Litecoinprediction
Litecoin: Upcoming Price ActionHello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD).
The Litecoin chart is on a weekly basis to show the life cycle of Litecoin on this chart. Price was around $200 in December 2021 when I started sharing my concerns with the crypto market. I hope you took that advice seriously at that time, as Litecoin is now around $50-$55!
The current price has broken below the S/R 1 line with potential to test S/R 2 line. Fibonacci Retracement shows the Golden Ratio (1.618) around the lowest level of support (see chart). On the positive side the Litecoin price has potential to resemble a prior cycle pattern move which could push the price higher. I don't want to get too excited yet as the Volume is decreasing however MFI seems to be moving higher. RSI has the chance to move back up to test the S/R line.
Read the chart carefully as there are a lot of notes on the chart.
Lastly, this is the weekly chart so have patience!
Included: Fibonacci Retracement, RSI, MFI, Ichimoku Cloud, and 200 SMA, Volume, Volume Profile (VPVR).
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
Jamie Gun2Head - Selling LitecoinTrade Idea: Selling Litecoin
Reasoning: At key 50 day and 50 4 hour moving average - looking for sellers to win the fight
Entry Level: 57.05
Take Profit Level: 52.88
Stop Loss: 58.06
Risk/Reward: 4.13:1
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.
Litecoin looking lower? Litecoin
Intraday
We look to Sell at 59.93 (stop at 61.59)
Posted a Double Top formation. This is a bearish reversal signal and the lack of progress higher has confirmed a sentiment shift. We can see no technical reason for a change of trend. Preferred trade is to sell into rallies. Further downside is expected.
Our profit targets will be 56.03 and 55.00
Resistance: 60.00 / 74.00 / 100.00
Support: 56.00 / 46.00 / 20.00
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.
LTCUSDT 3D LTC buyers try to revive "ex-silver" cryptocurrencyLet's consider LTCUSDT today at 3 -day time frame
More than a year has lasted downtrend. And finally in June-July 2022 were increased trade volumes that indicate a meticulous struggle between buyers and sellers.
Increased trade volumes on a conditional bottom may indicate an attempt to turn the trend for growth.
However, Litecoin is an "old coin" and it is difficult to make sharp movements)
Therefore, we assume that the turn up, if it will be, can be smooth in the form of a cup.
In the coming days we allow correction the LTCUSD price to the area $55 , well, and further a new wave of growth can start to the area of $96-100 per LTC
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LITECOIN (LTCUSDT) the last chance (bottom) and the range marketHello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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: 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 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
LTC Litecoin: Prior Cycles ReviewHello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD).
The chart is self-explanatory. I am reviewing the current and two prior cycle moves and reviewing the Fibonacci Retracement tool at the 0.618 and 0.5 areas (dead cat bounce zones). Assuming history repeats itself, the price has a potential to get back over $200 before moving back down. This is on the weekly chart so have patience, and anything is possible as history does not need to repeat itself.
I have various LTC charts in the related ideas below. Check them out as well!
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LITECOIN LONGS 📉📉📉📉 Expecting bullish price action on this crypto coin as price is rejecting from an important psychological barrier which is 100$, this is kind of a risky entry because the strucutre is still bearish. For a more conservative entry wait for a BOS above the previous high, retracement and then enter longs. I will enter on this trade on a smaller risk, if it hits my stop loss i am fine.
What do you think ? Comment below..
LTC Litecoin: 4H UpdateHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Litecoin ( LTCUSD ).
Litecoin price is made a recent attempt to move upwards in a rising wedge however the price fell and has been trying to recover. It has very strong resistance ahead as noted by the various trend lines in the chart. There is also the Ichimoku Cloud around the 0.50 Fibonacci Retracement level. RSI, MACD and MFI are not looking bullish. Volume needs to come in to make the price move higher.
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 ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin ( LTCUSD ).
The chart is self-explanatory. Litecoin has multiple bullish factors that may give it a nice push upwards. The RSI and MFI were supported by a trend line, the MACD had a bullish cross, the Market Cipher indicator shows a green dot. The price is entering into the EMA ribbons and below the 50 and 200 SMA, and Ichimoku Cloud. Keep an eye on Volume as it hasn't moved yet. The price broke above the median line of the Bollinger Bands. All the way on top is the Support and Resistance Line which is also around the 200 SMA where the price may make an attempt to retest if it can keep moving higher.
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 Falling Wedges, LTCUSDLitecoin has entered a mini down move, within a falling wedge
Falling wedges however tend to break out aggressively to the bullish side once completed, as shown in the green box of the first wedge
It is just a matter of time before the more recent wedge breaks out to the upside and pattern completion occurs
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.
LTC Litecoin: Where's The Bottom?Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Litecoin (LTC).
I reviewed the LTC price history and put together a possibility of where the price will bottom based on VPVR, RSI, Volume and Prior Cycle review. Keep a close eye on the Support Zone and two Support Trend 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