LTC Trendline RetestAfter breaking the range from my previous analysis, we´re looking at a retest without RSI divergence.
This means that the higher probability is for another leg down soon, to make a a new lower low beyond 56.96.
LTCUSDT.3L trade ideas
Litecoin Is approaching The Retrace AreaHey Traders, in today's trading session we are monitoring LTCUSDT for a selling opportunity around 67 zone, Litecoin did broke the 67 support last week and currently seems to be in a correction phase in which it is approaching the retrace area.
Trade safe, Joe.
Litecoin (LTC): Possible Break of TriangleLitecoin on the 3-hour timeframe is looking interesting after that huge fall on the 4-hour timeframe, where we are now forming a smaller triangle pattern and looking for another downward movement from here.
We displayed the approximate movement we want to see on Litecoin, where we might see a smaller fakeout movement to 100EMA but the end result should be a breakdown from trinagle formation and a movement to lower zones!
Swallow Team
Is LTC approaching a trend reversal?I invite you to check the situation of LTC in pair with USDT on a one-weekend basis.
We see on the chart that the price is at the intersection of two lines, an upward trend line and a downward trend line. These are the two main trend lines that have currently formed a triangle from which the price will choose the direction of movement.
Locally, we can see a sideways trend channel with smaller and smaller lows.
The RSI indicator shows that we have approached the place where we could previously observe price rebounds, the STOCH indicator looks similar, but here we can see a movement at the lower limit, which may translate into an upward movement.
Moreover, the chart shows how the price remains in a strong support zone, which may also influence the upcoming rebound towards the designated resistances.
Litcoin "Silver Still Interesting"Weekly timeframe can see the Litecoin is good sign in support trendline
Mean its buying opportunity, buy, hold, and forget
LTC: Weekly Chart Update.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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Now, let’s dive into this chart analysis:
LTC is currently retesting the crucial supporting trendline with the current price at $69.64. This supporting trendline has been well-respected since December 2018, and a breakdown below the support will likely be an uncomfortable situation for LTC.
Early this year in February, LTC broke above the important resistance trendline, and technically, at present, it is in a retest phase. The upcoming weekly close will be important for LTC.
Key Observations:
~ Current Support: $69.78 (Must Hold)
~ Lower Support: $47.90
~ A rebound from the current support will possibly build up better chances for a bullish rally in the coming days
DYOR. NFA.
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Stay strong.
#LTC
LTCUSD Is Under The Pressure Of a Bearish BitcoinHey Traders, in today's trading session we are monitoring Litecoin for a selling opportunity around 75 zone, LTCUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 75 support and resistance area.
Trade safe, Joe.
Litecoin (LTC): Looking For Double Bottom Pattern (Sell Time ?)Litecoin is looking interesting after that liquidity grab, touching nearly 200 EMA and getting rejected immediately.
As we are now slowly entering back below the resistance zone, seeing that the re-test of the broken zone is failing, we are looking for a double bottom pattern to form here, leading to a to a price as low as $67.50
Swallow Team
Ltcusdt in potential Ascending setupPrice has been forming a series of higher highs and higher lows and this is positive sign and indicates increased demand and confidence among buyers.
Therefore, LTC is very bullish. All attention should be on this immediate support level
Litecoin LTC price will it surprise and delight or not?#LTCUSDT price is not rising particularly rapidly, but it is not falling either, which is important in the current situation on the crypto market.
Consolidation and position accumulation, at least this assumption can be made.
For #LTC price, the buying zone $65-72 can be noted as balanced in the prism of risk management.
Do you believe that the #Litecoin price will start growing this year?
Litecoin shortLitecoin bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 68.5 is expected to happen.
The price might move downwardThe trend of Litecoin is upward, consistently forming ascending patterns and gradually increasing.
A large ascending channel has been identified, and Litecoin continues its upward movement within this channel.
One key scenario involves the potential breakout of this channel. If Litecoin exits the channel and then pulls back to it, the price might move downward.
LTCUSDT Elliott wave countLitecoin bullish sequence in 5 waves, wave ((i)) started from 40.29 low to 115.05 high favors more upside.
Wave ((ii)) pullback ended 55.00 low.
Leading diagonal started from 55.00 low to 113.00 high for wave (i) of ((iii)) followed by a pullback started from 113.00 high to 67.28 low, a complex correction for wave (ii).
Above 67.28 we are looking to the upside for wave (iii) of higher degree wave ((iii)).
Clearing 89.67 will add more confidence that wave (iii) is unfolding.
Possible target for wave (iii)) 200 - 215.
Litecoin is approaching a decent resistanceHey Traders, in today's trading session we are monitoring LTCUSDT for a selling opportunity around 73.00 zone, Litecoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 73.00 support and resistance area.
Trade safe, Joe.
LTC CLEANEST TRADE SETUPLTC has formed one of my best trading setup. It did CHoCH and shifted into bullish. As its has been turned bullish so we will look for longs. There is OB+FVG+SSL setup and possible longs.
Litecoin shortLitecoin bounced off the 0.5 Fibonacci retracement level. Bearish movement is likely to continue and reach the 67.7.
LTC travel channelLitecoin (LTC) could potentially drop to $60 or lower, contingent on Bitcoin's price movement. However, this presents a prime opportunity for Dollar-Cost Averaging (DCA). A new all-time high (ATH) for LTC is likely on the horizon. As the second oldest cryptocurrency, Litecoin could experience remarkable growth, making the current price levels seem trivial in hindsight.
Litecoin, alongside Bitcoin Cash (BCH), constitutes one of the largest holdings in Grayscale's crypto portfolio (BTC: $18B, ETH: MUN:10B +, ETC: $200M+, LTC and BCH: around $130M each). This substantial investment suggests that LTC and BCH could be strong candidates for ETF listing. Unlike Solana, with $60M+ holdings and regulatory uncertainties, Litecoin is not classified as a security.
If Litecoin were to be included in an ETF, we could potentially see its price soar to $2,000 or more. Without it ($800-$1600)
LTCUSD Litecoin a Short selling crab market like BItcoinThe cryptocurrency is moving up again, but it will most likely end up in a "crab market."
The term "crab market" is a state where an asset's price moves sideways without significant upward or downward trends.
So do BTC and Litecoin
Bias for both currencies bearish
Rising proces and ralley will be traps: Rising prices with decreasing volumes that will be caused by scalpers, or posers...This short term rallies should be used a higher potentiall of short selling.Falling prices with higher bearish volumes...The bullish moves will be difficult and very slow.
Strategy Short selling
I have marked the stops,and two trading strategy types: Lower Risk and higher Potential but you will need alot of patience to reach your entry.
Type 2 Higher pullback risk, but also higher Profit potential.
Also I have mared the entries, stops and profit targets that could be reached potentially
LTCUSDThe LTC/USDT pair currently trades at $74.77, positioning itself for notable bullish movements across various timeframes. In the near term, price targets are set around $90.00, reflecting immediate upside potential supported by strong technical signals and market dynamics.
Looking ahead to the medium term, targets extend to the range of $100.00 to $110.00. This forecast is underpinned by robust momentum indicators and bullish patterns suggesting sustained upward momentum.
For the long term, LTC/USDT could aim for $120.00, driven by favorable market conditions and ongoing adoption within the cryptocurrency ecosystem. Further out, targets expand to $150.00 to $180.00 by Q4, illustrating significant growth prospects backed by historical price trends and extended Fibonacci levels.
Investors and traders are advised to monitor key technical indicators, such as the moving average convergence divergence (MACD) and relative strength index (RSI), which affirm bullish sentiment and potential price appreciation. Risk management strategies should be implemented to navigate market volatility and optimize entry points aligned with support levels.
Continued vigilance on market developments and regulatory factors impacting cryptocurrencies will enhance decision-making processes and support strategic investment decisions
Litecoin analysisMy analysis of Litecoin for more than a year has not changed.. It must achieve the planned course, which was long delayed???
God is the only one who knows that it will happen at a certain time. We are waiting for it and perhaps we are very close to it according to market data!
Litecoin fractal in 5D timeframes.Litecoin's fractal is pretty interesting at the moment. Be careful what you wish for. #LTC
LTC/USDT Hold Trendline here and UPHello
If the market correction is near end and LTC holds this trendline then we might target 240
Check the volume on trendline . Every time is a big battle there
70/30 long here with under 45 invalidation
