Litecoin Holding SupportLitecoin has held the key support. Looking for monthly MACD to cross up to confirm. Early days but could be epic rally coming. Target up to the Kijun @ $228
LTCBULLUSD trade ideas
LTCUSD | Going Short - Trading StrategyThe graph follows a bearish trend with consistent red candles after hitting Double-Top at 78.08. Furthermore, Bearish ABCD Pattern and Divergence reinforces the bearish trend.
Making a short trade with a risk of 2% and placing two TPs with ratio 1:4.
Litecoin to turnaround?Litecoin - 24h expiry - We look to Sell a break of 73.78 (stop at 75.81)
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A higher correction is expected.
A break of bespoke support at 74, and the move lower is already underway.
Our profit targets will be 69.01 and 68.01
Resistance: 76.00 / 77.55 / 79.50
Support: 74.00 / 71.00 / 69.00
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 analysisLitecoin is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011.
The Macro Defying Bullish Continuation In LitecoinWe had a bit of a bearish pullback because of Bitcoin and it was tradable thanks to the Bearish BAMM but now Litecoin just finds itself back at a major support that happens to align with the 200 SMA and the 1.414 Butterfly BAMM PCZ. If Litecoin can pivot from here i think it will go for that $99-$105 target though a more short term target would be $74-$77
Litecoin Completes Wyckoff Phase E ReaccumulationHappy hump day in the first week of this new year. It’s been a minute since I’ve last posted some TA, and it seems the itch has returned after putting trading aside for a bit to focus on other pieces and parts of life. I’m sure The Byrds touched on crypto degen season in their hit Turn! Turn! Turn! somewhere.
With the Litecoin halving expected sometime in Q3 or Q4 of 2023, backing up the Brinks truck and filling up the bags with Litecoin has become the recent mantra and memecoin. What better way to get back on the horse again?
With that, Let’s get to the TA. (My methodology is Point & Figure/Wyckoff.)
Looking at the 1D chart (0.20 box size with a 3 box reversal), the formation appears to have completed a Phase E Wyckoff Reaccumulation. If we look at the projected target price using the horizontal method, the projected price for the completion of Phase E would be (23 columns x 0.20 box size x 3 box reversal) + $65.20 = $79.00. The formation’s Buying Climax topped out at $77.80 at the time this article was published, so it appears all the cause built up to mark the price up has been used, and Litecoin should establish a new trade range and direction at this stage. The larger question is which direction is Litecoin likely to break? The weekly chart might help provide some insight.
Looking at the 1W chart (0.20 box size with a 5 box reversal), the formation appears to be at the tail end of a Phase B Wyckoff Accumulation. Typically, at the tail end of this stage, the formation tends to retest support (in this case the $46.40 price at the top of support) followed by a test of resistance (in this case the $60.40 price at the bottom of resistance) before entering into Phase C with the shakeout (forming the creek and spring) prior to markup. As this chart is a higher timeframe, consider this may take some time for the full breakdown to complete before the subsequent retest of resistance.
Always remember this is not trading advice.
Outside of that, Happy Trading.
Do You Even HarmonicDYE Harmonic on LTC.
This could be setting up for a potential short again.
Not financial advice. Do you're own math.
A MAN CAN DREAM 2.0Looks more like a continuation pattern to me (ascending triangle)
i dont know if i have the patience, but i'm very excited ))
My dream,is it too wild??
Litecoin to find support at previous resistance?Litecoin - 22h expiry - We look to Buy at 71.01 (stop at 69.14)
Short term bias has turned positive.
20 8hour EMA is at 70.60.
Previous resistance at 71 now becomes support.
We look to buy dips.
Our profit targets will be 75.69 and 76.69
Resistance: 76.34 / 78.00 / 79.50
Support: 74.00 / 71.00 / 70.00
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 its so long term view of price ! but we know the importatnt thing about ltc ! we teach about security and so many thing! we provide the crypto and blockchaine and fu*ck all fiat money! we trust on decentralised , the future is this !
memes are the most important thing in the world .
LTC is at major crossroad Want to come back to $LTC, was on phone b4
#LTC has weekly BULLISH crossover
Not many have done that, those that did rolled over
$ETC $DOGE $XRP ( $MATIC still in area)
Looking @ monthly none mentioned were able to CLOSE above except #ETC
#Litecoin is @ monthly RESISTANCE
Litecoin - LTC at important volume profile POC year end 2022👀🐻Litecoin
Bears will try to defend $76.76 - important volume profile POC year end 2022👀🐻🚨🚨
Will LTC get the bullish breakout or come down with US markets from tomorrow on dear Crypto Nation❓
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
expected range for time and price forecastexpected to have some upside but may retrace a little first.
Out of range, LTC as risky business The long term trading range was broken already a while ago. Bottom of the rising wedge is now confirmed. For now staying on sidelines to observe further price action development. At the moment most of crypto assets look similar. It's a risky business until the channel is regained. For now I'm bearish.
LTC Multy Year Movement...Buy and hold LTC until hard pump multi year resist...("doge remember")
short term target $100,$180...
Long term Target $1000++++
LTC analysisLitecoin is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011. In technical details, the Litecoin main chain shares a slightly modified Bitcoin
LTC getting readyas the Litecoin halving approaches we will likely see the cryptocurrency market recover
Litecoin forming Bullish Pennant on 3 month chartthis is a very large time frame 3 month, so this could take years to reach tarrget price.
we hawe 3 touches on trendline (the rule of 3) and allso volume is going down.
Pennant usualy make a false break to the down side, what is even more bullish, because it leads to higher momentum when it breaks up.
Please tap on a like button and coment below.
Happy new year 2023
Isolated strength in Litecoin $LTC looks to have come to an endLTC has been showing isolated strength while everything else in crypto have struggled, but local top now looks in and price likely headed back to $50 support.
