Litecoin LTC Will Surprise You!Hello, Skyrexians!
According to your activity we can see that you are interested in old altcoins. We have already considered DOGE and XRP, today it's time for COINBASE:LTCUSD . In our opinion Litecoin can show the best performance in this bull market.
Let's take a look at the weekly time frame. We can see that bull run in 2017 was the global impulsive wave 1. After that price is going sideways for 7 years! We assume that this is global wave 2 in shape of flat correction which has the clear ABC structure. This wave has been finished inside the 0.61 Fibonacci retracement level.
Current price action looks like pre-pump formation. We can see that Bullish/Bearish Reversal Bar Indicator printed the green dot recently. As you can see in the past this is very strong signal which will likely lead to a great uptrend. This uptrend is going to be global wave 3 which has the targets between 1.61 and 2.61 Fibonacci levels at $740 and $1200.
Best regards,
Skyrexio Team
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LTCUSDT
LTC | ALTCOINS | BIG Gainer OR Sinking Ship?LTC has been on my watchlist for many, many months - much to my annoyance.
Compared to other altcoins such as DOGE, LTC is just not growing, and hasn't been for the better part of two years as it is unable to breakout above $110.
This we see evidently when we pull up the DOGE chart in comparison, and the BTC chart to really get an idea of just how bullish we are - a sentiment that is just not showing p on the LTC chart.
WHEN the TOTAL3 peaks out above BTC , altcoins would have completed their runs. (More on that subject here):
We're still some time away from this; meaning that there is still hope for LTC. However, IF LTC can't move PAST these resistance zones I'd have to just face the facts and put it in the same boat as XRP and ADA.
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BINANCE:LTCUSDT BINANCE:LTCBTC
#LTC/USDT#LTC
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 67.70
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 72.00
The first target is 80.50
The second goal is 88.54
Third goal 99.01
Litecoin (LTCUSDT): 350% Profit DONE!The 4-hour Litecoin chart demonstrates a flawless long trade setup, with all targets smashed and traders pocketing 350% gains on leveraged positions. This trade proves yet again the power of precision technical setups.
Trade Highlights:
Entry Price: $69.68
Stop Loss: $67.04 (minimal risk exposure)
Profit Targets:
TP1: $72.95 ✅
TP2: $78.25 ✅
TP3: $83.54 ✅
TP4: $86.81 ✅
Observations:
Strong Momentum: Litecoin showed consistent upward movement, confirming a strong trend supported by market sentiment.
Indicator Alignment: The trade was signaled by the Risological Swing Trader, ensuring a high-confidence entry with clear targets.
Leverage Efficiency: At 10x leverage, this trade generated an astonishing 350% return on investment, making it a significant win for LTC bulls.
Market Outlook:
Litecoin's breakout performance underscores its bullish potential. While profit-taking at this level is advised, the upward trajectory hints at further opportunities ahead.
Congratulations to all who capitalized on this spectacular trade! 🚀
LTC thesis with RAG AI by Titan_KarmaGiven the current market conditions for LTC, there is a favorable opportunity to consider entering a LONG position. The recent news surrounding regulatory changes positively impacting altcoins, along with the bullish sentiment reflected in the financial analysis, suggests a potential upward movement for LTC. The price of LTCUSDT is currently at $89.74, with a significant trading volume of approximately 1.78 million, indicating strong market interest.
The technical analysis indicates a strong bullish trend, particularly on the daily timeframe where the RSI is above 70, suggesting overbought conditions. However, caution is warranted as the price approaches the upper Bollinger Band and resistance levels. The short-term indicators (1h and 15m) suggest a potential consolidation phase, which may lead to a pullback. Therefore, it is essential to monitor price action closely around the resistance levels and consider setting stop-loss orders to protect gains.
Incorporating real-time data from Coinglass, the open interest and funding rates indicate a bullish sentiment, which aligns with the current market dynamics. The long-short ratio consistently above 0.6 further supports the decision to consider a LONG position.
coinglass_data: The latest open interest for LTC shows a steady increase, indicating growing confidence among traders. The weighted funding rate remains positive, suggesting that long positions are favored. Liquidation levels are currently stable, providing a conducive environment for potential upward movement.
binance_data: The order book dynamics reveal significant buy walls at key support levels, which could act as a buffer against downward price movements. The price action signals indicate a bullish momentum, with candlestick patterns suggesting potential breakouts.
coinmarketcap_data: The volume data over the last 24 hours shows a healthy trading activity, with a liquidity score indicating strong market depth. The market cap of LTC has seen a positive change, reinforcing the bullish outlook.
sentiment: Current market sentiment analysis from Augmento.ai shows a predominantly positive sentiment towards LTC, with many traders expressing optimism about the upcoming price movements.
cryptocompare_data: The latest news and social media sentiment indicate a growing interest in LTC, particularly in light of recent developments in the cryptocurrency space.
Technical Analysis: The indicators suggest a strong bullish trend, but caution is advised due to overbought conditions. The RSI is currently at 61.37 on the 1-hour chart, indicating buying momentum, while the MACD shows a bullish crossover. The price is above the 50-period moving average, reinforcing the bullish outlook.
The top 3 BTC pairs exhibiting strong performance today include BTC/ETH, BTC/XRP, and BTC/LTC, which may provide correlated trend analysis for LTC.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$87.50", "TAKE_PROFIT": "$92.00", "CONFIDENCE_LEVEL": "85%", "EXIT_POINT": "$90.00", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "above 50", "MACD": "Bullish crossover", "MA20": "Price position above", "ATR": "Moderate volatility", "Bollinger_Bands": "Price approaching upper band", "Stochastic_Oscillator": "Condition indicates potential pullback", "News_Impact": "Positive", "Historical_Data": "Resistance around $90.00" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
#LTC/USDT#LTC
The price has broken the descending channel on the 12-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 60
Entry price 65
First target 71
Second target 77
Third target 83
SasanSeifi|$85 Breakout Could Propel LTC to $100 and Beyond!Hey there, ✌I In the weekly timeframe, Litecoin’s price, after a period of consolidation around the $84 level, encountered a bearish trend and corrected down to the $50 range.
As you can see, the price has once again moved towards the important resistance zone and the descending trendline. Currently, it is trading at around $78. If the price breaks the key resistance at $85 and stabilizes above it, the likelihood of further upward movement increases. In this scenario, potential price targets could be $100 and $127. The important weekly support between $65 and $60. Given the overall market conditions, the probability of breaking through the resistance level seems high. Note that this chart is presented in a logarithmic scale.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
LTC/USD "Lite Coin" Bank Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist LTC/USD "Lite Coin" Bank 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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
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Warning : Fundamental Analysis news 📰 🗞️ 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.
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LTCUSDT Long Setup Setting / Risky but Why not?BINANCE:LTCUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone: 68.45-66.76
⚡️TP:
69.43
70.50
71.90
🔴SL:
64.89
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
LTC is duplicating BTC's pre surge DNA based on MONTHLY metrics.FOCUS ON LTC.
A theoretical and technical analysis of these two major coins price movements.
LTC's recent monthly price metrics is reminiscent of BTC's September 2023 movements before it shot up from 20k to 40k. As we speak, it is following the DNA of that certain movement. We are now at the critical heat point for that X2 surge.
BTC post surge price touched 38.2 fib trend levels with precision at 40k from its 20k++ base range. A similar scenario for LTC will likely play out. A 38.2 fib trend level would mean a 150 price valuation after a break in structure. We are now at that crosspoint.
Spotted at 70.0
Conclusion: If you're late with the BTC bull party, LTC will now be your ultimate friend.
TAYOR.
Safeguard funds always
Litecoin Bulls in Action! Is $80 Coming Soon?
📈 Litecoin Bulls in Action! 🚀 Is $80 Coming Soon?
🔥 **Litecoin** is sitting in a strong **demand zone** around $70 and looks ready for a breakout! With the first target set at **$79.36**, we could see a major move soon.
💪 RSI is recovering, and momentum is shifting to bullish—this could be the perfect time to watch LTC closely! Eyes on that $80 mark! 👀
⚠️ Don’t miss the ride, but stay cautious around volatility! Key support at $70.
#Litecoin #LTC #Crypto #LTCPrice #CryptoTrading #CryptoNews #Bullish #Trading #Breakout
1. Price Action:
- Litecoin is trading around $71.04 at the moment.
- There’s a clear demand zone marked around $70.05, indicating a strong support area where buying pressure could increase.
- A first target is highlighted near $79.36, suggesting an expected upward movement toward this level.
2. Momentum Indicators:
- The RSI (Relative Strength Index) indicates a possible upward momentum, as the price has started to recover from a lower region.
- The chart labels various HL (Higher Low) and LL (Lower Low) points, indicating the price structure. After a series of lower lows, the price seems to be recovering.
- Bullish Momentum: The momentum indicators at the bottom of the chart show that the current phase is bullish, as seen with the "Bull" labels.
3. Technical Patterns:
- The price is near the lower boundary (support zone), which suggests that Litecoin could be poised for a bounce upward toward the target zone of $79.36.
Litecoin (LTC)Litecoin price today is $81 with a 24 hour trading volume of 920 million dollar. LTC price is up 7.0% in the last 24 hours
Litecoin is a peer2peer cryptocurrency created by Charlie Lee, a man who take advantage of working on first crypto exchanges aka Coinbase and dump most of his coins on first days of listing, became millionaire and quit his job! so technically LTC is just a simple fork of BTC
50-60 is a dip for ltc and good time to load some coins and 95-110$ is an important time for bulls and time to take good profit as well
Never FOMO on LTC and be ready for rejection and pullback at blue line level
#LTCUSDT #1D (ByBit) Ascending wedge breakdown and retestLitecoin lost 100EMA acting as resistance now and is pulling back towards it, more retracement down seems likely on daily.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.0%
Current Price:
64.32
Entry Targets:
1) 65.78
Take-Profit Targets:
1) 55.34
Stop Targets:
1) 71.01
Published By: @Zblaba
CRYPTOCAP:LTC BYBIT:LTCUSDT.P #Litecoin #PoW litecoin.org
Risk/Reward= 1:2.0
Expected Profit= +79.4%
Possible Loss= -39.8%
Estimated Gaintime= 1 month
SasanSeifi|Will It Break Resistance or Test Lower Supports?Hey there, ✌ On the weekly timeframe, BINANCE:LTCUSDT price movement, after ranging around $84, faced a downward trend and corrected to the $50 level. Currently, the price is trading in a range around $63 with limited fluctuations.
In the long-term weekly timeframe, key support levels for Litecoin are at $50 and $42. To continue the upward trend, it’s essential for the price to break the critical resistance at $85 and hold above it. If this resistance is broken, the likelihood of further price growth increases.
For a clearer understanding of the price movement, it’s crucial to closely monitor Litecoin’s reaction to the $70 to $85 range. If the price fails to sustain above these levels, we may see a correction and a potential return to the major support zones.
🔶The chart is in logarithmic scale.
This analysis reflects my personal view and is not financial advice. If you found this helpful, feel free to like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Litecoin - LTC Free Fall to $60 ??Although Litecoin did not make the Top Altcoins for 2024 list - it is an old timer. And by this, I basically mean that it can (and will) still be traded.
From the 4h, we see some beautiful swings that can be very profitable trades, with the right entry points.
It seems the entire market is turning down following BTC. This however, could result in some good entry points and lower buying orders being filled. Getting in at the RIGHT price is one of Warren Buffet's key investment strategies. Find out more on that, here:
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BINANCE:LTCUSDT
LTC ANALYSIS (4H)LTC appears to be within a large corrective pattern such as a diametric or an expanding triangle.
If we look at LTC in more detail and refer to the hourly time frames, we see two liquidity pools at the top and bottom of the chart (which we denote by $$$).
The best range for the sell/short position is the red range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
LTCUSDT Breaks Resistance with Volume Surge: Is $100 Next?LTCUSDT has decisively broken through resistance with impressive trading volume, signaling a potential surge in the coming days. With momentum building, can LTC surpass its previous highs? The outlook is positive, and we're anticipating a move towards $100 soon.
Currently, it's facing minor resistance at the 200 EMA. Keep an eye on market trends and adjust your strategies accordingly, as this coin shows strong potential for upward movement!
LTCUSDT Currently trading at $70
Buy level: Above $69
Stop loss: Below $59
TP1: $76
TP2: $85
TP3: $100
TP4: $112
Max Leverage 3x
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#LTCUSDT #4h (ByBit) Broadening wedge breakout & retestLitecoin pulled back to 50MA support where a bounce seems likely, eventually leading to a bullish continuation.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (7.0X)
Amount: 4.8%
Current Price:
72.06
Entry Targets:
1) 71.83
Take-Profit Targets:
1) 80.39
Stop Targets:
1) 67.54
Published By: @Zblaba
CRYPTOCAP:LTC BYBIT:LTCUSDT.P #4h #Litecoin #PoW litecoin.org
Risk/Reward= 1:2.0
Expected Profit= +83.4%
Possible Loss= -41.8%
Estimated Gaintime= 5-10 days