LTC
LTC: Pullback in UptrendLitecoin (LTC) technical analysis:
Trade setup : Break above $90 had failed to hold up and price broke back below this key leben and is approaching a support zone around $80 and 200–day moving average, which could be an attractive swing entry.
Trend : Downtrend on Short-Term basis, Uptrend on Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, then $105.
LTC/USDT Technical Analysis ( What Halving Targets )LTC/USDT Technical Analysis: Bearish Trends and Upside Opportunities
LTC is currently trading at $84, displaying a bearish trend. Our analysis suggests a potential downtrend continuation towards $78. Previous resistance at $100 resulted in a rejection, but key support levels offer potential upside opportunities.
If LTC holds the strong support at $78 and breaks above $100, we may witness renewed upward movement. This could lead to an upward rally towards the $140-$150 range. Traders, keep a close eye on the breakout at $100 for potential bullish momentum.
On the downside, a breakdown below $78 could trigger further declines. In such a scenario, downside targets of $60 and $50 come into play. This presents a potential long-term buying opportunity for those looking to accumulate LTC at lower prices.
Key Levels:
Support: $78, $63, $50
Resistance: $102, $150
Disclaimer: This analysis is not financial advice. Please conduct your own research before making any investment decisions.
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Litecoin to breakdown?Litecoin - 24h expiry - We look to Sell a break of 88.78 (stop at 91.78)
Daily signals are bearish.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of the recent low at 88.90 should result in a further move lower.
Expect trading to remain mixed and volatile.
Although buying has been posted overnight, the rally has been limited.
Our profit targets will be 81.28 and 80.28
Resistance: 93.00 / 94.15 / 95.00
Support: 90.20 / 88.90 / 87.50
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MKR/USDT Technical Overview: Potential Correction Before Bull RuMKR/USDT Technical Overview: Potential Correction Before Bull Run, Key Levels and Targets Revealed
In this comprehensive MKR/USDT technical overview, we delve into the current state of the market, analyze the chart patterns, and identify potential entry points for accumulation. While this article does not provide financial advice, it aims to equip readers with valuable insights to aid their own research and decision-making process.
Current Market Analysis
MKR is currently trading at $632, presenting an opportunity for potential accumulation.
Chart analysis indicates the possibility of another correction before a bullish leg up.
Best Entry Points and Resistance Levels
Consider starting accumulation slowly within the $430-$500 range, which offers an attractive entry point.
Breaking the Resistance TrendLine is crucial to entering the anticipated bull run.
Pay attention to the significant resistance area marked by the Red Line box.
Targets for the Next Bull Runs
Several exciting targets lie ahead in the upcoming bull runs: $850, $1170, $2315, $3806, and $6350.
These levels represent potential milestones during the expected upward price movements.
CryptoPatel Key Levels
Support level: $400, which may provide a solid foundation during price retracements.
Resistance levels: $850, $1170, $2315, $3806, and $6350, representing critical milestones to overcome during the bull run.
Takeaways:
MKR currently presents a buying opportunity, with a potential correction before a bullish leg up.
Accumulation can be initiated in the $430-$500 range, with an eye on breaking the Resistance TrendLine.
Significant resistance is anticipated within the Red Line box area.
Targets for future bull runs include $850, $1170, $2315, $3806, and $6350.
CryptoPatel identifies $400 as a key support level and highlights the resistance levels for traders to monitor.
Conclusion:
While this MKR/USDT technical overview provides valuable insights into the current market conditions and potential price movements, it is essential for readers to conduct their own research and exercise caution before making any investment decisions. Stay informed, analyze the market diligently, and develop a comprehensive strategy to navigate the exciting world of cryptocurrencies.
Note: This article does not constitute financial advice and should not be interpreted as such.
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Litecoin #Intraday shortThe countertrend-risk deal.
The logic of the deal.
Sell from a strong area of $94, in this zone under the level passed large volumes, closed with a small pin bar. Sell from the current price or at the beginning of the movement and breakdown of 92.
I expect a correction after the growth, with targets 90, 88, 86.
Stop behind high or second stop above 96.
Support for the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
🔥 Litecoin Bull-Flag Break OutLTC has been on a massive move over the last couple of weeks, arguably in anticipation of the LTC halving.
After a week of sideways movement, LTC has finally broken out of the bull-flag pattern and is resuming upwards.
First target at the most recent local top, second target at 100.
Unleashing the Bull: MASK/USDT Primed for a 20x Potential in theTechnical Analysis Indicates Bullish Long-Term Potential for MASK/USDT
The cryptocurrency market has seen significant growth recently, and one coin that has shown remarkable performance is MASK/USDT. With a 350% increase in just 7 months, the coin has caught the attention of investors. In this article, we will analyze the technical aspects of MASK/USDT and discuss its potential for further growth.
Technical Analysis Overview:
The current trading price of MASK/USDT stands at $4.48, indicating a substantial upward trend. The coin has already reached $7.40, which is six times its recent bottom, showcasing its strong growth potential. From a technical analysis perspective, the outlook for MASK/USDT appears bullish in the long term.
Support and Resistance Levels:
The recent price action suggests that MASK/USDT has bounced from the support level of $3.70, indicating a positive momentum. Based on this, it is reasonable to expect a potential rise to $6 in the coming days. However, it's important to note that $6 represents a strong resistance level. If MASK/USDT manages to break through this resistance, it could embark on a skyward trajectory toward a new all-time high.
Potential Upside:
Considering the current market conditions and the technical analysis, there is a possibility of significant upside potential for MASK/USDT. If the coin successfully breaks the $6 resistance level, it could experience a substantial surge. With a projected 20x potential in the next bull run, the coin becomes an enticing investment opportunity.
Entry Points and Targets:
For investors considering entry into MASK/USDT, it is advised to consider a partial entry strategy. The suggested entry points are:
Entry 1: $4
Entry 2: $2
After breaking through the $6 resistance level, the following price targets become relevant:
Target 1: $14.50
Target 2: $35
Target 3: $80
Market Dominance Considerations:
It is important to monitor the dominance of cryptocurrencies in the market. If dominance continues to rise, it may create buying opportunities when altcoins experience a decline. In such scenarios, it is advisable to accumulate small quantities of MASK/USDT at $4, while reserving substantial buying power for an opportune moment around $2.
Conclusion:
In conclusion, based on the technical analysis, MASK/USDT appears to have significant bullish potential in the long term. With recent support levels and resistance identified, investors can plan their entry points and set realistic targets. However, it is crucial to conduct thorough research and analysis before making any investment decisions. Keep in mind that this article represents an opinion and should not be considered financial advice.
Takeaways:
- MASK/USDT has shown a remarkable 350% increase in just 7 months.
- Technical analysis suggests a bullish outlook for MASK/USDT in the long term.
- $6 represents a strong resistance level that, if broken, could lead to new all-time highs.
- The coin has a projected 20x potential in the next bull run.
- Consider partial entry strategies with suggested entry points at $4 and $2.
- Price targets after breaking the $6 resistance level are $14.50, $35, and $80.
- Market dominance fluctuations may provide buying opportunities for MASK/USDT.
- Conduct thorough research before investing and seek professional advice if needed.
Disclaimer: This article represents the author's personal opinion and should not be considered financial advice. Always do your own research before investing in any cryptocurrency.
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🔥 Litecoin Halving Soon: Pump & Dump?The Litecoin halving is around the corner. In a couple of months we will see the rewards per block halved, substantially decreasing the supply of Litecoin. If you're familiar with BTC halvings, LTC works the same.
Historically, LTC has seen an increase in demand to front-run the halving event. The last time this happened, it was a buy the rumor - sell the news event.
I'm anticipating the same thing this time as well. My expectation is that LTC will see some kind of pump over the next couple of weeks towards the blue target area. This will most likely also be the 2023 top.
Do you think LTC will still pump? Share your thoughts🙏
Two Possible Scenarios for LTCHi everyone! While the market is not stable and is in uncertainty, it is not advisable to trade. But let's consider one idea for LTC. The asset is moving within a large triangle, the price is responding well to its trend lines, as well as Fibonacci levels.
What can we expect?
The first option is a breakout of the descending boundary of the triangle and a touch of the Fibonacci level of 0.618. If the sentiment in the market is bullish by this time, we can expect the continuation of growth.
The second option is a breakout of the ascending line of the triangle and a drop in price to the nearest strong Fibonacci level of 0.236.
This is not a trading recommendation, everything you do, you do at your own risk.
Analyzing Litecoin (LTCUSD) Impulsive Surge with Elliott WaveShort term Elliott Wave View in Litecoin (LTCUSD) suggests the rally from 3.11.2023 low takes the form of an impulsive Elliott Wave structure. Up from 3.11.2023 low, wave 1 ended at 103.41 and pullback in wave 2 ended at 75.37. The crypto-currency has now rallied higher in wave 3. Up from wave 2, wave (i) ended at 82.07 and pullback in wave (ii) ended at 77.17. Internal subdivision of wave (ii) unfolded as a zigzag where wave a ended at 77.33, wave b ended at 81.95, and wave c lower ended at 77.17. This completed wave (ii) in higher degree. Up from there, wave i ended at 81 and pullback in wave ii ended at 79.64.
Wave iii higher ended at 93.59 and pullback in wave iv ended at 90.34. Final leg higher wave v ended at 94.98 which completed wave (iii). Expect Litecoin to pullback in wave (iv) before turning higher again in wave (v). This would complete wave ((i)), and the crypto currency should then pullback in wave ((ii)) to correct cycle from 5.8.2023 low before the rally resumes again. Near term, as far as pivot at 75.37 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.
LTC: Resistance BreakoutLitecoin (LTC) technical analysis:
Trade setup : Price bounced off of support trendline (blue line in chart) and 200-day moving average, and broke back above $90 resistance. Momentum turned bullish again (MACD crossover and RSI crossed above 50 centerline), and price could revisit $100-$105 resistance zone where it got rejected 3x. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high.
Trend : Uptrend on Short-Term basis, Downtrend on Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, which it broke, then $105.
LTC/USDT Technical Analysis: Halving Analysis Points to Bullish LTC/USDT Technical Analysis: Halving Analysis Points to Bullish Trends
In this technical analysis of LTC/USDT, we will delve into the current price movements of Litecoin (LTC) and its potential for short-term and long-term gains. We will also discuss the upcoming halving event and its impact on LTC's price action. Please note that this article is for informational purposes only and should not be considered as financial advice. Conduct thorough research before making any investment decisions.
Key Takeaways:
LTC has experienced a strong bounce from its support level of $75 and is currently trading at $91, marking a 140% increase from the bottom.
The bullish sentiment is reinforced by the anticipation of the upcoming halving event, which may drive LTC towards a $140 target, representing a 70% increase from the support level.
LTC is currently facing resistance at the $98 level, but it is expected to break through soon and soar towards the $130-$140 range, which would be an ideal exit point for short-term investors.
After reaching the resistance zone, LTC could undergo a significant correction, potentially retesting the $50-$60 range. This dip presents an excellent opportunity for long-term investors aiming for substantial gains.
Looking ahead, LTC's long-term targets are projected at $300, $500, and $700, indicating its potential for significant growth during the next bull run.
Analysis:
LTC's recent performance suggests a bullish trend, supported by its strong rebound from the $75 support level. This positive momentum can be attributed to the forthcoming halving event, which is expected to enhance LTC's value proposition. With the price currently at $91, there is a possibility of a 70% surge towards the $140 target before the halving.
Nevertheless, LTC faces a resistance level at $98, but market sentiment suggests a breakthrough is imminent. Once this resistance is surpassed, LTC could embark on a bullish run, with the $130-$140 range serving as an optimal exit point for short-term investors.
However, it is important to note that after reaching the resistance zone, LTC may experience a significant downward correction. This anticipated dip could see LTC retesting the $50-$60 range, offering a favorable entry opportunity for long-term investors aiming for substantial gains during the next bull run.
Conclusion:
Based on technical analysis, LTC currently exhibits bullish tendencies, with the upcoming halving event serving as a catalyst for potential price increases. Short-term investors may consider exiting their positions in the $130-$140 range, while long-term investors can look to accumulate LTC during a potential dip around the $50-$60 range post-halving. With long-term targets projected at $300, $500, and $700, LTC presents an appealing investment opportunity during the anticipated bull run.
Disclaimer: This article does not constitute financial advice. Always conduct your own research and consult with a professional advisor before making investment decisions.
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LTC is showing growth.Hello everyone! I've noticed that in the past few days, LTC has been showing growth consistently. I will conduct a brief analysis to understand the reasons behind this and what we can expect in the future. I believe most of you are aware that we have a halving event coming up, specifically in 72 days. I have explained what halving means in my previous posts. Additionally, we have a very positive news background. The launch of the LTC-20 network is also imminent, which could further push the price upwards. The coin is also being traded within an ascending channel globally, providing opportunities to buy at the lower boundary for profit-taking at the upper boundary. So, let's keep an eye on LTC.
LTC, TRI-MONTHLY CHART... on target to 200 levels come HALVING.LTC, accumulation and price growth this past few days has notably surpassed its 'bluechip coin' peers.
As we speak we are now at 92 level area from the 80.0 a while back -- with the public anticipating higher valuation come halving which will come in 74 days.
Expect a series of price ascend from here on -- targeting its previous peak at 200 with a breakout prospect till ATH levels at 480.0.
Certainly, holders continue to add on their holdings as volume keeps registering above average levels.
TAYOR
Safeguard capital always.