Cryptolean Litecoin LTC UpdateIn the daily LTCUSD chart, in the beginning of the week, Litecoin had a fake-out to below $80.43 into the daily range zone.
However, it recovered strongly, re-confirming $80.43 as a support.
The current price action in Litecoin is very interesting as it is testing the key daily resistance of $88.82-$92.07.
A bullish break-out of $92.07 is needed to have a rally towards $100.
A bearsih rejection of the key daily resistance of $88.82-$92.07 will lead to a re-test of $80.43.
Litecoin (Cryptocurrency)
💎 MPC/USDT - Bull move Ahead ? (READ THE CAPTION)After checking the chart of a new cryptocurrency named MPC/USDT (Partisia Blockchain) , after this cryptocurrency was listed on the Kucoin exchange, it was accompanied by a strong growth and was pumped by about 360%! After this growth, the price fell again and filled this liquidity gap! Now a new LV has been created and I expect that if the price stabilizes above the $0.43 level, this cryptocurrency will grow again, and its possible targets are 0.507, 0.54, 0.5920 and 0.65, respectively! Its long-term target is also above 1$!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Dinosaur Coins - LTC, IOST, ENJ and ICX - BIG Move ComingMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Dinosaur Coins - LTC, IOST, ENJ and ICX - BIG Move Coming
If you understand market structure then you would see that these coins have great potential for a move higher . The all look to be setting up for a move in the near future . The bull market is here so do not sleep on these coins .
Please watch the video for more information
Litecoin (LTCUSD): Another big long-term opportunity incomingLitecoin (LTCUSD): BINANCE:LTCUSD
For Litecoin, the analysis starts from December 2018, focusing primarily on the activity from 2021 to the present. It indicates that the major Wave II concluded at $41.60, and currently, Litecoin is in a major Wave III that is expected to exceed $413, representing a potential increase of 450%. This projection is based on a detailed examination of the coin's performance after the first two bull markets, suggesting significant growth potential within this cycle.
The strategy involves waiting for an opportune moment to enter the market, aiming for long-term holding rather than immediate action, based on the completion of sub-Wave 1 and 2 in red, with Wave 2 ending at $57.71. The current phase is believed to be within Wave 3, anticipated to reach between 161.8% and 361% extension, equating to a price range of $162 to $290. The upper limit of $290 is considered the maximum for this Wave 3, as going beyond would be unusual and not align with typical Wave 3 behavior.
By zooming into the 4-hour chart, short-term entry points are being identified, noting that Wave ((iii)) in black has already developed a smaller sub-wave and is currently in a minor Wave (iii) in blue, expected to significantly increase shortly. Our plan now is to wait for a correctional Wave (iv), which may take days or weeks to materialize, at which point a limit order will be placed for our long-term investment, as we missed the end of Wave 2 due to the timing of our analysis.
[LTCUSDT] - very similiar scenario🔥LTC raised 600% in previous bull run after breakout .
we can notice in weekly chart that the same scenario repeat it's self.
successfull retest must be considerd to get 400% up.
so must keep it in ur watchlist.
don't forget to support us with ur like, comment and follow for more updates🎯
LTC: buy-low .. sell-high📊Analysis by AhmadArz:
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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📈LTC Analysis: Short Position Opportunity in Volatile Market🔥🔍Today, we are focusing on analyzing LTC for future prospects. It's worth noting that it's Monday, typically associated with lower market volume and increased market volatility.
🔒On the 4-hour timeframe, we find ourselves within a trading range, with the resistance ceiling at $94.34 and the support floor at $82.97. A recent rejection from the upper boundary suggests that sellers have more strength compared to buyers. Thus, initiating a short position could be a more secure move.
📉In case the $82.97 support level is breached, entering a short position with a target price of $75.98, accompanied by a well-defined stop-loss, could offer a minimum risk-reward ratio of 2.
💎The SMA7 indicator has converged with the price, potentially signaling further downward momentum. If the SMA7 fails to maintain the trend, we'll wait for confirmation from the SMA25. Failure on both indicators may lead to a sideways movement, possibly retesting the upper boundary of the trading range. 📊In the recent downtrend, the volume of red candles has diminished compared to the initial wave. While this could be attributed to the typically lower trading activity on Sundays, a resurgence in volume from tomorrow onwards is essential. Failure to observe increased volume could indicate weakness in the trend.
💥 Additionally, the RSI oscillator provides a critical support level at 32.64. Simultaneous breach of the $82.97 support level and the RSI support could serve as another confirmation for a short position.
❌In conclusion, vigilance is paramount today. If the short position trigger is breached or if setting a large stop-loss to avoid unnecessary risk or setting too small a stop-loss to quickly hit the target, it's crucial to maintain a balanced approach.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
Cryptolean Litecoin LTC Update Litecoin found a support at $80.43, the key daily support zone, and we see a bullish reaction from this level.
A bullish reversal from $80.43 is likely, assuming we see bullishness back in CRYPTOCAP:BTC , and will result in a move to re-test $88.82-$92.07.
A bearish break-out of $80.43 will push #LTC price lower towards $73.31, however the price action may be slow and choppy.
Intraday Chart
The LTCUSDT 4-Hour chart is neutral and moving to the key intraday resistance at $87.89.
A bearish rejection of $87.89 will lead to Litecoin price declining to $80.29, the key intraday support.
A bullish break-out of $87.89 will push price to re-test $91.97 and, possibly, higher to $96.84-$100.31, where the price action will be very important.
Support once read!
Thank you.
Digibyte: The True Gem of Decentralized CryptoUnveiling Digibyte: The Decentralized Powerhouse of Crypto
In the dynamic world of cryptocurrencies, where innovation and decentralization are prized, Digibyte stands out as a beacon of true decentralization and utility. Established in 2013 by Jared Tate, Digibyte has weathered the storms of the crypto market, emerging as a robust and resilient digital currency.
Decentralization at its Core
At the heart of Digibyte lies its commitment to decentralization. Unlike many cryptocurrencies that claim decentralization but often fall short due to centralizing forces, Digibyte boasts a truly decentralized network. With five mining algorithms employed to secure its blockchain, Digibyte ensures a more equitable distribution of mining power, thwarting the dominance of any single entity. This multi-algorithm approach enhances security and resilience, making the network less susceptible to 51% attacks.
A Rich History and Low Fees
Having been in existence for nearly a decade, Digibyte has proven its longevity and stability in the volatile crypto landscape. One of its standout features is its UTXO (Unspent Transaction Output) model, which enables fast and low-cost transactions. With fees remaining minimal, Digibyte facilitates efficient peer-to-peer transactions, making it an attractive option for both everyday users and businesses alike.
The True Value of Proof of Work (PoW) and Real Use Cases
In an ecosystem often dominated by speculative fervor, Digibyte shines as a cryptocurrency grounded in real-world use cases. Its Proof of Work (PoW) consensus mechanism not only ensures network security but also incentivizes active participation from miners, further bolstering decentralization. Moreover, Digibyte's emphasis on real-world utility, with applications ranging from secure payments to decentralized applications (dApps), underscores its potential for long-term viability.
Charting New Horizons: The Bullish Prospects
Despite facing resistance at the 0.018 level, Digibyte's price trajectory suggests the formation of a potential bull pennant. As the coin consolidates sideways, investors keenly observe the uptrend channel, anticipating a breakout above historical resistance. Should the pennant indeed break upwards, signaling a major bullish run, Digibyte could see significant price appreciation. However, prudent investors may consider potential pullbacks within the old range for strategic re-entry points.
Constant Development and Community Engagement
One of the hallmarks of Digibyte's success lies in its vibrant community and dedicated development team. Active on platforms like Twitter, Digibyte developers consistently engage with the community, providing updates on ongoing developments and fostering a collaborative environment. This commitment to transparency and innovation bodes well for Digibyte's continued growth and adoption.
Conclusion: Digibyte - A Hidden Gem in the Crypto Universe
As the crypto landscape evolves, discerning investors seek assets that embody the principles of decentralization, utility, and long-term value. Digibyte, with its robust decentralized network, low fees, and real-world use cases, epitomizes the essence of a true cryptocurrency gem. While navigating market fluctuations, Digibyte stands poised to carve its niche as a reliable and resilient digital asset, offering investors a compelling addition to their portfolios.
LTC: Double bottom reversal coming!The price of LTC has formed a double bottom, and we may soon witness a big breakout to the upside! If you're looking to trade LTC at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 106$ and take profits at the levels shown in the chart.
Targets:
1. 112$
2. 120$
3. 120$
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
LTC after the Pullback can continue to go upLTC after the Pullback can continue to go up
🔵Entry Zone 81.87 - 84.29
🔴SL 74.52
🟢TP1 90.27
🟢TP2 98.88
🟢TP3 107.98
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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LTC - BUY SETUP (JAN 2024)LTC - BUY SETUP (JAN 2024)
Using technical analysis, the present configuration of this cryptocurrency indicates an advantageous chance for purchase. Critical indicators point toward promising patterns, hinting at a potentially beneficial entry position. Nevertheless, it's crucial to carefully assess market unpredictability and prioritize risk management before deciding on any investments within the cryptocurrency market.
LTC, the Sleeping Giant now break out!! its ready to takeoff!!Technical Analysis: #LTC (Monthly Update)
#Litecoin now breakout the 238 days accumulation zone, This is just the beginning of new uptrend.
#Litecoin is ready to take off and looks too bullish, it will ready to test its previous high and make new ATH at year-end or earlier.
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#LTCCOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
LTC → Time to take a break?As evident, the current price resides within the "OB" region, exhibiting a discernible reaction.
Furthermore, it is observable in the "POI" segment . At this juncture, it is prudent to commence local examination within "LTF" intervals of either one hour or 15-30 minutes, seeking confirmation of the breach in the "BOS" structure, subsequently formulating strategic outlines.
The targets attainable are demarcated by black squares, strategically positioned in proximity to significant liquidity aggregations.
Could LITECOIN #LTC do a 100X versus #HEXRichard Heart used to mercilessly make fun of Charlie Lee, #Litecoin and it's holders
But we see a clear inverse Head and Shoulders in the making.
How could we see this massive divergence of fortunes occur.
I have touched on this a couple of times.
There are only a handful of legitimate Proof of Work coins left in the top 100.
BTC, LTC, XMR being the top 3 right.
All 3 have the Lindy affect of being in existence multiple crypto cycles.
BTC and LTC are most definitely going to be traded on a Nasdaq digital exchange when that is created. XMR due to its privacy functionality will likely not be listed.
So a Four figure Litecoin and a Hex price that flounders, here along the bottom, maybe further dropping a 50-100% and we can hit this ratio quite easily.
Best of Luck on your speculations.
Litecoin: consolidation in mid-term?Hi Traders!
From a technical point of view, CRYPTOCAP:LTC could be very interesting for Day Traders who like to accumulate positions, in fact this is our strategy on this Crypto. Targets on daily time frames are very clear and simple: 102 (Target 1) and 130 (Target 2).
The Trend on this Time frame is still bearish, and if the support around 56 area fails, a new bottom is possible before a price recovery, but if this happens it will be an interesting opportunity to add long positions.
Trade with care
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Litecoin- Trading Litecoin is like going to hospital and be connected to an oscilloscope.
- Some traders in cryptos consider BTC as Gold and LTC as Silver.
- LTC halving always happens before BTC Halving.
- That's the main reason of some of the soft LTC "MiniPumps" before the real BTC Rush.
- Everything is in graph.
- Will story repeats again ?
Happy Tr4Ding !
Litecoin (LTCUSD): Opportunity for a new Entry PositionLitecoin (LTCUSD): BINANCE:LTCUSD
In the 4-hour chart for Litecoin (LTC), it appears that we've seen the end of the subordinate Wave (iii) and Wave (5) at the 227.2% Fibonacci extension level. Now, we're anticipating a Wave (iv) correction, which should reach the 38.2% to 50% level. We don't expect it to fall much further. It should surpass Wave (iii), at least reaching the level of $115, which will likely act as a strong resistance zone. It remains to be seen whether we will break above this level to ultimately complete the overarching Wave (iii).
The last bullish chance of LTCUSDT in Mid term!Hi.
COINEX:LTCUSDT
Today, I want to analyze LTC for you in a Weekly time frame so that we can have a mid-term view of LTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
LTC/USDT is about to break out of the symmetrical triangle on weekly timeframe🧐
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Ascending Triangle
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!