LTCUSD.P trade ideas
90$ Litecoin incomingevery detail and reason is on the chart:
We saw a correction happen till $58, then from the change in drection, accumulation has been happening.
We saw a bullish flag or abc flat correction around price 68 and 60 dollars happen, then from there had a bullish impulse to $75, off which we have been in a correction since.
The correction is complete with WXY as seen on the chart, now we are entering the Impulse cycle as seen with abc micro cycle completing and allowing for buy orders on the current price.
So from here Im expecting litecoin prices to skyrocket or moon for the moon-boiz.
buckle up this is gonna be a long ride..
LTCUSD - Huge Long OpportunityThis is a pretty straight-forward chart, CRYPTOCAP:LTC seems to have bottomed and sitting on a 5 years long support.
LTC hasnt been talked about much lately but it seems to be actually still being used for payments and more than we all think; according to a report by Bitpay, LTC was the most used cryptocurrency to make payments on Bitpay, with 34% of the payments being done through them, and apperently it wasnt the first time. The second crypto is Bitcoin, if you were wondering.
Lets look at some data;
- There are 7.8m LTC addresses with a balance.
- approx. 800k daily active addresses.
- On December 18 2023, there was an ATH of 980k txs and averaged a 700k txs per day for over a week. Looking at the previous ATHs, there was always a surge in price during these times.
The above data is super bullish for a coin that only has 4.8bn market cap with incredible tract record and traction.
Considering there is no centralised management for this coin, just like BTC, I wouldn't rule out a surprise ETF application for LTC as well, of course after BTC ETF narrative.
The fundamentals are just right, the chart looks great. Worth taking a risk here.
Let me know if you agree or disagree with this idea in the comments. I would love to see some other ideas that prove or disprove this analysis.
LTCUSD: Pro-Bullish, Watch RetraceHello Everyone,
LTCUSD is showing considerable strength in its current trajectory. However, it's important to approach with caution as there's a possibility it could retrace to 1M support levels.
TradeWithTheTrend3344
Litecoin LTCUSD Major Multi-Year Breakout? $400+PT On Deck???As many of y'all know litecoin hasn't been the greatest performer over the past couple of years, and at times even appears to have wanted to breakdown lower, but i've been seeing things from a bullish point of view and there's a few reasons why:
1. Consistent higher lows, which means there's more people holding & accumulating than the previous low
2. Extreme undervaluation relative to Bitcoin
3. One of the few trustworthy Altcoins that's not a scam, has stood the test of time, and fun fact: is a direct fork of the original bitcoin but with improvements that make it superior in multiple areas
And something interesting has happened on the latest weekly candle: we're breaking a major downsloping supply line that was first established when the downtrend began, and now while there's some overhead resistance above, if this truly is a new bull cycle then it should have no problem running to at least the previous ATH of $400+ ideally within 6-12 Months.
Do not underestimate Litecoin (1000💰)Hi everyone
One of my old and favorite currencies is Litecoin
In my opinion, his position should be higher than this
The first target is 115
The second target is 230
The third target is 380
If it can break the blue line and stabilize, there is a high probability that we will see 1000 dollars
Good luck
LITECOIN making the Cyclical Bullish breakout you MUST NOT MISS!Litecoin (LTCUSD) has managed to make a Triple Bullish Break-out as not only did it break above the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line), both of which have been Resistances since August 2023 but also above the Lower Highs trend-line that started at the May 10 20221 top of the previous Cycle.
This constitutes a Cyclical Bullish break-out because as you can see, every time LTC broke above the Lower Highs trend-line in the past 2 Cycles, it confirmed the official start of the parabolic rally to a new All Time High (ATH).
Our target is $450, which is just below the ATH Higher Highs, a level that has been hit on both previous Cycles. If broken, LTC can even reach as high as $700 or even $1000 (1.382 Fibonacci extension) but those are overstretched technical levels that would require extremely positive fundamentals.
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LTC Breaking the Bull FlagToday, LTC is breaking the bUll Flag. It's been printing, and, I think we will have these next fib-levels to look for as stop losses or profit points. However you trade, enjoy it. And THIS IS NOT FA. DYOR.
Litecoin/dollar Multi-Year Breakout; Expansion to 4-digitsThe idea is simple.
There are numerous converging tailwinds that suggest LTC/USD faces a radical repricing event in the weeks ahead. Not all data points have been listed here (see chrisoncrypto.com or my pinned post on X for more).
Typically, LTC/USD experiences a drawdown post-halving, but that drawdown is historically temporary, and precedes the coin's bull-market move. Halving dates have not been added to this chart, I invite you to check them out though. Instead, we draw attention to a curious cyclical pattern that tends to lift-off around the 44-day threshold since the crypto's launch on Bitfinex.
Curiously, on-balance volumes did not deteriorate significantly during the bear market either, and have in fact held up amidst a bout of accumulation between the $60-$100 level.
The multi-year symmetrical triangle measured move offers a price-target of around $2,200-$4,200. If it sounds implausible, imagine if it was a 5-minute chart.
Another bundle of data points, which have been significantly trimmed in order to adequately show price-expansion targets is the Master Network Value Model; which uses several on-chain metrics such as total addresses, tx counts, hashing power and others to project fair value.
For more info, feel free to follow along on X. @chrisoncrypto1
This might be it for LTC4H chart and RSI looks very good, I don't think there's gonna be anymore wicks down, but I don't wanna say never.
We might have hit bottom on LTC/USD pair, but not on LTC/BTC.
Not yet LTCI just noticed a test on resistance. I think LTC will need to test support 1 more time in order to break the current resistance
Litecoin, Breakout Of Channel, Continuation When Confirmed!Hello Traders Investors And Community, welcome to this analysis about the recent events happening in litecoin, the current price-action and where the crpytocurrency-coin can continue further in the the next time. Recent occurrences in the cryptocurrency-space made provided mixed signals in the different crpytocurrencies, while the major bitcoin is still under a significant resistance level which hasnt been taken out yet there are coins like cardano or ethereum which made an new higher high already. One of the coins which provided some interesting signs on the surface and that can lead for some profitable opportunities soon is litecoin, therefore we are looking on the technical side of things in the 4-hour locally timeframe.
As you can see in my chart litecoin recently formed an huge and meaningful downward-direction-channel with its low at 39.5, in recent mechanisms the price just broke out this downward-direction-channel with some good and solid volatility to the upside. As it made a new high in the structure at 47.9 it experienced a bearish pull-back now, at the moment it is within the likelihood spectrum that this pull-back will continue to the downside as soon as we get some fundamental support to stabilize in the structure, the next important support will be the lower boundary of the downward-direction-channel and the coherently confirming 300-EMA which you can see marked in blue.
When we reach these levels and confirm them as support there is a good chance given that litecoin sets up to form some legs to the upside, be sure that the needed support-levels confirm properly otherwise when we fall below the 300-EMA and into the downward-direction-channel, this will add a bearish shape to the structure and more downside is possible. But when we confirm it rightly as support the targets you can see are activated and the middle-term-target is reached when we dont get any significant bearish pressure on the way which will alter the dynamic, the whole long-term-target of the downward-direction-channel is even higher so it will be interesting to see how litecoin reacts in the upcoming resistance.
Overall we can expect that litecoin is one of the decent coins at the moment but although with good upside potential especially if we take out important resistance-levels. The whole cryptocurrency market is sending mixed signals for now and we need to elevate where the journey is heading, also I discovered that the equality between the coins gets a higher spread this can lead to a dynamic which will change the market in fundamental ways as some coins loosing public demand and others get a boost of new fresh liquidity similar to the stock-market where there are big differences in stocks, traders and investors should be prepared for this and dont fall for the illogical approach to trade just anything and overconjecture the situation seen too often these days.
In this manner, thanks for watching, support for more market insight, also you can follow my social networks which you see in the signature for more in-depth, appreciate my friends! ;)
A wise thing that makes sense and needs to be encouraged is to strive for greater enlightenment in the modern markets.
Information provided is only educational and should not be used to take action in the markets.
Litecoin - Looking To Buy Pullbacks In The Short TermH4 - Bullish trend pattern.
Higher highs.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
Will History Repeat Itself?Is it truly a bull market if LTC doesn’t start pumping?
I have a pretty detailed memory of 2017. Holding 50 LTC i bought at $45 in April, not hitting any profit on it and watching everything else blast off. Ended up selling it out of frustration. A few weeks later it hit $100 and after that you can see it on the chart.
If history is repeating, then LTC should start seeing some of that summer loving.
Litecoin (LTCUSD): Another big long-term opportunity incomingLitecoin (LTCUSD): BINANCE:LTCUSD
For Litecoin , the analysis starts from December 2018, focusing primarily on the activity from 2021 to the present. It indicates that the major Wave II concluded at $41.60, and currently, Litecoin is in a major Wave III that is expected to exceed $413, representing a potential increase of 450%. This projection is based on a detailed examination of the coin's performance after the first two bull markets, suggesting significant growth potential within this cycle.
The strategy involves waiting for an opportune moment to enter the market, aiming for long-term holding rather than immediate action, based on the completion of sub-Wave 1 and 2 in red, with Wave 2 ending at $57.71. The current phase is believed to be within Wave 3, anticipated to reach between 161.8% and 361% extension, equating to a price range of $162 to $290. The upper limit of $290 is considered the maximum for this Wave 3, as going beyond would be unusual and not align with typical Wave 3 behavior.
By zooming into the 4-hour chart, short-term entry points are being identified, noting that Wave ((iii)) in black has already developed a smaller sub-wave and is currently in a minor Wave (iii) in blue, expected to significantly increase shortly. Our plan now is to wait for a correctional Wave (iv), which may take days or weeks to materialize, at which point a limit order will be placed for our long-term investment, as we missed the end of Wave 2 due to the timing of our analysis.
LITECOIN ON THIS DAY 7 YEARS AGO WENT STRAIGHT UP FOR 14000%The chart speaks for itself. This is the beginning of the massive parabolic rally for Litecoin. There is going to be massive swings on the way up so be prepared for that as people take profits thinking they know where the top is. Psychological numbers like $500, $1000, $2000 etc those may be stall points and drops but it'll quickly rebound. Once all the Bitcoin is bought up what do you think these big players are going to buy? You think they will buy all these unregistered securites or will they buy the crypto that has the green light by regulators? I think the answer here is simple. This next cycle will last longer and this target of around 10k could actually be just the first stop before going higher, I dont know. Once Litecoin enters price discovery, there is no telling where the top is. Im assuming around 10k unless it gets as much adoption as Bitcoin or close to then the price could be closer to $50k.
Call me crazy I dont care, I dont care about your market cap nonsense, or Litecoin is useless or dead, or whatever. Go elsewhere this is not the place for you. We are way ahead of your little mind, we know what is about to happen and we'll see you at the top. Bring a washcloth to clean your face
$250 LTC very much possible according to my analysisLTC charts looks very promising and it hasnt moved along with BTC very much.
very good spot to buy some LTC.
for a potential 200% or more profit.
please manage your own risk
this is not financial advice.
LTC/USD: Bullish Bias Amid USD DevelopmentsHello Everyone,
The LTC/USD pair has experienced surprising fluctuations lately! News related to the USD in the upcoming week is expected to provide clarity on the situation. Recent events have led to a shift in perception towards a more bearish outlook for the future direction. Despite this, support levels have demonstrated resilience, maintaining stability for the time being. Our focus is currently on maintaining a stable position above the weekly pivot point.
TradeWithTheTrend3344
Lite coin hey guys, I am in on long side
and its my risk if you want to follow my trade you have to manage your risk
LTC respecting a clear triangle, where to next.It's a clear triangle ... ichi cloud twist at the very end ... which typically marks a big move in direction.
Sentiment on LTC has been somewhat bearish ... for sure lack of trading ... but if this moves upwards, it may spark a lot of interest. This is now a low-cap alt, but one with legacy. Doesn't take much money to move it to some much higher values.
Let's see if it gets some much needed (and deserved?) attention.
Not trading advice, I'm not providing financial guidance. Your money, your decisions, your risks.
The Past and the Present look awfully familiar Self explanatory
Blue chart is the LTC price action from 2015-2017
Red chart is the LTC price action from 2018-2024 (present)
LTC/USD: Stability Above 1D & 1W PP Key for UpsideHello Everyone,
For LTC/USD to validate further upward movement, it's crucial for it to establish a solid and consistent position above the 1-day and 1-week Pivot Points (PP). Currently, the projection from last week remains intact, emphasizing the need for stability and confidence in these key levels to affirm potential future gains.
TradeWithTheTrend3344
LTC long to new ATHHello
Last two halving was without new ATH. So in my opinion this time it will be different, I looking it at few currencies and for example XRP has similar signal.
