is good. If our SL gets hit then we will bear a minimal loss but if LTC rallies from this point then there's a good profit lying ahead of you.
I am trading on 10x and will exit my positions accordingly.
I will time and again update you on this one so stay in touch.
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.
Litecoin: Buy the UptrendLTCUSD - Intraday - We look to Buy at 113.92 (stop at 111.57)
We look for a temporary move higher. Previous resistance, now becomes support at 114.00. 50 4hour EMA is at 113.00. 6 positive daily performances in succession.
Our profit targets will be 121.78 and 124.15
Resistance: 125.00 / 130.00 / 140.00
Support: 114.00 / 110.00 / 100
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.