LTCBULLUSDT trade ideas
Litecoin (LTC): Possible Turning Point!Litecoin has returned to the branch of EMAs where the price has been rejected so far (forming a smaller fakeout above 200 EMA).
We are now looking at how the price will reach that zone but as of now, we are looking for a downward movement from here; if not, then a movement to the upper resistance for a bigger drop!
Swallow Team
LTCUSDT - In Bearish TrendThis coin has been analysed in 1D and 1H time frames. 1D time frame helped in determining the trend and key resistance and support levels where as 1H time frame provided an opportunity of trade in the direction of the trend. I have also used FIB to check the pullback from a downward trend because the RSI is showing a loss of momentum in upward trend. The chart may test the 0.618 level of FIB and continue the downward trend.
The Signal is:
EP: 64.15
SL: 66.91:
TP: 61.39
RR: 0.5%
LTC ANALYSIS🚀#LTC Analysis : What Next ??💲
✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #LTC and trading around it's descending trendline zone. We are expecting a bullish move in #LTC after a breakout of falling wedge pattern
🔰Current Price: $65.50
🎯 Target Price: $89.00
⚡️What to do ?
👀Keep an eye on #LTC price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#LTCE #Cryptocurrency #TechnicalAnalysis #DYOR
LTC USDT🔍 LTC/USDT Analysis: Long-Term Price Prospects & Key Dates 📉
The LTC/USDT chart marks critical dates and long-term price targets with bold lines on the weekly timeframe:
September 2, 2024 - Green Line: This date indicates a potential local low, providing an opportunity for long-term accumulation. Consider this an optimal entry point for building a position in LTC.
October 10, 2024 & December 16, 2024 - Red Lines: These dates could signal local peaks, offering chances to take profits or reassess positions in anticipation of market corrections.
October 27, 2025 - Green Line: A significant long-term low is expected around this date. This could be the best moment to increase your LTC holdings for the next major market cycle.
Aligning your strategy with these dates and focusing on the long-term price perspectives can help optimize your investments in Litecoin.
#LTC #Litecoin #CryptoTrading #Cryptocurrency #MarketAnalysis #Altcoins #LTCUSDT
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangl
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangle Pattern
In this video, we analyze the recent breakout of Litecoin (LTC) against Tether (USDT) from an ascending triangle pattern, signaling a potential bullish move. We'll explore how LTC/USDT has gained nearly 150% from its recent low and could be eyeing a further 3-5% rally if key resistance levels are breached.
Key points covered:
• Identification of the ascending triangle pattern
• Analysis of key support and resistance levels
• Potential price targets for the breakout
• Risk management strategies for traders
Don't miss this opportunity to understand the technical factors driving LTC's price action and how you can potentially profit from this bullish formation.
#Litecoin #LTCUSDT #CryptoAnalysis #TechnicalAnalysis #BullishBreakout #AscendingTriangle #CryptoTrading #PriceTarget #ResistanceLevel #SupportLevel #CryptocurrencyMarket #BlockchainTechnology #DigitalAssets #CryptoInvesting #TradingStrategy #CryptoTrends #AltcoinSeason #CryptoPortfolio #FinancialFreedom #CryptoEducation
Remember to always conduct your own research and consider your risk tolerance before making any investment decisions.
LTC - My long-term safe tradeHead and shoulders complete -
The dip post head and shoulders has now also played out, while LTC is currently in a prolonged consolidation phase, the refusal to dip below the key support levels does lend some bullish sentiment for the long term.
Bullish Case: If LTC continues to hold above the strong support level and begins to break above key resistance levels, particularly around $70-$100, it could indicate the start of a new bullish trend.
News:
There's significant optimism due to a substantial increase in daily transactions, which have surged by 500% in 2024. This growth is largely driven by increased whale activity, signaling strong interest from large investors.
Charlie Lee Announces Expansion Into Banking Services - The highlight of this expansion is Litecoin’s integration into the banking app of Banco Bilbao Vizcaya Argentaria (BBVA), a major global financial institution. This partnership allows users to purchase LTC directly through the BBVA app. The integration is a significant step towards bridging the gap between traditional banking and cryptocurrencies.
Overall strong bullish sentiment for an overwhelmingly under-valued coin.
LTC/USDT 1D ChartHello everyone, I invite you to a quick review of the LTC/USDT chart on the 1D time frame. As we can see, the price had a sudden downward impulse below the local downtrend channel, but it quickly returned.
Going further, you can see how the price returned above the support at $56.5, then support at $51, and then strong support at $44. Looking the other way, there is resistance at $62, the next resistance is at $65.5, and then there is strong resistance at $70.
Only when the price breaks above this resistance will the path towards the next very strong resistance at $82 be opened.
Litecoin (LTC): 2 Possible Zones of Rejections / Selling PointsWe are back with Litecoin, where the price has bounced from the local dump zone, where the price was heavily oversold.
We saw this kind of pattern already this month so we are here with 2 possible movements.
One with a possible touch of the upper resistance zone, which would stabilize the EMAs and the second one is where our current local support zone will be touched again and broken!
Swallow Team
LTC LONG 📩 Pair: LTCUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: 65.00✅
📊 Entry 2 (DCA): 60.00
✅ Target 1: 68.00
✅ Target 2: 75.00
✅ Target 3: 88.00
⛔️ Stop Loss: 56.00
LTC is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon. If #LTCUSDT faces resistance at the upper trend line of the wedge, we could see a retest of the bullish zone around $60.00, which has been a stronghold of support, rich with liquidity, and a key area for potential buy orders.
Entry Strategy:
- First entry at $65.00
- If the price drops, make an additional entry (DCA) at $60.00 to lower the average cost of the investment.
However, if Litecoin doesn't bounce back from $60.00, the focus shifts to the next crucial support at the lower demand zone of $56.00. The likelihood of a strong rebound here is quite high, making this a critical level to watch. On the flip side, if LTC continues to slide, the bears might gain control, leading to a bearish continuation, marking a significant shift in market sentiment.
"Manage your risk – never trade with more than 1% of your capital on a single transaction."
Litecoin (LTC): Fakeout Might Form Here!!!Litecoin is showing some bullish momentum, where recently we broke the 200EMAs (again) and now we are trading in between the EMAs and the upper resistance zone, where we already got a rejection once.
As of now, we are hoping for another fakeout to form here after what we will be looking for a break of EMAs and a movement to lower zones here so eyes wide open!
Swallow Team
LTC (Litecoin): Approaching ResistanceTrade setup : Price is in a downtrend, however, it's broken back above $70 resistance, which could be a sign of trend reversal. We wait for price to break above stiff resistance at 200-day moving average of $79 to confirm resumption of uptrend.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $65.00, then $55.00. Nearest Resistance Zone is $80.00.