LTCUSDT.P trade ideas
💎 LITECOIN (LTC) - Investment Opportunity (READ THE CAPTION)Upon examining the #Litecoin chart on a weekly timeframe, we can see that the price is currently trading around $81.5 and there is still an opportunity for further analysis for long-term investment. The demand zones are respectively from $67 to $72 and $53 to $59, while the supply zones are $93.8, and from $112 to $134. The targets for this cryptocurrency, in order, are $92.5, $115, $200, and $268.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Litecoin "the Dragon?" 5824Is Litecoin putting in a dragon pattern? It could be holding this 80 dollar level and doesnt want to let go. We will see soon enough if it takes off to retest the local high. This is where we know if its bull time or time to sell and wait. TBH i think long term holders will win out here. This market is just shaking ppl out to the upside and down. Leverage is the main reason
Is LTC's price attempting to surpass the $100 threshold again?The concept of advance breakout and breakdown is highly effective in technical analysis, especially with indicators like the Relative Strength Index.
An advance breakout occurs when the RSI indicator surpasses its previous peak or breaches a trendline while the price has not yet done so.
This serves as an advanced or early signal, suggesting that the price will likely follow the direction indicated by the RSI in the upcoming sessions.
So... is it? :)
LITECOIN BLUEPRINT IS RIGHT HERE WITH SO MUCH ACCURACY
On the previous analysis price has been moving perfectly to the analysis reacting accurately to it.
My next point of interest is within the box which is in between the 50-78% Fibonacci zone. I will be looking to add to my BINANCE:LTCUSDT spot position after taking some profit at that previous swing high.
When all was bullish I was bearish now that they are bearish time to be bullish.
OTHER ANALYSIS
LTC/USDT Ready to Claim its Local Top Again? 👀🚀LTC Analysis💎Paradisers, brace for a significant turn in the #LTCUSDT market, signaling a potential bullish rally from the current demand zone.
💎Following two profit-taking phases, #Litecoin has exhausted the buy-side liquidity, setting the stage for a possible dip before a rebound from the vital Bullish OB zone at $74.90. If CRYPTOCAP:LTC musters sufficient bullish strength, we could witness a forceful advance challenging and potentially breaching the upper supply zone.
💎However, if #LTC falters in holding its position within this crucial support zone, a rapid strategic adjustment may be necessary. Enter Plan B: we might then initiate a bullish move from a lower demand zone at $67.14. This level is critical—if CRYPTOCAP:LTC falls below this, it might signal the onset of a bearish trend in the market narrative.
💎Stay vigilant and adaptable, Paradisers. Your ParadiseTeam is diligently monitoring and ready to steer you through the shifting currents of the #Litecoin market.
MyCryptoParadise
iFeel the success
The LTC is set for a huge drop.Hello friends nice to meet you all how was your day?
I feel good today because I ate light meat for lunch hahaha
Bearish Flag Pattern is indicating a DOWN.
The exact condition to enter a safe position is when the retest is successful after breaking down the lower flag line.
The target value is the AB=CD pattern, which is a 1:1 value drawn for each inflection point.
Litecoin 42824Wants to follow daddy Bitcoin , running after the fact. Anything I post I'm making a move on. THe plan is always a position trade. Sometimes these things run much higher and much quicker thn I think it should and I rotate out. I'm looking for a few things with this play. 1. Something proven and battle tested over a LONG period of time. 2. Not under scrutiny by regulators. I just dont think LTC is on anyone's radar. 3. Proof of Work.
for me LTC hits all the checkboxes. Its putting in higher lows over long periods of time and Im expecting a large move over the next 12 months. No its not a 100x play. This is more like a 10x maximum. Very low risk though you want it cheapest price but now under 90 is solid.
Btc has run. But ppl will want something similiar and IMO ltc is it. Plus it has Mimblewimble I feel its a no brainer. They want our crypto and they want to know exactly what you have. We need to look for alternative chains and cheaper tx. BTC initial settlement layer will at some point be for the mega rich only.
LTC📊Analysis by AhmadArz:
🔍Entry: 87.60 - 86.06
🛑Stop Loss: 89.56
🎯Take Profit: 83.88 -80.83 -78.95 -76.40
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Long LTCLooking at this chart, it’s clear that there’s a positive sentiment around LTC. The price is hovering nicely above the moving averages, which is a sign that things are on the upswing. The moving averages are neatly stacked, and the price is respecting that pattern, indicating a solid upward trend. The volume is quite heavy as well, suggesting there’s serious interest and support at these levels along with momentum flipping to the upside.