Hi everyone👋 (Reading time less than 5 minutes⏰) . In this post, I tried to share all the information you need about Litecoin Halving. (in terms of Fundamental and Technical ). 📚First, let's learn more about Halving and especially Litecoin Halving .📚 💡 What is a block-halving event ❗️❓ As part of Litecoin's coin issuance, miners are rewarded a certain...
Litecoin (LTC) Bitcoin's recent downturn has also influenced Litecoin's price. The asset has repeatedly tested the $66-$68 support zone, five times in the last two weeks, with the price rebounding relatively quickly each time. Litecoin is currently hovering around the resistance zone of $72.1-$73.3. For LTC, continuing its upward trend remains a priority, but...
All 3 wave structure in this bullflag It's a sleeping giant !!!
Taking into account the fact that in the medium term we are more inclined to believe that the crypto market will grow, we continue to publish medium-term trades. In order to continue the growth of the crypto market, we would not like to see a correction of the BTCUSDT price below $26950-27000 in the coming days: In previous years, the LTC price was one of the...
Litecoin (LTC) technical analysis: Trade setup : Following a bearish breakout from a Channel Down pattern, price has now also broken below $65 support zone, resuming its downtrend. That support area held up recently in August but also in March and Dec 2022, thus its significant sign of weakness to see that level broken. Price could revisit $50 support next. ...
I hope I'm wrong, dropped out of the triangle and top 3 times before. This is not entirely positive for LTC. Also, the existence of other cryptocurrencies with similar or better properties (XRP ?) may affect the demand and value of LTC. Competition in the cryptocurrency space is very strong, so it is important to monitor the innovation and development of...
I've been seeing lots of LTC, hopium bullish into the halving, tweets. Well, the reality is that when the 12 and 21 EMAs cross to the downside on the weekly chart, it tends to be very bearish for Litecoin. Arrows are presenting those crosses, and you can see the downside that happens after the crosses happen. On average, the downside is 58%. That would mean...
Hi Traders, Investors and Speculators of Charts📈📉 LTCSDT / Litecoin is looking ready for another bullish cycle after a clear completion of the Elliot ABC correction Waves. We see a very similar pattern playing out during 2020 and it gives us a good idea of what to expect from LTC before another parabolic rally. While you're here 👋 Check out this idea on CRV...
Yesterday, on 02.08.23, "LTC halving" took place on the 840000 block. Now the reward for a mined block has been halved, from 12.5 to 6.25 LTC. Given that yesterday the cryptocurrency market made several attempts at correction, the LTCUSDT price did not show any "independence" and also adjusted downward. Now, the LTCUSD price has approached the potential buy...
Hello Traders, As you know, Litecoin block reward will be halved in a month. In the TA view, we can see a clear breakout on the weekly timeframe. First target would be ~$135-140. Max target for this wave = ~$165-170 Please hit the boost button if you agree. Thanks
Today, let's look at what is happening on the LTCUSDT chart In 33 days, LTC Halving will take place, which means that the reward for a mined block will be halved. Previously, before the two previous halvings, which occurs every 4 years, the LTC price peak was reached 40-42 days before the halving. We described it in more detail here: This year, it seems...
The next halving of Litecoin is set to occur on August 2, 2023, where the block reward for mining LTC will be reduced by 50% from 12.5 LTC to 6.25 LTC. This means that LTC miners will receive half the number of LTC for their mining efforts, effectively controlling the inflation rate of LTC and manage its supply over time. Like #Bitcoin, #Litecoin operates on a...
Hi dear friends, hope you are well and welcome to the new trade setup of Litecoin (LTC) with US Dollar pair. Previously I shared a long-term trade signal for LTC, which is still in play as below: Now on a daily time frame, LTC is about to complete another bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It...
Litecoin - 24h expiry - We look to Sell a break of 90.68 (stop at 93.88) Trend line support is located at 93.00. Prices expected to stall near trend line support. A break of the recent low at 90.85 should result in a further move lower. The medium term bias is neutral. There is no clear indication that the downward move is coming to an end. Our profit...
You are reading absolutely right. According to my analysis, this is a complete cycle. First, wait for LTC to reach $120-$130, and then there is a possibility for it to go down to $40-$34. I have already conducted an analysis of LTC before, which you can check on my profile
Hi Traders, Investors and Speculators of Charts📈📉 We are seeing a correction on LTCUSDT after a 38% increase and it's time to secure those profits! LTCUSD is likely to correct to the next immediate support zone where you can either 💥take a swing trade and short, or 💥 wait and accumulate more at the demand zone back in the $90's Previous Litcoin Update :...
Hello 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...
Litecoin - 24h expiry - We look to Buy at 88.62 (stop at 86.12) There is no indication that the rally is coming to an end. Short term momentum is bullish. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look for gains to be extended today. Our short term bias remains positive. Our profit targets will be 94.62...