LTC - BIG NEWS : THIS Last Happened in 2020📈📉Hi Traders, Investors and Speculators of Charts📈
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators!
We observe the bullish cross on our technical indicator; a bullish cross that lead tot he parabolic cycle in December 2020 (there hasn't been one since). I used this exact method to call the start of a new BTC bullish cycle. Find it here:
From a trendline analysis as well as moving averages, we get a support zone around $80. The price may very well wick towards this zone and STILL remain bullish.
Remember that as BTC trades sideways/range, we may see rallies across altcoin markets. I've created this post to give you a better understanding of the rotation between BTC and Alts:
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BINANCE:LTCUSDT
LTC
#LTC/USDT SPOT LONG ENTRY#LTC/USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $101.85
Take profit 1: $103.60
Take profit 2: $109.05
Take profit 3: $116.76
Stop Loss: $96.84
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:LTCUSD.P
Thanks
The sroced.
BCHG Looks Good For A Run To $50 At LeastBCHG has broken through all the resistance levels. Next one is around $24.50 and if it can get through that then I see a straight shot to $43 and then $55. At those levels I would expect a decent pullback perhaps up to 50% before its attempt to break the high. BCHG is much further along than LTCN in its run. LTCN still has a long ways to go to reach the level that BCHG is at. So upside on BCHG is limited in the short term perhaps another 100% vs LTCN could do a 1000% move to reach the same level as BCHG as far as nav value to price. Keep an eye on news and developements surrounding the space and specifically securities and SEC stuff. The Proof Of Work coins are about to make a comeback. I think Litecoin will far outperform Bitcoin Cash but Bitcoin Cash will have a decent run as well. Good luck out there my friends. Ill update this chart throughout the cycle. Please like and follow me and this idea so you can be notified when i update it. Thank you and please know that none of this is financial advice its just my opinion and observations. Good luck my friends.
Litecoin - DON'T miss this SECOND CHANCE on LTC📉Hi Traders, Investors and Speculators of Charts📈
Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the correction phase to be close to/ before the BTC halving which is in April .
So far, we're starting to see what looks like a pullback across all crypto's. BTC corrected from 48k to 41K, and currently the bears are controlling the lower timeframes. HOWEVER - this is a great opportunity to get in at lower prices before the second impulse wave starts.
The second impulse wave is know to be the biggest one, with the biggest increase - and that's what we're looking forward to after this correction is over.
For the near term, I'm expecting LTC to trade range between the upper resistance and lower support as pointed out on the chart. This is a great re-accumulation zone, incase you missed the first one.
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BINANCE:LTCUSD.P BINANCE:LTCUSDT COINBASE:LTCUSD KUCOIN:LTCUSDT
Jesus LTC !Litecoin is a cryptocurrency that operates on a decentralized network, similar to Bitcoin. It was created in 2011 by Charlie Lee, aiming to offer faster transaction times and lower fees compared to Bitcoin.
Regarding its future with AI technology, there are several potential intersections:
1. **AI-Powered Trading:** AI algorithms could be employed to analyze market trends and make predictions, potentially aiding traders in making more informed decisions when trading Litecoin.
2. **Fraud Detection:** AI can be utilized to detect fraudulent activities within the Litecoin network, enhancing security and trust among users.
3. **Smart Contracts:** AI technology could facilitate the development of more sophisticated smart contracts on the Litecoin blockchain, enabling automated and self-executing agreements with greater complexity.
4. **Scalability Solutions:** AI could help in developing solutions to address scalability issues faced by Litecoin and other cryptocurrencies, such as optimizing block size or implementing layer 2 scaling solutions.
5. **Personalized Financial Services:** AI-driven personalized financial services could be built on top of the Litecoin network, offering users tailored recommendations for investments, savings, and spending based on their individual financial situation and goals.
In essence, integrating AI technology with Litecoin could lead to advancements in efficiency, security, and user experience within the cryptocurrency ecosystem.
Litecoin (LTC) - Bearish Short Term {£GBP}Despite the BTC dip this week, today's price of "Litecoin" still remains bearish-looking short term as it is trading near the local support level of £79. Thus this mark is crucial for bulls, if it breaks out, the drop is likely to continue to the £76 area.
On the daily time frame, the price action of LTC has failed to rise after yesterday's bullish closure. If the candle closes around current prices; traders can expect a test of £72 shortly.
From the midterm bullish point of view, traders should not expect any sharp moves too soon. In this case, ongoing consolidation in the wide range of £76-£83 is the more likely scenario until mid-April near the BTC halving.
The last bullish chance of LTCUSDT in Mid term!
Litecoin is currently perceived as being in a full buying zone, indicating that the market conditions suggest it's a favorable time to consider buying LTC. This assessment might be based on various factors such as technical analysis, fundamental analysis, or a combination of both. Traders often look for specific price levels, patterns, or indicators to determine buying zones, which could include support levels, oversold conditions, or bullish signals.
You mentioned a significant area of investor interest or buying activity between $77 to $79. This range is considered crucial because it represents a block area where substantial buying orders are expected to be placed. Identifying such key levels can provide insights into potential price movements as they may act as support zones where buying pressure could increase.
You've set seven target prices, indicating that you've identified multiple levels at which you plan to take profits or partially close your position. Having multiple targets allows for a more nuanced approach to profit-taking and can accommodate different market scenarios. These target prices are likely based on factors such as historical price levels, technical analysis indicators, or psychological levels.
Emphasizing the importance of managing risk is essential in any trading strategy. Risk management involves measures such as setting stop-loss orders to limit potential losses, position sizing to control the amount of capital at risk, and diversification to spread risk across different assets. By managing risk effectively, traders aim to protect their capital and minimize the impact of adverse market movements.
Offering assistance in case of confusion demonstrates a willingness to support others and promote clear understanding. Trading can be complex, and it's not uncommon for traders to encounter confusion or uncertainty. Encouraging open communication and providing clarification can help ensure that traders make informed decisions and feel confident in their actions.
In summary, your trading strategy for Litecoin involves identifying a buying opportunity, pinpointing key price levels, setting multiple target prices, emphasizing risk management, and offering assistance to address any confusion. By following these principles and staying informed about market developments, traders can enhance their chances of success in the cryptocurrency markets.
LTC/USDT Price Movement ScenarioBelow is the price movement scenario for LTC.
Analyzing the asset's dynamics since mid-2022, we can observe a clear upward trend, indicating investor confidence and potential growth prospects. However, despite this, the asset is still significantly below its all-time highs, providing an opportunity for entry into positions.
Looking at the trading volume profile, we see that market participants continue to act in line with the current trend, accumulating positions to support price growth.
Currently, the asset is trading below the resistance level at $115.86, which can be considered as a potential entry point. It is expected that continued trading below this resistance level may lead to further strengthening of positions and subsequently to a breakthrough of this level.
The target level at $297.70 can be considered as the next key level.
LTCUSD: About to start an unprecedented end of year rally.Litecoin is about to turn overbought on its 1W technical outlook (RSI = 69.352, MACD = 5.439, ADX = 27.356) but that is far from a sell recommendation. This chart shows that the historic pattern since its start is a Channel Up which sees its greater returns and starts the cyclical rally when the 1W RSI turns overbought. All rallies have hit at least the 0.618 Fibonacci trendline so this is where our end of year target is (TP = 1,600). On an extreme bullish scenario, it can even reach the Channel's top, extending to a +32,549% growth as the 2017 rally, which return a target at 12,000. Best to have have sold the majority of your LTC at 1,600 though.
See how our prior idea has worked out:
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LTCN Litecoin Grayscale Trust Parabolic Move Starting Now!As you can see from the chart LTCN has very little resistance from $28.50 to CSE:TO 95 dollars. Once LTCN gets above $28.50 and closes above prefereably on a daily then its game on in my opinion. Next stop would be $95 and then $200 both areas of probably light resistance. The heavier resistance comes in at the prior all time high at $458. The move to $90 could happen very quickly and then from $90 to 200 even faster. I cant predict the timing but it could be as fast as a couple weeks and maybe up to 1.5 months. I think some where in between based on prior moves LTCN has made.
Good luck out there my friends. Check out my Litecoin analysis as well I am updating daily. Also if this adds any value to you please like it and follow me for future updates. Thank you
LTC/USDT 8HInterval Chart ReviewHello everyone, let's look at the LTC to USDT chart taking into account the 8H time frame. As we can see, the price is moving above the local upward trend line.
Going further, you can see the price fighting in a strong resistance zone from $102.33 to $115.12, when we break out of this zone, we can see an increase to the resistance level of $131.40.
Looking the other way, you can see the first support at the level of $91.29, the next strong support is at the level of 77.73, and then it is worth defining the zone from $68.23 to $56, which previously held the price.
Looking at the RSI indicator, we see that it is moving towards the upper limit, with room to make another upward move, but at this point it is worth being cautious before a potential rebound. However, the STOCH indicator bounces from the upper limit and subsequent raises result in a higher price movement.
LTCUSDT 1W LONG📈Hi all. Timeframe 1 week. LTC is fluttering in the accumulation channel near key support. There is a pressure applied to the resistance of the triangle. A decline to the 52.39 zone is unlikely, so I am considering recruiting to the spot from the current ones. Also long/futures during channel breakdown/retest. Marked goals and levels on the chart.
LTC Bull continuation to break above 100$Hello, yeah I know the past week or so was a bloodbath,
So LTC as seen on the chart has just completed the correction from 102 and completed at 78$,
So from there, our entry was at 81.94. so from here im expecting a bullrun to break above 102$.
SO for those that have been hodling LTC, keep on Hodling. the coming weeks are gonna be great and life changing.
NFA as always.
LTC/USDT - Long term view | Buy now and HODL #LTC/USDT #Analysis
Description
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+ The LTC price has decisively broken out from the resistance line and is now heading towards the next resistance level.
+ In the previous bull run, we observed a similar pattern that resulted in substantial profits for traders.
+ I anticipate a comparable pattern emerging in this bull run, indicating the potential for significant profits with this trade.
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VectorAlgo Trade Details
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Entry Price: 102
Stop Loss: 62
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Target 1: 142
Target 2: 180
Target 3: 226
Target 4: 389
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Timeframe: 1W
Capital Risk: 1-2% of trading capital
Leverage: 3x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
Litecoin Emerges as Second Best-Performing Cryptocurrency Litecoin ( CRYPTOCAP:LTC ) has recently emerged as a standout performer, surging to become the second-best-performing digital asset in the top 100. This remarkable ascent comes on the heels of a pivotal declaration by the United States Commodity Futures Trading Commission (CFTC), cementing Litecoin's status as a commodity.
While meme coins capture headlines with their volatile swings, Litecoin hodlers are experiencing a euphoric rally, celebrating a surge of nearly 11% in the last 24 hours alone. This surge signifies a significant leap for Litecoin ( CRYPTOCAP:LTC ) amidst relatively stable markets, where Bitcoin and Ethereum corrected by less than 2% over the same period.
The CFTC's acknowledgment of Litecoin ( CRYPTOCAP:LTC ) as a commodity holds profound implications for its future trajectory. By delineating Litecoin from securities regulations enforced by the Securities and Exchange Commission (SEC), this recognition paves the way for a plethora of opportunities and integrations. Litecoin stands poised to receive more comfortable endorsements and foster deeper integration into mainstream financial systems, unshackled by the specter of SEC enforcement actions.
The genesis of Litecoin's recent surge lies in the CFTC's lawsuit against crypto exchange KuCoin, where Litecoin was explicitly categorized as a commodity. The complaint detailed KuCoin's involvement in facilitating futures, swaps, and leveraged transactions involving digital assets like Bitcoin and Ethereum, alongside Litecoin.
Litecoin's journey to its current heights has been marked by strategic movements and technical prowess. Trading within a horizontal channel between $63 and $77 for January and February, Litecoin ( CRYPTOCAP:LTC ) broke free from this confinement on February 29, igniting a bullish trend that has seen remarkable gains throughout March.
Technical Outlook
From a technical standpoint, Litecoin exhibits signs of strength and resilience. The Relative Strength Index (RSI) indicates a slight overbought condition, yet bullish sentiment prevails with a dominance of 61% bulls over bears. Litecoin's ability to bounce off key moving averages reaffirms its bullish trajectory and underscores its robust market fundamentals.
Moreover, if Litecoin's ( CRYPTOCAP:LTC ) price sustains its bullish momentum and overcomes the confluence resistance level at $100, it could signal sidelined buyers to step in and potentially kickstart a breakout rally. The Pivot point at $119.84 will be the target for some of these buyers to potentially book profits. This move in Litecoin ( CRYPTOCAP:LTC ) price would constitute a 32% ascent from the current position.
On the other hand, Litecoin’s bullish outlook could face invalidation if the pioneer crypto – Bitcoin triggers a steep correction. In such a case. Litecoin ( CRYPTOCAP:LTC ) price could revisit the $79.78 support floor.
ETH HAS BEEN SERVED BY THE SEC! GOOD BYE ETHEREUM!ETH HAS BEEN SERVED BY THE SEC! GOOD BYE ETHEREUM!
Hello everyone. Just as I thought something big was going to happen well here it is. SEC is going after Ethereum. A lawsuit by the SEC has possibly already been filed. If you need a better explanation please watch the video by Bitcoin University on youtube that just came out, he explains it fully and why he believes they have already been served already has 20k views. This would be a perfect catalyst to make ETH drop to way low prices over the next many years during the lawsuit. Look what happened to XRP and multiply that x10.
Oh boy this is going to be epic. Once ETH loses and is deemed a security because it simply is theres no way around it. ETH is going to TANK mark my words people. I called this years ago. I knew this would happen but I was called crazy. We'll see who the crazy one is at the end of this. Do you realize how much money the SEC is about to make. This is why Bitcoin, Litecoin and a couple others are going to go to such crazy numbers no one would ever imagine. The whole shltcoin market is about to drain into the real decentralized crypto commodities.
THE ONLY NON SECURITIES IN ALL OF CRYPTO RIGHT NOW IS BITCOIN, LITECOIN, DOGE, AND BITCOIN CASH.
There may be others like Feathercoin, or Namecoin from the early days but they are dead chains.
Isn't it funny how Charlie Lee stepped down from Litecoin just at the right time right before securities regulations? I Hmm and Digibyte founder Jared Tate just did the same thing, hmmm? All these decentralized mined cryptocurrencies from the early days that all these people called dinosaurs could actually rise up again and become the top 5? No way right? Wrong its happening but most of you were too blind to see it. Maybe youll see it now or maybe you learn lessons the hard way and you lose all your money.
Once this thing starts to fall its going to be a waterfall youll never get out of your staking in time.
If ETH is a security then SOLANA is BNB all of them, its all over for all these shlt coin scams like DogWifShlt and all the other trash all these fools are buying. Coinmarketcap will be half of one page you'll see. The rest will be archived for future reference and so people can have a good laugh at what people actually invested in! Dont be a fool and hold to zero, I would get to the exits and into something safe ASAP or you may gut stuck in the burning building cause the exits are jammed. Im not biased I just know whats coming and I dont want to see you all lose money, I hate it when people lose money.
Not financial advice just my opinion!
Wanna Hold and Wait? Allright, #LTCLTC was a dead coin for a long while despite the fact that it's one of the most valued products on the market.
After the recent LTC Halving, LTC Destroyed most of its investors. I was one them and I've been waiting since the last crash (17 August).
Time for vengeance is about to come. Wait until it closes above 106 in a daily time frame.
Buy and wait.
Targets: 124,8-161,4.
Good Luck To Us All.