Litecoin shortAscending triangle on Litecoin chart is broken down. Bearish movement to support level at 54.5 is expected to happen.
Litecoinanalysis
#Litecoin in a $10 Range, LTCUSDT Resistance at $73Past Performance of Litecoin
Litecoin is up three percent at press time and break-even versus the USDT in the past trading week. LTCUSDT prices are trending inside a narrow $10 range with caps at $73 and $63, respectively. Although there are hints of strengths, the failure of Litecoin bulls to conclusively close above $83 and the middle BB points to weakness.
#Litecoin Technical Analysis
LTCUSDT prices are within a tight consolidation with resistance at $73. Even though these are higher highs versus the lower BB, suggesting bullish momentum, sellers are in a commanding position. Notably, LTC prices are still in a bear breakout following losses below Q1 2022 lows. Additionally, Litecoin is capped within May 11 and 12 bear candlesticks. Overall, this is bearish from volume analysis. In the short term, sellers may unload on pullbacks towards $73.
Meanwhile, risk-averse can wait for a breakout formation to load, especially if prices surge above $73 and 83. Conversely, dips below $66 may heap more pressure on LTC. In that case, the coin may dump back to 2022 lows at $53.
What to Expect from LTC?
Litecoin is under immense selling pressure. Despite higher highs, the coin is capped to the upside at $73 by the flexible resistance line set by the middle BB.
Resistance level to watch out for: $73
Support level to watch out for: $63
Disclaimer: Opinions expressed are not investment advice. Do your research.
Litecoin Prediction H1Here is my view for LTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Litecoin shortLitecoin bounced off the resistance area. Asset bounced down off the bearish trendline. Decline to support level at 97.5 is expected to happen.
Litecoin: Future Price PredictionHello friends, today you can review the technical analysis on the 1W (weekly) linear scale chart for Litecoin (LTCUSD).
The chart shows only the Litecoin price and the similarities between the current market structure and price to the prior bull/bear cycle market structure and price.
Though price may move slightly different in both cycles, the overall structure looks very similar. It seems that the current price may be headed to one more touch of the resistance line around $185-$200. To make it easier to follow, I made a pathway in the prior and current cycle. There is a possibility that price could come all the way down to $25-30 range due to a black swan event, however there are multiple support and resistance zones before that happens.
I am NOT confident that Litecoin price will make an all time high until after the next Bitcoin halving in 2024.
What are your opinions on this?
Check out my Ethereum price prediction in the related ideas below.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: 1D Chart w/Price TargetHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin (LTCUSD).
Litecoin has been bouncing around Support and Resistance trend lines and it looks like it may be headed back up to re-test resistance. The resistance is at the 0.382 Fibonacci Retracement which is also near the edge of the red Ichimoku Cloud around $180-185 (my price target). There may be strong resistance at the $125-130 area before moving up. Volume will be important for the price to move higher. RSI just had a nice re-test of the support line and MFI is moving upwards on the trend line. With the current market conditions, if the move happens it will happen very quickly, so be ready.
Resistance Line is the red line and top blue line. Support Line is the orange line and bottom blue line. The green lines are long term trend formation lines.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
GRAYSCALE LITECOIN +35% premium Grayscale litecoin (LTCN) has over a +35% premium discount.
it broke below 9. all time high was $485. anything under 10 to me is a huge buy zone/deal. setting up for a possible great bullish run through first quarter and into the new year. we also have dollar dipage (dollar dip/crypto rip) hopefully running with bitcoin esp if it can make its new all time highs!
pirates load the boat! its time to pillage!
stay awesome - Justin Bridges
LTC Litecoin: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Litecoin (LTCUSD).
Litecoin price looks like it may be headed back down from the current price. Keep an eye on my Support and Resistance Trend Lines. The Fibonacci Retracement shows price has possibility getting back to the 0.382 level. There is also Ichimoku Cloud resistance ahead.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC/BTC showing the path for Litecion?After further analysing the BTC pair of this altcoin, I found out that it loves to tag the golden pocket before turning lower.
Putting this knowledge to practice - we can trade LTC while looking at the LTC/BTC pair, as well as BTC, to time our entries perfectly.
LTC trend lines#LTC/USDT
$LTC broke down descending support line.
🐻 if bears success to hold the price below descending support it will drop to support zone around $80.
🐮 but if bulls success to close the daily candle above descending trend line it can be a fake break down and price can head up to resistance zone around $120.
LTC Litecoin: 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Litecoin (LTCUSD).
Litecoin price on a monthly chart show resistance ahead. Fibonacci Retracement levels shown along with 200 SMA and RSI.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
LITECOIN ShortHey traders, in today's trading session we are monitoring LITECOIN for a selling opportunity around 123 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
LTCUSD wen moon? Litecoin is undergoing a long build up phase
As you can see on the right, it is just a bigger formation of one previously seen, and the one previously seen produced great results
The BTC pair shows a falling wedge, falling wedges are a very reliant and aggressive bullish pattern
Its just a matter of time within a wedge like this
Chart above suggests an entry
LTC Litecoin: Prior Cycles ReviewHello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD).
The chart is self-explanatory. I am reviewing the current and two prior cycle moves and reviewing the Fibonacci Retracement tool at the 0.618 and 0.5 areas (dead cat bounce zones). Assuming history repeats itself, the price has a potential to get back over $200 before moving back down. This is on the weekly chart so have patience, and anything is possible as history does not need to repeat itself.
I have various LTC charts in the related ideas below. Check them out as well!
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: 4H UpdateHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Litecoin ( LTCUSD ).
Litecoin price is made a recent attempt to move upwards in a rising wedge however the price fell and has been trying to recover. It has very strong resistance ahead as noted by the various trend lines in the chart. There is also the Ichimoku Cloud around the 0.50 Fibonacci Retracement level. RSI, MACD and MFI are not looking bullish. Volume needs to come in to make the price move higher.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTC Litecoin: 1D ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin ( LTCUSD ).
The chart is self-explanatory. Litecoin has multiple bullish factors that may give it a nice push upwards. The RSI and MFI were supported by a trend line, the MACD had a bullish cross, the Market Cipher indicator shows a green dot. The price is entering into the EMA ribbons and below the 50 and 200 SMA, and Ichimoku Cloud. Keep an eye on Volume as it hasn't moved yet. The price broke above the median line of the Bollinger Bands. All the way on top is the Support and Resistance Line which is also around the 200 SMA where the price may make an attempt to retest if it can keep moving higher.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LTCUSD Analysis Long Term Periods of Bear and Bull are shown in sections
Currently price is within a falling wedge, as it has been before and broken out before successfully
The 200MA is currently being touched and is a great point for a suggested break out of the wedge
900D cycles seem to be common with a Bull and Bear cycle sharing roughly the same length
Litecoin shortLitecoin bounced off the descending trendline. Asset bounced off the support area. Bearish movement to support level at 90 is expected to happen.
LTC Litecoin: Where's The Bottom?Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Litecoin (LTC).
I reviewed the LTC price history and put together a possibility of where the price will bottom based on VPVR, RSI, Volume and Prior Cycle review. Keep a close eye on the Support Zone and two Support Trend Lines.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Litecoin Wallet LTCUSD M15Here is my view for LTCUSD on M15. The price should go down, you can put a pending order on the Order block. Trade Safe!
LTC trend lines#LTC/USD
$LTC hold above long term support zone.
🐮 price can head up to touch $139 that is the same with descending trend line.
🐮🐮 break out from this trend line will increase price to resistance zone between $200 and $225
🐻 rejection from descending trend line ad $140 will drop price to descending support line around $98 and maybe drop more to support zone around $70.
LTC Litecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin (LTCUSD).
The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Litecoin.
Included in the chart: Trendline, Support and Resistance Lines, Ichimoku Cloud, VPVR ( Volume Profile Visible Range), EMA Ribbons, Volume , Descending Wedge, RSI, MFI (Money Flow Index), Trend Analysis.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Litecoin Wallet LTCUSD M30Here is my prediction for LTCUSD on M15. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
