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LTCUSDT trade ideas

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 one of Monday’s biggest losers, as prices fell by as much as 5%. Following a high of 96.36 on Sunday, LTC/USD sank to an intraday bottom at the 91.79 level. This drop sees Litecoin fall for a second consecutive session, after a false breakout of a ceiling at 96.00 prices were relatively overbought, with the RSI hovering close to a ceiling at 62.00, prior to the decline. Previous LTC bulls likely shifted their positions due to the proximity to the aforementioned resistance point. the index is now tracking at 52.00 after this sell-off, with a floor at 50.00 as a potential landing zone. Hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
LTC short - day trade LTC is going nicely so far and as planned earlier today. Taken some profits here and opened a new shorts at 86.60$ and 86.47$. We are still aiming for the same TP's and the bearish plan remains until proven wrong. Stops tighten around breakeven (87.87$). We should not see any PA at these levels if we continue to the downside. Bearish plans remains the same. TP 85.20$ TP 84$ SL 87.87$ (hard stops) --> reclaim and we will look for another trade idea. Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707
LTC short - day trade LTC has been trading down and retesting lows like most other cryptos. Entered a short (yesterday) at 87.87$ and will look for a retest of the mid range and possible continuation to the downside. Expect price to cap around the 15min void gap (blue box) before continuation. Hard stops above the current mid range -- 88.62$ Will look to add shorts below 86.60$. New shorts can be opened at the same level with invalidation above 88.45$ Entry (personal) 87.87$ I Entry market (aggressive) I Entry below 86.60$ (conservative) TP 86.60$ TP 85.20$ TP 84$ SL (aggressive) above 88.45$ I SL (conservative) above 88.62$ Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707
$LTC still on track to fulfill $130+ pre-halving narrativeYes we dumped. Why? Because of the SEC and binance. Do not be scared. $130+ is still in the cards. Look at the previous time we had a big red candle, we hit the ascending support line and bounced right up and eventually hit a monthly high of $97.5. The same thing is happening now, in spite of FUD. CRYPTOCAP:LTC is impressively strong and resilient: touch the ascending support line leads to a rally upwards. Next top will be around $100. As per Fibonacci retracement and liquidity analyses, it is much much harder to reach $100 than it is to hit $130 and beyond. Mark my words. By July we will have hit $130, my most conservative target. Best case would be $180+
Long
by sky_btc
1
LTC/USDT 1DInterval Targets and StoplossHello everyone, let's look at the LTC chart on the one day time frame. As we can see, the price is still above the uptrend line. Let's start with setting targets for the near future that we can take into account: T1 = 89,13$ T2 = 92,33$ T3 = 94,98$ T4 = 97,54$ and T5 = 101,28$ Now let's move on to the stop loss in case of further market declines: SL1 = 83,56$ SL2 = 80,14$ SL3 = 75,28$ and SL4 = 69,44$ The CHOP index indicates that there is still energy for movement, the MACD indicates the uptrend is maintained, while the RSI, despite a strong rebound, still takes place for the price to go down to the previously mentioned support areas.
by cryptodailyuk
LTCUSDTThere are only 60 days left until the halving of Litecoin, and according to the data we have from the previous halvings, the upward movement will continue until 40 days before the halving, and after that the downward movement will begin. So, most likely, less than 20 days from The upward days of Litecoin remain and the prediction of the price of 130 dollars for these days should not be far from imagination. You should also consider possible sharp movements for such events. ⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Long
by Madoir
LTCUSDTHello dear friends, *Mars Signals Team wishes you high profits* This is a daily time frame analysis for LTCUSDT.1D We are in the daily time frame. And now the price is hovering over the resistance zone and the price is moving slightly above the resistance zone. If the price can consolidate above the resistance line, we expect it to start moving towards our second resistance line. But if it cannot stabilize above the resistance line, we expect to fall to the first support line. 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
Litecoin (LTC) Price Analysis 2023Litecoin (LTC) ranks 12th on CoinMarketCap in terms of its market capitalization. The overview of the Litecoin Price prediction for 2023 is explained below with a daily time frame. In the above chart, Litecoin (LTC) laid out an ascending triangle pattern. It is the inverse of the head and shoulder pattern. Generally, in this pattern, the price action slides downwards and then rises up. Thus, forming three troughs in the pattern, left shoulder, head, and right shoulder. This pattern can be a potential signal for the upcoming bullish market. If the price action establishes a breakout above the neckline resistance, the price might rise up to new highs.At the time of analysis, the price of Litecoin (LTC) was recorded at $91.99. If the pattern trend continues, the price of LTC might reach the resistance levels of $93.31 and $11. If the trend reverses, then the price of LTC may fall to the support of $83.31
Long
by TheNewsCrypto
20
My vision of the scenario on the $LTCArguments for this development of events: 1) On the graph, you can see a push to the resistance level (it has only fake out - you need to sell) 2) Everything above $75+ was distributed to weak hands 3) The crowd is very positive about LTC (there should be a halving and a price increase - everyone thinks so) 4) Waiting for regulation of the crypto market (this will lead to the final wave of decline) Write your coins in the comments. Thank you for your attention
by MyTechNAz
Litecoin Halving Soon,what's Next?#LTC UPDATE LTC is creating a symmetrical triangle pattern in this daily time frame (basic about symmetrical triangle pattern) A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. KEY TAKEAWAYS #Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes. #The breakout or breakdown targets for a symmetrical triangle are equal to the distance between the initial high and low applied to the breakout or breakdown point. #Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation. The upper trendline is acting as resistance right now, and if it doesn't break out of this pattern, we may see a retest of the lower level of this pattern, which is also the golden level of fid retreatment. After the breakout of this pattern, we can anticipate a very strong bounce. LTC is encountering resistance at $102 but market sentiment indicates a breakthrough is on the horizon. The best exit place for short-term investors would be in the $130–$140 region if this barrier is broken, at which point LTC might start a bullish run. This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor. For more Quality Charts Analysis, follow us. I'm grateful.
Long
by CRYPTOMOJO_TA
4
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 one of Thursday’s notable gainers, as prices moved past a key resistance level. Following a low of 88.35 on Thursday, LTC/USD rose to an intraday peak at 94.21 earlier in the day. Litecoin broke out of its recent ceiling at 93.00, hitting a two-week high in the process. it appears that Thursday’s surge came as the 14-day relative strength index (RSI) broke out of a ceiling at 58.00. Since the breakout, the index has continued to climb, and as of writing this is currently tracking at 59.76. In the event momentum continues in this direction, there is a strong chance that LTC will move above 95.00. Hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563