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
LTCBTC
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 $80.00.
Looking at the chart, today’s bullish momentum comes as the RSI bounced from a floor of 55.50, and it is now nearing a ceiling of 61.50.
This move has also sent the 10-day (red) moving average higher, a day after it appeared to be certainly heading for a downward trend.
What happens on Wednesday with the U.S. Federal Reserve will now dictate how cryptocurrency prices will move during the run-up to the Christmas period.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Mimblewimble, Litecoin's newest network Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022
We look at the logarithmic chart
LTCBTC is trading near the lower support line of the descending channel, against the backdrop of good news, I expect a rebound to the middle line of the channel, and possibly even to the channel resistance line.
Current LTC price 70$
Best regards EXCAVO
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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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.
Litecoin vs Bitcoin Chart AnalysisI just remembered that my friend @mprspartan1 asked me about Litecoin vs Bitcoin (LTCBTC)... Is this a real move?
Yes, it is very real based on the chart technicals.
The low was set June 2022 followed by a strong breakout and consolidation before additional growth.
Think of Dogecoin, both vs Tether and vs Bitcoin...
This is exactly what Litecoin is going through and exactly what we will see happening with other major Altcoins one by one.
It is interesting to note that Litecoin (LTCBTC) hit its highest level since September 2021.
This is a great/positive signal for the other BTC pairs.
What one does, the rest tends to follow and we already saw how Dogecoin behaved.
And by the way, this also signals that the Bitcoin bottom is getting really, really close...
Now, in my opinion, this is not good to trade.
We have to look for the pairs BEFORE the breakout, buy and hold and then let the market take care of the rest.
Thanks a lot for your continued support; all of you.
Thanks a lot for reading.
I love you.
Forever & ever.
And I am always wishing the best.
Namaste.
LTC/USD - Litecoin UNCHAINED. The new market leader! 🚀Litecoin is the current market leader. Forget about Bitcoin or Ethereum, they are lagging behind.
There's a new kid on the block and it's kicking ass. SINCE 2011!!!
Litecoin has done what no other coin did this past week... a BREAKOUT!
HOLY CRAP. This is important.
I hear rumors that LTC and similar proof of work coins may get some positive regulation on them following the endless proof of stake scams that keep coming.
This is excellent news for BTC, LTC, VTC, Doge and other coins you actually have to mine and not print from thin air... like SOLANA or FTT. LOL
The price action is bullish and if you fancy getting some juicy LTC, then have buy orders at the re-test level of this breakout, around $74.
If the retest is successful, then LTC's next target will be just under $100... JUICY.
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