DOGE vs LTC same pattern as 2019! bullrun eoy!?Doge vs LTC in back in 2017-2019 This is what im expectingby Adamnary4
Doge vs LTC same pattern! PART TWO Bullrun eoy?This is part two of the doge vs ltc 2017-2019 pattern This one is fully zoomed out.Longby Adamnary3
LTC Halving datesIn the past two LTC halvings, price dropped to retest the recent lows before the +- 500% bull run. The days from halving to bull run start have decreased each cycle. I expect October 2023 to be an important time to watch price action. Longby ryerkes1235
Litecoin halving in 4 daysThe next Litecoin halving is estimated to be in 4 days 19 hours on 8/03/23 at 12:39 UTC. Litecoin halving is the event where the number of generated Litecoin rewards per block will be halved (divided by 2). The total number of Litecoin mined by miners per block will reduce from 12.5 to 6.25 LTC in the next Litecoin halving. Halving occurs every 840,000 blocks (approximately every 4 years). The next Litecoin Halving is Block #2,520,000. Litecoin has been trading in a sideways range for 6 months now. With a low of 65 and a high of 115. Whatever happens to Litecoin price action this Thursday will send a clear message to the entire crypto community. My speculation is that LTC halving will have a bullish impulse leading up to the halving followed by a bearish selloff after the halving. Here's LTC levels on the 1 day chart. TTC ATR VWMA21 r3 = 112 r2 = 106 r1 = 101 VWMA21 = 95 s1 = 89 s2 = 83 s3 = 78 by Options360Updated 10
Current Look on LTCLTC needs to test the Fib 1 support line first. If Fib 1 line holds the price (No monthly close below) then it will go the the upper line again. by EmrahA6
Litecoin False Breakout - Back to $40?Not really a surprise here. After briefly heading higher, Litecoin has drifted back into the range it's been in since the beginning of the year. Since the failed breakout, I think it means Litecoin will need to test the lower bounds of the trading range and hope to God it finds buyers. I called the end to the rally a bit prematurely a couple of months ago: You can see that Litecoin is right back to its breakout level and losing support at the 4H 200 MA (teal). My speculation is that intentional distribution has been occurring, which would explain why it's been stuck in this price range for a while without meaningful volume, despite various attempts to break higher punctuated by strong selling action. The recent pump resulted in a harsh rejection from the 100 week MA (yellow), and a dump back below the bear market downtrend. Since crypto profits from hype, my guess is the "halving pump" is already over, and sellers have taken their gains. The lack of engagement on TradingvIew with new crypto-related posts also tells me that retail is long gone. My bearish idea will be invalidated if Litecoin can sustain above the trading range, and especially if it can hold above $100 for a meaningful period of time. Litecoin will also need to continue holding the 50 week MA. For confirmation of my idea, we will need to see a quick breakdown soon, followed by a breakdown of the $70 range. If it does manage to break down, then $40 better hold, or I think we can see new lows, due to lack of demand and liquidity. Let's see! This is meant for speculation and entertainment only. I could be totally off-base here. But, I'm sticking to my bearish guns. Thanks for reading! Shortby VictorCobraUpdated 228
LTC 8/18/23Watching & Waiting to strike! Red Candles & Green Candles! IN & OUT! BE CAREFULL!by JCTRUTHER2
Litecoin Shows The Way Down The Toilet LItecoin is currently barely holding onto the 200 day MA (teal), and has already retraced heavily from its pre-halving rally peak while failing to get back into the long term uptrend channel. In mid-2019, when LTC began breaking down, it was a sign the market-wide relief bounce was over. Now, the environment is way worse. I'm not going to even bother deep-diving on what's happening with Bitcoin at the moment, but it just goes to show you that the tech is not adoptable and is very unlikely to save the general public, even if banks collapse. If banks collapse, we have a lot more to worry about than the next Bitcoin block. Litecoin is well below its long term uptrend on Bitfinex and failing to get back above a weekly death cross (YIKES). Let's see if Litecoin serves as a bellwether. My guess it LTC will head at least down to the $59-66 support zone again IF it starts closing below the 200 day MA here near $81. If the $59 level breaks, I think it'll start to see some new historic lows. Should Litecoin begins to really break down here, I expect Bitcoin to retrace back to the 200 day MA (near $22k), and ultimately break it to the downside. What I write is my opinion and is meant for speculation and entertainment only, not financial advice. Shortby VictorCobraUpdated 101019
LTC - Daily correction not finished yet i think we are in a big daily sideways move for ltc (and 99% of other crytpo) first move i will be targeting is the move down to complete the C wave of the running flat targeeting 77$ area , then i will be looking for buy setups to get the implusion up that will break the last high at 115$ area ; then i thin it will be tricky , the move up can continue but we have big probability to retest the low again at least 1 more time ; at 115$ / 120 $ or even 144$ this will be the area to look for sell setups to retest 40$ again ; this is just my analysis not a financial advice do not copy , and trade responsibly :)by zznuzzUpdated 8
Litecoin Dump Begins, Falls 20% In A Week; Time To Exit? LTC price action shows a significant increase in selling pressure, leading to a 20% fall in the bearish market. Breaking below the rising channel pattern, a drop below $60 could crash the LTC price to $50, an 18% drop. Litecoin faces intense bearish pressure with top coins like Bitcoin and Ethereum down by 7.52% and 6.02% respectively. Trending lower within a channel, LTC price action creates a snowball effect, breaking below the support trendline. A death cross emerges, with Litecoin down by 22% in the last week and three consecutive bearish candles. Lower price rejection from $60 helps LTC trade at $65, forming a Doji candle, signaling a relaxation period. Technical indicators like Stochastic RSI and DMI are extremely bearish, indicating strong bearish momentum. If buyers fail to hold off the crash rally at $60, support levels are at $50 and $40, accounting for an 18% to 33% fall. A consolidation move above $60 may delay the downfall, but chances for a reversal are thin unless closing above $70. Shortby Coinpedia-Market-Insight1
LTC Outlook for the rest of the year.LTC lost its last hope of staying in a bull market. Despite being oversold, LTC sold off another 13% amid SpaceX BTC sale, Evergrande default, Federal Reserve may continue to raise rates, and SEC appealed XRP case. From here, being very oversold on the RSI, I expect the price to at least retest the bottom of the rising channel. Next, LTC should follow the falling channel until it reaches the measured move of the symmetrical triangle around $40. The broader crypto market is being hit from all angles with exchanges that lose users funds, SEC lawsuits, legislation to ban, and institutional dumping. We may see a relentless drop until an ETF gets approved. Not financial advise. Entertainment purposes only!Shortby Dukembg3
LITECOIN/LTCNot shared but been watching this and make some private ideas, Today im sharing it for 57$ per coin upto 130$. not a financial advice, numbers are for reference only. IF you think its bear market?, we already in bearmarket since january, accumulate while the dollar is expensive at any part of the world.. Trade at your own risk. Follow for more daily updates. free ideas and if you like it, give a boost to beat the algo on TV. Thank you for 400+ followers. Im just happy for gaining it, because I only need 400 followers by the end of the year. Thank you fellow traders. Comment down below what is your coins .I will make an analysis for you. Longby D1GITALTRADES222
Litecoin updateAfter a textbook buy the news and sell the event move on halving event, LTC is once again nearing the support around $70 mark. It will be a crucial level to watch. If markets continue correction phase and we breach this level we can expect furthermore downside, however if this level holds, a bounce above $80 to resistance around $83-$84 is inevitable. by trade_wizard11
LTC 8/17/23Red Candles & Green Candles! I got in LTC @ $73.50 I will ride LTC up! IN & OUT!Longby JCTRUTHER441
Long LTC Educational Longs Litecoin, a popular cryptocurrency, recently underwent a significant event known as the halving. This event, also referred to as "halvening," has important implications for traders and investors in the cryptocurrency market. In this educational piece, we will explore what the halving is, its effects on the cryptocurrency, and potential trading strategies that traders may consider in light of this event. What is a Halving? A halving is a scheduled event that occurs in the cryptocurrency world when the number of new coins generated and earned by miners in each block is reduced by half. This mechanism is embedded in the code of cryptocurrencies like Litecoin and Bitcoin as a way to control the rate at which new coins are introduced into circulation. The halving happens after a specific number of blocks have been mined. For Litecoin, this happens approximately every four years or after every 840,000 blocks. Effects of Halving on Litecoin: The halving event has several important effects on the cryptocurrency ecosystem: Supply Reduction: As the reward for miners is cut in half, the rate at which new Litecoins are produced decreases. This reduction in the supply of new coins can lead to a decrease in the overall rate of inflation for the cryptocurrency. Potential Price Impact: The reduction in the rate of new coin creation can create scarcity, which has the potential to drive up the price of Litecoin. Historically, both Litecoin and Bitcoin have experienced price increases following their respective halving events. However, it's important to note that past performance is not a guarantee of future results. Trading Strategies: Traders often devise strategies based on their assessment of the halving's impact. Here are a few strategies to consider: Buy and Hold: Some traders adopt a long-term investment approach, buying Litecoin before the halving event and holding onto it in anticipation of potential price appreciation over time. Short-Term Speculation: Traders with a higher risk tolerance might speculate on short-term price movements around the halving event. They might aim to capitalize on the increased market volatility that can occur during these periods. Post-Halving Accumulation: Another approach involves monitoring the price action immediately after the halving event. Traders might wait for a potential dip in price and accumulate Litecoin at what they perceive as a discounted rate. Diversification: It's important to remember that cryptocurrency markets can be highly volatile. Diversifying a trading portfolio beyond Litecoin can help manage risk. Risk Considerations: While there are potential opportunities associated with trading around halving events, there are also risks to consider: Market Volatility: Cryptocurrency markets are known for their extreme volatility, and halving events can exacerbate this volatility. Unpredictable Price Movements: While historical patterns suggest price increases after halving events, this is not a guarantee. Price movements can be influenced by various factors beyond the halving itself. Regulatory and External Factors: Regulatory changes, security breaches, technological developments, and global economic events can all impact cryptocurrency prices. In conclusion, Litecoin's halving is a significant event in the cryptocurrency world that has the potential to influence its supply and price dynamics. Traders have various strategies at their disposal, but it's essential to thoroughly research and understand the market before making trading decisions. Due to the inherent risks in cryptocurrency trading, individuals should consider their risk tolerance and conduct proper research before participating in any trading activities.Longby BLOQLABSUpdated 0
LTC halving is coming 🩸Pls #DYOR 🙏 As a trader i go with historical data 😳 past history 📌 talk 🦜 dump at halving time 📌 Even now we can see no movement when old coins their partners 😅 BCH , ZEC etc ... Coins doing 1-2x above it was still calm 🤣 BUY :: $96-105 SELL :: $86 & $72.6 STOP LOSE 🚏 day close above :: $108.6 Give boosting and share 📌 Shortby raj5_7_5Updated 4
LTCUSD long positionLTCUSD is approaching a key support where we expect some sort of bounce. The price has been forming a falling wedge and once we get a breakout, the price will go higher. Volume is pretty low on this sell off so we think that the support will fail. RSI approaching oversold levels. 2 targets are shown on the chart You can enter long at the support or wait for a breakout of the falling wedge. Good luck!Longby vf_investment339
A big breakdown looming?Litecoin is again catching our attention as it is approaching the lower bound of the pattern we introduced in late June 2023. If the price breaks below the lower bound, it will be bearish for LTCUSD in the short term, and we could see a further breakdown in the price. In such a scenario, we would not be surprised to see it drop below $70. As a result, we are on high alert. Technical analysis gauge Daily time frame = Bearish Weekly time frame = Slightly bearish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.Shortby Tradersweekly181816
Long on LTC targeting previous highsBuy zone between $77 and 60$ potential upside of 50% targeting 2023 high. Personally have 2 TP points. $95 and $120Longby lukevd2
LTC 8/16/23LTC the big walls are gone on the depth chart on CB? So I will watch LTC fall & make some small moves IN & OUT Big moves down with the China economy news! Be CarefullShortby JCTRUTHER112
Litecoin Macro outlook vs USDI've been seeing lots of LTC, hopium bullish into the halving, tweets. Well, the reality is that when the 12 and 21 EMAs cross to the downside on the weekly chart, it tends to be very bearish for Litecoin. Arrows are presenting those crosses, and you can see the downside that happens after the crosses happen. On average, the downside is 58%. That would mean that Litecoin could bottom somewhere around $25-35, if the cross happens. Usually, Litecoin's pre-halving pump tends to be over 3–4 months before the halving(the halving is happening in August), which is another indicator that LTC topped. But there will be sunshine after the rain. Those lows would mean that LTC hit the generational bottom, and at the same time, the BTC pre halving hype will start. That is when Litecoin and Bitcoin tend to proceed into a multiyear bull market, which will be led by Litecoin. Follow, like the idea and feel free to leave a comment. Check out other ideas if you like this one.Shortby Trader_CDUpdated 114
LTC 8/11/23LTC will fall around $77 I will get IN! LTC will rise around $110 I will get OUT! 42.85% measured move!Longby JCTRUTHERUpdated 996