Litecoin shortLitecoin bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 68.5 is expected to happen.
LTCUSDT trade ideas
The price might move downwardThe trend of Litecoin is upward, consistently forming ascending patterns and gradually increasing.
A large ascending channel has been identified, and Litecoin continues its upward movement within this channel.
One key scenario involves the potential breakout of this channel. If Litecoin exits the channel and then pulls back to it, the price might move downward.
LTCUSDT Elliott wave countLitecoin bullish sequence in 5 waves, wave ((i)) started from 40.29 low to 115.05 high favors more upside.
Wave ((ii)) pullback ended 55.00 low.
Leading diagonal started from 55.00 low to 113.00 high for wave (i) of ((iii)) followed by a pullback started from 113.00 high to 67.28 low, a complex correction for wave (ii).
Above 67.28 we are looking to the upside for wave (iii) of higher degree wave ((iii)).
Clearing 89.67 will add more confidence that wave (iii) is unfolding.
Possible target for wave (iii)) 200 - 215.
Litecoin is approaching a decent resistanceHey Traders, in today's trading session we are monitoring LTCUSDT for a selling opportunity around 73.00 zone, Litecoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 73.00 support and resistance area.
Trade safe, Joe.
LTC CLEANEST TRADE SETUPLTC has formed one of my best trading setup. It did CHoCH and shifted into bullish. As its has been turned bullish so we will look for longs. There is OB+FVG+SSL setup and possible longs.
Litecoin shortLitecoin bounced off the 0.5 Fibonacci retracement level. Bearish movement is likely to continue and reach the 67.7.
LTC travel channelLitecoin (LTC) could potentially drop to $60 or lower, contingent on Bitcoin's price movement. However, this presents a prime opportunity for Dollar-Cost Averaging (DCA). A new all-time high (ATH) for LTC is likely on the horizon. As the second oldest cryptocurrency, Litecoin could experience remarkable growth, making the current price levels seem trivial in hindsight.
Litecoin, alongside Bitcoin Cash (BCH), constitutes one of the largest holdings in Grayscale's crypto portfolio (BTC: $18B, ETH: MUN:10B +, ETC: $200M+, LTC and BCH: around $130M each). This substantial investment suggests that LTC and BCH could be strong candidates for ETF listing. Unlike Solana, with $60M+ holdings and regulatory uncertainties, Litecoin is not classified as a security.
If Litecoin were to be included in an ETF, we could potentially see its price soar to $2,000 or more. Without it ($800-$1600)
LTCUSD Litecoin a Short selling crab market like BItcoinThe cryptocurrency is moving up again, but it will most likely end up in a "crab market."
The term "crab market" is a state where an asset's price moves sideways without significant upward or downward trends.
So do BTC and Litecoin
Bias for both currencies bearish
Rising proces and ralley will be traps: Rising prices with decreasing volumes that will be caused by scalpers, or posers...This short term rallies should be used a higher potentiall of short selling.Falling prices with higher bearish volumes...The bullish moves will be difficult and very slow.
Strategy Short selling
I have marked the stops,and two trading strategy types: Lower Risk and higher Potential but you will need alot of patience to reach your entry.
Type 2 Higher pullback risk, but also higher Profit potential.
Also I have mared the entries, stops and profit targets that could be reached potentially
LTCUSDThe LTC/USDT pair currently trades at $74.77, positioning itself for notable bullish movements across various timeframes. In the near term, price targets are set around $90.00, reflecting immediate upside potential supported by strong technical signals and market dynamics.
Looking ahead to the medium term, targets extend to the range of $100.00 to $110.00. This forecast is underpinned by robust momentum indicators and bullish patterns suggesting sustained upward momentum.
For the long term, LTC/USDT could aim for $120.00, driven by favorable market conditions and ongoing adoption within the cryptocurrency ecosystem. Further out, targets expand to $150.00 to $180.00 by Q4, illustrating significant growth prospects backed by historical price trends and extended Fibonacci levels.
Investors and traders are advised to monitor key technical indicators, such as the moving average convergence divergence (MACD) and relative strength index (RSI), which affirm bullish sentiment and potential price appreciation. Risk management strategies should be implemented to navigate market volatility and optimize entry points aligned with support levels.
Continued vigilance on market developments and regulatory factors impacting cryptocurrencies will enhance decision-making processes and support strategic investment decisions
Litecoin analysisMy analysis of Litecoin for more than a year has not changed.. It must achieve the planned course, which was long delayed???
God is the only one who knows that it will happen at a certain time. We are waiting for it and perhaps we are very close to it according to market data!
Litecoin fractal in 5D timeframes.Litecoin's fractal is pretty interesting at the moment. Be careful what you wish for. #LTC
LTC/USDT Hold Trendline here and UPHello
If the market correction is near end and LTC holds this trendline then we might target 240
Check the volume on trendline . Every time is a big battle there
70/30 long here with under 45 invalidation
Litecoin will remain in this channelWe have a clear and straight channel for LTC, where it is currently hitting equal highs and lows. The current scenario suggests that Litecoin will remain in this channel for about a month, potentially moving towards the channel's upper boundary.
LTCUSDT 1D#LTC is moving inside a triangle and is now facing the daily MA200. In case of a breakout above the MA200 and the triangle pattern, the following targets are achievable:
$85.23
$89.78
$94.33
$100.81
$109.06
#LTCUSDT #1h (OKX Futures) Descending trendline breakoutLitecoin printed a dragonfly doji on 50MA support, looks bullish for the days to come.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (9.0X)
Amount: 4.8%
Current Price:
78.97
Entry Targets:
1) 78.32
Take-Profit Targets:
1) 81.98
Stop Targets:
1) 76.49
Published By: @Zblaba
CRYPTOCAP:LTC OKX:LTCUSDT.P #Litecoin #PoW litecoin.org
Risk/Reward= 1:2.0
Expected Profit= +42.1%
Possible Loss= -21.0%
Estimated Gaintime= 2-3 days
LTC PriceThe daily charts of Litecoin (LTC) trades in a closed range and showed indecisiveness between the bulls and bears
Litecoin longLitecoin broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 80.4 is possible.
Litecoin (LTC): Broke Strong Trend + Broken EMAsLitecoin has finally broken from the local trend and the branch of EMAs has been holding the price for some time now.
While we are in the early stages of breakdown, we are looking for further movement to lower target zones 1 and 2, so eyes are open for any further downward moves here!
Swallow Team
These ALTS can still EXPLODE - ALTSEASON 2.0Missed the rallies? Don't worry! Here's a list of alts that still has BIG UPSIDE Potential!
1) CROUSDT / OKX:CROUSDT
2) LINK / BINANCE:LINKUSDT
LINK is 53% from the FIRST TP point... and still an incredible amount of upside beyond this point:
3) MATIC / BINANCE:MATICUSDT
MATIC is about to retest a very important support zone for the third time, and a triple bottom would be significantly bullish (IF it holds):
4) Fantom / BINANCE:FTMUSDT
FTM seems bearish for the short term, but it's over 400% away from the previous ATH! There great upside potential her is you have some patience. I'd be looking to buy in the yellow zone:
5) Litecoin / BINANCE:LTCUSDT
And last but not least, Litecoin as seen on the front chart. LTC is about to re-enter the accumulation zone, where it normally doesn't stay long - it could consolidate here for some time, but upside is usually the next logical step after Litecoin enters the accumulation zone.
Again, you may need some patience but if you're willing to hold you could score big time on these altcoins!
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LTC PriceThe daily charts of Litecoin reveal selling pressure and direct rejection from the top. Trading in the downside trajectory, Litecoin price is heading toward its make or break support of $75.
Long signal for LTC/USDTThis technical analysis is based on the daily chart of LTC/USDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels.
Price Channel Analysis:
The previous bearish channel is broken out, and a bullish channel is formed.
The suggested entry point is around 84.25 USDT.
Entry and Exit Points:
Entry: 84.25 USDT
Take Profit: 100.11 USDT (18.81%)
Stop Loss: 79.26 USDT (5.93%)
R/R Ratio: 3.17
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 3.17, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
Long position on LTCUSDT 8H / Trading SetupBINANCE:LTCUSDT
COINBASE:LTCUSD
Hello dear traders.
Follow for more analysis and positions.
Long position on LTCUSDT 8H
⏱mid-risk status: 2x - 5x Leverage
⚡️TP:
86.5
87.5
88.5
89.5
90.5
91-92
➡️ SL:
84
The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
