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LTCUSDT

Litecoin forecast in next few days!#LTCUSDT After a 5 waves of Elliot we can see the other pack has been created and it’s almost completed the 4th wave. To calculate the PRZ of wave IV we have Extension wave 4 in 161.8 fib and Expansion level of 100 of fib. In the other hand we can see the PRZ overlap with the PRZ of a Shark Harmonic Pattern in here. In order to make a decision, I’ll be waiting until the Pivot 4 hr has been broken down and the direction of trend become downward to execute the trade. My target is 52.99 and 47.12 as a main support area of the coin.
Short
by Daragolbon
1
#Litecoin in a Bullish Breakout Formation, Will $65 Hold?Past Performance of Litecoin Litecoin is relatively solid when writing. Despite the contraction after what promised to be a welcomed reversal after months of lower lows, there could still be hope for bulls. At spot rates, LTC price action could be completing a retest after springing 60 percent from June 2022 lows. #Litecoin Technical Analysis The bullish breakout above August highs (now support) at $65 in late November 2022 is valid. LTC more than doubled from November lows, peaking at $85 in early December before contracting to $65. This line flashes with August 2022 highs. Accordingly, LTC has completed the second phase of a breakout. If LTC bulls hold above $65, prices may rally back to $85 in a bullish continuation formation. Before then, traders can place triggers at around $70 before redoubling the accumulation. Conversely, losses below $60 invalidate this forecast. What to Expect from #LTC? Litecoin prices are trending at a critical level. A valid retest from $65 means LTC must expand above $70, confirming gains on December 20. If not, losses below this week's lows will cancel the bullish preview. Resistance level to watch out for: $70 Support level to watch out for: $60 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
2
LTC: Pullback in UptrendLitecoin (LTC) technical analysis: Trade setup : Bearish RSI divergence signaled that price could not hold above $75 key level and pulled back near $60 support and 200-day MA, which could be a swing entry opportunity. Price remains in an Uptrend. Pattern : Bearish RSI divergence occurs when a coin makes a new high in price but the RSI does not make a corresponding new high value. In other words, a bearish divergence forms when a coin price records a higher high and RSI forms a lower high. RSI does not confirm the new high and this shows weakening momentum. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $60 (previous resistance), then $50. The nearest Resistance Zone is $75, then $100.
Long
by altFINS
1
LTCUSDT 1D Interval - Resistance and SupportI invite you to review the LTC to USDT chart on the 4H time frame. At the beginning, let's mark the uptrend channel in which the LTC is moving, but what we can see locally is below the downtrend line. As we can see the first support is at $61.91, if the support is broken then the next support is at $55.69 and $47.60. Looking the other way, we see that the first resistance is at $67.14, if it manages to break out, the second resistance is at $70.54 and $73.33, then the price has to go through the strong resistance zone from $76.10 to $80.09, only when the price breaks out and tests it positively, it will be able to continue growing. As we can see, the volume indicates a definite advantage on the part of the sellers, what's more, on the CHOP index we see that there is a lot of energy, adding to this the RSI indicator, which shows a small rebound, we can see a deepening of the correction around the lower part of the channel.
by cryptodailyuk
LTC: Pullback in UptrendLitecoin (LTC) technical analysis: Trade setup : Bearish RSI divergence made us cautious and indeed price could not hold above $75 key level. Price remains in an Uptrend and pullback near $60 support and 200-day MA could be a swing entry opportunity. Pattern : Bearish RSI divergence occurs when a coin makes a new high in price but the RSI does not make a corresponding new high value. In other words, a bearish divergence forms when a coin price records a higher high and RSI forms a lower high. RSI does not confirm the new high and this shows weakening momentum. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and 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 $60 (previous resistance), then $50. The nearest Resistance Zone is $75, then $100.
Long
by altFINS
2
💲Litecoin Declines To Strong Support Zone💲💲Litecoin Declines To Strong Support Zone 💲Litecoin has been falling quite rapidly in recent days. 💲All thanks to the correction that is taking place on the main US S&P500 index 💲The entire crypto market has taken a hit along with this decline. 💲It looks like Litecoin still has some strength left to fall. 💲Ahead of us near the $57 price level is the 0.618 fibo level of the entire upward wave from the bottom to the current peak. 💲I have set a support zone there, which I expect to be captured over the next few days. 💲The scenario I'm playing out is a continuation of the decline to the support zone where I'll be watching closely to see how the price will react, waiting for the next upward wave. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
13
The Silver Narrative Goblin Capital presents you another OG coin that is about to rip. The 'Goblin Algoritme' indicates that OG coins are about to pump into oblivion. In addition, I expect the ancient narrative (Bitcoin = Gold, Litecoin = Silver) to pick up soon. If you look at historic price action (PA), accelerations basically go vertical with not much time to hop on the train. Therefore, I don't mind being in a little too early. What matters to me is that I am in. Soon (our) Goblin Capital fund will go live on Iconomi. Stay tun ed!
Long
by Goblin777k
13
LTCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower (im in pos from 63.1) Target zone: 80-85 and 90-100 after first target reached move ur stop to breakeven Stop: ~48 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 2.5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
18
LTC Litecoin bullflag 100 USD ?Above is my analysis on LTC or Litecoin Crypto market has been downward trending except for this coin Litecoin it has been showing strength this is because the Litecoin Halvening is coming in end July 2023 which is just 7 months from today. LTC has been forming a clear bull flag which the target of the pole leads to prices above 100 usd there is also a 0.382 fib bounce off the move from 48 usd to 85 usd therefore the bulls are showing strength for this coin and ofcourse people will buy ltc in anticipation of the halvening pump cus in 2018 the dec to 2019 june pump for ltc was 6x or 600%
Long
by nadishobeye
2