LTCBULLUSDT trade ideas
LTC Possible Daily Movement 😎♻️😎♻️Hi dear traders
LTC moving in Ascending Triangle 🔺️.
In daily time frame we expect this movement based on Elliott waves.
Let's see what happens
All targets specified
This is not financial advice ( DYOR )
Good luck
LTCUSDT above weekly resistance, likely to head to 102The price has broken out of the weekly resistance WR1 and currently trading above it. It seems that the price wants to aim for the 102 area. Lets long this one on retest of this breakout (somewhere close to the resistance zone WR1).
Litecoin Halving Soon,what's Next?#LTC UPDATE
LTC is creating a symmetrical triangle pattern in this daily time frame
(basic about symmetrical triangle pattern)
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
#Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
#The breakout or breakdown targets for a symmetrical triangle are equal to the distance between the initial high and low applied to the breakout or breakdown point.
#Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
The upper trendline is acting as resistance right now, and if it doesn't break out of this pattern, we may see a retest of the lower level of this pattern, which is also the golden level of fid retreatment. After the breakout of this pattern, we can anticipate a very strong bounce.
LTC is encountering resistance at $102 but market sentiment indicates a breakthrough is on the horizon. The best exit place for short-term investors would be in the $130–$140 region if this barrier is broken, at which point LTC might start a bullish run.
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
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LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS 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) was one of Thursday’s notable gainers, as prices moved past a key resistance level.
Following a low of 88.35 on Thursday, LTC/USD rose to an intraday peak at 94.21 earlier in the day.
Litecoin broke out of its recent ceiling at 93.00, hitting a two-week high in the process.
it appears that Thursday’s surge came as the 14-day relative strength index (RSI) broke out of a ceiling at 58.00.
Since the breakout, the index has continued to climb, and as of writing this is currently tracking at 59.76.
In the event momentum continues in this direction, there is a strong chance that LTC will move above 95.00.
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LTC/USDT only 1 Res to breakThese are Weekly and Daily chart. 200 EMA in the Weekly chart is an important one. If it is able to close above and lets faster EMAs cross over confirmation, we will have a definite bull run on LTC.
Interestingly, Daily chart does sustain a bullish momentum as the faster EMAs keep sustaining above the 200 EMA and the price have been rejected and upheld for a while now.
Hopefully, the Daily momentum cascades to the Weekly. You may find a setup here and SL below the previous swing low while the 1st TP is the next Res as shown in the chart - R:R around 1.8-2
Going up with LTCLTC broke the triangle and is moving up; next resistance levels are as shown in the chart
Only a few days left before rocket! Latecomers are not welcom 🙅LTC coin continues its slow upward movement for past 7 months, while most of crypto market is in a bear market.
The main reason for growth of this coin is next halving, which will happen in about 2 months.
Check out BINANCE:LTCUSDT chart, which shows almost the entire trading history for this coin.
As you can see, the price of LTC started to rise a few months before the halving:
1. Halving 2015.
The price started rising 126 days before the halving. Moreover, the price grew for 77 days and then went to correction for 49 days. After that, there was a halving.
2. Halving 2019.
The price started rising 238 days before the halving. Moreover, the price grew for 189 days and then went to correction for 49 days. After that, there was a halving.
3. Halving 2023.
The price started rising 280 days before the halving. The rest of the data is still unknown.
With the naked eye, there is a clear trend that the price is rising before the halving.
However, this year the price of the coin is in no hurry to grow, and there is not much time left!
Even more interesting is that each cycle of the beginning of growth before the halving comes later.
But what remains unchanged in history is that the beginning of the growth correction comes 49 days before the halving.
Also note that pre-halving growth is historically over 500%!
Ticker: $LTC/USDT
Buy market order: 92,5$
Goals: 105$, 132$ , 180$
Growth potential: up to 200% by the end of the year.
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All Eyes On Litecoin 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
LTC has been stuck inside a range between 80.0 and 100.0
📈 For the bulls to take over from a MACRO perspective, we need a weekly candle close above 100.0
In this case, a movement till the 150.0 would be expected.
📉 Meanwhile , If we break below 80.0 and lower orange trendline, we will expect further bearish movement.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LTCUSD → Breakthrough of two-year resistanceLTCUSDT forms a resistance breakout after a small false breakout. The coin does not fall much after FB, forms a retest and breaks the line.
Bulls are trying to take control of the situation and so far everything is working out successfully.
A strong support line of 91.23 is being formed. If the bulls can hold this area, then Litecoin will show us an excellent growth towards the resistance of the ascending channel.
The fundamental component for LTC is quite good, the network is constantly being updated and activity has been increasing in this network lately.
A global triangle is forming on the chart, the price tends to test the resistance of the set-up. A slight pullback is possible, but in the medium term I expect a breakthrough of the upper limit.
Moving averages act as support.
Strong support: 91.23, previously broken resistance line and 83.66
Strong resistance: 95.00, 102.53
I expect the growth to continue after the resistance is broken. LTC in the market feels a certain confidence that can allow the price to get stronger.
Sincerely, R. Linda!
LTCUSDT - Long 90.15 - TP 93.75 - SL 82.00Before I was short at 80.90..and I am still in that position but I have set a breakeven at 89.70..becouse I have redo the analysis after understanding the fundamental news..
LTCUSDT LTCUSDT seems to be in bullish trend but currently facing long term and medium term resistance in $93 region.
Will the instrument give respect to technical confluences and face rejection ?
LTCUSDT.P Cup and Handle + POI (Long) 5/30/2023Here is a potential long trade. A clear Cup and Handle pattern is visible on this chart. Additionally, there aren't any unhealthy pumps that are creating imbalances below too, which makes it less likely to move downwards in its current state. Entry and Take-Profit are placed on recent POIs.
LTCUSDT - Short at 89.80 / TP at 85.30 / SL at 94.01Sell in the unbalance of 4h, aiming the 50% of the prior bullish displacement.
$LTC will reach $130 imminently Litecoin is about to breakout from this white triangle. Notice the inverse head and shoulder pattern I predicted last week, before its formation began. It’s a bullish pattern. We almost invalidated the pattern but soared up right away.
Immediate target: $97
Next: $130
Espect a potential traceback to 92 once we reach target 1, before reaching $130.
Also keep an eye on June 1. Litecoin is dependent on such catalysts as we’re in a bear market.
Happy gains,
Sky
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-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 moved higher in today’s session, with price climbing by as much as 7%.
Following a low of 81.75 on Sunday, LTC/USD raced to an intraday high of 87.54 earlier in the day.
This jump resulted in the token reaching its highest point since March 6, which is the last time LTC was trading close to the 90.00 mark.
a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken.
price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00.
There is a strong possibility that litcoin could move above 90.00 in the coming days.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Hit the like button if you like it and share your charts in the comments section.
Thank you...
LTCUSDT at daily support, long favorable towards 91 and upSo the price has hit the daily support as expected in the last short idea from weekly resistance. Now this is an opportunity favoring long here. I believe the price shall bounce from this daily support. towards the next resistance zone around 91 and probably further up to weekly resistance WR1. It might dip a bit further lower but that should not scare us from this long opportunity.
$LTCUSDT ; it is ready to Huge Move CRYPTOCAP:LTC Seems to be preparing for a great move and, of course, before it the Price should be go above $96 and stay above it.
The great event is on the way. As I said in the past post.
Watch it with carefully.
I have predicted that we will see $130 by the next month.
One more correction and then new ride.One more correction and then a new ride, in my opinion, this will long as long as there is no strong news in the market
✴️ Litecoin Back Up - Schooling The Bears (190 next?)Litecoin is looking better and it was one of the first Altcoins to move strong last year.
We can see that it is now in its fourth consecutive green day and trading above EMA50 and EMA100 with strong indicators.
Higher lows since June 2022, almost a year ago.
And this is literally only the beginning, we are expecting so much more, so much more additional growth.
114 we will consider the first target.
130/150 then and finally 190... These are only rough estimation as each individual needs to do their own research.
My main point is to let you know that it is going up.
How far up it goes it doesn't really matter, what matter is being in, LONG and ready to profit.
The Cryptocurrency market will reward all the long-term holders and everybody else who decides to go long.
Shorters and bears won't do very good, they will be crying and depressed. We feel sorry for them but if they could not adapt in 11 months, then there is nothing that can be done. We tried to help them but they need to learn their lessons like we learned in the past through blood, sweat, loss and pain... Ouch!
Namaste.
