LTC looking for some upside with ETH and BTCLTC trying to hold this pivotal volume area has potential to push up over 2% towards recent highs giving a beautiful 3.6R potential.
LTCBULLUSDT trade ideas
LTCUSDT-In Bearish TrendLTCUSDT in a 1-hour time frame is in a bearish trend and making a series of lower lows and lower highs. We also find a hanging man candlesticks pattern at lower highs which indicates the continuation of the bearish trend.
✴️ Litecoin Detailed Short-term Analysis, Likely Forward Now Ok, we have some really subtle signals but they are visible and can build up pretty quickly.
Litecoin is trying to move forward based on this short-term chart.
- Candles: 17-Jul 4:00 lower low, lower volume compared to 14-Jul 12:00.
- Candles: 18-Jul 12:00 higher low compared to 17-Jul 4:00 session.
- Volume: The buy volume on these last sessions can also be read as early reversal signal.
- Fibs.: Bounce happening before reaching 0.618 fib. retracement.
- MACD: If you open up the MACD by double clicking on it you can see a bullish cross.
- MACD: bullish divergence as well.
These signals can gain additional strength above $93.
A session closing above $93 would lend additional strength to these signals.
- RSI: Some divergence can also be seen on the RSI. The 1H reading was oversold recently.
- Drop: A 22% correction from the latest peak.
This setup can be traded if you enjoy high risk.
Stop-loss below $88.
Hit the boost above it.
Seeing XRPUSD moving up and Bitcoin still ranging at 30K is positive.
I am thinking a long based on this setup myself, not sure if my people will enjoy the risk... Huh.
Thank you for reading.
Namaste.
LTC/USDT | 4h 👀 Ready for a Next Movement 4h Timeframe 🏆
Remember, trading involves risk, and there are no guarantees of profit. It's crucial to conduct your research, perform your analysis, and make informed trading decisions. Consider diversifying your trading approach and avoid risking more than you can afford to lose.
#Cryptocurrency #Crypto #Coins #Altcoins #Finance #Trading #LTC #Cryptomarket #Litecoin #Futuresr
Triangle Pattern Indicates Potential BOLTCUSDT Price Analysis: Ascending Triangle Pattern Indicates Potential Breakout
LTCUSDT gains 150% from recent low, eyeing a 170% rally if resistance is breached.
Impressive Returns and Recent Bearish Trend
LTCUSDT has been trading around the $91.99 level, showcasing impressive performance with a remarkable 750% return from January 2020 to April 2021. However, the cryptocurrency faced a significant hurdle as it struggled to surpass its recent high of $413, resulting in a bearish trend lasting nearly 14 months. Key levels to monitor include $149.84 and $326.83, while a notable weekly demand zone is observed at $45. Despite this, LTC has shown positive momentum since mid-July 2022, recovering nearly 150% from its lowest point.
Current Price Action: Ascending Triangle Pattern and Potential Reversal
Analysing the current price action pattern, LTCUSDT has formed an Ascending Triangle Pattern within the weekly time frame, spanning from April 18, 2022, to July 17, 2023. This pattern, combined with a recent volume spike, suggests a potential trend reversal and increased volatility to shake out weak buyers.
According to the SMC Concept, a pullback around $80 is anticipated, which could initiate order block activities. Moreover, a measured move has been identified based on the pattern's range structure. A breakout above the resistance level at $110.80 could propel LTCUSDT to Target 1 at $190 and Target 2 at $330.
Potential Breakout and Cautionary Notes for Traders and Investors
While the ascending triangle pattern points to a potential breakout, caution is warranted. A bearish scenario would come into play if LTCUSDT breaks below the support level at $75, which could invalidate the bullish view.
LTCUSDswept way lower than i thought it would from 114 tbh
push up towards the end of the month maybe?
trying to reclaim the .618 of the range here
can reassess if we reject the reclaim or hold above
obv hinting at a double bottom here
ASSIGNMENT ON LTC 1D CHECKING WICK TO WICKThis is the LTC chart we have 8 hours to see the efficiency on WICK-WICK or body to body candle support and resistance trend lines on the 1D TF
Litecoin (LTC) formed a bullish Gartley for upto 34% moveHi dear friends, hope you are well and welcome to the new trade setup of Litecoin (LTC) with US Dollar pair.
Previously I shared a long-term trade signal for LTC, which is still in play as below:
Now on a daily time frame, LTC is about to complete another bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Litecoin shortLitecoin broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 77 is possible.
ltc before halving 3 scenarios for LTC
1 scenario :
Rising from the current area, targeting areas above $115
the second
Correction for areas 83, and then the rebound and the rise
the third
Correction for the 77 area, and then the rebound and the rise
Did you like my analysis? Leave a comment, like, and follow to get more
LTCUSDTltc usdt
hello guys,
for my opinion LTC approaching halving in auguts price up to 115+++.
sorry, it's just my opinion..
thanks, not financial advice..
Litecoin Ready to PUMPLitecoin Ready to Pump.
1) firstly dump 94$ to 91$
2) Start to pump 91$ to 108$ (first target)
3) correction 108$ - 101$ ( long short patlatma)
4) pump cont. 101$ to 120$.
5) maksimum target 140-160$... last pump 5 dalga.
Litecoin LTC/USDT Can anyone tell if I have this right? I not pro in this but I think how this will work out.
can we see bullish without btc?
as you see, ltc wanna fly but until now btc cant move, so nothing sure for this long, goodluck
#LTC Intraday (15 MIN) Trade Analysis#LTC Intraday (15 MIN) Trade Analysis.. I am IN with future options for this trade..
use new strategy so can we win?with this trade I use new strategy but It's simple depend on 200EMA so if we can win unless 7/10 trade I will use it in future inshallah
LTCUSD Long Litecoin Strong Bullish signal. Risk Reward 1/2 ... I think big consolidation was ended , now it's time to buy more and more LTC...
LTCUSDTThe moving averages gave two conformations and an entry signal for a sell, take profit is in the zone below.
Exciting Breakdown for Traders: Exploring Litecoin (LTC)Exciting Breakdown for Traders: Exploring Litecoin (LTC)
Litecoin (LTC) is currently trading at $101.04. In terms of other cryptocurrencies, LTC is priced at 0.0032 in Bitcoin and 0.05050 in Ethereum. The price has experienced a 1-hour range of $99.31 to $104.18 and a 24-hour range within the same boundaries.
The real volume of LTC traded over the past 24 hours amounts to an impressive $589M, with reported volume slightly higher at $619M. The volume overstatement ratio stands at 1.0, indicating accurate reporting. The volume turnover rate for the past 24 hours has reached 7.95%.
Litecoin has demonstrated impressive returns on investment (ROI) over the years, showcasing its potential as a valuable asset. In 2020, LTC recorded a staggering ROI of +199.07%, and in 2017, it skyrocketed by an astonishing +4974.24%. While 2018 witnessed a decline of -86.64%, Litecoin remains an asset to watch closely for potential gains.
Risk assessment is crucial for traders, and Litecoin showcases favorable risk metrics. The Sharpe ratio, which measures risk-adjusted returns, stands at 3.42 for the past 30 days. Over the past year, it has been consistently positive, with a ratio of 1.30. Volatility has been relatively moderate, with a 30-day volatility index of 1.17.
The reported marketcap for Litecoin currently stands at $7.41B, while the outstanding marketcap is slightly higher at $7.45B. The realized marketcap, reflecting the value actually experienced by investors, is $6.96B.
Over the short term, LTC has experienced a minor decrease of -0.24% in the past 24 hours. However, the coin has shown strength over longer periods, with gains of +3.20% in the last 7 days, +38.60% in the last month, and a notable +97.72% over the past year. These figures highlight the potential for favorable returns.
Litecoin reached its all-time high (ATH) of $410.14 on May 10th, 2021. Since then, it has retraced approximately -75.36%. However, it's essential to note that LTC has rebounded strongly from its cycle low of $40.56 on June 14th, 2022, achieving an impressive +149.12% increase since then.
Litecoin boasts a current circulating supply of 73,346,939.23 coins, with an outstanding supply of 73,355,958.26 coins. The active supply indicates vibrant market participation, with significant amounts of LTC actively traded over different time frames, ranging from the past 24 hours to the past 10 years. The supply distribution showcases a diverse ownership structure.
Litecoin's mining network exhibits a hashrate of 0.81 kH/s, with approximately 8.76% of the hashrate available on NiceHash. The average difficulty level stands at 25,873,511, indicating the competition among miners.
The Litecoin network boasts 8,651,345 addresses, reflecting widespread adoption and usage. Notably, there are 116 addresses holding a balance greater than $10 million, demonstrating significant institutional participation. The number of addresses with a balance above $1 million, $100,000, and other thresholds further underlines the coin's wide ownership.
Network Activity
Litecoin's network exhibits a bustling transaction volume, with $1.34bn in transactions conducted over the past 24 hours. The number of transactions and block-related statistics showcases the active engagement of participants.
Litecoin's Strength
Amidst this exciting breakdown, it's crucial to note that Litecoin is exhibiting real signs of strength, with positive returns, favorable risk metrics, and a robust level of network activity. The coin's historical performance, coupled with its current market indicators, make it an asset worth considering for potential trading opportunities.
Remember, as with any investment, it's essential to conduct thorough research, analyze market conditions, and consider your risk appetite before making trading decisions. Happy trading!
LTCUSDT: Movement for 100$According to Elliot's theory, we are now completing the 5th wave (a, b, c), which from the current values can bring a potential 10% increase. The targets of wave 5 (b) are indicated on the chart.
Good luck and profit to all✅ If you like it, subscribe and like.
LTC - Buy opportunityBINANCE:LTCUSDT
Hello trader! I am glad to share my idea about this pair.
Just remember to manage your capital while trading. No matter how perfect your trading system is, the way you mange your risk is the key to be a consistent trader. The winning trader is always a consistent trader.
Daily: Price is retesting strong support area. Expected to bounce from here
H1: Price is already breakout from trend line and now it is coming back to retest. Time to buy
LTC/USDT SHORT IDEAthere was a fakeout on the daily timeframe and now it is at its strongest resistance again, if rejection occurs there is likely to be a significant decline and has the potential to return to support
Litecoin looks strong after breaking key MAsBINANCE:LTCUSDT
The long tail on Litecoin's July 10 candlestick indicates that the bulls aggressively bought the dip below the 20-day EMA ($95).
To signal the beginning of a sustained recovery, buyers will need to overcome the barrier at the psychological level of $100. Subsequently, the LTC/USDT pair could advance to $106 and then aim for the overhead resistance at $115.
On the downside, the critical level to monitor is the 20-day EMA. If this level fails to hold, the pair may decline to the 50-day SMA ($89), potentially delaying the start of the next upward movement.
