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LTCUSD

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.
by MonoCoinSignal
5
LITECOIN, Huge Channel-Breakout Indicates Further Spikes Ahead!Hello Community, Welcome to this analysis about Litecoin on the daily timeframe perspective. As I researched the cryptocurrency market recently I found a interesting constellation in Litecoin and the determining factors that add to a scenario with positive implications to emerge. Therefore, as looking on my chart we can watch there Litecoin has emerged with this huge ascending-channel-formation and recently as the 65-EMA in blue crossed above the 100-EMA in green Litecoin manages to build up on this EMA bullish crossover and show up with a final breakout above the upper boundary which means that Litecoin is now about to form a substantial setup from where a continuation is likely. As Litecoin showed up with the final breakout the final targets of this breakout are confirmed as seen in my chart within the 110 USD region, once these are reached it has to be watched out on how Litecoin moves on further after this and if Litecoin has the ability to stay within this area or a pullback follows firstly. In this manner, thank you everybody for watching, Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
BITFINEX:LTCUSD
by VincePrince
5
LTC Invalidate and see, Elliott wave. Here is just one of my bearish interpretation. Most would still point down. IF the price crosses $92, I would say the proposed impulse down would be invalidated. I wouldn't be sold on ATH coming soon just yet, though. I think that there is a possibility that this is just a W4 until that line is crossed. Furthermore, I am still looking at longs as well, a bearish chart does not make me a bear. If this move is a motive off of the low, Ideally holding $73 would keep this a W4 on the 1hr. 64.90 is where the impulse up invalidates. If you have found this inspiring/helpful, please consider a boost and follow! Also, check out the links in my signature to get to know me better! Cheers!
COINBASE:LTCUSDShort
by CryptoKnee
1
Ltc closes a daily candle above the inv h&s necklineFinally a daily candle close above the inverse head and shoulder neckline for litecoin. Many alts have had an initial neckline penetration that then went back below the neckline for awhile before finally triggering the second time it went back above the neckline so it’s possible litecoin could also follow this same behavior. However we can see the 1day 50ma already starting to curl up here and considering there appears to be quite a lot of momentum occurring across the cryptosphere, its entirely possible litecoin could trigger the invh&s breakout on the first time above the neckline. Worth keeping an eye on. Should know within 3 daily candle closes if it is going to validate the breakout now or later. *not financial advice*
COINBASE:LTCUSD
by DrDovetail
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. Like and follow if you liked my idea!
Long
by DU09
7
LTC/USDT Ascending TriangleLTC/USDT Binance 4h Create ascending triangle chart pattern . What Is an Ascending Triangle? An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since price will typically break out in the same direction as the trend that was in place just prior to the triangle forming. KEY TAKEAWAYS The trendlines of a triangle need to run along at least two swing highs and two swing lows. Ascending triangles are considered a continuation pattern, as the price will typically break out of the triangle in the price direction prevailing before the triangle, although this won't always occur. A breakout in any direction is noteworthy. A long trade is taken if the price breaks above the top of the pattern. A short trade is taken if the price breaks below the lower trendline. A stop loss is typically placed just outside the pattern on the opposite side from the breakout. A profit target is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point. What Does the Ascending Triangle Tell You? An ascending triangle is generally considered to be a continuation pattern, meaning that the pattern is significant if it occurs within an uptrend or downtrend. Once the breakout from the triangle occurs, traders tend to aggressively buy or sell the asset depending on which direction the price broke out.
Long
by BabarLaghari
2
Why LTCUSDT Can Increase Another +50% 📈Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Unlike most of the cryptocurrency market, here's an altcoin that has been bullish over the last two weeks; Litecoin / LTCUSDT. IF we can CLOSE a weekly candle above the next immediate resistance zone around $75, $100 becomes a highly realistic target. It is though, important to see how the price will react at the resistance zone before entering the trade. Since you're here 👀 Here's my outlook on BTC : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
25
Litecoin and it's historical patternsLitecoin on the two weeks has already secretly started building momentum as shown by the STOCHASTIC RSI on the very bottom. This move should carry it up into the yellow box to consolidate until it does it's final break out to new highs. Once the fifty dollar price point leaves it will most likely be gone fore ever. It's new should be around one hundred dollars. Litecoin facts. 1 The mimble wimble addition has added privacy to Litecoin 2 Litecoin is the longest running chain without interruptions and has actually never been down 3 Litecoin will undergo its third halving on the 14th of July 2023 and will go to 6.25 block rewards which as rare as Bitcoin until bitcoins next halving in 2024 This is not financial advice.
KRAKEN:LTCUSDLong
by WeAreSat0shi
5