Litecoin: Bull Market TargetsWhen CRYPTOCAP:TOTAL and CRYPTOCAP:TOTAL2 enter their bull markets, large capital will look for save havens to increase their purchasing power.
While Bitcoin has proven time and time again to be an amazing hodl after the accumulation phase, it's R:R is reaching diminishing returns.
Major Altcoins that have proven the test of time, like Ethereum and Litecoin, will start to get more attention during these bull markets as a safe place to massively increase purchasing power.
Cross referencing Charlie Lee's Tweet, and the levels he's suggested vs Bitcoin, paint a very logical target for pattern and range traders anyway.
So, post halving - and into any liquidity events (COVID19, FTX Collapse etc as examples) - I will be looking to bag up Litecoin.
Litecoin (Cryptocurrency)
Correction to Last Vid ...June 4th NOT June 23rdTraders,
I made a critical data error in my last video in stating that the level we were looking to beat to become more optimistic was June 23rd. That is NOT correct. The date we are looking to beat is June 4th, the day before the SEC lawsuit again Coinbase and Binance was announced. So, you want to draw a horizontal line from that body high on that date as demonstrated in this correction video here. My apologies traders.
Stew
Litecoin (LTC) formed a bullish Gartley for upto 34% moveHi 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 is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
✏️ $BTC : Big PUMP or DUMP ? (READ THE CAPTION)By analyzing Bitcoin in the daily time frame, we see that the price has been trading in a netural zone in $30,000 for the past 3 weeks! This area was one of the important supply zones that we expected to react to and this happened several times, now the price will probably start its next movement between 1 and 7 days and this movement will probably be powerful! The first scenario is maintaining the support of $30,000 and moving and stabilizing above $32,000. If this happens, I believe that the price will grow to $37,600 to fill the liquidity viod (LV) that was created a year ago! Otherwise, the next scenario will happen when the price loses the $30,000 support, and in this case, the price will probably fall to $26,700 as the first target! Consider these scenarios! This analysis will be updated!
Don't Forghet To Push The Boost (Like) Button and Follow Me for more !
Best Regards , Arman Shaban
Litecoin to break the trend of higher lows?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 targets will be 82.68 and 80.38
Resistance: 94.07 / 95.50 / 98.00
Support: 93.00 / 91.50 / 89.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LTCUSDT to hit weekly support and bounceThe price hit the monthly and weekly resistance confluence MR1+WR1 and got rejected from there. Currently the price is facing pullback due to that rejection. Next signifiant support is the weekly support where the price is likely to be headed. I expect the price to touch this weekly support zone for a good bounce. By the way, prospect of this one is looking good as it has pushed itself up strongly and moved beyond the downward trend line. The next strong support level is weekly support WS2.
Wait for #LTC to reach $130 first, and then short it to 34 $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
Litecoin LTCUSDT Price Analysis (4h)Greetings, fellow traders and investors of @TradingView 📈🚀
Let's delve into the analysis of Litecoin (LTC) and explore its recent price action on the rising trend. 📊✨
Over the past 30-day period, Litecoin has displayed a consistent upward movement, indicating a well-defined rising trend. Upon closer examination, we can observe the formation of an Elliott Wave pattern, specifically the 1-2-3-4-5 wave structure. This pattern suggests a completed impulse wave and indicates a potential period of consolidation for Litecoin.
🔍 It is crucial to understand the Elliott Wave theory and its application in technical analysis to grasp the potential implications of this pattern fully. Further insights can be found in comprehensive book Elliott Wave Principle: Key to Market Behavior by Robert R Prechter.
👀 As Litecoin enters the consolidation phase, we anticipate a potential pullback towards the support zone in the range of $85 to $90. This area is a critical level where historical price action suggests strong buying interest and the potential for a rebound to the upside.
📉 However, it is essential to approach trading and investment decisions with caution. Market conditions can be dynamic and subject to unexpected changes. Setting appropriate stop-loss order and employing risk management is crucial to protect capital effectively.
📚👩🏫👨🏫 Stay informed and up to date with the latest market analysis and trading strategies by exploring our comprehensive resources on various trading concepts and techniques:
LTC - 2023 Halving playThe first LTC bottom took place 224 days before it's first halving, and it pumped ~800%. It topped out around 40 days before the halving, and subsequently dropped around ~75% in the months that followed.
The second bottom took place 245 days before it's second halving and it pumped ~600%. Once again, it topped out around 40 days before the halving, and subsequently dropped around 85% in the months that followed.
If this pattern plays out a third time, I predict the following:
1. LTC will reach it's bottom around ~235 days before it's next halving, some time in late December of 2022 and early January of 2023.
2. It will bottom out between $25 - $30.
3. It will top out between $110 - $130 in early July of 2023.
4. It will subsequently drop back down to low $30s in the months that follow.
LTCUSDT Rallies 38%, PULLBACK LikelyHi 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 :
_______________________
📢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
_______________________________
COINBASE:LTCUSD CRYPTOCAP:LTC BINANCE:LTCUSD BITFINEX:LTCUSD KRAKEN:LTCUSD BINANCE:LTCUSDT KRAKEN:LTCUSDT POLONIEX:LTCUSDT PHEMEX:LTCUSDT
LITECOIN: Entering the Halving Cycle First 🌓 (Part 2)Best trade are the high leveraged ones that we manage to keep open and then forget about.
Just hit second target for LTC and a breakout has taken place..lovely volatile day!
Why Pump?
For the same reasons we mentioned last time..read the title:
part 1:
Litecoin Halving Is Just Around The Corner
Here’s the deal with the halving. Miners in the network get rewarded with Litecoin for producing blocks. At the beginning, it was 50 LTC per block. But every 4 years or so (around 840,000 blocks), that reward gets cut in half. Currently at 12.5 LTC, it will drop to 6.25 LTC after the August 2023 halving.
Like Bitcoin, Litecoin was designed to be deflationary, like gold or silver. As time goes on, the number of LTC mined decreases, making them scarcer. The cool thing is that Litecoin’s issuance is predictable. We know the total supply (84 million), block time (2.5 minutes), halving schedule (every 840,000 blocks) and thus the end date of the issuance of new coins (around 2142). The network controls issuance through consensus.
One Love,
The FXPROFESSOR 🌓
Link: bitcoinist.com
LTCUSDT, Multi timeframe analysis to invest📈 LitecoinHello 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 stop loss for any unforeseen event in the market.
Good luck
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
.
Salam doostan aziz, hame chiz rooye chart moshakhas shode be dide sarmaye gozari boland modat baraye harkat soodi movaghate market. gheymat baad az faaz nazooli varede faaze anbaasht shodeh va faaze soodi dar haale shoro kardan hast bekhosoos ba Halving dar mahe August. pas ma noghte kharide khoobi ro darim. raftar gheymat dar dayere ro darnazar begirid. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid.
moafagh bashid.
like va follow faramoosh nashe :)
Bitcoin Cash BCH Big Blocks vs LitecoinBitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV.
The long term trend is negative, which leads me to conclude that it will be negative in the future also. On the near term I would suggest that BCH-LTC may reach a bottom and conduct a reversal rally into resistance levels so on the chart
LTC/BTC Breaking OutLooks like LTC may be breaking out of its decade long descending wedge against BTC. What this could mean is anyone's guess. Personally, I have set up a grid bot on LTC/BTC, with range extending to next fib extension from ATH. Stackin' SATs with Litty.
Its going to be an interesting year.
As always, not financial advice.