LTCThe price has risen to a zone of strong resistance at the weekly 100 and 200 EMAs. The price is in overbought territory on the 4-hour and 8-hour timeframes. $90 and the weekly 50 EMA are the nearest support levels in case a correction begins.by PUMPmaps1
LTC/USDT Technical Analysis: Halving Analysis Points to Bullish LTC/USDT Technical Analysis: Halving Analysis Points to Bullish Trends In this technical analysis of LTC/USDT, we will delve into the current price movements of Litecoin (LTC) and its potential for short-term and long-term gains. We will also discuss the upcoming halving event and its impact on LTC's price action. Please note that this article is for informational purposes only and should not be considered as financial advice. Conduct thorough research before making any investment decisions. Key Takeaways: LTC has experienced a strong bounce from its support level of $75 and is currently trading at $91, marking a 140% increase from the bottom. The bullish sentiment is reinforced by the anticipation of the upcoming halving event, which may drive LTC towards a $140 target, representing a 70% increase from the support level. LTC is currently facing resistance at the $98 level, but it is expected to break through soon and soar towards the $130-$140 range, which would be an ideal exit point for short-term investors. After reaching the resistance zone, LTC could undergo a significant correction, potentially retesting the $50-$60 range. This dip presents an excellent opportunity for long-term investors aiming for substantial gains. Looking ahead, LTC's long-term targets are projected at $300, $500, and $700, indicating its potential for significant growth during the next bull run. Analysis: LTC's recent performance suggests a bullish trend, supported by its strong rebound from the $75 support level. This positive momentum can be attributed to the forthcoming halving event, which is expected to enhance LTC's value proposition. With the price currently at $91, there is a possibility of a 70% surge towards the $140 target before the halving. Nevertheless, LTC faces a resistance level at $98, but market sentiment suggests a breakthrough is imminent. Once this resistance is surpassed, LTC could embark on a bullish run, with the $130-$140 range serving as an optimal exit point for short-term investors. However, it is important to note that after reaching the resistance zone, LTC may experience a significant downward correction. This anticipated dip could see LTC retesting the $50-$60 range, offering a favorable entry opportunity for long-term investors aiming for substantial gains during the next bull run. Conclusion: Based on technical analysis, LTC currently exhibits bullish tendencies, with the upcoming halving event serving as a catalyst for potential price increases. Short-term investors may consider exiting their positions in the $130-$140 range, while long-term investors can look to accumulate LTC during a potential dip around the $50-$60 range post-halving. With long-term targets projected at $300, $500, and $700, LTC presents an appealing investment opportunity during the anticipated bull run. Disclaimer: This article does not constitute financial advice. Always conduct your own research and consult with a professional advisor before making investment decisions. Follow us for more Quality Charts Analysis. Thank you.Longby CryptoPatel1119
LTC/USDT looking for the resistance! Hey guys 👋 LTC coin is the starter of the day where we see a nice triangle formation here on daily chart. We are waiting for price to reach the upper side of that formation in order to look for a potential short position. 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.by SwallowPremium338
it ain't no rocket science, sonLitecoin halving means price has to double to make up for itLongby CartoonPepper0
LTC SHORT opportunityLooks like LTC forming double top entry short area high probability for reversal movement on FVG area and orderbock (yellow) probabiliy gained about 34% if market support this plan Shortby Tradersjourney_9
LTCUSDT Daily Hi Guys Hope you well, Chart show you everythings , SecondChanceCrypto ⏰17/May/23 ⛔️(DYOR) always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment.Shortby Secondchancecrypto7713
LTC, TRI-MONTHLY CHART... on target to 200 levels come HALVING.LTC, accumulation and price growth this past few days has notably surpassed its 'bluechip coin' peers. As we speak we are now at 92 level area from the 80.0 a while back -- with the public anticipating higher valuation come halving which will come in 74 days. Expect a series of price ascend from here on -- targeting its previous peak at 200 with a breakout prospect till ATH levels at 480.0. Certainly, holders continue to add on their holdings as volume keeps registering above average levels. TAYOR Safeguard capital always.Longby JSAL2
LTCThe price has successfully broken above a significant resistance level, the weekly 50 EMA. There might be a potential retest of this level. If the upward trend continues, the next strong resistance level to watch out for is the cluster of the weekly 100 and 200 EMAs.by PUMPmaps3
LTC/USDT 1DAY UPDATE !!Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Litecoin (LTC) also moved higher in today’s session, with price climbing by as much as 7%. Following a low of 81.75 on Sunday, LTC/USD raced to an intraday high of 87.54 earlier in the day. This jump resulted in the token reaching its highest point since March 6, which is the last time LTC was trading close to the 90.00 mark. a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken. price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00. There is a strong possibility that litcoin could move above 90.00 in the coming days. Hit the like button if you like it and share your charts in the comments section. Thank you...by CryptoSanders95639
Litecoin longLitecoin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 94 is expected to happen.Longby Cryptobees_buzz113
LTC Long Dog (Daily) My overall sentiment remains bullish on LTC until the halving event. Although I initially experienced a loss when attempting to scalp (short term) the market from $79 down to $75 with 10x leverage between Thursday and Sunday, I decided to close the position at $82.5 and shift towards a long position. To recover some of the earlier trade losses (due to an exchange issue preventing me from utilizing 10x leverage), I entered a long position at 5x leverage, buying LTC at $82.5 and selling at $87.5. Currently, I am observing the market closely before making any further moves. I anticipate a potential retest of the downside trend line, which may present an opportunity for me to accumulate LTC at spot prices and initiate a low leverage position for long-term investment leading up to the halving event. Once LTC breaks the $100 mark, I plan to establish a more aggressive long position.Longby ReReckles0
LTC halvingLtc will pump by 200-300% in next 30 days Ltc will get to top price 50 days before halving in mid JuneLongby BigCryptoUA2210
LTCUSDT LTCUSDT was trading in downward channel. After accumulating volumes from demand zone, it finally broke through declining trendline. Will it continue its bullish trajectory?by JustTradeSignals116
LTC Correlation with previous ideas . Looking for us to enter the weekly cloud. Prevailingnine 5.15.23Longby Raindropas1
LTC: Approaching SupportLitecoin (LTC) technical analysis: Trade setup : Price got rejected again (3x) at $100-$105 resistance zone and pulled back to $80 support and 200-day moving average. So far it appears to be holding that level and could swing back up to $100 again. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high. Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, then $105.Longby altFINS5
🔥 Litecoin Bullish Triangle: Support Held!Litecoin has been in a long-term bullish trend since the FTX drop back in November of last year. As seen on the chart, there's a strong diagonal support which keeps on holding and sending LTC upwards. After the big drop a couple of days ago, the support has yet again not failed us. With a bullish reaction to the CPI I'm looking for a move towards the top resistance of the bullish triangle. Too early to say whether we're going to break out from it. All we can see is that LTC looks like a decent shot for a long-position.Longby FieryTradingUpdated 8840
Ltc Channel Range Ltcusdt Expecting a rejection on first resistance In my opinion ltc will fly after retesting the lower support Dyor Longby Crypto_Wolf32313
LTCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower (im in pos from 77.3,my stop in breakeven but if i get stop i will reopen,until we above 65 main targets 120-130 is relevant) Targets: 105 - 115 - 125 after first target reached move ur stop to breakeven Stop: ~66 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestionsLongby trytofeelpositiveUpdated 2220
#LQR #TOBTC #LTC Scalpe Resistance Areaat this moment LiteCoin are in Critical Zone PDC 81.50 however there a Fast Scalpe Area are in chart Around Price 86.11 - 87.41 you may add this level to you\r watchlist and use it wiselyShortby tobtctrading3
Litecoin - Scenarios To Watch 👀What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the Litecoin 1H chart. Let's dive right in... Ticker: LTCUSDT Date: 05/12/23 Timeframe: 1H Supply: 83.82-85.24 (1st red zone), 89.07-89.86 (2nd red zone) Key zone: 81.41-82.00 (grey zone) Demand: 75.18-77.74 (green zone), 65-67.58 (green zone) Commentary: LTCUSDT seems to be one of the few cryptos that have established a low on this move down and continues to respect demand down at these lows. This means it could be one of the tickers to play now that we have established new demand and supply levels. Currently it seems to be respecting this ~82 level grey zone as supply but if this 75.18-77.74 demand holds up it is only a matter of time that this zone gets broken. There are a few trades we could target from here: ✅ Bullish Scenario 1: you want to see price pull back into the demand zone ~75.18-77.74 and buyers to emerge again for an upside move, possibly into ~81.41-82 key zone or higher into supply at ~83.82-85.24. This is the safer upside play. ✅ Bullish Scenario 2: you want to see price break above ~81.41-82 key (grey) zone, pull back to retest this zone and turn it into demand to catch a break and retest for a further upside move, potentially into supply at ~83.82-85.24. ✅ Bullish Scenario 3: you want to see price rally and break both this key (grey) zone and supply level at ~83.82-85.24, pull back to retest ~83.82-85.24 zone and turn it into demand to catch a break and retest for a further upside move potentially into next supply at ~89.07-89.86. 🟥 Bearish Scenario 1: you want to see price approach this key (grey) zone at ~81.41-82, sellers to regain control as they have done since Wednesday this week, and possibly catch a retest of this zone into demand at ~75.18-77.74 again. This will be the safer downside play if it sets up soon. 🟥 Bearish Scenario 2: you want to see approach supply at ~83.82-85.24, show weakness, possibly retest this zone and reject again for a move down into the grey zone or further down into demand. 🟥 Bearish Scenario 3: you want to see price break below demand at ~75.18-77.74, pull back up to retest and turn this zone into supply for further downside into March lows. There is a demand zone at ~65-67.58 so be cautious of that. That's all we got for you in this one. So what do you think? Are you bullish or bearish? Let us know in the comments below! We'll see you in the next one. -The AlgoBuddy Teamby QuantVue227
LTCUSDT: Bullish Breakout Confirmed with Pitchfork Analysis and Litecoin (LTC) has recently broken out of a descending pitchfork pattern against Tether (USDT) on the daily chart, indicating a potential bullish reversal. The price has successfully broken above the upper median line of the pitchfork, with the pitchfan analysis also confirming a bullish trend. The price is currently hovering above the 50% pitchfan level, which serves as strong support, indicating a potential continuation of the bullish trend. Additionally, the price is trading within a defined range, with a clear resistance level of $95 and support level of $77. Technical indicators, such as the RSI and MACD, are also showing bullish signals, with a potential move towards the next resistance level of $95. Traders should consider long positions with a stop loss below the support level of $77, targeting the resistance level of $95. However, if the price fails to hold above the support level, it could indicate a potential bearish reversal towards the next support level of $65. As always, it's important to closely monitor the market and adjust your trading strategy accordingly." ***********Please read this below *********** "This analysis is published for informational purposes only and should not be considered as an official financial or investment recommendation. Users are solely responsible for determining their own trading strategies and making their own decisions. Do not rely solely on this analysis/recommendation and evaluate personal risks before making any trading decisions."Longby DOPHI6662
LTC 🌩️ BNB 🌴 Where is BTC Headed?ATTMO's forecast suggests stormy weather ahead for Litecoin 🌩️, with a downside risk for the cryptocurrency. In contrast, Binance Coin is experiencing 🌴 tropical and very bullish weather today with significant upside potential. Bitcoin is currently facing 🌧️ stormy weather, but ATTMO predicts ☀️ sunny skies for the next 24 hours, which could support the world's largest cryptocurrency and translate to an imminent market rebound. The sharp decline in Bitcoin's transaction fees could also contribute to this positive trend. Over the next week, ATTMO expects a slightly bullish market with some upside potential for both major cryptocurrencies - Bitcoin and Ethereum . Additionally, an imminent market rebound is predicted for Dogecoin 📈.by ATTMO1