Groovey Ltc Fib ChartThought it would be cool to overlay the regular fib retracement over the fib circles.
This is just for a fresh look at something.
Happy Holidays to all!
LTCBTC
LTC/USDT :: enters the range of $100 .LTC/USDT :::
The price is in the downward channel and touched its bottom some time ago, but the support line has played its role well and has led the price upwards.
Maybe it will return to the support line {blue line}, but the main target is the $100 range.
There is a possibility of continuing the upward movement As long as the bottom of this uptrend channel is not broken, there is a possibility of continuing the upward movement and breaking the resistance of $91.26.
$LTC #LTC | LTF LONGGreen box and EQ might be worked as a support level .
The bottom of the green box, liquidity zone and around 88.97 will be the points I will observe as resistance.
With the loss of 77.95 (1H) , the first bounce of the price will be around 75.88 .
I wish everyone a good week.
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.
Hit the like button if you like it and share your charts in the comments section.
Thank you
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 4H BUY and Support ZoneLTC 4H support is now at ~$66.5
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
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 : TA Movement.Low time frame showing some movements depending on some trend patterns.
The question is if this can confirm the coming time, for that reason interesting to see if it can get confirmation or not.
The markets still have not much movement since BTC is stable.
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 $80.00.
Looking at the chart, today’s bullish momentum comes as the RSI bounced from a floor of 55.50, and it is now nearing a ceiling of 61.50.
This move has also sent the 10-day (red) moving average higher, a day after it appeared to be certainly heading for a downward trend.
What happens on Wednesday with the U.S. Federal Reserve will now dictate how cryptocurrency prices will move during the run-up to the Christmas period.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Mimblewimble, Litecoin's newest network Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022
We look at the logarithmic chart
LTCBTC is trading near the lower support line of the descending channel, against the backdrop of good news, I expect a rebound to the middle line of the channel, and possibly even to the channel resistance line.
Current LTC price 70$
Best regards EXCAVO
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 4H BUY (Mid-Term)LTC 4H support is at ~$71
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
LTCUSDT Forming Flag Pattern!!LTCUSDT (4h Chart) Technical analysis
LTCUSDT (4h Chart) Currently trading at $76.4
Buy level: Buy after breakout
Stop loss: Below $70
TP1: $79
TP2: $84
TP3: $90
TP4: $100
Max Leverage 3x
Always keep Stop loss
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Target - 0,017-0,02
Target (backup fibo plan) - 0,013
My Long position in LTC !Hello dear traders and my subscribers 👥, please if you like ideas do not forget to support it with your boost 🚀 , thank you so much
Buyers' support!LTC has recorded a gain of over 30% in the last 24 hours. Its price, which had taken an upward trend in the 4-hour time frame, did not react to its daily time resistance in the range of 70-75 dollars. Also, with buyers' support, LTC could return to the level of $75 after six months. This could be a sign of an uptrend in the daily time frame. But note that in the weekly time, the price is still inside the long-term descending channel, and the ceiling of this channel in the range of $82-90 can be accompanied by a reaction. Therefore, the probability of the price entering a range area between the two levels specified on the above chart is high. By breaking the resistance, we can expect a definite reversal of the trend in the daily time frame.
