Can LTC reach $100 this year?We see here the weekly chart of LTC (Litecoin)
It is highly possible that LTC will hit $100 this year!
What do you think?
LTCUSDT
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.
CRYPTO MARKET UPDATE!!! HIGHER UP WE GO! Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
LTCUSDT BEARISH DIV is gonna be formed soon and it would good potential for short set up tomorrow after confirmation of the 0.386 FIBO level , it is not financial advice BINANCE:LTCUSDT
I reckon fundamental is over for now
#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.
Like and follow if you liked my idea!
Legit trend reversalLitcoin is having a stealth trend reversal right in the midst of FTX shenanigans.
Buying here would be a low risk high return trade.
###NOT FINANCIAL ADVICE###
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 :
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the LTCUSDT chart, taking into account the one-day interval, we can see that the price does not record large drops despite the low stability of BTC. The yellow lines mark the uptrend channel.
Looking at the support levels, we can define several levels, first we can define support at $59, then $55, $52, $49, and $45.
Looking the other way, we see first resistance at $63, second at $67, third at $72, and fourth at $88.
Please pay attention to the CHOP index, which indicates that we are gaining more and more energy, the MACD indicator indicates an uptrend, but the volume, although not large, indicates the advantage of sellers.
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.
Litecoin shortLitecoin bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 47.5 is expected to happen.
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.
$LTCUSDT UPDATE!!!!Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
I have Long Position LTCUSDTI am using fib retracment and parallel trend
Long position at 63.8 cross fib .618 trend line
Tp at 67.66
Sl at 61
RR 1.4
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.
LTCUSDTLTCUSDT is experiencing a Reverse-Head & Shoulders Pattern, with such a continuation, it is possible that it will also draw a Double Bottom further enhancing the bullish pattern.
LTC technical analysisPrice had previously moved up from a 6h demand zone and left another 2h demand zone around $56. I expect price to mitigate this demand zone then continue moving up from there.
LTC/USDTwaiting for CHoCH on 5-15m tf and open long , follow the risk management and don't forget to put stop loss
LTCUSDT asceding triangleAs you may see from the chart we are looking at a possible ascending triangle.
The ascending triangle is usually a bullish chart pattern.
Where should we put take-profit after breakout? A **profit target** is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.
In this case, if you don't want to miss a breakout you can make a risky limit order of around 64.79$ with SL under the pattern so around 57.54$
Litecoin shortLitecoin bounced off the descending trendline. Asset bounced off the resistance level. Bearish movement to support level at 53.3 is possible.
