LTC/USDT 1DAY UPDATE !!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) also moved higher in today’s session, with price climbing by as much as 7%.
Following a low of 81.75 on Sunday, LTC/USD raced to an intraday high of 87.54 earlier in the day.
This jump resulted in the token reaching its highest point since March 6, which is the last time LTC was trading close to the 90.00 mark.
a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken.
price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00.
There is a strong possibility that litcoin could move above 90.00 in the coming days.
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LTCUSDT
LTC: Approaching SupportLitecoin (LTC) technical analysis:
Trade setup : Price got rejected again (3x) at $100-$105 resistance zone and pulled back to $80 support and 200-day moving average. So far it appears to be holding that level and could swing back up to $100 again. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, then $105.
LTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower (im in pos from 77.3,my stop in breakeven but if i get stop i will reopen,until we above 65 main targets 120-130 is relevant)
Targets: 105 - 115 - 125
after first target reached move ur stop to breakeven
Stop: ~66 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
LTCUSDT road to 100Hello everyone. Today we will look at the global picture of LTCUSDT. On the daily timeframe, the coin looks very good. So he wants to break through the level of 100. At the moment, the price is bouncing off a strong trend line, which has been holding the price for almost six months. The target is at least up to our resistance level.
LTC/USDT 4HInterval in correctionI invite you to review the LTC chart in pair to USDT, so on the four-hour interval, we will mark the downtrend channel in which the price is moving with blue lines, but here we can observe that during today's review we are witnessing a strong market rebound.
Moving on, we can move on to marking the support areas when the initiated correction begins to deepen. And here, the first support that is currently holding the price is at $77.61, the second support is at $74.9, the third support is at $72.71, and we still have support at $70.46.
Looking the other way, we see that we need to go through a big strong resistance zone from $79 to $83 first, then we have resistance at $85.17 and then move towards $91.41.
Please look at the CHOP index, which indicates that a lot of energy has been collected, MACD indicates that despite the correction, we maintain a local uptrend, while the RSI after today's increase is a strong rebound.
Litecoin to stall at previous support?Litecoin - 24h expiry
Previous support at 84.00 now becomes resistance.
We look for a temporary move higher.
Our short term bias remains negative.
50 4hour EMA is at 84.33.
We are trading at oversold extremes.
We look to Sell at 84.23 (stop at 87.23)
Our profit targets will be 77.23 and 75.23
Resistance: 80.00 / 82.00 / 84.00
Support: 76.60 / 75.20 / 74.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
LTC ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LTC/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the LTC chart this time on a four-hour interval. As we can see, the price has left the uptrend line at the bottom, while locally we are moving in a triangle in which the price is approaching a direction.
We can also see that the price is just below the EMA Cross 200 blue line, which confirms the downtrend, however we are struggling to get back above this level.
Now let's move on to marking the price support points and we see that we first have support at $87.93, but if the price goes lower, we have another support at $83.12, then $78.45 and another support at a price of $71.37.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the resistance at $93.19, then we have the resistance at $38.9, the third very strong resistance at the price of 103.38, and the fourth resistance at the price of $107.93.
The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates the maintenance of the local uptrend, while the RSI, despite small price movements, has returned to the upper part of the range, which may negatively affect the price in the short term.
#Litecoin Down 14%, LTC In A $10 RangePast Performance of Litecoin
Litecoin prices are higher when writing but remain under pressure. As an illustration, the coin is within the bear bar of April 26, and trading volumes are low. At the same time, prices are anchored by the bear bar of April 19 that continues to shape the current formation. Support lies at around HKEX:85 while resistance is at HKEX:95 , or April 16 highs.
#Litecoin Technical Analysis
Sellers are in charge of a 54% surge from mid-March 2023. For now, LTC is down 14% from April peaks, and more could be on the horizon. Notably, the coin is in range inside a tight HKEX:10 zone. Because of this, price action suggests that sellers are in control, provided prices are below $95. Meanwhile, a clean breakout below HKEX:85 will confirm losses of April 19. The emerging trend would shape the short-term trend as LTC would likely flash crash to HKEX:70 in a retest.
What to Expect from #LTC?
The present consolidation validates the downtrend since buyers are yet to reverse losses of the second half of April. As prices move sideways, the odds of the coin dipping below HKEX:85 is amplified.
Resistance level to watch out for: HKEX:95
Support level to watch out for: HKEX:85
Disclaimer: Opinions expressed are not investment advice. Do your research.
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 down for a second straight session on Monday, as markets prepared for the upcoming United States Federal Reserve policy decision.
LTC/USD dropped to a low of 86.83 earlier in today’s session, which comes 24 hours after trading at a high of 91.39.
Today’s drop in price has pushed litecoin to its weakest point since last Wednesday when the token was at a low of 84.21.
Looking at the chart, Monday’s move came as the relative strength index (RSI) fell to a support level of 44.00.
At the time of writing, the index is tracking at 44.80, with an upcoming ceiling of 50.00 a potential target for bulls.
Should this point be hit, there is a strong possibility that LTC will move back above the 90.00 mark.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Litecoin to breakdown?Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98)
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
83.78 has been pivotal.
A break of the recent low at 83.78 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 75.98 and 74.88
Resistance: 87.30 / 88.60 / 90.50
Support: 85.80 / 83.70 / 81.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Will Litecoin LTC price start new wave of cryptocurrency growth?It seems to us that the LTCUSDT price is consolidating before a strong upward momentum. The upside potential is +60%, and if we are lucky, it will be +100%.
In general, today's idea fits into the concept of the idea from 2 months ago, where we recommended buying Litecoin no earlier than 65-73$
Last night, when the BTCUSDT price updated its local low, the LTCUSD price did not. This may indicate that buyers still intend to break through the downtrend purple line, which has been in place since May 2021.
A breakout of the trend line upwards can trigger a powerful impulse movement.
Our first target is 130-135$.
If the growth is very rapid and the price of LTC is able to gain a foothold above 135$, then we can expect to reach $170-180
In general, the price movement of LTCUSDT is quite predictable on large time frames. And as we wrote in our research idea, historically, LTC price growth peaks 42 days before "the halving".
So, if we believe what the LTC price has shown in the past, the peak price could come around 13.06
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LTC cup and handle pattern1D chart:
The H&S did not stop falling after falling to the target price of 73.99, and the lowest price reached 64.98. After the LTC stopped falling, it formed a bottom and broke through the neckline price of 88.26, showing an ascending triangle pattern.
Pay attention to the target price above:
99.90
102.65
111.54
117.13
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4 hr chart cup-and-handle pattern:
After breaking through the neckline at 88.26, the price tested around 95.86 twice. The first step back to 85.53 was effectively supported, the second step back to the Fibonacci sequence of 0.382 (89.48), and then broke through the neckline 95.86, and the cup-handle was established.
Follow the goals above:
99.81
101.03
102.24
106.19
108.67
Stop loss: 88.88
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Daily charts operate with spot or low leverage.
The 4 hr cup-and-handle pattern can be operated with a higher leverage to expand profit margins.
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✅LTC is about To do a Bullish movement!
⭐LTC Is in a Cup & Handle Pattern. The Pattern has Not Been Completed yet but It will be Completed Soon! If our Expectations Come True & The Break out Needed for Ascending Further Happens, . we just Have To Be Patient for Break out To Happen.
🤑Stay awesome my friend
Thank you for seeing idea .
Have a nice day and Good luck
LTC/USDTNYSE:LTC
we have an ascending broadening wedge pattern! which is a bearish pattern, but does not mean it will always breakdown, but instead we can use it as a guideline for support and resistance levels.
Inside of the ascending broadening wedge pattern what we have is a symmetrical triangle, you can see the blue dotted lines is support level which must hold if it doese not hold then the green line would be a great buy level, personally as long as btc stays above FWB:25K I do not see us breaking down to that level, so a good trade could be entering the blue dotted line and waiting for a breakout which can be within 38 days because we are starting to compress inside of the symmetrical triangle.
GL