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Litecoin (Cryptocurrency)

#Litecoin Is Up 2X from June 2022 Lows, Up Next $130?Past Performance of Litecoin After dropping to as low as $40, Litecoin prices have more than doubled in the past seven months. The coin is up 125 percent from H2 2022 lows and galloping higher in a bullish breakout formation. #Litecoin Technical Analysis Traders are upbeat, but the uptrend, like what has been happening across the board, has been labored. Notably, LTC has resistance at around $92, marking January 20 high. On the lower end, support is the flexible support line, or the middle BB, and $80. As long as prices are above $80, every low from spot rates, below the middle BB, will be a retest, allowing for possible accumulation. In that case, traders might target $90. Further gains above $92 will open up LTC for March 2022 highs of $130. What to Expect from #LTC? Buyers are in control. The current consolidation has formed a bull flag as the middle BB offers support while $92 caps the upside. Any surge, continuing H2 2022 gains, may see LTC rally to Q1 2022 territory. Resistance level to watch out for: $92 Support level to watch out for: $80 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
1
LTC: Resistance BreakoutLitecoin (LTC) technical analysis: Trade setup : Price remains in an Uptrend and is up 45% since our trading video on LTC was published on Dec 18. After bouncing off of $65 support, it broke above $75 and $85 resistance area, firmly reaffirming its uptrend. Upside potential to $100. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $75, (previous resistance), then $65. The nearest Resistance Zone is $85, which it broke, then $100.
Long
by altFINS
Buying LTC on dips.Litecoin - 24h expiry - We look to Buy at 88.82 (stop at 86.78) Our short term bias remains positive. 20 4hour EMA is at 88.83. We look to buy dips. There is no clear indication that the upward move is coming to an end. Our profit targets will be 93.92 and 94.92 Resistance: 91.30 / 92.70 / 94.00 Support: 88.80 / 88.00 / 86.30 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.
VANTAGE:LTCUSDLong
by VantageMarkets
LTC inv h&s appears to be validating; golden cross soonUnlike the tezos, and algo inv h&s patterns which ended up being takeouts and have now been nullified, the ltc inv h&s seems to still be legit and is currently attempt to validate its breakout. We can also see it is just 1-3 daily candles away from its golden cross adding bullish confluence to this breakout. The breakout target had to be readjusted slightly lower than the original target because price action dipped back below the neckline. The new target is $91.79. I will put a link to the previous litecoin idea about this inverse head and shoulders pattern below. *not financial advice*
COINBASE:LTCUSD
by DrDovetail
2
lITECOIN #LTC UpdateLitecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology. To learn more about this project, check out our deep dive of Litecoin. The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
COINBASE:LTCUSDLong
by barendscrypto
💲 Litecoin First Significant Rsistance 💲💲 Litecoin First Significant Rsistance 💲 Nearest strong support zone: around the 0.236 fibo level of the downward wave. 💲 Nearest strong resistance zone: around the 0.236 fibo level of the downward wave. 💲 Technical environment: - Moving averages: uptrend - MACD: Uptrend - RSI: Uptrend 💲 Price action: Litecoin has once again attacked the recent rally as well as the entire cryptocurrency market, there is a good chance for the uptrend to continue after such sharp increases during Friday's trading session. 💲 The scenario I'm playing out is a continuation of the upward trend on litecoin in the vicinity of $130. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Long
by InvestMate
LTC: Approaching ResistanceLitecoin (LTC) technical analysis: Trade setup : Price remains in an Uptrend and is up 30% since our trading video on LTC was published on Dec 18. After bouncing off of $65 support, it broke above $75 resistance and reached our target of $85 resistance area. That’s where it got rejected a couple of times in Nov/Dec as traders took profits. Now we wait for price to 1) break above $85 to resume uptrend, or 2) pull back near $75 support for another swing entry. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $75, (previous resistance), then $65. The nearest Resistance Zone is $85, then $100.
Long
by altFINS
#BITCOIN - Another Fall to 18.8K ? Let's SeeAs you can see, the price reached the range of $21500 and completely filled the desired FVG and after that it faced selling pressure until it corrected to $20400. Pay attention that there's a possibility of price correction to the range of $18,800 to $19,200! This analysis is complementary to the previous analysis! The Last TA : Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 01.19.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Short
by ArmanShabanTrading
25
LTC - Approaching A Strong Rejection! 🛑Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I always keep an eye on Litecoin to feel the overall crypto market. LTC has been trading inside the blue flat rising broadening wedge pattern, and we are lately bullish medium-term trading inside the rising red channel. However, LTC is approaching a strong weekly resistance 95.0-100.0 Moreover, the upper red and blue trendlines act as non-horizontal resistance zones. So the highlighted green circle is a strong area for a possible bearish reversal as it is the intersection of the weekly resistance zone and upper red/blue trendlines. As per my trading style: As LTC approaches the green circle zone, I will be looking for bearish reversal setups (like a double bottom pattern, trendline break , and so on...) For the bears to take over, to start a bearish correction, we need a break below the last major low on Daily/H4. Meanwhile of course we are bullish we can dive inside the weekly resistance. For the bulls to take over long-term, we need a weekly break above 100.0 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
9