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LTC

✴️ Litecoin Next Target Mapped Series ($158 Next)Two things mainly when looking at Litecoin. The correction happened suddenly and strong but the same as it happened to all other pairs. We can see Litecoin bouncing perfectly off the 0.618 Fib. retracement level for the entire bullish wave that started in June 2022. We have the highest volume since November 2022. If you remove the 3d candle from November 2022 then we have the highest buy volume since November 2021... This tells you everything you need to know. Litecoin is gearing up, preparing, loading to go up, up, up. The next target I see as $158. A bit higher, maybe $167 or so before another correction, longer in duration than what we just saw. This potential remains valid above the June 2022 low, almost impossible to negate and so we say Litecoin has high probabilities of continuing up. Namaste.
Long
by AlanSantana
3
LTCUSDTLTCUSDT LTC engulfed on the 8-hour chart and is already strongly returning towards the MM200, but before that it has the resistance imposed by the Keltner Channel at 77.13 2 85.94.MACD and positive RSI, show a probable trend reversal. Despite the current market turmoil , the network's latest update confirms that it has maintained its transaction consistency on BitPay. The Litecoin network had the second highest number of transactions in the last six months, second only to the Bitcoin network. In February it controlled 23.71% of all transactions on BitPay. Follow the supports and resistances in the 1H team Brackets: 67.65 / 66.97 Resistances: 68.75 / 69.02 NQ1 opened very volatile, watch out for today's trades! Low leverage please!!
Long
by ferulianov
Only the Truly Decentralized and Trustless Chains Will SurviveCrypto is in a situation right now where it's purging all of the toxic assets in the sector and when looking at the domiance and total charts it all points towards many of the alt coins eventually going to 0 and giving up all of their dominance to a handfull of truly Decentralized and Trustless Chains. Assets like XMR, LTC, and BTC feel like safe picks but Centralized Chains with constant scams such as Ethereum and BSC will all likely soon collapse. What we can see on the charts is that LTC Dominance Remains at the PCZ of a Bullish Deep Gartley and is Targeting atleast 4% Market Dominance and BTC is at the PCZ of a Bullish Shark and may also be Double Bottoming which could take it towards 70% or even over 90% Dominance. Meanwhile Ethereum is in a Pattern where it will likely lose more than 70% of it's Marketcap Dominance upon Breaking Down and this would likely take most of the quote-unquote so-called DeFi projects down with it.
CRYPTOCAP:ETH.DLong
by RizeSenpai
1
LTC: Oversold at SupportLitecoin (LTC) technical analysis: Trade setup : Following a Bearish breakout from Channel Up pattern, price broke below $80 and $70 support, and below 200-day MA, reversing trends. It is very oversold now (RSI ~ 20) and could bounce up near-term. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $70, which it broke, then $60. The nearest Resistance Zone is $80 (previous support), then $90.
Long
by altFINS
LTC - Approaching A Support 🔑 Analysis #6/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. LTC rejected the 100.0 weekly resistance and traded lower. Now it is approaching the lower red trendline. Moreover, the zone 60.0 a strong weekly structure. 🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the red support zone and lower red trendline. (acting as a non-horizontal support) As per my trading style: As LTC approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
3
🚀 LTC IS CRAZY!Locally, the coin is under a downtrend (red descending line). In case of breakdown of this line, we will see a hike to the level of $88. $88-93 are key resistances. Pay attention to what volumes are concentrated at these levels. I highlighted the supports with orange lines. We will observe the reaction at these levels. I will go long from these levels with a small volume (I will reduce the risk, since in general we have a lot of limits set now). Usually, Litecoin skillfully works out breakdowns of dynamic lines. Let's see what happens this time.
by ilyasolloway
8
LTC/USDT 1DInterval Resistance and SupportI invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel from which the price came down. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $83, where the price is currently located, the second support is at $77, the third support is at $70, and then we have the fourth support at $60. Looking the other way, we see first resistance at $88 to $91, then second resistance at $94 to $97, then support at $100, then support at $105. Please look at the CHOP index, which indicates that there is some energy left for further movement, the MACD indicates that we are moving in a downtrend, while the RSI has a rebound and we are approaching the lower limit of the range.
by cryptodailyuk
Whether or not the price defense will be successful is the keyHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The key is whether the price can sustain the price by rising above the HA-High indicator on the 1W chart. ----------------------------------------- (LTCUSDT 1D chart) You need to make sure you are supported and able to ascend near 85.91, the lower point of the ascent channel. If not, you should check for support around 74.32-81.33. As long as it does not fall below the long-term downtrend line (1), we expect it to continue its uptrend. In order to continue the full-fledged upward trend, it is expected that it will start when it rises above 89.95-100.50. Looking at the 'Vol & Trend' indicator, it shows that the selling force is increasing while the trading volume is showing sideways. Therefore, I think it is important to have support around 85.91. If the selling force continues to rise, there is a possibility that it will fall out of support around 85.91, but for now, we can see that the price is well defended. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ---------------------------------
by readCrypto
2
#LTCUSD - A 30% Drop Before Rising Up?Coming off a fresh rejection off the descending resistive trend line we've received a Sell signal from CTv2, there's around 30% drop until price would meet support at an intersection of ascending trend lines and a historic SR level. This is our target! _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:LTCUSDShort
by theCrypster