Litecoinusd
Long position on LTCUSDT 8H / Trading SetupBINANCE:LTCUSDT
COINBASE:LTCUSD
Hello dear traders.
Follow for more analysis and positions.
Long position on LTCUSDT 8H
⏱mid-risk status: 2x - 5x Leverage
⚡️TP:
86.5
87.5
88.5
89.5
90.5
91-92
➡️ SL:
84
The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
LTC: big reward📊 Analysis by AhmadArz:
1. Support and Resistance Levels:**
- Support:** Around $82.80.
- Resistance:** Approximately $88.00 and $96.82.
- 📉🛑
2. Trend Channels:**
- Currently, the price is moving within a horizontal range and appears to be awaiting a breakout.
- 📈📊
3. Trading Strategy:**
- Buy Zone:** Enter buy positions if the price breaks and surpasses the $84.15 level.
- Target Price (TP):**
- TP-1:** $96.82
- 💹💰
-Stop loss: 82.80
⛔
4. Overall Trend:**
- The current trend is in consolidation. If the price can break the $88.00 resistance level, it is likely to move towards the higher target price.
- 🚀📈
In summary, consider entering buy trades if the price breaks the $88.00 resistance level and aim for the target price of $96.82.
🔗 "Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
LTC📊Analysis by AhmadArz:
🔍Entry: 87.60 - 86.06
🛑Stop Loss: 89.56
🎯Take Profit: 83.88 -80.83 -78.95 -76.40
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Litecoin LTC price is preparing a surprise for us?)Today, let's talk about Litecoin.
Once upon a time, CRYPTOCAP:LTC was called "silver" of course after CRYPTOCAP:BTC "gold", and gave more hope and prospects for CRYPTOCAP:LTC than CRYPTOCAP:ETH at about the same then price of $6-9 per coin :)
Now the "conspiratorial talks" around Litecoin are resuming again. As if the chance that LTC ETFs will be the next to be accepted is higher than ETH ETFs. This is attributed to the fact that LTC has the same halving cycle as BTC, and in general, they have more in common than BTC and ETH.
Do you believe this?) Write in the comments.
Now, what do we see on the #LTCUSDT chart?
- The price has been holding up quite well lately, so if it stays above $100, there will be a good chance for continued growth to $130-140
- If the correction in the crypto market continues with greater force, then LTC could fall to $70
In general, the #LTCUSD price is moving very "hard" and trades are taking a long time to work out
But that's the price for low-risk and low-volatility trading.
But if you believe that the LTC ETF will be next, then buying LTC in the range of $70-80 with the prospect of rising to $250 or even $295 is a good idea.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
LTC - BIG NEWS : THIS Last Happened in 2020📈📉Hi Traders, Investors and Speculators of Charts📈
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators!
We observe the bullish cross on our technical indicator; a bullish cross that lead tot he parabolic cycle in December 2020 (there hasn't been one since). I used this exact method to call the start of a new BTC bullish cycle. Find it here:
From a trendline analysis as well as moving averages, we get a support zone around $80. The price may very well wick towards this zone and STILL remain bullish.
Remember that as BTC trades sideways/range, we may see rallies across altcoin markets. I've created this post to give you a better understanding of the rotation between BTC and Alts:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:LTCUSDT
Litecoin - DON'T miss this SECOND CHANCE on LTC📉Hi Traders, Investors and Speculators of Charts📈
Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the correction phase to be close to/ before the BTC halving which is in April .
So far, we're starting to see what looks like a pullback across all crypto's. BTC corrected from 48k to 41K, and currently the bears are controlling the lower timeframes. HOWEVER - this is a great opportunity to get in at lower prices before the second impulse wave starts.
The second impulse wave is know to be the biggest one, with the biggest increase - and that's what we're looking forward to after this correction is over.
For the near term, I'm expecting LTC to trade range between the upper resistance and lower support as pointed out on the chart. This is a great re-accumulation zone, incase you missed the first one.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:LTCUSD.P BINANCE:LTCUSDT COINBASE:LTCUSD KUCOIN:LTCUSDT
LTC/USDT Price Movement ScenarioBelow is the price movement scenario for LTC.
Analyzing the asset's dynamics since mid-2022, we can observe a clear upward trend, indicating investor confidence and potential growth prospects. However, despite this, the asset is still significantly below its all-time highs, providing an opportunity for entry into positions.
Looking at the trading volume profile, we see that market participants continue to act in line with the current trend, accumulating positions to support price growth.
Currently, the asset is trading below the resistance level at $115.86, which can be considered as a potential entry point. It is expected that continued trading below this resistance level may lead to further strengthening of positions and subsequently to a breakthrough of this level.
The target level at $297.70 can be considered as the next key level.
LTC Bull continuation to break above 100$Hello, yeah I know the past week or so was a bloodbath,
So LTC as seen on the chart has just completed the correction from 102 and completed at 78$,
So from there, our entry was at 81.94. so from here im expecting a bullrun to break above 102$.
SO for those that have been hodling LTC, keep on Hodling. the coming weeks are gonna be great and life changing.
NFA as always.
Cryptolean Litecoin LTC UpdateIn the daily LTCUSD chart, in the beginning of the week, Litecoin had a fake-out to below $80.43 into the daily range zone.
However, it recovered strongly, re-confirming $80.43 as a support.
The current price action in Litecoin is very interesting as it is testing the key daily resistance of $88.82-$92.07.
A bullish break-out of $92.07 is needed to have a rally towards $100.
A bearsih rejection of the key daily resistance of $88.82-$92.07 will lead to a re-test of $80.43.
Cryptolean Litecoin LTC Update Litecoin found a support at $80.43, the key daily support zone, and we see a bullish reaction from this level.
A bullish reversal from $80.43 is likely, assuming we see bullishness back in CRYPTOCAP:BTC , and will result in a move to re-test $88.82-$92.07.
A bearish break-out of $80.43 will push #LTC price lower towards $73.31, however the price action may be slow and choppy.
Intraday Chart
The LTCUSDT 4-Hour chart is neutral and moving to the key intraday resistance at $87.89.
A bearish rejection of $87.89 will lead to Litecoin price declining to $80.29, the key intraday support.
A bullish break-out of $87.89 will push price to re-test $91.97 and, possibly, higher to $96.84-$100.31, where the price action will be very important.
Support once read!
Thank you.
Litecoin- Trading Litecoin is like going to hospital and be connected to an oscilloscope.
- Some traders in cryptos consider BTC as Gold and LTC as Silver.
- LTC halving always happens before BTC Halving.
- That's the main reason of some of the soft LTC "MiniPumps" before the real BTC Rush.
- Everything is in graph.
- Will story repeats again ?
Happy Tr4Ding !
#LIT/USDT#LIT
The price is on an upward journey from the support area at the lower border of the bearish flag
The price now is 0.850
Its target is the upper border of the falling flag, which represents resistance from which the price may bounce slightly.
First target at 1.355
Then the ascent continues
For the second goal 2.20
The price now crosses the Moving Average 100
This rise is supported by seven sells on the MACD
"Litecoin: Major Opportunity as Bullish Momentum Builds"Litecoin: Navigating a Major Buy or Sell Opportunity as Bullish Momentum Builds
Litecoin, often dubbed the "silver to Bitcoin's gold," is currently at a critical juncture in its price action, presenting traders and investors with a significant buy or sell opportunity. Over the past six years, the market for Litecoin has been characterized by corrections, but each multi-year low has consistently formed a higher low, establishing a robust support level.
This pattern of higher lows underscores the resilience of Litecoin's market structure and suggests accumulating buying pressure at key levels. Now, as Litecoin approaches a pivotal moment, all eyes are on whether it will break out to the upside, surpassing the multi-year resistance level marked in red on the chart.
A breakout above this critical resistance level could signal the start of a bullish trend reversal and potentially ignite a sustained bull run. With Litecoin poised to challenge all-time highs, investors are closely monitoring the current pennant formation, marked by the black triangle on the chart, for clues about the coin's next move.
The pennant formation is a technical pattern characterized by converging trend lines, signaling a period of consolidation before a potential continuation of the prior trend. In the case of Litecoin, this consolidation phase could be setting the stage for a decisive breakout, either to the upside or downside.
For traders assessing this buy or sell opportunity, it's essential to consider the broader market context and key technical indicators. The pattern of higher lows provides a strong foundation of support, while the multi-year resistance level represents a significant hurdle for Litecoin's bullish aspirations.
As Litecoin navigates this critical juncture, investors must exercise caution and closely monitor price action for signs of a breakout. Whether Litecoin breaks out to the upside and embarks on a bull run or faces rejection at the multi-year resistance level remains to be seen. Nonetheless, the current pennant formation presents a compelling opportunity for traders to capitalize on Litecoin's next major move in the cryptocurrency market.
LTC - THIS INDICATOR says SELL 🤔📉Hi Traders, Investors and Speculators of Charts📈
Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the second impulse wave (2-3) only AFTER the BTC halving, which is set to happen in April.
So far, we've seen a correction / pullback across all crypto's. BTC corrected from 48k to 41K and now hovering around FWB:42K where it has found support. But across most altcoins, the bears are controlling the lower timeframes. HOWEVER - this is a great opportunity to get in at lower prices before the second impulse wave starts.
The second impulse wave is know to be the biggest one, with the biggest increase - and that's what we're looking forward to after this correction is over.
For the short term though as pointed out, I'm expecting LTC to trade range or perhaps even slightly lower. This is a great re-accumulation zone, incase you missed the first one.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the market s.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:LTCUSD.P BINANCE:LTCUSDT COINBASE:LTCUSD
Litecoin LTC is not looking goodAlthough I’m bullish on most alts in medium term, Litecoin is looking pretty weak at this point. It seems a shoulder-head-shoulder pattern is forming on the weekly timeframe, indicating a move down back to approximately $25. Just putting this out here to see how it turns out.
LTCUSD 548% profit projectionThis analysis for swinger who look at a good coin to hold for long period,
LTC already reach major support level, we can enter this coin to aim 548% profit projection after halving at $342.78
Rightnow support at $60.
If you are trade futures, make sure your margin level below $34
good luck
LTCN Discounts were in, Will the PARABOLIC Premiums come back?It is amazing how well grayscale litcoin performed during the last bull market, I hope everyone took profit. All time highs was around $500 and was selling for around a 6000% premium. Can we truly go parabolic after January 10th, 2024 when the sec finally approves a bitcoin spot etf, and imagine getting some type of premium back during the bull market after btc halving.
Props to the people who watched this during the bear market while looking for small sideway movements during two months and started accumulating on the way up from 2$ to around $17.87 at the time this chart was created.
LTC - Litecoin coils up for Mini CycleHi Traders, Investors and Speculators of Charts📈📉
Litecoin has gone through an extended accumulation phase, and by looking at previous examples of macro cycles on LTC, next up is most likely another upward cycle.
Previously, LTC went straight from bearish cycle into a mini cycle. But this time, we went straight from bearish cycle into accumulation phase, indicating that a mini cycle may likely be next before we hit the parabolic bullish cycle. In other words, MINI CYCLE and ACCUMUATION PHASE has swapped around this time after the BEARISH CYCLE.
There's no indication on the chart of a definitive move into an upward cycle just yet, thus I'm expecting a few more candles of accumulation / range trading.
It's important to note that during the mini cycle, the price can increase AND decrease substantial amounts. The price usually decreases back close to the starting point fairly quick after the increase. The mini cycle also lasts much longer than the parabolic bullish increase cycle:
These are the parts of the cycle we are waiting to repeat, with MINI / MID CYCLE coming up next, followed by more accumulation, followed by the parabolic bull cycle :
You'll know when it's around time for the parabolic increase phase when another Bullish Cross is observed on the LTC Market Cap :
Another great way to watch out for that serious bull run cycle is when LTCBTC starts to trade closer towards the white trendline and even above. Consider that the phase has ended again when LTCBTC candles lose the white trendline:
_______________________
📢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
CRYPTOCAP:LTC BINANCE:LTCUSDT BINANCE:LTCBTC COINBASE:LTCUSD