LTCBULLUSDT trade ideas
Litecoin Goes Bullish: Accumulation Ended—New 2025 All-Time HighLTCUSDT (Litecoin) is coming out of our long-term accumulation zone, a price range we defined back in August 2024, you can see more below:
✴️ Litecoin Pre-2025 Bull-Market Accumulation Zone & Strategy
Now that Litecoin is out of this massive, long-term price range, we can fully consider the bullish scenario and growth potential.
As you can see here, the market bottom happened June 2022 and a definitive higher low August 2024. Prices grew slowly (accumulation) between August and November, and now we are in the early stages of the bullish zone.
Litecoin is going bullish but it is still early. I say accumulation for long-term is still good below $100, but the best possible prices are now behind us. These can be activated again on a strong swing but likely they won't.
Bitcoin is ultra-bullish and volume is rising for the first time in month. For example, this week LTCUSDT will end up producing the highest buy volume since March 2024, that's eight months ago.
Coming from a recovery wave, 8 months of correction is all that is needed and eight months are now gone. Welcome to the bull-market. Very early; prepare for maximum growth.
Buying should be done in late 2024. Only two months left.
Namaste.
#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
LTC the black swan?This analysis was done weeks ago and not much has changed. The channel is still valid. But, why has LTC not picked up the pace with the other tokens? BTC is flying, ETH is flying, even DOGE is in a world of it's own. But, LTC which has been one of the 'top 10' for quite some time is not seeing the elevation at all, literally not one bit. We need to see a push here on LTC for it to be considered part of the pack. OR, it's just biding it's time looking like a dead duck but actually has the highest potential of them all. Only time will tell. Follow for more.
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 Underdog: Target 400-500Doing some very basic casual analysis using 20% of my IQ to make this decision, based purely on primitive instinct and rain patterns, after my fire dance, I will be making this obvious-to-a-monkey trade adding to my position from $68 up to here at $77, riding this one out into the Lite
LTC Confirms Bearish Trend and May Reach $60LTC Confirms Bearish Trend and May Reach $60
At the beginning of November 2024, LTC broke down from a strong support zone near $68.00.
The price tested this zone three consecutive times without breaking it, but LTC broke through the support with strong bearish momentum on the fourth attempt.
Currently, the price is taking a pause, but it is expected to resume the bearish movement as long as it holds below $68.00.
If this trend continues, LTC may reach $60.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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.
Litecoin (LTC) Intraday Scalping Investment ThesisInvestment Thesis
As a trader specializing in intraday scalping strategies for Litecoin (LTC), the current market conditions present a unique opportunity to capitalize on short-term price movements. With the price of LTCUSDT currently at $72.1000, and a trading volume of 156,381.8400, the sentiment among traders is predominantly bullish, as indicated by the long-short ratio exceeding 1.9000. This suggests that a significant number of traders are taking long positions, aligning with the potential for upward price movement.
Data Analysis
Open Interest: Steadily increasing, indicating growing trader participation.
Weighted Funding Rate: Slight positive trend, suggesting that long positions are favored.
Liquidation Levels: Currently low, providing room for price movement without triggering significant sell-offs.
Analysis: Supports the bullish sentiment observed in the market.
Binance Data
Sentiment: Leaning towards bullish, based on expert predictions from Binance and TradingView.
Key Levels:
Resistance: $72.8900
Support: $71.0100
Expert Recommendations:
CryptoAnalyst123 and MarketGuru emphasize the potential for upward momentum.
Analysts suggest entering long positions as LTC approaches the identified key levels.
CoinMarketCap Data
Circulating Supply: 72 million LTC tokens.
Market Capitalization: Approximately $5.2000 billion.
24-Hour Trading Volume: $156,381.8400, indicating strong trading activity.
Analysis: Robust trading volume supports the bullish outlook for LTC, as increased trading often correlates with price movements.
Sentiment Analysis
Sentiment Score: 75%, trending positively among retail investors.
Top Sentiments: Predominantly bullish predictions in social media discussions.
Implications: Aligns with technical indicators and financial data, reinforcing the case for potential long positions.
Technical Analysis
RSI (Relative Strength Index):
Value: 57.9800
Interpretation: Indicates a neutral stance with potential for upward movement.
MACD (Moving Average Convergence Divergence):
Status: Currently neutral; watch for a bullish crossover.
Stochastic Indicators:
Status: Suggests some bullish momentum.
Moving Averages:
MA10: $72
Price Positioning:
Consolidation: Around the support level of $71.0100.
Potential Breakout: If LTC breaks above the resistance level of $72.8900, it could signal a strong upward trend.
Key Levels:
Support: $71.0100
Resistance: $72.8900 and $73.5000
Analysis:
The RSI indicates room for upward movement without being overbought.
A bullish MACD crossover would support further upward momentum.
Price consolidation around support suggests potential for a breakout.
Breaking above resistance levels could trigger strong bullish trends.
Summary
The current market conditions for Litecoin (LTC) indicate a bullish trend supported by increasing open interest, positive funding rates, and optimistic market sentiment. Technical indicators suggest potential upward momentum, with key resistance levels at $72.8900 and $73.5000. The significant trading volume and positive sentiment from both analysts and retail investors reinforce the potential for short-term gains through intraday scalping strategies. However, maintaining vigilance is crucial as the RSI approaches overbought levels, which could lead to a pullback or consolidation.
Trade Recommendation
Outcome: OPEN_LONG
Confidence Level: 85%
Current Price: $72.1000
Stop Loss: $71
Take Profit: $73.5000
Exit Point: $73
Entry Criteria
RSI: Below 65 indicates potential upward movement.
Price Breakout: A break above $72.8900 will signal an OPEN_LONG position.
MACD: Watch for a bullish crossover.
MA10: $72 suggests continuation of the trend.
Current Indicators:
RSI: 57.9800
MACD: Currently neutral, watch for bullish crossover.
MA10: $72
Action Plan
Monitor the Price Closely:
Breakout Strategy:
If Price Breaks Above $72.8900:
Action: Open a long position.
Adjust Stop Loss: Tighten the STOP_LOSS to $71 to minimize potential losses.
Take Profit Strategy:
As Price Approaches $73.5000:
Action: Consider taking profits.
Adjust Exit Point: Move the EXIT_POINT to $73 to secure profits.
Risk Management:
Set Stop Loss at $71 to limit potential losses.
Take Profit at $73.5000 to capitalize on expected price movement.
Exit Point at $73 as an intermediate target.
Be Prepared to Act:
If RSI Falls Below 50:
Action: Indicate a potential reversal; consider taking profits or adjusting positions accordingly.
Monitor Market Sentiment:
Stay informed about any changes in market sentiment or technical signals that could impact the trade outcome.
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
LTC on the runway - a profitable entry! 🔔 Now we hear that LTC and ETH may soon be approved. This is a great opportunity to consider a potential trade with a clear risk-to-reward ratio! At the moment, the coin is showing stability, which may signal rapid growth.
💰 LTC #LONG
➕ Position entry: 70-68
📈 Take Profit 1: 75
📈 Take Profit 2: 81
📈 Take Profit 3: 89
⛔️ 📉 Stop Loss: 65
🔥 Risk to profit ratio: 1:4
🆘 Recommended trading volume: no more than 5% of the deposit amount. ❗️
Litecoin (LTC): Possible Market Structure Break / H&S PatternWe are back with our video contents and this time we decided to look at Litecoin, where we are seeing a good possibility of downward movement after sellers secured nicely that zone of EMAs.
Now we should see a nice MSB to form and a further movement to fill that FVG zone!
Swallow Team
LTC Pennant Breakout Strategy with Bullish BiasLTCUSDT has been consolidating in a potential pennant formation since March 2022. The eventual breakout will likely determine the coin's next major trend. While the structure leans bearish, a bullish approach is proposed: accumulate at current prices with a stop-loss below the recent low.
This strategy aims to maximize gains when the price decisively breaks out. The analysis outlines targets for both bullish and bearish scenarios, but emphasizes the upside potential. $59 remains a crucial support level to monitor. Currently trading at $74.77, LTCUSDT shows promising bullish signals across multiple timeframes. The near-term upside target is set at $104, reflecting optimistic market expectations.
Your support on the post will be appreciated.
Carefull Litecoiners !
The red zone at the top of the chart indicates a heavy supply area. The price is currently in an uptrend, and as it touches this level around $76, selling pressure might increase. The green zone (FVG Daily) below serves as a strong daily support, and in case of a pullback, it could provide an attractive re-entry point. 📊
Waiting for either a breakout or a price reversal. Can Litecoin break through this level? What do you think? 🤔
#Litecoin #LTC #CryptoAnalysis #Resistance #Support #FVG #TradingView #CryptoTrading #PriceAction
CareFull Litecoiners ! Hi Dears.
Litecoin (LTC) approaching a major resistance on the 30-minute timeframe! 📈
The red zone at the top of the chart indicates a heavy supply area. The price is currently in an uptrend, and as it touches this level around $76, selling pressure might increase. The green zone (FVG Daily) below serves as a strong daily support, and in case of a pullback, it could provide an attractive re-entry point. 📊
Waiting for either a breakout or a price reversal. Can Litecoin break through this level? What do you think? 🤔
#Litecoin #LTC #CryptoAnalysis #Resistance #Support #FVG #TradingView #CryptoTrading #PriceAction
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@TradeWithMky ♥