LTC
Litecoin shortLitecoin broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 60.2 is possible.
Market Update 12/07/22: VIX FocusedJust a quick update. I figured I would go briefly go over the VIX again and some other things like BTC, DOGE, LTC and APPL
LTC Litecoin will pump to 84 USDI bought litecoin here at 67USD, Expecting 84 USD.
Long term target would be more than 800 USD
LITECOIN is moving, everyone should be happy!Everytime Litecoin outperforms Bitcoin (shown by the orange line), a new Bull Cycle starts. This has been historically holding since 2015. We can claim that an LTCUSD channel up is an early buy signal for BTCUSD. And right now LTC is in a similar rising channel as in January-June 2015 and January-June 2019!
Bitcoin is most likely in an accumulation period ready to start a big rally.
Please like, follow and comment!!
LTCUSD Is a Good Bet Right NowI saw this in a prior analysis but thought I would elaborate a bit.
The horizontal in 2017 was a period of low volatility, extremely low. But it was a great place to buy. Price pumped to about $300.
The horizontal seen today shows low volatility again, on a grander scale. Can the pump points be compared?
As digital currency enters the mainstream Litecoin will win in this setting.
LTCUSD - MA Convergence MA Convergence and subsequent trend reversal
These crosses are referred to as golden crosses
Daily chart
Further charts for LTC below
Mimblewimble, Litecoin's newest network Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022
We look at the logarithmic chart
LTCBTC is trading near the lower support line of the descending channel, against the backdrop of good news, I expect a rebound to the middle line of the channel, and possibly even to the channel resistance line.
Current LTC price 70$
Best regards EXCAVO
Litecoin Hits A New High, Continues Aiming Towards $100Today we see Litecoin still pushing higher with a new high and the highest price hit since May this year.
Trading volume is also high today which tell us that this move is real.
Previous analysis | Dec. 2 | Litecoin Still Trades Above EMA10 | $100+ Still Possible As ...
Additional details, support and resistance levels, can be found mapped on the chart.
Namaste.
LTC/BTC - 1D Support + Trend LineSince mid June 2022 LTC has been steadingly increasing in sats value and from the start of November it has been increasing at a much greater pace. Big caps have started to move and are generally a precursor for more volaitlity incoming into other mid to small caps. BTC can still fall so this could take the momentum out of its rise however it would descend slower and will take a while longer to reach its lows like it did in June
LTCLTC is close to FVG
6H - Classic Bearish Divergence
There is no hidden bullish divergence on a higher timeframe
Litecoin, a trap for buyersHello, I hope you are well, dear traders
I think we should move down from the red area to the green area. be carefull
LITECOIN: Doing the heavylifting of the new Bull CycleThe Litecoin has been testing the 1W MA50 (blue) line in the past two weeks for the first time since November 2021, indicating the bearish pressure that the market has been through these past 12 months.
This goes against the heavy selling pressure on Bitcoin and other high capitalization coins. We've mentioned countless times that LTCUSD tends to do the initial rise during Bull Cycles and this times is no exception as it is doing the heavylifting as the market is entering its new Bull Cycle.
In previous rallies, every time the 1W MA50 broke, the price also hit the 1W MA100 (green) line. On this long term Channel Up that has been trading on since the begining, it is obvious that the majority of the price action is done inside the 0.236 - 0.618 Fibonacci levels. The rallies of early 2019 and Sep 2020 - May 2021 started from the 0.236 and ended on the 0.618, respecting the high impact zone we mention above.
Although it is likely to see a full year of trading within Fib 0.0 - 0.236 before a hyper rally, it is also quite probable that if LTC closes a month above the 1W MA100, to see a full scale rally to the 0.618 Fib or at least the middle of the Channel Up.
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LTC 4H BUYLTC 4H support is at ~$75
Enter 50% at the current price
and try to set some BUY orders near the support zone
If LTC stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
#Litecoin playbook for the next cycle!Looking at Litecoin gives general clues to the health of the #crypto market
Having already 2X'd off the lows already it is showing us relative strength versus other coins.
What can we expect for the halving in 2023
and where can it go?
LTC/USDT Scalp Trade Analysis#LTCUSDT Scalp Trade update:-
$LTC Trying to break Resistance update side but I am expecting some more down side before Breakout.
So Good Short Setup here:-
Entry:- $77-$78
Target:- $71
SL :- $81
LTCUSD Climbs into Weekly Channel Litecoin has seen a early move with price climbing into the midst of the Gaussian Channel on this Weekly timeframe
This allows price to form a strong wick/candle at the bottom of the channel as price continues to move upwards
Ridiculously good buy when considering the Monthly of this chart aswell
LTC Bull case scenarioHello everyone,
I am seeing a bull pennant on LTC but voids under $70. Weekly and 2W timeframe are clean to test $100 zones before it drops down for accumulation period again.
I am currently long with a 50x leverage at $76.6. Looking for 1,000% returns if it runs up to $90 zone.
I will keep you up to date, thanks for looking!
LTCUSDTAccording to the acceleration of the upward trend, Litecoin can go up to $104. The trend reversal area for the sell-short position, in my opinion, PRZ is Gartley's pattern, and until then, I will look for a trigger for a buy position.
LTC USDT | SHORT TERM TRADE SETUP#LTC/USDT
🟢Entry price: 75.77 - 70.80
🎯Targets:
|> 81(Sell 40%)
|> 84 (Sell 20%)
|> 89 (Sell 25%)
|> 92 (Sell 15%)
🔴Stop-loss: 68.9 (4h candle Close under it)
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 2.75%
stay safe and trade safe
thank you!
Litecoin Still Trades Above EMA10 | $100+ Still Possible As ...After 9 days of a new high being hit, Litecoin (LTCUSD) still trades above EMA10.
This is a possitive signal.
This signal is telling us that Litecoin is strong and undergoing bullish consolidation.
On a stronger correction, the 0.618 Fib. level can be tested at $68 or the 0.786 at $73.
If Litecoin continue showing this type of strength, it can resume its bullish move in a matter of days.
Even with a major correction (blue arrow), Litecoin would still remain bullish while aiming for a new high at $100+.
Namaste.
LTC LiteCoin is not going with BTC this is a leverage trade LTC3L ( LTCusdt.3L ) this is a short term leverage trade
LTC posted as a mid-long term trade
LTC3L is a leverage trade and is meant to be held for a short period ( due to the market being so choppy )
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
LITCOIN IDEAHello guys this is my trading idea about LTCUSDT thank you.
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