...(LTC)📊Analysis by AhmadArz:
....
🔍Entry: 72
🛑Stop Loss:72.82
🎯Take Profit: 71.30
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LTCUSD
BTC After 4th HalvingJust wanted to share key dates in a "nice" graph with everything on one page. When Futures happened markets tumbled, but after halving events we typically see STRONG bull markets. It's a very interesting time for BTC considering SPOT ETFs. This is my take. Pretty simple straightforward speculation.
LTCUSD 548% profit projectionThis analysis for swinger who look at a good coin to hold for long period,
LTC already reach major support level, we can enter this coin to aim 548% profit projection after halving at $342.78
Rightnow support at $60.
If you are trade futures, make sure your margin level below $34
good luck
LTC, giving us a chance to be a passenger on FLIGHT of the year!LTC is currently at correction phase -- and we all know this is a 'back to tarmac event' -- a chance for passengers to be in before the anticipated FLIGHT.
Current pricing will be archived soon -- and a new 3-digit pricing will be in play.
WEEKLY DATA is firm as it was before -- PRICE GROWTH imminent.
48 DAYS TO GO BEFORE HALVING. Days are getting shorter.
Net buy positions keeps piling up at the 80-90 price levels. No instructions needed, you know what to do.
Spotted at 88.0
TAYOR.
Safeguard capital always.
A Word Of Caution For Ethereum ETH/BTC
Great spot for a very small speculation entry.
Normally when price consolidates like this it is a balance between the demand / supply in the open market, problem is once it sways to one direction it will be violent.
I still see the possibility that BTC hitting a supply shock to over $140,000 will destroy this pair harder than what happen with LTC/BTC.
(note) Ethereum can still rise in price during this but if you don't price it in BTC you can't navigate if the value gain is flowing in from the top of the market or bottom.
I wish this chart would do something. . . .
Most of the volume from ETH is getting sucked into Solana because it does work faster, this has always been the problem with ETH for me is that it can easily be replaced, people want fast stable coin transfers regardless of the blockchain.
But in the future if someone provides something better than Solana for USDT / USDC transfers, SOL again will be the victim of this trend.
LTC early on for those who don't know was used as a proxy to transfer value exchange to exchange to trade BTC IMO it was the stable coin of the early days.
If Litecoin Is An Indicator Of Whats To Come Then BTC to $20kLitecoin usually front runs Bitcoin in history. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did. I dont know if this is what will happen or if Litecoin is just taking longer in consolidation like bitcoin took longer by 5 months the last time.
Not financial advice.
If Litecoin Is An Indicator Of Whats To Come Then BTC to $20kLitecoin usually front runs Bitcoin in history. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did. I dont know if this is what will happen or if Litecoin is just taking longer in consolidation like bitcoin took longer by 5 months the last time.
Not financial advice.
Litecoin and Bitcoin Move Together But Play Leap Frog For everyone scared of the price Litecoin is at just look at these charts. I am simply comparing Litcoin price movement to Bitcoin price movement. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did, damn good possibility and then while Bitcoin consolidates Litecoin could start its parabolic rally. Litecoin could move up in that scenario too like it did in 2018. Dont get shaken out, its just the impatient who are freaking out. Litecoin isnt going anywhere. Its the most used chain, its not dead by any means, just the price is not reflecting it at the moment, the price will rise to meet Litecoins value, its inevitable. Smart money invests in Bitcoin and Litecoin, Children invest in Doge and Shib.
Not financial advice
LTC Litecoin NOTHING HAS CHANGED FOLKS Ignore the BSI just wanted to give an update to Litecoin. The sentiment around Litecoin is extremely bearish and the FUD is just horrible while the on chain metrics are through the roof and are better than ever. The price of Litecoin will revert back to the mean. This was just a massive over leveraged long washout across all major cryptos before the next major leg up. Litecoin took it harder because currently its the least popular among retail investors. Grayscale will be filing a spot ETF application for Litecoin as soon as they get the approval for their Bitcoin spot etf they said. Follow the big money not the children that trade when they get home from school.
As you can see the bull pennant/flag pattern on Litecoin is still valid. Theres always wicks that washout the longs before any major move to the upside. Litecoin longs however were much deeper and hence Litecoin went down further to wash them out. Could even see a spike down to $50, at this point who knows, but it will be short lived and an amazing buying opportunity. Litecoin is not going anywhere, and is here to stay. Ignore all the bearish FUD. Once Litecoin starts its run you wont be able to stop it. This is just my opinion not financial advice.
LTC to Outpace BTC Next 6 to 7 months (LTC/BTC)LTC/BTC can increase over 100% over the next 6 months.
1. Ignore the price.
2. Look at the RSI.
3. Analyze RSI cycle patterns.
4. Sell Litecoin in June/July 2024. Now look at price.
5. High five!
I'm not sure if anyone else has broken down this cycle this way, but it makes the most sense to me. Very unconventional, but it works for me. RSI rules everything around me. #RSITheory
LTC LOOKS BEARISHFrom where we entered "STAR", a corrective phase has started, something similar to ABC.
We have had a sharp movement in time, a correction movement in time, it is expected that we will have another sharp movement down in time by hitting the red supply box.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Will History Repeat With LTCLtc is riding a macro support while coming to the end of this correction/ bear phase. RSI is at a historic value that has resulted in reversal highlighted by the white vertical lines.
Both downtrends have nearly identical timeframes.
This could be a place to take a small position in LTC.
This also seems like a make or break position for Litecoin in the PA.
I am also going to add a chart looking at the Ltc/btc pairing.
NFA
Do your own DD
Novice here
LTCUSDT: Riding the Bullish Waves with a Long Adventure! 🐂🌊Introduction: 🌐 Get ready for an exciting adventure in the crypto seas with LTCUSDT! Traders are embarking on a long journey from $71.44, riding the recent upward structural break and the formation of a sloping support level. Let's dive into the details of this bullish odyssey.
Trade Details: 💰 The long position (#LTCUSDT) sets sail from $71.44, secured with a stop-loss at $70.36. The rationale behind this move is the local break in the upward structure (BOS), forming a sloping support level. Price retracements reveal manipulation around liquidity, signaling significant player positions.
Technical Analysis: 📊 Zooming into the 15-minute timeframe, LTCUSDT has locally broken the structure upwards (BOS) and formed a sloping support level. Price retracements indicate manipulation over liquidity, suggesting the accumulation of positions by a large player. A level is set at $71.98, anticipating stops from short sellers to act as a magnet for market makers.
Expectations and Strategy: 🎯 The trader anticipates price compression towards the level through the slope, expecting further breakthrough beyond.
Trade Target: 🚀 The primary goal is to ride the bullish waves, capitalizing on the structural break and exploiting potential liquidity traps.
Conclusion: 🌊 LTCUSDT invites traders to ride the bullish waves on this exciting adventure. Prepare for a journey of potential profits, watch for price compression along the slope, and get ready for a breakthrough beyond! 🚀💹
LTC - Litecoin coils up for Mini CycleHi Traders, Investors and Speculators of Charts📈📉
Litecoin has gone through an extended accumulation phase, and by looking at previous examples of macro cycles on LTC, next up is most likely another upward cycle.
Previously, LTC went straight from bearish cycle into a mini cycle. But this time, we went straight from bearish cycle into accumulation phase, indicating that a mini cycle may likely be next before we hit the parabolic bullish cycle. In other words, MINI CYCLE and ACCUMUATION PHASE has swapped around this time after the BEARISH CYCLE.
There's no indication on the chart of a definitive move into an upward cycle just yet, thus I'm expecting a few more candles of accumulation / range trading.
It's important to note that during the mini cycle, the price can increase AND decrease substantial amounts. The price usually decreases back close to the starting point fairly quick after the increase. The mini cycle also lasts much longer than the parabolic bullish increase cycle:
These are the parts of the cycle we are waiting to repeat, with MINI / MID CYCLE coming up next, followed by more accumulation, followed by the parabolic bull cycle :
You'll know when it's around time for the parabolic increase phase when another Bullish Cross is observed on the LTC Market Cap :
Another great way to watch out for that serious bull run cycle is when LTCBTC starts to trade closer towards the white trendline and even above. Consider that the phase has ended again when LTCBTC candles lose the white trendline:
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CryptoCheck
CRYPTOCAP:LTC BINANCE:LTCUSDT BINANCE:LTCBTC COINBASE:LTCUSD
LTC/USD Secondary trend. DownlinkSecondary flow. Logarithmic graph. Term 3 days.
Main trend. — an ascending channel in which a huge butterfly is forming (part 2 is being formed)
Secondary trend is a downward channel.
Local trend in the secondary trend—wedge-shaped clamping of the price
Coin in coinmarket : Litecoin
The same options. Line chart.
Main trend
LTC/USD Main trend. Halving. Cycles, The psychology of repetition.
This butterfly. Logarithm. Deadline 1 week. I have shown one more variant of its formation in case of violation of its dynamic support.