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
Litecoinforecast
Litecoin at Resistance? LTCUSD - Intraday - We look to Sell at 142.41 (stop at 145.92)
Preferred trade is to sell into rallies. 50 1day EMA is at 142.00. Previous resistance located at 142.00. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 142.00, resulting in improved risk/reward.
Our profit targets will be 131.29 and 124.23
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.
Litecoin: Crypto to move Higher? LTCUSD - Intraday - We look to Buy a break of 117.20 (stop at 114.30)
A break of bespoke resistance at 117.00, and the move higher is already underway. The trend of higher lows is located at 105.00. Our short term bias remains positive. A move through 117.00 will confirm the bullish momentum.
Our profit targets will be 124.65 and 133.21
Resistance: 117.00 / 125.00 / 140.00
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.
LTC Litecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin (LTCUSD).
The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Litecoin.
Included in the chart: Trendline, Support and Resistance Lines, Ichimoku Cloud, VPVR ( Volume Profile Visible Range), EMA Ribbons, Volume , Descending Wedge, RSI, MFI (Money Flow Index), Trend Analysis.
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 3D Pattern “Cup and Handle” finishes its formationFor a long time, 7 months we have not updated the idea for the pair LTCUSDT, because the previous idea was working perfectly and the "Cup with handle" pattern was formed.
Below you can see our thoughts about the prospects of the LTCUSD pair 7 months ago.
In April 2021 we wrote that it would be good to buy Lite in the area of $90-125 for the long term . And already on the May decline, the price low for LTC was $104 . That is, if you have listened to our thoughts and set up a few buy orders in this area, most of the orders would have been executed, and the investments would have shown +100-130% by now.
However, we should not get upset, perhaps the fate will give us one more chance to buy Litecoin long. Maybe, the price of LTCUSDT will go down to $160-170 once again , where the buyers should finally confirm their strength and serious intentions to continue growth.
The global aims for growth of LTCUSD price have not changed for 7 months; we have described them in our previous idea, and we will mention them again — they are $765-785.
There are good growth perspectives in LTCBTC as well, at least +150%, because the price is just trying to push back from the absolute bottom.
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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 :)
Litecoin can rise 15-20%Litecoin held pretty well during yesterday's selloff and the coin couldn't drop to make a new low, instead confirming that bulls are very strong under 100 figure.
At this point, we can speculate that a double bottom is forming on short time frames, with the neckline at around 110.
In my opinion, dips towards 100 should be bought and, with the pressure lifted from the sell-side in the crypto market, a break above the neckline is very probable.
Short term traders can target 125 resistance for their buy orders and negation comes with a drop under 95
Litecoin- New leg up to 180?After finding a bottom at 120, LtcUsd has reversed and made a local high slightly above 150 figure. A correction followed and the price dropped again to 130 zone. Here Litecoin seems to have found bids and we can expect a new leg up from this crypto.
This leg up can drive the price to 170 resistance with an extension to 180.
I'm bullish as long as Litecoin stays above the recent low.
Why you should have a position in LTCUSD LTC has solid fundamentals and would function well in a crypto driven society
Especially in retail environments
As you can see price has returned from its peak to a low of about $40 during the bear cycle
Recently since the bull market has begun, price increased sharply up to ~300-400 and has slightly retraced, this is the first move, in a larger bull market.
Also based on where price is situated, and history showing previous highs acting as support levels.
Litecoin is one of the first coins I got into. Lets see how high it goes.
Litecoin- 20% potential gain if it breaks 140After reaching 120 recent low, Litecoin has started to recover and now is trading exactly under a very important confluence of resistances.
140 is the line in the sand for this crypto and a break above this figure could lead to acceleration and a visit to 165-170 zone resistance
Back under 130 would delay this scenario
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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Litecoin- Next stop 100?I've said it before, Litecoin is the weakest of all big 4 with the price consolidating in a tight range in December and with clear no buying power.
Finally, we have a break under 140 support and now the price is trading at 129. I expect continuation to the downside and 100 figure can be seller's target.
Sell rallies is a good strategy for Litecoin and only price above 160 would negate this bearish scenario