LTC PriceLitecoin has been moving upwards since the beginning of September. In a span of only 5 days, LTC price increased by 6%.
LTCBULLUSDT trade ideas
LTC → Price exit from accumulation ↑BINANCE:LTCUSDT is coming out of accumulation, breaking the structure of the “descending wedge” pattern - a rather strong bullish pattern. Price is still pinned by resistance, but the bulls have a chance...
Globally, there is no trend in the market. The price is in a sideways movement between 114.0 - 56.0, which I consider a positive reason for a possible rise, as the price moves between the levels in a range. But we have prerequisites for possible growth (consolidation above MA-50, break of the wedge resistance), theoretically the price can head towards the resistance of the global range.
Emphasis on the area of 0.5 fibo - 67.8. If the bulls successfully manage to keep the defense above the mentioned zones, in the mid-term the coin can show a good realization towards 76.9 - 88.6.
Resistance levels: 67.8, 76.9
Support levels: descending line, MA-50, 0.5 Fibo
Perhaps the primary retest of 67.8 will not bring success and the price may form a small correction, but the gradual return of the price to the retest will increase the chances of a breakout. A fixing above the level will be a good signal for growth!
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:LTCUSDT ;)
Regards R. Linda!
ltc breaking out seems like ltc is ready for recovery after long correction and breaking consolidation incase of successful breakout expecting solid recovery in coming days
possible targets 73 to 75 1st resistance 86 to 90 2nd target however in midterm it can test 110$
Litecoin LTC price "keeps up"In 2016-17, 2019, and 2020, CRYPTOCAP:LTC was among the first to roll out the alt-season.
Of course, #Litecoin is “not the same” anymore, and many newcomers to the crypto market and fans of “hamsters” do not even know how much CRYPTOCAP:LTC "to do" for the global development of crypto. He was proudly called “silver” right after the golden CRYPTOCAP:BTC
🔝 And yet, the OKX:LTCUSDT price is holding up well, volatility is reduced, is it really preparing for something “big”?
Do you believe that the #LTCUSD price can reach $190-220 again?)
LTCUSDT - In Bullish Trend The coin is in bullish trend on an hourly chart (4H or 1H). I have done a multi time frame analysis and planned my trade on 1H time frame in the upward direction of the swing. It is making a bullish flag and my entry is placed at the breakout of the pole of the flag. Yellow, Red and Green rays (lines) are my Entry, SL and TP respectively.
Confluences:
1- On a Daily/Weekly chart the trend is making a symmetrical triangle and currently the trend has tested the support of that triangle and in upward swing (in the direction of our trade)
2- On Daily time frame, the chart is approaching a trend line which is below our target of 70.70 but a bullish flag pattern support the idea that it would pierce through the resistance level which is plotted on an hourly chart.
3- On an Hourly time frame, the chart has tested an hourly support level and in moving upwards towards hourly resistance level.
4- On an Hourly chart is it making a bullish flag. SMA 50 is in Support of the trend. The chart is at SR-Flip level, so it might bounce back (upwards towards the target) OR
according to the Fib retracement, the trend may correct @ 0.382, 0.5 or 0.618 level (64.58, 64 or 63.42 respectively).
Could Litecoin get an ETF in the coming year?Litecoin starting to deliver with a major strength, with 37% increase from the low.
NYSE:LTC has the longest accumulation period ever. We all know that once NYSE:LTC starts to move, it always leads the way to expansion phase. Could this time be different?
Litecoin was always viewed as silver to Bitcoin's gold . Last April, we saw a 10% surge as institutional hint at interest on Litecoin ETF rumors.
Could Litecoin get an ETF in the coming year?
Technical Outlook:
NYSE:LTC closed green today though it's struggling to break $67 resistance on the third attempt.
Failure to flip $67 resistance, the first level of support is around $63.5
Price needs to stay above $61 to maintain its bullish structure, failure to do so, a retest on $58 is very likely.
Litecoin (LTC): Possible Movement To Lower ZonesLitecoin is still at the punctula zone below 200EMA after rejecting multiple times that zone of resistance.
We are looking here for a lower liquidity zone to be reached in the next couple of days so let's see if EMA will be able to push the price back down!
Swallow Team
Mallicast's Analysis of the LTC Trading PairMallicast's analysis of the LTCUSDT pair indicates that an initial decline to the price level of 61.28 is expected. Subsequently, a preliminary upward movement to 67.87 is forecasted. Following this, a correction of the upward movement to 67.28 is anticipated. Additionally, a suitable liquidity level is identified at 69.68, where a price decline might occur.
Mallicast's Analysis of the LTC Trading PairMallicast's analysis of the LTCUSDT pair indicates that an initial decline to the price level of 61.28 is expected. Subsequently, a preliminary upward movement to 67.87 is forecasted. Following this, a correction of the upward movement to 67.28 is anticipated. Additionally, a suitable liquidity level is identified at 69.68, where a price decline might occur.
Long trade
Date: Saturday, 24th August 2024
Time: 20:00 (8:00 PM) during the NY Session PM
Time Frame: 4-Hour Time Frame (4Ht TF)
Entry Level: 65.35
Profit Level: 75.99 (16.28%)
Stop Level: 63.78 (2.40%)
Risk-Reward Ratio (RR): 6.78
LTC is going to distribute higher in premium market Long period dealer is accumulating relatively cheap coins to distribute in 160-180$ range
LTC-USDT 4hI invite you to a quick review of LTC in pair with USDT, taking into account the four-hour interval. Visible, we can determine the local upward trend line above which the price remains.
Just below the price there is support at the level of $60, then the second support is around $56 and then there is a strong support level at the price of $50.
Looking the other way, similarly, after unfolding the fib retracement grid, you can see resistance at the price of $66, then the second resistance at $71, and then a strong resistance at $77.
Litecoin shortLitecoin bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 51 is expected to happen.
LTC Short HereBTC Ranging ..
LTC is in the local resistance level.
keep stop loss in place at 68
Target 1st is 64
Litecoin (LTC): Possible Turning Point!Litecoin has returned to the branch of EMAs where the price has been rejected so far (forming a smaller fakeout above 200 EMA).
We are now looking at how the price will reach that zone but as of now, we are looking for a downward movement from here; if not, then a movement to the upper resistance for a bigger drop!
Swallow Team
LTCUSDT - In Bearish TrendThis coin has been analysed in 1D and 1H time frames. 1D time frame helped in determining the trend and key resistance and support levels where as 1H time frame provided an opportunity of trade in the direction of the trend. I have also used FIB to check the pullback from a downward trend because the RSI is showing a loss of momentum in upward trend. The chart may test the 0.618 level of FIB and continue the downward trend.
The Signal is:
EP: 64.15
SL: 66.91:
TP: 61.39
RR: 0.5%
LTC ANALYSIS🚀#LTC Analysis : What Next ??💲
✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #LTC and trading around it's descending trendline zone. We are expecting a bullish move in #LTC after a breakout of falling wedge pattern
🔰Current Price: $65.50
🎯 Target Price: $89.00
⚡️What to do ?
👀Keep an eye on #LTC price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#LTCE #Cryptocurrency #TechnicalAnalysis #DYOR
LTC USDT🔍 LTC/USDT Analysis: Long-Term Price Prospects & Key Dates 📉
The LTC/USDT chart marks critical dates and long-term price targets with bold lines on the weekly timeframe:
September 2, 2024 - Green Line: This date indicates a potential local low, providing an opportunity for long-term accumulation. Consider this an optimal entry point for building a position in LTC.
October 10, 2024 & December 16, 2024 - Red Lines: These dates could signal local peaks, offering chances to take profits or reassess positions in anticipation of market corrections.
October 27, 2025 - Green Line: A significant long-term low is expected around this date. This could be the best moment to increase your LTC holdings for the next major market cycle.
Aligning your strategy with these dates and focusing on the long-term price perspectives can help optimize your investments in Litecoin.
#LTC #Litecoin #CryptoTrading #Cryptocurrency #MarketAnalysis #Altcoins #LTCUSDT
Litecoin (LTC): Possible Zone of Sell ?? ?? ??Litecoin has reached the zone of EMAs here, with a possible rejection happening.
We see it as a good zone for DCA-ing the potential short position here and this gameplay is in play as long as we hold the upper resistance zone!
Swallow Team
litecoinLTC technical analysis basically on elliott waves principle
lite coin can be touch 253$ good opp to buy it
wait and watch
Litecoin - Short-term Bullish CampaignLitecoin is breaking out the key-level resistance of $61.60 right now as we speak. Our Cross-price Matrix system suggests that this is likely to be a legit breakout. We're diving in to a short-term bullish campaign targeting the next key-level of 72.00.
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangl
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangle Pattern
In this video, we analyze the recent breakout of Litecoin (LTC) against Tether (USDT) from an ascending triangle pattern, signaling a potential bullish move. We'll explore how LTC/USDT has gained nearly 150% from its recent low and could be eyeing a further 3-5% rally if key resistance levels are breached.
Key points covered:
• Identification of the ascending triangle pattern
• Analysis of key support and resistance levels
• Potential price targets for the breakout
• Risk management strategies for traders
Don't miss this opportunity to understand the technical factors driving LTC's price action and how you can potentially profit from this bullish formation.
#Litecoin #LTCUSDT #CryptoAnalysis #TechnicalAnalysis #BullishBreakout #AscendingTriangle #CryptoTrading #PriceTarget #ResistanceLevel #SupportLevel #CryptocurrencyMarket #BlockchainTechnology #DigitalAssets #CryptoInvesting #TradingStrategy #CryptoTrends #AltcoinSeason #CryptoPortfolio #FinancialFreedom #CryptoEducation
Remember to always conduct your own research and consider your risk tolerance before making any investment decisions.
LTC - My long-term safe tradeHead and shoulders complete -
The dip post head and shoulders has now also played out, while LTC is currently in a prolonged consolidation phase, the refusal to dip below the key support levels does lend some bullish sentiment for the long term.
Bullish Case: If LTC continues to hold above the strong support level and begins to break above key resistance levels, particularly around $70-$100, it could indicate the start of a new bullish trend.
News:
There's significant optimism due to a substantial increase in daily transactions, which have surged by 500% in 2024. This growth is largely driven by increased whale activity, signaling strong interest from large investors.
Charlie Lee Announces Expansion Into Banking Services - The highlight of this expansion is Litecoin’s integration into the banking app of Banco Bilbao Vizcaya Argentaria (BBVA), a major global financial institution. This partnership allows users to purchase LTC directly through the BBVA app. The integration is a significant step towards bridging the gap between traditional banking and cryptocurrencies.
Overall strong bullish sentiment for an overwhelmingly under-valued coin.
