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LTCUSDT

✴️ Litecoin | Recovery Or Fail? Consider The Bigger PictureThe main chart above is indeed what we are seeing... But weakness abound or at least the feeling of weakness and doubt is in the air. Maybe because it is Sunday? Or because we will see a crash tomorrow? Recovery or fail? Here is the fail version of this chart: To be honest, everything goes but many Altcoins already went through the "fail" pattern, the lower low. The weak ones already went lower, some broke even their June 2022 low/support. The strong ones remain high, in this case a higher low compared to the March 2023 support. We are open to all scenarios but the chart remains bullish for Litecoin as long as it trades above its March 2023 low/support. That is short-term. The bigger picture is clearly up. Namaste.
CRYPTO:LTCUSDLong
by AlanSantana
11
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."
by Madoir
LTC/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the lower range, while inside the channel we can mark the local downtrend line under which the price is located. Moving on, we can move on to marking support areas when the current correction begins to deepen. And here the price is in front of a very strong support at $75.55, but if the support is broken then the next support is at $69.44. Looking the other way, we see first resistance at $78.88, second resistance at $82.11, then third resistance at $84.88, then we have a very strong resistance zone from $87.48 to $91, $21. At this point, it is worth noting that the current price drop caused the price to drop below the EMA Cross 200 line, which indicates a return to a strong downtrend. Please look at the CHOP index, which indicates that the energy has been used, the MACD confirms the current downtrend, while the RSI has a rebound to the lower end of the range, which may indicate the imminent end of the correction and the upcoming increase.
by cryptodailyuk
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Litecoin (LTC) was one of Monday’s biggest losers, as prices fell by as much as 5%. Following a high of 96.36 on Sunday, LTC/USD sank to an intraday bottom at the 91.79 level. This drop sees Litecoin fall for a second consecutive session, after a false breakout of a ceiling at 96.00 prices were relatively overbought, with the RSI hovering close to a ceiling at 62.00, prior to the decline. Previous LTC bulls likely shifted their positions due to the proximity to the aforementioned resistance point. the index is now tracking at 52.00 after this sell-off, with a floor at 50.00 as a potential landing zone. Hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
LTC/USDT 1DInterval Targets and StoplossHello everyone, let's look at the LTC chart on the one day time frame. As we can see, the price is still above the uptrend line. Let's start with setting targets for the near future that we can take into account: T1 = 89,13$ T2 = 92,33$ T3 = 94,98$ T4 = 97,54$ and T5 = 101,28$ Now let's move on to the stop loss in case of further market declines: SL1 = 83,56$ SL2 = 80,14$ SL3 = 75,28$ and SL4 = 69,44$ The CHOP index indicates that there is still energy for movement, the MACD indicates the uptrend is maintained, while the RSI, despite a strong rebound, still takes place for the price to go down to the previously mentioned support areas.
by cryptodailyuk
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."
Long
by Madoir
LTCUSDTHello dear friends, *Mars Signals Team wishes you high profits* This is a daily time frame analysis for LTCUSDT.1D We are in the daily time frame. And now the price is hovering over the resistance zone and the price is moving slightly above the resistance zone. If the price can consolidate above the resistance line, we expect it to start moving towards our second resistance line. But if it cannot stabilize above the resistance line, we expect to fall to the first support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
1
Litecoin (LTC) Price Analysis 2023Litecoin (LTC) ranks 12th on CoinMarketCap in terms of its market capitalization. The overview of the Litecoin Price prediction for 2023 is explained below with a daily time frame. In the above chart, Litecoin (LTC) laid out an ascending triangle pattern. It is the inverse of the head and shoulder pattern. Generally, in this pattern, the price action slides downwards and then rises up. Thus, forming three troughs in the pattern, left shoulder, head, and right shoulder. This pattern can be a potential signal for the upcoming bullish market. If the price action establishes a breakout above the neckline resistance, the price might rise up to new highs.At the time of analysis, the price of Litecoin (LTC) was recorded at $91.99. If the pattern trend continues, the price of LTC might reach the resistance levels of $93.31 and $11. If the trend reverses, then the price of LTC may fall to the support of $83.31
Long
by TheNewsCrypto
20
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
by MyTechNAz
Litecoin Halving Soon,what's Next?#LTC UPDATE LTC is creating a symmetrical triangle pattern in this daily time frame (basic about symmetrical triangle pattern) A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. KEY TAKEAWAYS #Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes. #The breakout or breakdown targets for a symmetrical triangle are equal to the distance between the initial high and low applied to the breakout or breakdown point. #Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation. The upper trendline is acting as resistance right now, and if it doesn't break out of this pattern, we may see a retest of the lower level of this pattern, which is also the golden level of fid retreatment. After the breakout of this pattern, we can anticipate a very strong bounce. LTC is encountering resistance at $102 but market sentiment indicates a breakthrough is on the horizon. The best exit place for short-term investors would be in the $130–$140 region if this barrier is broken, at which point LTC might start a bullish run. This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor. For more Quality Charts Analysis, follow us. I'm grateful.
Long
by CRYPTOMOJO_TA
4
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS 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) was one of Thursday’s notable gainers, as prices moved past a key resistance level. Following a low of 88.35 on Thursday, LTC/USD rose to an intraday peak at 94.21 earlier in the day. Litecoin broke out of its recent ceiling at 93.00, hitting a two-week high in the process. it appears that Thursday’s surge came as the 14-day relative strength index (RSI) broke out of a ceiling at 58.00. Since the breakout, the index has continued to climb, and as of writing this is currently tracking at 59.76. In the event momentum continues in this direction, there is a strong chance that LTC will move above 95.00. Hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
LTCUSD → Breakthrough of two-year resistanceLTCUSDT forms a resistance breakout after a small false breakout. The coin does not fall much after FB, forms a retest and breaks the line. Bulls are trying to take control of the situation and so far everything is working out successfully. A strong support line of 91.23 is being formed. If the bulls can hold this area, then Litecoin will show us an excellent growth towards the resistance of the ascending channel. The fundamental component for LTC is quite good, the network is constantly being updated and activity has been increasing in this network lately. A global triangle is forming on the chart, the price tends to test the resistance of the set-up. A slight pullback is possible, but in the medium term I expect a breakthrough of the upper limit. Moving averages act as support. Strong support: 91.23, previously broken resistance line and 83.66 Strong resistance: 95.00, 102.53 I expect the growth to continue after the resistance is broken. LTC in the market feels a certain confidence that can allow the price to get stronger. Sincerely, R. Linda!
Long
by RLinda
11