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LTC

LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the chart of LTC in pair USDT, taking into account the one-day interval. As you can see, the price has been moving in the uptrend channel for a long time, but currently we can see that we are on the verge of exiting the downtrend channel. In such a situation, it is worth marking the places of support for the price, and here we see that the first support has been broken, the second is at $80, the third is at $76, and the fourth is at $72.50. Looking the other way, we see that the first resistance is again at $85, while once the price breaks it, the next significant resistance is at $100. Please also look at the CHOP index, which indicates that the energy is slowly starting to grow, the MACD is close to indicating a downward trend, and the RSI has a rebound after almost a month's increase.
by cryptodailyuk
LTC - Approaching A Strong Rejection! 🛑Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I always keep an eye on Litecoin to feel the overall crypto market. LTC has been trading inside the blue flat rising broadening wedge pattern, and we are lately bullish medium-term trading inside the rising red channel. However, LTC is approaching a strong weekly resistance 95.0-100.0 Moreover, the upper red and blue trendlines act as non-horizontal resistance zones. So the highlighted green circle is a strong area for a possible bearish reversal as it is the intersection of the weekly resistance zone and upper red/blue trendlines. As per my trading style: As LTC approaches the green circle zone, I will be looking for bearish reversal setups (like a double bottom pattern, trendline break , and so on...) For the bears to take over, to start a bearish correction, we need a break below the last major low on Daily/H4. Meanwhile of course we are bullish we can dive inside the weekly resistance. For the bulls to take over long-term, we need a weekly break above 100.0 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
9
Litecoin - Extremely Overbought RSI - SELLOFF IMMINENTBulls don't seem to realize there's more than 22,000 different alt coins & growing. LIMITLESS SUPPLY with zero use cases. A speculative gamblers dream.... or NIGHTMARE. The RSI on daily reached overbought and is crashing below 70 now. ADX indicator it near 40 and expect it to continue to rise as SELLING IS THE TREND. Crypto gamblers are in for a world of hurt. The recent rally looks to be a bull trap. I presume someone is trying really hard not to be force liquidated. EXCHANGES ARE COLLAPSING left and right & new ones just pop up in their place. The crypto frauds make the MADOFF PONZI look like a cake walk. The losses in simpcoins will dwarf any other Ponzi in history. Good riddance.
Short
by EpicEconomics
2
LTC: Overbought at ResistanceLitecoin (LTC) technical analysis: Trade setup : Price remains in an Uptrend and is up 25% since our trading video on LTC was published on Dec 18. After bouncing off of $65 support, it broke above $75 resistance and reached our target of $85 resistance area. That’s where it got rejected a couple of times in Nov/Dec as traders took profits. It’s overbought (RSI > 70). Now we wait for price to pull back near $75 support for another swing entry. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $75, (previous resistance), then $65. The nearest Resistance Zone is $85, which it broke, then $100.
Long
by altFINS
1
Bunch of Altcoins that show ACCUMULATIONThis is copy past & can't put all charts here Please see our TV profile 1 VOLUME is IMPORTANT Some #crypto showing ACCUMULATION DO ur DD! $GNO & $LTC up decently $FARM $SOL always issues but COULD be buy on pullbacks These ALL are 50%+ fully diluted mkt cap valuation - 2 VOLUME = IMPORTANT #Crypto showing ACCUMULATION $FLOW sexy $MATIC NOT as heavy, missed big chunk but still there $XTZ $MANA $SAND also but huge unlock coming - 3 VOLUME = IMPORTANT #Crypto showing ACCUMULATION $ADA but some selling already, cautious $ENJ not super heavy but breaking downtrend $JOE $LOOKS could be beginning - 4 VOLUME = IMPORTANT #Crypto showing ACCUMULATION $KEEP Hit limits & want back in $XLM & $REN has some $WAXP VERY good but keep eye on sell volume - 5 VOLUME = IMPORTANT #Crypto showing ACCUMULATION $IOTX $ZIL $ANKR $SHIB
BINANCE:SOLUSD
by ROYAL_OAK_INC
💲 Litecoin Correction Before $130 💲💲 Litecoin Correction Before $130 💲 Nearest strong support zone: around 80.5 fibo level 0.236 of the entire upward wave. 💲 Nearest strong resistance zone: around 0.236 of the downward wave. 💲 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Uptrend 💲 Price action: Litecoin as I have written many times before has shown a show of strength in recent weeks, it started to break out as the first one of the major cryptocurrencies which I perfectly predicted by publishing many posts on it. After such a rally, I expect a cooling off of the increases and the execution of a downward correction to the vicinity of recent resistances in order to gain strength for the continuation of growth, even in the vicinity of $130. 💲 The scenario I'm playing out is to execute a correction then continue the increases. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Short
by InvestMate
3