LTC/USDT 4Hr UPDATE !!Hello, welcome to this LTC/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-LTC is one of the oldest altcoins in the market, having been launched in 2011. While it may not be flashy or new, its price action has been quite impressive of late. Litecoin has managed to go up steadily since June 2022. This is what some altcoins have achieved during this bear market.
Somehow, Litecoin closed the last week with a price increase of around 10% after breaking $70 once again. The bulls are eager to push this cryptocurrency higher, and they may even challenge the key resistance at $80.
Looking ahead, LTC is one of the few cryptocurrencies that is well-positioned to make higher highs. Right now, its biggest challenge is breaking above $80. Perhaps this second attempt could be successful, which could propel the cryptocurrency toward $100.
This is not a piece of financial advice.
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LTC
The trend is upward in the daily timeframeLTC continued its price increase last week. Maintaining the uptrend line it intended for broke the resistance of the $70-$72 range, and the price continued to rise to the $78 level. We can consider an ascending channel for the current price. Breaking the resistance of the $78 range could create a new bullish wave in the 4-hour timeframe and activate the next target in the $82-90 range. Considering that the trend is upward in the daily time frame, breaking the upcoming resistance, if accompanied by strong ascending candles in the daily time frame, can bring the price to the next target. Finally, to break the ceiling of the descending channel, a strong bullish candle needs to be closed above the $90 resistance zone in the weekly time frame. Otherwise, the failures can be fake.
💲 Litecoin Better Buckle Up 💲💲 Litecoin Better Buckle Up
💲 Nearest strong support zone: around the fibo level 0.5 of the entire downward wave.
💲 Nearest strong resistance zone: around recent local peaks.
💲 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
- Supertrend: Downtrend
💲 Price action: Litecoin as I have written many times before really stands out very positively against all major cryptocurrencies. It is currently crossing paths in the entire crypto market. I believe I can say that because it has already broken out by a whole 100% since the bottom. Looking at the formations it's shaping, it's hard not to get the impression that we're in for another wave of growth on this cryptocurrency. Currently, we have pierced the level of 0.618 of the entire last downward correction. The nearest resistance zone is the level of the last local peaks. In the perspective of the next weeks, I see Litecoin higher and higher if we start to see increases in the US indices which are highly correlated with the the entire crypto market.
💲 The scenario I'm playing out is a continuation of the increases over the next weeks/months considering the possibility of a reaction at the nearest resistance zones. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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LITECOIN 2021 Bullish SetupAt this point, im still bullish on Litecoin, more so because its history has been some of the best gains at the end of a bull market i've seen in any other coin. Not only is this coin the best Crypto out there, its still the most under valued and I think Litecoin will reclaim that throne in the future. Look out for Prices above $1,000 on the Bull run, but if you short at $1000, I am confident you will sweat. Litecoin is the silver to Bitcoin's gold and has an amazing team behind it. The founder has claimed Litecoin as "His baby" and he is still working on making it better. Once Bitcoin prices rise to higher values, investors will start looking at Litecoin more and more. I am confident that the Litecoin price will reach 10,0000 usd by the year 2030. This coin is a must have and proven time and time again that its still the best crypto out there. Not even once has the network gone down but ETH and BTC have had blackouts before... but not Litecoin.
Chikun take off target can not be ANY lower than 107-111usd this year. LTCBTC is due to breakout this year so that should send once again LTC to the final target.
TP Bull targets below
TP MIN 1000 usd
TP 1 = 1200 usd
TP 2 = 1405 usd
TP 3 = 1680 usd
LITECOIN 2021-2022 FINAL BULLGreetings. As always i'm happy to share my long charts. Seeing how i've been developing the price action and sentiment on Litecoin all year its pretty clear to me now that it's November 2021 that the price will move up and same as Bitcoin, Litecoin is in the middle of Wave 5. This is a major rising wedge due for breakout and overshoot to parabolic on or around February 2022. LTC can't get much lower from here, or the bull market quickly converts to Bear Market. But I say we are close. TARGETING a final price of 2590 USD at the very top. This price for Litecoin is not a shocker, especially with the developments Litecoin has been releasing especially MWEB (Mimble Wimble) Privacy, smart contracts, and more.
I am targeting a final dip to 290 - 202 USD LTC. We can not sustain much lower or we will have issues declaring a bull market.
LTC/BTC Respecting the .236I am curious to see how this situation goes.
It seems like LTC needs to cool off on some of the lower time frames.
But here on the 4 hour, the stoch rsi is low and turned upward, and the price action is respecting the minimum .236 Fibonacci level.
The general trend is up, so my bias is another pump.
Only time will tell.
LTC - Good Key To Feel The Market!🔑Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
I always keep an eye on Litecoin to feel the overall crypto market.
LTC has been overall bullish from a medium-term perspective trading inside the red rising broadening wedge pattern.
After rejection the upper red trendline and breaking below the last minor low in gray the bears took over for a bearish correction.
As we trade lower, we will be approaching the lower bound of the rising broadening wedge .
Moreover, the red zone is a previous high and demand zone.
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the red demand zone and lower blue trendline. (acting as non-horizontal support)
As per my trading style:
As LTC approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
If we break the lower red trendline downward, then expect further bearish movement till the lower bound of the big blue wedge around 55.0
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Litecoin to turnaround?Litecoin - 24h expiry - We look to Sell a break of 73.78 (stop at 75.81)
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A higher correction is expected.
A break of bespoke support at 74, and the move lower is already underway.
Our profit targets will be 69.01 and 68.01
Resistance: 76.00 / 77.55 / 79.50
Support: 74.00 / 71.00 / 69.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LTCUSDT 1D Interval - Resistance and SupportI invite you to review the LTC to USDT chart on a one-day timeframe. We will start by marking the sideways trend channel and then we can mark the local downtrend line.
Now, with the help of Fib Retracement, we will check the resistance places for the price, and here we see that we first have a strong resistance zone from $74 to $82, when we manage to break it and test it positively, we have another resistance at $93 and $107.
Looking the other way, we can mark the support areas, as you can see we have the first support at $68, the second at $62, then we can mark a strong support zone from $57 to $48, however, if it is broken and the price drops below the lower limit of the channel, we have another support at $40, which is my last low.
As we can see on the CHOP index, the energy has been used for the last move, the MACD confirms the downtrend, while the RSI touched the upper range, which means that we can expect a price correction.
The Macro Defying Bullish Continuation In LitecoinWe had a bit of a bearish pullback because of Bitcoin and it was tradable thanks to the Bearish BAMM but now Litecoin just finds itself back at a major support that happens to align with the 200 SMA and the 1.414 Butterfly BAMM PCZ. If Litecoin can pivot from here i think it will go for that $99-$105 target though a more short term target would be $74-$77
XRP & LTC - Profitable Altcoins for 2023Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
If I haven't already told you, Happy New Year 🥂
I'll be making a series of updates on Altcoins that have decent upside potential during 2023. I'll specifically select alts that are trading low and altcoins that are known to pump and dump independently of the overall market trend (bearish or bullish). It will be in your best interest to watch these alts, especially with talks of a recession on the rise. Good opportunities will be few and far apart, but you can still count on a few coins to rally during bear markets. Today's picks are XRPUSDT and LTCUSDT.
Check out my NEAR TERM view on BTC here : 👀
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💲Litecoin Will Continue To Rise?💲💲Litecoin Will Continue To Rise?
💲Looking at the entire crypto market, Litecoin stands out very positively.
💲It has been trending up and up for some time now, maintaining its strong upward trend at a time when most cryptocurrencies are stagnant.
💲We are currently at a strong support zone which is holding the price for now.
💲The nearest resistance zone is near the recent highs.
💲Looking at the technical environment, a continuation of the uptrend currently seems very likely.
💲The scenario I am playing out is a continuation of the increases with the target at new local peaks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
LTCHello from the hamster cage! =))
The new stable - BTC prompted me to return to scalping these weeks, total: 10% to the deposit within 1 week. Either there are no nerve cells left, or I am confident in my trading system, but my emotions have become much less.
LTC has completed the 4th wave of growth, now we are forming wave 5.
There is also a zone of imbalance and SMMA playing the role of resistance on 3D timeframe.
Besides I expect to see a classic bearish divergence when the wave 5 is formed.
I will start taking some short positions in the red zone.
At the moment I am considering longs when the price comes to 73.47, 71.97, 70.46
Happy New Year everyone! This year, I promise myself to diligently keep a diary of situations and finally get into YouTube. I want to do reviews on trading, but I can’t decide in which language: English or Korean =(
What do you promise yourself in the new year?
Litecoin to find support at previous resistance?Litecoin - 22h expiry - We look to Buy at 71.01 (stop at 69.14)
Short term bias has turned positive.
20 8hour EMA is at 70.60.
Previous resistance at 71 now becomes support.
We look to buy dips.
Our profit targets will be 75.69 and 76.69
Resistance: 76.34 / 78.00 / 79.50
Support: 74.00 / 71.00 / 70.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
STRAXUSDJust having a look at Strax, Strat, Stratis and the chart is looking pretty nice. Most of my "3 Reasons For a Trade" are here
We have Location: Price right at the bottom of original support
Indicator confirmation: So we have OBV which is pretty bullish and in the positive numbers, people are accumulating. Seeing HL in the histogram and bullish divs working. RSI is kind of no where but when you look at the history of the RSI on Strax you can see its actually never gone into over sold. Its still creating HL while price is making LL. Willy is stupidly over sold and thats exactly where i want it when im looking to take nibbles. Price is trading at the POC and all I need now is a W in price.
Long story short, to me this is nibble worthy and I will be risking to the lows.
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