Litecoin shortLitecoin broke trough off the lower boundary of ascending channel. Asset broke trough the support level. Bearish movement to support level at 73.3 is expected to happen.
Litecoin (Cryptocurrency)
#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 $19,200! This analysis is complementary to the previous analysis!
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👤 Arman Shaban : @ArmanShabanTrading
📅 01.19.2022
⚠️(DYOR)
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$LTCUSDT UPDATE!!!Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
Groovey Ltc Fib ChartThought it would be cool to overlay the regular fib retracement over the fib circles.
This is just for a fresh look at something.
Happy Holidays to all!
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
Litecoin: Rising WedgeThere is a rising wedge arising. A rising wedge typically results in prices are likely to keep falling downward when price breaks out. LTC/USD to move back to 87 and below as LTC/USD challenges 87.4 hurdle.
Litecoin very determined to touch 100 figureLitecoin started to rise long before Bitcoin and other coins and it was my favorite in the past 3 months.
Since mid-December's low at the 60 figure, Litecoin has traded very constructively and the coin looks very determined to test the 100 figure.
The recent correction from 91 seems to be over and LtcUsd ready for a new leg up.
As long as Litecoin stays above its recent low it remains very bullish
LTC/USDT :: enters the range of $100 .LTC/USDT :::
The price is in the downward channel and touched its bottom some time ago, but the support line has played its role well and has led the price upwards.
Maybe it will return to the support line {blue line}, but the main target is the $100 range.
Litecoin - Extremely Overbought RSI - SELLOFF IMMINENTBulls don't seem to realize there's more than 22,000 different alt coins & growing. LIMITLESS SUPPLY with zero use cases. A speculative gamblers dream.... or NIGHTMARE. The RSI on daily reached overbought and is crashing below 70 now. ADX indicator it near 40 and expect it to continue to rise as SELLING IS THE TREND. Crypto gamblers are in for a world of hurt. The recent rally looks to be a bull trap. I presume someone is trying really hard not to be force liquidated. EXCHANGES ARE COLLAPSING left and right & new ones just pop up in their place. The crypto frauds make the MADOFF PONZI look like a cake walk. The losses in simpcoins will dwarf any other Ponzi in history. Good riddance.
LTC: Overbought at ResistanceLitecoin (LTC) technical analysis:
Trade setup : Price remains in an Uptrend and is up 25% 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. It’s overbought (RSI > 70). Now we wait for price to pull back near $75 support for another swing entry.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $75, (previous resistance), then $65. The nearest Resistance Zone is $85, which it broke, then $100.
LTCUSD ❕ broke down the uptrend lineRight now the price is working out a bearish divergence on the 4H Timeframe.
Price is testing 200EMA as resistance (30m TF)
I expect a correction after a fix below the support.
LTCUSDTThe price is in a short-term ascending channel that has reached the channel ceiling and static level
MACD has a negative divergence and the price acceleration has decreased compared to the previous trend
LTC IS READY FOR 10% PUMP !!! HOURLY TF Based on hourly time frame, LTC formed a bullish flag pattern
1.Entry at FIbonacci 0.5 Zone / 0.618 Zone WIth TP 1 at $ 91.62 and TP 2 at $ 96.7
2.DYOR, This is just my opinion , If the price break down the flag trade will invalid
3.Bullish Divergence on TF 1h Stochastic price goes up while the candle goes down
Thanks for reading my post, you can help me with the rocket bottom below, Be a smart traders and have a good day everyone !!
#Litecoin surges 114% in 6 Months, LTC Could Retest $100Past Performance of Litecoin
Litecoin is at multi-month highs, trading above May 2022 highs and Q2 2022 territory. At this pace, LTC bulls are squarely in control with signals that there could be more upsides. Still, the rejection of higher prices over the weekend may indicate weakness. Bulls have a chance as long as LTC is steady above $80.
#Litecoin Technical Analysis
Litecoin is within a bullish breakout formation following gains in the first week of January. With buyers resilient and inching higher, the breakout is valid as long as LTC is above $80. Note that the upside momentum is also strong, with bars binding along the upper BB at the back of expanding volumes. Despite the upside slowing down, buyers are in control and can load the dip targeting $100. This preview will be null if LTC sinks below $80 and December 2022 highs.
What to Expect from #LTC?
Litecoin is up 114% from June 2022 lows, outperforming the USDT and leading the crypto surge. Buyers may lead the way going forward ahead of the expected LTC halving. Accordingly, optimistic traders can double down on dips above $80, expecting the coin to chart above $100.
Resistance level to watch out for: $100
Support level to watch out for: $80
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTC 50% for short position.In the LTC chart, we have a support line and after breaking it down, 50% is expected.
There is a possibility of continuing the upward movement As long as the bottom of this uptrend channel is not broken, there is a possibility of continuing the upward movement and breaking the resistance of $91.26.
💲 Litecoin Correction Before $130 💲💲 Litecoin Correction Before $130
💲 Nearest strong support zone: around 80.5 fibo level 0.236 of the entire upward wave.
💲 Nearest strong resistance zone: around 0.236 of the downward wave.
💲 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
💲 Price action: Litecoin as I have written many times before has shown a show of strength in recent weeks, it started to break out as the first one of the major cryptocurrencies which I perfectly predicted by publishing many posts on it. After such a rally, I expect a cooling off of the increases and the execution of a downward correction to the vicinity of recent resistances in order to gain strength for the continuation of growth, even in the vicinity of $130.
💲 The scenario I'm playing out is to execute a correction then continue the increases. 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. 🚀
simple predict LTCUSDDISCLAIMER DYOR data pelemahan usd membuat btc menguat dari awal tahun AKANKAH SEJARAH BERULANG
Bitcoin in times of high interest ratesHey there!
I was looking at the ugly charts of cryptocurrencies when I wanted to update my previous ideas.
As I mentioned before, the buying area is around this level (green box). My main target is still between 12-14k.
But in view of the fact and compared to the "corona crash" (to give it a name) at this time it will be different IMO.
-very high interest rates
-times of stagflation (there are many reasons for this - war in Ukraine is just a part of it)
-conflicts getting louder between China and USA
-etc
The fuel of crypto are negative interest rates (I call it gambling money).
As long as we won't see negative interest rates, I stay away from investing in crypto (holding coins).
Of course, I will try spot buys but when I do, then with USDT.
To bring the analysis to an end: We could see 4 digit price for Bitcoin.
Stay safe!
$LTC #LTC | LTF LONGGreen box and EQ might be worked as a support level .
The bottom of the green box, liquidity zone and around 88.97 will be the points I will observe as resistance.
With the loss of 77.95 (1H) , the first bounce of the price will be around 75.88 .
I wish everyone a good week.
RLinda ! LTCUSD-> Bulls before the holidays show strength!)LTCUSD in contrast to bitcoin lately shows its confidence. Recently, the price was able to form a bullish momentum of 80% from the low of 47.50
It is worth paying attention to the descending wedge and the breakdown of resistance. A strong bearish trend has been going on since May 2021, the price has stopped at $52. Price is moving into a narrow consolidation phase and breaking through channel resistance. Could this mean a bottom formed in the $50-52 area? It's hard to say.
But, now the price forms a local uptrend and if the coin continues to dictate its game, then, presumably, in the first quarter of 2023 we could see the growth of the price to 107. The medium term outlook is up to 150.7. The long term outlook if the market recovers is 181 or even 302 (Too positive statement, but why not?).
Merry Christmas!
Sincerely R. Linda!
LTC Livermore coneThis is a bullish view of LTC. LTC has consolidated at around $50 for 6 months after dropping 85%. Now price has broken over the range and seems to find support from the bottom of the range.
Furthermore, it appears that price action is printing a livermore cone that can breakout. Breakout of the cone will push the price in the upper ranges between 235 and 310.
I don't encourage trading LTC. LTC was the first coin in crypto history to be rugged by its founder.
🚀Litecoin: the third wave of the ending diagonal.●● Preferred count
● Litecoin / U.S.Dollar (BITFINEX), 🕐TF: 2D
Fig.1
The long-term waves counting has not undergone any changes. It is assumed that the cycle wave V unfolds the ending diagonal , subdividing into sub-waves ①-②-③-④-⑤ . At the moment, the market is at an early stage of development of sub-wave ③ . Wave ③ should exceed the length of wave ② , taking the form of a zigzag.
_________________
● Litecoin / TetherUS (BINANCE), 🕐TF: 6h
Fig.2
For the last six months, the waves have been unfolding according to our expectations on the six-hour timeframe as well. The completion of waves ② and 2 , as well as the beginning of the development of wave 3 , were predicted.
At the moment the market is ready for acceleration in the wave (iii) of ((iii)) of 3 . As a local alternative, it is allowed to complicate the structure of wave 2 to a combination .
_________________
_________________
●● Alternative count
● Litecoin / U.S.Dollar (BITFINEX), 🕐TF: 2D
Fig.3
As you know, correctional structures are more variable, in contrast to impulse waves. The downward zigzag A-B-C can be identified as a sub-wave (W) within the unfolding double zigzag (W)-(X)-(Y) of ② .
Get ready for the second wave of the diagonal to transform into a multiple zigzag .
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