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LTCUSDT trade ideas

LITECOIN: Entering the Halving Cycle First 🌓 (Part 2)Best trade are the high leveraged ones that we manage to keep open and then forget about. Just hit second target for LTC and a breakout has taken place..lovely volatile day! Why Pump? For the same reasons we mentioned last time..read the title: part 1: Litecoin Halving Is Just Around The Corner Here’s the deal with the halving. Miners in the network get rewarded with Litecoin for producing blocks. At the beginning, it was 50 LTC per block. But every 4 years or so (around 840,000 blocks), that reward gets cut in half. Currently at 12.5 LTC, it will drop to 6.25 LTC after the August 2023 halving. Like Bitcoin, Litecoin was designed to be deflationary, like gold or silver. As time goes on, the number of LTC mined decreases, making them scarcer. The cool thing is that Litecoin’s issuance is predictable. We know the total supply (84 million), block time (2.5 minutes), halving schedule (every 840,000 blocks) and thus the end date of the issuance of new coins (around 2142). The network controls issuance through consensus. One Love, The FXPROFESSOR 🌓 Link: bitcoinist.com
Long
by FX_Professor
21
LTCUSDT, Multi timeframe analysis to invest📈 LitecoinHello guys. Everything is explained on the chart for you like always, After decreasing phase, the price is in the accumulation phase and the ascending phase is starting specially with Halving in August. So we have a good point to buy as a investment, You can consider it and monitor the price's actions in the circle to buy it. Observe the capital management and stop loss for any unforeseen event in the market. Good luck If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below for me . Salam doostan aziz, hame chiz rooye chart moshakhas shode be dide sarmaye gozari boland modat baraye harkat soodi movaghate market. gheymat baad az faaz nazooli varede faaze anbaasht shodeh va faaze soodi dar haale shoro kardan hast bekhosoos ba Halving dar mahe August. pas ma noghte kharide khoobi ro darim. raftar gheymat dar dayere ro darnazar begirid. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid. moafagh bashid. like va follow faramoosh nashe :)
Long
by ArashBanakar
6
$LTC Litecoin spot targetsHere I present to you the macro Fibonacci targets for $LTC. CRYPTOCAP:LTC has surged +30% the past week in anticipation of the halving event in August . We have successfully wicked the 0.236 ($114.66) Fibonacci level. As expected we faced a first rejection. I expect a fast upside movement once we surpass $114.66 which will bring us to the psychological $125-130 target. Then we might face a micro-correction to $114-115 before the final leg up to $171.79 ++ Cheers! Sky
Long
by sky_btc
Ltc complete analysisLtc is now trending because of its halving period which is after one month. If we look at 4h chart then we have a red zone which is acting as a key level. If price flip this red zone with good voulme then we can see big pump ( Targets are mentioned in the chart). And other possibility is if we got rejection and also it forms bearish candle then we can look for shorts. And next buy zone is also given in the chart which is target of short position. What is your opinion
Long
by Thebitcoin37
1
LTCUSDTHello Crypto Lovers, This is a 1D frame analysis for LTCUSDT As you can see, the price has been able to move above the support line and has been able to establish itself above it. Currently, the price is below the resistance line and there is a possibility that the price will bounce back to the first support line and if it holds above it, it can start to move towards the resistance area again. However, if it fails to hold above the first support line, it may have the possibility of correcting to the second support area. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
1
LTC 1DInterwal Rewiew - Long-TermI invite you to review the LTC chart on a single day interval. As we can see, the price stayed above the uptrend line, and including the corss 50 and 200 emas, we see confirmation of the uptrend. Let's start by marking the support spots for the price and we see that first we have a support zone that starts at $97 and ends at $876, however if the price goes lower, the next very strong zone is from $68 to $56. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price bounced off a very strong resistance at $114, only when it breaks it and positively tests it will move towards the resistance at $134. The CHOP index indicates that the energy has been consumed, the MACD indicates that the uptrend is maintained, while the RSI rebounded from the upper limit of the range, which confirms the initiated price correction.
by cryptodailyuk