Litecoin begins to show strengthLitecoin begins to show strength before halving, which is expected in 31 days
Ltcusdtlong
LTC has higher targets12h time frame
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LTC already broke above the triangle structure.
Retest is better entry.
TP zone: 123~133 and final target 170
SL: 86
LTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Entry: market and lower (im in pos from 77.3)
Targets: 105 - 115 - (125-140)
after first target reached move ur stop to breakeven
Stop: ~75 agreesive, or 65 conservative (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 6
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!
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LTC Pre-Halving Pump into Q2 2023 -Crypto's first sign of springPrice Action into LTC halving seems consistent without regard to market sentiment.
SENTIMENT AND ENVIRONMENT INTO LTC HALVINGS:
2014 - "MT Gox.. Silk road... etc"
2018 - "ICO crash, BlockWars, China Crypto Banning, Fed tightening. . .etc"
2022 - "FTX collapse, Fed Tightening, 3 arrows capital, etc etc"
LTC seems to not care and its halving is usually about 9-18 months before BTC halving event
Watching to see how this plays out will be useful to know if money is still interested in this space.
LTCUSD - Priming Itself For A Big MoveLTCUSD has formed a bullflag like structure above the lower trend line.
I expect this breakout to smash the upper trend line, its difficult to show however on this chart.
Linking a chart below that shows how I think the breakout will occur.
LTC LongLTC is forming ABCDE Waves for the corrective 4th wave then push up higher to 5th wave.
Lets watch the action
LTCUSDT above weekly resistance, likely to head to 102The price has broken out of the weekly resistance WR1 and currently trading above it. It seems that the price wants to aim for the 102 area. Lets long this one on retest of this breakout (somewhere close to the resistance zone WR1).
Litecoin Halving Soon,what's Next?#LTC UPDATE
LTC is creating a symmetrical triangle pattern in this daily time frame
(basic about symmetrical triangle pattern)
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
#Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
#The breakout or breakdown targets for a symmetrical triangle are equal to the distance between the initial high and low applied to the breakout or breakdown point.
#Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
The upper trendline is acting as resistance right now, and if it doesn't break out of this pattern, we may see a retest of the lower level of this pattern, which is also the golden level of fid retreatment. After the breakout of this pattern, we can anticipate a very strong bounce.
LTC is encountering resistance at $102 but market sentiment indicates a breakthrough is on the horizon. The best exit place for short-term investors would be in the $130–$140 region if this barrier is broken, at which point LTC might start a bullish run.
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
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#LTCUSD- AB=CD LONG MOVE EXPECTED Dear Traders, we have a good opportunity of going long on Litecoin, as we will be seeing DXY to be bearish for short term in coming time which will probably the first week of June; NFP will be highly impact on Crypto market.
LTCUSDT at daily support, long favorable towards 91 and upSo the price has hit the daily support as expected in the last short idea from weekly resistance. Now this is an opportunity favoring long here. I believe the price shall bounce from this daily support. towards the next resistance zone around 91 and probably further up to weekly resistance WR1. It might dip a bit further lower but that should not scare us from this long opportunity.
Litecoin longLitecoin bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 93 is expected to happen.
Litecoin longLitecoin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 94 is expected to happen.
Ltc Channel Range Ltcusdt
Expecting a rejection on first resistance
In my opinion ltc will fly after retesting the lower support
Dyor
LTCUSDT Elliott Waves AnalysisHello 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.
Entry: market and lower (im in pos from 77.3,my stop in breakeven but if i get stop i will reopen,until we above 65 main targets 120-130 is relevant)
Targets: 105 - 115 - 125
after first target reached move ur stop to breakeven
Stop: ~66 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
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.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Ltc | Update Ltcusdt
As we can clearly see that ltc lose the horizontal support
Next big support zone is 77-73 and this one will be the best for mid term entry
Make sure to follow us for new latest updates
Ltc Breakout Ltcusdt
The price of LTC/USDT is currently attempting to break out of a horizontal resistance level and a symmetrical triangle pattern simultaneously.
If the breakout is successful, we anticipate a massive bullish wave to follow. However, it is important to manage your risk and conduct your own research before making any investment decisions.
Please note that every investment involves risk, and there are no guarantees in the cryptocurrency market. Therefore, it is crucial to exercise caution and make informed decisions.
If you find our analysis satisfactory, you are welcome to join us. Thank you for considering our trading idea.
LTCUSDT heading to 3h support, long favorable from thereThe price has been pushed back from the weekly resistance and currently trading right under it. It is also trading currently above 1h support zone after hitting it and bouncing from it. A long shall be favorable if the price hits the next support zone marked as 3HS. The target for that long should be 94.66. In case this 3HS support is lost, the next support is DS and then a long shall be attempted from there towards 92.5
LTCUSDT heading for 4h support, long favorable from thereThe price is heading towards 4h support zone. Once the price reaches this zone, a long should be favorable at least to the 92.53 level.
LTCYSDT LongAs I can see on the chart, an attempt to break through a strong sell zone should now begin.
LTCUSDT 130? WHY NOT?Very strong coin LTC. So far it shows only its strength. right now very important price is 97.08 should close (WEEKLY TF) above to be bullish. Once it does i dont see any problem to go 130!
The rest you can see on my chart
LTCUSDT at daily support, long favorableThe price has hit the daily support. A bounce should be expected here and the probability favors a long here.
LTCUSDT long favorable from daily supportThe price is getting pushed back from weekly resistance. Currently trading inside low time frame support zone. However, I would expect the price to go towards the daily support zone. If it comes to that zone, a long is favorable there.
LTCUSDT may head for the next support before another bounceThe price pushed towards daily resistance and hit area around 88. Now it is facing push back from that daily resistance. It might be pushed till the next support area. If it does, that would be a good opportunity to long.
