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3X Long Litecoin Token / USD Tether

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LTCBULLUSDT trade ideas

Litecoin(LTC): Can We See Another Drop?The LTC coin has caught our attention with some nice potential for history to be repeated! We are seeing how, after forming some bullish trends, we have been eventually breaking them from time to time. With that being said, we are seeing a similar outcome, where currently we had a breakdown and now we are entering the "sideways movement" phase. During that phase, multiple positions can be taken, but as of now, this is just raw material, as we need to see if we will form any clear trends here! Swallow Team
Short
by SwallowAcademy
4
Seizing Opportunities: Analyzing LTC's Long-Term Support!LTC is currently trading above a significant long-term support level that has held for 1862 days, as evident from historical price interactions. This support has consistently resulted in a bounce for LTC whenever the price approaches it. While we anticipate another bounce, it is prudent to acknowledge the possibility of a breakdown. Fortunately, the risk associated with this trade is minimal due to a short stop-loss (SL). The trade appears favorable with a low risk and a potentially high reward. Turning our attention back to the chart, the symmetrical triangle pattern observed indicates similarities with a previous breakout, leading to a substantial 500% increase. The formation of a similar pattern now suggests the potential for another breakout, which could lead to a significant upward movement. Noteworthy resistance levels during this anticipated movement include $79, $135, and the all-time high (ATH). It is imperative to emphasize that this analysis is not financial advice. Investors are strongly encouraged to conduct their own research (DYOR) and base their decisions on individual risk tolerance and market comprehension.
Long
by CRYPTOMOJO_TA
1
Litecoin: Bouncing FormationAfter finishing a long consolidation period in a triangle, LTCis breaking down the formation and turning to retrace. The price is falling from 44499 to 42544. In the ascending triangle, as we see, price finished the ABCDE formation and is ready to rally. The current price range is similar to its previous legs, so an intraday sell appears. We are assuming the price will reach the target and more sellers will participate in the market during the New York session. I am with you as the market goes, and I will hopefully read your comments and opinions on the current price structure. Follow tune.
Short
by zzTraderz
LTC IS INCREDIBLY CHEAP - IN THIS MARKET CHEAP IS BOUGHT...CHECKLTC for years any time touched to this supportive trend made a huge movement.JUST act according to your risk management strategy , I am just a person like you guys but trying to catch my own opprtunities with all my care, investing with trivial amounts becase we cant risk monts of work in our lives, so dividen your cashier buy step by step , buy different coins so if delisted or about to be delisted like reef you dont hurt yourself much.
Long
by iamuratsever
✴️ Litecoin Looks Pretty Bad (Weekly)It looks pretty bad... When a pair this big does this badly compared to others it means that there is no support from its own community, from the owners, miners and developers team... Litecoin moved below EMA50 weekly in July '23 and recently dropped below EMA10 and EMA21, current session (this week). This is a bearish as it can get but it trades so low already that potential for a drop is limited. 👉 Litecoin (LTCUSDT) is bearish and pointing toward lower prices, main target shown on the chart. Invalidation can happen on a bullish break and close above $77 (moving back above EMA50). Any trading below this level and this pair remains ultra-bearish. Namaste.
Short
by AlanSantana
$LTC Needs 3 WeeksI see a cup and handle-ish pattern considering there is a resistance level and it got its rejections from that level. Fibonacci 0.618 level is at a meaningful spot LTC is indeed in a ascending channel at the moment with its lower highs The market is going well. pull backs are expected. I am not worried as long as it breaks the resistance level. I see this as a good opportunity to place a position The more confirmation I get, the more confident I will be After a legit breakout my first TP is 81.05, and my second TP is 94.02 I do not expect a strong run to upper resistance level that's located at 103.24; however, I would aim it after a retracement. What matters is the market at this very point, not the coin itself, so this idea would be invalid if the market isn't being nice. Technically speaking. get the joke? (side tony soprano smile) as always, not a financial advice duh
Long
by frikko23
2
LTC/USDT - Litecoin: Falling Wedge◳◱ On the $LTC/ CRYPTOCAP:USDT chart, the Falling Wedge pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 74.14 | 77.16 | 83.25 and support near 68.05 | 64.98 | 58.89. Entering trades at 73.24 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Litecoin ▣ Rank: 22 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Payments - Currencies ▣ Overview: Litecoin is a fork of Bitcoin's codebase with four times faster block times and a four times larger supply. The project considers itself complementary to Bitcoin as a silver to Bitcoin's gold. It is often used as a pseduo-testnet for Bitcoin, adopting new protocol changes before they are deployed on Bitcoin. ◰◲ Technical Metrics : ▣ Mrkt Price: 73.24 ₮ ▣ 24HVol: 47,073,976.056 ₮ ▣ 24H Chng: -4.086% ▣ 7-Days Chng: 1.27% ▣ 1-Month Chng: 5.74% ▣ 3-Months Chng: 7.66% ◲◰ Pivot Points - Levels : ◥ Resistance: 74.14 | 77.16 | 83.25 ◢ Support: 68.05 | 64.98 | 58.89 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: SELL ◰◲ Technical Indicators Summary : NEUTRAL ◲◰ Sharpe Ratios : ▣ Last 30D: 1.57 ▣ Last 90D: 1.19 ▣ Last 1-Y: 0.42 ▣ Last 3-Y: 0.26 ◲◰ Volatility : ▣ Last 30D: 0.46 ▣ Last 90D: 0.43 ▣ Last 1-Y: 0.66 ▣ Last 3-Y: 0.93 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.52 - Bullish ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth LTCUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF