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LTCUSD

✴️ Litecoin Potential Bullish PatternWhen we look at the last three candles on the Litecoin vs USD chart (LTCUSD) we have a potential reversal pattern... Not yet complete/confirmed. If Litecoin were to close daily/today above $66 this would send out a strong bullish signal. Support was found at the 0.5 Fib. retracement level. While this isn't the 0.618 nor 0.786 Fib. level, when a pair is really strong it can recover sooner such as 0.5 or 0.382 Fib. This is the case with Litecoin. We know it has been strong because it moved ahead of the entire market. Another signal is a hidden bullish divergence short-term. Looking at November vs December, LTCUSD hits a higher low. The RSI on this same date hits a lower low... This is a hidden bullish divergence and while a short-term one it is really strong. There is growth potential. Higher lows tend to lead to higher high... So prepare! Namaste.
GEMINI:LTCUSDLong
by AlanSantana
14
ETHUSD and LTCUSD Technical Analysis – 22nd DEC, 2022ETHUSD: Bullish Harami Pattern Above $1152 Ethereum was unable to sustain its bearish momentum and after touching a low of 1152 on 20th Dec, the price started to correct upwards against the US dollar crossing the $1200 handle today in the European trading session. We have seen a bullish opening of the markets this week. We can clearly see a bullish harami pattern above the $1152 handle which is a bullish pattern and signifies the end of a bearish phase and the start of a bullish phase in the markets. ETH is now trading just above its pivot level of 1217 and moving into a mildly bullish channel. The price of ETHUSD is now testing its classic resistance level of 1221 and Fibonacci resistance level of 1224 after which the path towards 1300 will get cleared. The relative strength index is at 59 indicating a strong demand for Ether and the continuation of the bullish phase in the markets. We can see the formation of bullish engulfing lines in the 4-hour time frame. Both the STOCHRSI and Williams percent range are indicating an overbought market, which means that the prices are expected to decline in the short-term range. Most of the technical indicators are giving a BUY market signal. Most of the moving averages are giving a BUY signal and we are now looking at the levels of $1350 to $1400 in the short-term range. ETH is now trading above its 100 & 200 hourly simple and exponential moving averages. Ether: bullish reversal seen above the $1152 mark Short-term range appears to be mildly bullish ETH continues to remain above the $1200 level The average true range is indicating LESS market volatility Ether: Bullish Reversal Seen Above $1152 ETHUSD is now moving into a mildly bullish channel with the price trading above the $1200 handle in the European trading session today. ETH touched an intraday low of 1209 in the Asian trading session and an intraday high of 1220 in the European trading session today. We can see that the price is back over the pivot point in the 4-hour time frame. The parabolic SAR indicator is giving a bullish reversal signal in the 2-hour time frame. The Ichimoku price is over the cloud in the 2-hour time frame indicating a bullish tone of the markets. The price of Ethereum is marching towards a bullish zone against the US dollar and bitcoin. ETH/USD could continue to move higher back towards the $1400 level. The daily RSI is printing at 47 indicating a NEUTRAL demand for Ether in the medium-term range. The key support levels to watch are $1184 which is a 3-10 day MACD oscillator stalls, and $1191 which is a 14-3 day raw stochastic at 20%. ETH has increased by 0.20% with a price change of 2.43$ in the past 24hrs and has a trading volume of 37.617 billion USD. We can see a decrease of 29.77% in the total trading volume in the last 24 hrs which appears to be normal. The Week Ahead ETH’s price continues to remain in a bullish zone against the US dollar and bitcoin. ETHUSD is expected to move higher towards the $1300 and $1400 levels this week. On the upside we are now looking at the immediate targets of 1303 which is a 38.2% retracement from a 13-week low, and 1372 which is a 50% retracement from 13-week high/low. The immediate short-term outlook for Ether has turned mildly bullish, the medium-term outlook has turned neutral, and the long-term outlook for Ether is neutral in present market conditions. The price of ETHUSD will need to remain above the important support level of $1172 at which the price crosses 18-day moving average stalls. The weekly outlook is projected at $1450 with a consolidation zone of $1350. Technical Indicators: The average directional index, ADX (14): is at 33.73 indicating a BUY The rate of price change: is at 0.694 indicating a BUY Bull/bear power (13): is at 9.48 indicating a BUY High/lows (14): is at 2.49 indicating a BUY LTCUSD: Bullish Engulfing Pattern Above $61.07 Litecoin was unable to sustain its bearish momentum last week and after touching a low of $61.07 on 19th Dec, the price started to correct upwards against the US dollar crossing the $66 handle today in the European trading session. We can see that the price is back over the pivot point in the daily time frame indicating a bullish tone of the markets. We can clearly see a bullish engulfing pattern above the $61.07 handle which is a bullish pattern and signifies the end of a bearish phase and the start of a bullish phase in the markets. Litecoin is now trading above its 100 hourly simple moving average and below its 200 hourly exponential moving average. The price of LTCUSD is just above its pivot level of 66.18. The relative strength index is at 61.91 indicating a STRONG demand for Litecoin and the continuation of the bullish phase in the markets. We can see that the Williams percent range indicator is back over -50 indicating a bullish trend in the 15-minute time frame. Litecoin touched an intraday low of $65.23 in the Asian trading session and an intraday high of $66.60 in the European trading session today. The price of Litecoin continues to remain above most of the moving averages, which are now giving a STRONG BUY signal at current market levels of 66.28. The STOCHRSI is indicating an overbought level, which means that the price is expected to correct downwards in the short-term range. The short-term outlook for Litecoin has turned mildly bullish. Most of the technical indicators are giving a BUY signal Litecoin: bullish reversal seen above the $66.30 level The commodity channel index is indicating a neutral level The average true range is indicating LESS market volatility Litecoin: Bullish Reversal Seen Above $61.07 We can see that the price of Litecoin continues to gain traction against the US dollar and bitcoin. We are now looking to touch the $70 level. The super trend indicator is giving a bullish reversal signal in the 4-hour time frame. We can see the formation of bullish engulfing lines in the daily time frame. The Ichimoku price is over the cloud in the 2-hour time frame indicating a bullish trend. The resistance of the channel is broken in the 15-minute time frame. The price of LTCUSD is now facing its classic resistance level of 66.33 and Fibonacci resistance level of 66.52 after which the path towards $70 will get cleared. The daily RSI is printing at 41.35 which is indicating a weak demand for Litecoin and the shift towards the consolidation phase in the short-term range. LTCUSD has increased by 1.45% with a price change of 0.9506$ in the past 24hrs and has a trading volume of 0.314 billion USD. Litecoin’s trading volume has increased by 28.66% compared to yesterday which appears to be normal. The Week Ahead The price of Litecoin remains supported at lower levels and now we are looking to gain strength above the $70 handle. We can see the resumption of the long term bullish trend with the support located at $61.91 which is a 38.2% retracement from a 13-week low. The price of Litecoin needs to remain above the important support level of $65.69 which is a 14-3 day raw stochastic at 20% The short-term outlook for Litecoin has turned mildly bullish, the medium-term outlook is bullish, and the long-term outlook is neutral at present market conditions. The weekly outlook is projected at $75 with a consolidation zone of $70. Technical Indicators: The MACD (12, 26): is at 0.219 indicating a BUY The average directional index (14): is at 30.67 indicating a BUY Bull/bear power (13): is at 0.684 indicating a BUY The rate of price change: is at 10.52 indicating a BUY Disclaimer: This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
COINBASE:ETHUSD
by FXOpen
2
LTCUSD ABC correction nearing completion?after 5 waves up we are seeing a massive ABC (variation of) correction and completing the 5 waves of C imho IF this count is correct, and BTC tumbles to new lows (or at least test previous lows) i think its fair to say we will see market wide corrections Some Key Levels of Significance: -$48.88 -$40.27 -$29.52 -$22.83 in particular if this current structure is a true bear flag, i will be most interested in a buy at the ~$30.00 level not financial advice, just thoughts and notes for me to compare in the future.
COINBASE:LTCUSDShort
by astoinis
1
LTC Litecoin bullflag 100 USD ?Above is my analysis on LTC or Litecoin Crypto market has been downward trending except for this coin Litecoin it has been showing strength this is because the Litecoin Halvening is coming in end July 2023 which is just 7 months from today. LTC has been forming a clear bull flag which the target of the pole leads to prices above 100 usd there is also a 0.382 fib bounce off the move from 48 usd to 85 usd therefore the bulls are showing strength for this coin and ofcourse people will buy ltc in anticipation of the halvening pump cus in 2018 the dec to 2019 june pump for ltc was 6x or 600%
Long
by nadishobeye
2
ETHUSD and LTCUSD Technical Analysis – 15th DEC, 2022ETHUSD: Three White Soldiers Pattern Above $1222 Ethereum was unable to sustain its bearish momentum and after touching a low of 1222 on 08th Dec, the price started to correct upwards against the US dollar moving into a consolidation channel above the $1250 handle today in the European trading session. We can see the formation of a bullish doji star pattern in the 1-hour time frame indicating bullish trends. The commodity channel index indicator is giving a bullish divergence signal in the 1-hour time frame. We can clearly see a three white soldiers pattern above the $1222 handle which is a bullish pattern and signifies the end of a bearish phase and the start of a bullish phase in the markets. ETH is now trading just above its pivot level of 1286 and is moving into a consolidation channel. The price of ETHUSD is now testing its classic resistance level of 1287 and Fibonacci resistance level of 1288 after which the path towards 1300 will get cleared. The relative strength index is at 48 indicating a NEUTRAL demand for Ether and the continuation of the consolidation phase in the markets. The resistance of the channel is broken on the daily time frame. The STOCHRSI is indicating an OVERBOUGHT level, which means that the prices are expected to decline in the short-term range. Some of the technical indicators are giving a BUY market signal. Most of the moving averages are giving a NEUTRAL signal due to the market consolidation seen below the $1300 handle. ETH is now trading below both the 100 hourly simple and 200 hourly exponential moving averages. Ether: bullish reversal seen above the $1222 mark The short-term range appears to be mildly bullish ETH continues to remain above the $1250 level The average true range is indicating LESS market volatility Ether: Bullish Reversal Seen Above $1222 ETHUSD is now moving into a consolidation/correction channel with the price trading below the $1300 handle in the European trading session today. The prices of Ethereum are ranging near the support of the channel indicating bullish trends. The MACD indicator is now giving a bullish divergence signal in the 30-minute time frame. The price of Ethereum broke the $1300 level and then we can see some decline due to short selling of Ether which caused the dip below the $1300 level. ETHUSD touched an intraday high of 1314 and an intraday low of 1281 in the Asian trading session today. We have seen a bullish opening in the markets this week. The daily RSI is printing at 51 indicating a neutral demand for Ether in the long-term range. The key support levels to watch are $1210 which is a 14-3 day raw stochastic at 30%, and $1244 which is a 38.2% retracement from 4 Week High. ETH has decreased by 2.50% with a price change of 33.04$ in the past 24hrs and has a trading volume of 8.409 billion USD. We can see an increase of 0.58% in the total trading volume in the last 24 hrs which appears to be normal. The Week Ahead The price of ETH has now entered into a consolidation/correction zone, and after this we are expecting fresh upside waves crossing the $1300 and $1400 levels. ETHUSD continues to gain bullish traction from a weekly time frame from a 4-hour time frame with the bottom support located at $1075 touched on 22nd Nov. The immediate short-term outlook for Ether has turned mildly bullish, the medium-term outlook has turned neutral, and the long-term outlook for Ether is neutral in present market conditions. The price of ETHUSD will need to remain above the important support level of $1243 at which the price crosses the 18-day moving average. The resistance zone is located at $1291 at which the price crosses 9-day moving average stalls. The weekly outlook is projected at $1350 with a consolidation zone of $1300. Technical Indicators: The Williams percent range: is at -24.78 indicating a BUY The commodity channel index (14): is at 62.01 indicating a BUY High/Lows (14): is at 0.3436 indicating a BUY Bull/Bear power (13): is at 0.6240 indicating a BUY LTCUSD: Triple Bottom Pattern Above $73.50 Litecoin was unable to sustain its bearish momentum last week and after touching a low of $73.50 on 12th Dec, the price started to move upwards against the US dollar touching a high of $79.79 on 13th Dec. The price of Litecoin has corrected lower below the $75 handle due to short selling, but a rebound in the price is expected after the consolidation wave gets over. We can clearly see a triple bottom pattern above the $73.50 handle which is a bullish pattern and signifies the end of a bearish phase and the start of a bullish phase in the markets. Litecoin is now trading above its 100 hourly simple moving average and below its 200 hourly simple moving average. The price of LTCUSD is just below its pivot level of 75.86 The relative strength index is at 50.32 indicating a NEUTRAL demand for Litecoin and the shift towards the consolidation phase in the markets. The momentum indicator is back over zero in the 30-minute time frame indicating bullish trends. Litecoin touched an intraday high of $75.91 and an intraday low of $73.56 in the Asian trading session today. The price of Litecoin continues to remain above some of the moving averages, which are now giving a BUY signal at current market levels of 74.80. The RSI is indicating a neutral level, which means that the price is expected to move towards the consolidation phase in the short-term range. The short-term outlook for Litecoin has turned mildly bullish. Some of the technical indicators are giving a buy signal Litecoin: bullish reversal seen above the $73.50 levels The commodity channel index is giving a NEUTRAL signal The average true range is indicating LESS market volatility Litecoin: Bullish Reversal Seen Above $73.50 The price of Litecoin is now moving in a correction phase below the $75 handle. After this wave gets over, we can see fresh upsides towards the $80 level. The relative strength index indicator is back over 50 in the 15-minute time frame indicating bullish trends. The RSI Indicator is also giving a bullish divergence signal in the 1-hour time frame. The price of LTCUSD is now facing its classic resistance level of 74.83 and Fibonacci resistance level of 74.85 after which the path towards $80 will get cleared. Litecoin is now facing its resistance zone at $77.32 at which the price crosses 9-day moving average stalls and at $80.03 which is a 14-3 day raw stochastic at 50%. The daily RSI is printing at 52.38 which is indicating a neutral demand for Litecoin and the continuation of the consolidation wave in the medium-term range. LTCUSD has decreased by 4.35% with a price change of 3.41$ in the past 24hrs and has a trading volume of 0.619 billion USD. Litecoin’s trading volume has increased by 11.29% compared to yesterday which appears to be normal. The Week Ahead The price of Litecoin is moving in a zigzag pattern with the price remaining above the long-term monthly support located at $70.37 which is a 38.2% retracement from 13-week high. We are expecting more upsides towards the $75 and $80 levels, after the current downside wave gets exhausted. Some of the technical indicators are also giving a neutral stance. The price of Litecoin needs to remain above the important support level of $73.54 which is a 3-10 day MACD oscillator stalls. The short-term outlook for Litecoin has turned mildly bullish, the medium-term outlook is neutral, and the long-term outlook is neutral at present market conditions. The weekly outlook is projected at $80 with a consolidation zone of $75. Technical Indicators: The average directional index (14): is at 22.50 indicating a BUY The ultimate oscillator: is at 57.55 indicating a BUY The rate of price change: is at 0.094 indicating a BUYThe commodity channel index (14): is at -31.10 indicating a NEUTRAL Disclaimer: This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
COINBASE:ETHUSD
by FXOpen
2
#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...
by CryptoSanders9563
1