Litecoin | Not Ready, Not YetWe have a strong rejection on the 7th November for Litecoin (LTCUSD) and we are currently seeing a continuation of this move...
Litecoin together with the rest of crypto/Bitcoin, is not yet ready; Wait for the bottom.
We can see a lower high 20-Nov. compared to 7-Nov. and today a break below EMA10.
This tells us that lower support levels are likely to be tested in the coming days.
We will give you the charts once the bottom is in, so that you can take advatange of maximum potential and long-term growth/gains but Litecoin is not ready yet.
The support levels are marked on the chart.
Thank you for reading.
Thanks a lot for your support.
Namaste.
LTCUSDT
Litecoin Short, Ascending Wedge Breakdown, TSI Crossover, CCGood Evening TradingView Community. LTC BYBIT:LTCUSDT.P has broken down from its ascending wedge . While breaking its ascending wedge it has also broken
a key fibonacci level (.5) Along with other possible news regarding DCG and Genesis I believe this is a perfect opprotunity to capitalize
on the current market sentiment and be greedy while others are fearful and bearish . Along with TSI crossing, and CCI bearish divergence.
I have opened a position at 60.20
Stop loss is above $62
Take Profit 2: $57.91
Take Proft 3: $57.07
Take Profit 4: $55.5
If you liked my analysis on Litecoin/USDT please feel free to follow me here on trading view, I have just recently started posting but I plan to continue for a while, It is great to be able to share my ideas with an appreciative community.
LTC recorded good price growth during the last week!LTC recorded good price growth during the last week. The price of this currency, which was placed on an important support in the range of 55.6 to 57.4 dollars, continued to move up to the level of 65 dollars due to the strong return and renewed support of buyers. A reaction has been observed in this area. As you can see, in the daily time frame, the price trend is still in the range.
One of the rules of the range area is not to place the ceiling and floor of the price in a specific range. Therefore, according to the reaction that has been observed, there is a possibility that the price will decrease again towards the previous support. If we don't see selling pressure and close the 4-hour candle below the price of 61.6-61.2 dollars in the 4-hour period, there is a possibility of breaking the resistance and continuing the price growth to higher resistance levels in the range of 70 dollars. But if this support is broken, after the pullback to the range of $65, we expect the price to correct again and return to the price channel of $50.
The interesting thing about Litecoin is that if the daily candle closes above the $64.4-$66.2 range, we can expect the price direction to exit the range from above in the future, and the downward reversals are only pullbacks. It will be a long-term bullish wave. But if this does not happen, and on the other hand, the selling pressure in the market increases, the drop in the price of this currency can continue even up to the range of the price channel of 40-38 dollars, and fake break the previous bottom in the weekly time.
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Hello, welcome to this LTC/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Litecoin (LTC) was a notable gainer on Friday, as the token surged by as much as 8% in today’s session.
Following a low of $60.29 on Thursday, LTC/USD raced to an intraday high of $63.61 earlier in the day.
As a result of today’s rally, litecoin moved close to a key resistance level, hitting its highest point since last Friday in the process.
Looking at the chart, prices did not yet collide with the aforementioned ceiling of $64.00, which was last broken ten days ago.
This comes as the 14-day relative strength index (RSI) hit a key resistance level of 57.00, leading earlier bulls to abandon their positions.
As of writing, LTC is now tracking at $62.77.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
LTCUSD Intraday TechnicalsLitecoin is trading above $59 level in the intraday chart.
Between $59 and $69 is a choppy range area and we need a momentum from Litecoin to move up.
I expect more volatility from the US market opening and will be interested in Litecoin price action in this range area.
I will consider the following scenarios.
Scenario 1. A re-test and rejection of $59 with a strong price action will make Litecoin more bullish, however below $69 is a choppy range area.
Scenario 2. Below $50, Litecoin is bearish and will move towards $34-$44 area.
Scenario 3. A deep below and a strong rejection of $59 with momentum will make Litecoin bearish towards $34-$44 area, however above $50 is a choppy range area.
LTCUSD Daily Chart Technicals: LTCUSD spiked up yesterday and closed with a solid bullish candle.
Litecoin tested the main CRYPTOLEAN resistance of $65 and closed below it yesterday.
We need to move up above this level for Litecoin to become bullish and for that Bitcoin has to show some strength too.
Above $65, the next resistance for LTCUSD is $71.
A failure to break $65 will result in Litecoin going back to $61.
Litecoin is only bullish above $65.
LTCUSD is trading as a doji candle so far.
LTCUSDT asceding triangleAs you may see from the chart we are looking at a possible ascending triangle.
The ascending triangle is usually a bullish chart pattern.
Where should we put take-profit after breakout? A **profit target** is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.
In this case, if you don't want to miss a breakout you can make a risky limit order of around 64.79$ with SL under the pattern so around 57.54$
LTCUSDT/GOOD NEWS FOR HOLDERS!Hi guys
As you can see , in the weekly chart, the price has broken it's strong support , which we marked with the blue line.
Why strong support? We determined the number of collisions.
Red line :it's the last support , and approaching it is a good signal for long-term investment.
good luck
LTC/BTC Ready for Another -70% Fall ..?#LTC/BTC Technical Analysis:-
#Litecoin Is currently trading around 0.0036 BTC level.
As Per chart Big Resistance Level is 0.0044 BTC
If Break 0.0044 BTC level then I am expecting Big Move upward side but IMO not break and It will test again New Low’s.
So Be ready for Both Scenario and Never open any trade Blindly.
I am Fully Prepared for Next Bull Market and Working hard for you also.
I want Next Bull run you all wealth 10x-50x
Now Coming to The chart…
If Rejected from 0.0044 BT.LC Level resistance then I am expecting it will test 0.0025 BTC ( Which is approx -38% from Rejection level.
And Also Expecting more down fall if break 0.0025 Level then It will test 0.0012 Level in Few Months. ( -70% from Current Level )
So Guys Trade with Mind not FOMO
Support:- 0.0025/0.0012 BTC
Resistance:- 0.0044 BTC
Please Like and Appreciate ❤️❤️❤️
Litecoin LTC Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Litecoin LTC, which is overvalued.
LTC/USDT short
Entry Range: $68 - 70
Price Target 1: $65
Price Target 2: $62
Price Target 3: $56
Stop Loss: $83
#LTC: POSSIBLE SCENARIOS!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#LTC
LTC breakout this descending triangle pattern which is a bearish pattern currently we are on the support of 63$.
here we have two possibility
First Possibility
If LTC did a daily close above 63.8$ then
we will accumulate LTC between 63$ to 64$
with SL 60$
Second possibility
If LTC did a daily close below 63.8$ then
we will accumulate LTC between 584$ to $59
with SL 54.5$
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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Thank you