LTCUSDTThe moving averages gave two conformations and an entry signal for a sell, take profit is in the zone below.Shortby WavetrendtradingUpdated 1
Exciting Breakdown for Traders: Exploring Litecoin (LTC)Exciting Breakdown for Traders: Exploring Litecoin (LTC) Litecoin (LTC) is currently trading at $101.04. In terms of other cryptocurrencies, LTC is priced at 0.0032 in Bitcoin and 0.05050 in Ethereum. The price has experienced a 1-hour range of $99.31 to $104.18 and a 24-hour range within the same boundaries. The real volume of LTC traded over the past 24 hours amounts to an impressive $589M, with reported volume slightly higher at $619M. The volume overstatement ratio stands at 1.0, indicating accurate reporting. The volume turnover rate for the past 24 hours has reached 7.95%. Litecoin has demonstrated impressive returns on investment (ROI) over the years, showcasing its potential as a valuable asset. In 2020, LTC recorded a staggering ROI of +199.07%, and in 2017, it skyrocketed by an astonishing +4974.24%. While 2018 witnessed a decline of -86.64%, Litecoin remains an asset to watch closely for potential gains. Risk assessment is crucial for traders, and Litecoin showcases favorable risk metrics. The Sharpe ratio, which measures risk-adjusted returns, stands at 3.42 for the past 30 days. Over the past year, it has been consistently positive, with a ratio of 1.30. Volatility has been relatively moderate, with a 30-day volatility index of 1.17. The reported marketcap for Litecoin currently stands at $7.41B, while the outstanding marketcap is slightly higher at $7.45B. The realized marketcap, reflecting the value actually experienced by investors, is $6.96B. Over the short term, LTC has experienced a minor decrease of -0.24% in the past 24 hours. However, the coin has shown strength over longer periods, with gains of +3.20% in the last 7 days, +38.60% in the last month, and a notable +97.72% over the past year. These figures highlight the potential for favorable returns. Litecoin reached its all-time high (ATH) of $410.14 on May 10th, 2021. Since then, it has retraced approximately -75.36%. However, it's essential to note that LTC has rebounded strongly from its cycle low of $40.56 on June 14th, 2022, achieving an impressive +149.12% increase since then. Litecoin boasts a current circulating supply of 73,346,939.23 coins, with an outstanding supply of 73,355,958.26 coins. The active supply indicates vibrant market participation, with significant amounts of LTC actively traded over different time frames, ranging from the past 24 hours to the past 10 years. The supply distribution showcases a diverse ownership structure. Litecoin's mining network exhibits a hashrate of 0.81 kH/s, with approximately 8.76% of the hashrate available on NiceHash. The average difficulty level stands at 25,873,511, indicating the competition among miners. The Litecoin network boasts 8,651,345 addresses, reflecting widespread adoption and usage. Notably, there are 116 addresses holding a balance greater than $10 million, demonstrating significant institutional participation. The number of addresses with a balance above $1 million, $100,000, and other thresholds further underlines the coin's wide ownership. Network Activity Litecoin's network exhibits a bustling transaction volume, with $1.34bn in transactions conducted over the past 24 hours. The number of transactions and block-related statistics showcases the active engagement of participants. Litecoin's Strength Amidst this exciting breakdown, it's crucial to note that Litecoin is exhibiting real signs of strength, with positive returns, favorable risk metrics, and a robust level of network activity. The coin's historical performance, coupled with its current market indicators, make it an asset worth considering for potential trading opportunities. Remember, as with any investment, it's essential to conduct thorough research, analyze market conditions, and consider your risk appetite before making trading decisions. Happy trading!Longby DaCryptoRaccoonUpdated 1
LTCUSDT: Movement for 100$According to Elliot's theory, we are now completing the 5th wave (a, b, c), which from the current values ββcan bring a potential 10% increase. The targets of wave 5 (b) are indicated on the chart. Good luck and profit to allβ If you like it, subscribe and like.Longby Your_TrendUpdated 7
LTC - Buy opportunityBINANCE:LTCUSDT Hello trader! I am glad to share my idea about this pair. Just remember to manage your capital while trading. No matter how perfect your trading system is, the way you mange your risk is the key to be a consistent trader. The winning trader is always a consistent trader. Daily: Price is retesting strong support area. Expected to bounce from here H1: Price is already breakout from trend line and now it is coming back to retest. Time to buy Longby Trading_Zone_3773Updated 2218
LTC/USDT SHORT IDEAthere was a fakeout on the daily timeframe and now it is at its strongest resistance again, if rejection occurs there is likely to be a significant decline and has the potential to return to supportShortby AymanTS115
Litecoin looks strong after breaking key MAsBINANCE:LTCUSDT The long tail on Litecoin's July 10 candlestick indicates that the bulls aggressively bought the dip below the 20-day EMA ($95). To signal the beginning of a sustained recovery, buyers will need to overcome the barrier at the psychological level of $100. Subsequently, the LTC/USDT pair could advance to $106 and then aim for the overhead resistance at $115. On the downside, the critical level to monitor is the 20-day EMA. If this level fails to hold, the pair may decline to the 50-day SMA ($89), potentially delaying the start of the next upward movement.Longby TradeViewDemiGod4
β« LTC usdt - Weekly β«π΅ #LTC usdt β° 1W βͺ As you can see, the price has broken dynamic resistance and static resistance. If fixed above $100, $130 is available. π΄ Support and resistance are shown in the chart. ---------------------------------- π Follow the market trend and decide to buy or sell. β οΈ (This isn't a signal for buy or sell) β οΈ .......................................... πΈ Analyzed by : Parisa_Alipoor ..........................................by parisa_alipoor13
LTC Long plan / 4HR TIMEFRAMEAfter falling wedge broken upside in 4hr tf , there is a inverse head & shoulder formation which is also confirm more bullish if break above also LITECOIN Halving is near so its a good buy now for midterm holding ,atleast 14+% pump expectedby Cryptography0G8
Buying $LTCBuy some CRYPTOCAP:LTC (spot) bullish divergence in 1H TF, we have a bearish OB of 24% liquidity in the 96, but I think that with the proximity of its halving it is possible to look for $134.Longby punkchainer32229
LTC/USDT.P Trading IdeaGlobal point of view about LTC. Here we see the range with deviation at the top, looks like we will have a down trend in the future.Shortby OlegMalii3
ready to longDO NOT FORGET USING A STOP LOSS Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. I hope you are always profitableLongby Nima_aj2
Ltc break and retest of wedge/supportConfluence (1) Ltc break and rerest of wedge Confluence (2) previous resistance turn support Confluence (3) Fib golden ratio And more important it has a good risk to reward ration if invalidiation happen got out with minimal stop loss ! Longby immiboy6
LTC/USDT looks weak on 4hr chartHey traders π Another coin that caught our attention here is LTC coin with a good potential for a drop to happen. We see that BB indicator is ready for turnover to happen and RSI is still in the process of that! We would like to lead your attentions to 200EMA from where we had sharp rejection! Now if we will go for another test there we will most likely break it! If we see this kind of struggle more then there is a good chance for a drop to happen! 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.Shortby SwallowAcademy778
LTC Short IdeaWith the markets range bound, there is a idea here to take price back down since we've taken out the range high. Invalidation is a new higher high from here. Stop losses likely on the way down are plentiful. Shortby PHundal225
Litecoin LTC longLitecoin halving countdown... Stochastic RSI oversold (D) Bottoming tailbar Price above 20 MA and 200 MA A daily close above 98.2 is bullish and could be a good entry I think the stage is set for a LTC-run before the halving. With some support from BTC it could be huge and a fast run. I see the first target at 113. Longby TaTaTaCrypto7
Litecoin longLitecoin bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 113.25 is expected to happen.Longby Cryptobees_buzz13
LTC USDT 240 KUCOIN:LTCUSDT Analysis is simple and without any intermediate indicator, except for the volume indicator and the furniture of static resistors formed in the chart, and it is expected that after breaking the specified limits to the highest ceiling of the specified Longby fibo_ss1
Litecoin: will there be a rally?LTC | USDT Situation overview: 1. We are still in a great buying zone on the spot market. Any drop into the green zone is a buy. 2. The old resistance level has become a support level. 3. there is an accumulation for a hike higher, the minimum to the values of $122 - $130. 4 Trading futures from green zones with a decrease in volatility with a stop order of 3%. If you do not know how to work with futures, take the spot.Longby DigitalCapital_Updated 6
LTCUSDT to hit weekly support and bounceThe price hit the monthly and weekly resistance confluence MR1+WR1 and got rejected from there. Currently the price is facing pullback due to that rejection. Next signifiant support is the weekly support where the price is likely to be headed. I expect the price to touch this weekly support zone for a good bounce. By the way, prospect of this one is looking good as it has pushed itself up strongly and moved beyond the downward trend line. The next strong support level is weekly support WS2.Longby angela_altairUpdated 9
LTC/USDT Review 4H Analysis Hello everyone, welcome to the LTC review on a four-hour interval. Currently, with the help of blue lines, we will mark the downtrend channel, from which the price is fighting for an upper exit. Now let's move on to marking the support spots for the price and we see that the price is currently holding a very strong support at $94.76, however when it leaves the support below, we can see a drop to the second support at $82.24. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first resistance is at $99.53, then we have the second resistance at $104.49, and then price needs to break a strong resistance zone of $108 to $112. The CHOP index indicates that most of the energy has been used, the MACD is struggling to return to the local uptrend, while the RSI is moving in the lower part of the range, which may also affect the reversal of the uptrend.by cryptodailyuk10
LTCUSDTLTCUSDT is respecting well the inclining trendline and currently trading at 60% fib retracement level. Will the price bounce from this demand zone.by JustTradeSignals2213
Wait for #LTC to reach $130 first, and then short it to 34 $You are reading absolutely right. According to my analysis, this is a complete cycle. First, wait for LTC to reach $120-$130, and then there is a possibility for it to go down to $40-$34. I have already conducted an analysis of LTC before, which you can check on my profileShortby ShashvataTrading3
Litecoin LTCUSDT Price Analysis (4h)Greetings, fellow traders and investors of @TradingView ππ Let's delve into the analysis of Litecoin (LTC) and explore its recent price action on the rising trend. πβ¨ Over the past 30-day period, Litecoin has displayed a consistent upward movement, indicating a well-defined rising trend. Upon closer examination, we can observe the formation of an Elliott Wave pattern, specifically the 1-2-3-4-5 wave structure. This pattern suggests a completed impulse wave and indicates a potential period of consolidation for Litecoin. π It is crucial to understand the Elliott Wave theory and its application in technical analysis to grasp the potential implications of this pattern fully. Further insights can be found in comprehensive book Elliott Wave Principle: Key to Market Behavior by Robert R Prechter. π As Litecoin enters the consolidation phase, we anticipate a potential pullback towards the support zone in the range of $85 to $90. This area is a critical level where historical price action suggests strong buying interest and the potential for a rebound to the upside. π However, it is essential to approach trading and investment decisions with caution. Market conditions can be dynamic and subject to unexpected changes. Setting appropriate stop-loss order and employing risk management is crucial to protect capital effectively. ππ©βπ«π¨βπ« Stay informed and up to date with the latest market analysis and trading strategies by exploring our comprehensive resources on various trading concepts and techniques: by Vestinda4412