Major updates of Litecoin halving !!Hello friends, welcome to this Litecoin update from Crypto Sanders.
Chart Analysis:- Litecoin (LTC) has already experienced several halving events. Litecoin halving events occur approximately every four years, similar to Bitcoin, and they are designed to halve the block reward for miners.
First halving: occurred on August 25, 2015 – Block reward reduced from 50 LTC to 25 LTC.
Second halving: occurred on August 5, 2019 – Block reward reduced from 25 LTC to 12.5 LTC.
Third Halving: Occurred on August 6, 2023 – Block reward reduced from 12.5 LTC to 6.25 LTC. (This event is estimated based on a four-year half cycle.)
For the latest information on Litecoin halving events and its current status, I recommend checking a reliable cryptocurrency news source or the official Litecoin website.
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Litlong
LTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this LTC/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Litecoin (LTC) surged to a nine-month high on Wednesday, as prices rose past a key resistance level.
LTC/USD hit a peak of $97.73 earlier in today’s session, less than 24 hours after trading at a low of $93.05.
As a result of the surge, litecoin rose to its strongest point since May 5, when prices were at a high of $106.86.
Looking at the chart, the move took place following a breakout of a ceiling at $95.50 and came as the relative strength index (RSI) collided with a resistance of its own.
As of writing, the index is tracking at 65.96, which is marginally below a resistance level of 66.00.
Since approaching this point, earlier gains have somewhat declined, with LTC now trading at $95.58.
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LIT/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick LIT/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-LIT/USDT trade setup
If the LIT/USDT long position triangle pattern create and retests the trade line in the green zone
Entry:-$1.30
$1.35
Target:-
$1.40
$1.47
$1.55
$1.62
$1.69
Stop Loss:- $1.27
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
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Lit' targets my fav coin LIt,we need close 4h bar above the green line to get our targets and the red one is the stop loss if close under it 4h bar,so my targets as you see guys on chart
short term:
TP1: 6.46
TP2: 9
TP3: 12.5
long term:
TP1: 20
TP1: 45
TP3: 60
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...NOTICE...
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this is a high-risk trade so please if you don't how to trade, how to secure your money or your running profits or nothing know in trading, no enter into trade
I will not responsible for the loss.
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stay tuned for the upcoming analysis of the coins
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if you want any coin's targets or analysis, or there is something not clear for you, just comment guys ;)
LIT will be the double in April✅ Buy: 8.60 - 10 ✅
🎯TARGETS:
1- 12.27 (23.00%)
2- 14.56 (45.60%)
3- 22.60 (126.0%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below 7.70
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