LTC Intraday ChartHi
It seems that LTC has ended wave (1) intermediate and for now is making waves (ABC) intermediate to complete wave (2).
This corrections should be only and only watched till correction ended.
Just See and make a good Plan.
Bye
LTCUSD trade ideas
ltcLitecoin is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011. In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase.
LTCUSD is attempting a bullish break out. Massive pump if it breLitecoin / LTCUSD is finally showing signs of bullish momentum, moving towards Resistance A (105.500).
If broken, buy and target the 1.786 Fibonacci extension (as on the November break out) at 132.000.
If not, wait for the price to pull back to the 1day MA50 before buying.
The RSI patterns between now and September-October are very similar.
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LTCUSD. Target 105USDI see opportunity to buy here. LTC haling is coming.
My strategy about crypto currencies: Always buy never sell.
What is a Litecoin block halving event?
Block halving event happens every 4 years on Litecoin blockchain. Litecoin's initial block reward was 50 LTC. The block reward splits every 4 years. This lowers the rate at which Litecoins are generated. The halving is periodical and is programmed into Litecoin's code. Current Litecoin block reward is 12.5 LTC, after the halving, the block reward will be 6.25 LTC. Halving will end approximately by the year 2142.
Buckle your seatbelts, Litecoin is backThe claim that Litecoin is inefficient because bitcoin has the lightning network and lower fees is no longer valid. Prioritizing Litecoin over both Ethereum and Bitcoin is no longer absurd in my opinion. Let me explain
Transactions, transaction fees, and transaction times are all areas now dominated by Litecoin. With Solana losing a great deal of the community's trust, other altcoins not being widely adopted, and the enormous fees of Bitcoin and Ethereum, the second-oldest cryptocurrency resurrects and becomes the best option for transactions.
Litecoin's target price of $130 could be reached within the span of 1-2 months. Around 45 days prior to the Litecoin halvening. This partly hinges on Bitcoin breaking $30k, but in my opinion, the upside potential of Litecoin is larger than that of Bitcoin and I do think we will ultimately continue up.
Litecoin Storm Warning 🌩️ : Imminent Correction Ahead The weather is tropical 🌴 – translating into imminent correction likely ahead – for Litecoin today.
On the other hand, the global crypto summer ☀️ continues with sunny weather in the coming hours and week ahead for the global crypto market as yet another major asset manager filed a spot Bitcoin ETF and on today’s options expiry.
This signals a slightly bullish market with upside potential. 📈
Follow us for more crypto weather reports!
LTCUSD | Will halving get us through the resistance?Good morning,
One month to go until Litecoin Halving.
Since the beginning of the year, we have been constantly moving between the daily EMA 200 (white) and the EMA 800 (purple).
At the time of this idea, we are back below the EMA 200 and all of our EMAs have flattened out.
With such news events, existing resistances and old liquidity zones can usually be worked off well.
I am therefore preparing for two scenarios.
Scenario 1 (blue)
We come in July again significantly above the EMA200 and our short EMAS, 5+13 pull along.
In this I would use 50% of the capital that I want to use for this idea.
The other 50% when breaking above the EMA800.
Scenario 2 (orange)
We get a stop hunt of our range.
Everything from $71.60 would be a top price and would lead to 50% accumulation.
The other 50% would come into play should we get back into the range after such a stop hunt.
Price Targets :
Around $110 and between $140 and $150.
Litecoin to breakdown?Litecoin - 24h expiry - We look to Sell a break of 83.88 (stop at 86.28)
Short term momentum is bearish. The trend of higher intraday lows has also been broken.
A break of the recent low at 84.18 should result in a further move lower.
We look for losses to be extended today.
Expect trading to remain mixed and volatile.
Our profit targets will be 77.88 and 76.88
Resistance: 87.00 / 88.50 / 90.00
Support: 84.18 / 83.00 / 80.00
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 Ready for $600 as per "W" Pattern ?Litecoin Technical Analysis
#Litecoin is currently trading at $85.
As per the chart, I am expecting some upward movement before the #LTC halving, followed by a further downside move.
The maximum upward movement could be $130, while the downside move could reach $50.
A price of $50 would be a great buying opportunity for the long run or the next bull market.
The 3-week chart is showing a "W" pattern, and if this pattern repeats, we could see CRYPTOCAP:LTC reach a high of $500-$600 in the next bull run.
Support Levels:- $50
Resistance Levels:- $100/$130/$214/$275
LTCUSD is in for a grinding SummerIf we lay the prior breakout to ATH for LTCUSD we can see it's been in a consolidation phase before and might have some more grinding to get through before the pressure lets off and we see potential upswing back into $100+ pricing.
2023/6: Surfing LTC - Entry now, Exit eta 16-20 Jun 2023
LTC: $97.54
Technicals:
1. Fractals point to peak 44 days before next LTC halving
Fundamentals:
1. Halving on 30 July - 2nd Aug (thereabouts)
Analysis:
1. Entry now, searching for exit 16-20 Jun via MACD
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Any questions or comments, please leave a comment!
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Still working this video thing out. Going to be using TV as a rough draft. So uploads on other places will have the corrections and will be cleaned and scrubbed.
Looking for a potential short here, so looking for Ideal entries, here and always...
PA is already moving away but includes areas of interest for a possible turn as well.
ltcusd 8hours best level to buy/hold 25% gains🔸Hello traders, today let's review 8hour price chart for LTCUSD . strong gains
recently off the range lows,however currently price getting overextended and
trading near range highs, so short-term expecting a normal pullback,
which is a buying opportunity
🔸Active trading range is defined by range lows at 80 USD and range highs at 98 USD.
Premium prices at 101/103 USD overhead. Limited upside beyond prem prices.
Trading in well defined range for almost 6 months now, strong re-accumulation.
🔸Recommended strategy bulls: expecting pullback/retest of range lows later
early July.Best reload zone for position traders on buy side near 82 USD.
Short-term pullbackso bulls should wait on sidelines and be ready to reload lower
near 82 USD. final TP bulls +25% gains.
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LTC/USD +75% Move IncomingNice consolidation here ready for the move up to the monthly gap. Should get at least 75% return from here...
LTCUSD: MACD Hidden Bearish Divergence Targeting $45-$41LTC has recently formed some Hidden Bearish Divergences at these levels on the MACD and when looking at the Potential Harmonic Wave Structures it could get in if it goes down, many of them point towards $45 as that would be a second test of a much bigger Macro Log scale Gartley on the left, the PCZ of a current Potential Bullish Deep Gartley, and the PCZ of a Potential Bullish Butterfly.
After hitting those downside targets we could then see Litecoin go for another big move up; this time actually breaking the range to the upside and going for bigger targets perhaps as high as over $9000 as seen in this macro chart here:
InterestingDraw these lines for yourself on the weekly, then take a look at different time frames.
Hmmm...
Thoughts?
LITECOIN UPDATE WEEK 18-24 JUNE 2023
In analyzing the market for LTC/USD, there are a few factors that suggest a potential move to the upside in the coming days, followed by a subsequent drop as the dollar strengthens in the coming months, possibly around July.
Firstly, the recent break of a low in the market could indicate a period of retracement or correction. When a market breaks a previous low, it often triggers a wave of selling and prompts investors to reassess their positions. This correction is a natural part of market dynamics and can lead to a temporary shift in sentiment.
Furthermore, the expectation of an upside move in the short term could be influenced by various factors. One possibility is positive news or developments specific to Litecoin (LTC), the cryptocurrency in the LTC/USD trading pair. Positive developments such as partnerships, technological advancements, or regulatory clarity can generate optimism among investors and lead to an upward price movement.
Additionally, broader market dynamics can also contribute to this expected upward move. Factors such as improved market sentiment, increased institutional interest, or positive macroeconomic indicators may create a favorable environment for cryptocurrencies in general, including Litecoin.
However, it's important to note that market movements are influenced by a multitude of factors and are inherently unpredictable. While technical analysis and market trends can provide insights, they cannot guarantee future price movements.
Looking ahead to the coming months, the anticipation of a drop in the LTC/USD market as the dollar strengthens suggests a shift in the broader economic landscape. A strengthening dollar can have a negative impact on cryptocurrencies, as they are often seen as alternative investments and can be negatively correlated with traditional fiat currencies.
The strength of the dollar can be influenced by various factors, including macroeconomic indicators, monetary policy decisions, and geopolitical developments. These factors can create an environment that favors the dollar over other currencies and assets, potentially leading to a decline in the value of cryptocurrencies like Litecoin.
It's important to keep in mind that the interplay between cryptocurrencies and fiat currencies, such as the dollar, is complex and influenced by a wide range of factors. Predicting future movements with precision is challenging, and it's always advisable to approach the market with caution and consider multiple perspectives when making investment decisions.
Looking for sellsLiquidity sweept from flip zone and equal highs
Currently in a 4Hour supply zone, waiting for CHoCH on lower time frame to execute
🔥 LTCUSDT: Brace Yourself for a Potential Downward Spiral! 🔥💎 Paradisers, LTCUSDT is currently grappling with a significant trendline resistance, hinting at multiple signs of a potential bearish shift. Let's delve into the key points:
💎 Trendline Resistance: LTCUSDT has hit a critical trendline resistance level, which has held strong multiple times in the past. This suggests a robust selling pressure in the market.
💎 Bearish Indications: Multiple factors are pointing towards the possibility of a bearish move. The trendline resistance, along with other technical indicators, indicates a tilt towards bearish sentiment.
💎 Volume Range Profile: The volume range profile further bolsters the potential for a downward move. High trading volumes in the lower price range signal increased selling activity.
💎 It's crucial, Ladies and Gentlemen of ParadiseClub, to stay vigilant and closely monitor the price action of LTCUSDT. The current market conditions and technical signals suggest a possible downturn. Stay informed and make calculated decisions.
LitecoinI do not suggest that the followers who are following trade this currency unless they are fully familiar with the principles of smart money and know huntings and reliable pullbacks.
LTCUSDOpen your view with this analysis. This is the truth, it is very funny to see the trend change in daily 295.400. So, the most reliable purchase in Order block is the weekly Extrem. Pay attention to this, we don't buy directly in order blocks? Why ? Because Smart Money will definitely do the hunting and then proceed to the main process... We use the huntings to place a stop loss. And in the valid pool back. We enter into the transaction
Litecoin continues to rally.Litecoin - 24h expiry - We look to Buy at 88.62 (stop at 86.12)
There is no indication that the rally is coming to an end.
Short term momentum is bullish.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
We look for gains to be extended today.
Our short term bias remains positive.
Our profit targets will be 94.62 and 96.62
Resistance: 87.50 / 88.50 / 91.00
Support: 84.33 / 83.50 / 81.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
