LTC, Litecoin - I expect on this entry point🔥Price formed a clear triangle. I'll open a long position only in case when the price will make squeezing, breakout, and retest. Set an alert and wait for realization.
Write in the comments all your questions and instrument analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Litecoinforecast
LTC - 6h. Buyers need to keep the range $158-168The protracted consolidation in the LTC market is coming to an end. Before the consolidation, 2 unpleasant events happened. Unfortunately, buyers were unable to keep the boundaries of the trend channel, in which the price moved from December 23. In addition to the trend line, buyers lost an important range $220-230 , from which the LTC price began a new wave of growth and renewed its high.
On the positive side , however, buyers have managed to maintain control over the range of $158-168. This price zone saved the LTC market from February to April. It is this fact that gives buyers a great chance to continue the price rollback to $220-230. In the short term, this is our main target.
Globally, the range of $220-230 may only be the first stop on a buyers journey.
By holding the price zone of $158-168, buyers will secure themselves a medium-term price vector with a target of $280 . It is in this mark that the future fate of the LTC market will be decided.
The main task of buyers at the moment is not to lose control of the market over the weekend. Well, let's see how they do it on Monday.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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LTC, Litecoin - the first goal is...Preconditions for growth:
- accumulation zone 172 - 186
- squeezing to the resistance line
- false breakout on the resistance line
- after that moving up (it means that for someone it's important to go up)
The first goal is 210. With SL.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Litecoin could test 260 resistanceAlso Litecoin recovered after the deep selloff in the crypto market and after a low of 120 is trading now at 180.
In my opinion, a new leg up is in cards for this coin and dips towards 150 should be bought.
130 is now support and must remain intact for this scenario to be valid
Don´t tell me I didn´t know. Hello Trenders,
If you here right now scanning between thousands of chart analysis, this one may do it.
Now even my grandmother knows that Litecoin will double its value in USD this year.
What she doesn´t know is... the motherfu.kin Litecoin may skyrocket x10 from this new bottom and pay for my next vacation like it did every cycle.
The double top was broken just enough to be ready for mooning. Volume is speculative like the masters of Litecoin. Trend looking good, time to buy some.
This trade may take 7 months.
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M.M.M (Make Motherf.ckin Money)
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Will Litecoin test 247 level before end of the month?If it can hold 146 level strong, possible scenario is, it will close this week above 203 and will test 247 level before end of the month. Close above 301, bulls are back in control. Why 146 should be a strong support? It's the high of June 22nd 2019 and also meets the trend line as drawn. Not a trade recommendation or advice.
LTC, Litecoin - in this case we'll grow👀Price came back to a strong mirror level. The best variant for growth - slowly squeezing near to level and only after that - breakout. As always, buying after retesting with SL lower than level. Don't forget, it's only a possible option to open a position. Let's see
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Litecoin (LTC) - 6h Global target $455Buyers have chosen a fairly calm tactic after the recent correction of the LTC market. An active wave of decline, which lasted from April 17 to April 25, ended with a halt in the Litecoinusd price in the range of $220-230 . If we look at the chart, we can see that each hit on a given liquid area occurred at large volumes. And it was after a short consolidation in this range that buyers' counterattack began.
However, this counterattack looks much weaker in the nature of the price movement than the previous wave of decline. Buyers have organized movement within the local black growth channel and are heading for renewal of the high. Today's attempt by sellers to break through this channel failed. However, it is too early to talk about a confident fixation of the LTC price above the range of $280-285. It is worth waiting for the close of the 12-hour candle. As long as the LTC price is within this channel, buyers will feel confident and continue to push the price with an ultimate target of $455. However, not everything is so simple in our opinion.
If we analyze the chart of the LTCBTC pric e movement, we can see that buyers managed to break through the global trend line of the falling channel:
In this channel, the price of LTCBTC has been moving since September 2019. The importance of this trend line can be seen in the trading volumes on April 16. Even due to large volumes, buyers were unable to close the daily candle above the white channel of the fall.
Thus, according to the LTCBTC chart, a new powerful impetus for Litecoin growth is possible after the price fixes above the range of 0.0054-0.0057 . If by that time the price of BTC can gain a foothold above the range of $60,000-61,000 , we will see a powerful wave of growth in the LTCUSDT market with a target of $455.
This target can be clearly seen on the daily timeframe:
As you can see on the chart, the LTC price moves in the trend channel in the pair against USDT. However, in this case, it is a growth channel from January 2021. This trend movement will end if sellers manage to gain a foothold below the mark of $220. However, if you look at the trading volumes from April 17 to April 25, it becomes clear that the range of $220-230 is very important for buyers. There have never been such large sell volumes in the history of LTCUSD trading. We think that after such an aggressive wave of decline, sellers will not leave so quickly. We expect to see a retest of the $ 220-230 range, from which buyers will start a new growth momentum.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
I ANALYZE FOR YOUR COMFORT - LITECOINLitecoin escapes from the consolidation channel, and starts a new climb. Long prediction for today.
If you appreciate my analysis please like and follow. If you want other tools analyzed, leave their names in the comments, and in the next hour I will publish the analysis. Everything on green !!
LTC/USD LONG SET UP (HODL) UPDATELTC/USD (LONG SET UP)
BUY AT- $225.00/ $205.00/ $170.00
Note- LTC will become bullish as bitcoin does
TP.1- $300.00
TP.2- $325.00
TP.3- $350.00
TP.4- $375.00
Support: $230.00/ $220.00/ $200.00/ $185.00/ $170.00/ $150.00-$140.00
Resistance: $245.00/$255.00/ $265.00/ $275.00/ $290.00/ $300.00/ $325.00/ $350.00/ $375.00
Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.