LTCUSDT at daily support, long favorable towards 91 and upSo the price has hit the daily support as expected in the last short idea from weekly resistance. Now this is an opportunity favoring long here. I believe the price shall bounce from this daily support. towards the next resistance zone around 91 and probably further up to weekly resistance WR1. It might dip a bit further lower but that should not scare us from this long opportunity.
Litecoin (Cryptocurrency)
LITCOIN📊 #LTCUSDT
⏱ TIME : 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit :67.7
📍The second buying limit :57.6
📍The third buying limit :50.5
📌TP1 : 81 $
📌TP2 : 100 $
📌TP3 : 134 $
📌TP4 : 200 $
✅LTC is about To do a Bullish movement!🌟The LTCUSD is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 monthly
- Bullish Channel
- The Bottom of the Wedge area
- Falling Wedge Pattern
- Moving EMA100
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles or Wedge broken from the bottom , this analysis of ours will be failed.
✅Investing in something that is easy is rarely profitable.
Robert D. Arnott
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck.
LTC: Pullback in UptrendLitecoin (LTC) technical analysis:
Trade setup : Break above $90 had failed to hold up and price broke back below this key leben and is approaching a support zone around $80 and 200–day moving average, which could be an attractive swing entry.
Trend : Downtrend on Short-Term basis, Uptrend on Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, then $105.
LTC/USDT Technical Analysis ( What Halving Targets )LTC/USDT Technical Analysis: Bearish Trends and Upside Opportunities
LTC is currently trading at $84, displaying a bearish trend. Our analysis suggests a potential downtrend continuation towards $78. Previous resistance at $100 resulted in a rejection, but key support levels offer potential upside opportunities.
If LTC holds the strong support at $78 and breaks above $100, we may witness renewed upward movement. This could lead to an upward rally towards the $140-$150 range. Traders, keep a close eye on the breakout at $100 for potential bullish momentum.
On the downside, a breakdown below $78 could trigger further declines. In such a scenario, downside targets of $60 and $50 come into play. This presents a potential long-term buying opportunity for those looking to accumulate LTC at lower prices.
Key Levels:
Support: $78, $63, $50
Resistance: $102, $150
Disclaimer: This analysis is not financial advice. Please conduct your own research before making any investment decisions.
Follow us for More Quality Analysis.
Thank you.
BTC Faces Bearish Conditions 🐻⚡️ Will LTC Defy the Trend? 🌩️🚀The global crypto market faces cloudy weather with some sun ⛅️ in the next 24 hours, as the failure to reach an agreement on the US debt ceiling weighs on the market sentiment. This translates into a slightly bearish market 🐻 with downside risk for several currencies, Bitcoin included.
The weather is however stormy ⛈️ – signaling an imminent rebound – for Litecoin today. Litecoin has been subject to profit-taking 💰 after interest for this crypto asset soared following its release of its own LTC-20 standard earlier in May.
Over a one-week horizon, cloudy weather with some sun ☀️ is predicted for Bitcoin and Binance Coin. This forecast can be translated into a slightly bearish market 🐻 with downside risk. The outlook is brighter for Ethereum and Ripple where a slightly bullish market 🐮 with upside potential is likely.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
LTC Storms Towards a Rebound ⚡️🌩️ Will BTC and BNB Follow Suit?The global crypto market faces cloudy weather with some sun in the next 24 hours ⛅️, as the failure to reach an agreement on the US debt ceiling weighs on the market sentiment. This translates into a slightly bearish market 🐻 with downside risk.
The weather is however stormy ⛈️ – signaling an imminent rebound – for Litecoin today. Litecoin has been subject to profit-taking 💰 after interest for this crypto asset soared following its release of its own LTC-20 standard earlier in May.
Over a one-week horizon, cloudy weather with some sun ☀️ is predicted for Bitcoin and Binance Coin. This forecast can be translated into a slightly bearish market 🐻 with downside risk. The outlook is brighter for Ethereum and Ripple where a slightly bullish market 🐮 with upside potential is likely.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
Litecoin to breakdown?Litecoin - 24h expiry - We look to Sell a break of 88.78 (stop at 91.78)
Daily signals are bearish.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of the recent low at 88.90 should result in a further move lower.
Expect trading to remain mixed and volatile.
Although buying has been posted overnight, the rally has been limited.
Our profit targets will be 81.28 and 80.28
Resistance: 93.00 / 94.15 / 95.00
Support: 90.20 / 88.90 / 87.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
LTCUSD ❕ lower boundary of the rangeTrading volumes declined on the price correction.
50EMA broke up 200EMA on the 4H Timeframe.
The RSI chart is moving near neutral values (4H, 1H and 30m TFs)
I believe that the asset may continue to rise after the retest of the lower range boundary and fixation above it.
Litecoin #Intraday shortThe countertrend-risk deal.
The logic of the deal.
Sell from a strong area of $94, in this zone under the level passed large volumes, closed with a small pin bar. Sell from the current price or at the beginning of the movement and breakdown of 92.
I expect a correction after the growth, with targets 90, 88, 86.
Stop behind high or second stop above 96.
Support for the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
🔥 Litecoin Bull-Flag Break OutLTC has been on a massive move over the last couple of weeks, arguably in anticipation of the LTC halving.
After a week of sideways movement, LTC has finally broken out of the bull-flag pattern and is resuming upwards.
First target at the most recent local top, second target at 100.