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LTC

LITECOIN, Triangle Completion Points to Further Volatility!Hello Community, as the year of 2022 is coming to an end the market shows up with important structures and developments that are necessary to watch and in this case there are coins in the market showing opportunities to move forward with. It is always necessary to look at the cryptocurrencies in the market with an increased pump potential in the market which other cryptocurrencies in the market do not show. In this case I detected a crucial formational structure developing in Litecoin with a determining potential to watch out, especially in the next times. As when looking at my chart we can watch there how Litecoin recently completed this main ascending triangle formation with a breakout above the upper boundary and now Litecoin has come to an important point in the structure here as it is trading above the point of control marked in red within the volume profile in my chart, this is the point in which the most volatility is staying and as long as Litecoin holds above this area it is a good level and setup for further continuations to move forward with. The longer Litecoin stays above this area and builds up as it is seen in my chart the stronger the preceding breakout and volatility continuation will be and once Litecoin also broke out above the upper boundary of the confirmational triangle this will be a setup from where Litecoin is going to accelerate heavily and activate the target zones seen in my chart. Once these targets have been reached it will be central on how Litecoin approaches the areas and if the volatility is high or not, in either of these scenarios further assumptions can be made. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
10
✴️ Litecoin Potential Bullish PatternWhen we look at the last three candles on the Litecoin vs USD chart (LTCUSD) we have a potential reversal pattern... Not yet complete/confirmed. If Litecoin were to close daily/today above $66 this would send out a strong bullish signal. Support was found at the 0.5 Fib. retracement level. While this isn't the 0.618 nor 0.786 Fib. level, when a pair is really strong it can recover sooner such as 0.5 or 0.382 Fib. This is the case with Litecoin. We know it has been strong because it moved ahead of the entire market. Another signal is a hidden bullish divergence short-term. Looking at November vs December, LTCUSD hits a higher low. The RSI on this same date hits a lower low... This is a hidden bullish divergence and while a short-term one it is really strong. There is growth potential. Higher lows tend to lead to higher high... So prepare! Namaste.
GEMINI:LTCUSDLong
by AlanSantana
14
LTC 3x Leverage trade approaching Daily Resistance - buy retest LTC3L ( LTCusdt.3L ) has move +10% in the last 6hrs retest entry of 0.001479 recommended due to possible pull back. LTC3L approaching daily resistance watch for breakout with volume confirmation Target 1: 0.001664 Target 2: 0.001851 Target 3: 0.001973 Stop Loss: 0.001337 Manage Risk - have a stop loss in place price movement prediction Price Prediction not financial advice this is for entertainment purposes only always DYOR
by TradeIntuition
LTC - Technical review and analysisLast week, LTC registered a range trend below the resistance range of $66.7 to $73.3. In the 4-hour and 1-hour time frame, we can expect a narrow upward channel, and if the bottom of the channel breaks in the range of $65 to $64, we can expect the continuation of the downward trend and further fall to the specified support levels. But if the support area of the bottom of the channel is maintained, the price increase can continue up to the resistance level of $70. This resistance can be associated with a negative reaction in the future.
by MonoCoinSignal
6
LTCUSD ABC correction nearing completion?after 5 waves up we are seeing a massive ABC (variation of) correction and completing the 5 waves of C imho IF this count is correct, and BTC tumbles to new lows (or at least test previous lows) i think its fair to say we will see market wide corrections Some Key Levels of Significance: -$48.88 -$40.27 -$29.52 -$22.83 in particular if this current structure is a true bear flag, i will be most interested in a buy at the ~$30.00 level not financial advice, just thoughts and notes for me to compare in the future.
COINBASE:LTCUSDShort
by astoinis
1
LTC: Pullback in UptrendLitecoin (LTC) technical analysis: Trade setup : Bearish RSI divergence signaled that price could not hold above $75 key level and pulled back near $60 support and 200-day MA, which could be a swing entry opportunity. Price remains in an Uptrend. Pattern : Bearish RSI divergence occurs when a coin makes a new high in price but the RSI does not make a corresponding new high value. In other words, a bearish divergence forms when a coin price records a higher high and RSI forms a lower high. RSI does not confirm the new high and this shows weakening momentum. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $60 (previous resistance), then $50. The nearest Resistance Zone is $75, then $100.
Long
by altFINS
1