LTCUSD 1WLTC ~ 1W 📈
#LTC Make purchases in stages from here, minimum target 25%. 🔼 Bulls will continue to Dominate as long as price is above this Resistance Line.
Ltcusdtanalysis
"Analyzing Long-Term Support of LTC to Identify Opportunities"COINBASE:LTCUSD is currently trading above a significant long-term support level that has held for 1890 days, as evident from historical price interactions. This support has consistently resulted in a bounce for LTC whenever the price approaches it. While we anticipate another bounce, it is prudent to acknowledge the possibility of a breakdown. Fortunately, the risk associated with this trade is minimal due to a short stop-loss (SL). The trade appears favorable with a low risk and a potentially high reward.
Turning our attention back to the chart, the symmetrical triangle pattern observed indicates similarities with a previous breakout, leading to a substantial 500% increase. The formation of a similar pattern now suggests the potential for another breakout, which could lead to a significant upward movement. Noteworthy resistance levels during this anticipated movement include $79, $135, and the all-time high (ATH).
It is imperative to emphasize that this analysis is not financial advice. Investors are strongly encouraged to conduct their own research (DYOR) and base their decisions on individual risk tolerance and market comprehension.
Seizing Opportunities: Analyzing LTC's Long-Term Support!LTC is currently trading above a significant long-term support level that has held for 1862 days, as evident from historical price interactions. This support has consistently resulted in a bounce for LTC whenever the price approaches it. While we anticipate another bounce, it is prudent to acknowledge the possibility of a breakdown. Fortunately, the risk associated with this trade is minimal due to a short stop-loss (SL). The trade appears favorable with a low risk and a potentially high reward.
Turning our attention back to the chart, the symmetrical triangle pattern observed indicates similarities with a previous breakout, leading to a substantial 500% increase. The formation of a similar pattern now suggests the potential for another breakout, which could lead to a significant upward movement. Noteworthy resistance levels during this anticipated movement include $79, $135, and the all-time high (ATH).
It is imperative to emphasize that this analysis is not financial advice. Investors are strongly encouraged to conduct their own research (DYOR) and base their decisions on individual risk tolerance and market comprehension.
LTC SO clear chart I will be waiting for it in the white box below
PEACE :)
NOTE: IT IS NOT A FINANCAIL ADVICE
LTCUSDT - D1LTCUSDT
D1 - The price moves in the opposite channel, you can consider both selling and buying along the border of the channel, for stronger movement and achieving goals, the price is necessary to exit the channel, for confirmation you can consider consolidating behind the border channel or retesting after consolidation.
What can you expect?
At the moment, being near the lower limit, protection can lead to a local cessation of movement. The best order for purchases is to wait until the lower boundary is broken. You should not take into account the risks in the channel, as there may be false border breakthroughs. Local targets 74.32 - 81.61
Long
Target 74.32 – 79.20 – 81.61 – 85.79
LTCUSDT - D1LTCUSDT
D1 - The price has emerged from a protracted consolidation through a triangular formation, which may lead to further upward movement. You can try to consider buying from the level of 73.20. If the price can gain a foothold at the level of 68.80 and make a retest, we can expect the movement to continue.
Global target 115.05
If there is a false breakout and liquidity is removed, the price may return to the channel; in this case, it is necessary to wait for a clear formation to consider purchases.
What can you expect?
You can consider entering from the level of 73.20 (you can consider breaking through the level) with further movement to the target 94.56. You can also consider entering from a correction if the price consolidates above 68.80 (With exit from the position after the 2nd wave)
Cancel the idea so as not to take increased risk from the level of 59.50 - 55.10. There may also be a false breakout of this level and continuation of the upward movement - in this case, it will be necessary to wait for a clear formation to continue the upward movement.
It is better not to trade inside the channel, but to wait for a clear situation for trading.
Targets 79.80 - 85.47 - 94.56 - 115.05
LTCUSDT at monthly support, likely to bounce soon.The price has been going down since it hit the monthly resistance MR1 a few months back. The price came back to monthly support and bounce from there. Now it is experiencing a pullback from that bounce and the price is currently trading at weekly support WS1 which is also close to monthly support MS1. I think the current setup is offering a good long opportunity on high time frame. The last monthly candle close has been bullish and indicates that the current or next monthly candle is going to be a green one. The price is also at the support level which is providing a good confluence. Some indicators are also indicating the direction for the price to be up side in the coming days. There can be a bit of dip into the MS1 but not necessary. Overall it is looking good for a long on high time frame.
LTCUSDT support and resistances for high time frame tradesThe price hit the monthly support MS1 and bounced from there. It is currently trading above the monthly support MS1 and currently consolidating in price range around 64. This is kind of no trade zone for high time frame. All the high time frame resistances and supports are marked on the chart. A long is favorable if the price taps into the monthly support MS1 again. On the resistance side, first it will face 4h resistance 4HR1 around 73.5-75.5. That will be a level to short but not the best one. Next resistance level is daily resistance DR1 around 81.5-84 which is a better level to go short. Above that there is a weekly resistance level WR1 sitting around 91-94 offering the best shorting or offloading any long. For short term trade opportunities, we should look at lower time frame charts. If requested, I will look at low timeframe trade setups and share in a separate post.
LTC around 25USD?I hope I'm wrong, dropped out of the triangle and top 3 times before. This is not entirely positive for LTC.
Also, the existence of other cryptocurrencies with similar or better properties (XRP ?) may affect the demand and value of LTC. Competition in the cryptocurrency space is very strong, so it is important to monitor the innovation and development of competing projects.
LTC/USDT Big Movement Incoming ?? Litecoin Today Analysis💎Hello Paradisers, here's a token to keep on your radar!
💎LTC might be gearing up for a retest around the $81 mark before potentially diving further and breaking its demand zone. This area isn't just a demand spot for LTC but also a bullish channel's support.
💎However, the key is to observe the daily candle close. If LTC concludes its daily trade beneath the bullish channel's support, it might swiftly descend, shattering the demand and heading toward the Bullish OB.
💎It's essential to note Bitcoin's influence on altcoins. Currently, BTC seems poised to dip towards the FWB:27K -$28k bracket, coupled with a rise in BTC dominance.
💎This isn't a great moment for altcoins. When BTC drops and its dominance surges, altcoins typically face a downturn.
💎My advice? Exercise patience and await clear signals. However, if LTC manages to hold its ground within the demand and bullish channel support, consider a buy-only post-LTC's breach of the Lower high at $85.5 and a subsequent close above it.
ltcusdt - long before halving (smart idea)- aria bayer
- 2 August halving
- buy now and sell on August 2nd.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
LTC target 123~1321D time frame
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LTC retesting the triangle structure with a falling wedge
Now it is going to break out the wedge, breakout is timing to take entry.
TP: 123~132
SL: 79.77
Litecoin Halving Soon!#LTC Short term update
LTC is making this falling wedge pattern and currently holding above the lower level of this pattern,I am expecting some good bounce after the breakout of this pattern.
wea can long here with SL of 86.40$
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
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LTCUSDT to hit weekly support and bounceThe price hit the monthly and weekly resistance confluence MR1+WR1 and got rejected from there. Currently the price is facing pullback due to that rejection. Next signifiant support is the weekly support where the price is likely to be headed. I expect the price to touch this weekly support zone for a good bounce. By the way, prospect of this one is looking good as it has pushed itself up strongly and moved beyond the downward trend line. The next strong support level is weekly support WS2.
Litecoin begins to show strengthLitecoin begins to show strength before halving, which is expected in 31 days
LTC has higher targets12h time frame
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LTC already broke above the triangle structure.
Retest is better entry.
TP zone: 123~133 and final target 170
SL: 86
LTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Entry: market and lower (im in pos from 77.3)
Targets: 105 - 115 - (125-140)
after first target reached move ur stop to breakeven
Stop: ~75 agreesive, or 65 conservative (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Litecoin Halving Soon,what's Next?#LTC UPDATE
LTC is creating a symmetrical triangle pattern in this daily time frame
(basic about symmetrical triangle pattern)
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
#Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
#The breakout or breakdown targets for a symmetrical triangle are equal to the distance between the initial high and low applied to the breakout or breakdown point.
#Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
The upper trendline is acting as resistance right now, and if it doesn't break out of this pattern, we may see a retest of the lower level of this pattern, which is also the golden level of fid retreatment. After the breakout of this pattern, we can anticipate a very strong bounce.
LTC is encountering resistance at $102 but market sentiment indicates a breakthrough is on the horizon. The best exit place for short-term investors would be in the $130–$140 region if this barrier is broken, at which point LTC might start a bullish run.
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
For more Quality Charts Analysis, follow us.
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LTCUSDT at daily support, long favorable towards 91 and upSo the price has hit the daily support as expected in the last short idea from weekly resistance. Now this is an opportunity favoring long here. I believe the price shall bounce from this daily support. towards the next resistance zone around 91 and probably further up to weekly resistance WR1. It might dip a bit further lower but that should not scare us from this long opportunity.
LTCUSDT at weekly resistance and likely to head downThe price has hit the weekly resistance WR1. The price has momentum and strength. However, I still expect the price to retrace here towards daily resistance. This may provide it the additional strength to move beyond that weekly resistance WR1.
LTCUSDT 15M TF,HAVE A LOOKMEXC:LTCUSDT.P
Currently testing 15M TF Resistance zone i have shared my trading set up in the pic.
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 77.3,my stop in breakeven but if i get stop i will reopen,until we above 65 main targets 120-130 is relevant)
Targets: 105 - 115 - 125
after first target reached move ur stop to breakeven
Stop: ~66 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
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
Ltc | Update Ltcusdt
As we can clearly see that ltc lose the horizontal support
Next big support zone is 77-73 and this one will be the best for mid term entry
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