$LTCUSDT ; it is ready to Huge Move CRYPTOCAP:LTC Seems to be preparing for a great move and, of course, before it the Price should be go above $96 and stay above it.
The great event is on the way. As I said in the past post.
Watch it with carefully.
I have predicted that we will see $130 by the next month.
LTCUSDT
✅LTC is about To do a Bullish movement!🌟The LTCUSD is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 monthly
- Bullish Channel
- The Bottom of the Wedge area
- Falling Wedge Pattern
- Moving EMA100
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles or Wedge broken from the bottom , this analysis of ours will be failed.
✅Investing in something that is easy is rarely profitable.
Robert D. Arnott
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
LTC: Pullback in UptrendLitecoin (LTC) technical analysis:
Trade setup : Break above $90 had failed to hold up and price broke back below this key leben and is approaching a support zone around $80 and 200–day moving average, which could be an attractive swing entry.
Trend : Downtrend on Short-Term basis, Uptrend on Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, then $105.
LTC/USDT Technical Analysis ( What Halving Targets )LTC/USDT Technical Analysis: Bearish Trends and Upside Opportunities
LTC is currently trading at $84, displaying a bearish trend. Our analysis suggests a potential downtrend continuation towards $78. Previous resistance at $100 resulted in a rejection, but key support levels offer potential upside opportunities.
If LTC holds the strong support at $78 and breaks above $100, we may witness renewed upward movement. This could lead to an upward rally towards the $140-$150 range. Traders, keep a close eye on the breakout at $100 for potential bullish momentum.
On the downside, a breakdown below $78 could trigger further declines. In such a scenario, downside targets of $60 and $50 come into play. This presents a potential long-term buying opportunity for those looking to accumulate LTC at lower prices.
Key Levels:
Support: $78, $63, $50
Resistance: $102, $150
Disclaimer: This analysis is not financial advice. Please conduct your own research before making any investment decisions.
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BTC Faces Bearish Conditions 🐻⚡️ Will LTC Defy the Trend? 🌩️🚀The global crypto market faces cloudy weather with some sun ⛅️ in the next 24 hours, as the failure to reach an agreement on the US debt ceiling weighs on the market sentiment. This translates into a slightly bearish market 🐻 with downside risk for several currencies, Bitcoin included.
The weather is however stormy ⛈️ – signaling an imminent rebound – for Litecoin today. Litecoin has been subject to profit-taking 💰 after interest for this crypto asset soared following its release of its own LTC-20 standard earlier in May.
Over a one-week horizon, cloudy weather with some sun ☀️ is predicted for Bitcoin and Binance Coin. This forecast can be translated into a slightly bearish market 🐻 with downside risk. The outlook is brighter for Ethereum and Ripple where a slightly bullish market 🐮 with upside potential is likely.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
LTC Storms Towards a Rebound ⚡️🌩️ Will BTC and BNB Follow Suit?The global crypto market faces cloudy weather with some sun in the next 24 hours ⛅️, as the failure to reach an agreement on the US debt ceiling weighs on the market sentiment. This translates into a slightly bearish market 🐻 with downside risk.
The weather is however stormy ⛈️ – signaling an imminent rebound – for Litecoin today. Litecoin has been subject to profit-taking 💰 after interest for this crypto asset soared following its release of its own LTC-20 standard earlier in May.
Over a one-week horizon, cloudy weather with some sun ☀️ is predicted for Bitcoin and Binance Coin. This forecast can be translated into a slightly bearish market 🐻 with downside risk. The outlook is brighter for Ethereum and Ripple where a slightly bullish market 🐮 with upside potential is likely.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
Litecoin #Intraday shortThe countertrend-risk deal.
The logic of the deal.
Sell from a strong area of $94, in this zone under the level passed large volumes, closed with a small pin bar. Sell from the current price or at the beginning of the movement and breakdown of 92.
I expect a correction after the growth, with targets 90, 88, 86.
Stop behind high or second stop above 96.
Support for the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
Two Possible Scenarios for LTCHi everyone! While the market is not stable and is in uncertainty, it is not advisable to trade. But let's consider one idea for LTC. The asset is moving within a large triangle, the price is responding well to its trend lines, as well as Fibonacci levels.
What can we expect?
The first option is a breakout of the descending boundary of the triangle and a touch of the Fibonacci level of 0.618. If the sentiment in the market is bullish by this time, we can expect the continuation of growth.
The second option is a breakout of the ascending line of the triangle and a drop in price to the nearest strong Fibonacci level of 0.236.
This is not a trading recommendation, everything you do, you do at your own risk.
LTC: Resistance BreakoutLitecoin (LTC) technical analysis:
Trade setup : Price bounced off of support trendline (blue line in chart) and 200-day moving average, and broke back above $90 resistance. Momentum turned bullish again (MACD crossover and RSI crossed above 50 centerline), and price could revisit $100-$105 resistance zone where it got rejected 3x. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high.
Trend : Uptrend on Short-Term basis, Downtrend on Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, which it broke, then $105.
LTC/USDT Technical Analysis: Halving Analysis Points to Bullish LTC/USDT Technical Analysis: Halving Analysis Points to Bullish Trends
In this technical analysis of LTC/USDT, we will delve into the current price movements of Litecoin (LTC) and its potential for short-term and long-term gains. We will also discuss the upcoming halving event and its impact on LTC's price action. Please note that this article is for informational purposes only and should not be considered as financial advice. Conduct thorough research before making any investment decisions.
Key Takeaways:
LTC has experienced a strong bounce from its support level of $75 and is currently trading at $91, marking a 140% increase from the bottom.
The bullish sentiment is reinforced by the anticipation of the upcoming halving event, which may drive LTC towards a $140 target, representing a 70% increase from the support level.
LTC is currently facing resistance at the $98 level, but it is expected to break through soon and soar towards the $130-$140 range, which would be an ideal exit point for short-term investors.
After reaching the resistance zone, LTC could undergo a significant correction, potentially retesting the $50-$60 range. This dip presents an excellent opportunity for long-term investors aiming for substantial gains.
Looking ahead, LTC's long-term targets are projected at $300, $500, and $700, indicating its potential for significant growth during the next bull run.
Analysis:
LTC's recent performance suggests a bullish trend, supported by its strong rebound from the $75 support level. This positive momentum can be attributed to the forthcoming halving event, which is expected to enhance LTC's value proposition. With the price currently at $91, there is a possibility of a 70% surge towards the $140 target before the halving.
Nevertheless, LTC faces a resistance level at $98, but market sentiment suggests a breakthrough is imminent. Once this resistance is surpassed, LTC could embark on a bullish run, with the $130-$140 range serving as an optimal exit point for short-term investors.
However, it is important to note that after reaching the resistance zone, LTC may experience a significant downward correction. This anticipated dip could see LTC retesting the $50-$60 range, offering a favorable entry opportunity for long-term investors aiming for substantial gains during the next bull run.
Conclusion:
Based on technical analysis, LTC currently exhibits bullish tendencies, with the upcoming halving event serving as a catalyst for potential price increases. Short-term investors may consider exiting their positions in the $130-$140 range, while long-term investors can look to accumulate LTC during a potential dip around the $50-$60 range post-halving. With long-term targets projected at $300, $500, and $700, LTC presents an appealing investment opportunity during the anticipated bull run.
Disclaimer: This article does not constitute financial advice. Always conduct your own research and consult with a professional advisor before making investment decisions.
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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.