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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.
KRAKEN:LTCUSDShort
by theCrypster
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%
Long
by nadishobeye
2
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.
by cryptodailyuk
5
#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...
by CryptoSanders9563
1
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.🚀
Long
by InvestMate
6
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
BITTREX:DGBUSDLong
by Bitgolder
13
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 : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
54
BTC has more downsideAfter large sellofs we saw an uptrend in this channel here. With a few breaks above channel as seen by triangles and dipping back into the channel it gives me some indication that it doesnt have what it takes to stay above that upper trendline and cannot break above this resistane channel. Each break above decreased in size and failed to do so in the last attempt showing weakness. I am expecting a breakdown. Trade safe have fun! Like and follow for more like this!
Short
by Verum0
1
InvestMate|Litecoin Target $130💲💲Litecoin Target $130 💲This time it's time for Litecoin, which in my opinion like the rest of the cryptocurrencies has a lot of upside potential. 💲Looking at the high buying interest in recent weeks. It's not hard not to get the impression that someone is intent on accumulating Litecoin at cheap levels. 💲Taking everything into account, it looks like we will go down from the current accumulation at $77 to once again test the support zone set by the 0.382 level of the entire upward wave from the bottom to the current peak. 💲At that point I expect a strong reaction from buyers. The zone has been respected many times in the past. 💲The target level where I see Litecoin in the coming weeks in case of an upside scenario is around the $130 level. Where is the resistance zone determined by the 0.236 level of the entire downward wave from the 2021 peak to the 2022 bottom. 💲Histogram MACD and RSI also lean towards an upward scenario in the long term. 💲The scenario I am playing out is to expect a test of the support zone and wait for a breakout to join the upside to the $130 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.🚀
Long
by InvestMate
19
Litecoin before halving (LTC)Litecoin is showing itself very strongly now, in previous cycles has always been a leading indicator of a reversal for Bitcoin Now there are 239 days left before the LTC halving, the target is August 5, 2023. Historical data : 1st LTC Halving, August 25, 2015. Growth from low - 7X to Halving. High - 44 days before. 2nd LTC Halving, August 5, 2019. Growth from low almost 6X to halving. High - 44 days before. From a technical point of view, LTC has been accumulating for 6 months (193 days). Flashes of volume are visible in the accumulation, which may indicate the accumulation of a major players. The basic signs that suggest further growth are the breaking of the main downtrend line and going beyond all movings (MA 50 100 200) But before we go higher we can take liquidity below $70 The nearest target is $100, if fixed above, the next target is around $140 It should be noted that we are expecting news about inflation (December 13) and Fed interest rate decision (December 14), which may affect volatility.
Long
by razumcapital
2