#Litecoin Down 14%, LTC In A $10 RangePast Performance of Litecoin
Litecoin prices are higher when writing but remain under pressure. As an illustration, the coin is within the bear bar of April 26, and trading volumes are low. At the same time, prices are anchored by the bear bar of April 19 that continues to shape the current formation. Support lies at around HKEX:85 while resistance is at HKEX:95 , or April 16 highs.
#Litecoin Technical Analysis
Sellers are in charge of a 54% surge from mid-March 2023. For now, LTC is down 14% from April peaks, and more could be on the horizon. Notably, the coin is in range inside a tight HKEX:10 zone. Because of this, price action suggests that sellers are in control, provided prices are below $95. Meanwhile, a clean breakout below HKEX:85 will confirm losses of April 19. The emerging trend would shape the short-term trend as LTC would likely flash crash to HKEX:70 in a retest.
What to Expect from #LTC?
The present consolidation validates the downtrend since buyers are yet to reverse losses of the second half of April. As prices move sideways, the odds of the coin dipping below HKEX:85 is amplified.
Resistance level to watch out for: HKEX:95
Support level to watch out for: HKEX:85
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTCUSDT
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 down for a second straight session on Monday, as markets prepared for the upcoming United States Federal Reserve policy decision.
LTC/USD dropped to a low of 86.83 earlier in today’s session, which comes 24 hours after trading at a high of 91.39.
Today’s drop in price has pushed litecoin to its weakest point since last Wednesday when the token was at a low of 84.21.
Looking at the chart, Monday’s move came as the relative strength index (RSI) fell to a support level of 44.00.
At the time of writing, the index is tracking at 44.80, with an upcoming ceiling of 50.00 a potential target for bulls.
Should this point be hit, there is a strong possibility that LTC will move back above the 90.00 mark.
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Litecoin to breakdown?Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98)
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
83.78 has been pivotal.
A break of the recent low at 83.78 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 75.98 and 74.88
Resistance: 87.30 / 88.60 / 90.50
Support: 85.80 / 83.70 / 81.50
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Will Litecoin LTC price start new wave of cryptocurrency growth?It seems to us that the LTCUSDT price is consolidating before a strong upward momentum. The upside potential is +60%, and if we are lucky, it will be +100%.
In general, today's idea fits into the concept of the idea from 2 months ago, where we recommended buying Litecoin no earlier than 65-73$
Last night, when the BTCUSDT price updated its local low, the LTCUSD price did not. This may indicate that buyers still intend to break through the downtrend purple line, which has been in place since May 2021.
A breakout of the trend line upwards can trigger a powerful impulse movement.
Our first target is 130-135$.
If the growth is very rapid and the price of LTC is able to gain a foothold above 135$, then we can expect to reach $170-180
In general, the price movement of LTCUSDT is quite predictable on large time frames. And as we wrote in our research idea, historically, LTC price growth peaks 42 days before "the halving".
So, if we believe what the LTC price has shown in the past, the peak price could come around 13.06
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LTC cup and handle pattern1D chart:
The H&S did not stop falling after falling to the target price of 73.99, and the lowest price reached 64.98. After the LTC stopped falling, it formed a bottom and broke through the neckline price of 88.26, showing an ascending triangle pattern.
Pay attention to the target price above:
99.90
102.65
111.54
117.13
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4 hr chart cup-and-handle pattern:
After breaking through the neckline at 88.26, the price tested around 95.86 twice. The first step back to 85.53 was effectively supported, the second step back to the Fibonacci sequence of 0.382 (89.48), and then broke through the neckline 95.86, and the cup-handle was established.
Follow the goals above:
99.81
101.03
102.24
106.19
108.67
Stop loss: 88.88
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Daily charts operate with spot or low leverage.
The 4 hr cup-and-handle pattern can be operated with a higher leverage to expand profit margins.
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✅LTC is about To do a Bullish movement!
⭐LTC Is in a Cup & Handle Pattern. The Pattern has Not Been Completed yet but It will be Completed Soon! If our Expectations Come True & The Break out Needed for Ascending Further Happens, . we just Have To Be Patient for Break out To Happen.
🤑Stay awesome my friend
Thank you for seeing idea .
Have a nice day and Good luck
LTC/USDTNYSE:LTC
we have an ascending broadening wedge pattern! which is a bearish pattern, but does not mean it will always breakdown, but instead we can use it as a guideline for support and resistance levels.
Inside of the ascending broadening wedge pattern what we have is a symmetrical triangle, you can see the blue dotted lines is support level which must hold if it doese not hold then the green line would be a great buy level, personally as long as btc stays above FWB:25K I do not see us breaking down to that level, so a good trade could be entering the blue dotted line and waiting for a breakout which can be within 38 days because we are starting to compress inside of the symmetrical triangle.
GL
time to regain some losses for LTCin this idea I'm gonna try a long scalp position to regain some losses on LTC against USDT, the price action tells a quick pump continuation may be possible with sights in the 92 area to take profits, no financial advice here only for education and tro try some new strategy tricks, good luck traders
LTCUSDTHello everyone,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for LTCUSDT
Clearly, R2 and R1 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. And S1 is a support area at the bottom that shows the support of price at some points. As we observe the past behavior of price, it could have a severe decline after being rejected at R2 and then by having a recovery trend, it could rise toward R1. But after two rejections by this area, ultimately a rise happened for the price and now the price is moving below the mentioned area. Therefore, it is fluctuating below R1 and we predict it to experience more decline due to the existence of this reverse double bottom pattern here. Another decline is waiting for the price toward S1 and we must wait for some confirmation candles to make sure for a fall and a decline would be there for the price to reach lower amounts. It is even possible that the price moves over the first resistance area and by giving us more fixation there, more increase would be there for it. S1 is believed a perfect point for putting trade orders but we should wait for the price to move toward it and starts being supported and then in our future updates, we will provide specific details for you. It is highly recommended to be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
Unveiling the Secrets of LTC Patients: A Pitchfan AnalysisMethodology:
To analyze LTC patients, I used the Pitchfan tool to collect and analyze data on individuals with a history of Litecoin use or investment. My approach involved collecting data from various sources, including social media, forums, and news articles. I then used Pitchfan to clean and analyze the data, including identifying patterns, trends, and anomalies.
Tools:
For this analysis, I used Pitchfan in conjunction with other data analysis and visualization tools, such as Excel and Python. I selected Pitchfan for its ability to analyze social media and online content in real-time, as well as its intuitive interface and powerful analysis capabilities.
Findings and Conclusions:
Through my analysis, I identified several noteworthy trends and patterns in the data, including a growing interest in LTC among investors and a strong correlation between LTC investment and social media activity. I also found evidence of increased adoption of LTC as a payment method by businesses and individuals, as well as a surge in interest in LTC from younger investors.
Overall, my analysis provides valuable insights into the behavior and attitudes of LTC patients, as well as the broader impact of Litecoin on the economy and financial markets. While there are limitations to this analysis, such as the potential for bias in the data sources and the need for further research, I believe that these findings have important implications for investors, businesses, and policymakers in the years ahead.
LTC LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LITECOIN BITCOIN IS GOING TO EXPLODE! The Litecoin to Bitcoin ratio has been in a massive multi year falling wedge due to all these junk coins coming out and flooding the market. This caused Litecoin to fall on the back burner as many people are stuck on the hype of all the new junk out there. Non the less Litecoin is what it is and its true value is about to show. This wedge has broken after many years and for the first time a golden cross is about to happen which will rocket Litecoin to its proper LTC/BTC valuation. Also if you go look at the Litecoin wallet rich list, smart money has been accumulating millions of Litecoin for the past year in preparation while all the lemmings are buying Shib, XRP, and the like. Litecoin will lead this next Altcoin rally in gains and in adoption as people fly out of their shltcoins and get into assets thats are not securities. So many people are delusional in this space and believe all the hype around the crap that has come out recently as far as new cryptos. Almost nothing will survive the coming SEC purge of the crypto space except for Litecoin and Bitcoin and possibly a couple more. Dont listen to the haters, they are emotional because they are holding bags of dirty diapers and they think they will get rich when in reality they will all lose their shirts unless they get out before the herd and into the proven cryptos like BTC and LTC. Hold strong Litecoin fam, the day of reckoning is coming and we will surely be rewarded for our patience. This is not financial advice this is just my opinion. Thank you
LITECOIN LTCUSD IS GOIN TO $10,000 WITHIN THE NEXT YEAR!Litecoin has been in this Bull pennant formation for years and a break if this pennant will give a measured move to about $10k. This will happen extremely fast and will literally shock everyone in the cryptosphere. Lots of haters out there for Litecoin but thats ok they just dont understand how things work in this space. Let them buy their Shib, Doge, Matic, XRP, BNB, blah blah because at the end of the day they will be the ones to provide us Litecoin and Bitcoin holders with the blowoff and the liquidity to dump on their chins at the top when they mass exit out of 99.9% of the cryptos out there. The chart is undeniable, the pattern is undeniable and I am confident that Litecoin will be right under Bitcoin in short order. All these unregistered securities the noobs are holding are going to evaporate. The SEC will drop the hammer on all of them. Once XRP (the head of the snake) loses the lawsuit there will be a flight to safety within the Crypto space out of all those unregistered securities into cryptos that are not securities. Right now I can only think of two maybe three. Bitcoin, Litecoin, and possibly Digibyte but that one is debatable. Charlie Lee knew exactly what he was doing when he sold his bag of Litecoin. He knew the regulations that were coming. I also think Charlie Lee is the creator of Bitcoin as well or at least knows who it/they were. This is not financial advice this is just my opinion.
✴️ Litecoin C&H | Slowly But Surely Moving Towards New HighEasy to spot the classic Cup & Handle pattern on this chart.
Litecoin is back it, silently, moving forward and ready to challenge its mid-February peak price.
One can remain "objective" and say, "It can break or not break this level, we have to wait and see"... But really? What are these charts for?
The truth is that we know exactly what will happen based on the structure of the chart.
Litecoin will move to 105 and beyond but why?
The fact that the correction lasted only 3 weeks and ended in a higher low is proof enough.
This is supported by the trading volume and also the strong RSI.
Additional supporting signals of the above statement can be found all across the Cryptocurrency market, the Altcoins market and even as far as some of the conventional charts.
The next resistance can be found around 130 but Litecoin can move to 150 and beyond.
Namaste.
Ltc Breakout Ltcusdt
The price of LTC/USDT is currently attempting to break out of a horizontal resistance level and a symmetrical triangle pattern simultaneously.
If the breakout is successful, we anticipate a massive bullish wave to follow. However, it is important to manage your risk and conduct your own research before making any investment decisions.
Please note that every investment involves risk, and there are no guarantees in the cryptocurrency market. Therefore, it is crucial to exercise caution and make informed decisions.
If you find our analysis satisfactory, you are welcome to join us. Thank you for considering our trading idea.