💎 LTC has indeed seized our interest, breaking through the Symmetrical Triangle pattern with substantial volume and a robust bullish green candle. LTC successfully breached the resistance zone, which has now transitioned into a support level at $68.30. 💎 However, LTC has not yet initiated a downward movement for a potential retesting phase. At this juncture, LTC...
oday, the price of Litecoin stands at $64, backed by a 24-hour trading volume amounting to $234 million. With a market capitalization of $$4,735 billion. Over the past 24 hours, the LTC price has seen a 3.94% increase. The LTC price analysis for 22 October confirms that bulls are attempting to prevent a downward rally as LTC price met a surge in buying pressure...
As I wrote earlier, I like Litecoin. There will be a halving soon (people think it's time to buy) The market is generally positive I like the structure *not financial advice (these are trading ideas myself)
Litecoin (LTC) technical analysis: Trade setup: Following a bearish breakout from a Channel Down pattern, price is consolidating in a Sideways Channel ($60-$70) although overall trend is down. Swing Traders: can trade the channel (Enter near $60 support and Exit near $70 resistance). Pattern: Price is trading in a Sideways Channel , which is a neutral pattern...
TD Sequential has formed a reversal signal to the downside (4H TF) Price broke down through 50EMA (1H TF) RSI is moving in the sellers zone (1H and 30m TFs) I believe that LTC will continue to decline.
LTCUSDT created an bearish pennant followed by the bearish trend formed. Here we see a breakout and pullback on the key level where it still remains under the bearish pressure which is expected to revisit back on the highlighted support on the bottom.
Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Litecoin, Ethereum, Cardano, Uniswap, and Polkadot may come under pressure. Chainlink bucks this negative trend and has upside potential, according to ATTMO. Over a one-week horizon,...
The price has been going down since it hit the monthly resistance MR1 a few months back. The price came back to monthly support and bounce from there. Now it is experiencing a pullback from that bounce and the price is currently trading at weekly support WS1 which is also close to monthly support MS1. I think the current setup is offering a good long opportunity...
With the ever-evolving crypto landscape, it's easy to get caught up in the latest trends and tokens, but sometimes the most valuable gems are right in front of us. Litecoin, often referred to as the "silver" to Bitcoin's "gold," is one such cryptocurrency that has been quietly making strides in the digital currency world. Here are a few reasons why Litecoin might...
LTC - 10/10/23 **Trade setup:** LTC is trapped in between this supply and demand zone since the fall from $84, if it is broken there is a FVG to tap into around $72 a break of $72 will turn the trend bullish again! If this DEMAND zone is broken it will head for the low it created 16th AUG!
LTC/USD futures is currently sitting upon on support. Support shows its current stability can rise towards $104.68 LTCUSD BUY/LONG Entry: $63.63 Stop Loss: $58.84 Targets: TP 1: $84.63 TP 2: $104.68 SWING TRADE Risk: 2-5% of Capital
Traders, In addition to breaking out of the triangle, LTC has now formed and broken the neckline of an Inverse Head and Shoulders. The target here takes us straight to the underside of that RED TL (major resistance) and that will be my target. Entry = 67.67 Target = around 78-80 SL = under 63 R/R = 2.5 Additionally, I have move the stops of ALL my other trades...
Probably wont get to $250k, but a big move to the upside is coming I believe. Also as you can see all indicators on PMI are pointed up. Good luck everyone, just an idea and not financial advice.
LTCUSD will double bottom along this horizontal line This allows for a bullish reversal Currently LTCUSD is a bargain, buy up!
- Litecoin (LTC) experiences intense volatility prior to its halving event. - The halving event is expected to reduce the mining reward for LTC from 25 to 12.5 coins. - Price fluctuations are observed as investors panic sell and others hold on to their positions. - The trading range remains relatively tight during this period. - Uncertainty surrounds the impact of...
Litecoin may turn upside for wave d from a triangle pattern if will keep 65.39 level. Wave b rejected at 0.854 fib retracement of wave a and now probably will bounce from 0.854 retracement of wave b(71.09) If will break above 79.77 It will will strengthen our count! Hit the like button if you like my analysis and follow me for future updates! Good luck!
H4 - Bearish trend pattern followed by a double wave correction. Bearish divergence. Most recent uptrend line breakout. Until the strong resistance zone holds I expect short term bearish moves to happen here.
Litecoin (LTC) Technical Analysis: Navigating Short-Term Challenges for Long-Term Gains Introduction: Litecoin ( NYSE:LTC ) is currently trading at $65, and it's crucial to dissect its high-timeframe (HTF) chart to understand the potential short-term hurdles and long-term prospects. In this comprehensive technical analysis, we will explore what lies ahead for...