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LTCUSDT trade ideas

LTC continues to lose bullish steamLTC continues to lose bullish steam The price was brokeout by a complex pattern and currently confirmed a bearish wave. It may be temporary, but it may also move further down to the second target. We have seen several times that LTC suffers from the bullish volume problem. On the other hand also BTC is not clear and it can push all the crypto market down in this way. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
LTC (LITECOIN) UPDATE - SHORT TERM TRADE SETUP This is BINANCE:LTCUSDT update following through on our daily timeframe analysis. It looks as though we are about to end an impulse (context on daily timeframe chart - see below). Wave 1, 2, 3-green is done. Wave 4 has begun, already created it first wave A, B & C where wave C retraces and has been rejection at the 60% Fibonacci level of wave A which looks like a perfect order block or some other fancy names other analyst call it :). Now we wait for wave D & E to complete. Meanwhile we could see a push out of the channel close to previous swing high (wave A-blue) at $88 to which would still end up being a Triangle but that scenario is very less likely. Either way the invalidation (red dotted line) is clearly on the chart ($92.97) More confluence, classically, is the DESCENDING PARALLEL CHANNEL where price has rejected few times (circles) from here on I expect price to start dumping to create some kind of short term temporary support which becomes a sell side liquidity to be taken later. I mean come to think of it, it's weekend so that little usual dump is expected too. PREVIOUS ANALYSIS OTHER ANALYSIS
Short
by DewyCandles
💎 LITECOIN (LTC) - Investment Opportunity (READ THE CAPTION)Upon examining the #Litecoin chart on a weekly timeframe, we can see that the price is currently trading around $81.5 and there is still an opportunity for further analysis for long-term investment. The demand zones are respectively from $67 to $72 and $53 to $59, while the supply zones are $93.8, and from $112 to $134. The targets for this cryptocurrency, in order, are $92.5, $115, $200, and $268. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
3
Is LTC's price attempting to surpass the $100 threshold again?The concept of advance breakout and breakdown is highly effective in technical analysis, especially with indicators like the Relative Strength Index. An advance breakout occurs when the RSI indicator surpasses its previous peak or breaches a trendline while the price has not yet done so. This serves as an advanced or early signal, suggesting that the price will likely follow the direction indicated by the RSI in the upcoming sessions. So... is it? :)
Long
by Phenor
LTC/USDT Ready to Claim its Local Top Again? 👀🚀LTC Analysis💎Paradisers, brace for a significant turn in the #LTCUSDT market, signaling a potential bullish rally from the current demand zone. 💎Following two profit-taking phases, #Litecoin has exhausted the buy-side liquidity, setting the stage for a possible dip before a rebound from the vital Bullish OB zone at $74.90. If CRYPTOCAP:LTC musters sufficient bullish strength, we could witness a forceful advance challenging and potentially breaching the upper supply zone. 💎However, if #LTC falters in holding its position within this crucial support zone, a rapid strategic adjustment may be necessary. Enter Plan B: we might then initiate a bullish move from a lower demand zone at $67.14. This level is critical—if CRYPTOCAP:LTC falls below this, it might signal the onset of a bearish trend in the market narrative. 💎Stay vigilant and adaptable, Paradisers. Your ParadiseTeam is diligently monitoring and ready to steer you through the shifting currents of the #Litecoin market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise
Litecoin 42824Wants to follow daddy Bitcoin , running after the fact. Anything I post I'm making a move on. THe plan is always a position trade. Sometimes these things run much higher and much quicker thn I think it should and I rotate out. I'm looking for a few things with this play. 1. Something proven and battle tested over a LONG period of time. 2. Not under scrutiny by regulators. I just dont think LTC is on anyone's radar. 3. Proof of Work. for me LTC hits all the checkboxes. Its putting in higher lows over long periods of time and Im expecting a large move over the next 12 months. No its not a 100x play. This is more like a 10x maximum. Very low risk though you want it cheapest price but now under 90 is solid. Btc has run. But ppl will want something similiar and IMO ltc is it. Plus it has Mimblewimble I feel its a no brainer. They want our crypto and they want to know exactly what you have. We need to look for alternative chains and cheaper tx. BTC initial settlement layer will at some point be for the mega rich only.
by BrandonrG