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Litecoin (Cryptocurrency)

Litecoin Macro Analysis : BIG MovesHi Traders, Investors and Speculators of Charts📈📉 From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis. By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. I hope your bags are packed because once LTC moves, it's hard to jump onto a moving train. The bullish signs are: ✅ Consolidation under resistance zone / bullish ✅ Higher Lows - buyers are buying up dips What's still missing: ✅ Bullish Technical Indicator (Weekly on CryptoCheck START v3.5) ✅ Weekly candle close ABOVE 70 Even thought the price may continue to trade just under the resistance for another while, the next big market cycle is clearly the bullish phase. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:LTCUSDT
Long
by CryptoCheck-
22
LTC/USDT Break Alert!! Upward Momentum for Litecoin ???💎 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 is poised to extend its upward trajectory, given the successful breakout from the resistance. It's LTC Probability could reach the supply zone and the bearish OB region. 💎 However, if LTC fails to uphold the support at $68.30 and compromises this level, it may retreat to the demand zone for a significant bounce. Should LTC descend to the demand area and fail to exhibit any bullish rejection or bounce, it risks forfeiting the demand zone, signaling a false breakout. Under these circumstances, LTC would be under downward momentum, potentially heading towards a lower support zone, and might even extend its decline to a critical support area.
by MyCryptoParadise
LTCUSDT.Poday, 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 and is exponentially surging toward $66. Over the last few hours, LTC price flashed high buying pressure in an effort to meet buyers’ demand. Analyzing the daily price chart, Litecoin price is currently experiencing buying activity as it made a buying pressure from the low of $60. BE CLEVER AND CHOOSE YOUR SIDE THEN TRADE THE ADVICE . If u want to have more our private idea text us. Long position 🔻 Buy LTC 📌Entry: 62.50 - 62 🚫 SL: 59.50 - 59 ( -4.80 %) 🚫 TP: 70.10 ( +12.20 %)
Long
by BanooCrypto
LTC: Sideways ChannelLitecoin (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 (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance. Trend: Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance: Nearest Support Zone is $60, then $50. The nearest Resistance Zone is $70, then $75.
Long
by altFINS
LTC Under Pressure 📉, 24H & 1-Week Horizons Cloudy ☁️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 bearish trend will continue to linger over the crypto universe, except for Bitcoin, Polygon, and Chainlink. Slightly bullish sun ☀️ will shine over this trio, indicating a possible upside in their prices. Follow us for more crypto weather reports!
by ATTMO
LTCUSDT at monthly support, likely to bounce soon.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 on high time frame. The last monthly candle close has been bullish and indicates that the current or next monthly candle is going to be a green one. The price is also at the support level which is providing a good confluence. Some indicators are also indicating the direction for the price to be up side in the coming days. There can be a bit of dip into the MS1 but not necessary. Overall it is looking good for a long on high time frame.
Long
by angela_altair
Litecoin on weekly chart💥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 be considered an undervalued asset: Digital Silver: Litecoin is often referred to as the "silver" to Bitcoin's "gold" in the world of cryptocurrencies. It offers similar benefits but is primarily used for smaller transactions and everyday purchases. Swift Transactions: Litecoin is known for its fast transaction processing. New blocks are generated approximately every 2.5 minutes, making it ideal for quick and discreet payments. Strong Security: Litecoin uses the same cryptographic protocol as Bitcoin, ensuring a high level of security and protection. Experienced Development Team: The Litecoin team consists of experienced developers who actively improve the network and work on new features. Longevity: Litecoin has been in the market since 2011, and this longevity has added to its stability and trustworthiness. Global Acceptance: An increasing number of companies and payment systems accept Litecoin, making it more useful for everyday transactions. Ongoing Development: The crypto community continues to actively develop Litecoin, implementing new technologies and updates to keep it relevant. Mined: Litecoin can be mined, making it accessible to those who wish to participate in the network and receive coins as a reward. Useful for International Transactions: Thanks to its speed and low fees, Litecoin is an excellent choice for international transactions and money transfers. Creative Applications: Litecoin is used for various applications, from digital collectibles to the execution of smart contracts. As the crypto world evolves, it's essential to keep an eye on assets that may be overlooked. While Litecoin may not always grab headlines, its combination of speed, security, and adoption could make it a hidden gem in the cryptocurrency market. What are your thoughts on Litecoin? Do you believe it's undervalued, or is there another cryptocurrency you think deserves more attention? Share your insights in the comments below! Always sincerely with You, Yours, Kateryna💙💛
BINANCE:LTCUSD
by RocketBomb
5
LTC halving- 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 the LTC halving, especially when compared to historical Bitcoin halvings. - The halving event is scheduled to occur at 16:34 UTC today.
COINBASE:LTCUSDLong
by DynamicCapital-FX
Litecoin (LTC) Technical Analysis: Long Term Target $1000 ?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 NYSE:LTC and identify strategic buying opportunities. Short-Term Outlook: While the current price of $65 suggests some short-term downside potential, there is a silver lining. In the HTF chart, a strong support zone is emerging between $25 and $35. This presents an ideal accumulation zone for investors. If the price enters this range, it should not be overlooked as a buying opportunity. Strategic Accumulation: Timing the exact market bottom is challenging. Therefore, accumulating NYSE:LTC within this robust support zone offers a strategic advantage. This approach aims to capture potential gains as the cryptocurrency market evolves. Future Targets: Looking ahead to the next bull run, Litecoin has promising potential. With its focus on micro payments and a strong team, I anticipate price targets ranging from $500 to $1000 in the next bull market. However, this is a longer-term projection and should be approached with patience. Critical Price Levels: Resistance: $117/$376 Support: $50/$36/$25 In Conclusion: Litecoin ( NYSE:LTC ) faces short-term challenges but holds immense long-term promise. The $25-$35 accumulation zone provides an enticing entry point for investors. While it's impossible to predict the exact market bottom, accumulating at strong support levels can prove rewarding. In the next bull run, NYSE:LTC could potentially reach impressive price targets. Disclaimer: This analysis reflects my personal opinion and should not be considered financial advice. Always conduct thorough research and consult with a financial advisor before investing in cryptocurrencies or any other assets. BITFINEX:LTCUSD #Crypto #Litecoin
BITFINEX:LTCUSDLong
by CryptoPatel
5
Litecoin: Short Signal Active.Litecoin is poised to test the low 60's over the coming week. My trade scanner has called a signal to go short from 64.90 with a stop at 66.25 and take profit at 62.90 approximately. This was shared yesterday around 6:30 PM EDT. These signals are private but I am sharing it here so that as a community we can evaluate the context and observe the outcome. Having a tool like this makes it a LOT easier to compete in a highly random environment. Since it generates the signals for the same exact reasons every time, it removes a great amount of indecision and confusion on your part. You can focus more on the bigger picture like managing the trade. So let's evaluate the context, and see if this signal is sensible. By the way, all you need to properly evaluate context are horizontal lines, and the ability to highlight price patterns by drawing squares, etc. If you are consuming charts polluted with colors, oscillators, cartoons, etc., you are being entertained, NOT properly informed. It's like eating pizza with vegetables on it and thinking it's "healthier" for you. First is the broader trend. Is it bullish or bearish? Based on this chart, going back a number of months, the broader structure is bearish (lower highs, lower lows). As long as this structure stays intact, it is reasonable to expect resistances to hold and support to break. The scanner signal is clearly in line with the broader trend. An advanced trader can use this fact to justify moving the take profit to an even lower price like 60 or maybe high 50's. Why? A lower low has a greater probability and that translates into greater profit potential. Second, lets look at levels. Notice the two lower highs in recent weeks (blue arrows). They highlight the 70 whole number resistance area. If the trend is going to stay bearish, price should NOT compromise this resistance. Knowing this should help prevent you from getting long too soon, and from over reacting to any temporary noise (like a quick short squeeze). One other consideration is inter market relationships: Bitcoin and economic environment. It is not necessary to look this far when it comes to short term momentum trades, but it certainly doesn't hurt. Bitcoin is the leader, not Litecoin. As long as Bitcoin continues to maintain a bearish bias, Litecoin is likely to follow. And on top of that, interest rates are pushing new highs. NOT a favorable sign for speculative assets like Bitcoin and alt coins. Add all this up and the Litecoin short idea is sensible. This is what bolsters confidence when considering such trades. Being able to focus on these bigger picture elements is where the educational value is, not chartoons. Some form of automation within your trade effort can change your outcome significantly especially for beginners. Worry less about getting the setup right and focus more on managing the outcome. Thank you for considering my analysis and perspective. And if you liked this article, please let me know by pressing the boost button!
COINBASE:LTCUSD
by MarcPMarkets
12