LITECOIN about to break-out to its parabolic rally.Litecoin (LTCUSD) is on its 3rd historic Cycle and just recovered its 1W MA50 (blue trend-line). All Cycles have a Top, Bear Phase, Accumulation phase under Lower Highs and finally Parabolic Rallies.
It appears that we are currently about to complete the pre-rally Lower Highs accumulation phase, which will be confirmed after the price breaks above the 1W MA200 (orange trend-line) and the Lower Highs trend-line.
Technically it can go as high as the 1.1 Fibonacci extension ($500.00) but we will settle for the time being for an ATH test at $400.00 if this is where we will be by the time the price starts approaching the top of the Sine Wave.
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LTCUSD
BTC/4 Model for LTC/USDLTC is BTC with 4x the supply, it was released 3 years 9 months after BTC. To make BTC/USD relative to LTC, BTC/USD must be divided by 4. Why? B/c if BTC had 4x the supply the price would be 1/4th. Now that price have been made relative; time has to be made relative, by drawing a simple trend line on BTC/4, the point at which LTC/USD breaks out can be determined. The best fit resistance line makes time relative to the price.
If you want to determine the price of LTC ~4 years into the future divide the current BTC price by 4.
And if you want to determine the price of LTC currently go back 3 years 9 months on the BTC/4 to find out.
As you can see the 2017 top happened to be the BTC/4 top in 2013.
And currently LTC/USD is exactly where it needs to be.
5K is commeth, afterwards, it may just surprise everyone.
Litecoin May Revisit ATHs for 500%Litecoin continues to hold this long-term diagonal support, having only once wicked below it during the March 2020 black swan.
During the last two months of June and into July, it re-tested that diagonal and got quickly bought up.
Chances look good that it goes for another test of the horizontal resistance around 408 dollars, or at least most of the way there, which would be about 500% from our low over the last two weeks.
Lose the diagonal support and this trade is invalidated. Hold above it and I'll keep it active.
LTC Technical Analysis: Will Litecoin Resistance Zone Give Way tLTC is trading under the resistance zone (Green) at $72.96 - $76.19 and we are expecting a bullish breakout very soon because we are seeing an increase in volume and improving macro market sentiment.
There are 2 scenarios
Bullish Scenario
If the price breaks out from the Green zone with volume we might see the price could reach the next resistance zone (Blue) at $109.69 - $119.41.
Bearish Scenario
If the price is rejected from this Green zone we might see the price test support zone (Yellow) at $56.19 - $60.79. This zone is consistently providing a strong support zone. The price has been bounced back from this zone many times.
LTC on the Edge: Will We See a Bullish Breakout or a Fall?Yello, Paradisers! Could #Litecoin's long-awaited breakout be just around the corner? Let's dive into the recent analysis of the #LTCUSDT and see what's going to happen:
💎Currently, NYSE:LTC is tightly compressed between the trend lines of a falling wedge pattern, and we're anticipating a bullish breakout soon. Why? Because we're seeing increasing volume and improving macro market sentiment—key indicators of a potential upward movement.
💎50EMA is about to cross, a bullish signal that often precedes price increases. The POC of VRVP is also Reinforcing this bullish bias by acting as support within the major support zone.
💎But what if #Litecoin gets rejected at the upper trend line of the falling wedge? In that case, we might see a retest of the bullish order block (OB) at $64.19. This area has consistently provided strong support for BINANCE:LTCUSDT and is packed with liquidity.
💎However, if NYSE:LTC fails to rebound from $64.19, the next critical level to watch is the lower support at $57-$60. The probability of a rebound from this level is significantly higher.
💎Should NYSE:LTC continue to fall, the bears could take control, potentially leading to a bearish continuation.
Stay disciplined, Paradisers, and watch those key levels for profitable trading!
MyCryptoParadise
iFeel the success🌴
LTCN (Dip buy?) 18-20$ zonekicking myself i didnt keep one share at 2$
if youre like me and missed that opportunity. this might be your second best.
previous resistance now acting as support. bullish divergence on rsi.
increased volume on break of resistance and now low volume pull back back into that area to see if it is support. and so far so good. stops around 16 - 17.. ish.
depends what your goal is. also a wide zone you could really go to 15. but depends if its a short term trade or longer term hold. longer term. no stops.
LTCUSD Lite Coin Bullish Side Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist LTCUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Shitcoin Summer is HereIt's hot outside right now. Real hot. Clocks in at 120 where I live. But I'm cool as a cucumber right now because I know my Christmas is gonna be a good one. Why? My shitcoins are about to move. Check out my chart of eight of my favorite $hitcoins - they've all retested bottom and the bottom rejected them all. So - whether you love em or hate 'em, back up we go. That's how it works. Don't fight it, you'll lose. Just buy someone else's bags for cheap now before this rocket blasts off.
LTC: Weekly Chart Update.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
LTC is currently retesting the crucial supporting trendline with the current price at $69.64. This supporting trendline has been well-respected since December 2018, and a breakdown below the support will likely be an uncomfortable situation for LTC.
Early this year in February, LTC broke above the important resistance trendline, and technically, at present, it is in a retest phase. The upcoming weekly close will be important for LTC.
Key Observations:
~ Current Support: $69.78 (Must Hold)
~ Lower Support: $47.90
~ A rebound from the current support will possibly build up better chances for a bullish rally in the coming days
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
Stay strong.
#LTC
Litecoin LTC price will it surprise and delight or not?#LTCUSDT price is not rising particularly rapidly, but it is not falling either, which is important in the current situation on the crypto market.
Consolidation and position accumulation, at least this assumption can be made.
For #LTC price, the buying zone $65-72 can be noted as balanced in the prism of risk management.
Do you believe that the #Litecoin price will start growing this year?
The price might move downwardThe trend of Litecoin is upward, consistently forming ascending patterns and gradually increasing.
A large ascending channel has been identified, and Litecoin continues its upward movement within this channel.
One key scenario involves the potential breakout of this channel. If Litecoin exits the channel and then pulls back to it, the price might move downward.
LTCUSDT Elliott wave countLitecoin bullish sequence in 5 waves, wave ((i)) started from 40.29 low to 115.05 high favors more upside.
Wave ((ii)) pullback ended 55.00 low.
Leading diagonal started from 55.00 low to 113.00 high for wave (i) of ((iii)) followed by a pullback started from 113.00 high to 67.28 low, a complex correction for wave (ii).
Above 67.28 we are looking to the upside for wave (iii) of higher degree wave ((iii)).
Clearing 89.67 will add more confidence that wave (iii) is unfolding.
Possible target for wave (iii)) 200 - 215.
Bearish reversal?NZD/USD is rising towards a resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 71.15
Why we like it:
There is a pullback resistance which lines up with the 50% Fibonacci retracement.
Stop loss: 74.46
Why we like it:
There is a pullback resistance level.
Take profit: 67.13
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LTC travel channelLitecoin (LTC) could potentially drop to $60 or lower, contingent on Bitcoin's price movement. However, this presents a prime opportunity for Dollar-Cost Averaging (DCA). A new all-time high (ATH) for LTC is likely on the horizon. As the second oldest cryptocurrency, Litecoin could experience remarkable growth, making the current price levels seem trivial in hindsight.
Litecoin, alongside Bitcoin Cash (BCH), constitutes one of the largest holdings in Grayscale's crypto portfolio (BTC: $18B, ETH: MUN:10B +, ETC: $200M+, LTC and BCH: around $130M each). This substantial investment suggests that LTC and BCH could be strong candidates for ETF listing. Unlike Solana, with $60M+ holdings and regulatory uncertainties, Litecoin is not classified as a security.
If Litecoin were to be included in an ETF, we could potentially see its price soar to $2,000 or more. Without it ($800-$1600)
LTCUSD Litecoin a Short selling crab market like BItcoinThe cryptocurrency is moving up again, but it will most likely end up in a "crab market."
The term "crab market" is a state where an asset's price moves sideways without significant upward or downward trends.
So do BTC and Litecoin
Bias for both currencies bearish
Rising proces and ralley will be traps: Rising prices with decreasing volumes that will be caused by scalpers, or posers...This short term rallies should be used a higher potentiall of short selling.Falling prices with higher bearish volumes...The bullish moves will be difficult and very slow.
Strategy Short selling
I have marked the stops,and two trading strategy types: Lower Risk and higher Potential but you will need alot of patience to reach your entry.
Type 2 Higher pullback risk, but also higher Profit potential.
Also I have mared the entries, stops and profit targets that could be reached potentially
Could Litecoin rise from here?Price is currently at a support level which is a pullback support and could potentially rise from this level to our take profit.
Entry: 70.84
Why we like it:
There is a pullback support level.
Stop loss: 67.28
Why we like it:
There is a pullback support level which lines up with the 161.8% Fibonacci extension.
Take profit: 75.07
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LTCUSD Is Very Bearish! Sell!
Here is our detailed technical review for LTCUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 74.80.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 71.48 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Could LTC/USD reverse from here?Price is rising towards a resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 75.53
Why we like it:
There is a pullback resistance which lines up with the 61.8% Fibonacci retracement.
Stop loss: 79.19
Why we like it:
There is a pullback resistance level.
Take profit: 71.28
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
LITECOIN Will Fall! Sell!
Hello,Traders!
LITECOIN is trading in a
Local downtrend and the
Pair shot up to retest
The horizontal resistance
Level of 76.00$ and from
Where we will be expecting
A local bearish move down
Sell!
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