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LTCUSDT

LTC - Global and local trend🦈Hello! Today, we'll discuss a trading idea for 👨‍🦳#LTC from the #CryptoTop #Liquidity group. Before we begin, let's understand the global and local structure, determine the price direction, and identify the entry point. Let's dive into the analysis!🦈 ⏺On the global chart, long-term trading is marked in pink. ⏺Local trading is marked in blue. ⏺The trading scenario is marked in yellow. ⏺Global analysis (): ⏺The global resistance level is at $400, and the support level is at $33. The channel step is 1151%. ⏺The asset is in the accumulation phase, with important levels at $105 (accumulation resistance since 2022) and $50 (support), with a channel step of 111%. ⏺❗️It's important to note that a triangle pattern is forming on the chart, similar to the one formed in 2018-2020. This is confirmed by the numbers 1 and 2 on the chart, as well as the increasing lows 3 and 4, indicating price growth and aggressive accumulation. ⏺Local analysis (): ⏺Two descending trend lines are drawn on the local chart. A square marks a fractal-like pattern before the price rise in 2021, with the difference that the asset's price has already broken the descending trend line and retested it. ⏺A possible scenario remains a decline to the $50 level or consolidation at the support of the global ascending trend line and a rise to the resistance of the descending trend line at +161%. ⏺Trading scenario (): ⏺On the daily timeframe chart, the $93.40 level is crucial, as the asset's price impulsively dropped to the local descending trend line upon breaking it and did not retest it. ⏺📈The $72 level has also been confirmed as support for this channel with a 60% step. The asset's movement is considered a global ascending trend, and the trading scenario will be active upon the price returning to support ($72) and breaking the local descending trend line. The local potential is 60%, and upon breaking the $105 level, a 60% move to the global descending trend line is possible. 📈If the asset's price does not reach the $72 mark and approaches the trend line, I will consider trading on the trend line breakout.
COINBASE:LTCUSD
by SHARK1318
2
💎 LITECOIN (LTC) - New Investment Opportunities ! LONG ? With the new review of the #Litecoin chart after a long time, we see that the price is trading in the demand range of $80 and I expect it to start its strong growth soon from this range! The targets of this cryptocurrency are $92.5, $115, $200 and $268 respectively! The expected yield in the long term is something around 200%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
5
LTC/USDT 1DInterval ChartHello everyone, let's take a look at the LTC to USDT chart on a one-day time frame. As you can see, the price had a dynamic decline and a temporary descent below the upward trend line, but has now returned to the trend line level. Let's start by determining the support line and as you can see, the price dropped and quickly returned to support around the level of $77.74, then there is an important support level at $68, and then a very strong support level at $56. Looking the other way, you can see how strong the resistance level is again at $92.5, which may stop the price from rising again to the resistance zone from $102.5 to $115. Looking at the RSI indicator, we can see how we remain in a downward trend and the confirmation of a return to the downward trend, while the STOCH indicator bounced off the lower end of the range with room to give a greater increase in the current price rebound.
by cryptodailyuk
Litecoin LTC price is preparing a surprise for us?)Today, let's talk about Litecoin. Once upon a time, CRYPTOCAP:LTC was called "silver" of course after CRYPTOCAP:BTC "gold", and gave more hope and prospects for CRYPTOCAP:LTC than CRYPTOCAP:ETH at about the same then price of $6-9 per coin :) Now the "conspiratorial talks" around Litecoin are resuming again. As if the chance that LTC ETFs will be the next to be accepted is higher than ETH ETFs. This is attributed to the fact that LTC has the same halving cycle as BTC, and in general, they have more in common than BTC and ETH. Do you believe this?) Write in the comments. Now, what do we see on the #LTCUSDT chart? - The price has been holding up quite well lately, so if it stays above $100, there will be a good chance for continued growth to $130-140 - If the correction in the crypto market continues with greater force, then LTC could fall to $70 In general, the #LTCUSD price is moving very "hard" and trades are taking a long time to work out But that's the price for low-risk and low-volatility trading. But if you believe that the LTC ETF will be next, then buying LTC in the range of $70-80 with the prospect of rising to $250 or even $295 is a good idea. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
12
LTC/USDT in the crucial area need to bounce for back to upward!💎 Paradisers, the recent market movements of #LTC have certainly drawn attention. LTC finds itself at a critical juncture, teetering on crucial support. 💎 A successful bounce from this support could reignite upward momentum, potentially leading to a retest of strong resistance areas. 💎 However, should LTC fail to find support and breach both the critical support level and the support trendline, it would signal a concerning shift toward downward momentum. Such a scenario could prompt a descent towards key support areas to establish a new trajectory. 💎 Upon reaching these critical support levels, a decisive bounce is imperative for LTC to reclaim ground and reignite upward momentum. Reclaiming the price above the $80 support area would be pivotal for LTC to resume its upward trajectory toward our target. 💎 Should this scenario falter and LTC breach the key support level, it would likely prolong downward momentum, leading to further declines. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
LTCN Following BCHG, Dont Get Shaken Out Here!I just wanted to point out where I believe we are in the LTCN cycle. BCHG seems to have front run LTCN in this cycle. BCHG broke through the .786 and corrected perfectly down to touch the .7 LTCN is correcting are the .618 where BCHG didnt. So what I see is LTCN is going to break the .786 at $132 spike up to $160 and then come back down to the .7 at $84 before a straight shot up to all time high. Dont get shaken out here right before the massive parabolic rally in cryptos and crypto stocks. Also something to note is the STOCH RSI and RSI look much more bullish on the LTCN chart where the BCHG chart looks a little more toppy and corrective. Not financial advice just my opinion. Thank you
OTC:LTCNLong
by Bitgolder
3
LTC/USDT Harmonic Pattern Analysis for Profit PotentialOverview: LTC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action reaching a critical support level. This convergence suggests a potential bullish reversal from point D, presenting a favorable opportunity for traders to capitalize on the anticipated upward movement. Entry Strategy: We recommend entering a long position near 97.8739, strategically positioning ourselves to benefit from the anticipated bullish momentum. Stop Loss Placement: To mitigate potential downside risk, it is advisable to place a stop loss order near 92.028411. This level serves as a safeguard against adverse price fluctuations, preserving capital in the event of an unexpected market downturn. Take Profit Targets: Our analysis identifies multiple profit-taking opportunities to optimize returns: - TP-1: 102.8740 - TP-2: 108.2745 - TP-3: 113.7637 These targets are strategically aligned with key resistance levels, offering potential exit points as the price advances. Risk Management: It is imperative for traders to adhere to disciplined risk management practices, including proper position sizing and adherence to stop loss levels. Additionally, monitoring market conditions and adjusting trading strategies accordingly can help mitigate inherent risks associated with speculative trading. Conclusion: In conclusion, the technical analysis of LTC/USDT indicates a promising bullish outlook, supported by the formation of a harmonic pattern and confluence with key support levels. By implementing a prudent entry strategy, combined with effective risk management techniques, traders can potentially capitalize on the anticipated upward movement and achieve favorable returns.
BINANCE:LTCUSDLong
by trading_jupiter
LTC - BIG NEWS : THIS Last Happened in 2020📈📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators! We observe the bullish cross on our technical indicator; a bullish cross that lead tot he parabolic cycle in December 2020 (there hasn't been one since). I used this exact method to call the start of a new BTC bullish cycle. Find it here: From a trendline analysis as well as moving averages, we get a support zone around $80. The price may very well wick towards this zone and STILL remain bullish. Remember that as BTC trades sideways/range, we may see rallies across altcoin markets. I've created this post to give you a better understanding of the rotation between BTC and Alts: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:LTCUSDT
Long
by CryptoCheck-
Litecoin - DON'T miss this SECOND CHANCE on LTC📉Hi Traders, Investors and Speculators of Charts📈 Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1. According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the correction phase to be close to/ before the BTC halving which is in April . So far, we're starting to see what looks like a pullback across all crypto's. BTC corrected from 48k to 41K, and currently the bears are controlling the lower timeframes. HOWEVER - this is a great opportunity to get in at lower prices before the second impulse wave starts. The second impulse wave is know to be the biggest one, with the biggest increase - and that's what we're looking forward to after this correction is over. For the near term, I'm expecting LTC to trade range between the upper resistance and lower support as pointed out on the chart. This is a great re-accumulation zone, incase you missed the first one. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:LTCUSD.P BINANCE:LTCUSDT COINBASE:LTCUSD KUCOIN:LTCUSDT
Long
by CryptoCheck-
8
LTC/USDT Price Movement ScenarioBelow is the price movement scenario for LTC. Analyzing the asset's dynamics since mid-2022, we can observe a clear upward trend, indicating investor confidence and potential growth prospects. However, despite this, the asset is still significantly below its all-time highs, providing an opportunity for entry into positions. Looking at the trading volume profile, we see that market participants continue to act in line with the current trend, accumulating positions to support price growth. Currently, the asset is trading below the resistance level at $115.86, which can be considered as a potential entry point. It is expected that continued trading below this resistance level may lead to further strengthening of positions and subsequently to a breakthrough of this level. The target level at $297.70 can be considered as the next key level.
by Rick_SimpleSwap
LTC/USDT 8HInterval Chart ReviewHello everyone, let's look at the LTC to USDT chart taking into account the 8H time frame. As we can see, the price is moving above the local upward trend line. Going further, you can see the price fighting in a strong resistance zone from $102.33 to $115.12, when we break out of this zone, we can see an increase to the resistance level of $131.40. Looking the other way, you can see the first support at the level of $91.29, the next strong support is at the level of 77.73, and then it is worth defining the zone from $68.23 to $56, which previously held the price. Looking at the RSI indicator, we see that it is moving towards the upper limit, with room to make another upward move, but at this point it is worth being cautious before a potential rebound. However, the STOCH indicator bounces from the upper limit and subsequent raises result in a higher price movement.
by cryptodailyuk