Long Position Litecoin 4H TFbullish trend in Litecoin, entry in the $71 zone. SL at $69 and TP at $75 but a Trailing Stop of around 2% should be added.
4H TF
LTCBULLUSDT trade ideas
LTCUSDT Morning Traders,
LTCUSDT broke the major support and kind of trying to break it to the upside, but i don't see any strength linear resistance, also looking at BTC I think that BTC will try to grab liquidity from the downside.
I have opened a short at this level. but if you want to invest in spot, DCA would be a very good strategy.
NOTE: NOT A FINANCE ADVICE
LTCUSD_1WAnalysis of Litecoin in the long-term time frame by breaking the trend line and maintaining the support of the $50 range, there is a possibility that it will enter a new upward wave and it can start an upward movement towards $250 for the long term.
LTCUSDT - BULLISHI'm considering a long position in LTCUSDT at a price of $68.60. My analysis suggests that LTC is currently following a bullish trend, aligning with the principles of Dow Theory, and consistently forming higher highs and higher lows, indicative of a strong bullish trajectory.
To manage potential risks, I plan to set a stop loss at $65.50, just below the last lower low. This stop loss is designed to protect against adverse price movements.
For my target, I'm aiming for a 1:1 risk-reward ratio, with the initial target set at $71.80.
As always, it's important to remember that the cryptocurrency market can be highly volatile, so conducting thorough research and staying informed about market developments is crucial before making any investment decisions.
❗️ Corrective Move To The 64$ Area Is Expected 📥 There Is a Clear Bear Flag Formed At The Chart That I Can’t Ignore It ,Correction To 64$ Area As a Wave C Target Is Expected
After This Corrective Move We Will Have Bull Rally For The LTC
LTCUSDTLTCUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 75 followed by 80.
What you guys think of this idea?
Litecoin LTC long medium-term trade #21Taking into account the fact that in the medium term we are more inclined to believe that the crypto market will grow, we continue to publish medium-term trades.
In order to continue the growth of the crypto market, we would not like to see a correction of the BTCUSDT price below $26950-27000 in the coming days:
In previous years, the LTC price was one of the first to start an upward trend and correction. This year, the "scheme" failed, the LTCUSDT price was one of the first to start correcting in July, but it still can't start growing, although the BTC price has been growing slowly for 2 months...
We will try "to push" the Litecoin price up a bit :) by entering a medium-term trade on the following conditions:
Entry: in the range of $60.21-62.51 (the desired average price is $61.36)
Stop: $55.99 (-8.75%)
Take profit: $83.80 (+36.57%)
P/L ratio: 4.2/1
We allocate $10,000 for LTCUSD trade,
In the event of a mistake, we will lose $875
If the trade will be a success, we will receive a profit of $3650
The Priority Is Bullish ✅ Hi Guys
📥 Today I Talk About The LITECOIN And Work On a Technical Sides Of It ,So Lets Start
👉 Bull Flag Formed At The LITECOIN Chart And I Expect a Breakout Will Happen Soon And Start a New Bull Rally To The 77$ As Next Target ,The Priority Is Bullish For Me
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I Would Be Happy To Share Your Opinion About Gold At The Comments
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Please Do Not Forget To Push The Boost Bottom
LTC Buy Trade Blueprint: Seizing the Moment for Maximum Gains
**Fundamentals:**
* Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was announced on October 7, 2011, and released on October 25, 2011. Litecoin is nearly identical to Bitcoin, but it has a faster block generation rate and a larger supply of coins.
* Litecoin is often referred to as "the silver to Bitcoin's gold" because it is seen as a more affordable and accessible alternative to Bitcoin. Litecoin is also known for its fast transaction times and its popularity among merchants.
**Recent News:**
* On November 3, 2023, Litecoin Foundation announced the launch of Litecoin Core v0.22.0, a new version of the Litecoin software that includes a number of bug fixes and performance improvements.
* On November 2, 2023, the Litecoin Foundation announced the launch of a new Litecoin Lightning Network node, which will help to increase the capacity of the Litecoin Lightning Network and make it easier for people to use Litecoin for everyday purchases.
* On November 1, 2023, Litecoin was listed on the Coinbase Pro exchange, which is a major cryptocurrency trading platform. This listing is expected to increase the liquidity of LTC and make it more accessible to investors.
**Disclaimer:**
This is not financial advice. Please do your own research before investing in any cryptocurrency.
Ltc looking to movelitecoin looking good here, could see a nice move up
already long from the bottom but still a good price to get in on it
We are now at the breaking point!Targets: 75 - 102 - 131 ... and more
This is not advanced work! Please do not consider it as investment advice!
LTC WHAT'S NEXTHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
What's next on LTC
As we can see price got stuck inside this big rangy market between our support and resistance zones.
However, price is still overall bearish from a shorter-term perspective, and for the bulls to take over we need a break above the marked minor resistance zone, where we will be expecting a further movement higher.
Meanwhile, and until that happens, price can still trade lower to be approaching our lower support zone where we will be looking for new longs.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Most Undervalued Large-Cap CoinLTC is probably the most undervalued coin at the moment.
1) The halving event occurred in August 2023. The fact that the price is trading 20% below the halving price, despite BTC making yearly highs, is a joke.
2) The price is at the level of January 1, 2023. Now, almost at the end of 2023, the fundamental conditions are in no way similar to what they were at the end of 2022. Interest rates have stabilized, BTC is rallying, and a BTC halving is around the corner. There's no reason the price should be at the yearly lows given the current scenario.
3) The capitulation event already occurred after the halving on August 17, 2023. Easy liquidity has already been captured.
4) The supply shock from halving is an additional bonus; even without it, LTC's price is pretty undervalued.
5) The price should easily recapture the $100 mark level before the year's end at least.
Litecoin Aiming at the $72 ZoneLitecoin exhibits less dynamism and activity. This can be attributed to the decreased interest in “older” coins from buyers, who seem to prefer new and developed blockchains like the Zkevm, the Layer 2 Blockchains like Cyber, Sei and the likes.
Nonetheless, LTC has come remarkably close to the resistance zone of $70.00-$72.87, opening up the possibility of breaking out of the sideways trend that has persisted for three months.
Should buyers successfully navigate through the current resistance zone, LTC could initiate an upward trend, aiming for highs at the $76 and $79 levels. These points serve as the initial targets for buyers in the event of LTC's growth.
A correction in the BTC chart might similarly impact the LTC price. At present, the relevant support zones are found within the ranges of $66.3-$67.6 and $63.2-$64.8. However, if Bitcoin falls by 5-10% in a short span, LTC could quickly plummet due to the apparent lack of buying strength in its chart (at least at the time of writing this review), easily breaking through all the existing support zones.
💡Trade Idea #LTC/USDT:Another bullish scenario and another leg up on #Litecoin if we gonna get past through this massive daily resistance zone.
LTCUSDT BY HesamUNTHey traders
what u think about LTC ?
im going for 25$. lvl by lvl, step by step
share ur thought and leave a comment
LTC/USDT 1D ReviewI invite you to review the LTC/USDT chart. Starting with the blue lines marking the upward trend channel from which the price broke down, but locally you can see a sideways exit from the yellow downward trend line.
In order to determine support for the price, we will use the Fib Retracement tool and thanks to it we can see that the price is struggling to climb out of the strong support zone from $68.86 to $56.22. If the current zone did not support the price, we could see a decline to the area support at $40.26.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the first significant resistance is at $78.72, and then we have a strong resistance zone from $92.60 to $102.46.
The CHOP index indicates that there is still some energy left for the move, the RSI indicator has a slight recovery and there is room for the price to go a little higher, when we look at the STOCH indicator we see that it has exceeded the upper limit, which influenced the recovery, but in combination with the RSI indicator it may be slight recovery and another increase in the LTC price.
Litecoin Macro Analysis : BIG MovesHi Traders, Investors and Speculators of Charts📈📉
From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis.
By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. I hope your bags are packed because once LTC moves, it's hard to jump onto a moving train.
The bullish signs are:
✅ Consolidation under resistance zone / bullish
✅ Higher Lows - buyers are buying up dips
What's still missing:
✅ Bullish Technical Indicator (Weekly on CryptoCheck START v3.5)
✅ Weekly candle close ABOVE 70
Even thought the price may continue to trade just under the resistance for another while, the next big market cycle is clearly the bullish phase.
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BINANCE:LTCUSDT
LTCUSDT let go thru....After a nice retrace ...LTCUSDT perfectly Bouncing from 200MEA @ 4Hrs...
as per the momentum on LTC, i at least can see a through up till 75$ .... let the BTC decide to pop up or not...
KEEP tight SL
This is jus an IDEAD
Plz do your own research n NAFA
Thank You....
LTC/USDT Break Alert!! Upward Momentum for Litecoin ???💎 LTC has indeed seized our interest, breaking through the Symmetrical Triangle pattern with substantial volume and a robust bullish green candle. LTC successfully breached the resistance zone, which has now transitioned into a support level at $68.30.
💎 However, LTC has not yet initiated a downward movement for a potential retesting phase. At this juncture, LTC is poised to extend its upward trajectory, given the successful breakout from the resistance. It's LTC Probability could reach the supply zone and the bearish OB region.
💎 However, if LTC fails to uphold the support at $68.30 and compromises this level, it may retreat to the demand zone for a significant bounce. Should LTC descend to the demand area and fail to exhibit any bullish rejection or bounce, it risks forfeiting the demand zone, signaling a false breakout. Under these circumstances, LTC would be under downward momentum, potentially heading towards a lower support zone, and might even extend its decline to a critical support area.
LTC - A VERY CRUCIAL TIME - PRE-HALVING
We are at a crucial point right now. Being that we are at wave E of wave 4 it only means one thing, short-term drop in price to $53-50 to complete wave 5 (pre-halving) then the mid to Long-term journey to $150 begins for post-halving effect on previous analysis (see previous analysis on my page for context).
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
