Litecoin begins to show strengthLitecoin begins to show strength before halving, which is expected in 31 days
LTCUSDT.P trade ideas
LTC: Symmetrical Triangle BreakoutLitecoin (LTC) technical analysis:
Trade setup : Price is trading in a Symmetrical Triangle. Trend traders need to wait for a breakout. A bullish breakout could lead the price to revisit $105 resistance
Pattern : Symmetrical Triangle , which is a neutral pattern, suggesting indecision in the market. Although it could break either up or down, it usually breaks in the direction of the prevailing trend (i.e. continuation not reversal).
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, which it broke then $105.
#LTC/USDT Halving Targets.#LTC : Likely to hit the $100 mark in a few days.
Psychological and technical resistance is at the same level.
Also, keep in mind the halving is in 40 days.
I am holding a bag for $62 which is our average entry.
Our target is $180+ by the EOY.
Let me know what you think in the comment section and do hit the like button if you find it helpful.
Thank you
#PEACE
Litecoin wants more?In the 1 day timeframe we see a breakout of the downtrend channel. In 4 hour timeframe litecoin is at the bottom of an ascending channel. Litecoin needs to break the 96 mark zone to grow more but even if we don't see thast breakout we have a good opportunity to swing between 88 and 96
Litecoin breaks the weekly resistanceLitecoin is shortly before closing the week above an important resistance level. I expect more grow within the next weeks.
Clean breakout, next challenge horizontal resistanceClean breakout of the downtrend, but currently at horizontal resistance. This will be the first step to overcome before climbing back to triple digits.
Rejection here could send it back down to previous diagonal trend.
#LTC - A breakout of the Final Corrective Triangle is PossibleCRYPTOCAP:LTC on its scheduled halving this year, is potentially to set and break a record new high after this triangle is completed and validated.
@marketpainterPH
#elliottwave
#LTClong
#buyLTC
LTC BREAKOUT DONE #LITECOIN HALVING IN NOW JUST UNDER A MONTH AWAY
What is the highest price will we hit by the time it comes do you think legends ___
LTC has higher targets12h time frame
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LTC already broke above the triangle structure.
Retest is better entry.
TP zone: 123~133 and final target 170
SL: 86
Buy as much LTC as you can and thank me in a few weeks!I'm telling you, You won't regret buying LTC at this price!
or maybe a little lower in case.
I don't think it'll go much lower but in case it dips, look to add more.
If u like the idea then you know what to do!
as always trade safe and don't get rekt. signing off
LTC Analysis : SMCThe ascending triangle pattern in LTC is characterized by a horizontal resistance level, formed by multiple price highs, and a rising trendline acting as support, marked by higher swing lows. This pattern signifies an equilibrium between buyers and sellers, often leading to an eventual bullish breakout.
Traders and technical analysts have been closely studying LTC's price action within the ascending triangle, recognizing the potential for a sustained upward move in the near future. If the price surpasses the resistance level, it could trigger increased buying pressure, propelling LTC towards the target price of 84.8.
To manage risk, market participants have set a stop loss at 73.8, aiming to protect their positions in case the breakout fails to materialize. Risk management is crucial in trading and ensures that potential losses are controlled.
While technical patterns like the ascending triangle can provide insights into possible price movements, it's important to consider additional factors that could impact LTC's trajectory. Market conditions, investor sentiment, and broader cryptocurrency trends may also influence the price action of LTC.
According to CoinMarketCap, the LTC price is trading at $76.49, at the time of writing.
Traders and investors are advised to keep a close eye on Litecoin (LTC) in the coming days as the ascending triangle pattern unfolds. The potential breakout above the resistance level could generate significant trading opportunities. However, it is crucial to conduct thorough research, consider multiple indicators, and consult with financial professionals before making any investment decisions.
Waiting for the resistance to breakLitecoin LTC has grown by 34% in the last two days.
Now, by reaching an important resistance range, there is a possibility of correction for this currency, but in general, it is in an upward trend, and the possibility of the continuation of the trend after the pullback and correction is not far from expected, and as long as we react to this support range and see that Will it be able to maintain its climbing power in the lower 12% or not?
LTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Entry: market and lower (im in pos from 77.3)
Targets: 105 - 115 - (125-140)
after first target reached move ur stop to breakeven
Stop: ~75 agreesive, or 65 conservative (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Litecoin bullish idea for short termi am seeing litecoin is bullish in 1 HR time frame.. Buying and Selling Zones are on charts..
Fell free DM me for personal trade ideas and i can do analysis your favorite forex currency/Crypto Pairs..
ltcusdtHello friends. The 103-day moving average has risen and the price has exited the downward channel with strength, but has not stabilized.
LTC flag is up🙂No worries to touch 140!
LTC flag has been completely formed and now is trying to find some new resistances!
140 is the next station
LTCThe price has broken above the resistance of the descending trendline and the weekly 100 and 200 EMAs. It may attempt to retest the $100 level before the upcoming halving event in August. The price is in a highly overbought zone, which could result in a correction to test support levels. The nearest significant resistance levels are the weekly 100 and 200 SMAs.
Litecoin prepare for bullish breakout 🔥 🚀LTC Today Analysis💎LTC is gearing up for a potential bullish surge. It's been trading within an ascending channel for the past month, and within this channel, a falling wedge has been observed, hinting at a significant bullish move.
💎We're anticipating a breakout in the upward direction. If this breakout occurs, it could present a fantastic trading opportunity.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
Correction Is Over👉 The LTC Price About To Breakout From The 95$ Resistance And Trend Line ,The Setup Is Bullish For Me And The Main Target Is 170$ Is MidTerm
📈 By This Bull Flag Formed At The Chart And Also Halving That Will In Next Month LTC Have a Extreme Bullish Potential
Litecoin LTC potential rally with the Stock MarketCryptocurrencies were left behind by the recent Stock Market rally.
With the arrival of new BTC Bitcoin ETFs, I expect the Crypto Market to follow!
LTC/USDT forecast
Entry Range: $85 - 90
Price Target 1: $96
Price Target 2: $102
Price Target 3: $107
Stop Loss: $75
LTCUSDT - Short by High Low Pivot & 2 EMAs 6/30/2023* Daily timeframe: New low
* Current timeframe:
1- Short trend when Swing Low (1) & EMA 21 under EMA 50.
2- Swing Low(2) is continue & High still under Swing Low (1).
3- Opens a Sell with Stoploss at Highest price (Swing High) between Swing Low (1) & Swing Low (2) (Rule to find Stoploss).
a/ Moving stoploss when occurs Swing Low(3), Swing Low(4)(5)...
b/ Wait to retest previous swing low if ratio of Reward > Risk (>1).
#LTCUSDT Signals a Bullish Revolution💎#LTCUSDT shows great potential on the weekly chart, primarily due to a significant bounce off a key demand zone. Previously acting as a supply area, #Litecoin demonstrated a clear rejection of this level in March, indicating a shift in market dynamics.
💎To validate the bullish trend, we need to witness the formation of a new higher high, preferably accompanied by a weekly close above the most recent higher high. This would serve as a strong confirmation that the trend is indeed changing to bullish. Once the breakout occurs, the MCP team will diligently search for the most attractive buying opportunities, ensuring a favorable risk-to-reward ratio.
💎In the event of an uptrend, we could potentially witness explosive growth ranging from 200% to over 300%. The initial resistance lies at the 38.2% Fibonacci retracement level, which aligns with the Volume Profile level around $182. However, if the price surpasses this level, we can anticipate an impressive surge towards $270, corresponding to the widely used 61.8% Fibonacci retracement level.
💎Although we are currently in a waiting period before the storm, actively seeking the perfect buying opportunity, caution remains a priority. We will closely monitor the demand zone, as any significant break below it would be unfavorable for the bullish scenario.
LTC has bullish flag The instrument has formed a consolidation in the form of a bullish flag, the upper border of the flag also coincides with the mirror level near the round number 85. The candle model is on the doji hourly TF, which may indicate a reversal, since it is formed at a level near the channel border. Also, the volumes for sale on smaller timeframes are increasing. I expect a rebound from the border of the flag and movement to the nearest support level in the area of 82
