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Litecoinusd

LTC/USD Showing Potential!As we look at the 4hr timeframe we can see the short term downward channel which as held as a strong S/R. LTC/USD is now strongly trading above the 9 day EMA. The next resistance to overcome is the 55 day EMA. We're looking for a close above EMA 100 & 200 which will bring us at around $45 for confirmation of next wave up. My assumption is that it will try to attack the top of the channel now that it's once again trading inside, since the massive BTC sell off. Top of channel will be around $47. If it breaks this on the first move up since re-entering channel (unlikely), I'll be a happy camper. This is not financial advise. Safe trading and remember to use stop losses and alerts to raise confidence in your trade. Simplicity Wins Bless Up
BITSTAMP:LTCUSD
by rnaofs
2
6 More Months 2 Accumulate... (LTC)Symbol: LTCUSD Sector: Cryptocurrency Let's talk bitcoins little brother, litecoin. Overall looking out I want us to focus on the major parallel channel range that is moving upward at somewhat of a 45 degree angle. That is our main range we are focused on playing currently. You see our current Resistance (top black dashed line) is holding strong somewhat similar to bitcoins downward Resistance at the 10k level. That pressure could force us to revisit the mid $20s - $30s range for a very nice second chance at a very sweet deal per coin. We seem to be forming a compression point under current Resistance and the top of horizontal support based off the level of the first major rally. (Circled in red) This is where we find the breakout setup to squeeze us into this tight range of prices. It "could" take up to 6 months to reach the channel support unless if we sold off hard here. Look at the major parallel channel support (green 45 degree line) We want to see that Resistance slap price down to bounce off of that support to rebound off of it and send it flying through the top black dashed line for a major breakout. I know this might sound crazy but based off of the Fibonacci extension from last major bull run could signal for a price in the high 7k range at the end of 2023. Fibonacci to me I dont take serious, I sort of just use it on the side to see how much time it would take to reach the top of the major channel with key Fibonacci levels. (It's for fun! 😁) Time after time after every major bear cycle for bitcoin has only led to bigger and better prices. I think that the total cap will exceed what it did last cycle which means higher prices for coins like litecoin. I wouldn't look to be too aggressive here, I'd sit on order book around last low for potential double bottom off of the channels current support. If that channel can hold we will likely see this play out. *Litecoin already has captured the name of many investors. It is a household name. That popularity benefits the community very much and will help it grow even easier the next cycle.
BITFINEX:LTCUSD
by UnknownUnicorn2319099
4
Litecoin RangingLitecoin more often known as the silver to Bitcoin's gold has surged by more than 100% since its drop on March 12 , 2020. Litecoin is trading at the consolidation marketplace in its Medium-term perspective as we could see from the daily chart. The pressure from the bears in the service in $45.79 on the 5th June is currently fixed today, by the bulls. The response from the bulls pushes the cost up to around $47.32 in the resistance area. LTCUSD is in trading and consolidation between $84.80 in the upper resistance region and at $24.53 at the decrease support region of the range. A breakout in the top supply area or breakdown in the lower place accompanied by a retest may occur hence patience is required to allow this to occur before a position is required.    Staying above $44.80 can lead to strong growth for LTCUSD. • Overall market sentiment regarding the coin remains bullish. LTC/USD Medium-term Trend: Ranging • Resistance Levels : $70, $80, $90 • Support Levels: $20, $10, $5
BITFINEX:LTCUSDLong
by CeoCodes
2
Litecoin/Bitcoin Potential Major Bottom (LTC)This is the double bottom I mentioned in the last post as you can see it settling on the red support and green support. Overall the btc pair looks really good. My main confirmation is when I start to see the 3day and weekly start to show signs of green for a long term hold. I wouldn't blame you if you got very aggressive around here for a long term hold. Just need to see that trend change and support hold as we approach it. Have an awesome day!
by UnknownUnicorn2319099
Litecoin Playing Games. (LTC)The best buy signal will be when we break the downward green Resistance. That's where we get interested for long term as the weekly is starting to show a turnaround to the upside but still very early and not green yet. We cracked the red upward support and now have bounced into an area where Resistance sits from old support. Has wiggle room to go around 54$ but it would have to move along the Resistance to get there. If all S&R holds it might be possible to see a drop to the $23-$25 previous low level. If you pull up ltcbtc you will notice that we have a potential double bottom but currently formed under Resistance. I say place buy limit in mid 20s in case of a drop. See if we can build some accumulation Will update on the weekly close as btc pair approaches this double bottom on btc pair Not aggressive on this one just yet. Let it breathe. Have an awesome day!
COINBASE:LTCUSD
by UnknownUnicorn2319099
2
LITECOIN DUMP now😓🙏🏻Guys, I'm sorry, I won’t write so much, I wanna see a lot of coins.🎯😚 I’ll try to describe the most important on the chart.📊 🙏🏻 I hope for your understanding.🙏🏻 If you have questions, write in the comments.✍🏻 Perhaps, if you are interested in some kind of coins, that I haven't watched yet, write too, I'll be happy look it for you.❤❤ Oh yeah, don't forget to put me like and subscribe💋 Hugging you🤗🤗🤗 YOUR Rocket Bomb🚀💣
BITFINEX:LTCUSDShort
by RocketBomb
6