LTCUSDT
LTCUSDT Forming Flag Pattern!!LTCUSDT (4h Chart) Technical analysis
LTCUSDT (4h Chart) Currently trading at $76.4
Buy level: Buy after breakout
Stop loss: Below $70
TP1: $79
TP2: $84
TP3: $90
TP4: $100
Max Leverage 3x
Always keep Stop loss
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LTCUSDT Bullish setupHello trader!
Welcome back to another episode with Analyst Aadil1000x and we are back with a new way of trading.
This is a trade of LTCUSDT and in this trade we will take buy entry at psychological round number.
The main reason to buy LTC is because it's above 200 D1 moving average indicator which shows it's trending bullish and we will only take buy entries from psychological round numbers.
The first buy entry is at 70.60, looks like we missed it but we are setting buy limit and wait for the entry.
In case if market moves down then we will buy again with 50% more size than the entry 1 at 60.6 and we will close the trade at 69.40 and we will also close the first entry at 69.40
To learn more you can view the education post of this strategy and you can ask questions related to this.
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Buyers' support!LTC has recorded a gain of over 30% in the last 24 hours. Its price, which had taken an upward trend in the 4-hour time frame, did not react to its daily time resistance in the range of 70-75 dollars. Also, with buyers' support, LTC could return to the level of $75 after six months. This could be a sign of an uptrend in the daily time frame. But note that in the weekly time, the price is still inside the long-term descending channel, and the ceiling of this channel in the range of $82-90 can be accompanied by a reaction. Therefore, the probability of the price entering a range area between the two levels specified on the above chart is high. By breaking the resistance, we can expect a definite reversal of the trend in the daily time frame.
#LTC breakout this bullish flag pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
LTC/USDT
LTC broke the bullish flag pattern
The price broke through the resistance line, which has now become a support line.
I am going long on LTC at CMP with SL $75.20
This is not financial advice (DYOR)
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
LTCUSDT 1D Interval - Resistance and SupportHello everyone, let's look at the LTC to USDT chart on a one-day interval. As you can see, the price is moving within the uptrend channel which we have marked with the yellow lines.
Let's start with the support line and as you can see the first support in the coming days is $73.93, if the support is broken then the next support is $70.87, $67.94 and $63.60.
Now let's go from the resistance line, as you can see the first resistance is $82.15, if you manage to break it, the next resistance will be $87.31, $91.59 and $95.90.
Looking at the CHOP indicator, we see that most of the energy has been used on the one-day interval, the MACD indicator indicates an uptrend, while because of the large volume of buyers, we now have two red candles that are much smaller.
LTC Invalidate and see, Elliott wave. Here is just one of my bearish interpretation. Most would still point down. IF the price crosses $92, I would say the proposed impulse down would be invalidated. I wouldn't be sold on ATH coming soon just yet, though. I think that there is a possibility that this is just a W4 until that line is crossed. Furthermore, I am still looking at longs as well, a bearish chart does not make me a bear. If this move is a motive off of the low, Ideally holding $73 would keep this a W4 on the 1hr. 64.90 is where the impulse up invalidates. If you have found this inspiring/helpful, please consider a boost and follow! Also, check out the links in my signature to get to know me better! Cheers!
Litecoin Goes Bullish, Aims At $101... What About Bitcoin?Litecoin (LTCUSDT) has gone bullish and is now aiming at $101 based on the Fib. extension tool.
First, we can see that the 9-November low is a higher low compared to 14-June.
After this higher low, we had a retest of MA200 and then boom, a strong bullish breakout supported by high volume.
The high volume confirms this move as real.
What does this means for Bitcoin (BTCUSD)?
While we know for certain that the cryptocurrency market moves together, Bitcoin, Ethereum and the rest are not matching Litecoin's chart.
We can see some detachement between these major cryptocurrencies.
While Litecoin printed a higher low through the November drop, Bitcoin printed a lower low.
The higher low is a bullish signal and here it has been confirmed while the lower low is a bearish signal.
Seeing this type of bullish action, we reach mainly to conclusions:
1) Bitcoin and Ethereum will follow Litecoin and produce a very strong bullish breakout soon.
2) Litecoin can detach and do a Dogecoin and go ahead of the pack.
I will go with the firts one.
Bitcoin and Ethereum will follow...
What's you do you think will happen?
Share with us in the comments section below.
Namaste.
#Litecoin surge 68% from 2022 Lows; LTC Target $100Past Performance of Litecoin
On November 22, Litecoin surged 22 percent, reversing losses of November 8 and 9 and swinging price action in favor of buyers. At spot rates, LTC bulls are building on yesterday’s impressive gains, surging 68 percent from November 2022 lows as the coin erupts to post new Q4 2022 highs.
#Litecoin Technical Analysis
In the daily chart, LTC is within a bullish breakout formation above $73 and November 2022 highs. As it is, buyers are back in contention. Subsequently, every low can offer entry for buyers to double down, expecting gains toward $100,which coincides with Q1 2022 lows. Presently, the spike in trading volumes and trade range is refreshing for LTC that appears to be bottoming up after 12 months of momentum-breaking lower lows.
What to Expect from #LTC?
Buyers are confident as LTC gains lead the market recovery. Technically, the bullish engulfing bar of November 22 is shaping the short to medium-term trajectory. With prices decisively breaking out above November high, LTC may surge to Q1 2022 territory.
Resistance level to watch out for: $100
Support level to watch out for: $73
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTC/USD - Litecoin UNCHAINED. The new market leader! 🚀Litecoin is the current market leader. Forget about Bitcoin or Ethereum, they are lagging behind.
There's a new kid on the block and it's kicking ass. SINCE 2011!!!
Litecoin has done what no other coin did this past week... a BREAKOUT!
HOLY CRAP. This is important.
I hear rumors that LTC and similar proof of work coins may get some positive regulation on them following the endless proof of stake scams that keep coming.
This is excellent news for BTC, LTC, VTC, Doge and other coins you actually have to mine and not print from thin air... like SOLANA or FTT. LOL
The price action is bullish and if you fancy getting some juicy LTC, then have buy orders at the re-test level of this breakout, around $74.
If the retest is successful, then LTC's next target will be just under $100... JUICY.
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Why LTCUSDT Can Increase Another +50% 📈Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Unlike most of the cryptocurrency market, here's an altcoin that has been bullish over the last two weeks; Litecoin / LTCUSDT. IF we can CLOSE a weekly candle above the next immediate resistance zone around $75, $100 becomes a highly realistic target. It is though, important to see how the price will react at the resistance zone before entering the trade.
Since you're here 👀 Here's my outlook on BTC :
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