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LTCUSD trade ideas

LTC Price Analysis: Bullish Surge Targets $100 MilestoneCurrent Rally: LTC exhibits a robust recovery, surpassing the 23.60% Fibonacci level. Recent Growth: Litecoin experiences a 13% increase, reclaiming the $70 level. Next Goal: Aiming to breach the $80 mark, potentially catapulting LTC towards $100. Market Influence: Positive market trends and Bitcoin's potential rise above $50K boost Litecoin's prospects. Technical Patterns: Rounding reversal and consistent bullish candles signal continued upward movement. Trading Volume: A notable surge in trading activity bolsters LTC's price trajectory. Price Trajectory: Litecoin trades at $72.96, showing a promising 1.54% intraday growth. Key Resistance: The $80 level emerges as a significant hurdle, marking a decisive point for further gains. Technical Indicators: RSI: Indicates a strong momentum shift, surpassing key averages. MACD: Positive crossover underlines growing bullish sentiment. Market Recovery: Aligns with Litecoin's upward trend, suggesting a sustained rally. Upside Potential: If LTC breaks past $80, a swift move to $100 is likely. Bearish Scenario: A reversal could trigger a retest of the $70 support zone.
COINBASE:LTCUSDLong
by Coinpedia-Market-Insight
If Litecoin Is An Indicator Of Whats To Come Then BTC to $20kLitecoin usually front runs Bitcoin in history. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did. I dont know if this is what will happen or if Litecoin is just taking longer in consolidation like bitcoin took longer by 5 months the last time. Not financial advice.
COINBASE:LTCUSD
by Bitgolder
8
Litecoin and Bitcoin Move Together But Play Leap Frog For everyone scared of the price Litecoin is at just look at these charts. I am simply comparing Litcoin price movement to Bitcoin price movement. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did, damn good possibility and then while Bitcoin consolidates Litecoin could start its parabolic rally. Litecoin could move up in that scenario too like it did in 2018. Dont get shaken out, its just the impatient who are freaking out. Litecoin isnt going anywhere. Its the most used chain, its not dead by any means, just the price is not reflecting it at the moment, the price will rise to meet Litecoins value, its inevitable. Smart money invests in Bitcoin and Litecoin, Children invest in Doge and Shib. Not financial advice
COINBASE:LTCUSDLong
by Bitgolder
LTC Litecoin NOTHING HAS CHANGED FOLKS Ignore the BSI just wanted to give an update to Litecoin. The sentiment around Litecoin is extremely bearish and the FUD is just horrible while the on chain metrics are through the roof and are better than ever. The price of Litecoin will revert back to the mean. This was just a massive over leveraged long washout across all major cryptos before the next major leg up. Litecoin took it harder because currently its the least popular among retail investors. Grayscale will be filing a spot ETF application for Litecoin as soon as they get the approval for their Bitcoin spot etf they said. Follow the big money not the children that trade when they get home from school. As you can see the bull pennant/flag pattern on Litecoin is still valid. Theres always wicks that washout the longs before any major move to the upside. Litecoin longs however were much deeper and hence Litecoin went down further to wash them out. Could even see a spike down to $50, at this point who knows, but it will be short lived and an amazing buying opportunity. Litecoin is not going anywhere, and is here to stay. Ignore all the bearish FUD. Once Litecoin starts its run you wont be able to stop it. This is just my opinion not financial advice.
KRAKEN:LTCUSDLong
by Bitgolder
2
✴️ Litecoin V Shape & Higher Low (Easy 350% 10X Lev.)Another "easy" chart setup but still high risk based on the high lev. I say "easy" because of the timing... Leveraged trading with high leverage can be extremely difficult, even stressful if you don't have the right amount of preparation, experience or simply the wrong timing... 

Leveraged trading can result in liquidation and all money lost, it is not as easy as trading spot. It is like playing 3D chess. You need to amp up your thinking, wisdom, knowledge, decision making, planning and execution... Or so they say. Ok. Classic disclaimer: This is not financial advice, I am just sharing my view/opinion of the charts and my experience. Use this information in whatever way you like but it should not be construed as any type of professional hired financial service. This is a free and open forum. Maybe too long a disclaimer but never mind that, let's get to the fun part. We've been waiting for a while... The longer the consolidation phase; The stronger the correction; The closer we get to the bullish breakout... The market moves in waves within cycles, meaning, we are ready to see a new leg up. I would consider closing a position opened at current prices with a daily close below 59 or 57, or just add more collateral and wait patiently as this is a high probability setup. I have targets all the way to 133 but here we are looking at it short-term. 1) 73 (190% potential)
 2) 78 (270% potential)
 3) 84 for 35% (with 10X Lev. that's 350% potential.) My mission with these posts/trade ideas to alert you, to call this opportunity to your attention... Then you use your own strategy, your own plan, your own knowing, your own experience, your own system to take advantage of the timing, "a great entry" as shared for XRPUSDT and BTCUSDT. Once you are in and GREEN, it is easy to win. It doesn't matter how things go, you can count with my continued encouragement... I hope I can count with your support. Namaste.
DYDX:LTCUSD.PLong
by AlanSantana
Will History Repeat With LTCLtc is riding a macro support while coming to the end of this correction/ bear phase. RSI is at a historic value that has resulted in reversal highlighted by the white vertical lines. Both downtrends have nearly identical timeframes. This could be a place to take a small position in LTC. This also seems like a make or break position for Litecoin in the PA. I am also going to add a chart looking at the Ltc/btc pairing. NFA Do your own DD Novice here
COINBASE:LTCUSDLong
by BallsOfSteel32
1