LTCUSDT
Litecoin to breakdown?Litecoin - 24h expiry - We look to Sell a break of 84.98 (stop at 88.08)
Broken out of the triangle formation to the downside.
Trading has been mixed and volatile.
Daily momentum has stalled and our bias is now neutral.
A break of the recent low at 85.33 should result in a further move lower.
85.33 has been pivotal.
Our profit targets will be 77.48 and 76.48
Resistance: 90.00 / 93.00 / 94.50
Support: 89.00 / 87.50 / 85.30
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.
#Litecoin Remains in a Bullish Frame, LTC May Rally To $120Past Performance of Litecoin
Litecoin remains bullish, looking at the performance in the daily chart. Even though the immediate trend favors sellers, prices are defined by the bull bar of March 23. Buyers have the upper hand from an effort versus result perspective. Still, for uptrend confirmation, LTC must break above $95 and, ideally, $120.
#Litecoin Technical Analysis
From the daily chart, buyers are confident of what lies ahead. There are lower lows relative to the upper BB, signaling fizzling upward momentum. Still, with prices inside the bull bar of March 23, buyers have a chance. This is valid as long as prices are above $85. A break above $95 with rising volumes may see LTC float toward $100 and $120. Conversely, any dip below $85, forcing prices below the anchor bar, might see LTC drop to $75 and later March 2023 lows in a retracement, aligning with bears of the second half of February.
What to Expect from #LTC?
Traders can wait for trend definition above $95. Although there have been higher highs in recent days, prices have been in consolidation. Therefore, any break above $95 might be the beginning of another leg up toward $120, cementing the bulls of March 23.
Resistance level to watch out for: $95
Support level to watch out for: $85
Disclaimer: Opinions expressed are not investment advice. Do your research.
#LTCUSD- APPROACHING PREMIUM AREA TO SELL Happy Weekend, Prices of the crypto has been bullish since we have got to know about USA BANKING CRISIS making DXY and other currencies vulnerable therefore for shorter term we would be expecting price to continue rising until it reach out area of reversal where we can sell for swing entry.
Litecoin LTC price is preparing to plunge by -25-30%, where buy?Historically, when a global growth trend emerges, Litecoin is ahead of the "train" and sets the pace.
We described this in more detail, with graphs and comparisons, in our previous idea here:
If we look at the LTCUSDT chart, we will notice that while almost the entire market was still growing well in the previous weeks, the LTC price stopped before an important level.
Therefore, our assumption is that in the near future, LTCUSD may begin a significant downward correction, and the entire crypto market may follow it.
For us, the ideal zone for buying LTC long for a medium- to long-term investment is the same trading range of $65-73.
If we look at the chart of the LTCBTC pair, we will see that the price broke through the trend line at the end of 2022, which finally ended the protracted downward trend.
However, the LTCBTC price is currently in consolidation and a downward correction of 15-25% is quite realistic. Therefore, there is no need to rush to buy longs at current prices; it is safer for your deposit to wait and see how the current situation will be resolved.
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LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Litecoin (LTC) has been one of Thursday’s biggest gainers, as prices rose by as much as 13% in today’s session.
LTC/USD raced to an intraday high of $91.70 in today’s session, a day after falling to a low of $79.95.
As a result of the move, LTC climbed to its strongest point since March 3, when the token reached a peak of $95.49.
Overall, the move has pushed the 10-day (red) moving average closer to an upwards crossover with the 25-day (blue) moving average.
Although some will be anticipating a cross, there appears to be a hurdle in place, which comes in the form of a ceiling on the relative strength index (RSI).
At the time of writing, the index is tracking at 55.35, which is marginally below the aforementioned resistance zone of 56.00.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
LTC: Resistance BreakoutLitecoin (LTC) technical analysis:
Trade setup : Price broke back above $90 resistance to resume Uptrend, with upside potential to next resistance zone of $100-105. (set a price alert).
Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $80 (previous resistance), then $70. The nearest Resistance Zone is $90, which it broke, then $100.
✴️ Litecoin As A Leading Indicator (75% Potential Then More)Litecoin is hitting a new daily high after the correction ended and the chart is now strongly bullish.
The volume is great, the MACD is flashing a very strong signal together with the RSI.
This is no surprise to you and me but it is good to point it out.
You can expect a very similar behaviour for Bitcoin and the rest of the Cryptocurrency market.
✔️ Just higher highs leading to higher lows followed by higher highs.
Notice that the correction ended 11-March and this is true for the entire market basically.
Most of the Crypto pairs bottomed 9-13 March.
Some are a bit behind others more advanced but end result is the same.
Corrections and retraces can be used as an opportunity to buy-up, buy-in, rebuy and reload to benefit from the following wave.
There is a strong hidden bullish divergence with both the MACD and RSI, which gives further strength to a higher high next.
✔️ When you consider that Litecoin has been growing for more than 9 months, since June 2022, it is hard to understand how some people still think that we are in a bearish trend.
A bearish trend means lower highs and lower lows...
This is not the case here, prices continue to go up.
We are no longer "early" as I continued to repeat just two months ago.
We are now half-way through but there is still plenty of opportunities available for those ready to take the jump.
This is not financial advice.
Namaste.
LTCUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower (im in pos from 77.3)
Targets: 105 - 115 - 125
after first target reached move ur stop to breakeven
Stop: ~65 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
#Litecoin Trends Higher, LTC Resistance at $90Past Performance of Litecoin
Litecoin remains firm at spot rates. Even though bulls failed to follow through and push the coin above the current consolidation, the uptrend remains, considering their push yesterday. The immediate resistance remains at $90, marking the top of the current expanding wedge.
#Litecoin Technical Analysis
Despite recent gains, bulls must edge above $90 for a trend continuation. Should that be the case, buyers will confirm yesterday's gains, setting the pace for another leg up toward $100. This will be a massive development for optimistic buyers who need to shake off bears and steer away from solid support at $75 following losses of early March. In that case, conservative bulls can wait for a clear definition in the immediate term, aware that gains above $90 might see LTC float to $100. Conversely, a sell-off below $75 might force liquidation back to December 2022 lows at around $60.
What to Expect From #LTC?
The direct correlation between Bitcoin and Litecoin might negatively impact LTC in the short term. This is because BTC is already under pressure and cooling off. Still, how prices react at $90 will shape the immediate to medium-term trajectory of the Bitcoin silver.
Resistance level to watch out for: $90
Support level to watch out for: $75
Disclaimer: Opinions expressed are not investment advice. Do your research.
Litecoin road to $1000+ 3rd halvening coming soon!the third halvening is expected to occur around July-August !
What is the litecoin halvening?
-Litecoin halving, also known as Litecoin halvening, is an event that occurs every 840,000 blocks on the Litecoin blockchain. During this event, the block reward that miners receive for verifying transactions on the Litecoin network is reduced by half. This means that the amount of new Litecoin entering circulation decreases, which can potentially impact the supply and demand dynamics of the cryptocurrency.
-The first Litecoin halving occurred on August 25, 2015, when the block reward was reduced from 50 LTC to 25 LTC. The second halving occurred on August 5, 2019, when the block reward was reduced from 25 LTC to 12.5 LTC. The next halving is expected to occur in 2023, when the block reward will be reduced from 12.5 LTC to 6.25 LTC.
-Litecoin halving is often compared to Bitcoin halving, as both events follow a similar mechanism. The purpose of halving is to control inflation and ensure that the cryptocurrency maintains its scarcity over time. By reducing the amount of new Litecoin entering circulation, halving can potentially increase the value of Litecoin in the long term. However, it's important to note that the impact of halving on the price of Litecoin is not guaranteed, as it depends on various market factors and investor sentiment.
Litecoin in symetrical triangle.Litecoin - 16h expiry - We look to Buy at 78.71 (stop at 75.71)
Price continues to trade within the triangle formation.
Trend line support is located at 78.70.
We look to buy dips.
Expect trading to remain mixed and volatile.
Daily momentum has stalled and our bias is neutral.
Our profit targets will be 85.91 and 86.91
Resistance: 82.00 / 83.28 / 86.00
Support: 79.71 / 78.50 / 76.76
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.