Litecoin to make a move soonThe “silver” to Bitcoins “gold” satoshilite, Bitcoin little. Whatever you want to call it, is one of the most successful Alt coins of all time.
LTCUSD.P trade ideas
Litecoin - I'm Feelin 22Nothing to do with the Taylor Swift song. Just a good old structure breakdown for Litecoin. Price really must hold here, otherwise a retest of the long term horizontal support near $22 seems likely. Not a long post. Just wanted to provide an update on this chart. This can occur even if Bitcoin merely tests something like $48k.
One reason I still follow LTC is that it's actually more actively used than Bitcoin, to an extent. It's cheaper to send and it's got more functionality, albeit not much brand recognition. The fact that it's performed so terribly is a broader indicator for the massive bearish divergence within the crypto market: value does not follow utility. Bitcoin's actual usage is very much divorced from its current price.
This tells me from a logical standpoint, that Bitcoin price is likely to come way down at some point. But as we know, markets will stay illogical and irrational. Despite there being no fundamental reason for Bitcoin's value, it can simply remain valuable. Let me be clear when I make this statement: If Bitcoin disappeared from the Earth, not much would change at all about society. We'd barely feel it. Once this is no longer the case, I'd admit I'm wrong :)
This is entirely speculative, and meant for entertainment purposes, not financial advice.
-Victor Cobra
LTCUSD Is Very Bearish! Sell!
Here is our detailed technical review for LTCUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 74.80.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 71.48 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Could LTC/USD reverse from here?Price is rising towards a resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 75.53
Why we like it:
There is a pullback resistance which lines up with the 61.8% Fibonacci retracement.
Stop loss: 79.19
Why we like it:
There is a pullback resistance level.
Take profit: 71.28
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LITECOIN Will Fall! Sell!
Hello,Traders!
LITECOIN is trading in a
Local downtrend and the
Pair shot up to retest
The horizontal resistance
Level of 76.00$ and from
Where we will be expecting
A local bearish move down
Sell!
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Check out other forecasts below too!
LTC nearing bottom of a range with oversold RSII would be looking for entry between $60-65 and in time I think it can run up to 100 and maybe even about $120 for 50% to 80% profit. I think this might be slowly bottoming out here and assuming Bitcoin is not done yet this cycle there might be a reversal in store. Stop loss below 60.
Long trade
Pair LTCUSD
1min TF Entry
14th June 24
Tokyo Session
19.32pm
Entry 77.46
Profit level 83.62
Stop level 77.22
RR 24.67
Litecoin - Bearish IdeaShort-term breakdown below key level 79.00. Next important support levels are 77.33 and 74.98
LTC Bull run 2.will make a run like in 2017 in % and with a mixed developing of the curve in several indexes of top coins but as branches must despite a mixed between 2017 and 2021.
LTC Bull run.COINBASE:LTCUSD will make a run like in 2017 in % and with a mixed developing of the curve in several indexes of top coins but as branches must despite a mixed between 2017 and 2021.
Could LTC/USD bounce from here?Price is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit.
Entry: 78.18
Why we like it:
There is a pullback support.
Stop loss: 75.54
Why we like it:
There is a pullback support level.
Take profit: 81.40
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LTC time for breakout?LTC printing an interesting pattern where we get a pit of flat price action in between two peaks, then another drop after the second peak, followed by the bull run for LTC
Beautiful BreakoutThe chart is quite self explanatory. clear breakout out bear market trendline with a successful retest. this indicates that only now LTC has entered the bull market. a very delayed move but it has secured a place above the trendline with a solid retest. a good sell target is 220-240 dollars a piece for now, however my target for the top of this cycle for LTC is around 3.4k-3.7k
LTC/USD: Caution Advised Amid 1W PP SupportHello Everyone,
In the long term, LTC/USD is expected to experience upward movement. However, it's prudent to be cautious at the moment, as there's still a possibility of retesting the 1-month pivot point (1M PP). If the price falls below the 1M PP, we might witness further decline. Presently, the 1-week pivot point (1W PP) is under scrutiny, and it has shown resilience by offering support to the price. Lets Go LTC!
TradeWithTheTrend3344
Bullish bounce off 38.2% Fibonacci support.LTC/USD is falling towards a support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit.
Entry: 83.53
Why we like it:
There is a pullback support level which lines up with the 38.2% Fibonacci retracement.
Stop loss: 81.25
Why we like it:
There is a pullback support level.
Take profit: 87.53
Why we like it:
There is a pullback resistance level which lines up with the 78.6% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LTC back to ATHAfter 4 years of accumulation period, LTC is finally breaking up the long-term resistance since May 2021 when it reached ATH.
It looks like we are finally ready to take off.
Is Litecoin showing signs of weakness? #LTCUSD EASYMARKETS:LTCUSD
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LTC has dropped to the $60-$65 rangeLTC is having difficulty with the Ichimoku cloud and ma50 resistances. It retested this resistance several times but failed. It is entirely possible that LTC will plummet to the $60-$65 area.
LTCUSD - Weekly - Extended Accumulation PhaseClick Here🖱️ and scroll down👇 for the technicals, and more behind this trade!!!
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📈Technical/Fundamental/Target Standpoint⬅️
1.) Extended accumulation phase, similar to BTC when it was hovering around $1000 - $3000. Normally these extended accumulation phase mean, we likely will no longer see this price range again once the bull cycle occurs.
2.) A upper momentum signal has been triggered since 2/28/2024, this is usually a good sign when it comes to breakouts.
🤖Trading Bot Stance⬅️
1.) Double bullish trend confirmation
2.) Signaling to reduce long positions by 50% which could indicate a short term pullback is upon us
3.) 14 day trade ban is in effect for any new long positions, until the potential pullback occurs.
🐳Monthly Bot Round Table Analytics for Russell Indexes⬅️
1.) 35% chance we will end the month in green.
🌎Global Market Sentiment Approach⬅️
1.) Mostly bullish until rate cuts take effect, but also taking into consideration the round tables probability for the month of March.
2.) Normal free cash flow to put into a trade should be reduced. Meaning if you trade $100 per trade, then reduce that to $50 per trade.
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LTCUSD - Weekly Up ChannelA large channel can be drawn along the recent bottom on LTCUSD, I expect price to move up.
bottoms can be considered a double bottom.
I'm bullish on alts right now
Weekly chart
Potential bullish rise?LTC/USD has bounced off the support level which is an overlap support and could rise to our take profit.
Entry: 81.80
Why we like it:
There is an overlap support level.
Stop loss: 79.42
Why we like it:
There is a pullback support level which lines up with the 88.6% Fibonacci retracement.
Take profit: 85.83
Why we like it:
There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LTCUSD - Large Rise During Gaussian Channel Down Period As seen in ~2017 the bear phase is very short and leads to a massive rise
I suspect this will occur for Litecoin again after years of weak performance
Great long buy
In the 2017 scenario price was similarly trending under the middle line of the channel.
