Get started

Ltcusdtlong

Litecoin will outperform BTC by a LOTLitecoin (LTC) has officially entered a bull market relative to Bitcoin (BTC), marking a significant shift that began approximately one year ago. This analysis explores the key indicators and fundamental strengths that underline Litecoin's promising position in the cryptocurrency landscape. Technical Analysis: A clear bullish divergence has been identified on the weekly (1W) chart, and this pattern is also observable on the monthly (1M) chart, signaling a robust upward momentum. Such technical patterns underscore a sustained buyer interest and a potential for continued appreciation against BTC. Fundamental Strengths of Litecoin: Longevity and Stability: Litecoin has successfully operated for over a decade, showcasing remarkable resilience in the highly volatile crypto market. Historical Significance: It is the second oldest cryptocurrency, preceded only by Namecoin, highlighting its pioneering role in the sector. Influence on Other Cryptocurrencies: Litecoin's technology facilitated the creation of Dogecoin, demonstrating its impact and versatility. Widespread Adoption: Litecoin is not only listed on the majority of cryptocurrency exchanges but also featured prominently on all major platforms, enhancing its accessibility and liquidity. Visibility and Engagement: Searching for 'Litecoin' on Google or ' CRYPTOCAP:LTC ' on Twitter immediately displays the price graph, reflecting a high level of public interest and engagement. Institutional Interest: Notable investment activities by entities such as Grayscale indicate strong institutional confidence in Litecoin's potential. Investment Perspective: While neither Litecoin nor Bitcoin may represent the forefront of innovation in the current crypto era, both are likely to persist and maintain relevance due to their foundational roles in the industry. The long-standing track record and continuous investor interest suggest a stable future. Trading Goals and Strategy: The ultimate target for LTC/BTC is a fifteen-fold increase from the current levels, as indicated by the key resistance lines plotted on the charts. Investors are advised to consider holding their positions until reaching the previous all-time high (ATH) before making any decisions to sell or adjust their holdings. Conclusion: Litecoin's established history, combined with solid technical indicators and growing institutional interest, crafts a compelling case for its bullish potential against Bitcoin. As always, traders should monitor market conditions closely and adjust their strategies accordingly.
Long
by alfra
LTC/USDT Harmonic Pattern Analysis for Profit PotentialOverview: LTC/USDT has exhibited the formation of an XABCD harmonic pattern, coinciding with price action reaching a critical support level. This convergence suggests a potential bullish reversal from point D, presenting a favorable opportunity for traders to capitalize on the anticipated upward movement. Entry Strategy: We recommend entering a long position near 97.8739, strategically positioning ourselves to benefit from the anticipated bullish momentum. Stop Loss Placement: To mitigate potential downside risk, it is advisable to place a stop loss order near 92.028411. This level serves as a safeguard against adverse price fluctuations, preserving capital in the event of an unexpected market downturn. Take Profit Targets: Our analysis identifies multiple profit-taking opportunities to optimize returns: - TP-1: 102.8740 - TP-2: 108.2745 - TP-3: 113.7637 These targets are strategically aligned with key resistance levels, offering potential exit points as the price advances. Risk Management: It is imperative for traders to adhere to disciplined risk management practices, including proper position sizing and adherence to stop loss levels. Additionally, monitoring market conditions and adjusting trading strategies accordingly can help mitigate inherent risks associated with speculative trading. Conclusion: In conclusion, the technical analysis of LTC/USDT indicates a promising bullish outlook, supported by the formation of a harmonic pattern and confluence with key support levels. By implementing a prudent entry strategy, combined with effective risk management techniques, traders can potentially capitalize on the anticipated upward movement and achieve favorable returns.
BINANCE:LTCUSDLong
by trading_jupiter
LTC IS READY FOR A MASIVE MOVE!🚀CRYPTOCAP:LTC has recently bounced from its long-term support level which has held for 1900 days, as indicated by historical price interactions. It has broken out of the symmetrical triangle pattern and is currently being it, with $78 serving as support. In the past, when it previously broke out, it bounced around 500%, so we can expect a similar move this time too. During this anticipated movement, it's important to note that there will be resistance at the $135 level, as well as the all-time high (ATH). #DYOR #NFA
Long
by CRYPTOMOJO_TA
8
LTCUSDT Elliott Waves Analysis (Investment idea)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Closest target: 200 - 400 - 800 Main(investment) target zone: 750 - 1000$ Cancellation of setup - decreasing under 40 RR: 1 to ~20 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. DYOR!
Long
by trytofeelpositive
"Analyzing Long-Term Support of LTC to Identify Opportunities"COINBASE:LTCUSD is currently trading above a significant long-term support level that has held for 1890 days, as evident from historical price interactions. This support has consistently resulted in a bounce for LTC whenever the price approaches it. While we anticipate another bounce, it is prudent to acknowledge the possibility of a breakdown. Fortunately, the risk associated with this trade is minimal due to a short stop-loss (SL). The trade appears favorable with a low risk and a potentially high reward. Turning our attention back to the chart, the symmetrical triangle pattern observed indicates similarities with a previous breakout, leading to a substantial 500% increase. The formation of a similar pattern now suggests the potential for another breakout, which could lead to a significant upward movement. Noteworthy resistance levels during this anticipated movement include $79, $135, and the all-time high (ATH). It is imperative to emphasize that this analysis is not financial advice. Investors are strongly encouraged to conduct their own research (DYOR) and base their decisions on individual risk tolerance and market comprehension.
Long
by CRYPTOMOJO_TA
2
LTC/USDT - Litecoin: Falling Wedge◳◱ On the $LTC/ CRYPTOCAP:USDT chart, the Falling Wedge pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 74.14 | 77.16 | 83.25 and support near 68.05 | 64.98 | 58.89. Entering trades at 73.24 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Litecoin ▣ Rank: 22 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Payments - Currencies ▣ Overview: Litecoin is a fork of Bitcoin's codebase with four times faster block times and a four times larger supply. The project considers itself complementary to Bitcoin as a silver to Bitcoin's gold. It is often used as a pseduo-testnet for Bitcoin, adopting new protocol changes before they are deployed on Bitcoin. ◰◲ Technical Metrics : ▣ Mrkt Price: 73.24 ₮ ▣ 24HVol: 47,073,976.056 ₮ ▣ 24H Chng: -4.086% ▣ 7-Days Chng: 1.27% ▣ 1-Month Chng: 5.74% ▣ 3-Months Chng: 7.66% ◲◰ Pivot Points - Levels : ◥ Resistance: 74.14 | 77.16 | 83.25 ◢ Support: 68.05 | 64.98 | 58.89 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: SELL ◰◲ Technical Indicators Summary : NEUTRAL ◲◰ Sharpe Ratios : ▣ Last 30D: 1.57 ▣ Last 90D: 1.19 ▣ Last 1-Y: 0.42 ▣ Last 3-Y: 0.26 ◲◰ Volatility : ▣ Last 30D: 0.46 ▣ Last 90D: 0.43 ▣ Last 1-Y: 0.66 ▣ Last 3-Y: 0.93 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.52 - Bullish ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth LTCUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
LTCUSDT - D1LTCUSDT D1 - The price moves in the opposite channel, you can consider both selling and buying along the border of the channel, for stronger movement and achieving goals, the price is necessary to exit the channel, for confirmation you can consider consolidating behind the border channel or retesting after consolidation. What can you expect? At the moment, being near the lower limit, protection can lead to a local cessation of movement. The best order for purchases is to wait until the lower boundary is broken. You should not take into account the risks in the channel, as there may be false border breakthroughs. Local targets 74.32 - 81.61 Long Target 74.32 – 79.20 – 81.61 – 85.79
Long
by Trade_Hive_Signals
Litecoin Macro Analysis : BIG MovesHi Traders, Investors and Speculators of Charts📈📉 From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis. By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. I hope your bags are packed because once LTC moves, it's hard to jump onto a moving train. The bullish signs are: ✅ Consolidation under resistance zone / bullish ✅ Higher Lows - buyers are buying up dips What's still missing: ✅ Bullish Technical Indicator (Weekly on CryptoCheck START v3.5) ✅ Weekly candle close ABOVE 70 Even thought the price may continue to trade just under the resistance for another while, the next big market cycle is clearly the bullish phase. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:LTCUSDT
Long
by CryptoCheck-
22
LTCUSDT - D1LTCUSDT D1 - The price has emerged from a protracted consolidation through a triangular formation, which may lead to further upward movement. You can try to consider buying from the level of 73.20. If the price can gain a foothold at the level of 68.80 and make a retest, we can expect the movement to continue. Global target 115.05 If there is a false breakout and liquidity is removed, the price may return to the channel; in this case, it is necessary to wait for a clear formation to consider purchases. What can you expect? You can consider entering from the level of 73.20 (you can consider breaking through the level) with further movement to the target 94.56. You can also consider entering from a correction if the price consolidates above 68.80 (With exit from the position after the 2nd wave) Cancel the idea so as not to take increased risk from the level of 59.50 - 55.10. There may also be a false breakout of this level and continuation of the upward movement - in this case, it will be necessary to wait for a clear formation to continue the upward movement. It is better not to trade inside the channel, but to wait for a clear situation for trading. Targets 79.80 - 85.47 - 94.56 - 115.05
Long
by Trade_Hive_Signals
LTCUSDT at monthly support, likely to bounce soon.The price has been going down since it hit the monthly resistance MR1 a few months back. The price came back to monthly support and bounce from there. Now it is experiencing a pullback from that bounce and the price is currently trading at weekly support WS1 which is also close to monthly support MS1. I think the current setup is offering a good long opportunity on high time frame. The last monthly candle close has been bullish and indicates that the current or next monthly candle is going to be a green one. The price is also at the support level which is providing a good confluence. Some indicators are also indicating the direction for the price to be up side in the coming days. There can be a bit of dip into the MS1 but not necessary. Overall it is looking good for a long on high time frame.
Long
by angela_altair
LTC#LTC After Halving the price dumped pretty much and currently the coin is in the long accumulation period before the next big move #LTC is very perspective project / coin. I would recommend to buy this coin on Spot, because for Futures trading its very choppy right now. You can see on the chart 68$ price level, that currently will stand as a strong resistance. The coin was already dumping several times from that level before. So, until we don’t see the D close above 68$ - we can’t talk about bull trend continuation. But if it is so, then the coin can give good move until 100 - 104$ where we can see another bear reaction. (N.1) Only if the coin will keep consolidation above 110 - 112$ in this case there will be big chance to see the LTC at around 160$ where it has Monthly FVG level (n.2) Other wise, I expect to see continuation of consolidation between 68$ and 52$ levels. How long this consolidation will be - hard to say, depends on market conditions (n.3) If LTC breaks below last 52$ support in this case the price can drop towards to 25$ (n.4) Remember that this TA made on Weekly TF It can take weeks or 1-2 months for analysis to play out.
by vazitrades
LTCUSDT support and resistances for high time frame tradesThe price hit the monthly support MS1 and bounced from there. It is currently trading above the monthly support MS1 and currently consolidating in price range around 64. This is kind of no trade zone for high time frame. All the high time frame resistances and supports are marked on the chart. A long is favorable if the price taps into the monthly support MS1 again. On the resistance side, first it will face 4h resistance 4HR1 around 73.5-75.5. That will be a level to short but not the best one. Next resistance level is daily resistance DR1 around 81.5-84 which is a better level to go short. Above that there is a weekly resistance level WR1 sitting around 91-94 offering the best shorting or offloading any long. For short term trade opportunities, we should look at lower time frame charts. If requested, I will look at low timeframe trade setups and share in a separate post.
by angela_altair
4