Litecoin Macro Analysis : BIG MovesHi Traders, Investors and Speculators of Charts📈📉
From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis.
By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. I hope your bags are packed because once LTC moves, it's hard to jump onto a moving train.
The bullish signs are:
✅ Consolidation under resistance zone / bullish
✅ Higher Lows - buyers are buying up dips
What's still missing:
✅ Bullish Technical Indicator (Weekly on CryptoCheck START v3.5)
✅ Weekly candle close ABOVE 70
Even thought the price may continue to trade just under the resistance for another while, the next big market cycle is clearly the bullish phase.
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CryptoCheck
BINANCE:LTCUSDT
Ltcusdtlong
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.
LTC#LTC
After Halving the price dumped pretty much and currently the coin is in the long accumulation period before the next big move
#LTC is very perspective project / coin. I would recommend to buy this coin on Spot, because for Futures trading its very choppy right now.
You can see on the chart 68$ price level, that currently will stand as a strong resistance. The coin was already dumping several times from that level before. So, until we don’t see the D close above 68$ - we can’t talk about bull trend continuation.
But if it is so, then the coin can give good move until 100 - 104$ where we can see another bear reaction. (N.1)
Only if the coin will keep consolidation above 110 - 112$ in this case there will be big chance to see the LTC at around 160$ where it has Monthly FVG level (n.2)
Other wise, I expect to see continuation of consolidation between 68$ and 52$ levels. How long this consolidation will be - hard to say, depends on market conditions (n.3)
If LTC breaks below last 52$ support in this case the price can drop towards to 25$ (n.4)
Remember that this TA made on Weekly TF
It can take weeks or 1-2 months for analysis to play out.
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 flash recovery pump 📌 incoming CRYPTOCAP:LTC :: SHORT ⏰ PERIOD ANALYSIS 📌
Previous I provided sell short ↘️ unfortunately we missed buy zone difference of $0.86 of 1st buy zone 📌 🙄 now reached target 🎯 1 📌 near to target 2 📍 I want to catch return pump 📌 so this trade set-up 📐 involved High risk so called as #scalping
#futuretrade :: 2-4x ( 1-5% liquid 💰 ) #dyor BUY LONG ↗️
#BUY :: $75.8 - $80.2 - $83.56 ( 50%-30%-20% )
#sell :: $94 - $114.9 - $134.28 ( #imo $110 )
#SL :: $73.36 ( complete day close below 📍 )
✨
#LTCUSD- LONG BIG MOVE TARGETING 106!-After a months of bearish and seller control price recently have shown the bullish reversal, potential a long bull trend has began. Price bounced at the daily external liqudity zone.
-Our first target that we are aiming is 106 however if we break that trend then it will be an indication of the long run.
-Trade will be activated once it shows some retracement so we will have a spot on entry.
-If you like the idea, do let down your views in comment.
ltcusdt - long before halving (smart idea)- aria bayer
- 2 August halving
- buy now and sell on August 2nd.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Litecoin Halving Soon!#LTC Short term update
LTC is making this falling wedge pattern and currently holding above the lower level of this pattern,I am expecting some good bounce after the breakout of this pattern.
wea can long here with SL of 86.40$
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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Ltc/usdt | Next Plan Ltcusdt
Hello Lovely Traders
I am expecting ltc price to bounce back soon towards 100$
If we see brrakout of this triangle pattern we will enter and incase of breakdown we will wait for next support as I mentioned in the chart
Just we have to wait for confirm entry
Note : This is just an idea Do your own research before taking any decision
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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.
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
LTC Pre-Halving Pump into Q2 2023 -Crypto's first sign of springPrice Action into LTC halving seems consistent without regard to market sentiment.
SENTIMENT AND ENVIRONMENT INTO LTC HALVINGS:
2014 - "MT Gox.. Silk road... etc"
2018 - "ICO crash, BlockWars, China Crypto Banning, Fed tightening. . .etc"
2022 - "FTX collapse, Fed Tightening, 3 arrows capital, etc etc"
LTC seems to not care and its halving is usually about 9-18 months before BTC halving event
Watching to see how this plays out will be useful to know if money is still interested in this space.
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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