LTC ready to take off?looks like we are going to chop around in this area for a bit then come back to the top of the channel.
LTCUSD trade ideas
LTC An Outlook Worth ViewingNot financial advice
all ideas and videos made on current market conditions.
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Will LTC price End Falling Trend To Reach $70Falling Trend: LTC price action is under the influence of the 50-day EMA, indicating a bearish trend.
Death Cross: A death cross in the daily chart adds momentum to the downtrend.
Critical Levels: LTC is trading sideways between $60 and $72.
Current Price: LTC is trading at $60.77, with an intraday growth of 0.91%.
Bearish Pressure: Multiple failed attempts to break above $72 show strong bearish pressure.
Long-Wick Candle: A recent long-wick candle taking rejection from the 50-day EMA marks a new negative cycle.
RSI Indicator: The RSI line trends sideways under the 14-day SMA, showing no signs of divergence.
EMA: The 50-day EMA acts as dynamic resistance, limiting bullish growth.
Bullish Torch: Despite strong resistance, LTC price prediction remains optimistic for the coming months.
Reversal Chances: The chances of a reversal above the $60 support zone are slim.
Optimistic Scenario: A breakout above the 50-day EMA could lead to a move towards $70 and potentially $100.
Pessimistic Scenario: If LTC fails to hold above $60, it could test the $50 support level.
LTC LONGSpossible phase C spring, on a minor accumulation after a bigger TF accumulation which alsso happens to be on a phase C, expecting bullish expansion supported with fed pause, biggets deficit increase in history and recession narrative.
Will LTC Sustain Above $60?Falling Trend: LTC is under the influence of the 50-day EMA.
Death Cross: A death cross in the daily chart indicates bearish momentum.
Psychological Mark: A drop below $60 could lead LTC to $50.
Bearish Pressure: LTC has experienced a 44% downfall before entering a sideways track.
Crucial Zones: LTC is trapped between $60 and $72.
Inverted H&S Nullified: Rejection from the 50-day EMA nullifies the inverted head and shoulder pattern.
10% Drop: LTC has fallen 10% in the last 10 days.
Today's Price: LTC is trading at $61.33 with a 0.38% intraday growth.
Morning Star: A potential morning star pattern could signal a bullish reversal.
RSI Status: The daily RSI is nearing the oversold boundary.
Dynamic Resistance: The 50-day EMA acts as a barrier to bullish growth.
Bullish Viewpoint: Despite the bearish trend, there's a bullish outlook for the coming months.
Litecoin on weekly chart💥With the ever-evolving crypto landscape, it's easy to get caught up in the latest trends and tokens, but sometimes the most valuable gems are right in front of us. Litecoin, often referred to as the "silver" to Bitcoin's "gold," is one such cryptocurrency that has been quietly making strides in the digital currency world.
Here are a few reasons why Litecoin might be considered an undervalued asset:
Digital Silver: Litecoin is often referred to as the "silver" to Bitcoin's "gold" in the world of cryptocurrencies. It offers similar benefits but is primarily used for smaller transactions and everyday purchases.
Swift Transactions: Litecoin is known for its fast transaction processing. New blocks are generated approximately every 2.5 minutes, making it ideal for quick and discreet payments.
Strong Security: Litecoin uses the same cryptographic protocol as Bitcoin, ensuring a high level of security and protection.
Experienced Development Team: The Litecoin team consists of experienced developers who actively improve the network and work on new features.
Longevity: Litecoin has been in the market since 2011, and this longevity has added to its stability and trustworthiness.
Global Acceptance: An increasing number of companies and payment systems accept Litecoin, making it more useful for everyday transactions.
Ongoing Development: The crypto community continues to actively develop Litecoin, implementing new technologies and updates to keep it relevant.
Mined: Litecoin can be mined, making it accessible to those who wish to participate in the network and receive coins as a reward.
Useful for International Transactions: Thanks to its speed and low fees, Litecoin is an excellent choice for international transactions and money transfers.
Creative Applications: Litecoin is used for various applications, from digital collectibles to the execution of smart contracts.
As the crypto world evolves, it's essential to keep an eye on assets that may be overlooked. While Litecoin may not always grab headlines, its combination of speed, security, and adoption could make it a hidden gem in the cryptocurrency market.
What are your thoughts on Litecoin? Do you believe it's undervalued, or is there another cryptocurrency you think deserves more attention? Share your insights in the comments below!
Always sincerely with You,
Yours, Kateryna💙💛
LITECOIN VS USD (Sensitive movement )BITFINEX:LTCUSD
The price looks uptrend but should stabilize above 63.54 to get 67.06 and then should stabilize above 69.07 to get 75.40
but otherwise, stabilizing under 62.825 will be bearish to get 60.90
Pivot Price: 63.55
Support Price: 67.06 & 68.10
Resistance Price: 62.82 & 60.90
The movement Range will be between 63.55 and 67.06
Manipulation messed up the mini bull run BIG delayManipulation created a delay in the mini bull run. Now we have to wait until April May June before the low happens.
The markets move like clockwork and if you make any small changes you pay for it later.
My trades have been exactly the same shown on this chart.
Timing is everything.
Short ltc target $48LTC is facing resistance at $68 and is trading in a range-bound manner. The support level below is around $48, and there is a possibility of testing the previous low.
LTCLong Position Ratio on Litecoin. Good RR. Will look for the previous day close ( red dotted ) as the SL and TP is upto you
LTC consolidates, will it reach $100?Inverted Head & Shoulders: LTC shows a potential inverted head and shoulder pattern with a neckline at $68.
50-day EMA: The uptrend faces resistance from the 50-day EMA.
Potential 40% Jump: A breakout above $68 could lead to a 40% jump to $100.
Death Cross: A sharp correction from $114 to $57 led to a death cross in the daily chart.
Current Price: LTC is trading at $65.41 with an intraday growth of 0.93%.
Morning Star Pattern: LTC aims to form a morning star pattern for a bullish reversal.
Uptober Season: The overall market sentiment is bullish as we enter Uptober.
DMI Indicator: The ADX line is on a downward trend, indicating low momentum.
Bullish DI Lines: A bullish turnaround in the DI lines suggests a high probability of an upside breakout.
Critical EMA: Rising above the 50-day EMA is crucial for LTC's recovery rally.
Bullish Scenario: A breakout will challenge the $70 mark before aiming for $100.
Bearish Scenario: A downtrend could break the $60 level and test support at $50.
LTC Slowly Moving Up $74LTC making its way backup after cleaning BIG buy side liquidity.Going Above the sell side liquidity will result in HH. Lets see if todays News will effect LTC into a parabolic move to $74. Losing the last green rectangle will result in another LL
Cya at $74 or ZERO ^_^
LTCUSD Buy/LongLTC/USD futures is currently sitting upon on support.
Support shows its current stability can rise towards $104.68
LTCUSD
BUY/LONG
Entry: $63.63
Stop Loss: $58.84
Targets:
TP 1: $84.63
TP 2: $104.68
SWING TRADE
Risk: 2-5% of Capital
1M LTCUSD: Likely back down to $50 rangeAs above.
Total crypto marking ALTs looking bearish.
LTCUSD long term 1M trendline intact and likely continued correction down to $50 level again.
Will follow.
Good luck traders.
Litecoin bottom Litecoin is about to start the final path of the pattern , I believe it will kiss the ATH next year , as you see the price almost in bottom in logarithmic chart and its a nice spot to accumulate in case you left behind.
📈 Litecoin's Ascending Channel: A Sign of Strength 📈Litecoin, often referred to as "digital silver," has been quietly making waves in the cryptocurrency market. A compelling technical pattern has emerged, signaling the coin's strength and potential for a sustained bullish trend. Let's explore the concept of an ascending channel and what it suggests for Litecoin.
The Ascending Channel: A Bullish Structure
An ascending channel is a technical pattern characterized by a series of higher highs and higher lows.
It represents an upward trending channel where buyers consistently enter at higher price levels.
Litecoin's Strong Position: Riding the Channel
Litecoin's price action has been remarkably consistent within this ascending channel.
The channel's boundaries serve as support and resistance levels, providing clear trading signals.
The Significance: Strength and Potential
The presence of an ascending channel is often seen as a sign of strength.
It reflects a consistent balance between buyers and sellers favoring upward momentum.
Trading Strategy: Navigating Litecoin's Channel
For traders, an ascending channel provides valuable reference points.
Consider long positions near the channel's lower boundary and take profits as the price approaches the upper boundary.
Conclusion: Litecoin's Ascending Channel
Litecoin's ability to maintain this ascending channel is a promising sign for its future performance. However, always remember that the cryptocurrency market can be volatile. Stay informed, adapt your strategy, and manage risk wisely.
As Litecoin continues to ride this bullish structure, it demonstrates the resilience and potential for growth within the crypto space. 🚀📈🌟
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Like, share, and leave your thoughts in the comments! 💚🚀💚
Litecoin Price Prepares a Jump to $100!LTC price shows an inverted head and shoulder pattern with a neckline at $68.
The uptrend faces resistance from the 50-day EMA.
A breakout above $68 could lead to a 40% jump to $100.
Bearish dominance at the $68 zone has led to multiple breakout attempts.
Lower high formations persist due to a dominant resistance trendline.
Death cross in the daily chart hampers bullish momentum.
Current LTC price is $66.55 with an intraday growth of 0.83%.
DMI indicator shows a falling ADX line, indicating low momentum.
Bullish turnaround in DI lines suggests a high possibility of an upside breakout.
Sustaining above the 50-day EMA is critical for LTC's recovery rally.
Resistance at $80 could be a hurdle before reaching $100.
A downtrend could break the $60 level and test support at $50.
Litecoin Post-HalvingLitecoin recently underwent its halving event on August 2nd. If we look at how the price reacted to each halving, it typically trends downward for about 1 year before it sees its bull run.
Litecoin is no different than BTC when it comes to its cyclicality. Here's a chart I published early this year:
You can see how BTC tends to move in very distinct cycles and often follow predetermined time intervals. Will the pattern continue? I'd say so. Even if not identical, the cyclical nature of cryptocurrencies is a very appealing investment.
