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LTCUSDT trade ideas

Litecoin Breakout and Potential RetraceBINANCE:LTCUSDT : Hey Traders, In today's session, we're keeping a close eye on LTC/USDT as it approaches the $77 area, a key support-turned-resistance zone. Litecoin recently broke below its previous uptrend, indicating a potential shift in momentum. It is now in a corrective phase, with price retracing back toward the broken trendline and horizontal resistance around $77. This level could act as a strong rejection zone, offering a potential selling opportunity if bearish confirmation shows up.
Short
by JoeChampion
1
Litecoin analysis using multiple toolsPlease read the full analysis to get the complete picture. Let's start with the trend lines. We have three increasing angles of support trend lines. The third one marked with this week's low so it might change if we happen to get a lower low. For the resistance we have R1 which is anchored at the ATH at the December 2024 top. This resistance trend line was tapped twice more, in January and February 2025, creating marginally lower highs marking the triple top which sent Litecoin to its recent low. R1 and any of the support trend lines, most notably S2 create a symmetrical triangle. This triangle can break either way and any time. So in theory, it could take it's time until late 2026 or early 2027. If it breaks in 2026, I would expect it to breakdown given that would correspond to the bear market timing of the bitcoin four year cycle. Next let's take a look at the pitchfork. This is a Schiff pitchfork from the 2018 bear market lows to the all time highs to the 2022 bear market lows. Macro pitchforks like this one tend to be respected. We can see that the August 2024 low hit the outside line of the pitchfork. The 0.5 line (green) flipped multiple times in this cycle between being support and resistance. The Schiff pitchfork in this case gives us the most conservative targets. More bullish targets are observed when switching to the modified Schiff pitchfork. However, for proper risk management it is better to start with the Schiff pitchfork and only if the price breaks the resistance levels, then switch to the modified Schiff. Here is the modified Schiff pitchfork: We can see interesting price interaction here as well. The August 5th 2024 weekly close was still above the outside line. The currently weekly low also hit the outside line. Similarly to the Schiff pitchfork, the 0.5 line also flipped multiple times being support and resistance. Zooming in on the price action since the December 2024 high, we can examine the Fibonacci retracement and how it aligns with the pitchfork, supply zones and a fair value gap (FVG). At the time of this writing, we are about 5 hours away from a pretty bullish weekly candle about to close above the 0.236 Fib with the first significant volume increase since the week of February 24th. The next Fib levels are potential resistance levels. The 0.382 and 0.5 Fibs fall within the first supply zone. The 0.786 and the final 0.886 Fibs fall within the second supply zone. The most bullish artifact on the chart is the weekly FVG. These gaps tend to be filled and the one we have here borders the 0.618 Fib. Moreover, the pitchfork 0.5 line falls withing this FVG. If the FVG will be completely filled during a rally in the next few months, the price will break above the pitchfork 0.5 line and hit the resistance at 0.618 Fib. If the price breaks the 0.618 Fib the next resistance area will be composed of the second supply zone, 0.786 and 0.886 Fibs and R1. Once this resistance area is cleared and price breaks above the December 2024 high at 147$ it can challenge the Schiff pitchfork median line with price targets at 180-190$ depending on when it will be hit. The median line is expected to be a major resistance, especially since it will be the first touch hitting it. If broken, the modified Schiff pitchfork gives targets at 230-250$ depending on when it will be hit. For completeness, a quick look at the RSI and SRSI. RSI is around 43. SRSI is about to cross bullish ( [ending the weekly close) and still needs both the fast line and slow line to cross 20 for a complete bullish signal. No altcoin analysis is complete without examining the BTC pair. LTCBTC had last week the lowest weekly close since the week of November 4th 2024. In the RSI this resulted in the first instance of a bullish divergence since the LTC significantly outperformed BTC in November 2024. A similar bullish divergence happened leading into the week of November 4th 2024. However, note that since January 2024 LTCBTC made lower lows while most of the time the RSI made higher lows. Therefore, we can observe a continued period of weekly bullish divergences since January 2024 but it only unfolded into significant outperformance in November 2024. So, the bullish divergence is clearly bullish but it is hard to tell if it will result in LTC outperforming BTC in the near or far future. The SRSI is oversold but I wouldn't build too much on that. Also, not shown, LTCBTC MACD and LMACD are clearly crossed bearish. To sum up, LTC seems to have a clear path to the upside if the BTC bull run continues. As for whether or it will outperform BTC, it is hard to tell.
Long
by t3rmin4t0r
4
Short-Term Short Position LTC/USDT🔥 LTC/USDT – Approaching Key Short Zone Litecoin (LTC) has formed a rising wedge structure after rebounding sharply from local lows. Price now faces a critical short zone near 81.62 - 84.16, where sellers could potentially step in if LTC fails to break above with conviction. 🟣 Zone to Watch “Possible Short Zone” (in purple) — a high-probability entry area for short trades given the overhead resistance and wedge convergence. Entry Points: Entry 1: ~81.62 (initial level within the wedge) Entry 2: ~84.16 (upper boundary, near resistance) 📉 Momentum & Setup Chart Formation: The rising wedge implies potential exhaustion of bullish momentum if price fails to continue upward. A break below wedge support often signals a bearish turn. Volume Consideration: Look for a sell-volume uptick or a clear rejection around Entry 1 or 2 or within the short zone to confirm a likely reversal. 🟢 Take-Profit Zones ✅ TP1: ~79.25 ✅ TP2: ~75.08 ✅ TP3: ~69.55 ✅ TP4: ~63.53 (Extended downside if momentum persists.) ❌ Invalidation Level: 87.30+ (A strong close above this level indicates a breakout from the short window) 🧠 Narrative This setup showcases a potential bearish retest, as LTC’s swift rebound has led price into a narrowing wedge. If buyers fail to push beyond 81.62 – 84.16 Savvy traders may anticipate a correction. A volume-backed rejection in this zone could send LTC back toward its lower support levels. 🎲 Market Context Monitor broader market sentiment and Bitcoin’s performance; a strong BTC rally could invalidate downside expectations. 📌 Risk Management Position Sizing: Trade responsibly according to your risk tolerance. ❌ Stop-Loss: Place it above the invalidation level (e.g., around 87.30+ to mitigate unforeseen breakouts. Reevaluate if the market shows signs of bullish continuation beyond the wedge.
Short
by CryptoSheykh
2
Forming Bearish Head and Shoulders PatternWelcome to today's analysis! Let’s break down the current price action on CRYPTOCAP:LTC and potential trade setups. 🌐 Overview: CRYPTOCAP:LTC Forming Bearish Head and Shoulders Pattern 📈 CRYPTOCAP:LTC is currently forming a head and shoulders pattern, which is typically bearish and could indicate a potential downward move. 🔄 Current Scenario: CRYPTOCAP:LTC has formed a left shoulder, head, and is now developing the right shoulder. The purple neckline is a key support level to watch. A break below the purple neckline could signal a bearish continuation and a potential move toward the green line target level. 🔑 Key Levels to Watch 🔴 Neckline Support: Purple Neckline (Key level to watch for a breakout) 🟢 Target: Green Line Level (Measured move equal to the distance from the head to the neckline, projected downward from the breakout point) 🛠️ Trade Scenarios 📌 Bearish Scenario (Breakout Below Neckline) If CRYPTOCAP:LTC breaks and holds below the purple neckline support, it could move toward the green line target level. This breakout would confirm the head and shoulders pattern and suggest a potential downward trend. 📌 Bullish Scenario (Failure to Breakout) If CRYPTOCAP:LTC fails to break below the purple neckline and instead moves higher, it could retest the resistance levels within the pattern. A failure to hold below key resistance levels could indicate a potential reversal or further consolidation. 📌 Conclusion CRYPTOCAP:LTC is forming a head and shoulders pattern. A breakout below the purple neckline support could signal a bearish move toward the green line target level. If the price fails to break out, further consolidation or a retest of resistance levels may be necessary
Short
by WaveRiders2
LiteCoin (LTC) - Chart reading with Weis Wave with Speed Index Lesson 15 Methodology: 1. Largest up volume wave at the bottom after while (probable buyers but let's confirm using AVWAP and Weis Wave with Speed Index and it's Plutus Signals. 2. Placed AVWAP at the beginning of the previous down wave and wait for price to pullback to it. 3. Price Respects AVWAP. 4. Abnormal Speed Index 40.8 is a sign that price has a hard time to move down. 5. Enter Long on PL signal. ... and up we go!!!! Target Fib area which was reached! No entries now - Fib could risky!
Education
by TradeTheVolumeWaves
LTC/USDT 1W ChartHello everyone, I invite you to review the current situation on LTC. When we enter the one-week interval, we can see how the price is struggling to return above the upward trend lines. Here you can see how the current rebound is going towards resistance at $ 82.82, then resistance is visible at $ 95, but an important resistance point will be around $ 115. Looking the other way, you can see that the price has gone below the support level at $ 70, however, we could see a quick rebound, in a situation where the price continues to go down, the next very strong support is around $ 50. It is worth looking at the RSI indicator, which shows another descent in the week interval to the level where we could previously see strong price rebounds, which could potentially repeat itself.
by cryptodailyuk
1
LTC Mid Term Analysis As far as I can see, Litecoin is still moving within a wide channel that has remained reliable for years. If you ignore the volatility and short-term fractals, Litecoin has consistently provided profits to early investors who were patient enough to wait. Before this summer, I anticipate that LTC will reach at least $100 to $106. The main target should be much higher, but predicting the future is a bit more difficult at the moment. Due to new U.S. policies and other fundamental events, the target price should be kept at moderate levels for now.
Long
by vs_sayin