Exploring the Bullish Outlook for Litecoin (LTCUSD)Litecoin (LTC/USD) is showing a bullish trend, supported by several key fundamentals.
The cryptocurrency market is experiencing renewed interest, with Litecoin benefiting from its reputation as "digital silver" alongside Bitcoin's "digital gold" status.
Litecoin's upcoming halving event, expected in August 2023, is generating excitement as it typically leads to increased scarcity and potential price appreciation.
Additionally, Litecoin's growing adoption in real-world transactions and its recent integration into various payment platforms are contributing to its positive outlook. The overall crypto market sentiment is improving, with institutional investors showing increased interest in alternative cryptocurrencies like Litecoin.
I'm utilizing probabilities on my charts to get positioned into longs for Litecoin.
Now, let's take a closer look at my analysis.
12M:
2W:
1H:
Feel free to share your thoughts and ideas in the comments below!
LTCUSD
Litecoin LTC price "keeps up"In 2016-17, 2019, and 2020, CRYPTOCAP:LTC was among the first to roll out the alt-season.
Of course, #Litecoin is “not the same” anymore, and many newcomers to the crypto market and fans of “hamsters” do not even know how much CRYPTOCAP:LTC "to do" for the global development of crypto. He was proudly called “silver” right after the golden CRYPTOCAP:BTC
🔝 And yet, the OKX:LTCUSDT price is holding up well, volatility is reduced, is it really preparing for something “big”?
Do you believe that the #LTCUSD price can reach $190-220 again?)
LTCUSD / Lite coin Bullish Robbery plan tp steal the moneyMy Dear Robbers / Traders,
This is our master plan to Heist Lite Coin LTCUSD market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
LTC/USD LiteCoin Market Robbery Plan on Bullish DirectionMy Dear Robbers / Traders,
This is our master plan to Heist LTC/USD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
LTCUSD Will Go Lower! Sell!
Here is our detailed technical review for LTCUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 58.45.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 54.04 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
LITECOIN about to break-out to its parabolic rally.Litecoin (LTCUSD) is on its 3rd historic Cycle and just recovered its 1W MA50 (blue trend-line). All Cycles have a Top, Bear Phase, Accumulation phase under Lower Highs and finally Parabolic Rallies.
It appears that we are currently about to complete the pre-rally Lower Highs accumulation phase, which will be confirmed after the price breaks above the 1W MA200 (orange trend-line) and the Lower Highs trend-line.
Technically it can go as high as the 1.1 Fibonacci extension ($500.00) but we will settle for the time being for an ATH test at $400.00 if this is where we will be by the time the price starts approaching the top of the Sine Wave.
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BTC/4 Model for LTC/USDLTC is BTC with 4x the supply, it was released 3 years 9 months after BTC. To make BTC/USD relative to LTC, BTC/USD must be divided by 4. Why? B/c if BTC had 4x the supply the price would be 1/4th. Now that price have been made relative; time has to be made relative, by drawing a simple trend line on BTC/4, the point at which LTC/USD breaks out can be determined. The best fit resistance line makes time relative to the price.
If you want to determine the price of LTC ~4 years into the future divide the current BTC price by 4.
And if you want to determine the price of LTC currently go back 3 years 9 months on the BTC/4 to find out.
As you can see the 2017 top happened to be the BTC/4 top in 2013.
And currently LTC/USD is exactly where it needs to be.
5K is commeth, afterwards, it may just surprise everyone.
Litecoin May Revisit ATHs for 500%Litecoin continues to hold this long-term diagonal support, having only once wicked below it during the March 2020 black swan.
During the last two months of June and into July, it re-tested that diagonal and got quickly bought up.
Chances look good that it goes for another test of the horizontal resistance around 408 dollars, or at least most of the way there, which would be about 500% from our low over the last two weeks.
Lose the diagonal support and this trade is invalidated. Hold above it and I'll keep it active.
LTC Technical Analysis: Will Litecoin Resistance Zone Give Way tLTC is trading under the resistance zone (Green) at $72.96 - $76.19 and we are expecting a bullish breakout very soon because we are seeing an increase in volume and improving macro market sentiment.
There are 2 scenarios
Bullish Scenario
If the price breaks out from the Green zone with volume we might see the price could reach the next resistance zone (Blue) at $109.69 - $119.41.
Bearish Scenario
If the price is rejected from this Green zone we might see the price test support zone (Yellow) at $56.19 - $60.79. This zone is consistently providing a strong support zone. The price has been bounced back from this zone many times.
LTC on the Edge: Will We See a Bullish Breakout or a Fall?Yello, Paradisers! Could #Litecoin's long-awaited breakout be just around the corner? Let's dive into the recent analysis of the #LTCUSDT and see what's going to happen:
💎Currently, NYSE:LTC is tightly compressed between the trend lines of a falling wedge pattern, and we're anticipating a bullish breakout soon. Why? Because we're seeing increasing volume and improving macro market sentiment—key indicators of a potential upward movement.
💎50EMA is about to cross, a bullish signal that often precedes price increases. The POC of VRVP is also Reinforcing this bullish bias by acting as support within the major support zone.
💎But what if #Litecoin gets rejected at the upper trend line of the falling wedge? In that case, we might see a retest of the bullish order block (OB) at $64.19. This area has consistently provided strong support for BINANCE:LTCUSDT and is packed with liquidity.
💎However, if NYSE:LTC fails to rebound from $64.19, the next critical level to watch is the lower support at $57-$60. The probability of a rebound from this level is significantly higher.
💎Should NYSE:LTC continue to fall, the bears could take control, potentially leading to a bearish continuation.
Stay disciplined, Paradisers, and watch those key levels for profitable trading!
MyCryptoParadise
iFeel the success🌴
LTCN (Dip buy?) 18-20$ zonekicking myself i didnt keep one share at 2$
if youre like me and missed that opportunity. this might be your second best.
previous resistance now acting as support. bullish divergence on rsi.
increased volume on break of resistance and now low volume pull back back into that area to see if it is support. and so far so good. stops around 16 - 17.. ish.
depends what your goal is. also a wide zone you could really go to 15. but depends if its a short term trade or longer term hold. longer term. no stops.
LTCUSD Lite Coin Bullish Side Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist LTCUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Shitcoin Summer is HereIt's hot outside right now. Real hot. Clocks in at 120 where I live. But I'm cool as a cucumber right now because I know my Christmas is gonna be a good one. Why? My shitcoins are about to move. Check out my chart of eight of my favorite $hitcoins - they've all retested bottom and the bottom rejected them all. So - whether you love em or hate 'em, back up we go. That's how it works. Don't fight it, you'll lose. Just buy someone else's bags for cheap now before this rocket blasts off.
LTC: Weekly Chart Update.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
LTC is currently retesting the crucial supporting trendline with the current price at $69.64. This supporting trendline has been well-respected since December 2018, and a breakdown below the support will likely be an uncomfortable situation for LTC.
Early this year in February, LTC broke above the important resistance trendline, and technically, at present, it is in a retest phase. The upcoming weekly close will be important for LTC.
Key Observations:
~ Current Support: $69.78 (Must Hold)
~ Lower Support: $47.90
~ A rebound from the current support will possibly build up better chances for a bullish rally in the coming days
DYOR. NFA.
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Stay strong.
#LTC
Litecoin LTC price will it surprise and delight or not?#LTCUSDT price is not rising particularly rapidly, but it is not falling either, which is important in the current situation on the crypto market.
Consolidation and position accumulation, at least this assumption can be made.
For #LTC price, the buying zone $65-72 can be noted as balanced in the prism of risk management.
Do you believe that the #Litecoin price will start growing this year?
The price might move downwardThe trend of Litecoin is upward, consistently forming ascending patterns and gradually increasing.
A large ascending channel has been identified, and Litecoin continues its upward movement within this channel.
One key scenario involves the potential breakout of this channel. If Litecoin exits the channel and then pulls back to it, the price might move downward.
LTCUSDT Elliott wave countLitecoin bullish sequence in 5 waves, wave ((i)) started from 40.29 low to 115.05 high favors more upside.
Wave ((ii)) pullback ended 55.00 low.
Leading diagonal started from 55.00 low to 113.00 high for wave (i) of ((iii)) followed by a pullback started from 113.00 high to 67.28 low, a complex correction for wave (ii).
Above 67.28 we are looking to the upside for wave (iii) of higher degree wave ((iii)).
Clearing 89.67 will add more confidence that wave (iii) is unfolding.
Possible target for wave (iii)) 200 - 215.