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LTC still looks correctiveBack on December 26, I said that my corrective target for LTC was around $90 and we've basically been moving up ever since then. We are nearing the wave 4 target, meaning a wave 5 should be coming. There's a simple trade setup here. You can short a move into $90 with a stop loss at the low on February 24 at $91.50 - Violation of that 91.50 area will weaken my bearish stance. I have to acknowledge (and you should, too), the red and white wave which are the highest timeframes on the WaveMaster indicator. We've only been in oversold for the red and white 3 times and each time led to a large increase in our good friend Litecoin. This is the only reason why I am cautious here. Could we see a bigger move up from here? Possible. From an EWT perspective, we should make another low and head back to $20-$30 at some point. That is where I'd be interested in buying long term. It could take longer to get there than you'd think.
COINBASE:LTCUSD
by bitdoctor
✴️ Litecoin | BULLS ConfirmedToday's Litecoin hits a new high and recently posted the highest daily close since May 2022. Extreme bullishness is the only way to define this chart as Litecoin is now trading above EMA300. Litecoin bulls confirms the bullish bias across the entire cryptocurrency market. Expect Cardano to continue rising. Expect XRP to grow strong. Dogecoin, Shiba, Ethereum, Bitcoin and all the altcoins as well. Next target $98, then $113, $130 and finally $190. Namaste.
Long
by AlanSantana
3
Litecoin shooting to $125.80 next thanks to a Cup of Tea?Well this has come to a surprise. We have our first LONG crypto trade line up for the year. Litecoin has formed a Cup and Handle over the last few months and recently has broken up and out of the brim level. The Moving Averages are looking perfect as 7>21>200 SMA. RSI is also above the 50% and broken above the negative divergence which is bullish. My first target is $125.80 Interesting facts: Litecoin is a cryptocurrency created in 2011 by Charlie Lee, a former Google engineer and is known as the "lite version of Bitcoin. It has a faster block generation time and a different hashing algorithm which is 2.5 minutes, compared to Bitcoin's 10 minutes. Unlike Bitcoins market cap of 21 million, the total supply of Litecoin is 84 million. It also falls in the top 10 cryptos - which considers it a safer investments than the others. Litecoin has been used as a testbed for Bitcoin's proposed upgrades and features, such as atomic swaps and the Lightning Network.
OANDA:LTCUSDLong
by Timonrosso
2
Joe Gun2Head Trade - Swing failure on LTCUSDTrade Idea: Selling LTCUSD Reasoning: Swing failure Entry Level: 83.04 Take Profit Level: 77.94 Stop Loss: 84.45 Risk/Reward: 3.37:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
COINBASE:LTCUSDShort
by Signal_Centre
4
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. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
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.
by MonoCoinSignal
1
💲 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. 🚀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.🚀
Long
by InvestMate
6
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
COINBASE:LTCUSDLong
by CryptoToTheFuture
15
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.
COINBASE:LTCUSDLong
by CryptoToTheFuture
9
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
by TheSignalyst
19
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.
VANTAGE:LTCUSDShort
by VantageMarkets
1
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.
by cryptodailyuk