#LTCUSD- LONG BIG MOVE TARGETING 106!-After a months of bearish and seller control price recently have shown the bullish reversal, potential a long bull trend has began. Price bounced at the daily external liqudity zone.
-Our first target that we are aiming is 106 however if we break that trend then it will be an indication of the long run.
-Trade will be activated once it shows some retracement so we will have a spot on entry.
-If you like the idea, do let down your views in comment.
Ltcusdidea
LTC Halving is days away, how high can price rise?Technical analysis on Litecoin shows a bullish trend, now the upward setup is starting to gain strength, I expect a stormy start next week.
The price of LTC needs to close the imbalance at the level of 105$.
On the histogram, the divergence confirms the Fibonacci setup.
XRP's Forecast Stormy While LTC Gains Momentum? 🌧️ 🌞🚀 According to ATTMO, Litecoin and XRP are facing rainy weather ahead in the next 24 hours, which signals a slightly bearish market with downside risk. Over a one-week horizon, Litecoin may continue to rise ahead of its halving, while XRP may continue to be under pressure, ATTMO indicates.
However, ATTMO still forecasts sun with a few scattered clouds - a slightly bullish market with upside potential - is likely over the coming hours and a one-week horizon.
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LTC Gains Momentum 🌞🚀 XRP's Stormy Forecast 🌧️?The crypto summer shows no signs of abating any time soon ☀️, according to ATTMO. Sun with a few scattered clouds - a slightly bullish market with upside potential - is likely over the coming hours and a one-week horizon.
Litecoin and XRP buck this positive trend with rainy weather ahead in the next 24 hours, which signals a slightly bearish market with downside risk. Over a one-week horizon, Litecoin may continue to rise ahead of its halving, while XRP may continue to be under pressure, ATTMO indicates.
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Litecoin - $200 on the horizon: FRACTALHi Traders, Investors and Speculators of Charts📈📉
From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis :
By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. The fractal we're looking at in turquoise happened around the same resistance zone that we're currently facing. Three bullish signs are:
✅ Consolidation under resistance zone / bullish
✅ Higher Lows - buyers are buying up dips
✅ Bullish Technical Indicator CryptoCheck START v3.5
Even thought the price may continue to trade range bound for a period of time, the next big market cycle is clearly the bullish phase.
Incase you missed it ! Here's yesterdays analysis on SOLUSDT :
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CRYPTOCAP:LTC BINANCE:LTCUSD.P BYBIT:LTCUSDT.P BYBIT:LTCUSDT BITFINEX:LTCUSDLONGS COINBASE:LTCUSD BINANCE:LTCUSD BINANCE:LTCUSDT KUCOIN:LTCUSDT KRAKEN:LTCUSDT
Litecoin Storm Warning 🌩️ : Imminent Correction Ahead The weather is tropical 🌴 – translating into imminent correction likely ahead – for Litecoin today.
On the other hand, the global crypto summer ☀️ continues with sunny weather in the coming hours and week ahead for the global crypto market as yet another major asset manager filed a spot Bitcoin ETF and on today’s options expiry.
This signals a slightly bullish market with upside potential. 📈
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LITECOIN UPDATE WEEK 18-24 JUNE 2023
In analyzing the market for LTC/USD, there are a few factors that suggest a potential move to the upside in the coming days, followed by a subsequent drop as the dollar strengthens in the coming months, possibly around July.
Firstly, the recent break of a low in the market could indicate a period of retracement or correction. When a market breaks a previous low, it often triggers a wave of selling and prompts investors to reassess their positions. This correction is a natural part of market dynamics and can lead to a temporary shift in sentiment.
Furthermore, the expectation of an upside move in the short term could be influenced by various factors. One possibility is positive news or developments specific to Litecoin (LTC), the cryptocurrency in the LTC/USD trading pair. Positive developments such as partnerships, technological advancements, or regulatory clarity can generate optimism among investors and lead to an upward price movement.
Additionally, broader market dynamics can also contribute to this expected upward move. Factors such as improved market sentiment, increased institutional interest, or positive macroeconomic indicators may create a favorable environment for cryptocurrencies in general, including Litecoin.
However, it's important to note that market movements are influenced by a multitude of factors and are inherently unpredictable. While technical analysis and market trends can provide insights, they cannot guarantee future price movements.
Looking ahead to the coming months, the anticipation of a drop in the LTC/USD market as the dollar strengthens suggests a shift in the broader economic landscape. A strengthening dollar can have a negative impact on cryptocurrencies, as they are often seen as alternative investments and can be negatively correlated with traditional fiat currencies.
The strength of the dollar can be influenced by various factors, including macroeconomic indicators, monetary policy decisions, and geopolitical developments. These factors can create an environment that favors the dollar over other currencies and assets, potentially leading to a decline in the value of cryptocurrencies like Litecoin.
It's important to keep in mind that the interplay between cryptocurrencies and fiat currencies, such as the dollar, is complex and influenced by a wide range of factors. Predicting future movements with precision is challenging, and it's always advisable to approach the market with caution and consider multiple perspectives when making investment decisions.
LTC Pre-Halving Pump into Q2 2023 -Crypto's first sign of springPrice Action into LTC halving seems consistent without regard to market sentiment.
SENTIMENT AND ENVIRONMENT INTO LTC HALVINGS:
2014 - "MT Gox.. Silk road... etc"
2018 - "ICO crash, BlockWars, China Crypto Banning, Fed tightening. . .etc"
2022 - "FTX collapse, Fed Tightening, 3 arrows capital, etc etc"
LTC seems to not care and its halving is usually about 9-18 months before BTC halving event
Watching to see how this plays out will be useful to know if money is still interested in this space.
Is it time to sell LTC as death cross just occured?As you may already know, a "death cross" occurred on the LTC/USD chart on June 19th, 2021. This is a technical analysis term that refers to when the 50-day moving average crosses below the 200-day moving average, indicating a potential trend reversal to the downside.
This is not something to be taken lightly, as it could be a sign of further losses for LTC in the coming weeks and months. As investors, it is important to be aware of these indicators and make informed decisions about our holdings.
Therefore, I am urging you to consider selling your LTC holdings currently. While it may be tempting to hold on and hope for a rebound, the death cross is a strong warning sign that should not be ignored.
Of course, it is ultimately up to each individual to make their own investment decisions. However, I believe it is important to share this information with the community and encourage everyone to take a cautious approach.
LTCUSDT ⚠️"Litecoin has lost three important and primary supports in its recent decline. There is one significant static support at a price of $75 and two trendline supports indicated by red and yellow colors on the chart.
Currently, the price is below all three previous supports, and naturally, they will now act as resistances. In my opinion, if today's candle closes below these three lines, we should expect further decline and a fall towards the main trendline, represented by the green color on the chart.
Therefore, today's candle is crucial for me, and if it doesn't return above the support lines, I will be looking for a selling point."
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
LTCUSDTThere are only 60 days left until the halving of Litecoin, and according to the data we have from the previous halvings, the upward movement will continue until 40 days before the halving, and after that the downward movement will begin. So, most likely, less than 20 days from The upward days of Litecoin remain and the prediction of the price of 130 dollars for these days should not be far from imagination. You should also consider possible sharp movements for such events.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
My vision of the scenario on the $LTCArguments for this development of events:
1) On the graph, you can see a push to the resistance level (it has only fake out - you need to sell)
2) Everything above $75+ was distributed to weak hands
3) The crowd is very positive about LTC (there should be a halving and a price increase - everyone thinks so)
4) Waiting for regulation of the crypto market (this will lead to the final wave of decline)
Write your coins in the comments. Thank you for your attention
Could upcoming Litecoin havening outperform BitcoinAs the halving of LTC approaches, many of you may be wondering where to invest your hard-earned money. Well, I have some exciting news for you - Litecoin (LTC) could outperform Bitcoin (BTC) as the halving approaches!
You see, LTC has a halving event coming up in August 2023, which means that the mining rewards for LTC will be cut in half. This will reduce the supply of LTC and increase its scarcity, leading to a potential increase in its value. In fact, history has shown us that LTC has outperformed BTC in the months leading up to and after its halving event.
So, why should you invest in LTC? Well, besides the potential for higher returns, LTC is a solid investment with a strong community and development team. It also has faster transaction times and lower fees compared to BTC, making it a more practical option for everyday use.
Don't miss out on this opportunity to invest in LTC before its halving event. Take action now and add LTC to your portfolio. As always, make sure to do your own research and invest wisely.
Thank you for your time and happy investing!
LTC return 50% over the last year while BTC went negativeAre you feeling the sting of Bitcoin's recent losses? Well, fear not, my friend, because I have good news for you. Litecoin has been killing it lately, with returns of 50% over the last year. That's right, while BTC has been taking a hit, LTC has been flourishing.
So why not consider putting more of your investments into Litecoin? Not only has it been performing well, but it also has faster transaction times and lower fees than Bitcoin. Plus, with the recent announcement of a Litecoin debit card, it's becoming even more accessible for everyday use.
Don't get me wrong; Bitcoin still has its place in the crypto world. But if you're looking for a solid investment with impressive returns, Litecoin is where it's at.
So, what are you waiting for? Let's jump on the Litecoin train and ride it to the moon!
LTC is showing growth.Hello everyone! I've noticed that in the past few days, LTC has been showing growth consistently. I will conduct a brief analysis to understand the reasons behind this and what we can expect in the future. I believe most of you are aware that we have a halving event coming up, specifically in 72 days. I have explained what halving means in my previous posts. Additionally, we have a very positive news background. The launch of the LTC-20 network is also imminent, which could further push the price upwards. The coin is also being traded within an ascending channel globally, providing opportunities to buy at the lower boundary for profit-taking at the upper boundary. So, let's keep an eye on LTC.