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LTC Gains Momentum 🌞🚀 XRP's Stormy Forecast 🌧️?The crypto summer shows no signs of abating any time soon ☀️, according to ATTMO. Sun with a few scattered clouds - a slightly bullish market with upside potential - is likely over the coming hours and a one-week horizon. Litecoin and XRP buck this positive trend with rainy weather ahead in the next 24 hours, which signals a slightly bearish market with downside risk. Over a one-week horizon, Litecoin may continue to rise ahead of its halving, while XRP may continue to be under pressure, ATTMO indicates. Follow us for more crypto weather reports!
BINANCE:LTCUSD.P
by ATTMO
LTCUSDTHello Crypto Lovers, This is a 1D frame analysis for LTCUSDT As you can see, the price has been able to move above the support line and has been able to establish itself above it. Currently, the price is below the resistance line and there is a possibility that the price will bounce back to the first support line and if it holds above it, it can start to move towards the resistance area again. However, if it fails to hold above the first support line, it may have the possibility of correcting to the second support area. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
1
LTC 1DInterwal Rewiew - Long-TermI invite you to review the LTC chart on a single day interval. As we can see, the price stayed above the uptrend line, and including the corss 50 and 200 emas, we see confirmation of the uptrend. Let's start by marking the support spots for the price and we see that first we have a support zone that starts at $97 and ends at $876, however if the price goes lower, the next very strong zone is from $68 to $56. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price bounced off a very strong resistance at $114, only when it breaks it and positively tests it will move towards the resistance at $134. The CHOP index indicates that the energy has been consumed, the MACD indicates that the uptrend is maintained, while the RSI rebounded from the upper limit of the range, which confirms the initiated price correction.
by cryptodailyuk
Litecoin - $200 on the horizon: FRACTALHi Traders, Investors and Speculators of Charts📈📉 From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis : By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. The fractal we're looking at in turquoise happened around the same resistance zone that we're currently facing. Three bullish signs are: ✅ Consolidation under resistance zone / bullish ✅ Higher Lows - buyers are buying up dips ✅ Bullish Technical Indicator CryptoCheck START v3.5 Even thought the price may continue to trade range bound for a period of time, the next big market cycle is clearly the bullish phase. Incase you missed it ! Here's yesterdays analysis on SOLUSDT : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:LTC BINANCE:LTCUSD.P BYBIT:LTCUSDT.P BYBIT:LTCUSDT BITFINEX:LTCUSDLONGS COINBASE:LTCUSD BINANCE:LTCUSD BINANCE:LTCUSDT KUCOIN:LTCUSDT KRAKEN:LTCUSDT
Long
by CryptoCheck-
53
PolkaDot Chart Analysis Polkadot Update Good news for #DOT enthusiasts! Despite a dip below the 20-day Exponential moving average at $4.95 between June 27 and June 30, the bulls held strong positions, indicating strategic buying at a lower price. MIL:DOT The current focus for #PolkaDot bulls is to break and sustain the crucial resistance level of $5.56. Once this barrier is conquered, the DOT/USDT currency pair is expected to soar towards $6/$7/$8. However, reaching $5.564 may attract substantial short-selling pressure. Nonetheless, as long as the bulls prevent the price from dropping below $4.70, the chances of a rebound towards the downward trend line significantly increase.
Short
by CryptoPatel
3
LTC: Symmetrical Triangle BreakoutLitecoin (LTC) technical analysis: Trade setup : Price is trading in a Symmetrical Triangle. Trend traders need to wait for a breakout. A bullish breakout could lead the price to revisit $105 resistance Pattern : Symmetrical Triangle , which is a neutral pattern, suggesting indecision in the market. Although it could break either up or down, it usually breaks in the direction of the prevailing trend (i.e. continuation not reversal). Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $80, then $65. The nearest Resistance Zone is $90, which it broke then $105.
Long
by altFINS
LTC wants to follow in BCH footstepsLTC seems to be catching up to a major trend line forming off the previous cycle top. I anticipated this being a major area of resistance for the original alternative coin. Descending resistance is lining up with horizontal resistance and the price action is bouncing between these two key levels. RSI is in the mid 70s, which is a common turning point in the price action. Big spike in trading volume, with slight gradual gain in trading volume over the last few weeks. If LTC wants to move like BCH did, my targets for the coin are as follows: 129.50 146.30 Keep an eye on LTC, it moved 30% in a single daily candle and may have more steam. NFA Do your own DD Novice trader here!
COINBASE:LTCUSDLong
by BallsOfSteel32
1
Bitcoin's Battle between Bulls and Bears#bitcoin Update: Currently Trading at $30,500 Bitcoin ( CRYPTOCAP:BTC ) is facing resistance in the red box area as shown in the chart, resulting in a price drop to the local support zone. The recent big wick indicates stop hunting and liquidations of overleveraged positions. However, as #BTC continues to trade within a range, money is flowing into altcoins. Key Levels to Watch: - Support Area: $29,800 - Resistance Area: $31,000-$31,200 - Range Bound: $29,800-$31,200 Stay tuned for more updates as Bitcoin's price action unfolds!
by CryptoPatel
3
The LTC/BCH Ratio Suggests BCH has Gone Too Far AheadBCH and LTC usually maintain a certain distance from each other, with LTC rising ahead over time. And now we have a situation in which BCH has risen very quickly and has begun to challenge that BCH/LTC relation. Now we have a situation in which BCH must either come down in a dramatic way or LTC must go up in order for the distance between the two to close again, and given the price action on the chart, I'm more inclined to believe that BCH will come back down towards the levels it was trading at a few weeks ago as the relative bullish volumes seem to be subsiding at the current level with some Bearish Divergence on both the MACD and RSI.
COINBASE:BCHUSDShort
by RizeSenpai
Litecoin : But it's different this timeCurrently long from 171. Any dips are a reason to buy IMO. Not sure how high this will go but first targets are near ~900. I'm sure Litecoin's long sideways movements over the years caused many to forget about this giant, pushing it to 13th on the mcap. But not me. I'm a bulliever in this coin and the technicals are there to justify. Technicals : Thus far Litecoin is maintaining the 2019 pivot high and the weekly 200 MA. Yes we bled hard but take note of the 2017 fractal: the bleed out was much worse but price quickly recovered. Watch for similar price action or consolidation at these higher levels, threatening another stab at ATH. Price has rejected perfectly off of 25% of current median, and has come to a rest on 75%. These are areas of reactions in the market so don't let them pass you by. I see this as being in a 4th wave like most of the market. At this stage, dips are for buying NOT selling. Position 1 : Long from 171 (avg fills) Position 2 : TBD Target : Minimum 850
COINBASE:LTCUSDLong
by AvenueWork
23
Bitcoin Price Consolidates in Range, Breakout ImminentBitcoin LTFChart Analysis Bitcoin (BTC) is currently trading in a range bound between $30,000 and $31,200. The price has been consolidating in this range for several weeks, and it is unclear which direction it will break out of. If BTC breaks out above $31,200, it could clear the way for a move up to $38,000. However, if the price breaks down below $30,000, it could fall to $28,000-$29,000. Traders should wait for confirmation before entering a trade. If BTC breaks out above $31,200, traders could consider buying with a stop loss below $30,000. If the price breaks down below $30,000, traders could consider selling with a stop loss above $31,200. Key Levels Support: $30,000 Resistance: $31,200 Conclusion Bitcoin is currently trading in a range bound between $30,000 and $31,200. It is unclear which direction the price will break out of. Traders should wait for confirmation before entering a trade. If BTC breaks out above $31,200, it could clear the way for a move up to $38,000. However, if the price breaks down below $30,000, it could fall to $28,000-$29,000.
B
by CryptoPatel
1
LTCUSD. Target 105USDI see opportunity to buy here. LTC haling is coming. My strategy about crypto currencies: Always buy never sell. What is a Litecoin block halving event? Block halving event happens every 4 years on Litecoin blockchain. Litecoin's initial block reward was 50 LTC. The block reward splits every 4 years. This lowers the rate at which Litecoins are generated. The halving is periodical and is programmed into Litecoin's code. Current Litecoin block reward is 12.5 LTC, after the halving, the block reward will be 6.25 LTC. Halving will end approximately by the year 2142.
BINANCE:LTCUSDLong
by gezengelsaft
1
Litecoin Storm Warning 🌩️ : Imminent Correction Ahead The weather is tropical 🌴 – translating into imminent correction likely ahead – for Litecoin today. On the other hand, the global crypto summer ☀️ continues with sunny weather in the coming hours and week ahead for the global crypto market as yet another major asset manager filed a spot Bitcoin ETF and on today’s options expiry. This signals a slightly bullish market with upside potential. 📈 Follow us for more crypto weather reports!
BINANCE:LTCUSD.P
by ATTMO
Litecoin prepare for bullish breakout 🔥 🚀LTC Today Analysis💎LTC is gearing up for a potential bullish surge. It's been trading within an ascending channel for the past month, and within this channel, a falling wedge has been observed, hinting at a significant bullish move. 💎We're anticipating a breakout in the upward direction. If this breakout occurs, it could present a fantastic trading opportunity. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
Long
by MyCryptoParadise_Simon
#LTCUSDT Signals a Bullish Revolution💎#LTCUSDT shows great potential on the weekly chart, primarily due to a significant bounce off a key demand zone. Previously acting as a supply area, #Litecoin demonstrated a clear rejection of this level in March, indicating a shift in market dynamics. 💎To validate the bullish trend, we need to witness the formation of a new higher high, preferably accompanied by a weekly close above the most recent higher high. This would serve as a strong confirmation that the trend is indeed changing to bullish. Once the breakout occurs, the MCP team will diligently search for the most attractive buying opportunities, ensuring a favorable risk-to-reward ratio. 💎In the event of an uptrend, we could potentially witness explosive growth ranging from 200% to over 300%. The initial resistance lies at the 38.2% Fibonacci retracement level, which aligns with the Volume Profile level around $182. However, if the price surpasses this level, we can anticipate an impressive surge towards $270, corresponding to the widely used 61.8% Fibonacci retracement level. 💎Although we are currently in a waiting period before the storm, actively seeking the perfect buying opportunity, caution remains a priority. We will closely monitor the demand zone, as any significant break below it would be unfavorable for the bullish scenario.
Long
by MyCryptoParadise