LTCUSD '2D' - Short now or wait a day or two?Litecoin is looking like it's currently floating above the ranging market where it's ultimately going to end up. The question is when.. Do we place a short trade now with our Crypto Tipster v2 signal or do we wait a couple of days when the price (might) hit the top edge of the descending triangle?
The choice ultimately is up to you, either way you're going to be looking at a good 10-20% short over a week or two.
LTCUSD
LTC SHORT AND LONG SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT and buy/long the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LTC move down to $52 then upLTC is working on a similar pattern from a previous down cycle and it'll be interesting to see how this plays out.
With the end of the year coming up and the fed sticking with a 0.5 increase, I would anticipate continued downward pressure along with some holders looking to sell for tax purposes and get back in the game in early 2023.
not trading advice
tg
LTC Litecoin bullflag 100 USD ?Above is my analysis on LTC or Litecoin
Crypto market has been downward trending except for this coin Litecoin it has been showing strength this is because the Litecoin Halvening is coming in end July 2023 which is just 7 months from today.
LTC has been forming a clear bull flag which the target of the pole leads to prices above 100 usd
there is also a 0.382 fib bounce off the move from 48 usd to 85 usd therefore the bulls are showing strength for this coin and ofcourse people will buy ltc in anticipation of the halvening pump cus in 2018 the dec to 2019 june pump for ltc was 6x or 600%
ETHUSD and LTCUSD Technical Analysis – 15th DEC, 2022ETHUSD: Three White Soldiers Pattern Above $1222
Ethereum was unable to sustain its bearish momentum and after touching a low of 1222 on 08th Dec, the price started to correct upwards against the US dollar moving into a consolidation channel above the $1250 handle today in the European trading session.
We can see the formation of a bullish doji star pattern in the 1-hour time frame indicating bullish trends.
The commodity channel index indicator is giving a bullish divergence signal in the 1-hour time frame.
We can clearly see a three white soldiers pattern above the $1222 handle which is a bullish pattern and signifies the end of a bearish phase and the start of a bullish phase in the markets.
ETH is now trading just above its pivot level of 1286 and is moving into a consolidation channel. The price of ETHUSD is now testing its classic resistance level of 1287 and Fibonacci resistance level of 1288 after which the path towards 1300 will get cleared.
The relative strength index is at 48 indicating a NEUTRAL demand for Ether and the continuation of the consolidation phase in the markets.
The resistance of the channel is broken on the daily time frame.
The STOCHRSI is indicating an OVERBOUGHT level, which means that the prices are expected to decline in the short-term range.
Some of the technical indicators are giving a BUY market signal.
Most of the moving averages are giving a NEUTRAL signal due to the market consolidation seen below the $1300 handle.
ETH is now trading below both the 100 hourly simple and 200 hourly exponential moving averages.
Ether: bullish reversal seen above the $1222 mark
The short-term range appears to be mildly bullish
ETH continues to remain above the $1250 level
The average true range is indicating LESS market volatility
Ether: Bullish Reversal Seen Above $1222
ETHUSD is now moving into a consolidation/correction channel with the price trading below the $1300 handle in the European trading session today.
The prices of Ethereum are ranging near the support of the channel indicating bullish trends.
The MACD indicator is now giving a bullish divergence signal in the 30-minute time frame.
The price of Ethereum broke the $1300 level and then we can see some decline due to short selling of Ether which caused the dip below the $1300 level.
ETHUSD touched an intraday high of 1314 and an intraday low of 1281 in the Asian trading session today.
We have seen a bullish opening in the markets this week.
The daily RSI is printing at 51 indicating a neutral demand for Ether in the long-term range.
The key support levels to watch are $1210 which is a 14-3 day raw stochastic at 30%, and $1244 which is a 38.2% retracement from 4 Week High.
ETH has decreased by 2.50% with a price change of 33.04$ in the past 24hrs and has a trading volume of 8.409 billion USD.
We can see an increase of 0.58% in the total trading volume in the last 24 hrs which appears to be normal.
The Week Ahead
The price of ETH has now entered into a consolidation/correction zone, and after this we are expecting fresh upside waves crossing the $1300 and $1400 levels.
ETHUSD continues to gain bullish traction from a weekly time frame from a 4-hour time frame with the bottom support located at $1075 touched on 22nd Nov.
The immediate short-term outlook for Ether has turned mildly bullish, the medium-term outlook has turned neutral, and the long-term outlook for Ether is neutral in present market conditions.
The price of ETHUSD will need to remain above the important support level of $1243 at which the price crosses the 18-day moving average.
The resistance zone is located at $1291 at which the price crosses 9-day moving average stalls.
The weekly outlook is projected at $1350 with a consolidation zone of $1300.
Technical Indicators:
The Williams percent range: is at -24.78 indicating a BUY
The commodity channel index (14): is at 62.01 indicating a BUY
High/Lows (14): is at 0.3436 indicating a BUY
Bull/Bear power (13): is at 0.6240 indicating a BUY
LTCUSD: Triple Bottom Pattern Above $73.50
Litecoin was unable to sustain its bearish momentum last week and after touching a low of $73.50 on 12th Dec, the price started to move upwards against the US dollar touching a high of $79.79 on 13th Dec.
The price of Litecoin has corrected lower below the $75 handle due to short selling, but a rebound in the price is expected after the consolidation wave gets over.
We can clearly see a triple bottom pattern above the $73.50 handle which is a bullish pattern and signifies the end of a bearish phase and the start of a bullish phase in the markets.
Litecoin is now trading above its 100 hourly simple moving average and below its 200 hourly simple moving average. The price of LTCUSD is just below its pivot level of 75.86
The relative strength index is at 50.32 indicating a NEUTRAL demand for Litecoin and the shift towards the consolidation phase in the markets.
The momentum indicator is back over zero in the 30-minute time frame indicating bullish trends.
Litecoin touched an intraday high of $75.91 and an intraday low of $73.56 in the Asian trading session today.
The price of Litecoin continues to remain above some of the moving averages, which are now giving a BUY signal at current market levels of 74.80.
The RSI is indicating a neutral level, which means that the price is expected to move towards the consolidation phase in the short-term range.
The short-term outlook for Litecoin has turned mildly bullish.
Some of the technical indicators are giving a buy signal
Litecoin: bullish reversal seen above the $73.50 levels
The commodity channel index is giving a NEUTRAL signal
The average true range is indicating LESS market volatility
Litecoin: Bullish Reversal Seen Above $73.50
The price of Litecoin is now moving in a correction phase below the $75 handle. After this wave gets over, we can see fresh upsides towards the $80 level.
The relative strength index indicator is back over 50 in the 15-minute time frame indicating bullish trends.
The RSI Indicator is also giving a bullish divergence signal in the 1-hour time frame.
The price of LTCUSD is now facing its classic resistance level of 74.83 and Fibonacci resistance level of 74.85 after which the path towards $80 will get cleared.
Litecoin is now facing its resistance zone at $77.32 at which the price crosses 9-day moving average stalls and at $80.03 which is a 14-3 day raw stochastic at 50%.
The daily RSI is printing at 52.38 which is indicating a neutral demand for Litecoin and the continuation of the consolidation wave in the medium-term range.
LTCUSD has decreased by 4.35% with a price change of 3.41$ in the past 24hrs and has a trading volume of 0.619 billion USD.
Litecoin’s trading volume has increased by 11.29% compared to yesterday which appears to be normal.
The Week Ahead
The price of Litecoin is moving in a zigzag pattern with the price remaining above the long-term monthly support located at $70.37 which is a 38.2% retracement from 13-week high.
We are expecting more upsides towards the $75 and $80 levels, after the current downside wave gets exhausted.
Some of the technical indicators are also giving a neutral stance.
The price of Litecoin needs to remain above the important support level of $73.54 which is a 3-10 day MACD oscillator stalls.
The short-term outlook for Litecoin has turned mildly bullish, the medium-term outlook is neutral, and the long-term outlook is neutral at present market conditions.
The weekly outlook is projected at $80 with a consolidation zone of $75.
Technical Indicators:
The average directional index (14): is at 22.50 indicating a BUY
The ultimate oscillator: is at 57.55 indicating a BUY
The rate of price change: is at 0.094 indicating a BUYThe commodity channel index (14): is at -31.10 indicating a NEUTRAL
Disclaimer: This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
#LTC/USDT 1DAY UPDATE BY @CRYPTOSANDERS !!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 rose in today’s session, with the token rebounding from its losses to start the week.
Following a drop to $73.52, which was the lowest level LTC/USD had hit since November 29, the token raced to a high of $79.52 earlier today.
This surge in price sent litecoin to its strongest point since December 7, which is the last time price was above $80.00.
Looking at the chart, today’s bullish momentum comes as the RSI bounced from a floor of 55.50, and it is now nearing a ceiling of 61.50.
This move has also sent the 10-day (red) moving average higher, a day after it appeared to be certainly heading for a downward trend.
What happens on Wednesday with the U.S. Federal Reserve will now dictate how cryptocurrency prices will move during the run-up to the Christmas period.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
LTC- Long on 4HHi,
I've entered LONG on the LTC/USD pair. It looks like a clear cut rejection from support and now were starting to see a breakthrough past the previous high from last week.
Target 1 remains at the high from the start of the month with the local high close being $83. From there we target the daily resistance at $94. If we see any sign of rejection before hitting Target 1, the stop loss will be set at $73.
Good luck if you join
FRACTAL: LTC Litecoin LOVES Decembers ⬆Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Historically, December is a bullish month for Litecoin, with the price often going parabolic and increasing more than 100 % ! Previously, 4 out of 5 Decembers, the price of LTCUSDT has increased exponentially. A quick look at a fractal that played out during 2020 from this exact support zone that we are currently trading on ($68) shows a whopping 168% increase.
While you're here 👀 Here's a guide to risk reward ratios and how to setup the perfect position :
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CryptoCheck
LTC Litecoin Buy When Breaks Out 20221211Signal: Red -> Green
Context: Green
Waiting for a Breakout
LTC, Litecoin, LTCUSD, LTCUSDT, LTCUSDTPERP, CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Litecoin: Potential Wyckoff Distribution RangeHere's a schematic I drew out replete with some volume spread reads which seem to indicate LTC may be fixing to distribute. If we rally above TRR we must take caution to ensure we are not buying into a liquidity grab before the LPSY dump. If you chose to swing this, the lower retracement levels are ideal profit-taking/selling opportunities; for longer-term hodlers they can serve as reliable DCA junctures.
Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with exceptionally high win ratios (80-85% average). I've been a fulltime crypto trader/investor since 2017, and I handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons.
Not financial advice. Always DYOR & trade at your own risk.
LTC.D - Litecoin Dominance Goes WildLitecoin dominance was in a degenerative state since 2019. A strong reversal move has emerged with a 70% gain in a very short time. This is unusual for a dominance chart.
The bars pattern placed just is a punt showing a recovery of the highs of dominance for LTC.
Litecoin is a great long choice based on this chart and other charts linked below
ETHUSD and LTCUSD Technical Analysis – 08th DEC, 2022ETHUSD: Double Bottom Pattern Above $1218
Ethereum was unable to sustain its bearish momentum and after touching a low of 1211 on 07th Dec, the price started to correct upwards against the US dollar moving into a consolidation channel above the $1200 handle today in the European trading session.
We can see the formation of a bullish harami pattern in the 15-minute time frame indicating a bullish trend.
The Williams percent range indicator is back over -50 in the 2-hour time frame.
We can clearly see a double bottom pattern above the $1218 handle which is a bullish pattern and signifies the end of a bearish phase and the start of a bullish phase in the markets.
ETH is now trading just below its pivot level of 1232 and moving into a consolidation channel. The price of ETHUSD is now testing its classic resistance level of 1234 and Fibonacci resistance level of 1235 after which the path towards 1300 will get cleared.
The relative strength index is at 53 indicating a NEUTRAL demand for Ether and the continuation of the consolidation phase in the markets.
We can see both the bullish harami and bullish harami cross pattern in the daily time frame.
Both the relative strength index and the average directional index are indicating neutral levels, which means that the prices are expected to remain in a narrow range in the short-term range.
Most of the technical indicators are giving a STRONG BUY market signal.
Most of the moving averages are giving a BUY signal and we are now looking at the levels of $1300 to $1400 in the short-term range.
ETH is now trading below its 100 hourly simple and 200 hourly exponential moving averages.
Ether: bullish reversal seen above the $1218 mark
The short-term range appears to be mildly bullish
ETH continues to remain above the $1200 levels
The average true range is indicating LESS market volatility
Ether: Bullish Reversal Seen Above $1218
ETHUSD is now moving into a mild bullish channel with the price trading above the $1200 handle in the European trading session today.
ETH is now preparing to enter into a consolidation phase above the $1230 handle, after which fresh upside waves are expected.
ETHUSD touched an intraday high of 1234 and an intraday low of 1223 in the Asian trading session today.
We have seen a bullish opening in the markets this week.
The daily RSI is printing at 47 indicating a neutral demand for Ether in the long-term range.
The key support levels to watch are $1191, which is a 14-3 day raw stochastic at 50%, and $1215 at which price crosses 18 Day Moving Average.
ETH has increased by 0.09% with a price change of 1.07$ in the past 24hrs and has a trading volume of 4.698 billion USD.
We can see a decrease of 24.01% in the total trading volume in the last 24 hrs which appears to be Normal.
The Week Ahead
ETH price continues to remain under mild bullish pressure and the prices are expected to remain in a bullish traction this week.
After the current wave of consolidation gets over, we are expecting fresh buying pressure above the $1200 handle which will push the price above the $1300 level.
The immediate short-term outlook for Ether has turned bullish, the medium-term outlook has turned neutral, and the long-term outlook for Ether is neutral in present market conditions.
The price of ETHUSD will need to remain above the important support level of $1199 at which the price crosses 9-day moving average stalls.
The weekly outlook is projected at $1400 with a consolidation zone of $1350.
Technical Indicators:
The relative strength index (14): is at 53.20 indicating a NEUTRAL.
The STOCH (9,6): is at 69.01 indicating a BUY
The MACD (12,26): is at 0.350 indicating a BUY
Bull/bear power (13): is at 1.498 indicating a BUY
LTCUSD: Hammer Pattern Above $75.38
Litecoin was unable to sustain its bearish momentum last week and after touching a low of $75.38 on 02nd Dec, the prices started to move upwards against the US dollar touching a high of $83.87 on 05th Dec.
The prices of Litecoin have corrected lower due to short selling, but a rebound in the prices is expected after the consolidation wave gets over.
We can clearly see a hammer pattern above the $75.38 handle which is a bullish pattern and signifies the end of a bearish phase and the start of a bullish phase in the markets.
Litecoin is now trading below its 100 hourly simple moving averages and below its 200 hourly simple moving averages. The price of LTCUSD is just below its pivot level of 75.86
The relative strength index is at 54.25 indicating a NEUTRAL demand for Litecoin and the shift towards the consolidation phase in the markets.
We can see the formation of both bullish harami and bullish harami cross patterns in the 15-minute time frame.
Litecoin touched an intraday high of $77.30 and an intraday low of $74.54 in the Asian trading session today.
The prices of Litecoin continue to remain above some of the moving averages, which are now giving a BUY signal at current market levels of 74.98.
The RSI is indicating a neutral level, which means that the prices are expected to move towards the consolidation phase in the short-term range.
The short-term outlook for Litecoin has turned mildly bullish.
Most of the technical indicators are giving a buy signal
Litecoin: bullish reversal seen above the $75.38 levels
The STOCHRSI is giving an overbought signal
The average true range is indicating LESS market volatility
Litecoin: Bullish Reversal Seen Above $75.38
The price of Litecoin is moving into a downside correction wave above the $74.00 handle and after this we are expecting fresh upsides at $80 and $85 levels.
The commodity channel Index is giving a bullish divergence signal in the 4-hour time frame.
We can see the formation of a bullish trend reversal pattern with the adaptive moving average AMA20 in the 15-minute time frame.
We have seen a bullish opening of the markets this week.
The price of LTCUSD is now facing its classic resistance level of 81.12 and Fibonacci resistance level of 85.77 after which the path towards $90 will get cleared.
Litecoin is now facing its resistance zone at $78.45 which is a 3-10 day MACD oscillator stalls and at $79.17 which is a 14-3 day raw stochastic at 80%.
The daily RSI is printing at 54 which is indicating a neutral demand for Litecoin and the continuation of the consolidation wave in the medium-term range.
LTCUSD has decreased by 2.21% with a price change of 1.70$ in the past 24hrs and has a trading volume of 0.495 billion USD.
Litecoin’s trading volume has decreased by 19.77% compared to yesterday which appears to be normal.
The Week Ahead
The prices of Litecoin continue to move into a narrow range between the $70 and $85 levels which are the consolidation levels in the 30-minute time frame.
We are expecting more upsides towards the $80 and $85 levels, after the current downside wave gets exhausted.
Litecoin is expected to enter rally mode next week.
The price of Litecoin needs to remain above the important support level of $71.82 which is a 14-3 day raw stochastic at 50%.
The short-term outlook for Litecoin has turned bullish, the medium-term outlook is bullish, and the long-term outlook is neutral at present market conditions.
The weekly outlook is projected at $85 with a consolidation zone of $80.
Technical Indicators:
The STOCH (9,6): is at 61.52 indicating a BUY
The commodity channel index (14): is at 179.55 indicating a BUY
The bull/bear power (13): is at 28.93 indicating a BUY
The Williams percent range: is at -25.82 indicating a BUY
Disclaimer: This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
Litecoin- Ideal place to sell for 1:3 R:RI was bullish on Litecoin since 2 days ago and thought it will rise to the 95-100 zone.
However, the coin started to look tired and I closed my trade just above 80.
In my opinion, crypto bulls are not out of the woods and a new wave of strong selling could follow in the near future, so I'm preparing for this scenario.
In Litecoin's case, looking at the chart, we can see that the resistance above 90 is very strong, and in that place, I will look for short opportunities.
Considering a new visit of 50 support such a trade would have a 1:3 risk: reward
LITECOIN is moving, everyone should be happy!Everytime Litecoin outperforms Bitcoin (shown by the orange line), a new Bull Cycle starts. This has been historically holding since 2015. We can claim that an LTCUSD channel up is an early buy signal for BTCUSD. And right now LTC is in a similar rising channel as in January-June 2015 and January-June 2019!
Bitcoin is most likely in an accumulation period ready to start a big rally.
Please like, follow and comment!!
LTCUSD Is a Good Bet Right NowI saw this in a prior analysis but thought I would elaborate a bit.
The horizontal in 2017 was a period of low volatility, extremely low. But it was a great place to buy. Price pumped to about $300.
The horizontal seen today shows low volatility again, on a grander scale. Can the pump points be compared?
As digital currency enters the mainstream Litecoin will win in this setting.