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3X Long Litecoin Token / USD Tether

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LTCBULLUSDT trade ideas

LTC/USDT 1DAY UPDATE !!Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Litecoin (LTC) also moved higher in today’s session, with price climbing by as much as 7%. Following a low of 81.75 on Sunday, LTC/USD raced to an intraday high of 87.54 earlier in the day. This jump resulted in the token reaching its highest point since March 6, which is the last time LTC was trading close to the 90.00 mark. a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken. price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00. There is a strong possibility that litcoin could move above 90.00 in the coming days. Hit the like button if you like it and share your charts in the comments section. Thank you...
by CryptoSanders9563
LTC Long Dog (Daily) My overall sentiment remains bullish on LTC until the halving event. Although I initially experienced a loss when attempting to scalp (short term) the market from $79 down to $75 with 10x leverage between Thursday and Sunday, I decided to close the position at $82.5 and shift towards a long position. To recover some of the earlier trade losses (due to an exchange issue preventing me from utilizing 10x leverage), I entered a long position at 5x leverage, buying LTC at $82.5 and selling at $87.5. Currently, I am observing the market closely before making any further moves. I anticipate a potential retest of the downside trend line, which may present an opportunity for me to accumulate LTC at spot prices and initiate a low leverage position for long-term investment leading up to the halving event. Once LTC breaks the $100 mark, I plan to establish a more aggressive long position.
Long
by ReReckles
LTC: Approaching SupportLitecoin (LTC) technical analysis: Trade setup : Price got rejected again (3x) at $100-$105 resistance zone and pulled back to $80 support and 200-day moving average. So far it appears to be holding that level and could swing back up to $100 again. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high. Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, then $105.
Long
by altFINS
🔥 Litecoin Bullish Triangle: Support Held!Litecoin has been in a long-term bullish trend since the FTX drop back in November of last year. As seen on the chart, there's a strong diagonal support which keeps on holding and sending LTC upwards. After the big drop a couple of days ago, the support has yet again not failed us. With a bullish reaction to the CPI I'm looking for a move towards the top resistance of the bullish triangle. Too early to say whether we're going to break out from it. All we can see is that LTC looks like a decent shot for a long-position.
Long
by FieryTrading
8
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
Long
by trytofeelpositive
2
Litecoin - Scenarios To Watch 👀What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the Litecoin 1H chart. Let's dive right in... Ticker: LTCUSDT Date: 05/12/23 Timeframe: 1H Supply: 83.82-85.24 (1st red zone), 89.07-89.86 (2nd red zone) Key zone: 81.41-82.00 (grey zone) Demand: 75.18-77.74 (green zone), 65-67.58 (green zone) Commentary: LTCUSDT seems to be one of the few cryptos that have established a low on this move down and continues to respect demand down at these lows. This means it could be one of the tickers to play now that we have established new demand and supply levels. Currently it seems to be respecting this ~82 level grey zone as supply but if this 75.18-77.74 demand holds up it is only a matter of time that this zone gets broken. There are a few trades we could target from here: ✅ Bullish Scenario 1: you want to see price pull back into the demand zone ~75.18-77.74 and buyers to emerge again for an upside move, possibly into ~81.41-82 key zone or higher into supply at ~83.82-85.24. This is the safer upside play. ✅ Bullish Scenario 2: you want to see price break above ~81.41-82 key (grey) zone, pull back to retest this zone and turn it into demand to catch a break and retest for a further upside move, potentially into supply at ~83.82-85.24. ✅ Bullish Scenario 3: you want to see price rally and break both this key (grey) zone and supply level at ~83.82-85.24, pull back to retest ~83.82-85.24 zone and turn it into demand to catch a break and retest for a further upside move potentially into next supply at ~89.07-89.86. 🟥 Bearish Scenario 1: you want to see price approach this key (grey) zone at ~81.41-82, sellers to regain control as they have done since Wednesday this week, and possibly catch a retest of this zone into demand at ~75.18-77.74 again. This will be the safer downside play if it sets up soon. 🟥 Bearish Scenario 2: you want to see approach supply at ~83.82-85.24, show weakness, possibly retest this zone and reject again for a move down into the grey zone or further down into demand. 🟥 Bearish Scenario 3: you want to see price break below demand at ~75.18-77.74, pull back up to retest and turn this zone into supply for further downside into March lows. There is a demand zone at ~65-67.58 so be cautious of that. That's all we got for you in this one. So what do you think? Are you bullish or bearish? Let us know in the comments below! We'll see you in the next one. -The AlgoBuddy Team
by QuantVue
2
LTCUSDT: Bullish Breakout Confirmed with Pitchfork Analysis and Litecoin (LTC) has recently broken out of a descending pitchfork pattern against Tether (USDT) on the daily chart, indicating a potential bullish reversal. The price has successfully broken above the upper median line of the pitchfork, with the pitchfan analysis also confirming a bullish trend. The price is currently hovering above the 50% pitchfan level, which serves as strong support, indicating a potential continuation of the bullish trend. Additionally, the price is trading within a defined range, with a clear resistance level of $95 and support level of $77. Technical indicators, such as the RSI and MACD, are also showing bullish signals, with a potential move towards the next resistance level of $95. Traders should consider long positions with a stop loss below the support level of $77, targeting the resistance level of $95. However, if the price fails to hold above the support level, it could indicate a potential bearish reversal towards the next support level of $65. As always, it's important to closely monitor the market and adjust your trading strategy accordingly." ***********Please read this below *********** "This analysis is published for informational purposes only and should not be considered as an official financial or investment recommendation. Users are solely responsible for determining their own trading strategies and making their own decisions. Do not rely solely on this analysis/recommendation and evaluate personal risks before making any trading decisions."
Long
by DOPHI666
LTC 🌩️ BNB 🌴 Where is BTC Headed?ATTMO's forecast suggests stormy weather ahead for Litecoin 🌩️, with a downside risk for the cryptocurrency. In contrast, Binance Coin is experiencing 🌴 tropical and very bullish weather today with significant upside potential. Bitcoin is currently facing 🌧️ stormy weather, but ATTMO predicts ☀️ sunny skies for the next 24 hours, which could support the world's largest cryptocurrency and translate to an imminent market rebound. The sharp decline in Bitcoin's transaction fees could also contribute to this positive trend. Over the next week, ATTMO expects a slightly bullish market with some upside potential for both major cryptocurrencies - Bitcoin and Ethereum . Additionally, an imminent market rebound is predicted for Dogecoin 📈.
by ATTMO
LTC/USDT 4HInterval in correctionI invite you to review the LTC chart in pair to USDT, so on the four-hour interval, we will mark the downtrend channel in which the price is moving with blue lines, but here we can observe that during today's review we are witnessing a strong market rebound. Moving on, we can move on to marking the support areas when the initiated correction begins to deepen. And here, the first support that is currently holding the price is at $77.61, the second support is at $74.9, the third support is at $72.71, and we still have support at $70.46. Looking the other way, we see that we need to go through a big strong resistance zone from $79 to $83 first, then we have resistance at $85.17 and then move towards $91.41. Please look at the CHOP index, which indicates that a lot of energy has been collected, MACD indicates that despite the correction, we maintain a local uptrend, while the RSI after today's increase is a strong rebound.
by cryptodailyuk
LTC - Here comes the funWe see a smaller timeframe accumulation just to see another drop down. I am planning to short it. Taking in mind that the real bottom still might be not done yet makes me wonder how possibly low shitcoins might go? I personally strongly respect LTC, but it is not played by the big boys. And if they are interested to accumulate BTC by a decent price i don't think Composite Man has any plans to accumulate any of LTC. And if so how far panicing retail might drop the price? Will we see $40 again? The most funny times are around the corner!
Short
by ijustcoin
LTCUSDT had a false breakoutLTCUSDT had a false breakout from the daily resistance inside a rising wedge on the 100$ area. This false breakout indicates that there was not enough buying pressure to sustain the price above the 100$ level, leading to a potential price reversal. According to technical analysis, the price of LTCUSDT could create a new pullback into the 92$ area where the price has resistance. This pullback may occur as sellers take profits, leading to a decrease in buying pressure and a potential price decline. If the price does indeed pullback to the 92$ area and breaks below this support level, it may signal a potential new bearish trend. As per Plancton's Rules, new short positions may be considered once the price breaks below the 92$ support level. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
6