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LTCUSDT trade ideas

LTC still in accumulation phase LTC halving has just happened on 2nd August 2023. Compared to the previous halving in 2019, prices are similar but LTC's bases of today are more solide: trippled total adresses , doubled active adresses, doubled hashrate. In my opinion, LTC is still in an accumuation phase in a big range $58-$114 and this would continue for months, maybe until the next halving of BTC. This range with some remarkable events (following Wyckoff method) is presented in chart. I'll base on this plan for potential setup. ------------------------- Litecoin (LTC) is often referred to as the "silver to Bitcoin's gold" due to its similarities with Bitcoin (BTC) in terms of technology and functionality. Litecoin is an open-source project and operates on a decentralized network using blockchain technology. Key features of Litecoin include: Blockchain Technology, Scrypt Algorithm, Faster Block Generation (4 times faster compared to Bitcoin), Fixed Supply, Segregated Witness
by evasivesteering
4
Here I buy Litecoin at $120Here I buy Litecoin at $120 I was watching the order books and a sell wall suddenly appeared at $120 before my eyes. So now I'm buying litecoin at $120 On the spot market. No need leverage on altcoins. Leverage on Bitcoin and Ethereum only. And Litecoin major supply shock is getting triggered Crystal clear. From the same director that triggered Bitcoin and Ripple supply shock TRIGGERING LITECOIN SUPPLY SHOCK NOW. IN THIS MOMENT AT $120 you know, I'm a versatile trader and I have a sensitive heart. They often say no one knows what's going to happen Until I show up and make them swallow their words I always feel their emotions Their denial and their confidence. Their laugh reactions and their love reactions. I feel their sentiment about the market with negative balances and broken heart And then I come to save them before they fall apart The countdown has just begun. LOS ANGELES, CHICAGO, NYC Leftists ruined them THE ONLY ONE LEFT NOW IS MIAMI. You better stay away from Miami. I'ma save Miami from cockroaches
Long
by btcbullshark
Litecoin Pre-2025 Bull-Market Accumulation Zone & StrategyLitecoin is ready... In late 2020, Litecoin hit a low of $41. (In early 2020 the low was $25.) Litecoin peaked at a high of $413 in May 2021. Let's do the maths for these two lows... 1) From 41 to 413 = 907% total growth. 2) From 25 to 413 = ~1550% total growth. In mid 2022, Litecoin hit a low of $40. In August 2024, Litecoin hit a low of $49. ➖ From June 2022 through August 2024, we have a 784 days long accumulation phase. Litecoin is preparing for a major bull-market; a major, huge, big, bullish wave. Litecoin is ready and the accumulation zone is now active. It is a big range, as usual, and soon you will understand why. We are defining Litecoin's accumulation zone price range as, $40-$65. Or it can be wider: $30-$70. It is a wide range because growth potential is huge. Crypto is very volatile as the market is still relatively young. We are looking at a long-term higher low, currently, but this can change. With this higher low in place, it implies a higher high next. A new all-time high in 2025. Litecoin's ATH potential can go beyond $1,000, which is huge, considering the price at which the project trades now. That would be around 1,600% growth potential or 17X. Now, smaller projects have higher potential for growth but at the same time, higher risk and volatility. Bigger projects have smaller potential for growth but at the same time, lower risk and better stability; see how that works? And this is all without leverage... When using margin/leverage, the whole game becomes 5D. Just 2X, which is low risk, can make a huge difference... I will share some lessons on how to approach this market with leveraged trades in the future. For now: No leverage, no margin = no risk. You are not trading, you are just buying a token, an altcoin, and that's how it goes. The risk is there only if you decide to trade. Before engaging in more advanced trading, it is very wise to first become successful in spot trading or in the least be aware of the major losses that you will incur while you learn the other system, and you can become addicted along the way. It is not guaranteed that you will learn to win with leveraged trading. It can happen that you become an addict and a loser until you finally quit and that's it. If you can't make money slow, you won't be able to make money fast. If you can't appreciate the small wins, you won't be able to grab the big ones. It is very complex because it is all psychological. An entire volume would be required to explain the psychology of trading successfully. Anyway, Litecoin is ready. You know the strategy; buy and hold. Think of the long-term... Prepare for a nice and long two years wait. We expect/hope that the market will move in one year but we prepare for two. The only way to lose is to not have a plan or lack patience. If you plan ahead and develop patience; you won. Thank you for reading. You are appreciated, truly. Namaste.
Long
by AlanSantana
2
Bullish Breakout Alert: Litecoin Targets $88.64After the dip in early August, Litecoin established a clear channel, moving consistently with higher highs and higher lows. The price has risen steadily from around $55 up to the $76 mark. The current structure suggests strong bullish momentum within this channel. If Litecoin manages to break out from the upper boundary of this channel, it may test the next major resistance level near $88.64. This breakout could present an upside of about 14%, targeting a price of around $88.64. However, a failure to break out might lead to a retracement back to the channel’s lower support line.
Long
by TheCryptoCity
LTCUSDTLitecoin (LTC) has been showing a mixed trend recently, with periodic ups and downs. Technical Indicators Moving Averages: 50-day Moving Average: Currently showing a slight upward trend, indicating short-term bullish momentum. 200-day Moving Average: Also trending upwards, suggesting long-term bullish potential. Relative Strength Index (RSI): The RSI is currently in the neutral zone, indicating neither overbought nor oversold conditions. MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, which is a bullish sign. Support and Resistance Levels: Support Level: Around $60. Resistance Level: Around $100. Fundamental Analysis Market Sentiment: The overall sentiment for Litecoin has been positive, with increasing adoption and interest in the crypto community. Regulatory News: Any regulatory changes or news affecting cryptocurrencies can have a significant impact on Litecoin's price. Adoption and Partnerships: New partnerships or technological advancements can drive demand for Litecoin. Prediction Given the current technical and fundamental indicators, Litecoin (LTC) has the potential to show bullish trends over the next 6 months. However, it's important to keep an eye on market conditions and news that could impact its performance. Always remember, cryptocurrency markets are highly volatile and unpredictable. It's crucial to do your own research and consider consulting with a financial advisor before making any investment decisions.
by Numm3rr
1
LTC/USDT 1D interval chart reviewHello everyone, I invite you to a quick review of the current situation on the LTC to USDT chart, taking into account the interval of one day. As we can see, the price moved sideways from the downward trend line, which resulted in dynamic upward movements. Currently, we can see how the price has bounced off the very strong resistance zone from $106 to $113, only when we manage to move up from this zone will we be able to see an upward movement towards the resistance at $142. Looking the other way, we can see support at $92, then we have a visible level at $82, if the price continues its downward movement, strong support will be found at $68.
by cryptodailyuk