Rise and shine. LTC The reason for the growth will be thought up later, everything has been visible on the chart for a long time.
LTCBULLUSD trade ideas
Litecoin the little coin that can! Who else is impressed with the way Litecoin has been the front runner blue chip coin as of lately. I know LTC has lots of catching up to do especially when it comes to its other blue chip coins. BUT when fan favorite Litecoin moves, it'll definitely lead the way for many other alt coins.
Let's take a look at a few key levels we can expect LTC to visit on its way to the moon.
First we have the red box of resistance which has acted as strong support as well as strong resistance in the past. Historic level of both support and resistance I would say. Which just so happens to line up well with the yellow overall .236 fib level at 128.82(29% away).
Second we have the white fib which is drawn from most recent swing high to swing low. Point of interest on this fib is the .618 at 202.05(103% away). After these levels are met without a major rejection we can start looking at higher levels. But for now these are strong levels to expect for an upside movement.
Lastly what's confirmed my bullish bias for LTC(not that it takes much for me) is the break out from the purple trend line. First touch point on March 28 2022 and second touch point February 13 2023. With a break out February 26 2024. Beautiful movement with fan favorite Litecoin, love to see it pump!
Trade safe peeps!
p.s hurry up John.
Jesus LTC !Litecoin is a cryptocurrency that operates on a decentralized network, similar to Bitcoin. It was created in 2011 by Charlie Lee, aiming to offer faster transaction times and lower fees compared to Bitcoin.
Regarding its future with AI technology, there are several potential intersections:
1. **AI-Powered Trading:** AI algorithms could be employed to analyze market trends and make predictions, potentially aiding traders in making more informed decisions when trading Litecoin.
2. **Fraud Detection:** AI can be utilized to detect fraudulent activities within the Litecoin network, enhancing security and trust among users.
3. **Smart Contracts:** AI technology could facilitate the development of more sophisticated smart contracts on the Litecoin blockchain, enabling automated and self-executing agreements with greater complexity.
4. **Scalability Solutions:** AI could help in developing solutions to address scalability issues faced by Litecoin and other cryptocurrencies, such as optimizing block size or implementing layer 2 scaling solutions.
5. **Personalized Financial Services:** AI-driven personalized financial services could be built on top of the Litecoin network, offering users tailored recommendations for investments, savings, and spending based on their individual financial situation and goals.
In essence, integrating AI technology with Litecoin could lead to advancements in efficiency, security, and user experience within the cryptocurrency ecosystem.
LTCUSD | Breaking Weekly ResistanceLTCUSD is standing at critical breakout level of 104 on weekly scale. We are eying breakout above this level to unlock 40 to 80% gains in upcomming days.
Manage your risk accordingly
Litecoin is a commodityIt is simple, you buy and hold.
Therefore, understand that Doge as well is a commodity too.
Be safe.
LTCUSD: About to start an unprecedented end of year rally.Litecoin is about to turn overbought on its 1W technical outlook (RSI = 69.352, MACD = 5.439, ADX = 27.356) but that is far from a sell recommendation. This chart shows that the historic pattern since its start is a Channel Up which sees its greater returns and starts the cyclical rally when the 1W RSI turns overbought. All rallies have hit at least the 0.618 Fibonacci trendline so this is where our end of year target is (TP = 1,600). On an extreme bullish scenario, it can even reach the Channel's top, extending to a +32,549% growth as the 2017 rally, which return a target at 12,000. Best to have have sold the majority of your LTC at 1,600 though.
See how our prior idea has worked out:
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Litecoin Bullish April is going to be a green month for cryptocurrency. May will be the big correction month.
LTC 7 day trade targeting $123
LTC Bull continuation to break above 100$Hello, yeah I know the past week or so was a bloodbath,
So LTC as seen on the chart has just completed the correction from 102 and completed at 78$,
So from there, our entry was at 81.94. so from here im expecting a bullrun to break above 102$.
SO for those that have been hodling LTC, keep on Hodling. the coming weeks are gonna be great and life changing.
NFA as always.
Litecoin's historical pattern & Fib logA few weeks back I made a chart on Litecoin named "Litecoin and it's historical patterns" linked in this chart down bellow. This is literally the same exact chart but I've added the "LTC Log Curves based on Fibonacci math sequence. Look at how good it's fit on the original analysis!
On the bottom I have the "Litecoin Wizard" I'm not entirely sure what this is based on but I do believe it's on chain information. I have added to this indicator a support level (buy area) and a Litecoin hyper level that is above the yellow line and heavy profit taking area. As we can see it's not there very long, so when it is take advantage of it.
Back the log curves, assuming LTC stays within a this growth channel and doesn't break below the green area, we can reasonably say that eventually LTC will hit the top of this curve (red area) again one day in the future. That area if hit sits at a possible 2500 LTC in 2025 to 2026. You have to keep in mind that it might never hit the top of the channel ever again, there is no guarantee of it.
By combining both of these indicators one could find a very good sell area and take profits in the future and then re apply it to rebuy again after that.
This is not a prediction or a buy recommendation by no means. It's a simple observation using specifically designed indicators.
Thanks for looking & leave a comment on what you see down below
WeAreSat0shi
Stay Blessed!
Litecoin Emerges as Second Best-Performing Cryptocurrency Litecoin ( CRYPTOCAP:LTC ) has recently emerged as a standout performer, surging to become the second-best-performing digital asset in the top 100. This remarkable ascent comes on the heels of a pivotal declaration by the United States Commodity Futures Trading Commission (CFTC), cementing Litecoin's status as a commodity.
While meme coins capture headlines with their volatile swings, Litecoin hodlers are experiencing a euphoric rally, celebrating a surge of nearly 11% in the last 24 hours alone. This surge signifies a significant leap for Litecoin ( CRYPTOCAP:LTC ) amidst relatively stable markets, where Bitcoin and Ethereum corrected by less than 2% over the same period.
The CFTC's acknowledgment of Litecoin ( CRYPTOCAP:LTC ) as a commodity holds profound implications for its future trajectory. By delineating Litecoin from securities regulations enforced by the Securities and Exchange Commission (SEC), this recognition paves the way for a plethora of opportunities and integrations. Litecoin stands poised to receive more comfortable endorsements and foster deeper integration into mainstream financial systems, unshackled by the specter of SEC enforcement actions.
The genesis of Litecoin's recent surge lies in the CFTC's lawsuit against crypto exchange KuCoin, where Litecoin was explicitly categorized as a commodity. The complaint detailed KuCoin's involvement in facilitating futures, swaps, and leveraged transactions involving digital assets like Bitcoin and Ethereum, alongside Litecoin.
Litecoin's journey to its current heights has been marked by strategic movements and technical prowess. Trading within a horizontal channel between $63 and $77 for January and February, Litecoin ( CRYPTOCAP:LTC ) broke free from this confinement on February 29, igniting a bullish trend that has seen remarkable gains throughout March.
Technical Outlook
From a technical standpoint, Litecoin exhibits signs of strength and resilience. The Relative Strength Index (RSI) indicates a slight overbought condition, yet bullish sentiment prevails with a dominance of 61% bulls over bears. Litecoin's ability to bounce off key moving averages reaffirms its bullish trajectory and underscores its robust market fundamentals.
Moreover, if Litecoin's ( CRYPTOCAP:LTC ) price sustains its bullish momentum and overcomes the confluence resistance level at $100, it could signal sidelined buyers to step in and potentially kickstart a breakout rally. The Pivot point at $119.84 will be the target for some of these buyers to potentially book profits. This move in Litecoin ( CRYPTOCAP:LTC ) price would constitute a 32% ascent from the current position.
On the other hand, Litecoin’s bullish outlook could face invalidation if the pioneer crypto – Bitcoin triggers a steep correction. In such a case. Litecoin ( CRYPTOCAP:LTC ) price could revisit the $79.78 support floor.
Litecoin---Cup N Handle??? Road to $1000+
Hey guys! CryptoGao in here,
Litecoin is one of the OGs from the Cryptomarket. This one had its Halving event last year and its about to do a pump. I made 2 vertical lines in my chart which signal the halving in the exact date it happened. You can see that after Litecoins second halving, price action went up parabolical.
Another thing Ive noticed is that there is a cup n handle formation that has been forming for YEARS in this chart, Ive kept track of this for 3 years already. Litecoin most important resistance to break right now was $102. We are primed to go to $200 and much beyond.
LTCUSD: Strong Buy Signal Amidst Short-Term Bearish SentimentHello Everyone,
LTCUSD remains a compelling buy, backed by a favorable trend across the 1-day to 1-year timeframes. However, it's worth noting that the predominant position is currently leaning towards short, suggesting an expectation for a decline in value. A critical level to watch is 104.347, which has served as a strong resistance point on the 1Y timeframe. If this level transitions into support in the near term, it could prompt further upside momentum.
TradeWithTheTrend3344
Litecoin Short Term Buy IdeaH1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
The seven year squeeze? Part 4Just a quick update, and zoomed in. Waiting to break.
And by the way, look at the 3mo, 6mo, and 12mo charts. It's as though LTC has been waiting its whole life for this very moment.
LTCUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
LTC Prints Piercing Pattern on Daily CandleLTC prints Piercing Pattern at pull back followed by HHs.
Litecoin Hints A Bullish Rally beyond $115Recent Rally: LTC shows a 15% increase in five days, signaling a strong recovery.
Fibonacci Dominance: The price sustains above the 50% Fibonacci level, targeting over $100.
Psychological Mark: Aiming for a breakthrough above $100, with sights on $113.
Bitcoin's Influence: Bitcoin's performance above $70K positively impacts LTC's momentum.
Anticipation Around Halving: Bitcoin halving expected to boost altcoins like LTC, with predictions stretching beyond $200.
V-Shaped Recovery: LTC demonstrates a V-shaped reversal, indicating strong buying interest.
Trading Volume Surge: A 106% rise in intraday trading volume underscores bullish sentiment.
Technical Indicators: The RSI and MACD indicators signal a bullish trend reversal.
Supply Zone Caution: Awareness of potential resistance and reversal around the $100 mark.
Uptrend Potential: Optimistic outlook suggests LTC could hit $113 and possibly $130.
Market-Wide Recovery: The overall bullish market trend supports LTC's upward trajectory.
Litecoin (LTC): Target 1 hit! ...what's next?Hi Traders!
The Trend returned to bullish on the daily chart and our setup worked correctly reaching Target 1 around 102.00 area (see chart below). That said, if Litecoin manages to hold the supports shown on the chart, we still expect an interesting bullish continuation with our new Target 1 around the 130 area. With this in mind, we do not rule out some corrective structure in the near term, but if it happens it should be considered as a Buy Opportunity. As we can see on the daily chart, we are approaching the first major resistance around 108 area, if it wants to break it, it should do so within a couple of sessions.
Litecoin Setup (Part. I)
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Trade with care
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short LTCLitecoin bounced down off the resistance level and broke through the ascending trendline. A decline to support level at $78.1 is expected to happen
Litecoin Reversal: Case for a Bearish Head and Shoulders PlayHello everyone, I'd like to share with you my current outlook on the Litecoin market, based on the technical analysis of the LTC perpetual futures contract. I've identified a formation that prompts some caution: a potential Head and Shoulders pattern that's taking shape on the daily chart.
This technical indicator is traditionally interpreted as a precursor to a bearish reversal. You can see here the central peak, which is higher—that's the head—and the two other peaks, roughly at the same height, are the shoulders. This pattern is confirmed by decreasing volume, which bolsters my belief in an upcoming trend reversal.
Therefore, my strategy will be to set up a short position as soon as we see a convincing breakdown of the support level, which is just below the current price. I've set my downside target at around 60 USD, down from the current level of about 97 USD. This potential profit zone is clearly marked here in red.
LTCUSDLitecoin long term view
in my opinion, could reach about 300 till 400, current price is 89
SL: fix the price under 55
Cryptolean Litecoin LTC UpdateIn the daily LTCUSD chart, in the beginning of the week, Litecoin had a fake-out to below $80.43 into the daily range zone.
However, it recovered strongly, re-confirming $80.43 as a support.
The current price action in Litecoin is very interesting as it is testing the key daily resistance of $88.82-$92.07.
A bullish break-out of $92.07 is needed to have a rally towards $100.
A bearsih rejection of the key daily resistance of $88.82-$92.07 will lead to a re-test of $80.43.
Possible squeeze momentum on $LTCI see a possible squeeze momentum on $LTC. It could shoot to $105 local top area.
Buy signal printed on 4H. Squeeze printing green candles.
Let's see!
