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Ltcforecast

#Litecoin Completes Retest, #LTC Bulls Aiming for $135Past Performance of Litecoin #LTC prices are firm on the previous trading day and on the cusp of closing above the middle BB. From the LTC candlestick arrangement in the daily chart, sellers still have control from a top-down analysis. Even so, the close above last week's highs and $115 may reinvigorate determined buyers targeting $135—or better in the short-te rm. Litecoin Technical Analysis Technically, the correction of early April 2022 constituted a retest following an impressive breakout formation in mid-March 2022. Based on the formation in the daily chart, it is highly likely that #Litecoin prices may float back to March 2022 highs. Accordingly, aggressive LTC traders may buy on dips provided prices are above $100 as they target $135. Such a move would reaffirm buyers of mid-March and possibly set the foundation for another leg up towards $150 in the medium term. What to Expect from LTC? Buyers are shrugging off sellers and solidifying their position reading from the development in the daily chart. A sharp close above $120 may draw more buyers, driving the coin towards March 2022 highs. Resistance level to watch out for: $120 Support level to watch out for: $100 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
░▒Ł▒░ ŁITECOIN | FORECAST|6HR ░▒Ł▒░COINBASE:LTCUSD Here is the Łitecoin forecast on the 6HR (stretched to a daily time resolution) as I see it. Although not surpassing the previous all time high (ATH) we still see a 6% trend grade incline. The patterns are similar and stretching out over time a little more than previous. It's likely to look like this chart over the next few years. This forecast is until the peak at about late 2024. Right now it's neutral during this accumulation phase, so you should have room to buy more before another bull run in the last quarter of 2022. THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL" THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS") IN THE WORLD. CRYPTIK-ONE: OK Eve, that (rare) time has arrived. You get a chance to talk about an ALT coin to our followers. Please tell us your thoughts on Litecoin. EVE: Litecoin is one of the more older coins out there. Again, it's based on Bitcoin, so many things are similar. There are improvements to the codebase which make Litecoin a much faster coin - thus the 'Lite' in the name. With bitcoin you are limited to 7 transactions per second and Litecoin can have 4x as many. CRYPTIK-ONE: That is good to hear. How do you feel about it's utility and future? EVE: Litecoin is more of a transactional currency. I don't feel like it can trade with the top coins in large enough volumes. A lot of alt coins are on the rise, which is kind of a good thing if you're invested in them. I don't see Litecoin having any real major changes during the next few months. We will have to wait and see how things shake up. CRYPTIK-ONE: I do not see any in the next few months, however towards the end of the year. How do you feel about it's future over the next few years? EVE: I predict more of the same during this cycle for the next year or two. Difficult to predict how things will play out, much less in the coming years. CRYPTIK-ONE: It is however, I have. You just mentioned how yourself. "More of the same during this cycle... Keyword, "Cycle" everything works in cycles, if you look throughout history you will see this over a long enough time resolution. I am talking fads, fallings of civilization, gender dominance, etc. EVE: I'm not sure what you mean by the fall of civilization. I generally don't look that far ahead when it comes to economics and technology. Cycles are more up my alley, as they are more important in my opinion. CRYPTIK-ONE: So break out for Litecoin starting last season of 2022. Do you concure? EVE: I think that is very plausible assuming the corresponding bubble. CRYPTIK-ONE: Alright, thanks for your feedback and conversation Eve. Until next time my dear. EVE: Thanks for having me. Keep on breeding! CRYPTIK-ONE: What? Keep on breeding (Lol)? EVE: (Lol), breeding as in trading and general investment behavior CRYPTIK-ONE: Oh, wow I never heard of that term before. Thanks! Peace out girl scout. EVE: Haha, you're welcome 😊.
COINBASE:LTCUSD
by CRYPTIKAL_ENTERPRISES
What Will Happen to LITECOIN ? Buy Or Sell ?📊 #LTCUSDT (Litecoin) 💹 Time Frame: Daily (Update) ➖➖➖➖➖➖➖➖ 🟡English: As you see Litecoin broke out the classic falling wedge pattern in the chart and is trying to hold above MA50. if LTC can close one daily candle above this Area then we will see more upward movement to meet the first resistance near 160$ then head forward to the strong resistance zone near 200$. But If Litecoin can't hold MA50 we will see more bearish movement to the first support near the 100$ area. This Analyzing Will be Updated. ➖➖➖➖➖➖➖➖ 👤 AmirHossein 📅 02.08.2022 ⚠️ (DYOR)
by Trader_Needs
3
LTC 3D Pattern “Cup and Handle” finishes its formationFor a long time, 7 months we have not updated the idea for the pair LTCUSDT, because the previous idea was working perfectly and the "Cup with handle" pattern was formed. Below you can see our thoughts about the prospects of the LTCUSD pair 7 months ago. In April 2021 we wrote that it would be good to buy Lite in the area of $90-125 for the long term . And already on the May decline, the price low for LTC was $104 . That is, if you have listened to our thoughts and set up a few buy orders in this area, most of the orders would have been executed, and the investments would have shown +100-130% by now. However, we should not get upset, perhaps the fate will give us one more chance to buy Litecoin long. Maybe, the price of LTCUSDT will go down to $160-170 once again , where the buyers should finally confirm their strength and serious intentions to continue growth. The global aims for growth of LTCUSD price have not changed for 7 months; we have described them in our previous idea, and we will mention them again — they are $765-785. There are good growth perspectives in LTCBTC as well, at least +150%, because the price is just trying to push back from the absolute bottom. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
66
LTC/BTC 4HOUR UPDATEWelcome to this quick LTC/BTC analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- LTC/BTC Triangle pattern create to buy the dip and retest green zone Entry:- buy green zone Traget:- 20% to 25% Stop loss:- 21MA Yellow line downside candle close Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
Litecoin Update!!As predicted Litecoin has been going vertical slicing through some major resistance levels like 222$ and even more importantly the 247$-250$ resistance level that we have struggled with in the past. We have wicked all the way past the 0.6 FIB level all the way to just over 300$ (USD) we are currently seeing a little downwards pressure but nothing to serious and we are holding onto that 0.5 FIB level, we gotta hold this for our daily close tonight and if we do for the second time in 2 days we are looking very bullish. We have been flying up the top bollinger band pretty explosively and if we do see this bullish close tonight i think there is a strong chance that we are actually going to continue climbing up here! We are all around very bullish right now! The MACD looks great we are seeing some big separation in the MA's which is a very good sign and something we want to see continue, this allows us to have some downside or a bit of a cooloff without triggering a bearish cross, also shows the bulls momentum is rising! Same thing with the histogram we are seeing steady increases in each daily green bar which is a good sign for our momentum and this is something we wanna see continue going forward, once we start to see a decline or the histogram starting to flatten out it opens the door for a likely bear cross. Now the squeeze momentum indicator, we we're just recently coming out of a bullish cycle with out bar reaching the midline but we have onceer again activated a new bullish squeeze and currently we are seeing our squeeze release shown by the black crosses turning white, and this is the most explosive part on this indicator and this squeeze release could potentially continue on for the next few days, which would be great! Overall super bullish on LTC it is a great project/coin and i think we definitely have some big upside, i do think at some point sooner than later we should expect a little cooloff with a few days of red action, this would be totally normal and actually a healthy thing for price action and our overall structure, but for right now i think we are going to keep climbing and especially with BTC dominance slowly falling once again! Not financial advice just my opinion!
COINBASE:LTCUSDLong
by JacobR905
Litecoin Breakout!!LTC has started to move to the upside after having a period of sideways movement as seen by the horizontal yellow rays, we have broken out of this sideways channel which could also be looked at as a bullish triangle which ive also drawn in, another crucial level we have taken out well looking like we will take out (have to wait for daily close at 8PM EST) is the R1 resistance level which is very bullish, we could've gotten rejected off of this level but Litecoin is showing some strength pushing through, a close above here will open the door for a push up to the 222$ resistance level, pretty heavy resistance but with some good momentum we should be able to push through, also on todays candle we have wicked up and above this level which is already weakening the level. 1 more near term target is the resistance at 247$-250$ level, we historically have had some problems getting up and above this level but with the upcoming surge in the markets im sure this is on the table. Something very bullish coming from the bollinger bands is we are directly ontop of the top band, and if we see a daily close up here we could see an explosive ride up the top band very likely bringing us to that 247$ level. Now lets look at the MACD, we are looking alright here we just had a bullish cross but i would definitely like to see some more bullish action to confirm this. we had a 1 day bear cross just before this bullish cross, we had a red bar right before todays bar, we want to see increasing green bars indicating a rise in bullish momentum, if we continue to stay flat or decrease we would be looking at another bear cross, another key thing i want to see is that Blue MA start to really take off from the orange MA, we need to see some separation or we risk a bear cross off of a small sharp downside move from price action, having good spread in the MA's lessens the chance of having a near term bearish cross and it also allows price action to have some room to go down for a couple days without triggering a bear cross! Not financial advice just my opinion!
COINBASE:LTCUSDLong
by JacobR905
Litecoin set for a big run!!?Litecoin has been rebounding very nicely recently taking out the 0.2 FIB at 177.55 and the crucial pivot point which we have held for the past few days. This level is very important because it signals a turn around in the market and by holding above here we can expect to see some upside, we don't want to breakdown and fall below so keep an eye on this level. We are currently facing resistance as im writing this and our next significant points of resistance after taking this level out would be the R2 resistance at 218 and then heavy resistance shortly after at 220$ finally the last heavy point of resistance we will talk about today is the 247$ which we always seem to struggle with, if we can successfully take this level out we are looking very very bullish! Now check out the bollinger bands, as you guys can see just today we are starting to grab onto that top band which is always a great sign, if we can continue doing so we will be looking at a big rally riding up the top band taking out key resistance levels on the way! Another thing i should point out is the bollinger bands are beginning to squeeze on price action and the more we see this happen and the tighter they get the bigger explosive move, now the BB doesnt signal which way this move is headed but i would say we are looking at the upside. Now something that looks very positive on the MACD is if you look at the histogram we were in a steady decline going towards the midline but today we have rebounded and actually have created a bigger green bar then yesterday, this could be the start of another bullish rally on the MACD it shows bull momentum is increasing and if we see this continue to play out we are going to see some nice upside follow, aswell the MA's specifically the blue MA is starting to gain more separation on the orange MA, this is always a positive sign because the more we separate the less likely we are to see a near term bearish cross, even if we were to have a couple red days. Seeing the Blue MA head to the upside and the orange continue to be flat and move sideways shows that we for sure could be set on another bullish rally! Not financial advice just my opinion!
COINBASE:LTCUSDLong
by JacobR905
4
Litecoin looking for a breakout against BTC!Litecoin has been really struggling as of late with us continuing to push down following this descending channel, one positive we have seen is that we have broken up into the upper half of the channel, but we still can't seem to breakout! We could be looking at a breakout sooner than later, looking at the bollinger bands we seem to be also stuck underneath the midline which as of right now acts as resistance, if we are going to move anywhere to the upside we need to see a strong push above this level and sort of target that top band so we can take it for a ride upwards. The MACD looks to be coming to an end of this current bearish cycle we see the blue MA pushing upwards looking for that bullish cross, i figure we will see this in the next couple days but we have to watch for a healthy histogram and healthy separation in the MA's! The Wavetrend aswell seems to be coming out of its little bearish cycle, we are seeing the wave starting to push back up, but we definitely still have some work to do like making sure we can fully cross that midline without any hold ups! Overall looking pretty good for LTC which tends to lag behind the rest of the market, looking for a breakout in the coming days/weeks! Not financial advice just my opinion!
Long
by JacobR905
LTC about to takeoff against BTC!!!Litecoin has been getting held down heavy with this downtrend resistance and today we are seeing a big push up and through this resistance, we could be seeing the start of LTC really starting to regain its value against bitcoin. We got a very nice bounce with the MACD our blue MA is pushing higher and starting to separate away from the orange which is a very positive sign for a nice little run. We could see our histogram start another cycle of bullish bars after we saw a pretty brutal 3 cycle bearish histogram recently. We are upcoming on a very key pivot point where we could see a flip to the bulls side, we have to make sure we secure this PP and are able to hold onto it before i could really say we are seeing a full reversal. On the very positive side we are looking at the bollinger bands and we are very close to that top band which 99.9% of the time is a very bullish sign. if we can push up into the top band we have a high chance of taking that top band for a decent ride to the upside most likely smashing us right through that pivot point and probably upto that first resistance level, i think we are going to have a bit of a slow rest of the month for crypto and mostly altcoins but i believe we could be seeing the start of the build up before we see our next leg up, which i personally think could happen in august. Not financial advice just my opinion!
Long
by JacobR905
LTC - 6h. Buyers need to keep the range $158-168The protracted consolidation in the LTC market is coming to an end. Before the consolidation, 2 unpleasant events happened. Unfortunately, buyers were unable to keep the boundaries of the trend channel, in which the price moved from December 23. In addition to the trend line, buyers lost an important range $220-230 , from which the LTC price began a new wave of growth and renewed its high. On the positive side , however, buyers have managed to maintain control over the range of $158-168. This price zone saved the LTC market from February to April. It is this fact that gives buyers a great chance to continue the price rollback to $220-230. In the short term, this is our main target. Globally, the range of $220-230 may only be the first stop on a buyers journey. By holding the price zone of $158-168, buyers will secure themselves a medium-term price vector with a target of $280 . It is in this mark that the future fate of the LTC market will be decided. The main task of buyers at the moment is not to lose control of the market over the weekend. Well, let's see how they do it on Monday. _______________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
26
LTC 1D Pattern "Cup with a handle" or continued growth?We would like to bring to your attention a global idea on the chart of the LTCUSDT pair This instrument has a long history of trading and makes it possible to see how this pair has been trading since mid-2013. In our opinion, the price of LTCUSDT is approaching the critical level of $285, in the area of ​​which one of two scenarios may begin to be realized: 1) It can be assumed that the global pattern Cup with a handle is forming on the chart. In this case, having reached $285, the price may start a rather deep downward correction. A tasty buying area for an investment long can be considered $90-125 2) In case of breaking through $285 upwards, and consolidation from above this level, we can consider the scenario of a powerful rocket to the moon. First, ATH breaks of $365-370, and then you can start the dream of growth to $785 Still, in 2014-2016, LTC was called silver, which will go right after the gold BTC, but then ETH appeared and something went wrong ...) To the pluses of the 2nd scenario, you can add what we see on the LTCBTC chart (It's a pity that the BTC-e exchange no longer exists, it had the longest trading history) So, on the chart, there are weekly candles, and they have been moving downward in a clear channel for the last year. They were close to refresh the all-time low but received a strong upward momentum. In case of a possible breakout upward and the continuation of the movement along a given vector, we can expect another +100%, because it is there that the first powerful liquid zone is located. Well, let's see if "there is life in the old dog yet" named Litecoin Will it be able to at least partially repeat the growth trajectory as in 2017, when LTCUSD made x100-x200 from $2-4 to $370 in a year. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
35
LTC - 6h. The loss of $183 will lead to a sharp drop to $140In the previous idea, we expected a test of the $ 196 mark: The boring price movement within the triangle showed us where the liquid range to buy is. We are talking about the price of $170-175 . This range sustained the first hit on February 22-23, when the LTC price fell non-stop. Please note that this range did not stop the total decline in LTCUSDT, but it slowed down significantly. The importance of this price range is also confirmed by a new wave of growth that began on March 5. Only after buyers managed to take control of the $170-175 range and test it at low volumes, a 30% increase in the LTC price began : On March 25, buyers were again tested for strength. However, the $170-175 retest passed without much enthusiasm from the buyers. The new wave of growth began rather sluggishly and now the LTC price is near the critical point. If we analyze the LTCBTC chart on a weekly timeframe, the reason for the slowdown in the growth of the LTC price becomes clear: Stopping the growth of the BTC market and the fall in the price of LTCBTC has a bad effect on the price of LTCUSDT. Therefore, it is the new upward impuls e of the LTCBTC pair that can significantly revive the LTC price and help it get out of the upward triangle. ___________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
19
LTC - 4h. New test range of $208-215?As early as 2 weeks ago, a local downward trend began on the LTC market , which successfully corrects the previous wave of growth from February 28. Unsuccessful attempt of buyers on March 15 to gain a foothold above the range of $208-215 ended with the activation of sellers. In fact, for 5 days, the LTC price consolidated below the $208-215 range before starting a new downward impulse. The main struggle in the LTCUSDT market was fought around the mark of $195 and $215 . In the previous idea, we indicated that if buyers keep $ 193-195, they will be able to break through $ 208-215: The mark of $195 also played a key role on March 24th. It was after a weak test by buyers of this range that the LTC price fell by 13% in a few hours. Thus, sellers managed to test the range of $170-175. At the moment, the LTC price is moving in a local channel of decline. The critical point for sellers is at $ 187. If buyers manage to take control of this mark, we will expect a re-test of $208-215. However, in our opinion, in order to start a new wave of growth, buyers need to pass the test again in the range of $170-175 . In a negative scenario, the price of LTCUSD will continue to move in the white channel of decline. Therefore, it is worth closely monitoring the re-test of $170-175 and making decisions. __________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
19
LTCLTC has certainly made its move but it has NOT YET made its ATH unlike BTC and ETH. As long as there is no news that tanks the crypto market then LTC is next. It is consolidating under a resistance that was made waaaaaay back. when LTC goes you will easily see this get to 220s. The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
COINBASE:LTCUSDLong
by RozeRoze
4
LTC - 4h. Buyers are preparing for the test of $175The correction of the previous wave of growth in the LTC market lasted for almost a month. After setting a local high of $185.83 , buyers retreated. As a result of the correction, a triangle was formed in which the LTC price was traded until February 2. In our previous idea , we showed potential LTC buying areas. Thus, testing the range of $126-130, the price of LTC began a new wave of growth and went beyond the consolidation triangle. Buyers managed to take control of the $145-150 range. If sellers fail to lower the price below this range today, we will expect continued growth to $171-175 An alternative scenario will begin if an erroneous breakdown of the $145-150 range is formed in the daily timeframe. In this case, a new clear channel of LTC growth will be formed and we will expect a correction to $132-133 ________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
4