Get started
Litecoin / US Dollar Perpetual Quanto Swap ContractLitecoin / US Dollar Perpetual Quanto Swap ContractLitecoin / US Dollar Perpetual Quanto Swap Contract

Litecoin / US Dollar Perpetual Quanto Swap Contract

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

LTCUSD.P trade ideas

LTCUSD - Corrective since 2017?Little Litecoin, which most people have forgotten about, remains one of the alts that tends to lead the pack (along with DOGE) when an alt season starts. It saw a move from basically sub-$4 up to $420 in 2017. The mania was huge and as you can see in the volume indicator in the lower panel of my chart, there was a large amount of volume concentrated in about a 2 week period in early December 2017. Volume in the first half of 2021 was fairly steady the whole time and as we look back, we can see clear signs of distribution as volume only picks up when price is negotiated back to higher prices. Right now, volume is nonexistent and chances are we will see a steep fall in the coming weeks. Short term, however, going into next week, LTC may see a move up to $90 which would be a $20 markup from where we are today. Ultimately, as BTC.D rises, even if BTCUSD falls, LTC and many other alts will suffer even more. I'd take any longs with care down here as we're seeing some signs of exhaustion and even starting to see some hidden bearish divergence on these high timeframe charts. The high timeframe charts tell the story, but lower timeframe charts are what will help you get a decent entry. Be cautious going into the new year. IF (when) the lows come in, they'll likely be around $20-$25 and that would be several weeks before the next halving. We'll take this a week or two at a time, however, expect significant markup going into the halving which takes place on July 19, 2023 currently.
COINBASE:LTCUSDShort
by bitdoctor
6
✴️ Litecoin Potential Bullish PatternWhen we look at the last three candles on the Litecoin vs USD chart (LTCUSD) we have a potential reversal pattern... Not yet complete/confirmed. If Litecoin were to close daily/today above $66 this would send out a strong bullish signal. Support was found at the 0.5 Fib. retracement level. While this isn't the 0.618 nor 0.786 Fib. level, when a pair is really strong it can recover sooner such as 0.5 or 0.382 Fib. This is the case with Litecoin. We know it has been strong because it moved ahead of the entire market. Another signal is a hidden bullish divergence short-term. Looking at November vs December, LTCUSD hits a higher low. The RSI on this same date hits a lower low... This is a hidden bullish divergence and while a short-term one it is really strong. There is growth potential. Higher lows tend to lead to higher high... So prepare! Namaste.
GEMINI:LTCUSDLong
by AlanSantana
14
LTCUSD ABC correction nearing completion?after 5 waves up we are seeing a massive ABC (variation of) correction and completing the 5 waves of C imho IF this count is correct, and BTC tumbles to new lows (or at least test previous lows) i think its fair to say we will see market wide corrections Some Key Levels of Significance: -$48.88 -$40.27 -$29.52 -$22.83 in particular if this current structure is a true bear flag, i will be most interested in a buy at the ~$30.00 level not financial advice, just thoughts and notes for me to compare in the future.
COINBASE:LTCUSDShort
by astoinis
1
Litecoin-Crypto Technical Analysis if Bitcoin resets to 5k.If Bitcoin is resetting its overall trend and goes to sub or around 5000usd, i was checking what would happen to altcoins? Ultimately Bitcoin rules the overall criptocurrency not compulsory though, i took Litecoin as good example since it is one of the oldest blockchain and its chart pattern looks quiet simple and good. This doesn't mean all the altcoins perform same way, but may be few altcoins outperform Bitcoin. This Analysis is only based on "If Bitcoin resets its trend to 5k". (Based on this scenario Litecoin may go to or around 180usd and back to sub or around 5 dollars where its maximum volume exists. according to double top pattern the length of breakout to top and the same length to bottom, as in the rectangle box.) Or There is a possibility that if Litecoin maintains that blue parallel channel it may also go in the upward direction (green arrow line in the Double Top pattern example).
BINANCE:LTCUSD
by nmchary
Litecoin in Redistribution?As this is something we've discussed live extensively during streams, I wanted to take a moment to outline a "live" setup for Wyckoff Redistribution. In this instance, the target is Litecoin ($LTC). First let's discuss what Wyckoff Redistribution actually is, starting with a link to the pattern itself . Wyckoff Redistribution is a way to truly make sense of what's happening with particular assets. As many already know, trading is hard! What makes it especially hard is the trickiness that happens so tricky. Many times our emotions will tell us to "buy" or that things "FEEL bullish" right before a big selloff. Viewing things in the context of Wyckoff helps us strip away the constant smoke & mirrors & determine what's truly going on. Here are the key steps & triggers as I see them (Note: ORDER MATTERS): 1) Identify a sustained downtrend (usually -30% or greater) 2) Identify a period of time where price appears to go sideways on the macro time frame (daily candles, with downtrend and sideways each lasting months) 3) Identify the formation of key horizontal(s) where price keeps selling off consistently (short stops & long triggers are being built here). * This is often the trade range highs. 4) Identify a LACK of lows being run. * Running the lows is a BULLISH indicator, whereas NOT running lows is BEARISH. Redistribution is BEARISH. 5) After sustained consolidation, watch for the before mentioned horizontals to be BROKEN. * This is what gets shorts to close and longs to pile on, as a trick. 6) After the breakout, watch for price to close BACK under the key horizontal identified previously. * Breaking back into the range, rather than consolidating at the highs, is a key difference between the UTAD of Wyckoff Redistribution & the "SOS" consolidation of Wyckoff Acummulation. 7) At this point, your sell/short entries trigger & the anticipated price drop is from the failed breakout horizontal down to the range lows. * The stops here would be back above the range highs 8) After this move, the market often rallies off the lows in some bearish form (dead cat, Rising Wedge, H&S, etc) where it then falls below the range lows as it heads downward toward its next target. This concludes the lesson on trading Wyckoff Redistribution. If you have any questions or suggestions, feel free to reach out to me via socials. GL
BITFINEX:LTCUSDShort
by Crypt0Jack
4
LTCUSD Potential for a 25% ShortWith a descending triangle closing up on Litecoin, a Short signal produced from Crypto Tipster v2, and a current price trading slightly higher than the nearest support, it's looking likely there could be a potential drop coming for LTCUSD. The nearest support being around 25% lower than the current price this could a great opportunity to grab yourself some easy gains. We'd probably set our stop just above the current downward trend line to ensure minial losses if the price did move against us.
KRAKEN:LTCUSDShort
by theCrypster