LTCUSDT LTCUSDT was trading in downward channel. After accumulating volumes from demand zone, it finally broke through declining trendline.
Will it continue its bullish trajectory?
LTCBULLUSDT trade ideas
LTC Correlation with previous ideas . Looking for us to enter the weekly cloud.
Prevailingnine 5.15.23
LTC: Approaching SupportLitecoin (LTC) technical analysis:
Trade setup : Price got rejected again (3x) at $100-$105 resistance zone and pulled back to $80 support and 200-day moving average. So far it appears to be holding that level and could swing back up to $100 again. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, then $105.
🔥 Litecoin Bullish Triangle: Support Held!Litecoin has been in a long-term bullish trend since the FTX drop back in November of last year. As seen on the chart, there's a strong diagonal support which keeps on holding and sending LTC upwards.
After the big drop a couple of days ago, the support has yet again not failed us. With a bullish reaction to the CPI I'm looking for a move towards the top resistance of the bullish triangle.
Too early to say whether we're going to break out from it. All we can see is that LTC looks like a decent shot for a long-position.
Ltc Channel Range Ltcusdt
Expecting a rejection on first resistance
In my opinion ltc will fly after retesting the lower support
Dyor
LTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower (im in pos from 77.3,my stop in breakeven but if i get stop i will reopen,until we above 65 main targets 120-130 is relevant)
Targets: 105 - 115 - 125
after first target reached move ur stop to breakeven
Stop: ~66 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
#LQR #TOBTC #LTC Scalpe Resistance Areaat this moment LiteCoin are in Critical Zone PDC 81.50
however there a Fast Scalpe Area are in chart Around Price 86.11 - 87.41 you may add this level to you\r watchlist and use it wisely
Litecoin - Scenarios To Watch 👀What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the Litecoin 1H chart.
Let's dive right in...
Ticker: LTCUSDT
Date: 05/12/23
Timeframe: 1H
Supply: 83.82-85.24 (1st red zone), 89.07-89.86 (2nd red zone)
Key zone: 81.41-82.00 (grey zone)
Demand: 75.18-77.74 (green zone), 65-67.58 (green zone)
Commentary:
LTCUSDT seems to be one of the few cryptos that have established a low on this move down and continues to respect demand down at these lows. This means it could be one of the tickers to play now that we have established new demand and supply levels.
Currently it seems to be respecting this ~82 level grey zone as supply but if this 75.18-77.74 demand holds up it is only a matter of time that this zone gets broken. There are a few trades we could target from here:
✅ Bullish Scenario 1: you want to see price pull back into the demand zone ~75.18-77.74 and buyers to emerge again for an upside move, possibly into ~81.41-82 key zone or higher into supply at ~83.82-85.24. This is the safer upside play.
✅ Bullish Scenario 2: you want to see price break above ~81.41-82 key (grey) zone, pull back to retest this zone and turn it into demand to catch a break and retest for a further upside move, potentially into supply at ~83.82-85.24.
✅ Bullish Scenario 3: you want to see price rally and break both this key (grey) zone and supply level at ~83.82-85.24, pull back to retest ~83.82-85.24 zone and turn it into demand to catch a break and retest for a further upside move potentially into next supply at ~89.07-89.86.
🟥 Bearish Scenario 1: you want to see price approach this key (grey) zone at ~81.41-82, sellers to regain control as they have done since Wednesday this week, and possibly catch a retest of this zone into demand at ~75.18-77.74 again. This will be the safer downside play if it sets up soon.
🟥 Bearish Scenario 2: you want to see approach supply at ~83.82-85.24, show weakness, possibly retest this zone and reject again for a move down into the grey zone or further down into demand.
🟥 Bearish Scenario 3: you want to see price break below demand at ~75.18-77.74, pull back up to retest and turn this zone into supply for further downside into March lows. There is a demand zone at ~65-67.58 so be cautious of that.
That's all we got for you in this one.
So what do you think? Are you bullish or bearish?
Let us know in the comments below!
We'll see you in the next one.
-The AlgoBuddy Team
LTCUSDT: Bullish Breakout Confirmed with Pitchfork Analysis and Litecoin (LTC) has recently broken out of a descending pitchfork pattern against Tether (USDT) on the daily chart, indicating a potential bullish reversal. The price has successfully broken above the upper median line of the pitchfork, with the pitchfan analysis also confirming a bullish trend. The price is currently hovering above the 50% pitchfan level, which serves as strong support, indicating a potential continuation of the bullish trend. Additionally, the price is trading within a defined range, with a clear resistance level of $95 and support level of $77. Technical indicators, such as the RSI and MACD, are also showing bullish signals, with a potential move towards the next resistance level of $95. Traders should consider long positions with a stop loss below the support level of $77, targeting the resistance level of $95. However, if the price fails to hold above the support level, it could indicate a potential bearish reversal towards the next support level of $65. As always, it's important to closely monitor the market and adjust your trading strategy accordingly."
***********Please read this below ***********
"This analysis is published for informational purposes only and should not be considered as an official financial or investment recommendation. Users are solely responsible for determining their own trading strategies and making their own decisions. Do not rely solely on this analysis/recommendation and evaluate personal risks before making any trading decisions."
LTC 🌩️ BNB 🌴 Where is BTC Headed?ATTMO's forecast suggests stormy weather ahead for Litecoin 🌩️, with a downside risk for the cryptocurrency. In contrast, Binance Coin is experiencing 🌴 tropical and very bullish weather today with significant upside potential.
Bitcoin is currently facing 🌧️ stormy weather, but ATTMO predicts ☀️ sunny skies for the next 24 hours, which could support the world's largest cryptocurrency and translate to an imminent market rebound. The sharp decline in Bitcoin's transaction fees could also contribute to this positive trend.
Over the next week, ATTMO expects a slightly bullish market with some upside potential for both major cryptocurrencies - Bitcoin and Ethereum . Additionally, an imminent market rebound is predicted for Dogecoin 📈.
LTCUSDT road to 100Hello everyone. Today we will look at the global picture of LTCUSDT. On the daily timeframe, the coin looks very good. So he wants to break through the level of 100. At the moment, the price is bouncing off a strong trend line, which has been holding the price for almost six months. The target is at least up to our resistance level.
LTC/USDT 4HInterval in correctionI invite you to review the LTC chart in pair to USDT, so on the four-hour interval, we will mark the downtrend channel in which the price is moving with blue lines, but here we can observe that during today's review we are witnessing a strong market rebound.
Moving on, we can move on to marking the support areas when the initiated correction begins to deepen. And here, the first support that is currently holding the price is at $77.61, the second support is at $74.9, the third support is at $72.71, and we still have support at $70.46.
Looking the other way, we see that we need to go through a big strong resistance zone from $79 to $83 first, then we have resistance at $85.17 and then move towards $91.41.
Please look at the CHOP index, which indicates that a lot of energy has been collected, MACD indicates that despite the correction, we maintain a local uptrend, while the RSI after today's increase is a strong rebound.
#LTCUSDT #LQR #TOBTC #LaqiraProtocolThe structure is Generally bearish.
EMA 200 resistance and leading span B ichimoku on the way of price If pullback.
you can open short after confirmation.
The first support is dynamic Level.
and the next support is the static Level on the specified chart.
LTCUSDT - Short by High Low Pivot & 2 EMAs 5/10/20231- Short trend when Swing Low (1) & EMA 21 under EMA 50.
2- Swing Low(2) is continue & High still under Swing Low (1).
3- Opens a Sell with Stoploss at Highest price (Swing High) between Swing Low (1) & Swing Low (2) (Rule to find Stoploss).
a/ Moving stoploss when occurs Swing Low(3), Swing Low(4)(5)...
b/ Wait to retest previous swing low if ratio of Reward > Risk (>1).
LTC - Here comes the funWe see a smaller timeframe accumulation just to see another drop down.
I am planning to short it.
Taking in mind that the real bottom still might be not done yet makes me wonder how possibly low shitcoins might go?
I personally strongly respect LTC, but it is not played by the big boys.
And if they are interested to accumulate BTC by a decent price i don't think Composite Man has any plans to accumulate any of LTC. And if so how far panicing retail might drop the price?
Will we see $40 again?
The most funny times are around the corner!
Bullish SHARK and abcd• Bullish shark pattern
• Bullish abcd pattern
• wait for close candle below and above Gann square ( better )
Ltc | Update Ltcusdt
As we can clearly see that ltc lose the horizontal support
Next big support zone is 77-73 and this one will be the best for mid term entry
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LTCUSDT had a false breakoutLTCUSDT had a false breakout from the daily resistance inside a rising wedge on the 100$ area. This false breakout indicates that there was not enough buying pressure to sustain the price above the 100$ level, leading to a potential price reversal.
According to technical analysis, the price of LTCUSDT could create a new pullback into the 92$ area where the price has resistance. This pullback may occur as sellers take profits, leading to a decrease in buying pressure and a potential price decline. If the price does indeed pullback to the 92$ area and breaks below this support level, it may signal a potential new bearish trend.
As per Plancton's Rules, new short positions may be considered once the price breaks below the 92$ support level.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
#LTCUSDT #LQR #TOBTC #LaqiraProtocol• Support and resistance are specified in the chart
• Levels are obtained from the intersection of the fib and static levels
• You can open a position after confirmation
• This analysis is not an offer to buy or sell
LTCUSDTIf the trend line of the two hundred blue moving average of the daily time frame is broken, the price may fall to point X. 61.43
LTC: Update A Move Below 84.20 Could Push Price Down FurtherLTC: A Move Below 84.20 Could Push Price Down Further
LTC is reacting very well to bearish moves as we can see.
As expected, the bearish volume was still high and we can finally see that LTC is moving further below 84.20 and it can move even lower.
You may find more details in the video!
Thanks and good luck!
LTC ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
