Litecoin swing setupI’m bearish on litecoin for upcoming days and the reason being is that all the technical aspects that I’ve presented above indicate bearishness. But I’ll be glad to be proven wrong by the market.
Happy Trading !!!
LTCUSDT.3L trade ideas
LTC/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the LTC chart this time on a four-hour interval. As we can see, the price has left the uptrend line at the bottom, while locally we are moving in a triangle in which the price is approaching a direction.
We can also see that the price is just below the EMA Cross 200 blue line, which confirms the downtrend, however we are struggling to get back above this level.
Now let's move on to marking the price support points and we see that we first have support at $87.93, but if the price goes lower, we have another support at $83.12, then $78.45 and another support at a price of $71.37.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the resistance at $93.19, then we have the resistance at $38.9, the third very strong resistance at the price of 103.38, and the fourth resistance at the price of $107.93.
The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates the maintenance of the local uptrend, while the RSI, despite small price movements, has returned to the upper part of the range, which may negatively affect the price in the short term.
LTC trade de wave 5LTC ascending Channel op de daily timeframe. Met sterk historisch resistance/support tussen 141$ en en 84,8$ zal ik tussen deze prijzen handelen. Ik verwacht een dat wave 5 vanuit de supportlijn van de ascending channel zal bouncen. Hierbij is de 141$ zowel sterk resistance in het verleden geweest maar is het ook de potentiele resistance lijn van de ascending channel en de 1.272 fibonacci r/s level. Hierbij zal ik een long positie nemen vanaf 102,5$ waarbij mijn tp 141$ is en mijn stop loss 84$ . Risk/reward ratio is 2.16.
LTC ascending triangleLTC ascending triangle op de daily timeframe. Met sterk historisch resistance/support tussen 141$ en en 84,8$ zal ik tussen deze prijzen handelen. Ik verwacht een dat wave 5 vanuit de supportlijn van de ascending channel zal bouncen. Hierbij is de 141$ zowel sterk resistance in het verleden geweest maar is het ook de potentiele resistance lijn van de ascending triangle en de 1.272 fibonacci r/s level. Hierbij zal ik een long positie nemen vanaf 102,5$ waarbij mijn tp 141$ is en mijn stop loss 84$ . Risk/reward ratio is 2.16.
LTC/USDT just above EMAsHey fellas 👋
Another one that caught our attention here is LTC coin with a nice potential for some aggressive movement here. As you can see - we are in the middle of forming a nice "double top" pattern here which can lead to even further drop.
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#Litecoin Down 14%, LTC In A $10 RangePast Performance of Litecoin
Litecoin prices are higher when writing but remain under pressure. As an illustration, the coin is within the bear bar of April 26, and trading volumes are low. At the same time, prices are anchored by the bear bar of April 19 that continues to shape the current formation. Support lies at around HKEX:85 while resistance is at HKEX:95 , or April 16 highs.
#Litecoin Technical Analysis
Sellers are in charge of a 54% surge from mid-March 2023. For now, LTC is down 14% from April peaks, and more could be on the horizon. Notably, the coin is in range inside a tight HKEX:10 zone. Because of this, price action suggests that sellers are in control, provided prices are below $95. Meanwhile, a clean breakout below HKEX:85 will confirm losses of April 19. The emerging trend would shape the short-term trend as LTC would likely flash crash to HKEX:70 in a retest.
What to Expect from #LTC?
The present consolidation validates the downtrend since buyers are yet to reverse losses of the second half of April. As prices move sideways, the odds of the coin dipping below HKEX:85 is amplified.
Resistance level to watch out for: HKEX:95
Support level to watch out for: HKEX:85
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTC short termCatching a bounce on Litecoin, with the first target 90 then 92 and 94. 2 stop options under 95 and over the low of 94. Buy from the current zone or on a pullback.
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Good luck and profit to all.
#LTC Sell setup Fast Scalpeallwys do you'r own research
keep you'r money manangment , its just a simple scalpe setup
$LTC short idea.CRYPTOCAP:LTC to range lows.
The whole chart looks very distributive in a bigger picture.
Need to flush down.
EMAs aligned towards downward movement.
Big movement is coming.
Stop loss is tight.
ltcI am waiting for the reaction to the red lines. If it passes, it should be checked again. If it does not pass, the green lines are suitable
Litecoin longLitecoin bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 91.4 is expected to happen.
LTC/USD BUY TRADE SETUP.LTCUSD makes a buy-trade setup. Nice opportunity for a long. Test Entry Point Possible Nice Trade Plan. Thank you
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Litecoin (LTC) was down for a second straight session on Monday, as markets prepared for the upcoming United States Federal Reserve policy decision.
LTC/USD dropped to a low of 86.83 earlier in today’s session, which comes 24 hours after trading at a high of 91.39.
Today’s drop in price has pushed litecoin to its weakest point since last Wednesday when the token was at a low of 84.21.
Looking at the chart, Monday’s move came as the relative strength index (RSI) fell to a support level of 44.00.
At the time of writing, the index is tracking at 44.80, with an upcoming ceiling of 50.00 a potential target for bulls.
Should this point be hit, there is a strong possibility that LTC will move back above the 90.00 mark.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
LTCUSD ❕ downward channelLTC is moving under liquidity.
Price has broken down 50EMA on the 4H Timeframe.
I believe the asset will continue to decline if it holds in the downward channel.
Will Litecoin LTC price start new wave of cryptocurrency growth?It seems to us that the LTCUSDT price is consolidating before a strong upward momentum. The upside potential is +60%, and if we are lucky, it will be +100%.
In general, today's idea fits into the concept of the idea from 2 months ago, where we recommended buying Litecoin no earlier than 65-73$
Last night, when the BTCUSDT price updated its local low, the LTCUSD price did not. This may indicate that buyers still intend to break through the downtrend purple line, which has been in place since May 2021.
A breakout of the trend line upwards can trigger a powerful impulse movement.
Our first target is 130-135$.
If the growth is very rapid and the price of LTC is able to gain a foothold above 135$, then we can expect to reach $170-180
In general, the price movement of LTCUSDT is quite predictable on large time frames. And as we wrote in our research idea, historically, LTC price growth peaks 42 days before "the halving".
So, if we believe what the LTC price has shown in the past, the peak price could come around 13.06
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LTC cup and handle pattern1D chart:
The H&S did not stop falling after falling to the target price of 73.99, and the lowest price reached 64.98. After the LTC stopped falling, it formed a bottom and broke through the neckline price of 88.26, showing an ascending triangle pattern.
Pay attention to the target price above:
99.90
102.65
111.54
117.13
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4 hr chart cup-and-handle pattern:
After breaking through the neckline at 88.26, the price tested around 95.86 twice. The first step back to 85.53 was effectively supported, the second step back to the Fibonacci sequence of 0.382 (89.48), and then broke through the neckline 95.86, and the cup-handle was established.
Follow the goals above:
99.81
101.03
102.24
106.19
108.67
Stop loss: 88.88
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Daily charts operate with spot or low leverage.
The 4 hr cup-and-handle pattern can be operated with a higher leverage to expand profit margins.
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✅LTC is about To do a Bullish movement!
⭐LTC Is in a Cup & Handle Pattern. The Pattern has Not Been Completed yet but It will be Completed Soon! If our Expectations Come True & The Break out Needed for Ascending Further Happens, . we just Have To Be Patient for Break out To Happen.
🤑Stay awesome my friend
Thank you for seeing idea .
Have a nice day and Good luck
Litecoin seems to be range boundBINANCE:LTCUSDT
On April 26, Litecoin experienced a highly volatile day, with both bulls and bears attempting to seize control but ultimately failing.
Following such a large volatile day, a period of range contraction typically ensues for a few days. The fact that the moving averages are flat and the RSI is just below the midpoint suggests that the LTC/USDT pair could move sideways in the short term, oscillating between HKEX:85 and $96.
A breakout above HKEX:96 or below HKEX:85 would signal the start of the next trending move. If bears manage to push the price below HKEX:85 , the pair may drop to $75. Conversely, if the bulls take control and drive the price above HKEX:96 , it could open the door for a possible rally towards $106.
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$LTC$87.26 a close below would invalidate this idea ( manipulation possible wick below take liquidity then pop)
for now assuming we tag 182 post its halving in under 100 days so worth punting a long here for the time period with a tiny risk compared to the reward
swing entry is decent too tbh all depends on how much you are willing to risk and how much do you really want to make ;)
we should flip this 200 ema here and then have our golden cross assuming all goes well fun should begin in a month
maybe use a different account enter the trade and log off ..
LTC/USDTNYSE:LTC
we have an ascending broadening wedge pattern! which is a bearish pattern, but does not mean it will always breakdown, but instead we can use it as a guideline for support and resistance levels.
Inside of the ascending broadening wedge pattern what we have is a symmetrical triangle, you can see the blue dotted lines is support level which must hold if it doese not hold then the green line would be a great buy level, personally as long as btc stays above FWB:25K I do not see us breaking down to that level, so a good trade could be entering the blue dotted line and waiting for a breakout which can be within 38 days because we are starting to compress inside of the symmetrical triangle.
GL
Ltc waiting for breakout It’s waiting time for Ltc. Ltc will go down if price goes below the Red line. And Ltc will go up if price breakouts the green line. And target will be 150
LTCUSDT - 4H In the 4-hour time frame, if the price breaks the 88 range and stabilizes below it, it can fall to the 83 range.
If the price reaches the range of 92.5, due to the existence of a supply range in that area, we expect the price to fall again.
LTC: A Move Below 84.20 Could Push Price Down FurtherLTC: A Move Below 84.20 Could Push Price Down Further
LTC is reacting very well to the bearish moves as we may see.
Also, the BTC moves are showing that we may see the crypto market
moving down again.
As a minimum, we may see more correction in the market and a move of LTC
below 84.20 will push the price down further as I see.
Thank you and Good Luck!
