Litecoin longLitecoin bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 93 is expected to happen.
LTCUST trade ideas
LTC short - swing trade Been in this short since 90.50$ and taken some as on the SOL trade (linked idea). Stop at BE and waiting for a retest to compound.
We have broken the lower range and are currently retracing.
Will look to open shorts at a deviation of 88.62$ (if there is enough momentum). Clean reclaim and we will look to short higher.
TP 80$
TP 72$
TP 60.60$
SL above 90.45$ if you enter at market (within now and the next 1H) or above 93.75$ if you enter after the deviation.
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.
LTCUSDT at weekly resistance and likely to head downThe price has hit the weekly resistance WR1. The price has momentum and strength. However, I still expect the price to retrace here towards daily resistance. This may provide it the additional strength to move beyond that weekly resistance WR1.
LTC smaller tfLite coin could possibly make another impulse out of this current cloud
Prevailingnine 5.23.23
LTCThe price is in a zone of very strong oversold conditions on multiple timeframes. The mentioned weekly and daily MAs are the nearest support levels. If the price holds above these MAs, it may bounce back to levels above $90.
Inverse H&S with bullish divergence on 4hr MACD + RSI divergenceVery solid looking chart! Expecting some resistance around the 100s but looks good for a long up to that area!
LTC/USD SELL TRADE SETUP.Hello, Traders, I hope you are well and safe. Today am discussing #LTCUSDT For Short. Here is a Full Analysis of #LTCUSDT. When the price Test Supply Area then the Nice opportunity for short. If you have any queries then leave a comment. Thank you
LTCUSD ❕ lower boundary of the rangeTrading volumes declined on the price correction.
50EMA broke up 200EMA on the 4H Timeframe.
The RSI chart is moving near neutral values (4H, 1H and 30m TFs)
I believe that the asset may continue to rise after the retest of the lower range boundary and fixation above it.
Litecoin #Intraday shortThe countertrend-risk deal.
The logic of the deal.
Sell from a strong area of $94, in this zone under the level passed large volumes, closed with a small pin bar. Sell from the current price or at the beginning of the movement and breakdown of 92.
I expect a correction after the growth, with targets 90, 88, 86.
Stop behind high or second stop above 96.
Support for the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
LTC/USD BUY TRADE SETUP.LTCUSD makes a buy-trade setup. Nice opportunity for a long. Test Entry Point Possible Nice Trade Plan. Thank you
LTC/USDT So we are now in the Supply Range on the 30min
what i see that we would have a back.test to on the 85$ where ist the FVG and then maybe continuing to the Up side
sooo i would like to entry here a short position to the FVG
lets see if this work :)
MEXC:LTCUSDT.P
🔥 Litecoin Bull-Flag Break OutLTC has been on a massive move over the last couple of weeks, arguably in anticipation of the LTC halving.
After a week of sideways movement, LTC has finally broken out of the bull-flag pattern and is resuming upwards.
First target at the most recent local top, second target at 100.
LTCUSDT 15M TF,HAVE A LOOKMEXC:LTCUSDT.P
Currently testing 15M TF Resistance zone i have shared my trading set up in the pic.
LTC Long Idea Swing Spot Setup. Entry at the bottom of the symmetrical triangle, last take profit can bring you 140% in profits base on 0.618 Fibonacci retracement level, stop lost -20% only Spot.
LTCUSDT LTC CRYPTOGood time, I have depicted the situations on the page. And I don't think it needs further explanation. Thank you for liking.
🔥 Litecoin Halving Soon: Pump & Dump?The Litecoin halving is around the corner. In a couple of months we will see the rewards per block halved, substantially decreasing the supply of Litecoin. If you're familiar with BTC halvings, LTC works the same.
Historically, LTC has seen an increase in demand to front-run the halving event. The last time this happened, it was a buy the rumor - sell the news event.
I'm anticipating the same thing this time as well. My expectation is that LTC will see some kind of pump over the next couple of weeks towards the blue target area. This will most likely also be the 2023 top.
Do you think LTC will still pump? Share your thoughts🙏
Litecoin c wave longCurrently in a 5-wave uptrend, with the 3rd impulsive wave potentially completing.
Anticipating a corrective move towards the 4th wave support in the range of 90 - 87.80. The target for the 5th wave is around the $100 range.
The (SRSI) is showing oversold.
LTC: Resistance BreakoutLitecoin (LTC) technical analysis:
Trade setup : Price bounced off of support trendline (blue line in chart) and 200-day moving average, and broke back above $90 resistance. Momentum turned bullish again (MACD crossover and RSI crossed above 50 centerline), and price could revisit $100-$105 resistance zone where it got rejected 3x. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high.
Trend : Uptrend on Short-Term basis, Downtrend on Medium-Term basis and Neutral 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.
LTCUSDT Roadmap M15 - Just a prediction, with some projectionI am on a sell with tree entry levels: 91.00 / 93.00 / 94.95 . I spect a resistant at the 95.00 level . if so..I will target 85, but with risk management . If the bull keeps running, I will be stopped at 97.01 level .
LTCThe price has risen to a zone of strong resistance at the weekly 100 and 200 EMAs. The price is in overbought territory on the 4-hour and 8-hour timeframes. $90 and the weekly 50 EMA are the nearest support levels in case a correction begins.
LTC/USDT Technical Analysis: Halving Analysis Points to Bullish LTC/USDT Technical Analysis: Halving Analysis Points to Bullish Trends
In this technical analysis of LTC/USDT, we will delve into the current price movements of Litecoin (LTC) and its potential for short-term and long-term gains. We will also discuss the upcoming halving event and its impact on LTC's price action. Please note that this article is for informational purposes only and should not be considered as financial advice. Conduct thorough research before making any investment decisions.
Key Takeaways:
LTC has experienced a strong bounce from its support level of $75 and is currently trading at $91, marking a 140% increase from the bottom.
The bullish sentiment is reinforced by the anticipation of the upcoming halving event, which may drive LTC towards a $140 target, representing a 70% increase from the support level.
LTC is currently facing resistance at the $98 level, but it is expected to break through soon and soar towards the $130-$140 range, which would be an ideal exit point for short-term investors.
After reaching the resistance zone, LTC could undergo a significant correction, potentially retesting the $50-$60 range. This dip presents an excellent opportunity for long-term investors aiming for substantial gains.
Looking ahead, LTC's long-term targets are projected at $300, $500, and $700, indicating its potential for significant growth during the next bull run.
Analysis:
LTC's recent performance suggests a bullish trend, supported by its strong rebound from the $75 support level. This positive momentum can be attributed to the forthcoming halving event, which is expected to enhance LTC's value proposition. With the price currently at $91, there is a possibility of a 70% surge towards the $140 target before the halving.
Nevertheless, LTC faces a resistance level at $98, but market sentiment suggests a breakthrough is imminent. Once this resistance is surpassed, LTC could embark on a bullish run, with the $130-$140 range serving as an optimal exit point for short-term investors.
However, it is important to note that after reaching the resistance zone, LTC may experience a significant downward correction. This anticipated dip could see LTC retesting the $50-$60 range, offering a favorable entry opportunity for long-term investors aiming for substantial gains during the next bull run.
Conclusion:
Based on technical analysis, LTC currently exhibits bullish tendencies, with the upcoming halving event serving as a catalyst for potential price increases. Short-term investors may consider exiting their positions in the $130-$140 range, while long-term investors can look to accumulate LTC during a potential dip around the $50-$60 range post-halving. With long-term targets projected at $300, $500, and $700, LTC presents an appealing investment opportunity during the anticipated bull run.
Disclaimer: This article does not constitute financial advice. Always conduct your own research and consult with a professional advisor before making investment decisions.
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LTC/USDT looking for the resistance! Hey guys 👋
LTC coin is the starter of the day where we see a nice triangle formation here on daily chart. We are waiting for price to reach the upper side of that formation in order to look for a potential short position.
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