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Unleashing the Bull: MASK/USDT Primed for a 20x Potential in theTechnical Analysis Indicates Bullish Long-Term Potential for MASK/USDT The cryptocurrency market has seen significant growth recently, and one coin that has shown remarkable performance is MASK/USDT. With a 350% increase in just 7 months, the coin has caught the attention of investors. In this article, we will analyze the technical aspects of MASK/USDT and discuss its potential for further growth. Technical Analysis Overview: The current trading price of MASK/USDT stands at $4.48, indicating a substantial upward trend. The coin has already reached $7.40, which is six times its recent bottom, showcasing its strong growth potential. From a technical analysis perspective, the outlook for MASK/USDT appears bullish in the long term. Support and Resistance Levels: The recent price action suggests that MASK/USDT has bounced from the support level of $3.70, indicating a positive momentum. Based on this, it is reasonable to expect a potential rise to $6 in the coming days. However, it's important to note that $6 represents a strong resistance level. If MASK/USDT manages to break through this resistance, it could embark on a skyward trajectory toward a new all-time high. Potential Upside: Considering the current market conditions and the technical analysis, there is a possibility of significant upside potential for MASK/USDT. If the coin successfully breaks the $6 resistance level, it could experience a substantial surge. With a projected 20x potential in the next bull run, the coin becomes an enticing investment opportunity. Entry Points and Targets: For investors considering entry into MASK/USDT, it is advised to consider a partial entry strategy. The suggested entry points are: Entry 1: $4 Entry 2: $2 After breaking through the $6 resistance level, the following price targets become relevant: Target 1: $14.50 Target 2: $35 Target 3: $80 Market Dominance Considerations: It is important to monitor the dominance of cryptocurrencies in the market. If dominance continues to rise, it may create buying opportunities when altcoins experience a decline. In such scenarios, it is advisable to accumulate small quantities of MASK/USDT at $4, while reserving substantial buying power for an opportune moment around $2. Conclusion: In conclusion, based on the technical analysis, MASK/USDT appears to have significant bullish potential in the long term. With recent support levels and resistance identified, investors can plan their entry points and set realistic targets. However, it is crucial to conduct thorough research and analysis before making any investment decisions. Keep in mind that this article represents an opinion and should not be considered financial advice. Takeaways: - MASK/USDT has shown a remarkable 350% increase in just 7 months. - Technical analysis suggests a bullish outlook for MASK/USDT in the long term. - $6 represents a strong resistance level that, if broken, could lead to new all-time highs. - The coin has a projected 20x potential in the next bull run. - Consider partial entry strategies with suggested entry points at $4 and $2. - Price targets after breaking the $6 resistance level are $14.50, $35, and $80. - Market dominance fluctuations may provide buying opportunities for MASK/USDT. - Conduct thorough research before investing and seek professional advice if needed. Disclaimer: This article represents the author's personal opinion and should not be considered financial advice. Always do your own research before investing in any cryptocurrency. Follow us for more quality analysis. Thank you.
Long
by CryptoPatel
3
🔥 Litecoin Halving Soon: Pump & Dump?The Litecoin halving is around the corner. In a couple of months we will see the rewards per block halved, substantially decreasing the supply of Litecoin. If you're familiar with BTC halvings, LTC works the same. Historically, LTC has seen an increase in demand to front-run the halving event. The last time this happened, it was a buy the rumor - sell the news event. I'm anticipating the same thing this time as well. My expectation is that LTC will see some kind of pump over the next couple of weeks towards the blue target area. This will most likely also be the 2023 top. Do you think LTC will still pump? Share your thoughts🙏
Long
by FieryTrading
4
Two Possible Scenarios for LTCHi everyone! While the market is not stable and is in uncertainty, it is not advisable to trade. But let's consider one idea for LTC. The asset is moving within a large triangle, the price is responding well to its trend lines, as well as Fibonacci levels. What can we expect? The first option is a breakout of the descending boundary of the triangle and a touch of the Fibonacci level of 0.618. If the sentiment in the market is bullish by this time, we can expect the continuation of growth. The second option is a breakout of the ascending line of the triangle and a drop in price to the nearest strong Fibonacci level of 0.236. This is not a trading recommendation, everything you do, you do at your own risk.
BINANCE:LTCUSD
by neverovv
Analyzing Litecoin (LTCUSD) Impulsive Surge with Elliott WaveShort term Elliott Wave View in Litecoin (LTCUSD) suggests the rally from 3.11.2023 low takes the form of an impulsive Elliott Wave structure. Up from 3.11.2023 low, wave 1 ended at 103.41 and pullback in wave 2 ended at 75.37. The crypto-currency has now rallied higher in wave 3. Up from wave 2, wave (i) ended at 82.07 and pullback in wave (ii) ended at 77.17. Internal subdivision of wave (ii) unfolded as a zigzag where wave a ended at 77.33, wave b ended at 81.95, and wave c lower ended at 77.17. This completed wave (ii) in higher degree. Up from there, wave i ended at 81 and pullback in wave ii ended at 79.64. Wave iii higher ended at 93.59 and pullback in wave iv ended at 90.34. Final leg higher wave v ended at 94.98 which completed wave (iii). Expect Litecoin to pullback in wave (iv) before turning higher again in wave (v). This would complete wave ((i)), and the crypto currency should then pullback in wave ((ii)) to correct cycle from 5.8.2023 low before the rally resumes again. Near term, as far as pivot at 75.37 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.
BITSTAMP:LTCUSD
by Elliottwave-Forecast
LTC: Resistance BreakoutLitecoin (LTC) technical analysis: Trade setup : Price bounced off of support trendline (blue line in chart) and 200-day moving average, and broke back above $90 resistance. Momentum turned bullish again (MACD crossover and RSI crossed above 50 centerline), and price could revisit $100-$105 resistance zone where it got rejected 3x. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high. Trend : Uptrend on Short-Term basis, Downtrend on Medium-Term basis and Neutral on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, which it broke, then $105.
Long
by altFINS
LTC/USDT Technical Analysis: Halving Analysis Points to Bullish LTC/USDT Technical Analysis: Halving Analysis Points to Bullish Trends In this technical analysis of LTC/USDT, we will delve into the current price movements of Litecoin (LTC) and its potential for short-term and long-term gains. We will also discuss the upcoming halving event and its impact on LTC's price action. Please note that this article is for informational purposes only and should not be considered as financial advice. Conduct thorough research before making any investment decisions. Key Takeaways: LTC has experienced a strong bounce from its support level of $75 and is currently trading at $91, marking a 140% increase from the bottom. The bullish sentiment is reinforced by the anticipation of the upcoming halving event, which may drive LTC towards a $140 target, representing a 70% increase from the support level. LTC is currently facing resistance at the $98 level, but it is expected to break through soon and soar towards the $130-$140 range, which would be an ideal exit point for short-term investors. After reaching the resistance zone, LTC could undergo a significant correction, potentially retesting the $50-$60 range. This dip presents an excellent opportunity for long-term investors aiming for substantial gains. Looking ahead, LTC's long-term targets are projected at $300, $500, and $700, indicating its potential for significant growth during the next bull run. Analysis: LTC's recent performance suggests a bullish trend, supported by its strong rebound from the $75 support level. This positive momentum can be attributed to the forthcoming halving event, which is expected to enhance LTC's value proposition. With the price currently at $91, there is a possibility of a 70% surge towards the $140 target before the halving. Nevertheless, LTC faces a resistance level at $98, but market sentiment suggests a breakthrough is imminent. Once this resistance is surpassed, LTC could embark on a bullish run, with the $130-$140 range serving as an optimal exit point for short-term investors. However, it is important to note that after reaching the resistance zone, LTC may experience a significant downward correction. This anticipated dip could see LTC retesting the $50-$60 range, offering a favorable entry opportunity for long-term investors aiming for substantial gains during the next bull run. Conclusion: Based on technical analysis, LTC currently exhibits bullish tendencies, with the upcoming halving event serving as a catalyst for potential price increases. Short-term investors may consider exiting their positions in the $130-$140 range, while long-term investors can look to accumulate LTC during a potential dip around the $50-$60 range post-halving. With long-term targets projected at $300, $500, and $700, LTC presents an appealing investment opportunity during the anticipated bull run. Disclaimer: This article does not constitute financial advice. Always conduct your own research and consult with a professional advisor before making investment decisions. Follow us for more Quality Charts Analysis. Thank you.
Long
by CryptoPatel
1
LTC is showing growth.Hello everyone! I've noticed that in the past few days, LTC has been showing growth consistently. I will conduct a brief analysis to understand the reasons behind this and what we can expect in the future. I believe most of you are aware that we have a halving event coming up, specifically in 72 days. I have explained what halving means in my previous posts. Additionally, we have a very positive news background. The launch of the LTC-20 network is also imminent, which could further push the price upwards. The coin is also being traded within an ascending channel globally, providing opportunities to buy at the lower boundary for profit-taking at the upper boundary. So, let's keep an eye on LTC.
BINANCE:LTCUSD.PLong
by CHOWTRADE
LTC, TRI-MONTHLY CHART... on target to 200 levels come HALVING.LTC, accumulation and price growth this past few days has notably surpassed its 'bluechip coin' peers. As we speak we are now at 92 level area from the 80.0 a while back -- with the public anticipating higher valuation come halving which will come in 74 days. Expect a series of price ascend from here on -- targeting its previous peak at 200 with a breakout prospect till ATH levels at 480.0. Certainly, holders continue to add on their holdings as volume keeps registering above average levels. TAYOR Safeguard capital always.
Long
by JSAL
Litecoin Pre-Halving Pump TimeLTC has started the week strong, bouncing from the weekly support and pounding through resistance with no issue. I think this is a sign that we are really beginning to see Support pre-halving. If we’re able to flip the daily support around 85 during retracement we should complete a 5th wave up which makes me bullish for Litecoin to head to my upper OB. Targets between 124-130 conservatively. I Will re-analyze as we near. However LTC historically tops out about 46-44 days before the halving so with this in mind the conservative target are most achieveable
KRAKEN:LTCUSDLong
by Theia_
1
LTC/USDT 1DAY UPDATE !!Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Litecoin (LTC) also moved higher in today’s session, with price climbing by as much as 7%. Following a low of 81.75 on Sunday, LTC/USD raced to an intraday high of 87.54 earlier in the day. This jump resulted in the token reaching its highest point since March 6, which is the last time LTC was trading close to the 90.00 mark. a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken. price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00. There is a strong possibility that litcoin could move above 90.00 in the coming days. Hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
LTC: Approaching SupportLitecoin (LTC) technical analysis: Trade setup : Price got rejected again (3x) at $100-$105 resistance zone and pulled back to $80 support and 200-day moving average. So far it appears to be holding that level and could swing back up to $100 again. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high. Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, then $105.
Long
by altFINS
🔥 Litecoin Bullish Triangle: Support Held!Litecoin has been in a long-term bullish trend since the FTX drop back in November of last year. As seen on the chart, there's a strong diagonal support which keeps on holding and sending LTC upwards. After the big drop a couple of days ago, the support has yet again not failed us. With a bullish reaction to the CPI I'm looking for a move towards the top resistance of the bullish triangle. Too early to say whether we're going to break out from it. All we can see is that LTC looks like a decent shot for a long-position.
Long
by FieryTrading
8
Litecoin - Scenarios To Watch 👀What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the Litecoin 1H chart. Let's dive right in... Ticker: LTCUSDT Date: 05/12/23 Timeframe: 1H Supply: 83.82-85.24 (1st red zone), 89.07-89.86 (2nd red zone) Key zone: 81.41-82.00 (grey zone) Demand: 75.18-77.74 (green zone), 65-67.58 (green zone) Commentary: LTCUSDT seems to be one of the few cryptos that have established a low on this move down and continues to respect demand down at these lows. This means it could be one of the tickers to play now that we have established new demand and supply levels. Currently it seems to be respecting this ~82 level grey zone as supply but if this 75.18-77.74 demand holds up it is only a matter of time that this zone gets broken. There are a few trades we could target from here: ✅ Bullish Scenario 1: you want to see price pull back into the demand zone ~75.18-77.74 and buyers to emerge again for an upside move, possibly into ~81.41-82 key zone or higher into supply at ~83.82-85.24. This is the safer upside play. ✅ Bullish Scenario 2: you want to see price break above ~81.41-82 key (grey) zone, pull back to retest this zone and turn it into demand to catch a break and retest for a further upside move, potentially into supply at ~83.82-85.24. ✅ Bullish Scenario 3: you want to see price rally and break both this key (grey) zone and supply level at ~83.82-85.24, pull back to retest ~83.82-85.24 zone and turn it into demand to catch a break and retest for a further upside move potentially into next supply at ~89.07-89.86. 🟥 Bearish Scenario 1: you want to see price approach this key (grey) zone at ~81.41-82, sellers to regain control as they have done since Wednesday this week, and possibly catch a retest of this zone into demand at ~75.18-77.74 again. This will be the safer downside play if it sets up soon. 🟥 Bearish Scenario 2: you want to see approach supply at ~83.82-85.24, show weakness, possibly retest this zone and reject again for a move down into the grey zone or further down into demand. 🟥 Bearish Scenario 3: you want to see price break below demand at ~75.18-77.74, pull back up to retest and turn this zone into supply for further downside into March lows. There is a demand zone at ~65-67.58 so be cautious of that. That's all we got for you in this one. So what do you think? Are you bullish or bearish? Let us know in the comments below! We'll see you in the next one. -The AlgoBuddy Team
by QuantVue
2
LTC/USDT 4HInterval in correctionI invite you to review the LTC chart in pair to USDT, so on the four-hour interval, we will mark the downtrend channel in which the price is moving with blue lines, but here we can observe that during today's review we are witnessing a strong market rebound. Moving on, we can move on to marking the support areas when the initiated correction begins to deepen. And here, the first support that is currently holding the price is at $77.61, the second support is at $74.9, the third support is at $72.71, and we still have support at $70.46. Looking the other way, we see that we need to go through a big strong resistance zone from $79 to $83 first, then we have resistance at $85.17 and then move towards $91.41. Please look at the CHOP index, which indicates that a lot of energy has been collected, MACD indicates that despite the correction, we maintain a local uptrend, while the RSI after today's increase is a strong rebound.
by cryptodailyuk
BTC To Rebound 📈 BNB Upside Potential 🚀 LTC In Trouble? 🤔Bitcoin is currently facing 🌧️ stormy weather, but ATTMO is forecasting ☀️ sunny skies for the next 24 hours. This may translate to an imminent market rebound ahead, especially given the sharp decline in its transaction fees, which could support the world's largest cryptocurrency. Meanwhile, the weather is 🌴 tropical and very bullish for Binance Coin today, with some significant upside potential. However, Litecoin 🌩️ is bucking this positive trend, as ATTMO predicts stormy weather ahead, indicating a downside risk for the cryptocurrency. Over a one-week horizon, ATTMO expects a slightly bullish market with some upside potential for both major cryptocurrencies - Bitcoin and Ethereum . An imminent market rebound is also predicted for Dogecoin .📈
by ATTMO
Litecoin to stall at previous support?Litecoin - 24h expiry Previous support at 84.00 now becomes resistance. We look for a temporary move higher. Our short term bias remains negative. 50 4hour EMA is at 84.33. We are trading at oversold extremes. We look to Sell at 84.23 (stop at 87.23) Our profit targets will be 77.23 and 75.23 Resistance: 80.00 / 82.00 / 84.00 Support: 76.60 / 75.20 / 74.00 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