Update LTC before halving LTC is still trading in the 89-95 range. Level to watch for breakout are 91-94. Only clear breaks of these levels will show the direction for the next big move. Not much to do here. NFA
LTC
🔥 Attention Litecoin Holders: Convert To BTC While You Can! 🚨If you enjoy this analysis, please give it a like and a follow.
Today is the big day: the third LTC halving will happen in a couple of hours. This means that the rewards from mining will be halved, same as the BTC halving.
Although the LTC halving has been generally a bullish event in the months before the halving, it has always been a bearish event once it has happened. Buy the rumor, sell the news.
As seen on the LTC/BTC chart, it has historically ALWAYS been a better option to convert your LTC to BTC after the halving. In other words, BTC has always outperformed LTC in the months after the halving.
Do with this info what you want. All I know is that Bitcoin will very likely outperform Litecoin for the coming months.
LTC - The #Halving is Around The Corner ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
LTC has been trading within a significant range between 85 and 100. Currently, from a short-term perspective, LTC is showing a bearish trend as it is trading inside a descending red channel.
The upcoming LTC halving is worth considering (in 24 hours), and two potential scenarios can be anticipated:
📈 Scenario 1: Bullish Takeover - Medium-term perspective
For the bulls to gain control in the medium-term, we need to observe a daily momentum candle closing above the key round number of 100.0.
📉 Scenario 2: Short-term Buying Opportunity
In parallel, if LTC's price approaches the demand zone near 83.0, we may look for short-term buy setups on lower timeframes.
This could present an opportunity for traders to capitalize on potential price rebounds from the support level.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP, LTC ☁️ Ahead? Both Ripple’s XRP and Litecoin face some clouds ☁️ in the next 24 hours, indicating a downside risk, which should diminish thereafter. ☔🌈
Yet, according to ATTMO, sunny trading conditions ☀️ will prevail over the global crypto market in the coming hours and days. This means that a slightly bullish market with upside potential is likely.
Follow us for more crypto weather reports!
LTC and the Potential Investment Reward Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 260 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target.
🌞 Crypto Outlook with ☁️ for XRP and LTC? Sunny trading conditions ☀️ to prevail over the global crypto market in the coming hours and days, according to ATTMO. This means that a slightly bullish market with upside potential is likely.
Both Ripple’s XRP and Litecoin face some clouds ☁️ in the next 24 hours, indicating a downside risk, which should diminish thereafter. ☔🌈
Follow us for more crypto weather reports!
Litecoin Halving is coming!Hello Traders,
As you know, Litecoin block reward will be halved in a month. In the TA view, we can see a clear breakout on the weekly timeframe.
First target would be ~$135-140.
Max target for this wave = ~$165-170
Please hit the boost button if you agree.
Thanks
LTC Halving is days away, how high can price rise?Technical analysis on Litecoin shows a bullish trend, now the upward setup is starting to gain strength, I expect a stormy start next week.
The price of LTC needs to close the imbalance at the level of 105$.
On the histogram, the divergence confirms the Fibonacci setup.
Litcoin halving 4days away!litecoins halving is only 4 days away and also in a falling wedge
could see nice pump incoming
LTC in a falling wedge? Before a halving event?Is LTC setting up for a strong move to the upside with this falling wedge pattern here? On the daily time scale it has just broken out of the pattern only slightly.
What do you think about this one?...will it blastoff out of the pattern?
#ltc #litecoin
LTC target 123~1321D time frame
-
LTC retesting the triangle structure with a falling wedge
Now it is going to break out the wedge, breakout is timing to take entry.
TP: 123~132
SL: 79.77
LTC/USDT 1D ReviewHello everyone, I invite you to review the LTC chart in pair to USDT on a one-day timeframe. We will start by marking with the blue lines the uptrend channel in which the price is moving, and locally we can mark the yellow downtrend line.
Using the Fib Retracement tool, we can check where the price should have support. And here we can see that the price is in front of the support at $86.63, then we have a second support at $77.80 and then a third very strong support at $68.97.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently facing strong resistance at $98.41 equal to 0.618 Fib, the so-called fibon gold point. We continue to have strong resistance at $114.13, once the price breaks it, it will move towards resistance at $134.29.
The CHOP index indicates that there is still energy to continue the movement. On the RSI we have a visible rebound, we can see that there is room for the price to go lower, however, taking into account the STOCH indicator, which indicates that the energy is exhausted, we can see an attempt to increase the price.
LTC ""PERFECT BOUNCE"" LONG SETUPJust saw the perfect bounce of the golden pocket.
My potential targets for LTC are the blue lines above the 0.5 line.
Take profit accordingly and do risk management according to your portfolio.
""DROP NAME OF ANY COIN YOU WANT ME TO SHARE ANALYSIS ON""
DYOR, NFA
Litecoin Halving Soon!#LTC Short term update
LTC is making this falling wedge pattern and currently holding above the lower level of this pattern,I am expecting some good bounce after the breakout of this pattern.
wea can long here with SL of 86.40$
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
For more Quality Charts Analysis, follow us.
I'm grateful.
Litecoin halving soon. How the LTC price will react?Today, let's look at what is happening on the LTCUSDT chart
In 33 days, LTC Halving will take place, which means that the reward for a mined block will be halved.
Previously, before the two previous halvings, which occurs every 4 years, the LTC price peak was reached 40-42 days before the halving.
We described it in more detail here:
This year, it seems that this pattern has been broken.
For more than 4 months, the LTCUSD price has been in consolidation, twice entering the buy zone, which was also mentioned in previous ideas, and then the price bounced up sharply from there.
Therefore, it seems more likely to us that the Litecoin price will break out of this consolidation to the upside.
For ourselves, we have set a price range of $128-136 as the first place where we could cover some of our longs and take profit on medium-term trades.
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LTC ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LTC/USDT Review 4H Hello everyone, I invite you to review the chart of LTC in pair to USDT. Let's start by marking the local downtrend line with a yellow line as we can see the price is about to try to break this line.
Moving on, we can move on to marking support areas when we start a larger correction. However, here we see that the price is at the upper border of the $93 to $87 strong support zone, when the price falls below this zone, the next support is at $80.
Looking the other way, we can mark the first support at $98.99, then we have a strong resistance zone from $105 to $109, only after an upward exit from this zone, the price will move towards resistance at $114.87.
When we turn on the EMA Cross 50 and 200, we can see that the price is moving just below the EMA Cross 200 and is close to an uptrend, which would indicate a return to the uptrend.
The CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD remains in the local uptrend, while the RSI has a visible increase, but there is room for the price to go a little higher in the coming hours.
LTC Halving Potential Long Next WeekAs the lite coin halving is approaching there is some potential bullish price action building on the chart.
This is a 4 hour line chart with a clear wedge falling right into a local golden pocket at a known past support level.
It is impossible to predict a brake out date or price targets but high probability time frame would be by the tip of this wedge on August 1st and for price a 1.5-1.618 expansion of this range would be a 55% price rise corresponding to past resistance.
Trade Well.
🔥 Litecoin Halving In Two Weeks: Bad News For Holders! 🚨In this analysis I want to take a look at the upcoming LTC halving event and the impact it has on Litecoin's price.
I chose to plot the LTC/BTC chart since it give a perfect view of the relative performance of Litcoin against the top crypto Bitcoin. A rising value means that LTC gains against BTC, and a declining line means that LTC loses value against BTC.
We can deduce a couple of interesting things from this chart.
- The LTC/BTC value always sees some kind of pump in the last 6 months to the halving. Furthermore, the LTC/BTC value tops well before the halving actually takes place.
- After the LTC halving, the LTC/BTC value has (thus far) never continued to increase in value after the halving. Actually, the halving was always the start of a very long bear trend.
Seeing the above, we can assume that the LTC halving will NOT have a positive impact on Litecoin's value against BTC. Sure, LTC can see an increase in value, but BTC will most likely outperform LTC.
Use this info to your advantage. Share your thoughts in the comments 🙏
Litecoin has turned negative.Litecoin - 24h expiry - We look to Sell at 97.78 (stop at 101.38)
Bespoke resistance is located at 98.
97.85 has been pivotal.
Short term bias has turned negative.
The trend of higher intraday lows has also been broken.
Preferred trade is to sell into rallies.
Our profit targets will be 88.78 and 86.78
Resistance: 93.00 / 95.00 / 98.00
Support: 89.12 / 88.00 / 86.00
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Litecoin: Bull Market TargetsWhen CRYPTOCAP:TOTAL and CRYPTOCAP:TOTAL2 enter their bull markets, large capital will look for save havens to increase their purchasing power.
While Bitcoin has proven time and time again to be an amazing hodl after the accumulation phase, it's R:R is reaching diminishing returns.
Major Altcoins that have proven the test of time, like Ethereum and Litecoin, will start to get more attention during these bull markets as a safe place to massively increase purchasing power.
Cross referencing Charlie Lee's Tweet, and the levels he's suggested vs Bitcoin, paint a very logical target for pattern and range traders anyway.
So, post halving - and into any liquidity events (COVID19, FTX Collapse etc as examples) - I will be looking to bag up Litecoin.
