Pre halving potential ROI for LITECOIN Today, I wanted to show similarities between the last halving and this one.
If we were to get the same ROI that we saw in 2015 and 2019, that we saw 6 months leading up to the halving, we could see a 200-300 LTC by the next halving 8-2023.
We closed above the POC, momentum is moving up.
The only thing I do not see yet is volume coming in.
I also do not know what LTC will do if BTC keeps tanking.
Let me know what you guys think and please like, comment and follow!
Thanks and God bless.
LTCUSDT
💲Litecoin Heading For $85💲💲Litecoin Heading For $85
💲Litecoin, in my opinion, has really strong potential for growth in the coming weeks.
💲Comparing it to other cryptocurrencies, it stands out very positively.
💲The technical environment is very supportive of the upward perspective.
💲In my opinion, we are facing the next wave of growth on Litecoin.
💲The support zone is located around the fibo level of 0.5 of the entire upward wave from the bottom to the current peak.
💲I set the resistance zone near the recent peaks.
💲The scenario I am playing out is the start and continuation of a new upward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
LTC SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LTC - Recent growth was a fake breakout!The price movement in the daily time frame shows that the price has returned below the resistance level of 73.90-70.20.
Therefore, we can conclude that the recent growth was a fake breakout.
The failure of $63.36 confirms the possibility of continuing the downward trend and the expectation for the continuation of the decline to the previous support range of $51 - $47.
Litecoin forecast in next few days!#LTCUSDT
After a 5 waves of Elliot we can see the other pack has been created and it’s almost completed the 4th wave. To calculate the PRZ of wave IV we have Extension wave 4 in 161.8 fib and Expansion level of 100 of fib. In the other hand we can see the PRZ overlap with the PRZ of a Shark Harmonic Pattern in here.
In order to make a decision, I’ll be waiting until the Pivot 4 hr has been broken down and the direction of trend become downward to execute the trade. My target is 52.99 and 47.12 as a main support area of the coin.
#Litecoin in a Bullish Breakout Formation, Will $65 Hold?Past Performance of Litecoin
Litecoin is relatively solid when writing. Despite the contraction after what promised to be a welcomed reversal after months of lower lows, there could still be hope for bulls. At spot rates, LTC price action could be completing a retest after springing 60 percent from June 2022 lows.
#Litecoin Technical Analysis
The bullish breakout above August highs (now support) at $65 in late November 2022 is valid. LTC more than doubled from November lows, peaking at $85 in early December before contracting to $65. This line flashes with August 2022 highs. Accordingly, LTC has completed the second phase of a breakout. If LTC bulls hold above $65, prices may rally back to $85 in a bullish continuation formation. Before then, traders can place triggers at around $70 before redoubling the accumulation. Conversely, losses below $60 invalidate this forecast.
What to Expect from #LTC?
Litecoin prices are trending at a critical level. A valid retest from $65 means LTC must expand above $70, confirming gains on December 20. If not, losses below this week's lows will cancel the bullish preview.
Resistance level to watch out for: $70
Support level to watch out for: $60
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTC: Pullback in UptrendLitecoin (LTC) technical analysis:
Trade setup : Bearish RSI divergence signaled that price could not hold above $75 key level and pulled back near $60 support and 200-day MA, which could be a swing entry opportunity. Price remains in an Uptrend.
Pattern : Bearish RSI divergence occurs when a coin makes a new high in price but the RSI does not make a corresponding new high value. In other words, a bearish divergence forms when a coin price records a higher high and RSI forms a lower high. RSI does not confirm the new high and this shows weakening momentum.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $60 (previous resistance), then $50. The nearest Resistance Zone is $75, then $100.
LTCUSDT 1D Interval - Resistance and SupportI invite you to review the LTC to USDT chart on the 4H time frame. At the beginning, let's mark the uptrend channel in which the LTC is moving, but what we can see locally is below the downtrend line.
As we can see the first support is at $61.91, if the support is broken then the next support is at $55.69 and $47.60.
Looking the other way, we see that the first resistance is at $67.14, if it manages to break out, the second resistance is at $70.54 and $73.33, then the price has to go through the strong resistance zone from $76.10 to $80.09, only when the price breaks out and tests it positively, it will be able to continue growing.
As we can see, the volume indicates a definite advantage on the part of the sellers, what's more, on the CHOP index we see that there is a lot of energy, adding to this the RSI indicator, which shows a small rebound, we can see a deepening of the correction around the lower part of the channel.
LTC: Pullback in UptrendLitecoin (LTC) technical analysis:
Trade setup : Bearish RSI divergence made us cautious and indeed price could not hold above $75 key level. Price remains in an Uptrend and pullback near $60 support and 200-day MA could be a swing entry opportunity.
Pattern : Bearish RSI divergence occurs when a coin makes a new high in price but the RSI does not make a corresponding new high value. In other words, a bearish divergence forms when a coin price records a higher high and RSI forms a lower high. RSI does not confirm the new high and this shows weakening momentum.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $60 (previous resistance), then $50. The nearest Resistance Zone is $75, then $100.
LTC SHORT AND LONG SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT and buy/long the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
💲Litecoin Declines To Strong Support Zone💲💲Litecoin Declines To Strong Support Zone
💲Litecoin has been falling quite rapidly in recent days.
💲All thanks to the correction that is taking place on the main US S&P500 index
💲The entire crypto market has taken a hit along with this decline.
💲It looks like Litecoin still has some strength left to fall.
💲Ahead of us near the $57 price level is the 0.618 fibo level of the entire upward wave from the bottom to the current peak.
💲I have set a support zone there, which I expect to be captured over the next few days.
💲The scenario I'm playing out is a continuation of the decline to the support zone where I'll be watching closely to see how the price will react, waiting for the next upward wave. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
LTCUSDT bullish signal.Hello Birdies,
So LTC is reaching at strong support making it a double bottom and our fib-arch gives us the pivot point and fractal to give more confluence to our entry setup.
So the entry setup is either at 55.38 or 50.41 both have equal chances.
There is an imbalance at 85-91 range which make. it our TP1 and TP2 is at where fractal pointing 11x. range.
Thanks for watching
The Silver Narrative Goblin Capital presents you another OG coin that is about to rip.
The 'Goblin Algoritme' indicates that OG coins are about to pump into oblivion.
In addition, I expect the ancient narrative (Bitcoin = Gold, Litecoin = Silver) to pick up soon.
If you look at historic price action (PA), accelerations basically go vertical with not much time to hop on the train.
Therefore, I don't mind being in a little too early. What matters to me is that I am in.
Soon (our) Goblin Capital fund will go live on Iconomi. Stay tun ed!
LTCUSDT 1HLTC Needs buying force to break through this bearish channel formed in the 1 hour, which won't be difficult because in addition to being a bullish asset, its RSI is showing exhaustion of selling forces.
LTC has just licked the lower edge of the keltner channel, giving an excellent entry point in the 68.40 region. If the NAsdaq continues falling it could see a pullback to 66.82. Follow the supports and resistances, in the 1h time
S: 66.69/ 64.32
R: 71.32 / 73.97