Only a few days left before rocket! Latecomers are not welcom 🙅LTC coin continues its slow upward movement for past 7 months, while most of crypto market is in a bear market.
The main reason for growth of this coin is next halving, which will happen in about 2 months.
Check out BINANCE:LTCUSDT chart, which shows almost the entire trading history for this coin.
As you can see, the price of LTC started to rise a few months before the halving:
1. Halving 2015.
The price started rising 126 days before the halving. Moreover, the price grew for 77 days and then went to correction for 49 days. After that, there was a halving.
2. Halving 2019.
The price started rising 238 days before the halving. Moreover, the price grew for 189 days and then went to correction for 49 days. After that, there was a halving.
3. Halving 2023.
The price started rising 280 days before the halving. The rest of the data is still unknown.
With the naked eye, there is a clear trend that the price is rising before the halving.
However, this year the price of the coin is in no hurry to grow, and there is not much time left!
Even more interesting is that each cycle of the beginning of growth before the halving comes later.
But what remains unchanged in history is that the beginning of the growth correction comes 49 days before the halving.
Also note that pre-halving growth is historically over 500%!
Ticker: $LTC/USDT
Buy market order: 92,5$
Goals: 105$, 132$ , 180$
Growth potential: up to 200% by the end of the year.
Write in the comments on what other assets you want to get an analysis 🔍
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Litecoin (Cryptocurrency)
All Eyes On Litecoin 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
LTC has been stuck inside a range between 80.0 and 100.0
📈 For the bulls to take over from a MACRO perspective, we need a weekly candle close above 100.0
In this case, a movement till the 150.0 would be expected.
📉 Meanwhile , If we break below 80.0 and lower orange trendline, we will expect further bearish movement.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LTCUSD → Breakthrough of two-year resistanceLTCUSDT forms a resistance breakout after a small false breakout. The coin does not fall much after FB, forms a retest and breaks the line.
Bulls are trying to take control of the situation and so far everything is working out successfully.
A strong support line of 91.23 is being formed. If the bulls can hold this area, then Litecoin will show us an excellent growth towards the resistance of the ascending channel.
The fundamental component for LTC is quite good, the network is constantly being updated and activity has been increasing in this network lately.
A global triangle is forming on the chart, the price tends to test the resistance of the set-up. A slight pullback is possible, but in the medium term I expect a breakthrough of the upper limit.
Moving averages act as support.
Strong support: 91.23, previously broken resistance line and 83.66
Strong resistance: 95.00, 102.53
I expect the growth to continue after the resistance is broken. LTC in the market feels a certain confidence that can allow the price to get stronger.
Sincerely, R. Linda!
Will Litecoins bearish momentum continue?Litecoin - 24h expiry - We look to Sell a break of 87.98 (stop at 90.02)
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
The medium term bias is neutral.
Short term momentum is bearish.
A break of the recent low at 88.06 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 83.02 and 82.02
Resistance: 89.00 / 90.00 / 91.50
Support: 88.06 / 87.00 / 86.20
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.
Litecoin- Rise to 133? (50% gain)Of the 3 coins analyzed today, Litecoin I like best.
As we can see from the daily posted chart, after the top above 100, the break under the rising wedge's support, and the drop in support, LtcUsd has started to rise again.
This rise is very constructive and we have had higher lows since March with the last low being a Pin Bar.
Resistance is now the zone between 93 and 95 and a break here could lead to a rise well above 100 to the next important resistance at 133.
Buying Litecoin at previous resistance.Litecoin - 24h expiry - We look to Buy at 89.11 (stop at 86.11)
Previous resistance at 89.00 now becomes support.
Support is located at 89.00 and should stem dips to this area.
Short term oscillators have turned negative.
Short term bias has turned positive.
50 4hour EMA is at 89.09.
Expect trading to remain mixed and volatile.
Our profit targets will be 96.61 and 97.61
Resistance: 91.93 / 93.00 / 94.60
Support: 90.00 / 88.50 / 86.50
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.
Could upcoming Litecoin havening outperform BitcoinAs the halving of LTC approaches, many of you may be wondering where to invest your hard-earned money. Well, I have some exciting news for you - Litecoin (LTC) could outperform Bitcoin (BTC) as the halving approaches!
You see, LTC has a halving event coming up in August 2023, which means that the mining rewards for LTC will be cut in half. This will reduce the supply of LTC and increase its scarcity, leading to a potential increase in its value. In fact, history has shown us that LTC has outperformed BTC in the months leading up to and after its halving event.
So, why should you invest in LTC? Well, besides the potential for higher returns, LTC is a solid investment with a strong community and development team. It also has faster transaction times and lower fees compared to BTC, making it a more practical option for everyday use.
Don't miss out on this opportunity to invest in LTC before its halving event. Take action now and add LTC to your portfolio. As always, make sure to do your own research and invest wisely.
Thank you for your time and happy investing!
LTC/USD Approaching the Halvening EventLooking at the weekly time frame of Litecoin as we are approaching the halvening event in September of this year, about 200 days away, this chart is looking eerily similar to the 2018 cycle bottom.
We’re going to see a pump upwards to $95-114 prior to the halving event with a pull back around to the area levels that were in now from $80-$84.
I believe we’ve seen the bottom for Litecoin at $41 and from here we’ve regained the long term uptrend extending from before the start of the 2017 bull run cycle.
So $80-$84 is the accumulation before the breakout and pullback to a very similar structure of what we’ve seen in Litecoin 4 years ago. Also, markets don’t bottom down, they bottom up.
Market bottom in the 2018 cycle was almost at the $20 range and the market bottom this cycle was almost touching the $40 level. All in all, this was a 100% increase over the period of 4 years and still a remarkable gain if you managed to get in early.
Obviously historical data doesn’t prove future results, but we can sort of use predictive behavior to figure out how this cycle will play out. We’ll see the Litecoin halving later this year which will spark the next bull cycle, following with consolidation all the way up until early 2025 where it will lead the bull run and breakout with Bitcoin following.
This will be a solid year of consolidation / accumulation, but definitely able to make some decent profits swing trading on the volatility.
If you were to HODL throughout the cycle and up until 2026, i’d expect another 100% flatline increase, otherwise an $80 bottom (floor) at the lowest.
As always please do your own research, I am not a financial advisor.
Trade Alert - Long LiteCoinTraders,
As you will read from my previous posts, the signal seems to be given on the Bitcoin chart to go long. Therefore, I will begin to acquire larger cap altcoins, followed by medium cap. Then small. The blow-off top that I have been calling for now over a year appears to be manifesting with reckless U.S. government expenditure. The dollar should drop over the course of the next year. Inflation will continue. And this will be priced into stocks, commodities, and crypto.
I am buying Litecoin here. Target TBD. SL = anything below the bottom of my triangle (pending risk tolerance).
Best,
Stew
LTC return 50% over the last year while BTC went negativeAre you feeling the sting of Bitcoin's recent losses? Well, fear not, my friend, because I have good news for you. Litecoin has been killing it lately, with returns of 50% over the last year. That's right, while BTC has been taking a hit, LTC has been flourishing.
So why not consider putting more of your investments into Litecoin? Not only has it been performing well, but it also has faster transaction times and lower fees than Bitcoin. Plus, with the recent announcement of a Litecoin debit card, it's becoming even more accessible for everyday use.
Don't get me wrong; Bitcoin still has its place in the crypto world. But if you're looking for a solid investment with impressive returns, Litecoin is where it's at.
So, what are you waiting for? Let's jump on the Litecoin train and ride it to the moon!
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Litecoin (LTC) also moved higher in today’s session, with price climbing by as much as 7%.
Following a low of 81.75 on Sunday, LTC/USD raced to an intraday high of 87.54 earlier in the day.
This jump resulted in the token reaching its highest point since March 6, which is the last time LTC was trading close to the 90.00 mark.
a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken.
price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00.
There is a strong possibility that litcoin could move above 90.00 in the coming days.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Hit the like button if you like it and share your charts in the comments section.
Thank you...
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.
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.
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🌍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.