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LTC/USDT in the crucial area need to bounce for back to upward!💎 Paradisers, the recent market movements of #LTC have certainly drawn attention. LTC finds itself at a critical juncture, teetering on crucial support. 💎 A successful bounce from this support could reignite upward momentum, potentially leading to a retest of strong resistance areas. 💎 However, should LTC fail to find support and breach both the critical support level and the support trendline, it would signal a concerning shift toward downward momentum. Such a scenario could prompt a descent towards key support areas to establish a new trajectory. 💎 Upon reaching these critical support levels, a decisive bounce is imperative for LTC to reclaim ground and reignite upward momentum. Reclaiming the price above the $80 support area would be pivotal for LTC to resume its upward trajectory toward our target. 💎 Should this scenario falter and LTC breach the key support level, it would likely prolong downward momentum, leading to further declines. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
LTCN About To Print MillionairesHello everyone, I figured I would do an updated chart on LTCN. My previous chart played out as predicted so far. So, LTCN is in a clear breakout. Local top is coming around $30 with a possible 50% correction back down to $15 at that time. Coincidentally after the current cup and handle plays out, this correction will be forming a much larger cup and handle pattern on a higher degree of trend. If this larger cup and handle plays out then I can see LTCN hitting all time highs and probably breaking through into price discovery where we could see $1000 + LTCN. For this to happen then the native Litecoin cryptocurrency would have to be into the thousands of dollars. Either we are all crazy or Litecoin crypto is about to print bigger millionaires. Hold onto your hats folks, things are about to get interesting. Good luck out there. This is just my opinion, none of this should be considered financial advice in any way.
OTC:LTCNLong
by Bitgolder
32
LTCN Following BCHG, Dont Get Shaken Out Here!I just wanted to point out where I believe we are in the LTCN cycle. BCHG seems to have front run LTCN in this cycle. BCHG broke through the .786 and corrected perfectly down to touch the .7 LTCN is correcting are the .618 where BCHG didnt. So what I see is LTCN is going to break the .786 at $132 spike up to $160 and then come back down to the .7 at $84 before a straight shot up to all time high. Dont get shaken out here right before the massive parabolic rally in cryptos and crypto stocks. Also something to note is the STOCH RSI and RSI look much more bullish on the LTCN chart where the BCHG chart looks a little more toppy and corrective. Not financial advice just my opinion. Thank you
OTC:LTCNLong
by Bitgolder
3
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
Long
by CryptoCheck-
BCHG Looks Good For A Run To $50 At LeastBCHG has broken through all the resistance levels. Next one is around $24.50 and if it can get through that then I see a straight shot to $43 and then $55. At those levels I would expect a decent pullback perhaps up to 50% before its attempt to break the high. BCHG is much further along than LTCN in its run. LTCN still has a long ways to go to reach the level that BCHG is at. So upside on BCHG is limited in the short term perhaps another 100% vs LTCN could do a 1000% move to reach the same level as BCHG as far as nav value to price. Keep an eye on news and developements surrounding the space and specifically securities and SEC stuff. The Proof Of Work coins are about to make a comeback. I think Litecoin will far outperform Bitcoin Cash but Bitcoin Cash will have a decent run as well. Good luck out there my friends. Ill update this chart throughout the cycle. Please like and follow me and this idea so you can be notified when i update it. Thank you and please know that none of this is financial advice its just my opinion and observations. Good luck my friends.
OTC:BCHGLong
by Bitgolder
7
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
Long
by CryptoCheck-
8
Jesus LTC !Litecoin is a cryptocurrency that operates on a decentralized network, similar to Bitcoin. It was created in 2011 by Charlie Lee, aiming to offer faster transaction times and lower fees compared to Bitcoin. Regarding its future with AI technology, there are several potential intersections: 1. **AI-Powered Trading:** AI algorithms could be employed to analyze market trends and make predictions, potentially aiding traders in making more informed decisions when trading Litecoin. 2. **Fraud Detection:** AI can be utilized to detect fraudulent activities within the Litecoin network, enhancing security and trust among users. 3. **Smart Contracts:** AI technology could facilitate the development of more sophisticated smart contracts on the Litecoin blockchain, enabling automated and self-executing agreements with greater complexity. 4. **Scalability Solutions:** AI could help in developing solutions to address scalability issues faced by Litecoin and other cryptocurrencies, such as optimizing block size or implementing layer 2 scaling solutions. 5. **Personalized Financial Services:** AI-driven personalized financial services could be built on top of the Litecoin network, offering users tailored recommendations for investments, savings, and spending based on their individual financial situation and goals. In essence, integrating AI technology with Litecoin could lead to advancements in efficiency, security, and user experience within the cryptocurrency ecosystem.
BITSTAMP:LTCUSDLong
by TrojanBible
Litecoin (LTC) - Bearish Short Term {£GBP}Despite the BTC dip this week, today's price of "Litecoin" still remains bearish-looking short term as it is trading near the local support level of £79. Thus this mark is crucial for bulls, if it breaks out, the drop is likely to continue to the £76 area. On the daily time frame, the price action of LTC has failed to rise after yesterday's bullish closure. If the candle closes around current prices; traders can expect a test of £72 shortly. From the midterm bullish point of view, traders should not expect any sharp moves too soon. In this case, ongoing consolidation in the wide range of £76-£83 is the more likely scenario until mid-April near the BTC halving.
Short
by Bitcoin_Benny
The last bullish chance of LTCUSDT in Mid term! Litecoin is currently perceived as being in a full buying zone, indicating that the market conditions suggest it's a favorable time to consider buying LTC. This assessment might be based on various factors such as technical analysis, fundamental analysis, or a combination of both. Traders often look for specific price levels, patterns, or indicators to determine buying zones, which could include support levels, oversold conditions, or bullish signals. You mentioned a significant area of investor interest or buying activity between $77 to $79. This range is considered crucial because it represents a block area where substantial buying orders are expected to be placed. Identifying such key levels can provide insights into potential price movements as they may act as support zones where buying pressure could increase. You've set seven target prices, indicating that you've identified multiple levels at which you plan to take profits or partially close your position. Having multiple targets allows for a more nuanced approach to profit-taking and can accommodate different market scenarios. These target prices are likely based on factors such as historical price levels, technical analysis indicators, or psychological levels. Emphasizing the importance of managing risk is essential in any trading strategy. Risk management involves measures such as setting stop-loss orders to limit potential losses, position sizing to control the amount of capital at risk, and diversification to spread risk across different assets. By managing risk effectively, traders aim to protect their capital and minimize the impact of adverse market movements. Offering assistance in case of confusion demonstrates a willingness to support others and promote clear understanding. Trading can be complex, and it's not uncommon for traders to encounter confusion or uncertainty. Encouraging open communication and providing clarification can help ensure that traders make informed decisions and feel confident in their actions. In summary, your trading strategy for Litecoin involves identifying a buying opportunity, pinpointing key price levels, setting multiple target prices, emphasizing risk management, and offering assistance to address any confusion. By following these principles and staying informed about market developments, traders can enhance their chances of success in the cryptocurrency markets.
Long
by MOAZAM1133
1
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.
by Rick_SimpleSwap
LTCUSD: About to start an unprecedented end of year rally.Litecoin is about to turn overbought on its 1W technical outlook (RSI = 69.352, MACD = 5.439, ADX = 27.356) but that is far from a sell recommendation. This chart shows that the historic pattern since its start is a Channel Up which sees its greater returns and starts the cyclical rally when the 1W RSI turns overbought. All rallies have hit at least the 0.618 Fibonacci trendline so this is where our end of year target is (TP = 1,600). On an extreme bullish scenario, it can even reach the Channel's top, extending to a +32,549% growth as the 2017 rally, which return a target at 12,000. Best to have have sold the majority of your LTC at 1,600 though. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
BINANCE:LTCUSDLong
by InvestingScope
LTCN Litecoin Grayscale Trust Parabolic Move Starting Now!As you can see from the chart LTCN has very little resistance from $28.50 to CSE:TO 95 dollars. Once LTCN gets above $28.50 and closes above prefereably on a daily then its game on in my opinion. Next stop would be $95 and then $200 both areas of probably light resistance. The heavier resistance comes in at the prior all time high at $458. The move to $90 could happen very quickly and then from $90 to 200 even faster. I cant predict the timing but it could be as fast as a couple weeks and maybe up to 1.5 months. I think some where in between based on prior moves LTCN has made. Good luck out there my friends. Check out my Litecoin analysis as well I am updating daily. Also if this adds any value to you please like it and follow me for future updates. Thank you
OTC:LTCNLong
by Bitgolder
6
LTC/USDT 8HInterval Chart ReviewHello everyone, let's look at the LTC to USDT chart taking into account the 8H time frame. As we can see, the price is moving above the local upward trend line. Going further, you can see the price fighting in a strong resistance zone from $102.33 to $115.12, when we break out of this zone, we can see an increase to the resistance level of $131.40. Looking the other way, you can see the first support at the level of $91.29, the next strong support is at the level of 77.73, and then it is worth defining the zone from $68.23 to $56, which previously held the price. Looking at the RSI indicator, we see that it is moving towards the upper limit, with room to make another upward move, but at this point it is worth being cautious before a potential rebound. However, the STOCH indicator bounces from the upper limit and subsequent raises result in a higher price movement.
by cryptodailyuk