Ltcanalysis
LTC-4h. The price is ready for the test $220.After breaking the key mark of $147 , the growth of the LTC price slowed down. Active resistance from sellers on January 3-4 did not work and the main level of the LTC coin remained under the control of buyers. The price went according to the "white scenario", which we wrote about in the previous idea:
At $173, sellers found a new range to slow prices. However, at the moment their strength is not enough to stop the strong trend.
The main target of $220 remains valid. Now the price is one step closer to growth by 25%.
LTC trading volumes are now in 4th place among all crypto coins.
In the event of a sharp change in the situation in the crypto market - the critical point remains at $147. However, the probability of breaking the $147 mark is still quite low.
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LTC-4h. Correction to $131 is possible.Judgment Day has come! Buyers managed to break the $147 level. Thus the purpose of our previous idea is achieved. Trading volumes at the time of the $ 147 attack were very high. Today, the sellers decided to show their strength and returned the price of LTC within the white wedge.
This will now address the question of whether the $147 break is false. Closing today's day candle below $147 Sellers will go on the attack.
Buyers will have one last chance to counterattack from $131 . By lowering the price below, the price of LTC will fall to $100
If buyers today keep the mark of $ 147 - then the next goal of buyers - $220-230 .
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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LTC-3h. Local correction to $112-115 is possible.HAPPY NEW YEAR!!!!!
Despite the great achievements of buyers in the LTC market , fantastic trading volumes and the update of the historical high of BTC , the price of LTC failed to test the critical level of $ 145.
We wrote about this level in the previous idea.
The sellers are trying to take matters into their own hands. The local level of $131 is already under the control of sellers. Slowly but surely, sellers are lowering the price to the bottom trend line in the range of $112-115 . From there, we expect a new impetus for growth. We will see how successful it will be in the process of its formation.
Alternative scenario. If buyers do not keep the range of $112-115, the global correction of the coin will begin and the price will continue to fall to $100 .
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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LTC-6h. Judgment day is near!Almost every end of the year in the LTC market is very intriguing. 2020 is no exception. The price of LTC is approaching a powerful mark of $145 , which buyers can not break for 2 years.
Since November 2020, trading volumes in the LTC market have been insane. It's scary to imagine what will happen when the price hits the $145 mark.
However, we are sure that this will be a real show . A successful break of the critical level will raise the price to $188. However, the global target is around $330.
A false break in the $145 weekly timeframe will give global sellers a $82 first-target initiative. At the moment, LTC 4-th is ranked by daily trading volumes. It is worth looking at.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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LTC-4h. Buyers need $83 to continue growingLTC buyers were able to give a decent answer to the local downward trend on 7 December. 16% rebound is a good result.
However, this fight takes place within the consolidation triangle.
The level of $83 plays an important role. This level plays a brake role. The LTC price does not turn immediately from this mark, but each time it is done with great difficulty.
This time, buyers could only touch this mark . Trading volumes began to increase as they approached the white trend line . However, they are clearly not enough to continue growth. We expect to continue trading inside the triangle and test $71.
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LTC/USDT: A Slow and Steady Uptrend 1H (Aug. 01)X Force Global Analysis:
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In this analysis, we explore Litecoin's hourly chart to assess its slow and steady uptrend, as well as significant support and resistance zones.
Analysis
- To begin with, Litcoin is trading within an ascending parallel channel
- Prices are hovering above the 20 Simple Moving Average (SMA), which is located above the 50 and 100 SMA consecutively
- There is strong support at 57 USDT, and 55.85 USDT
- Given that prices remain intact within the ascending parallel channel, we could expect a continuation of the current uptrend.
What We Believe
Just as many other altcoins, Litecoin is on an extremely steady rally, looking to potentially break through new highs. Technicals on the shorter time frames show signs of a steady yet bullish trend.
Let us know what you think in the comment section below
Trade Safe.
MY read to 4H LTCUSD chart! interesting pointhello again, this is my read to the 4 hour chart as you can see we are upwards trending on a paralleled channel which is a bearish pattern and usually breaks to the Downside. Definitely something to keep in mind! please let me know what you guys think about my analysis! and feel free to comment your opinion in the comments below.
I am not a financial adviser and this is not a financial advice! my analysis are for educational purposes only.
Don't miss the great buy opportunity in LTCBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00705). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Litecoin/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 0.00785
TP2= @ 0.00900
TP3= @ 0.01000
SL= Break below S2
LTC Litecoin's rally is reaching an End and $66 is the target!hello guys. as you can see Litecoin is on its last wave up Endig 5th wave diagonal! RSI SHOWS extreme exhaustion on price action by developing a there drive Mega bearish divergence which is likely to play out in the coming days to weeks! so this is a moment to be cautious on the market is anything can happen. at any moment and you need to be prepared.
cheers
Don't miss the great buy opportunity in LTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 80.35
TP2= @ 131.60
TP3= @ 143.75
SL= Break below S2
Don't miss the great buy opportunity in LTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 80.35
TP2= @ 131.60
TP3= @ 143.75
SL= Break below S2
LTCUSD Price Moving With Bulls?Litecoin has had an enormous fall and cash is dropped from the estimation of $72.35. The cash even contacts the estimation of $73 yet didn't remain there for long. The following day on Tuesday the money encountered a gigantic drop in the worth and reach straightforwardly up to $67.43 and it is colossal. From Wednesday to Sunday the estimation of the Litecoin was running between the estimations of $50.00 to $58.00 and stay under the bearish weight.
Recently, on Monday the money open with the estimation of $54.31 and the end cost was $56.06. Recently, additionally the cash drifts between the specific scopes of qualities and the most noteworthy the money came to is $56.16. On the off chance that we analyze yesterday's and the present cost the estimation of Litecoin is encountering an expansion of 3.21%, which is extremely positive.
News Source : TheCoinRepublic
LTC LITE COIN LOOKS LIKE GOOD BUYLite coin looks like a good buy here we are still low on the RSI on the 12H and the Daily we are having a little bit of consolidation people profit taking after the quick gain today after the 69% pullback. Support is at 76 if this support line fails than cut loses quickly.
LTC/BTC BUYVeo una buena oportunidad de compra
()Litecoin esta en un buen uptrend
Veo un buen soporte en 0.015719
() zona de confluencia con el Fib 61.80% + Trend line re-test
()possible continuation de trend al llegar esta zona de precio 0.015719
I don’t leverage trade this pairs, I trade my own coins.
Disclaimer : this is not financial advise, do so at your own risk
Litecoin Analysis: Important Info. for Intraday Timeframe TraderConclusion for today’s Litecoin technical analysis: Conservative entry into a long (buy) position(s) involves buying a breakout above $39.62
The 6 hour timeframe candlestick chart is presented in today’s Litecoin price analysis with coverage of market action over the past 5 months.
Downward momentum was maintained up until price hit a low of $22.84 on December 7, 2018 followed by a bullish price swing that reached a price high of $39.62 on February 08, 2019.
Bearish trendline in Litecoin lasting just over 5 months is indicated on the chart and was successfully broken to the upside as part of the development of bullish momentum that climaxed on February 08, 2019.
The current bearish trendline is anticipated as support on further retracement of price, which implies the $38 price level indicating a possible change in polarity i.e. previous resistance acting as support.
Lower support level (i.e. between $30.32 and $28.48) is also indicated on the chart and expected to provide support should selling continue below the $38 level. Moreover, the current bullish trendline from the December 7, 2018 low in price is also drawn on the chart as region to watch out for price consolidation.
The most conservative approach to going long (buy) on a breakout above $39.62.
LITECOIN - DEATH LOOMS NEAR FOR LTCThings are not looking good for Charlie Lee's brainchild. Litecoin has dropped out of a bear flag with a downside target that could prove fatal to LTC hodlers. Buyers are struggling to push the price back above the lower channel but strong overhead resistance is not showing signs of withdrawal. Make no mistake that if price continues to stay below the channel, LTC faces an imminent threat to its existence - the possibility of a huge selloff that could wipe LTC off the crypto market for good!