Litecoin has broken out of the local resistance zone, where the price has somewhat secured this zone as well.
We are not looking at further pushes to EMAs or a local rejection from the current zone (fakeout scenario).
We are waiting for outer zones to be reached, and from there we will be looking for further movement, either to upper zones or to lower zones...
By checking the chart of #Litecoin in the weekly time frame, we see that based on the previous analysis, the price has started to grow and we are witnessing a 9% return so far! I still expect more growth from this crypto! ! The targets of this cryptocurrency are $92.5, $115, $200 and $268 respectively!
Please support me with your likes and comments to motivate...
This trade fundamentally relies on the idea that capital will rotate from BTC and memecoins to old POW coins like LTC. Most likely to occur during summer.
Technically, i like the chart
these are some probable setups for litecoin, at the moment I'm neutral but if there's a backup and test of the backup we can open a long position with low risk.
After some time of accumulation price is making higher highs, price broke the last high and the backed up to test it again, its a good place to open a long position with low risk.
This is just my 2 cents on the LTC chart, going over the 106 and closing a few daily candles above it for confirmation will invalidate the H&S or if we break and close below 70
With the new review of the #Litecoin chart after a long time, we see that the price is trading in the demand range of $80 and I expect it to start its strong growth soon from this range! The targets of this cryptocurrency are $92.5, $115, $200 and $268 respectively! The expected yield in the long term is something around 200%!
Please support me with your likes...
The momentum price has not yet completed its upward trajectory and can reach $95 on the daily timeframe and above $100 in the coming weeks. What do you think? Do you think the recent market drop was a correction or a continuation of the upward trend?
Hello everyone, let's take a look at the LTC to USDT chart on a one-day time frame. As you can see, the price had a dynamic decline and a temporary descent below the upward trend line, but has now returned to the trend line level.
Let's start by determining the support line and as you can see, the price dropped and quickly returned to support around the level of...
as we see previous bull cycle i think in tha last 3 month of LTC USDT would be so bullish like it can easily hit 400$ accumulate it. there would be one more opportunity around around 60$
Litecoin is the first one that caught our attention with a breakdown of both 100 and 200 EMA. We are also seeing that the price has stopped (the dump) just near the Litecoins trend line, which has rejected the price as of now.
We see a price to move inside that triangle formation for a while before further movement to lower zones (if we see a breakdown of that...
COIN NAME : LTCUSDT ( isolated )
Buy long zone : 79.77
Take profit 1 : 81.97
Take profit 2 : 84.67
Take profit 3 : 86.99
Stop loss : 77.31
Max leverage: 10x
Amount : 2.0%
Always use ure brain
After being rejected from the horizontal resistance, the price is now retesting above the symmetrical triangle. A successful retest above the triangle can be interpreted as a bullish indication, potentially signaling further upward momentum. Conversely, a failed retest would reinforce bearish sentiment, suggesting the potential for continued downward movement.
