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LTCUSDT trade ideas

LTC/USDT 1DInterval ChartHello everyone, let's take a look at the LTC to USDT chart on a one-day time frame. As you can see, the price had a dynamic decline and a temporary descent below the upward trend line, but has now returned to the trend line level. Let's start by determining the support line and as you can see, the price dropped and quickly returned to support around the level of $77.74, then there is an important support level at $68, and then a very strong support level at $56. Looking the other way, you can see how strong the resistance level is again at $92.5, which may stop the price from rising again to the resistance zone from $102.5 to $115. Looking at the RSI indicator, we can see how we remain in a downward trend and the confirmation of a return to the downward trend, while the STOCH indicator bounced off the lower end of the range with room to give a greater increase in the current price rebound.
by cryptodailyuk
Litecoin LTC price is preparing a surprise for us?)Today, let's talk about Litecoin. Once upon a time, CRYPTOCAP:LTC was called "silver" of course after CRYPTOCAP:BTC "gold", and gave more hope and prospects for CRYPTOCAP:LTC than CRYPTOCAP:ETH at about the same then price of $6-9 per coin :) Now the "conspiratorial talks" around Litecoin are resuming again. As if the chance that LTC ETFs will be the next to be accepted is higher than ETH ETFs. This is attributed to the fact that LTC has the same halving cycle as BTC, and in general, they have more in common than BTC and ETH. Do you believe this?) Write in the comments. Now, what do we see on the #LTCUSDT chart? - The price has been holding up quite well lately, so if it stays above $100, there will be a good chance for continued growth to $130-140 - If the correction in the crypto market continues with greater force, then LTC could fall to $70 In general, the #LTCUSD price is moving very "hard" and trades are taking a long time to work out But that's the price for low-risk and low-volatility trading. But if you believe that the LTC ETF will be next, then buying LTC in the range of $70-80 with the prospect of rising to $250 or even $295 is a good idea. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
12
LTCUSDT investment ideaHi traders, Let's have a look at LTCUSDT chart on weekly timeframe. The price remains above the upsloping support and it seems that there's a lot of support horizontally as well. We expect the price to increase from where it's now or drop 10 % to retest the upsloping support line one more time. Overall, we expect the price to go much higher in the next months. We have 3 targets which are shown on the chart. If the price drops lower, it may retest 40 $ or even 20 $ but it will be a great opportunity to load up on Litecoin for the long-term investment.
Long
by vf_investment
1
LTC/USDT in the crucial area need to bounce for back to upward!💎 Paradisers, the recent market movements of #LTC have certainly drawn attention. LTC finds itself at a critical juncture, teetering on crucial support. 💎 A successful bounce from this support could reignite upward momentum, potentially leading to a retest of strong resistance areas. 💎 However, should LTC fail to find support and breach both the critical support level and the support trendline, it would signal a concerning shift toward downward momentum. Such a scenario could prompt a descent towards key support areas to establish a new trajectory. 💎 Upon reaching these critical support levels, a decisive bounce is imperative for LTC to reclaim ground and reignite upward momentum. Reclaiming the price above the $80 support area would be pivotal for LTC to resume its upward trajectory toward our target. 💎 Should this scenario falter and LTC breach the key support level, it would likely prolong downward momentum, leading to further declines. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
NO ONE IS TALKING ABOUT LITECOIN UNTIL THIS HAPPENS - SCENARIO 1 For now, Litecoin seems like a forgotten coin until this happens just like I posted BINANCE:SHIBUSDT (see analysis below) few months ago before the breakout of the range we see recently, such I think will be the case of KRAKEN:LTCUSDT . I have few just two major scenario and this is the first one. According to Elliot Wave Theory, looking at the chart for this scenario it seems like we will be breaking out of this range in coming weeks or late next month (May). Litecoin is very different from other ALTCOINS it is kind of stable and goes at it own pace. more reason why I believe more in this scenario following it journey in the ASCENDING CHANNEL. (see other scenario on page) OTHER ANALYSIS
Long
by DewyCandles
5
LTC - BIG NEWS : THIS Last Happened in 2020📈📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators! We observe the bullish cross on our technical indicator; a bullish cross that lead tot he parabolic cycle in December 2020 (there hasn't been one since). I used this exact method to call the start of a new BTC bullish cycle. Find it here: From a trendline analysis as well as moving averages, we get a support zone around $80. The price may very well wick towards this zone and STILL remain bullish. Remember that as BTC trades sideways/range, we may see rallies across altcoin markets. I've created this post to give you a better understanding of the rotation between BTC and Alts: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:LTCUSDT
Long
by CryptoCheck-