LTC/USD Faces Bearish Pressure After New One-Year LowHello, LTC/USD recently hit a new one-year low at 50.085 and has since experienced sideways movement. All indicators suggest a bearish continuation unless we can maintain a stable position above the one-month pivot point. TradeWithTheTrend3344 by TradeWithTheTrend33441
Litecoin — ATH scenarios for 2024 and 2025Often referred to as "the silver to Bitcoin's gold," COINBASE:LTCUSD is the 2nd-oldest cryptocurrency, forked from the Bitcoin protocol in 2011, and engineered for fast, secure and low-cost payments. The next LTC halving is expected to happen on August 2023.Longby maxtyUpdated 5517
A CLEAR change of direction on litecoin, to clear the liquidity A clear of change of character spotted in 4hr timeframe, using the premium fibb tool area, to measure if it has picked up the premium buy in area, then looking out for change of character in 1hr, and redefine the area of interest.Longby adelowoadeshola112
LTCUSD View!!Japanese investment firm Metaplanet declared Monday that it to its portfolio for 1 billion yen ($6.7m). This acquisition raises the firm’s total Bitcoin holdings to 639.5, valued at 5.96 billion yen, or about $40m. *Metaplanet purchases additional 108.78 * — Metaplanet Inc. (@Metaplanet_JP) Bitcoin-Focused Treasury Strategy Mirrors MicroStrategy’s Approach Metaplanet has for a while been aggressively pursuing a Bitcoin acquisition strategy. This move marks a shift in how it manages its corporate treasury. Metaplanet, also known as “Asia’s MicroStrategy,” appears to follow the bold Bitcoin investment approach championed by Michael Saylor.Longby FXBANkthe80552
The final minutes of overtime - LTC - POWPoW vs PoS / proof of scam we see value in hard work the good in good we trust work for the future and work will set you freeLongby Xnow-Vice6
Litecoin (LTC), imminent collapse to $30?And possibly below $10 after that? Most if not all Alt-tokens have returned to their 2017 lows with 95% to 98% corrections since 2021. Pick any token popular at that time: 1) DASH.. 95% correction with a return to $25 in 2023 as it was in 2017. Inflation adjusted, the price should be $19! A bucket of expired sardines in a Norwegian Fish-market has gained more value. 2) XLM -90% 3) HBAR -95% 4) ADA -95% 5) NEO -95% 6) ETH -75% (massively bearish still!) 7) SOL -96% It is everywhere you look, 95% corrections are all over. Currently Litecoin is at an 85% correction. 95% takes price action to $15. Inflation adjusted, less than $10. The technical analysis also supports the outlook. On the above 10 day chart: a) A significant trend-line support has broken (orange line). Over the last 10 years Litecoin has enjoyed a continuous uptrend. The support has now failed AND confirmed. Yes price action could rally to $130-140, the bulls would get excited. Regardless, breaking this confirmed resistance will not be easy. b) The 2nd bear flag breakout. It has confirmed. A 70% correction from the exit point measures to $28. c) If support at $28 does not confirm, the next support is just under $10, the full 95% correction like everything else. Is it possible price action continues sideways? Sure. Is it probable? No. Ww by without_worriesUpdated 485485110
LTCUSD Bearish GartleyOn the daily chart, LTCUSD formed a bearish Gartley pattern. At present, we can pay attention to the resistance near 71.5. If it rebounds and does not break, we can consider continuing to short. The downside target is around 62.0. After breaking it, the support below is around 59.0.Shortby XTrendSpeed3
Head Winds at 74Nascent break above the AVWAP. I see head winds at 74 with a support area turned to resistance.Longby Davy_Dave_Charts4
Litecoin consolidation: what to expect █ OVERVIEW For now, the market seems indecisive, and LTC is trading within a well-defined range. Watching for a clear breakout above or below the current support and resistance levels is essential for understanding the next potential move. █ CONCEPTS 1 — Trendlines Downtrend: From the all-time high in 2021, Litecoin has been in a clear downtrend, marked by a series of lower highs and lower lows. Each subsequent peak has been lower than the last, indicating bearish momentum. Current Range: LTC seems to be consolidating within the $51.71 to $66 range. The sideways movement indicates that the downtrend might be losing steam, but a breakout is yet to be confirmed. 2 — Support and Resistance Levels Current Range: The price is hovering around $66.22, which is just above the $51.71 support level. The range between $51.71 and $66.22 represents a support zone where buyers are stepping in to prevent further decline. Resistance Levels: Immediate resistance appears to be around $112.37 (the next target if price breaks out from the current range). Higher resistance points are at $142.71, $161.10, and $188.68. 3 — Volume Analysis Volume : The current volume, as noted on the chart, is 94.883K, which appears relatively lower compared to the previous spikes seen during significant price movements (especially the rallies in 2021). This decrease in volume suggests that market participation is lower, indicating possible consolidation or indecision among traders. If volume increases during a breakout (up or down), it would confirm the direction of the move. Watch for spikes in volume around key levels, as these would signal whether the price will break through resistance or fall below support. 4 — Moving Averages (MA) Short-Term Moving Average s (e.g., 50-day): If LTC is currently trading below the 50-day moving average, it indicates bearish sentiment in the near term. A crossover above the 50-day MA would suggest a potential reversal. Long-Term Moving Averages (e.g., 200-day): LTC may be trading below the 200-day MA, which typically signals a longer-term bearish trend. If the price moves above this level, it could indicate the beginning of a recovery phase. 5 — Chart Patterns Descending Triangle: There might be a descending triangle pattern in play (a series of lower highs with a flat support level). If LTC continues to bounce off the $51.71 level but forms lower highs, this suggests the market is compressing. A breakout below $51.71 could lead to further downside. Consolidation/Range-Bound Market: The current sideways trading between $51.71 and $66.22 shows consolidation, which is typical after large downward moves. A breakout from this range would indicate the next directional move. 6 — Momentum Indicators RSI (Relative Strength Index): RSI is at 53.2 approximately, neither oversold or overbought. 7 — Classical Price Projection If LTC breaks above $66.22, the first target would be $112.37. The move between these levels could take time, but a sustained breakout with increasing volume would signal bullish momentum. Conversely, if LTC breaks below $51.71, the next major support would be around $43.00, followed by $29.31, indicating a continuation of the bearish trend. █ Summary of Key Technical Signals: Bearish bias persists from the long-term downtrend, but the current range-bound market shows potential for consolidation or reversal. Watch the $51.71 support: If LTC holds above this level, a bounce toward $66.22 or higher resistance levels is possible. Volume confirmation is critical for any breakout. A price move with strong volume will give clues about the future direction. Moving averages and momentum indicators (like RSI) should be checked to confirm whether the market is gaining bullish strength or continuing its bearish trend. by kingthies7
is litecoin to rise?CRYPTO:LTCUSD 77.5 level marked, if it sustain above that level then next level is 113. note: don't trade with these marked levels, please trade with your own analysis and responsibility.by nagawww8
LTCUSD view!!Popular Solana meme coin DogWifHat ( CRYPTOCAP:WIF ) is the best performing among the big five doge-themed meme coins this week with a blistering 18% advance on its price this time last Friday. The $1.8 billion market cap token, which is currently the fourth largest meme coin in the world, added 3.4% in the last 24 hours and now changes hands at around $1.80. By contrast, sector leader and original meme coin Dogecoin ( CRYPTOCAP:DOGE )—by far the largest meme coin with a market cap of $15.4 billion—only added 0.3% to its price both in the last 24 hours and in the last seen days. DogWifHat ( CRYPTOCAP:WIF ) Price AnalysisLongby FXBANkthe80554
ltcusdsimple market idea, i still see this market goin down ,until the u.s election then we might see a bullish move.by Code-bread0
Which way will it go?LTC has been forming under the skin for a while now. I give it less than a week before it reaches its apex then POP! by Exploitopia335
Elliott Wave View on Nasdaq (NQ) Calling the Next Bullish Leg HaShort term Elliott Wave view on Nasdaq (NQ) shows that rally from 8.5.2024 low is unfolding as a 5 waves impulse. Up from 8.5.2024 low, wave (1) ended at 20025.25. Pullback in wave (2) ended at 18338.45 with internal subdivision as a double three Elliott Wave structure. Down from wave (1), wave W ended at 19140.25 and wave X ended at 19693.50. Wave Y lower unfolded as another double three in lesser degree. Down from wave X, wave ((w)) ended at 18825.75 and wave ((x)) ended at 19150.50. Wave ((y)) lower ended at 18338.45 which completed wave Y of (2) in higher degree. The Index has turned higher in wave (3) with internal subdivision as a 5 waves impulse. Up from wave (2), wave ((i)) ended at 18927.5 and pullback in wave ((ii)) ended at 18547. Wave ((iii)) higher ended at 19813.50 and pullback in wave ((iv)) ended at 19529. Near term, expect Index to extend higher to end wave ((v)) and this should complete wave 1 in higher degree. Afterwards, it should pullback in wave 2 to correct cycle from 9.7.2024 low in 3, 7, 11 swing before it resumes higher.by Elliottwave-Forecast4
Litecoin Short: Breakdown of H&SFirstly, beware of volatility from upcoming FOMC. From my analysis using 15 mins timeframe, I can see a clear head and shoulders setup that has broken through. Using a standard measuring rule of 1-to-1 distance (distance from head to trendline), I project that the take profit target will be around $59.75.Shortby yuchaosng1
Exploring the Bullish Outlook for Litecoin (LTCUSD)Litecoin (LTC/USD) is showing a bullish trend, supported by several key fundamentals. The cryptocurrency market is experiencing renewed interest, with Litecoin benefiting from its reputation as "digital silver" alongside Bitcoin's "digital gold" status. Litecoin's upcoming halving event, expected in August 2023, is generating excitement as it typically leads to increased scarcity and potential price appreciation. Additionally, Litecoin's growing adoption in real-world transactions and its recent integration into various payment platforms are contributing to its positive outlook. The overall crypto market sentiment is improving, with institutional investors showing increased interest in alternative cryptocurrencies like Litecoin. I'm utilizing probabilities on my charts to get positioned into longs for Litecoin. Now, let's take a closer look at my analysis. 12M: 2W: 1H: Feel free to share your thoughts and ideas in the comments below!Longby Jasminex1x2Updated 4
PRICE AT MEDIUM TERM TRENDLINE (LONG WITH MINIMUM RISK)Price has made multiple touches on the rising trendline. At current level long entries will have minimum risk reasonably placed below the breakpoint. Trade safe, good luckLongby MENA-MARKETS-PRO226
LTCUSD View!!Danny Ryan, a prominent researcher at the Ethereum Foundation, has announced his resignation after seven years of work within the Ethereum ecosystem. Ryan played a pivotal role in Ethereum’s transition to a proof-of-stake consensus system, most notably during “The Merge,” which marked the blockchain’s shift away from proof-of-work. Ryan cited personal reasons for his departure, emphasizing that his decision is not a critique of Ethereum or the broader cryptocurrency space.Ryan to Search for New OpportunitiesShortby FXBANkthe80551
LTC could be telling Market StrngthLTC is sitting in a place that looks ripe for reversal. This could be a signal for the greater market as LTC tends to front run the market at times. Keep an eye on this old timer original alternative coin.Longby BallsOfSteel3217
Litecoin #LTCUSDT Price PredictionWhat I'm watching on LTC price actions give me a HIGH PROBABILITY scenario for liquidating price another leg down to the previous ranges and unmitigated imbalanced price. What do you think? Not a Financial Advice, Just for having fun !!Shortby Iconic_Trader_112
LTC: Bull and Bear countsLTC long form consolidation is making things very difficult to apply Elliott Wave counts. The consolidation looking like a long triangle, which can be wave 4 or wave B. Triangles can take a long time to complete and usually designed to make life difficult for traders and investors. So, keeping that in mind, bull count is in Blue and bear count is in Red. Triangle invalidation as well as a confirmation on either bull or bear side will be a break over either $116 or below $41. Bear count might take longer to complete than bull count.by mukit13
Litecoin - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.Shortby VladimirRibakov2