LTC halving my frensThe chart is self explanatory, if you don't understand it then you should go watch some anime or smthn! www.nicehash.comLongby PickleLiqUpdated 6
LTCUSD: some upside?A price action above 71.00 supports a bullish trend direction. Increase long exposure for a break above 73.00. The target price is set at 76.00 (its 23.6% Fibonacci retracement level). The stop-loss is set at 67.50 (its 61.8% retracement level). Recently crossed above its 200-day simple moving average, supporting a bullish long-term trend.Longby Peet_Serfontein2
LTC is BullishHey guys, I believe January 2024 might be one of the last months for LTC to be able to be bought at sub $60 price. LTC is one of the native proof of work coins just like BTC, Doge and Digibyte. 2020-2030 is the phase 5 of the digital revolution and we are in the mid of it. Things will move rapidly including the switch of the monetary system, starting in 2020. If you notice, everything has turned digital including businesses, schools, art, etc. This is where the blockchain technology will be pushed very hard into the narrative. Some cryptocurrency will become the future cash since every transaction will be stored and recorded in the blockchain, unlike physical cash. Always look for a catalyst like what happened in 2020, because everytime there is a catalyst, there are always opportunities behind the door. Catalysts are used to cover those doors, so a lot of people will not see what is happening 🙃 Anyways, good luck, rack up and be patient. Longby DigitalRevolutionPhase5Updated 19
"Litecoin: Major Opportunity as Bullish Momentum Builds"Litecoin: Navigating a Major Buy or Sell Opportunity as Bullish Momentum Builds Litecoin, often dubbed the "silver to Bitcoin's gold," is currently at a critical juncture in its price action, presenting traders and investors with a significant buy or sell opportunity. Over the past six years, the market for Litecoin has been characterized by corrections, but each multi-year low has consistently formed a higher low, establishing a robust support level. This pattern of higher lows underscores the resilience of Litecoin's market structure and suggests accumulating buying pressure at key levels. Now, as Litecoin approaches a pivotal moment, all eyes are on whether it will break out to the upside, surpassing the multi-year resistance level marked in red on the chart. A breakout above this critical resistance level could signal the start of a bullish trend reversal and potentially ignite a sustained bull run. With Litecoin poised to challenge all-time highs, investors are closely monitoring the current pennant formation, marked by the black triangle on the chart, for clues about the coin's next move. The pennant formation is a technical pattern characterized by converging trend lines, signaling a period of consolidation before a potential continuation of the prior trend. In the case of Litecoin, this consolidation phase could be setting the stage for a decisive breakout, either to the upside or downside. For traders assessing this buy or sell opportunity, it's essential to consider the broader market context and key technical indicators. The pattern of higher lows provides a strong foundation of support, while the multi-year resistance level represents a significant hurdle for Litecoin's bullish aspirations. As Litecoin navigates this critical juncture, investors must exercise caution and closely monitor price action for signs of a breakout. Whether Litecoin breaks out to the upside and embarks on a bull run or faces rejection at the multi-year resistance level remains to be seen. Nonetheless, the current pennant formation presents a compelling opportunity for traders to capitalize on Litecoin's next major move in the cryptocurrency market.by UnknownUnicorn23190999
LTC CLose to breaking out - Does BTC have anyhting to say?We saw a break above the triangle pattern we've used as a gauge and saw some increased buying volume that helped break above the nearest MVA's to establish some price flooring. I expect LTC to benefit from a surge in BTC value as Those roll those profits down into older and similar chains to BTC. My theory is that if BTC breaks higher and above the next ATH, the profit-taking will happen for the older wallets. If market history is any indicator, then the smaller altcoins could see rising prices. In short, we could see buyers enter LTC as a "Silver" option to BTC's "gold" label. Longby cnote567
Steadfast Bullish Outlook for LTC/USD Despite Slower PaceHello Everyone, Although LTC/USD has been advancing at a slower pace than anticipated, the overall forecast remains unchanged, maintaining a bullish outlook. TradeWithTheTrend3344 Longby TradeWithTheTrend3344113
Watch for the MVAs; price action likes to bounce off them. Feb-6: In hindsight, I was overzealous on the expected sell-off pressure to hit on Feb. 1; instead, it hit on Jan 31st. And it bounced off the 50-day MVA, but at a price target I was not expecting, but I also hadn't watched this one evolve. Either way, it's not a bad theory to watch for the MVAs and the price action. Longby cnote561
Anticipating a Bullish Turn: LTC/USD at Potential One-Year LowHello Everyone, The LTC/USD pair could potentially test the one-year low @57.64. On the 1-week, 1-day, and 4-hour timeframes, there is a gradual shift indicating a move towards a bullish outlook. A promising buying opportunity may emerge in the near future. TradeWithTheTrend3344Longby TradeWithTheTrend3344Updated 10
LTCUSD Buy opportunity at 65.0126LTCUSD The best way to get sell opportunity is to place a SELL LIMIT order at 71.3844. Stop at 74.9058 Take Profit at 69.0549 and 67.0345 LTCUSD The best way to get Buy opportunity is to place a BUY LIMIT order at 65.0126. Stop at 60.9132 Take Profit at 67.0345 and 69.236 Use a proper money management plan according to your current capital and keep control of your psychology. Risk 3% of your capital.by chamitha455
Pincher Triangle Pattern forming to a head in LTCIf the selling pressure continues, might there be another price spike or sell-off with another retest of the 50 MVA? I'm tracing a pattern from the prior retests of the 50 MVA. Each time, a long wick forms from selling pressure and drops to where the prices firmed up for the day. This traces through to a second time the 50 MVA was rested if you trace further back. Here, we can see some price action from around Feb 1st and into the 2nd for the presumptive rest of the 50 MVA (tracing for every 20 days at approximately -2%. Other than more downward pressure, there are still some buying options for LTC if you believe (like me ) that we'll retest $340 again and potentially within a year. Longby cnote564
LITECOIN to new highs, fib retracement completeLitecoin - officially a commodity as declared by the SEC - is about to hit major support and if it holds, which it most likely will, it is going to go to new highs as it is intended to. Not financial advice, simply looking at trendlines and following fundamentals. DYR Longby CryptoJames0077
LTCUSD It looks like a LONG with a correction to the nearest level to 64.86, from there you can look for buy points to the level of 66.78 - 67.88.Longby VaniaDichenkov0
LITECOIN (LTC/USD cycle) LITECOIN (LTC/USD cycle) 2013-2024 cycle chart + BTC Halving Times 1 Parallel Channel All times #ltc LTC/USD LTC/USD (lineer chart) green buy zones 2018-2023 similarity fractal LTC/BTC 2013-2024 by CryptollicaUpdated 3323
LTC is back into the buy zone but expect lower prices Please refer to my previous litecoin chart years ago. It’s clear we had a rally. We are back in the buy zone again. Anywhere between here and $50 is the buy zone.Longby SunnyBha2
Small corrective pattern or completion of larger wave degreeDear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market. I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions. The first analysis is Litecoin In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily). I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished. Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely,Longby Mehdi_Abbasi_EWP229
Enormous LTC fractal and wedge coming to its end2015-2017 the wedge ran till its completion before exploding out into a new range. since 2018-2024 the current wedge is now nearly complete. Now if we take a bar chart of the 2015-2017 wedge and expand it and overlay it on the price action within the 2018-2024 wedge it lines up almost 1:1 Exciting times ahead i thinkLongby thecardiak5523
🏃♀️🏃♂ LTC. The spring has compressed. XxX's are inevitableOne of the most anticipated online events in the digital currency ecosystem in H2'23 was the Litecoin (LTC) halving, that took place in early August, 2023. As the cryptocurrency market prepares for one of the network's major events, the Litecoin (LTC) halving, investors and analysts were peering into the crystal ball of market trends in an attempt to predict the outcome. However, based on the hype that has accompanied the halving event over the past few months, there is good reason to believe that the online event may produce a different result than expected. Historical backtest analysis says that every time the number of new addresses COINBASE:LTCUSD exceeded 350,000 over the past five years, a significant price correction followed. More than 690,000 LTC addresses have recently been created, suggesting that the upcoming halving could be a “news selling” event. On the other hand, the upcoming Litecoin halving, in theory, provides the opportunity for a significant price increase. This thesis stems from the deflationary effect that halving will cause, reducing the rate of creation of new Litecoins. Combined with the growing demand for the coin, this again, in theory, could create an ideal scenario for price growth in the medium to long term. The aftermath of the Litecoin halving should provide the cryptocurrency community with valuable information, especially as investors prepare for the subsequent Bitcoin halving BITSTAMP:BTCUSD , scheduled for April, 2024. Technical picture in Litecoin COINBASE:LTCUSD at the same time indicates a continuing deflationary price compression, with possible prospects for a further price decline within the boundaries of a downward channel to multi-year/ historical lows. by PandorraResearchUpdated 5
CRYPTO | LITECOIN | SELLERS TRENDHello everyone ... Use good trade management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck.. Shortby DreamsForxUpdated 4
LitecoinLitecoin is bulish now If we closs inside the channel We can expect a great move in next few weaks Targets 85$ 93$ 102$ 114$Longby DrDodofortrading5
LitecoinLitecoin want to hold in weakly channel Buy zone 70 72 If we close inside the channel We can see a great move in few days Targets are 85$ 93$ Longby DrDodofortrading1
LTC Long Hey guys how's it going hope you're Fine today I'll share something very special as we can see on the chart of lite coin buyers are looking strong after a liquidation our short-term target is between 80 to 90 dollars manage your risk and enjoy the trade best of luck everyone Longby DMBazaar5
Still looks good!The other day I posted a chart with a possible inverse head and shoulders formation in the making. My analysis this morning confirms we are still on track! I have listed 2 shorts term price targets with an expected time frame of early to mid-February. Please remember this is just IMO and not financial advice by any means. Have a blessed day. Longby Jerseyboy793315