Litcoin halving 4days away!litecoins halving is only 4 days away and also in a falling wedge
could see nice pump incoming
LTCUSD
Litecoin Halving Soon!#LTC Short term update
LTC is making this falling wedge pattern and currently holding above the lower level of this pattern,I am expecting some good bounce after the breakout of this pattern.
wea can long here with SL of 86.40$
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Litecoin halving soon. How the LTC price will react?Today, let's look at what is happening on the LTCUSDT chart
In 33 days, LTC Halving will take place, which means that the reward for a mined block will be halved.
Previously, before the two previous halvings, which occurs every 4 years, the LTC price peak was reached 40-42 days before the halving.
We described it in more detail here:
This year, it seems that this pattern has been broken.
For more than 4 months, the LTCUSD price has been in consolidation, twice entering the buy zone, which was also mentioned in previous ideas, and then the price bounced up sharply from there.
Therefore, it seems more likely to us that the Litecoin price will break out of this consolidation to the upside.
For ourselves, we have set a price range of $128-136 as the first place where we could cover some of our longs and take profit on medium-term trades.
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LTCUSD ❕ descending wedgeThe chart has reached the lower boundary of the pattern again.
Trading volumes decreased on the formation of the wedge.
I expect a rebound after holding the support.
LTCUSDsimple bull flag setup
pre halving by 10days or so so catalyst/narrative trade..
might be to crowded a trade.. or might do something wierd towards the end of the monthly candle before the aug2 halving
hasnt even broken out yet but weekly candle looks like it wants up this or next week...
only suggestion it might break out is the small reversal styled 1hrly candle and that it had a couple of impulses up from the 90~low
so not a super safe bet by any stretch but the setup is there..
LTC ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to 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
LTC looks weak off the VWAP off swings highs, short is probableLooking for downside intraday with leverage with a LTC short. LTC could not hold the upside push as the VWAP from highs has kept a lid on it.... a break under the horizontal vwap should trigger a flush down to roughly the 90.10 area.
LTC looking for some upside with ETH and BTCLTC trying to hold this pivotal volume area has potential to push up over 2% towards recent highs giving a beautiful 3.6R potential.
Litecoin has turned negative.Litecoin - 24h expiry - We look to Sell at 97.78 (stop at 101.38)
Bespoke resistance is located at 98.
97.85 has been pivotal.
Short term bias has turned negative.
The trend of higher intraday lows has also been broken.
Preferred trade is to sell into rallies.
Our profit targets will be 88.78 and 86.78
Resistance: 93.00 / 95.00 / 98.00
Support: 89.12 / 88.00 / 86.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Litecoin (LTC) formed a bullish Gartley for upto 34% moveHi dear friends, hope you are well and welcome to the new trade setup of Litecoin (LTC) with US Dollar pair.
Previously I shared a long-term trade signal for LTC, which is still in play as below:
Now on a daily time frame, LTC is about to complete another bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
LTC halving pump period has begun, based on previous halvingBased on previous halvings LTC should be in a very bullish period for the next 2 months. Of course if SPY and the big boys start to tank this would be voided so need to keep an eye on SPY/SPX
#LTC Intraday (15 MIN) Trade Analysis#LTC Intraday (15 MIN) Trade Analysis.. I am IN with future options for this trade..
LTCUSD Long Litecoin Strong Bullish signal. Risk Reward 1/2 ... I think big consolidation was ended , now it's time to buy more and more LTC...
LTCUSD - Breakout SupportSupport is found with the breakout above the structure.
Support is shown with the green line and circle outlines the support found above the trend line.
Litecoin to break the trend of higher lows?Litecoin - 24h expiry - We look to Sell a break of 90.68 (stop at 93.88)
Trend line support is located at 93.00.
Prices expected to stall near trend line support.
A break of the recent low at 90.85 should result in a further move lower.
The medium term bias is neutral.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 82.68 and 80.38
Resistance: 94.07 / 95.50 / 98.00
Support: 93.00 / 91.50 / 89.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LTCUSDT to hit weekly support and bounceThe price hit the monthly and weekly resistance confluence MR1+WR1 and got rejected from there. Currently the price is facing pullback due to that rejection. Next signifiant support is the weekly support where the price is likely to be headed. I expect the price to touch this weekly support zone for a good bounce. By the way, prospect of this one is looking good as it has pushed itself up strongly and moved beyond the downward trend line. The next strong support level is weekly support WS2.
Litecoin LTCUSDT Price Analysis (4h)Greetings, fellow traders and investors of @TradingView 📈🚀
Let's delve into the analysis of Litecoin (LTC) and explore its recent price action on the rising trend. 📊✨
Over the past 30-day period, Litecoin has displayed a consistent upward movement, indicating a well-defined rising trend. Upon closer examination, we can observe the formation of an Elliott Wave pattern, specifically the 1-2-3-4-5 wave structure. This pattern suggests a completed impulse wave and indicates a potential period of consolidation for Litecoin.
🔍 It is crucial to understand the Elliott Wave theory and its application in technical analysis to grasp the potential implications of this pattern fully. Further insights can be found in comprehensive book Elliott Wave Principle: Key to Market Behavior by Robert R Prechter.
👀 As Litecoin enters the consolidation phase, we anticipate a potential pullback towards the support zone in the range of $85 to $90. This area is a critical level where historical price action suggests strong buying interest and the potential for a rebound to the upside.
📉 However, it is essential to approach trading and investment decisions with caution. Market conditions can be dynamic and subject to unexpected changes. Setting appropriate stop-loss order and employing risk management is crucial to protect capital effectively.
📚👩🏫👨🏫 Stay informed and up to date with the latest market analysis and trading strategies by exploring our comprehensive resources on various trading concepts and techniques:
LTC - 2023 Halving playThe first LTC bottom took place 224 days before it's first halving, and it pumped ~800%. It topped out around 40 days before the halving, and subsequently dropped around ~75% in the months that followed.
The second bottom took place 245 days before it's second halving and it pumped ~600%. Once again, it topped out around 40 days before the halving, and subsequently dropped around 85% in the months that followed.
If this pattern plays out a third time, I predict the following:
1. LTC will reach it's bottom around ~235 days before it's next halving, some time in late December of 2022 and early January of 2023.
2. It will bottom out between $25 - $30.
3. It will top out between $110 - $130 in early July of 2023.
4. It will subsequently drop back down to low $30s in the months that follow.
LTCUSDT Rallies 38%, PULLBACK LikelyHi Traders, Investors and Speculators of Charts📈📉
We are seeing a correction on LTCUSDT after a 38% increase and it's time to secure those profits!
LTCUSD is likely to correct to the next immediate support zone where you can either
💥take a swing trade and short, or
💥 wait and accumulate more at the demand zone back in the $90's
Previous Litcoin Update :
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LTCUSDT, Multi timeframe analysis to invest📈 LitecoinHello guys. Everything is explained on the chart for you like always, After decreasing phase, the price is in the accumulation phase and the ascending phase is starting specially with Halving in August. So we have a good point to buy as a investment, You can consider it and monitor the price's actions in the circle to buy it.
Observe the capital management and stop loss for any unforeseen event in the market.
Good luck
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Write your comment and opinion below for me
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Salam doostan aziz, hame chiz rooye chart moshakhas shode be dide sarmaye gozari boland modat baraye harkat soodi movaghate market. gheymat baad az faaz nazooli varede faaze anbaasht shodeh va faaze soodi dar haale shoro kardan hast bekhosoos ba Halving dar mahe August. pas ma noghte kharide khoobi ro darim. raftar gheymat dar dayere ro darnazar begirid. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid.
moafagh bashid.
like va follow faramoosh nashe :)
TRADE ALERT - Long LitecoinTraders,
Doubling down on my Litecoin position. Touch my 96.42 level which intersects the top of the triangle for a perfect area of confluence and excellent support! Target $131. SL is my first entry price, $91.
Best of luck all!
Stew
Simple set-up for LTC Long if it breaks 107, short if it breaks 103, that's the simple set-up here. NFA
