OMG! ALT Season is SO CLOSE!!!! ALT HOLDERS will BECOME RICH!6 1/2 years of a corrective cup formation for massive coin absorption in the market for the market makers.
notice each low is holding in an upward support level and not fully reclaiming after each correction down.
notice that the handle from the 2021 bull season trap at the highs was a corrective formation to build out the handle pullback. we are now forming tight consolidation within a small major breakout retest on old resistance from the handle.
when the green triangle breakouts out it will run north! potentially could pull back one more time within the green triangle and retest the support for a major BUYYYY!!
THIS LOOKS SO GOOD AND YOU BETTER HAVE YOUR ALTS READY TO GO!!!
2017 is in motion again!
BULLS WILL RUN HARD!
LTC
LTC USDT🔍 LTC/USDT Analysis: Long-Term Price Prospects & Key Dates 📉
The LTC/USDT chart marks critical dates and long-term price targets with bold lines on the weekly timeframe:
September 2, 2024 - Green Line: This date indicates a potential local low, providing an opportunity for long-term accumulation. Consider this an optimal entry point for building a position in LTC.
October 10, 2024 & December 16, 2024 - Red Lines: These dates could signal local peaks, offering chances to take profits or reassess positions in anticipation of market corrections.
October 27, 2025 - Green Line: A significant long-term low is expected around this date. This could be the best moment to increase your LTC holdings for the next major market cycle.
Aligning your strategy with these dates and focusing on the long-term price perspectives can help optimize your investments in Litecoin.
#LTC #Litecoin #CryptoTrading #Cryptocurrency #MarketAnalysis #Altcoins #LTCUSDT
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangl
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangle Pattern
In this video, we analyze the recent breakout of Litecoin (LTC) against Tether (USDT) from an ascending triangle pattern, signaling a potential bullish move. We'll explore how LTC/USDT has gained nearly 150% from its recent low and could be eyeing a further 3-5% rally if key resistance levels are breached.
Key points covered:
• Identification of the ascending triangle pattern
• Analysis of key support and resistance levels
• Potential price targets for the breakout
• Risk management strategies for traders
Don't miss this opportunity to understand the technical factors driving LTC's price action and how you can potentially profit from this bullish formation.
#Litecoin #LTCUSDT #CryptoAnalysis #TechnicalAnalysis #BullishBreakout #AscendingTriangle #CryptoTrading #PriceTarget #ResistanceLevel #SupportLevel #CryptocurrencyMarket #BlockchainTechnology #DigitalAssets #CryptoInvesting #TradingStrategy #CryptoTrends #AltcoinSeason #CryptoPortfolio #FinancialFreedom #CryptoEducation
Remember to always conduct your own research and consider your risk tolerance before making any investment decisions.
LTC - My long-term safe tradeHead and shoulders complete -
The dip post head and shoulders has now also played out, while LTC is currently in a prolonged consolidation phase, the refusal to dip below the key support levels does lend some bullish sentiment for the long term.
Bullish Case: If LTC continues to hold above the strong support level and begins to break above key resistance levels, particularly around $70-$100, it could indicate the start of a new bullish trend.
News:
There's significant optimism due to a substantial increase in daily transactions, which have surged by 500% in 2024. This growth is largely driven by increased whale activity, signaling strong interest from large investors.
Charlie Lee Announces Expansion Into Banking Services - The highlight of this expansion is Litecoin’s integration into the banking app of Banco Bilbao Vizcaya Argentaria (BBVA), a major global financial institution. This partnership allows users to purchase LTC directly through the BBVA app. The integration is a significant step towards bridging the gap between traditional banking and cryptocurrencies.
Overall strong bullish sentiment for an overwhelmingly under-valued coin.
LTC/USDT 1D ChartHello everyone, I invite you to a quick review of the LTC/USDT chart on the 1D time frame. As we can see, the price had a sudden downward impulse below the local downtrend channel, but it quickly returned.
Going further, you can see how the price returned above the support at $56.5, then support at $51, and then strong support at $44. Looking the other way, there is resistance at $62, the next resistance is at $65.5, and then there is strong resistance at $70.
Only when the price breaks above this resistance will the path towards the next very strong resistance at $82 be opened.
LITECOIN about to break-out to its parabolic rally.Litecoin (LTCUSD) is on its 3rd historic Cycle and just recovered its 1W MA50 (blue trend-line). All Cycles have a Top, Bear Phase, Accumulation phase under Lower Highs and finally Parabolic Rallies.
It appears that we are currently about to complete the pre-rally Lower Highs accumulation phase, which will be confirmed after the price breaks above the 1W MA200 (orange trend-line) and the Lower Highs trend-line.
Technically it can go as high as the 1.1 Fibonacci extension ($500.00) but we will settle for the time being for an ATH test at $400.00 if this is where we will be by the time the price starts approaching the top of the Sine Wave.
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LTC (Litecoin): Approaching ResistanceTrade setup : Price is in a downtrend, however, it's broken back above $70 resistance, which could be a sign of trend reversal. We wait for price to break above stiff resistance at 200-day moving average of $79 to confirm resumption of uptrend.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $65.00, then $55.00. Nearest Resistance Zone is $80.00.
Litecoin May Revisit ATHs for 500%Litecoin continues to hold this long-term diagonal support, having only once wicked below it during the March 2020 black swan.
During the last two months of June and into July, it re-tested that diagonal and got quickly bought up.
Chances look good that it goes for another test of the horizontal resistance around 408 dollars, or at least most of the way there, which would be about 500% from our low over the last two weeks.
Lose the diagonal support and this trade is invalidated. Hold above it and I'll keep it active.
#LTCUSDT #2h (OKX Futures) Broadening wedge breakout and retestCRYPTOCAP:LTC regained 50MA support and looks good for bullish continuation from here.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (7.0X)
Amount: 5.0%
Current Price:
73.13
Entry Targets:
1) 72.05
Take-Profit Targets:
1) 76.19
Stop Targets:
1) 69.98
Published By: @Zblaba
CRYPTOCAP:LTC OKX:LTCUSDT.P #2h #Litecoin #PoW litecoin.org
Risk/Reward= 1:2.0
Expected Profit= +40.2%
Possible Loss= -20.1%
Estimated Gaintime= 3-4 days
LTC Technical Analysis: Will Litecoin Resistance Zone Give Way tLTC is trading under the resistance zone (Green) at $72.96 - $76.19 and we are expecting a bullish breakout very soon because we are seeing an increase in volume and improving macro market sentiment.
There are 2 scenarios
Bullish Scenario
If the price breaks out from the Green zone with volume we might see the price could reach the next resistance zone (Blue) at $109.69 - $119.41.
Bearish Scenario
If the price is rejected from this Green zone we might see the price test support zone (Yellow) at $56.19 - $60.79. This zone is consistently providing a strong support zone. The price has been bounced back from this zone many times.
LTC on the Edge: Will We See a Bullish Breakout or a Fall?Yello, Paradisers! Could #Litecoin's long-awaited breakout be just around the corner? Let's dive into the recent analysis of the #LTCUSDT and see what's going to happen:
💎Currently, NYSE:LTC is tightly compressed between the trend lines of a falling wedge pattern, and we're anticipating a bullish breakout soon. Why? Because we're seeing increasing volume and improving macro market sentiment—key indicators of a potential upward movement.
💎50EMA is about to cross, a bullish signal that often precedes price increases. The POC of VRVP is also Reinforcing this bullish bias by acting as support within the major support zone.
💎But what if #Litecoin gets rejected at the upper trend line of the falling wedge? In that case, we might see a retest of the bullish order block (OB) at $64.19. This area has consistently provided strong support for BINANCE:LTCUSDT and is packed with liquidity.
💎However, if NYSE:LTC fails to rebound from $64.19, the next critical level to watch is the lower support at $57-$60. The probability of a rebound from this level is significantly higher.
💎Should NYSE:LTC continue to fall, the bears could take control, potentially leading to a bearish continuation.
Stay disciplined, Paradisers, and watch those key levels for profitable trading!
MyCryptoParadise
iFeel the success🌴
LTCN (Dip buy?) 18-20$ zonekicking myself i didnt keep one share at 2$
if youre like me and missed that opportunity. this might be your second best.
previous resistance now acting as support. bullish divergence on rsi.
increased volume on break of resistance and now low volume pull back back into that area to see if it is support. and so far so good. stops around 16 - 17.. ish.
depends what your goal is. also a wide zone you could really go to 15. but depends if its a short term trade or longer term hold. longer term. no stops.
Trading Analysis of ZEC/USDT (Zcash)The price has been in a long-term downtrend since its peak in 2021. This is evident from the downward sloping orange dotted lines.
The green horizontal line around $100 marks a significant resistance level, while the red horizontal line around $20 represents a crucial support level.
Relative Strength Index (RSI):
RSI Trend: There is a noticeable bullish divergence on the RSI indicator. The price has been making lower lows while the RSI has been making higher lows, suggesting potential upward momentum.
MACD:
The MACD line is below the signal line, but there is a narrowing gap, indicating a potential bullish crossover in the near future.
Histogram bars are getting shorter, indicating a reduction in bearish momentum.
Volume:
A significant drop in trading volume compared to previous peaks, suggesting reduced trading interest but also less selling pressure.
Fundamental Analysis
Launch: Zcash is one of the oldest cryptocurrencies, launched in October 2016.
Purpose: Zcash focuses on privacy and anonymity. It uses advanced cryptographic techniques to offer users the option of "shielded" transactions, which allow for completely private transactions.
Technology: Zcash uses zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge), a novel form of zero-knowledge cryptography.
Development Team: The Zcash team is known for its strong cryptographic research background and continuous improvement in privacy technology.
Market Sentiment:
Zcash remains a well-respected project in the cryptocurrency community, especially among those valuing privacy.
Regulatory pressures on privacy coins could affect Zcash, but its advanced technology keeps it relevant.
Increased demand for privacy in the digital age could bolster Zcash’s adoption.
Price Goals
Support Level: $20.00 - Holding above this level is crucial.
Immediate Resistance: $25.00 - Breaking above this could lead to a short-term rally.
Medium-Term:
Next Resistance Level: $40.00 - This is a significant level from a previous consolidation phase.
Long-Term:
Major Resistance: $100.00 - This level aligns with the historical high and could be a long-term target if the bullish trend continues.
The technical indicators suggest a potential reversal in the bearish trend, primarily supported by the bullish divergence in RSI.
Fundamentally, Zcash remains strong due to its unique privacy features and continuous development.
Price targets should be approached with caution, considering both the technical levels and broader market conditions. A break above the immediate resistance could signal a stronger upward move, but sustained momentum will be key.
Investors should keep an eye on trading volumes, market sentiment, and any regulatory news that could impact the privacy coin sector.
Is LTC approaching a trend reversal?I invite you to check the situation of LTC in pair with USDT on a one-weekend basis.
We see on the chart that the price is at the intersection of two lines, an upward trend line and a downward trend line. These are the two main trend lines that have currently formed a triangle from which the price will choose the direction of movement.
Locally, we can see a sideways trend channel with smaller and smaller lows.
The RSI indicator shows that we have approached the place where we could previously observe price rebounds, the STOCH indicator looks similar, but here we can see a movement at the lower limit, which may translate into an upward movement.
Moreover, the chart shows how the price remains in a strong support zone, which may also influence the upcoming rebound towards the designated resistances.
LTC: Weekly Chart Update.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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Now, let’s dive into this chart analysis:
LTC is currently retesting the crucial supporting trendline with the current price at $69.64. This supporting trendline has been well-respected since December 2018, and a breakdown below the support will likely be an uncomfortable situation for LTC.
Early this year in February, LTC broke above the important resistance trendline, and technically, at present, it is in a retest phase. The upcoming weekly close will be important for LTC.
Key Observations:
~ Current Support: $69.78 (Must Hold)
~ Lower Support: $47.90
~ A rebound from the current support will possibly build up better chances for a bullish rally in the coming days
DYOR. NFA.
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Stay strong.
#LTC
Litecoin LTC price will it surprise and delight or not?#LTCUSDT price is not rising particularly rapidly, but it is not falling either, which is important in the current situation on the crypto market.
Consolidation and position accumulation, at least this assumption can be made.
For #LTC price, the buying zone $65-72 can be noted as balanced in the prism of risk management.
Do you believe that the #Litecoin price will start growing this year?
The price might move downwardThe trend of Litecoin is upward, consistently forming ascending patterns and gradually increasing.
A large ascending channel has been identified, and Litecoin continues its upward movement within this channel.
One key scenario involves the potential breakout of this channel. If Litecoin exits the channel and then pulls back to it, the price might move downward.