Litecoin 5-10 year targetSome may say it's over but only time will tell. This is like having a time machine for Bitcoin in 2015. You are here now.Longby xandery116
LTCUSD Sees Volatility Amid Support, Eyes Resistance AheadHello Everyone, Over the past week, LTCUSD has experienced significant volatility, yet it has found consistent support around its monthly levels, fueling its upward trajectory. There's a strong likelihood that both weekly and daily support levels will continue to be challenged. Looking ahead, the outlook appears promising, particularly as the yearly pivot point has demonstrated resilience. It's important to keep in mind key resistance levels at 90.602 and 104.347. TradeWithTheTrend3344 Longby TradeWithTheTrend33443
LTC sitting on Macro SupportLTC is at a point where it has reversed 4 times since mid 2017. RSI is below 40. A pump into the 90s would be a easy 50% return. Just not sure of the timeframe. Keep an eye on this. May not be the worst buy for a small percentage of your portfolio to hold. NFA Do your own DD Good Luck! Longby BallsOfSteel32Updated 18
Idea of when LTC will moveIn the past, from bear market low to start of bull market breakout has taken LTC 102 weeks and 101 weeks for the last 2 cycles respectively. We can just say ~700 days from bear low it will take to get bull market breakout. As time of writing, we are currently at week 90 of 101 . Using these past time frames we can assume a breakout range for this bull market near end of May '24 . From that bull market breakout, it took LTC 37 weeks and 26 weeks to reach bull market high. Taking an average we can assume it will take ~31.5 weeks this cycle after bull market breakout to get to cycle highs. From this analysis im seeing late November '24 to late January '25 will be the range to start looking for cycle highs. Who knows what price we will be at, depends if you think we will break the double top previous highs that we have been consolidating in for the past 6 years or so, but that's beyond this analysis.by lancetanner7717
Time to buy again LTC We can see after the rally LTC has come back down to retest previous resistance now turned support as well as hitting tbe78.6% fib level giving us a great long opportunity Longby Vivaforexwithcaro114
Litecoin Deja Vu?Will a similar structure produce a similar outcome? the monthly shows we are still a couple candles away from a potential resistance breakout.. 2024 should be an interesting year for baby brother to btcLongby lourivUpdated 9
LTC/USD Consolidation in 2h ChartWe will see where this breaks out to, technically the current crypto market is bullish, but LTC is tricky and has Its own mind π. My bias is up until tomorrow to Wednesday and then a hefty correction in the crypto market.Longby DigitalRevolutionPhase52
MING DYNASTY 2.0I was doing a little research on the history silver. In the Ming dynasty they had an insatiable hunger for silver. Just speculating, perhaps China adopts Litecoin as its crypto "gold". Charlie Lee is Chinese as well just to add to the speculation. Asia is number one in adoption of Litecoin. What if China demands all citizens pay taxes in Litecoin like it did during ming with silver? China may only accept Litecoin as payment for global trade just like it did during Ming with silver? Gold is only worth more than silver because its harder to mine. Silver has many more uses throughout history. Silver was the first metal to unite the world and start world trade with China. The dollar becomes the official currency in 1785. The US had no mint to make its own currency so the first temporary currency was the Silver Spanish Peso. The word DOLLAR comes from the word thaler which comes from the German root βthalβ which means valley and βthalerβ indicates a person or thing from the valley. Thalers were silver coins and they were named Thalers because of a silver rich valley the silver was mined from. I like to speculate quite a bit so this may be just a bogus idea but its worth keeping in the back of my mind. Also I have written proof if this does happen right here and Im the next Nostradamus hahah, just kidding. Anyways I thought the Litecoin fam would enjoy this little tidbit. Longby BitgolderUpdated 4415
LTC bullLTC is on giga support. Heading for a mega pump. B ready for giga gains.Longby badblo0dbgUpdated 339
90$ Litecoin incomingevery detail and reason is on the chart: We saw a correction happen till $58, then from the change in drection, accumulation has been happening. We saw a bullish flag or abc flat correction around price 68 and 60 dollars happen, then from there had a bullish impulse to $75, off which we have been in a correction since. The correction is complete with WXY as seen on the chart, now we are entering the Impulse cycle as seen with abc micro cycle completing and allowing for buy orders on the current price. So from here Im expecting litecoin prices to skyrocket or moon for the moon-boiz. buckle up this is gonna be a long ride..Longby TheofylrxUpdated 424240
LTCUSD - Huge Long OpportunityThis is a pretty straight-forward chart, CRYPTOCAP:LTC seems to have bottomed and sitting on a 5 years long support. LTC hasnt been talked about much lately but it seems to be actually still being used for payments and more than we all think; according to a report by Bitpay, LTC was the most used cryptocurrency to make payments on Bitpay, with 34% of the payments being done through them, and apperently it wasnt the first time. The second crypto is Bitcoin, if you were wondering. Lets look at some data; - There are 7.8m LTC addresses with a balance. - approx. 800k daily active addresses. - On December 18 2023, there was an ATH of 980k txs and averaged a 700k txs per day for over a week. Looking at the previous ATHs, there was always a surge in price during these times. The above data is super bullish for a coin that only has 4.8bn market cap with incredible tract record and traction. Considering there is no centralised management for this coin, just like BTC, I wouldn't rule out a surprise ETF application for LTC as well, of course after BTC ETF narrative. The fundamentals are just right, the chart looks great. Worth taking a risk here. Let me know if you agree or disagree with this idea in the comments. I would love to see some other ideas that prove or disprove this analysis.Longby TheAlchemist888Updated 121228
LTCUSD: Pro-Bullish, Watch RetraceHello Everyone, LTCUSD is showing considerable strength in its current trajectory. However, it's important to approach with caution as there's a possibility it could retrace to 1M support levels. TradeWithTheTrend3344 Longby TradeWithTheTrend33443
Litecoin LTCUSD Major Multi-Year Breakout? $400+PT On Deck???As many of y'all know litecoin hasn't been the greatest performer over the past couple of years, and at times even appears to have wanted to breakdown lower, but i've been seeing things from a bullish point of view and there's a few reasons why: 1. Consistent higher lows, which means there's more people holding & accumulating than the previous low 2. Extreme undervaluation relative to Bitcoin 3. One of the few trustworthy Altcoins that's not a scam, has stood the test of time, and fun fact: is a direct fork of the original bitcoin but with improvements that make it superior in multiple areas And something interesting has happened on the latest weekly candle: we're breaking a major downsloping supply line that was first established when the downtrend began, and now while there's some overhead resistance above, if this truly is a new bull cycle then it should have no problem running to at least the previous ATH of $400+ ideally within 6-12 Months.Longby CryptoGuy2349
Do not underestimate Litecoin (1000π°)Hi everyone One of my old and favorite currencies is Litecoin In my opinion, his position should be higher than this The first target is 115 The second target is 230 The third target is 380 If it can break the blue line and stabilize, there is a high probability that we will see 1000 dollars Good luckLongby Arash_Kamangir202014
LITECOIN making the Cyclical Bullish breakout you MUST NOT MISS!Litecoin (LTCUSD) has managed to make a Triple Bullish Break-out as not only did it break above the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line), both of which have been Resistances since August 2023 but also above the Lower Highs trend-line that started at the May 10 20221 top of the previous Cycle. This constitutes a Cyclical Bullish break-out because as you can see, every time LTC broke above the Lower Highs trend-line in the past 2 Cycles, it confirmed the official start of the parabolic rally to a new All Time High (ATH). Our target is $450, which is just below the ATH Higher Highs, a level that has been hit on both previous Cycles. If broken, LTC can even reach as high as $700 or even $1000 (1.382 Fibonacci extension) but those are overstretched technical levels that would require extremely positive fundamentals. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot181863
LTC Breaking the Bull FlagToday, LTC is breaking the bUll Flag. It's been printing, and, I think we will have these next fib-levels to look for as stop losses or profit points. However you trade, enjoy it. And THIS IS NOT FA. DYOR. Longby cnote56112
Litecoin/dollar Multi-Year Breakout; Expansion to 4-digitsThe idea is simple. There are numerous converging tailwinds that suggest LTC/USD faces a radical repricing event in the weeks ahead. Not all data points have been listed here (see chrisoncrypto.com or my pinned post on X for more). Typically, LTC/USD experiences a drawdown post-halving, but that drawdown is historically temporary, and precedes the coin's bull-market move. Halving dates have not been added to this chart, I invite you to check them out though. Instead, we draw attention to a curious cyclical pattern that tends to lift-off around the 44-day threshold since the crypto's launch on Bitfinex. Curiously, on-balance volumes did not deteriorate significantly during the bear market either, and have in fact held up amidst a bout of accumulation between the $60-$100 level. The multi-year symmetrical triangle measured move offers a price-target of around $2,200-$4,200. If it sounds implausible, imagine if it was a 5-minute chart. Another bundle of data points, which have been significantly trimmed in order to adequately show price-expansion targets is the Master Network Value Model; which uses several on-chain metrics such as total addresses, tx counts, hashing power and others to project fair value. For more info, feel free to follow along on X. @chrisoncrypto1Longby chrisoncrypto1115
This might be it for LTC4H chart and RSI looks very good, I don't think there's gonna be anymore wicks down, but I don't wanna say never. We might have hit bottom on LTC/USD pair, but not on LTC/BTC.Longby DigitalRevolutionPhase53
Not yet LTCI just noticed a test on resistance. I think LTC will need to test support 1 more time in order to break the current resistance by DigitalRevolutionPhase5Updated 18183
Litecoin, Breakout Of Channel, Continuation When Confirmed!Hello Traders Investors And Community, welcome to this analysis about the recent events happening in litecoin, the current price-action and where the crpytocurrency-coin can continue further in the the next time. Recent occurrences in the cryptocurrency-space made provided mixed signals in the different crpytocurrencies, while the major bitcoin is still under a significant resistance level which hasnt been taken out yet there are coins like cardano or ethereum which made an new higher high already. One of the coins which provided some interesting signs on the surface and that can lead for some profitable opportunities soon is litecoin, therefore we are looking on the technical side of things in the 4-hour locally timeframe. As you can see in my chart litecoin recently formed an huge and meaningful downward-direction-channel with its low at 39.5, in recent mechanisms the price just broke out this downward-direction-channel with some good and solid volatility to the upside. As it made a new high in the structure at 47.9 it experienced a bearish pull-back now, at the moment it is within the likelihood spectrum that this pull-back will continue to the downside as soon as we get some fundamental support to stabilize in the structure, the next important support will be the lower boundary of the downward-direction-channel and the coherently confirming 300-EMA which you can see marked in blue. When we reach these levels and confirm them as support there is a good chance given that litecoin sets up to form some legs to the upside, be sure that the needed support-levels confirm properly otherwise when we fall below the 300-EMA and into the downward-direction-channel, this will add a bearish shape to the structure and more downside is possible. But when we confirm it rightly as support the targets you can see are activated and the middle-term-target is reached when we dont get any significant bearish pressure on the way which will alter the dynamic, the whole long-term-target of the downward-direction-channel is even higher so it will be interesting to see how litecoin reacts in the upcoming resistance. Overall we can expect that litecoin is one of the decent coins at the moment but although with good upside potential especially if we take out important resistance-levels. The whole cryptocurrency market is sending mixed signals for now and we need to elevate where the journey is heading, also I discovered that the equality between the coins gets a higher spread this can lead to a dynamic which will change the market in fundamental ways as some coins loosing public demand and others get a boost of new fresh liquidity similar to the stock-market where there are big differences in stocks, traders and investors should be prepared for this and dont fall for the illogical approach to trade just anything and overconjecture the situation seen too often these days. In this manner, thanks for watching, support for more market insight, also you can follow my social networks which you see in the signature for more in-depth, appreciate my friends! ;) A wise thing that makes sense and needs to be encouraged is to strive for greater enlightenment in the modern markets. Information provided is only educational and should not be used to take action in the markets. by VincePrinceUpdated 9962
Litecoin - Looking To Buy Pullbacks In The Short TermH4 - Bullish trend pattern. Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.Longby VladimirRibakov1
Will History Repeat Itself?Is it truly a bull market if LTC doesnβt start pumping? I have a pretty detailed memory of 2017. Holding 50 LTC i bought at $45 in April, not hitting any profit on it and watching everything else blast off. Ended up selling it out of frustration. A few weeks later it hit $100 and after that you can see it on the chart. If history is repeating, then LTC should start seeing some of that summer loving. Longby Merrils_Bank225