Litecoin (Cryptocurrency)
✅TS ❕ LTCUSD: support area✅✅ LTCUSD reached the support area.
Volatility has decreased.
The asset will bounce from the current area.✅
🚀 BUY scenario: long to 86.98 .🚀
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LTCBTC likely to head down for weekly support zoneLTCBTC is currently trading below previous daily support. It is probable that the price will aim towards monthly+weekly support. It is also very likely that if the price hits that support zone, it will find support there and we can expect a good bounce there.The weekly support sits around 0.002671-0.002762.
LTC Daily Long TargetsTargets are circled
107
144
LTC may need to retrace more here, but the bias appears to be upward.
Double bottom formed on rising support.
Rsi is 50 at time of post, neutral.
LTC is also retraced to the .618 against BTC in its most recent impulse and could be ready for a leg up against BTC.
NFA, do your own DD
✴️ Litecoin Back On Track | $155+ Next Jump (80% Potential)For Litecoin, we have the same pattern as Shiba Inu but more advanced.
The pair ended its correction by bouncing off the MA200 black line.
Then it started to recover slowly but surely.
While SHIBUSDT is now trading above EMA10 only after the MA200 recovery, LTCUSDT is trading above EMA10, EMA21 and EMA100 as well as challenging EMA50.
We have the same MACD bullish cross and the RSI is back above 50, the RSI is once again really strong.
This higher low will lead to a higher high.
More growth than what we are mapping will take place.
But we are conservative with the public charts.
There is always more opportunities, there will always be more.
✔️ We are gearing up for the bull-market of 2024.
✔️ In 2025 we will have the next major bull-run.
Namaste.
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 88.21 (stop at 84.71)
Hourly momentum has stalled and our bias is now neutral.
Daily signals are mildly bullish.
A break of the recent high at 88.12 should result in a further move higher.
Short term RSI is moving higher.
The medium term bias is neutral.
Our profit targets will be 96.71 and 98.71
Resistance: 82.50 / 85.40 / 88.12
Support: 80.00 / 78.00 / 75.00
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LTC IS VERY BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#Litecoin Strongly Rejects Bears, LTC Uptrend Anchored At $65Past Performance of Litecoin
Litecoin is up 24% in the past three days, tracking higher, and aligning with the primary trend. Buyers are in control, bottoming from recent lows, a bullish development for holders. In the short term, the coin has support at $65. Meanwhile, resistance lies at around $90.
#Litecoin Technical Analysis
The path of least resistance is, from a top-down preview, northwards. From the daily chart, there is a double-bar bullish formation. Specifically, the bull bar of March 12 is bullish engulfing and with rising volumes. Subsequent confirmation yesterday solidifies the bullish outlook. Per this formation, traders can load the dips, targeting $90 in the short term. This preview will only change should LTC drop below $65, the 78.6% Fibonacci retracement level of the November to February 2023 range. Losses below this line may see the coin fall to Q4 2022 lows.
What to Expect From #LTC?
Traders are bullish, and LTC prices may continue inching higher in the short term. The next target is at $90, flashing with February 2023 lows. Further gains may see Litecoin expand above the February range to print new Q1 2023 highs.
Resistance level to watch out for: $90
Support level to watch out for: $65
Disclaimer: Opinions expressed are not investment advice. Do your research.
✴️ Litecoin Next Target Mapped Series ($158 Next)Two things mainly when looking at Litecoin.
The correction happened suddenly and strong but the same as it happened to all other pairs.
We can see Litecoin bouncing perfectly off the 0.618 Fib. retracement level for the entire bullish wave that started in June 2022.
We have the highest volume since November 2022.
If you remove the 3d candle from November 2022 then we have the highest buy volume since November 2021... This tells you everything you need to know.
Litecoin is gearing up, preparing, loading to go up, up, up.
The next target I see as $158.
A bit higher, maybe $167 or so before another correction, longer in duration than what we just saw.
This potential remains valid above the June 2022 low, almost impossible to negate and so we say Litecoin has high probabilities of continuing up.
Namaste.
LTCUSD 1D Public RoadMap Valuationtest
Litecoin (LTC) is a peer-to-peer cryptocurrency that was set up by Charlie Lee (a former Google employee) in 2011. It shares many similarities with bitcoin and is based on bitcoin's original source code. Litecoin was designed to be used for cheaper transactions, and to be more efficient for everyday use.
Only the Truly Decentralized and Trustless Chains Will SurviveCrypto is in a situation right now where it's purging all of the toxic assets in the sector and when looking at the domiance and total charts it all points towards many of the alt coins eventually going to 0 and giving up all of their dominance to a handfull of truly Decentralized and Trustless Chains. Assets like XMR, LTC, and BTC feel like safe picks but Centralized Chains with constant scams such as Ethereum and BSC will all likely soon collapse.
What we can see on the charts is that LTC Dominance Remains at the PCZ of a Bullish Deep Gartley and is Targeting atleast 4% Market Dominance and BTC is at the PCZ of a Bullish Shark and may also be Double Bottoming which could take it towards 70% or even over 90% Dominance.
Meanwhile Ethereum is in a Pattern where it will likely lose more than 70% of it's Marketcap Dominance upon Breaking Down and this would likely take most of the quote-unquote so-called DeFi projects down with it.
LTC: Oversold at SupportLitecoin (LTC) technical analysis:
Trade setup : Following a Bearish breakout from Channel Up pattern, price broke below $80 and $70 support, and below 200-day MA, reversing trends. It is very oversold now (RSI ~ 20) and could bounce up near-term.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $70, which it broke, then $60. The nearest Resistance Zone is $80 (previous support), then $90.
LTC IS VERY BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You