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LTCUSDT

#Litecoin in a breakout, Rallies 67% from November lows Past Performance of Litecoin Litecoin remains within a bullish breakout formation, doubling in the past six months. The coin is within a breakout formation at spot rates, clearing critical resistance levels. Accordingly, buyers have re-established themselves, setting the base for a possible recovery. #Litecoin Technical Analysis At spot rates, LTC is up 67 percent from November lows, reversing losses of early November 2022. Because of this, buyers have the upper hand. Subsequently, every low above $70, flashing with November highs, presents a loading opportunity for aggressive traders. This bullish preview holds considering the failure of sellers to push back prices, reversing gains made thus far. Besides, the upside momentum has resumed after waning in late November. From this setup, LTC bulls appear to set their eyes at $100, a psychological reaction level. What to Expect from #LTC? There are fundamental factors behind the revival, a welcomed move after losses in 2022. The immediate support is at $70. If bulls sustain this level, LTC may post more upsides in the short term. Resistance level to watch out for: $100 Support level to watch out for: $70 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
1
Litecoin Still Trades Above EMA10 | $100+ Still Possible As ...After 9 days of a new high being hit, Litecoin (LTCUSD) still trades above EMA10. This is a possitive signal. This signal is telling us that Litecoin is strong and undergoing bullish consolidation. On a stronger correction, the 0.618 Fib. level can be tested at $68 or the 0.786 at $73. If Litecoin continue showing this type of strength, it can resume its bullish move in a matter of days. Even with a major correction (blue arrow), Litecoin would still remain bullish while aiming for a new high at $100+. Namaste.
Long
by AlanSantana
LTC/USDT LONG SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this LTC/USDT trade update. LTC looks good here. Breaks out from the symmetrical triangle in LTF. Expecting a 15-20% pump from here. Entry range:- $76-$77 Target1:- $80 Target2:- $84 Target3:- $88 Target4:- $94 SL:- $73.4 Leverage:- 5x-10x Long some now and add more in the dip. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
18
Litecoin Long-Term Analysis (277% Potential Mid-Term)Do you remember the Dogecoin weekly analysis I shared recently? It is a long-term analysis and I mention it because we have something similar here. Notice the falling wedge/downtrend on the LTCUSDT chart. This downtrend bottomed in June 2022 and then Litecoin enters a consolidation phase. Exactly what we saw with Dogecoin... After the consolidation phase comes the bullish breakout. The bullish action seem now on the LTCUSDT chart is only the beginning, there is so much more to come. We prepare now, forget the past. Forget any mistakes, learn from them. Money lost is money gone. The market will provide many opportunities. We can take advantage of those. When the market is in a bearish cycle our capital dwindles. When the market enters its bullish phase our capital grows. In the near future, the question won't be about bearish or bullish, it will be about maximum profits, making the best decisions and planning is the best tool we have for optimum results. Plan ahead my friend. Start thinking of your strategy yesterday, even before today. It has been a strong and long bear-market, we will have a massive bullish market next. When you see lots of panic, disbelief, depresion and bad news all across... You know the bottom is already in, if not in very close When you see pictures of rocks selling for millions of dollars, you know we've reached the top. I'll be here sharing the charts for you. I hope you can bless me with your continued support. Namaste.
Long
by AlanSantana
1