LTC
LTC: Pullback in UptrendLitecoin (LTC) technical analysis:
Trade setup : Bearish RSI divergence made us cautious and indeed price could not hold above $75 key level. Price remains in an Uptrend and pullback near $60 support and 200-day MA could be a swing entry opportunity.
Pattern : Bearish RSI divergence occurs when a coin makes a new high in price but the RSI does not make a corresponding new high value. In other words, a bearish divergence forms when a coin price records a higher high and RSI forms a lower high. RSI does not confirm the new high and this shows weakening momentum.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and 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 $60 (previous resistance), then $50. The nearest Resistance Zone is $75, then $100.
Bitcoin 12.000 bad scenario for cm before christmasBitcoin 12.000$ soon because markets in bull/bear fight right now
Cryptomarket traders hear bad news since 2022
News about Bankman fried arrested
Maybe result bad/good for cryptomarket
I believe we see negative a result on cryptomarket pricing
Btc 12.000
Eth 600
LTC 35
Doge 0.034
LTC is look weak for time beingSo tomorrow CPI (consumer price index) data will be released.
if CPI report comes below 7.9-7.8 it's going to be bullish for all the markets and this idea will be invalidated.
but part of me believes that report is going to come above 8.0 if that happens LTC and all other coins will fall to previous lows.
There is another scenario which I am also thinking it might happen. the market will fall below previous lows before CPI reports comes out. then market will pump. (The most likely scenario)
as of now I am shorting the Litecoin from 74.40 my current target is around 68-64$
i will update the idea time to time.
Thanks .. this is not financial advice please mange your risk
💲Litecoin Declines To Strong Support Zone💲💲Litecoin Declines To Strong Support Zone
💲Litecoin has been falling quite rapidly in recent days.
💲All thanks to the correction that is taking place on the main US S&P500 index
💲The entire crypto market has taken a hit along with this decline.
💲It looks like Litecoin still has some strength left to fall.
💲Ahead of us near the $57 price level is the 0.618 fibo level of the entire upward wave from the bottom to the current peak.
💲I have set a support zone there, which I expect to be captured over the next few days.
💲The scenario I'm playing out is a continuation of the decline to the support zone where I'll be watching closely to see how the price will react, waiting for the next upward wave. 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.🚀
The Silver Narrative Goblin Capital presents you another OG coin that is about to rip.
The 'Goblin Algoritme' indicates that OG coins are about to pump into oblivion.
In addition, I expect the ancient narrative (Bitcoin = Gold, Litecoin = Silver) to pick up soon.
If you look at historic price action (PA), accelerations basically go vertical with not much time to hop on the train.
Therefore, I don't mind being in a little too early. What matters to me is that I am in.
Soon (our) Goblin Capital fund will go live on Iconomi. Stay tun ed!
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 trading inside the blue flat rising broadening wedge pattern , and we lately rejected the 85.0 supply zone.
After breaking below the last major low from H4 (in gray) the bears took over. So we are currently bearish medium-term.
As we trade lower, we will be approaching the lower bound of the rising broadening wedge.
Moreover, 50.0 is a strong weekly support zone .
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support 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...)
Then we will be expect a shift in momentum from bearish to bullish.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LTCUSDT 1HLTC Needs buying force to break through this bearish channel formed in the 1 hour, which won't be difficult because in addition to being a bullish asset, its RSI is showing exhaustion of selling forces.
LTC has just licked the lower edge of the keltner channel, giving an excellent entry point in the 68.40 region. If the NAsdaq continues falling it could see a pullback to 66.82. Follow the supports and resistances, in the 1h time
S: 66.69/ 64.32
R: 71.32 / 73.97
LTCUSD Potential for a 25% ShortWith a descending triangle closing up on Litecoin, a Short signal produced from Crypto Tipster v2, and a current price trading slightly higher than the nearest support, it's looking likely there could be a potential drop coming for LTCUSD.
The nearest support being around 25% lower than the current price this could a great opportunity to grab yourself some easy gains. We'd probably set our stop just above the current downward trend line to ensure minial losses if the price did move against us.
LTC Litecoin bullflag 100 USD ?Above is my analysis on LTC or Litecoin
Crypto market has been downward trending except for this coin Litecoin it has been showing strength this is because the Litecoin Halvening is coming in end July 2023 which is just 7 months from today.
LTC has been forming a clear bull flag which the target of the pole leads to prices above 100 usd
there is also a 0.382 fib bounce off the move from 48 usd to 85 usd therefore the bulls are showing strength for this coin and ofcourse people will buy ltc in anticipation of the halvening pump cus in 2018 the dec to 2019 june pump for ltc was 6x or 600%
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the LTC/USDT chart on a one-day interval, here we can also determine the uptrend channel using blue lines, despite the price breakout attempt at the bottom and the top, we remain in the channel all the time.
Let's start by identifying what support we have in the coming days, the first support will be at $75.29, but if that support is broken we will have second support at $72.11, third support at $69.05 and fourth support at $64.95.
Looking the other way, in the same way we can mark the resistance places that should be taken into account and in this situation we see that we have the first resistance at $82.39, if LTC breaks it and positively tests, we have further resistance at $87.91, the third resistance is at $92.30 $ and fourth at $96.73.
On the CHOP index, we see that there is a lot of energy for the next move, the MACD indicator indicates a local downtrend, while on the RSI we are above halfway, but there is still some room for further growth after a small correction.
LTCBTC Potential ShortReceived a signal from Crypto Tipster v2 showing a potential short on Litecoin against Bitcoin. There's not much support under the current price so keep your eyes on this one as a little drop from here can only turn into a bigger drop!
Potential for almost 30% on this huge short on LTCBTC Daily market.
#LTC/USDT 1DAY UPDATE BY @CRYPTOSANDERS !!Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Litecoin (LTC) also rose in today’s session, with the token rebounding from its losses to start the week.
Following a drop to $73.52, which was the lowest level LTC/USD had hit since November 29, the token raced to a high of $79.52 earlier today.
This surge in price sent litecoin to its strongest point since December 7, which is the last time price was above $80.00.
Looking at the chart, today’s bullish momentum comes as the RSI bounced from a floor of 55.50, and it is now nearing a ceiling of 61.50.
This move has also sent the 10-day (red) moving average higher, a day after it appeared to be certainly heading for a downward trend.
What happens on Wednesday with the U.S. Federal Reserve will now dictate how cryptocurrency prices will move during the run-up to the Christmas period.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
InvestMate|Litecoin Calm Before The Storm💲💲Litecoin Calm Before The Storm
💲As I wrote in a previous post about the possibility of seeing $130 for Litecoin in the coming weeks/months.
💲The outlook remains unchanged.
💲I would like to update it taking into account today's inflation readings from the US which once again fell compared to previous readings and the cryptocurrency market reaction to this news.
💲As we can see, the crypto market has aggregated great optimism, with most cryptocurrencies breaking out of long-term accumulations.
💲But Litecoin was not moved much hence the title.
💲I believe that on the wave of this optimism we may see another strong surge in this cryptocurrency in the coming days.
💲The support and resistance levels remain unchanged.
💲The most significant resistance zone still remains the $130 level
💲Looking at the MACD ora RSI I have no doubts about the possibility of seeing these price levels in the future.
💲The scenario I'm playing out is a continuation of the upside to reach around the resistance levels. 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.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀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.🚀
LTC- Long on 4HHi,
I've entered LONG on the LTC/USD pair. It looks like a clear cut rejection from support and now were starting to see a breakthrough past the previous high from last week.
Target 1 remains at the high from the start of the month with the local high close being $83. From there we target the daily resistance at $94. If we see any sign of rejection before hitting Target 1, the stop loss will be set at $73.
Good luck if you join
LOTS OF BULLISH DIVEREGENCE BIG MOVE INCOMINGDGB has a ton of bullish divergence on many indicators. The last time this happened while bouncing off the trend line support DGB had a massive move straight up. I see a minimum of $.15 hitting the top resistance of the triangle and then if we break through the measured move would be insane. This move could happen very quickly like it has the last couple of times so don't wait too long if you're waiting to get in. DGB may be one of the only other cryptos besides Bitcoin and Litecoin that could be considered a commodity or property and will survive the slaughter of all the other unregistered securities. Only time will tell. This is not financial advice this is just my opinion. Good luck out there
FRACTAL: LTC Litecoin LOVES Decembers ⬆Hi 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. 👩🏫
Historically, December is a bullish month for Litecoin, with the price often going parabolic and increasing more than 100 % ! Previously, 4 out of 5 Decembers, the price of LTCUSDT has increased exponentially. A quick look at a fractal that played out during 2020 from this exact support zone that we are currently trading on ($68) shows a whopping 168% increase.
While you're here 👀 Here's a guide to risk reward ratios and how to setup the perfect position :
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CryptoCheck
LTC Litecoin Buy When Breaks Out 20221211Signal: Red -> Green
Context: Green
Waiting for a Breakout
LTC, Litecoin, LTCUSD, LTCUSDT, LTCUSDTPERP, CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.