My overall sentiment remains bullish on LTC until the halving event. Although I initially experienced a loss when attempting to scalp (short term) the market from $79 down to $75 with 10x leverage between Thursday and Sunday, I decided to close the position at $82.5 and shift towards a long position. To recover some of the earlier trade losses (due to an exchange...
What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the Litecoin 1H chart. Let's dive right in... Ticker: LTCUSDT Date: 05/12/23 Timeframe: 1H Supply: 83.82-85.24 (1st red zone), 89.07-89.86 (2nd red zone) Key zone: 81.41-82.00 (grey zone) Demand: 75.18-77.74 (green zone), 65-67.58 (green...
Litecoin - 24h expiry Previous support at 84.00 now becomes resistance. We look for a temporary move higher. Our short term bias remains negative. 50 4hour EMA is at 84.33. We are trading at oversold extremes. We look to Sell at 84.23 (stop at 87.23) Our profit targets will be 77.23 and 75.23 Resistance: 80.00 / 82.00 / 84.00 Support: 76.60 / 75.20 /...
Catching a bounce on Litecoin, with the first target 90 then 92 and 94. 2 stop options under 95 and over the low of 94. Buy from the current zone or on a pullback. Support the author subscribe ✅ and start rocket 🚀. Good luck and profit to all.
Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98) There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. 83.78 has been pivotal. A break of the recent low at 83.78 should result in a further move lower. We look for losses to be extended today. Our profit targets will be 75.98...
It seems to us that the LTCUSDT price is consolidating before a strong upward momentum. The upside potential is +60%, and if we are lucky, it will be +100%. In general, today's idea fits into the concept of the idea from 2 months ago, where we recommended buying Litecoin no earlier than 65-73$ Last night, when the BTCUSDT price updated its local low, the...
The top cap indicator in red shows the prior bull run top for LTC in 2017 at roughly 350 We are now experiencing a similar bullrun so expect similar bull moves Plotted bars pattern in green to the top of the top cap indicator
LTCUSD has broken above in a nice little channel a serious down trend This breakout will lead LTCUSD into a new bullrun which is coming. Bullish on this Weekly
Litecoin - 24h expiry - We look to Buy at 88.82 (stop at 85.82) Daily momentum has stalled and our bias is now neutral. Daily signals are mildly bullish. 50 1day EMA is at 88.62. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips. Our profit targets will be 96.32...
Litecoin - 24h expiry - We look to Buy a break of 95.51 (stop at 92.51) Posted a Double Top formation. There is no clear indication that the upward move is coming to an end. Daily signals are mildly bullish. 95.69 has been pivotal. A break of yesterdays high would confirm bullish momentum. Our profit targets will be 102.51 and 103.51 Resistance: 94.50 /...
Litecoin creates continious pattern falling wedge Buyers come into market and support it many times LTC is Ready to fly A pullback is expected before start to up
Litecoin breaking the moving average in the monthly timeframe indicates a bull market. $130 is seen as the target first, but higher levels can be seen if this is broken.
Litecoin - 24h expiry - We look to Sell at 94.28 (stop at 97.64) Price action has continued to range within a triangle formation. Bespoke resistance is located at 94.50. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Price action has broken from the previous formation. Early...
Historically, when a global growth trend emerges, Litecoin is ahead of the "train" and sets the pace. We described this in more detail, with graphs and comparisons, in our previous idea here: If we look at the LTCUSDT chart, we will notice that while almost the entire market was still growing well in the previous weeks, the LTC price stopped before an...
the third halvening is expected to occur around July-August ! What is the litecoin halvening? -Litecoin halving, also known as Litecoin halvening, is an event that occurs every 840,000 blocks on the Litecoin blockchain. During this event, the block reward that miners receive for verifying transactions on the Litecoin network is reduced by half. This means that...
Litecoin - 16h expiry - We look to Buy at 78.71 (stop at 75.71) Price continues to trade within the triangle formation. Trend line support is located at 78.70. We look to buy dips. Expect trading to remain mixed and volatile. Daily momentum has stalled and our bias is neutral. Our profit targets will be 85.91 and 86.91 Resistance: 82.00 / 83.28 /...