LTC LONGSLYC retraced just enoguh to grab SSL, halving soon, possible bull rally before the event, technical transition to the upside from lower timeframes.
LITECOIN trade ideas
LTCUSD - Priming Itself For A Big MoveLTCUSD has formed a bullflag like structure above the lower trend line.
I expect this breakout to smash the upper trend line, its difficult to show however on this chart.
Linking a chart below that shows how I think the breakout will occur.
✴️ Litecoin's Long-Term Potential RevealedShort-term we can see some swings and shakeouts but when we look at the bigger picture Litecoin has been growing since June 2022, for an entire year. A similar situation we had back in 2020 when Litecoin grew for almost a year before a very strong bullish market, this is the consolidation phase.
See the chart, we have long-term higher lows and the consolidation leads to a bull market, plain and simple.
The growth phase that is not something small but big, long in duration, years of growth.
Thank you for reading.
Make sure to follow for more Altcoins & Bitcoin.
Namaste.
Buy the dip?Lines were drawn on weekly (showing daily view here)
If current level doesn't hold I will be looking to load up at weekly trend just below $81 (perhaps a quick wick below $80 just take out stops).
That is all
LTC formed a triangle of trend continuationLTC marks a strong bullish direction, and analyzing that its halving is approaching, this gives us an even greater indication that the medium-term break will be on the upside.
LitcoinerZ trap beatsBINANCE:LTCUSD.P
Currently price action seems to repeat textbook wyckoff range accumulation structure. Price seem at range high , but not just typical range high , but major range resistance previous bull support range. Usually what we want to see here whethere is this a deviation or a break to a new higher range.
2 probabilities here
1. Price rejected range high, confirmation. Entry after confirm . Target sell at mid range 50% and low range 50%
2. Price break range high and confirm with higher high n lower high. I cut loss and wait for price to settle at new range high.
In coming 3 months , we are heading into key decision moment whether fed gonna pause hiking rates or not. Tbh i dont think fed going to pause very soon when inflation is sticky, powell mentioned before he's going to ensure inflation rate back to 2% while currently we are at 4.9%. We are still far away for powell target to 2% , they have been printed twice the amount of money starting in 2020 and we expect fed to stop hike this year? Most proabably not , but i might be wrong. Now im putting my money where my mouth is.
Share ur thoughts.
Hidden trap for LitecoinerzCurrently price action seems to repeat textbook wyckoff range accumulation structure. Price seem at range high , but not just typical range high , but major range resistance previous bull support range. Usually what we want to see here whethere is this a deviation or a break to a new higher range.
2 probabilities here
1. Price rejected range high, confirmation. Entry after confirm . Target sell at mid range 50% and low range 50%
2. Price break range high and confirm with higher high n lower high. I cut loss and wait for price to settle at new range high.
In coming 3 months , we are heading into key decision moment whether fed gonna pause hiking rates or not. Tbh i dont think fed going to pause very soon when inflation is sticky, powell mentioned before he's going to ensure inflation rate back to 2% while currently we are at 4.9%. We are still far away for powell target to 2% , they have been printed twice the amount of money starting in 2020 and we expect fed to stop hike this year? Most proabably not , but i might be wrong. Now im putting my money where my mouth is.
Share ur thoughts.
Ltc. We are in deviation to trap fomo Think deeply
Why suddenly in news pushing bout bullishness
We r in range, trade at highest or lowest range.
Dxy is 104 now spx is at 4250
What make u think that we are so bullish without spring lower
LTC H&S patternCurrently LTC rejecting H&S neckline.also LTC creating triangle correction.or it could be cccc impulse.eyes on neckline.if it break to the upside wait for the retest.Trade Safe
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 95.51 (stop at 93.51)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
A break of yesterdays high would confirm bullish momentum.
We look for gains to be extended today.
Short term momentum is bullish.
Our profit targets will be 100.51 and 101.51
Resistance: 95.50 / 97.00 / 98.50
Support: 94.30 / 93.60 / 92.38
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LTC/USD WEEKLYmid bband hold the price + bbands squeeze on quickly :) no one is talking about dat but you know what is coming next ;) probably last chance to buy 2 digits
LTC gearing for a breakout of lonterm acsending triangle LTC has been building an ascending triangle since June – 2022 and is inching closer near breaking above as this pattern is typically broken to the upside.
The LTC halving is scheduled for Aug 5th and if we look left on the charts for the past 2 LTC halving’s, price action topped in June/July before the Aug dates.
Watching the 4-day MACD cross will give us more clues to the weekly chart looking for the momentum we need to break above, and it looks to be crossing now! ✔
Litecoin Pre-Halving Pump to 140-160 RangeHalving expected August 5.
Pattern all-ready complete
Breaking out of 6 Months Consolidation.
Daily Ichi Pivot.
Macd showing up
RSI showing up
Constant Higher lows in this Bull Flag
If Volume continues to rise we can fill the liquidity gap till 140 quite quickly.
IHS, CNH, ++LTC Has an IHS with tgt around 105 and a CNH with tgt about 99.
Bullish confluence as we are above the TL support and just bounced from the 21D EMA.
Litecoin's Discrepancies we have bullish divergence on a weekly for Litecoin , pretty sure we are primed for a hard reversal higher ?
Prevailingnine 5.7.23
Will Litecoins bearish momentum continue?Litecoin - 24h expiry - We look to Sell a break of 87.98 (stop at 90.02)
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
The medium term bias is neutral.
Short term momentum is bearish.
A break of the recent low at 88.06 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 83.02 and 82.02
Resistance: 89.00 / 90.00 / 91.50
Support: 88.06 / 87.00 / 86.20
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Litecoin- Rise to 133? (50% gain)Of the 3 coins analyzed today, Litecoin I like best.
As we can see from the daily posted chart, after the top above 100, the break under the rising wedge's support, and the drop in support, LtcUsd has started to rise again.
This rise is very constructive and we have had higher lows since March with the last low being a Pin Bar.
Resistance is now the zone between 93 and 95 and a break here could lead to a rise well above 100 to the next important resistance at 133.
Here we go LitecoinHere comes the explosive move to the upside. Looks like the smart money is finally conceding the direction of the Cryptocurrency marker is up as we here at LARP knew and confidently proclaimed before anyone else as time expired on the bear trend.
It is no secret (as a general statement) the market for alt coins serves as a more volatile derivative market for Bitcoin. Elliot wave analysis confirms our thesis that Litecoin will be the star of all stars. Much can be gleemed from the published chart and annotations but a more detailed text analysis will soon follow in the coming days.
Got Litecoin?
Buying Litecoin at previous resistance.Litecoin - 24h expiry - We look to Buy at 89.11 (stop at 86.11)
Previous resistance at 89.00 now becomes support.
Support is located at 89.00 and should stem dips to this area.
Short term oscillators have turned negative.
Short term bias has turned positive.
50 4hour EMA is at 89.09.
Expect trading to remain mixed and volatile.
Our profit targets will be 96.61 and 97.61
Resistance: 91.93 / 93.00 / 94.60
Support: 90.00 / 88.50 / 86.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Could upcoming Litecoin havening outperform BitcoinAs the halving of LTC approaches, many of you may be wondering where to invest your hard-earned money. Well, I have some exciting news for you - Litecoin (LTC) could outperform Bitcoin (BTC) as the halving approaches!
You see, LTC has a halving event coming up in August 2023, which means that the mining rewards for LTC will be cut in half. This will reduce the supply of LTC and increase its scarcity, leading to a potential increase in its value. In fact, history has shown us that LTC has outperformed BTC in the months leading up to and after its halving event.
So, why should you invest in LTC? Well, besides the potential for higher returns, LTC is a solid investment with a strong community and development team. It also has faster transaction times and lower fees compared to BTC, making it a more practical option for everyday use.
Don't miss out on this opportunity to invest in LTC before its halving event. Take action now and add LTC to your portfolio. As always, make sure to do your own research and invest wisely.
Thank you for your time and happy investing!
LTC/USD Approaching the Halvening EventLooking at the weekly time frame of Litecoin as we are approaching the halvening event in September of this year, about 200 days away, this chart is looking eerily similar to the 2018 cycle bottom.
We’re going to see a pump upwards to $95-114 prior to the halving event with a pull back around to the area levels that were in now from $80-$84.
I believe we’ve seen the bottom for Litecoin at $41 and from here we’ve regained the long term uptrend extending from before the start of the 2017 bull run cycle.
So $80-$84 is the accumulation before the breakout and pullback to a very similar structure of what we’ve seen in Litecoin 4 years ago. Also, markets don’t bottom down, they bottom up.
Market bottom in the 2018 cycle was almost at the $20 range and the market bottom this cycle was almost touching the $40 level. All in all, this was a 100% increase over the period of 4 years and still a remarkable gain if you managed to get in early.
Obviously historical data doesn’t prove future results, but we can sort of use predictive behavior to figure out how this cycle will play out. We’ll see the Litecoin halving later this year which will spark the next bull cycle, following with consolidation all the way up until early 2025 where it will lead the bull run and breakout with Bitcoin following.
This will be a solid year of consolidation / accumulation, but definitely able to make some decent profits swing trading on the volatility.
If you were to HODL throughout the cycle and up until 2026, i’d expect another 100% flatline increase, otherwise an $80 bottom (floor) at the lowest.
As always please do your own research, I am not a financial advisor.
Trade Alert - Long LiteCoinTraders,
As you will read from my previous posts, the signal seems to be given on the Bitcoin chart to go long. Therefore, I will begin to acquire larger cap altcoins, followed by medium cap. Then small. The blow-off top that I have been calling for now over a year appears to be manifesting with reckless U.S. government expenditure. The dollar should drop over the course of the next year. Inflation will continue. And this will be priced into stocks, commodities, and crypto.
I am buying Litecoin here. Target TBD. SL = anything below the bottom of my triangle (pending risk tolerance).
Best,
Stew
