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LTCUSDT

LTCUSDTLTCUSDT LTC engulfed on the 8-hour chart and is already strongly returning towards the MM200, but before that it has the resistance imposed by the Keltner Channel at 77.13 2 85.94.MACD and positive RSI, show a probable trend reversal. Despite the current market turmoil , the network's latest update confirms that it has maintained its transaction consistency on BitPay. The Litecoin network had the second highest number of transactions in the last six months, second only to the Bitcoin network. In February it controlled 23.71% of all transactions on BitPay. Follow the supports and resistances in the 1H team Brackets: 67.65 / 66.97 Resistances: 68.75 / 69.02 NQ1 opened very volatile, watch out for today's trades! Low leverage please!!
Long
by ferulianov
LTC: Oversold at SupportLitecoin (LTC) technical analysis: Trade setup : Following a Bearish breakout from Channel Up pattern, price broke below $80 and $70 support, and below 200-day MA, reversing trends. It is very oversold now (RSI ~ 20) and could bounce up near-term. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $70, which it broke, then $60. The nearest Resistance Zone is $80 (previous support), then $90.
Long
by altFINS
#Litecoin Drops 40% As LTC Sellers Aim For $60Past Performance of Litecoin Litecoin is down roughly 40% from February highs, looking at the arrangement in the daily chart. The trend is established, and the path of least resistance is southwards. Bears have been resilient, following losses below $90 in early March, aggressively dumping on every pullback. #Litecoin Technical Analysis The immediate trend is bearish, and sellers are pressing on the liquidation pedal at the driving seat. At this pace, not only can LTC bears reverse gains of the better part of Q1 2023, but if the momentum is strong, the coin might drop to retest December lows at around $60. As it is, the March 8 bear bar is wide-ranging, with rising volumes, meaning the momentum is high. Traders can liquidate on every attempt higher below $90 setting sights on $60 in the near term. What to Expect from #LTC? Unless otherwise there is a counter bar with equally rising volumes rewinding yesterday's losses, the downtrend remains. Therefore, sellers may search for entries to liquidate with targets at crucial support lines in the short term. Resistance level to watch out for: $90 Support level to watch out for: $60 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
🚀 LTC IS CRAZY!Locally, the coin is under a downtrend (red descending line). In case of breakdown of this line, we will see a hike to the level of $88. $88-93 are key resistances. Pay attention to what volumes are concentrated at these levels. I highlighted the supports with orange lines. We will observe the reaction at these levels. I will go long from these levels with a small volume (I will reduce the risk, since in general we have a lot of limits set now). Usually, Litecoin skillfully works out breakdowns of dynamic lines. Let's see what happens this time.
by ilyasolloway
8
LTC/USDT 1DInterval Resistance and SupportI 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 uptrend channel from which the price came down. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $83, where the price is currently located, the second support is at $77, the third support is at $70, and then we have the fourth support at $60. Looking the other way, we see first resistance at $88 to $91, then second resistance at $94 to $97, then support at $100, then support at $105. Please look at the CHOP index, which indicates that there is some energy left for further movement, the MACD indicates that we are moving in a downtrend, while the RSI has a rebound and we are approaching the lower limit of the range.
by cryptodailyuk
[2023-03-07] [BYBIT:LTCUSDT] [LONG]Practice good risk management! Anything can happen. In order to make money, it is not necessary to know what will happen in the next moment in time. For any given set of variables that define competitive advantage, there is a random distribution of failures and successes. Competitive advantage is nothing more than an expression of a higher probability of the course of events developing in a certain way. Every moment of the market is unique in its own way. You alone are responsible for your trading – both gains and losses. Good luck and happy trading!
Long
by n1d0
Whether or not the price defense will be successful is the keyHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The key is whether the price can sustain the price by rising above the HA-High indicator on the 1W chart. ----------------------------------------- (LTCUSDT 1D chart) You need to make sure you are supported and able to ascend near 85.91, the lower point of the ascent channel. If not, you should check for support around 74.32-81.33. As long as it does not fall below the long-term downtrend line (1), we expect it to continue its uptrend. In order to continue the full-fledged upward trend, it is expected that it will start when it rises above 89.95-100.50. Looking at the 'Vol & Trend' indicator, it shows that the selling force is increasing while the trading volume is showing sideways. Therefore, I think it is important to have support around 85.91. If the selling force continues to rise, there is a possibility that it will fall out of support around 85.91, but for now, we can see that the price is well defended. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ---------------------------------
by readCrypto
2
Litecoin to extend losses?Litecoin - 24h expiry - We look to Sell a break of 85.77 (stop at 88.27) Short term momentum is bearish. There is no indication that the selloff is coming to an end. A break of the recent low at 85.93 should result in a further move lower. Short term bias has turned negative. The trend of higher intraday lows has also been broken. Our profit targets will be 79.77 and 78.77 Resistance: 89.11 / 90.00 / 91.50 Support: 87.50 / 85.93 / 83.50 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.
VANTAGE:LTCUSDShort
by VantageMarkets
LTC/USDT 4HInterval Resistance and SupportI invite you to review the LTC chart on the four-hour interval. As we can see, the price has moved out of the local downtrend channel, which we used to determine the blue lines. Now let's move on to marking the price support points and we see that we first have a support zone from $92 to $90, but if the price goes lower, we have another support at $88.30, then at $86.35 and another support at $83.80 $. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that we are currently below the first resistance zone from $94 to $97, when we manage to break it we have the second resistance zone from $99 to $101. Next we have a strong resistance at $103.82 and the next one at $107.57. The CHOP index indicates that most of the energy has been used, the MACD indicates that the uptrend is maintained, while the RSI indicates that we are moving around the middle of the range, which makes it difficult to indicate the direction of the price.
by cryptodailyuk
LONG LTCUSDT (4H)The ELLIPSE trading strategy has generated a long signal (4H timeframe) for Litecoin (LTC) at $77.51. The price has recently broken through the monthly pivot (P) level (denoted by the orange line) and has subsequently seen both the price and lagging line on the daily chart break out of the Ichimoku cloud (as evidenced by the green background on the 4-hour chart). The first significant resistance level encountered was the yearly pivot (P) at $88 (indicated by the black line). The price has been hovering around this level for approximately 2 weeks. Today, the price has broken through this level with high volume, indicating that the trend is likely to continue with the next major resistance level being the yearly resistance (R1) at around $135. Keep in mind that there may be additional resistance around monthly R3 ($107), R4 ($118) and R5 ($129). Additionally, the alignment of all 9, 21, 50, 100 and 200 exponential moving averages suggests a bullish trend. Note that the halving of the block reward is scheduled to occur around August this year, which has historically led to a bullish momentum.
Long
by Cryptonerds
1
Support of buyersAfter the support of Litecoin buyers completely broke the resistance of the $85-$91.5 range and turned this level into support, the correction and pullback to this support brought positive reactions. The buying pressure continued up to the resistance range of $150.60 to $108.4, and by closely touching this range, we saw a negative reaction and profit savings by short-term buyers. The continuation of the LTC trend can be considered between the specified levels. The range that has been formed is expected to continue until the market is in favorable conditions again. In general, until the current support is not broken, the price trend will not be downward in the short term and in the 4-hour timeframe. But if the 4-hour time trend is down, the price reduction can continue up to the support range of $69.90 to $73.30.
by MonoCoinSignal
2
Will Litecoin find support at current levels?Litecoin - 24h expiry - We look to Buy at 90.01 (stop at 87.81) Daily signals are bullish. The sequence for trading is higher highs and lows. The previous swing low is located at 87.98. Preferred trade is to buy on dips. 50 1day EMA is at 90.08. Bespoke support is located at 90. Our profit targets will be 95.51 and 96.51 Resistance: 95.00 / 97.50 / 100.00 Support: 93.50 / 92.00 / 90.00 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.
VANTAGE:LTCUSDLong
by VantageMarkets
2