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LTCUSD

Litecoin LTC - A new bull market started! | Elliott Wave Great news for all Litecoin hodlers and traders! As per my technical analysis, this downtrend established in 2018 has finally finished! This is the LTCBTC pair on the weekly timeframe. It means that it would be better to hold LTC instead of BTC. But there is no guarantee of the USDT value of your holdings. Regarding my Elliott Wave analysis, a major impulse wave has been completed, and now I expect at least a retracement to the upside. Also, we can spot very nice local inverse head and shoulders and falling wedge patterns that are very close to a breakout! The falling wedge has been destroyed by the bulls successfully, and now we are waiting for the head and shoulders pattern. The last weekly candle of the downtrend is an extremely strong bullish engulfing candle, which is absolutely great to see! The BTC.D Dominance chart confirms this analysis (I will post the BTC.D technical analysis probably next week). For more analysis, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
39
LTC weekly time frameLitecoin looks like it has potential for an amazing swing trade opportunity. Let’s take a look. On the weekly time frame we have the over head and lower trend lines with 2 touch points each. We have our yellow large time frame fib and our white shorter time frame fib. Lastly we have our red box of resistance which was drawn on the monthly time frame which has acted as both resistance and support in the past. LTC looks awfully bottomed out and would expect the red box of resistance to be retested which also lines up with the yellow .236 fib level around 125-130. From current price to 125 is a beautiful risk to reward setup. But LTC has many hurdles to over come and if we don’t blow through 125/130 levels then I’d expect that area to be a area to get a big rejection. Trade with caution traders. All eyes are on big brother BITCOIN. What’s everyone think?
COINBASE:LTCUSDLong
by crytobullmike
1
LTC: If we rally we sell!Litecoin Intraday - We look to Sell at 57.86 (stop at 60.24) The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Bespoke resistance is located at 58.00. Resistance could prove difficult to breakdown. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 52.14 and 50.00 Resistance: 58.00 / 66.00 / 80.00 Support: 52.00 / 44.00 / 20.0 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:LTCUSDShort
by VantageMarkets
1
Litecoin: Upcoming Price ActionHello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD). The Litecoin chart is on a weekly basis to show the life cycle of Litecoin on this chart. Price was around $200 in December 2021 when I started sharing my concerns with the crypto market. I hope you took that advice seriously at that time, as Litecoin is now around $50-$55! The current price has broken below the S/R 1 line with potential to test S/R 2 line. Fibonacci Retracement shows the Golden Ratio (1.618) around the lowest level of support (see chart). On the positive side the Litecoin price has potential to resemble a prior cycle pattern move which could push the price higher. I don't want to get too excited yet as the Volume is decreasing however MFI seems to be moving higher. RSI has the chance to move back up to test the S/R line. Read the chart carefully as there are a lot of notes on the chart. Lastly, this is the weekly chart so have patience! Included: Fibonacci Retracement, RSI, MFI, Ichimoku Cloud, and 200 SMA, Volume, Volume Profile (VPVR). If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
KRAKEN:LTCUSD
by MillionaireEconomics
2
#Litecoin Bulls Firm but Capped below $58 and the 20-day MAPast Performance of Litecoin Litecoin is surprisingly firm, gauged from its performance in the daily chart. After steep losses at the tail end of last week, Litecoin bulls flew back, propelling the coin higher over the weekend. Presently, LTC is in the green territory in the past 24 hours and looks likely to reverse the losses of August 26. #Litecoin Technical Analysis LTC is up roughly seven percent from 2022 lows and in green in the past 24 hours. Even so, the coin is within a bearish breakout formation and trading below the flexible resistance line marked by the 20-day moving average. Immediate trigger lines are at $58 and $60, at around the August 19 high. On the lower end, dips below last week's lows at $51 may see LTC post more losses. Risk-aggressive traders may unload on every attempt higher with sights set at $50, or lower, as they trade with the primary trend. On the reverse side, conservative traders may wait for a clean drop, preferably with rising trading volumes, below $50, targeting 2022 lows at $40. What to Expect from #LTC? The coin is firm at spot rates. Depending on how prices react in the immediate term, August 26 losses may turn to be climactic if prices edge higher, breaking above $60 with expanding volumes. Conversely, Litecoin may swing back to trend if there are sharp losses, diffusing the bullish momentum posted over the weekend. Resistance level to watch out for: $58 Support level to watch out for: $51 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
Litecoin looking brighterLitecoin Intraday We look to Buy at 56.26 (stop at 55.05) Daily signals are mildly bullish. 56.00 continues to hold back the bears. We look for a temporary move lower. Prices expected to stall near trend line support. Further upside is expected although we prefer to set longs at our bespoke support levels at 56.00, resulting in improved risk/reward. Our profit targets will be 59.00 and 60.00 Resistance: 59.00 / 64.00 / 96.00 Support: 56.00 / 44.00 / 28.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LLong
by Saxo
Jamie Gun2Head - Selling LitecoinTrade Idea: Selling Litecoin Reasoning: At key 50 day and 50 4 hour moving average - looking for sellers to win the fight Entry Level: 57.05 Take Profit Level: 52.88 Stop Loss: 58.06 Risk/Reward: 4.13:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading . The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
COINBASE:LTCUSDShort
by Signal_Centre