LTC making a move?This pendant has been shaping up for the past 2.5 months on the LTC:BTC pair.
It broke out a few days ago (up).
It's in a huge resistance band now ... the pivot area. Facing a lot of head wind.
If it can break out of this resistance ... there seems to be a lot of upside.
Is LTC going to do something special for us?
Use at your own risk ... this is not trading advice.
Trading crypto is risky in my opinion ... but I like gambling sometimes.
LTCBTC
Important price action zoneLitecoin strongly broke the resistance of the 0% Fibo range. The next resistance is $101.70, and the third is in the $107.10 range. These two levels are an important price action zone. Also, the target is one of the moving targets of the previous upward wave. So, in the daily time frame, if a negative divergence is formed on the chart, we can expect a price correction with a high probability. Also, breaking the bottom of the ascending channel can be another price reversal warning.
LTC/USD - Litecoin about to his three digits - AGAIN! 🚀Slow and steady wins the race, right? :)
Litecoin is about to hit $100 and you can't do anything about it.
If this key resistance is broken, then LTC will likely run off towards $120.
Important price action today/tomorrow. Stay tuned as this baby is about to rip.
Bias is bullish on this price action, but volume could use some love.
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LTC/USDT :: buyers have enough power ?!LTC/USDT :::
If the price is sufficiently supported in this range, it can easily break the channel and turn its ceiling into a strong support for itself, and if it cannot break it, it will move to the middle line again, and then again will try to break the channel .
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LTC's odds are stacked in its favorLTC didn't have much of a bull market in terms of PA but that's bound to change this time around. With hard facts and metrics far exceeding its nominal price, this baby's about to pop loud. I think most will get shaken out early because it's had a habit of correcting hard. I don't seen a hard correction this time around...
I'm just a monkey with a TV subscription. This is not financial advice.
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.
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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.
LTC/BTC Respecting the .236I am curious to see how this situation goes.
It seems like LTC needs to cool off on some of the lower time frames.
But here on the 4 hour, the stoch rsi is low and turned upward, and the price action is respecting the minimum .236 Fibonacci level.
The general trend is up, so my bias is another pump.
Only time will tell.
LTC - Positive momentumLTC has been trading in a range with positive momentum over the past week. LTC trades below the $70-$72 resistance range and the $62.1-$64.3 support range. But if you pay attention to the chart, the trend was downward before entering the range area. Therefore, we can draw a downward trend line, and if this dynamic support breaks, we can receive a price reduction signal. Also, in the 4-hour time frame, double ceiling patterns are forming under the roof of this resistance, which will be confirmed if the trend line is broken.
More accurate linear support can be considered at the price of $67.5. We can consider this range almost as the midline of the channel range, which in case of collision, there is a possibility of reacting to this level for minor fluctuations. But in the bullish scenario, if the current resistance is broken by buying pressure and the price growth continues to the level of $73.6, we can consider the resistance broken, and after the pullback to this level, expect to continue the upward movement to the $77 range. to be
LTC SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LTC - Recent growth was a fake breakout!The price movement in the daily time frame shows that the price has returned below the resistance level of 73.90-70.20.
Therefore, we can conclude that the recent growth was a fake breakout.
The failure of $63.36 confirms the possibility of continuing the downward trend and the expectation for the continuation of the decline to the previous support range of $51 - $47.
LTC SHORT AND LONG SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT and buy/long the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The Silver Narrative Goblin Capital presents you another OG coin that is about to rip.
The 'Goblin Algoritme' indicates that OG coins are about to pump into oblivion.
In addition, I expect the ancient narrative (Bitcoin = Gold, Litecoin = Silver) to pick up soon.
If you look at historic price action (PA), accelerations basically go vertical with not much time to hop on the train.
Therefore, I don't mind being in a little too early. What matters to me is that I am in.
Soon (our) Goblin Capital fund will go live on Iconomi. Stay tun ed!
#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 $80.00.
Looking at the chart, today’s bullish momentum comes as the RSI bounced from a floor of 55.50, and it is now nearing a ceiling of 61.50.
This move has also sent the 10-day (red) moving average higher, a day after it appeared to be certainly heading for a downward trend.
What happens on Wednesday with the U.S. Federal Reserve will now dictate how cryptocurrency prices will move during the run-up to the Christmas period.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Mimblewimble, Litecoin's newest network Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022
We look at the logarithmic chart
LTCBTC is trading near the lower support line of the descending channel, against the backdrop of good news, I expect a rebound to the middle line of the channel, and possibly even to the channel resistance line.
Current LTC price 70$
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