LTCUSD - Large Rise During Gaussian Channel Down Period As seen in ~2017 the bear phase is very short and leads to a massive rise
I suspect this will occur for Litecoin again after years of weak performance
Great long buy
In the 2017 scenario price was similarly trending under the middle line of the channel.
LTCUSD
Could LTC/USD bounce from here?LTC/USD is falling towards a support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 83.97
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 78.19
Why we like it:
There is a pullback support level.
Take profit: 94.84
Why we like it:
There is a pullback resistance level which is slightly above the 78.6% Fibonacci retracement.
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.
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Litecoin (LTCUSD) Quick Video IdeaEASYMARKETS:LTCUSD
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LTC/USD is rising towards 127.2% Fibonacci extension?Price is rising towards a resistance level which is a pullback resistance level that lines up with the 127.2% Fibonacci extension and could reverse from this level to our take profit.
Entry: 83.05
Why do we like it:
There is a pullback resistance level that lines up with the 127.2% Fibonacci extension.
Stop loss: 85.05
Why we like it:
There is a pullback resistance level which aligns with the 78.6% Fibonacci retracement.
Take profit: 79.29
Why we like it:
There is a pullback support level.
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.
$LTC to Touch $110 After BreakoutCRYPTOCAP:LTC has honestly been having some sort of shitty price action in the previous weeks before now, it is also apparent that there's some bullish catalyst that is currently surrounding it, especially concerning positive news.
Speaking solely from the angle of price action and trend analysis, CRYPTOCAP:LTC has broken out from its long-term consolidation on the 4hr chart and is billed to move higher as the market continues to either consolidate or trend positively.
Take CAUTION with these ALTS : ALGO, LTC, XRP, HBARIt's time to review which altcoins showed sign s of strength during the recent new Bitcoin All Time High (ATH) ... and which showed no strength.
Together with the failed breakout we observe on Algorand, THESE altcoins didn't fare much better. There are a few more, but let's focus on these alts for today:
What we're comparing this chart to, is the obvious increase we have seen on BTC (new ATH) and the following increases across other altcoin markets:
During the previous cycles; we often saw the altcoin market rally a week or two AFTER a new BTC peak.
From this, we can determine that most of the bigger altcoins (by market cap) should have rallied by now. In conclusion; we need to re-evaluate the fundamental arguments for these alts - why were they not able to show signs of strength like other alts? Why were the sellers so overwhelming compared to other alts?
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BINANCE:ALGOUSDT COINBASE:BTCUSD BINANCE:XRPUSDT BINANCE:LTCUSD.P BINANCE:UNIUSDT BYBIT:HBARUSDT
The LTC is set for a huge drop.Hello friends nice to meet you all how was your day?
I feel good today because I ate light meat for lunch hahaha
Bearish Flag Pattern is indicating a DOWN.
The exact condition to enter a safe position is when the retest is successful after breaking down the lower flag line.
The target value is the AB=CD pattern, which is a 1:1 value drawn for each inflection point.
LTC📊Analysis by AhmadArz:
🔍Entry: 87.60 - 86.06
🛑Stop Loss: 89.56
🎯Take Profit: 83.88 -80.83 -78.95 -76.40
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Litecoin poking its head above the inverse h&s necklineAs I always reiterate, priceaction will often dip back down blow the neckline of an inverse head and shoulders pattern after the first time it breaks above that nckline, so you never want to get too overzealous about the initial neckline breach like we can see litecoin has jsut made on its inverse head and shoulder pattern. Probability is fairly good that I will have to readjust my measured move line slightly lower to wherever the real validation break of the invh&s neckline occurs, however there’s also plenty of examples where an asset has validated the invh&s breakout on the very first breach of the neckline so one must always take into consideration that that outcome is also quite possible. Either way, being deep into the midst of our current bull market,I am confident this invh&s attern will have its breakout inevitably validated at some point in the near future. We’re we to see a pattern like this in the middle of a bear market then probability would be much higher for the chance of it being a complete fakeout bull trap, but since the market cycle and overall macro sentiment of the market at the moment is bullish probability of this pattern being a fakeout/bull trap that ends up getting nullified is almost non existent. In my opinion Litecoin will need to flip the weekly 200ma(in blue) to solidified support before it can validate the breakout of this pattern so that will be something to watch for. *not financial advice*
Litecoin: Macro Cup with Handle with a Bullish Target of $9,493Here is yet another Bullish Chart of LTC this time i'd like to point focus on a huge Cup with Handle i just discovered while looking on the higher timeframes. We haven't broken out of the handle yet but if we do out next target based off the measured move should take us to $9,493
Litecoin poised for a move upAs you can see on the chart, LTC has been hovering around the bottom bollinger band and has held up pretty well compared to others in this most recent correction…If Bitcoin stabilizes I think it’s time for LTC to move up and start it’s bull run.
Let me know what you think in the comments below.
Not financial advice. DYOR
Litecoin LTC price is preparing a surprise for us?)Today, let's talk about Litecoin.
Once upon a time, CRYPTOCAP:LTC was called "silver" of course after CRYPTOCAP:BTC "gold", and gave more hope and prospects for CRYPTOCAP:LTC than CRYPTOCAP:ETH at about the same then price of $6-9 per coin :)
Now the "conspiratorial talks" around Litecoin are resuming again. As if the chance that LTC ETFs will be the next to be accepted is higher than ETH ETFs. This is attributed to the fact that LTC has the same halving cycle as BTC, and in general, they have more in common than BTC and ETH.
Do you believe this?) Write in the comments.
Now, what do we see on the #LTCUSDT chart?
- The price has been holding up quite well lately, so if it stays above $100, there will be a good chance for continued growth to $130-140
- If the correction in the crypto market continues with greater force, then LTC could fall to $70
In general, the #LTCUSD price is moving very "hard" and trades are taking a long time to work out
But that's the price for low-risk and low-volatility trading.
But if you believe that the LTC ETF will be next, then buying LTC in the range of $70-80 with the prospect of rising to $250 or even $295 is a good idea.
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LTCN Following BCHG, Dont Get Shaken Out Here!I just wanted to point out where I believe we are in the LTCN cycle. BCHG seems to have front run LTCN in this cycle. BCHG broke through the .786 and corrected perfectly down to touch the .7 LTCN is correcting are the .618 where BCHG didnt. So what I see is LTCN is going to break the .786 at $132 spike up to $160 and then come back down to the .7 at $84 before a straight shot up to all time high. Dont get shaken out here right before the massive parabolic rally in cryptos and crypto stocks.
Also something to note is the STOCH RSI and RSI look much more bullish on the LTCN chart where the BCHG chart looks a little more toppy and corrective.
Not financial advice just my opinion. Thank you
LTC/USDT Harmonic Pattern Analysis for Profit PotentialOverview:
LTC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action reaching a critical support level. This convergence suggests a potential bullish reversal from point D, presenting a favorable opportunity for traders to capitalize on the anticipated upward movement.
Entry Strategy:
We recommend entering a long position near 97.8739, strategically positioning ourselves to benefit from the anticipated bullish momentum.
Stop Loss Placement:
To mitigate potential downside risk, it is advisable to place a stop loss order near 92.028411. This level serves as a safeguard against adverse price fluctuations, preserving capital in the event of an unexpected market downturn.
Take Profit Targets:
Our analysis identifies multiple profit-taking opportunities to optimize returns:
- TP-1: 102.8740
- TP-2: 108.2745
- TP-3: 113.7637
These targets are strategically aligned with key resistance levels, offering potential exit points as the price advances.
Risk Management:
It is imperative for traders to adhere to disciplined risk management practices, including proper position sizing and adherence to stop loss levels. Additionally, monitoring market conditions and adjusting trading strategies accordingly can help mitigate inherent risks associated with speculative trading.
Conclusion:
In conclusion, the technical analysis of LTC/USDT indicates a promising bullish outlook, supported by the formation of a harmonic pattern and confluence with key support levels. By implementing a prudent entry strategy, combined with effective risk management techniques, traders can potentially capitalize on the anticipated upward movement and achieve favorable returns.
Litecoin (LTCUSD): Your Next Profit Opportunity!For LTC, we were stopped out of our first attempt to catch wave (iv). However, we concluded wave (iv) exactly at the level of wave (i). Following that, we completed the overarching wave ((iii)), or wave (v), exactly where we anticipated, between the 61.8% and 100% levels. We are therefore in wave ((iv)), which we do not believe to have concluded yet, and expect a pullback to the 38.2% to 50% levels, which are at $90.20 and $85.81. Afterwards, we should at least reach the level of approximately $115, which is the minimum level. However, we should actually break out even more, but we will definitely see how things develop. Since we are still in an overarching wave 3, we should then go significantly higher. We will definitely place this entry, as the possibility of this being a triangle looks promising. So, we need to wait and see how Litecoin develops and whether our limit order gets filled.
LTC - BIG NEWS : THIS Last Happened in 2020📈📉Hi Traders, Investors and Speculators of Charts📈
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators!
We observe the bullish cross on our technical indicator; a bullish cross that lead tot he parabolic cycle in December 2020 (there hasn't been one since). I used this exact method to call the start of a new BTC bullish cycle. Find it here:
From a trendline analysis as well as moving averages, we get a support zone around $80. The price may very well wick towards this zone and STILL remain bullish.
Remember that as BTC trades sideways/range, we may see rallies across altcoin markets. I've created this post to give you a better understanding of the rotation between BTC and Alts:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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