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LTCUSDT trade ideas

LTC Under Pressure 📉, 24H & 1-Week Horizons Cloudy ☁️Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Litecoin, Ethereum, Cardano, Uniswap, and Polkadot may come under pressure. Chainlink bucks this negative trend and has upside potential, according to ATTMO. Over a one-week horizon, the bearish trend will continue to linger over the crypto universe, except for Bitcoin, Polygon, and Chainlink. Slightly bullish sun ☀️ will shine over this trio, indicating a possible upside in their prices. Follow us for more crypto weather reports!
by ATTMO
LTCUSDT at monthly support, likely to bounce soon.The price has been going down since it hit the monthly resistance MR1 a few months back. The price came back to monthly support and bounce from there. Now it is experiencing a pullback from that bounce and the price is currently trading at weekly support WS1 which is also close to monthly support MS1. I think the current setup is offering a good long opportunity on high time frame. The last monthly candle close has been bullish and indicates that the current or next monthly candle is going to be a green one. The price is also at the support level which is providing a good confluence. Some indicators are also indicating the direction for the price to be up side in the coming days. There can be a bit of dip into the MS1 but not necessary. Overall it is looking good for a long on high time frame.
Long
by angela_altair
LTC#LTC After Halving the price dumped pretty much and currently the coin is in the long accumulation period before the next big move #LTC is very perspective project / coin. I would recommend to buy this coin on Spot, because for Futures trading its very choppy right now. You can see on the chart 68$ price level, that currently will stand as a strong resistance. The coin was already dumping several times from that level before. So, until we don’t see the D close above 68$ - we can’t talk about bull trend continuation. But if it is so, then the coin can give good move until 100 - 104$ where we can see another bear reaction. (N.1) Only if the coin will keep consolidation above 110 - 112$ in this case there will be big chance to see the LTC at around 160$ where it has Monthly FVG level (n.2) Other wise, I expect to see continuation of consolidation between 68$ and 52$ levels. How long this consolidation will be - hard to say, depends on market conditions (n.3) If LTC breaks below last 52$ support in this case the price can drop towards to 25$ (n.4) Remember that this TA made on Weekly TF It can take weeks or 1-2 months for analysis to play out.
by vazitrades
LTC/USDT Looking Weak!Hey traders👋 LTC coin is next on our watchlist where we see a great potential for this coin to move to lower zones resulting in a potential 5% of market movement. Let's wait for good momentum here and ride the ride)) If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
5
LTC short - swing trade (update)LTC playing out pretty nicely so far. First partials taken and stops at breakeven. Will look to see how we play further from here. Overall trade should be interesting as we go along with the day. No need to chase it. We are playing it level to level. Overall LTC is still looking pretty heavy and bearish so let's see IF we get a continuation towards the downside. TP 65.15$ TP 63$ SL breakeven Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707
LTC short - swing trade Will look to short LTC between 64.95$-64.90$ looking for the liquidity towards 64.15$ and 63$. Overall pair is looking pretty heavy and bearish so let's see IF we get a continuation towards the downside. Hard stops and invalidation at 65.85$. Let's see how we play out from here. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707
2
LTC/USDT 4HInterval ReviewHello everyone, I invite you to review the chart of LTC in pair with USDT, on a four-hour interval. First, we will use the yellow line to mark the downward trend lines from which the price has gone up, while locally we can see that we are moving in a sideways trend channel. Moving forward, we can move on to marking support areas when we return to the correction. And here you can see that the lower border of the channel is also a support zone lasting from $63.28 to $61.97, but when we fall lower, we still have support at $60.10, and then support at $57.69. Looking the other way, we see that the price has reached an important resistance zone from $65.71 to $67.91, which it does not have the strength to break yet. However, if we manage to break out of this zone and the upper border of the channel, we still have strong resistance at $70.69. Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move. On the STOCH indicator, we are exceeding the upper limit, which may end the current upward movement and translate into a price recovery, while on the RSI indicator, there is still room for the price to grow.
by cryptodailyuk
3
LTC/USDT 4HInterval ReviewHello everyone, I invite you to review the LTC/USDT chart on a four-hour interval. As we can see, the price remains above the local upward trend line marked in yellow. At this point, it is also worth marking the first and currently second attempt to exit the moving average above 200, which indicates a return to the upward trend, but now the price must remain above the blue line. When we unfold the FIb Retracement grid, we see the first support at the level of $66.24, then we can mark a strong support zone from $64.60 to $63.28, then support at the levels of $61.97, and then another support at the level of 60, $08. Looking the other way, we immediately see that the price has been rejected from the strong resistance at $67.95, and when it overcomes it, it must face another strong resistance at $70.74 before further increases. When we look at the CHOP index, we can see that the recovery affects the gathering of energy, the STOCH indicator shows that despite the decline, the recovery creates room for stronger upward price movements, while the RSI indicator has not reached the upper limit, which may indicate that the price will try to increase again when BTC will stay around $28,000.
by cryptodailyuk
Ltc/usdt time frame : Daily hello friends I predict that we will see a decline in the price of most of the crypto market currencies in the future, which will bring them to their historical support levels. Let's check the LTC daily time frame chart: As previously discussed, I think we will see a price drop for Litecoin. This price decline can be after a relatively strong upsurge to the $78 price range or by breaking the bottom of the triangle directly. I think the first and second target is the price range of $37-47. I am not a holder myself, but I think these ranges can be a good step for my friends who are holders to buy.
by mohsenimr
1
LTC : Added to the holdingsI anticipate that the cryptocurrency market may experience further challenges in the foreseeable future. However, my approach is to employ dollar-cost averaging at opportune buying levels, contingent upon the price movement within those ranges. I intend to adopt a more aggressive buying strategy in the event of a global market downturn, including a potential decline in the Nasdaq. Until such circumstances arise, I will continue to incrementally increase my holdings, adhering to a dollar-cost averaging strategy. This is going to be my approach for all the major coins that I'll be buying in the near future.
Long
by Sniper-Traders
1
LTC/USDT Will It Drop More? Hey traders👋 LTC coin has been in a sideways tunnel for some time now while also pressing on that 100EMA which seems to be weakening there with time! We are aiming here to see the price to reach those lower zones (specially $62.50) If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
9