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Litecoin (Cryptocurrency)

#Litecoin Rips Higher, Posting Over 2X from NovemberPast Performance of Litecoin Litecoin is trading at Q1 203 highs when writing, looking at the performance in the daily chart. The coin has reversed losses of early this week, and buyers are in sync with gains of the better part of the second half of January. Per the current candlestick arrangement, primary support lies at around $90. #Litecoin Technical Analysis LTC is up by more than 100% at spot rates, trading in a bullish formation. The rejection of lower prices supports buyers who can look to double down on dips above $90, the primary support. At this pace, every low may be a loading opportunity for aggressive traders angling for $120 in the near term. Note that the February 1 bar has high trading volumes, which is overly bullish. What to Expect from #LTC? Buyers are confident, and the immediate trend has been established following gains in February. LTC looks likely to extend gains as it bottoms up from last year's lows. This preview is valid in the short term as long as the coin trades above $90. Resistance level to watch out for: $120 Support level to watch out for: $90 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Litecoin - Are you a Bob -Trader ?Hi Traders, Investors and Speculators of the Charts 📈📉 The continues market cycle between Bitcoin and altcoins can clearly be seen at the moment. It goes something like this: 🤩 Bitcoin goes UP ... Bob Fomo buys the rally 🤔 Bitcoin corrects ... Bob panics and sells 🤑 Altcoin rallies ... Bob thinks, screw BTC, I'm going all in on this altcoin 😨 Altcoins correct ... Bob panics. Altcoins are scams! Sells everything 🤩 Bitcoin goes up .... Bob Fomo buys the rally Moral of the story... Don't be like Bob. Don't try to FOMO in whilst the price is going up. Plan your trade, preset your TP and SL. Interested in another alt with massive upside potential? Here's a low risk high reward setup on LINKUSDT : _______________________ 📢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
Long
by CryptoCheck-
16
✅ Professional and Detailed TA of #BITCOINComprehensive and specialized review of Bitcoin in two time frames , Weekly and 3-Days : Well, as you can see, almost everything on the chart is marked with high accuracy, but the details of the analysis are as follows. By examining #Bitcoin in the weekly time, we see that the price entered a strong supply range last week, which overlapped with the supply range in the TOTAL index and caused the price to face a slight correction. Now, with a more detailed examination, I have identified important levels on the chart that I will address! A large liquidity pool is located above the $25,000 level, which can be one of the important targets for buyers, and I expect it to grow to that level as the next target! The next targets are selected based on the liquidity voids , which is $25,260 to $28,000 and $27,000 to $29,180 respectively (difference in time frames)! The mid-term and possible price target after hitting these targets is $30,000 to $32,400! ( This analysis will be updated in the future ) 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 📅 01.29.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
28
$LTC/USDT 3D (#Bybit) Descending trendline breakout & retestLitecoin regained 200MA Daily support and seems ready to head back up towards 100EMA. ⚡️⚡️ #LTC/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Long) Leverage: Isolated (1X) Amount: 9.1% Current Price: 62.63 Entry Zone: 61.18 - 54.30 Take-Profit Targets: 1) 72.98 2) 84.46 3) 95.93 Stop Targets: 1) 44.99 Published By: @Zblaba Risk/Reward= 1:1.2 | 1:2.1 | 1:3 Expected Profit= +26.39% | +46.28% | +66.14%% Possible Loss= -22.08% Fib. Retracement= 0.5 | 0.786 | 1.117 Margin Leverage= 1.7x Estimated Gain-time= 3-5 months #LTCUSDT #PoW #MimbleWimble #Blockchain #Dino #Mining Websites: litecoin.org litecoin-foundation.org
Long
by TradingOn
2
Important price action zoneLitecoin strongly broke the resistance of the 0% Fibo range. The next resistance is $101.70, and the third is in the $107.10 range. These two levels are an important price action zone. Also, the target is one of the moving targets of the previous upward wave. So, in the daily time frame, if a negative divergence is formed on the chart, we can expect a price correction with a high probability. Also, breaking the bottom of the ascending channel can be another price reversal warning.
by MonoCoinSignal
2
LITECOIN LTC price is preparing for continued growthToday we will bring to your attention the medium-term trade LTCUSDT and something more, read to the end!) Entry $69.1 Stop $60.23 Take profit $95.74 Profit/Loss ratio 3/1 Since the Fed will announce a new rate today, we expect increased volatility in the market, so we are putting the entry order of trade well below the current price. This trade fits into the logic of the LTC price movement, which we described in our global idea a few months ago. In general, the Litecoin price was one of the first to show quite good growth, outpacing even the growth of BTC One of the reasons for the rapid growth of the LTCUSD price may be the fact that LTC halving occurs about six months earlier than BTC halving, although they occur on the same mined block. In 2023-2024, everyone is waiting for the mined block #840000 As you can see on the chart above, the BTCUSDT price has a powerful and long-lasting upward trend immediately after "halving". The price of LTCUSDT, on the contrary, after "halving", goes into a stage of long-term correction. But after rapid growth, the LTC price reaches its maximum value 6-7 weeks before the planned "halving". Therefore, we can assume that in the medium term, the LTCUSDT price will reach its high in June 2023. We will publish our updates on Litecoin from time to time and if you are interested in this cryptocurrency, then put a like under the idea, write a comment and subscribe to us. And you will always be promptly informed about possible price changes. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
51
Litecoin Faces Heavy Drop to $10 (Best Case Scenario)With Litecoin forming what seems to be a bullish double zig zag to lead its all-time macro wave structure, there are one of two options for the follow up: The most bullish outcome being a long-term diagonal wave setup, which would require a test and discover of support from the $10.50 range. The most bearish outcome would see Litecoin doing its best Luna-bomber rendition and making new all-time lows. In either case, it may be a good time for investors to abandon ship and protect profits. This is the point where the decision is made to surf or to drown.
BINANCE:LTCUSDShort
by DigitalSurfTrading
12
Litecoin to stall at highs.Litecoin - Intraday - We look to Sell at 90.49 (stop at 92.61) The rally was sold into but, the dip lower has stalled. Levels above 90 continue to attract sellers. We are trading at overbought extremes. A higher correction is expected. We look for a temporary move higher. Our profit targets will be 85.46 and 84.46 Resistance: 88.00 / 88.80 / 90.50 Support: 87.00 / 86.30 / 85.50 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.
VANTAGE:LTCUSDShort
by VantageMarkets
3