Litecoin Weekly View - March 2023Hello Guys, Weekly Analysis is on the LTCUSDT Symbol in a 1H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
LTCUSDT
✴️ Litecoin Back On Track | $155+ Next Jump (80% Potential)For Litecoin, we have the same pattern as Shiba Inu but more advanced.
The pair ended its correction by bouncing off the MA200 black line.
Then it started to recover slowly but surely.
While SHIBUSDT is now trading above EMA10 only after the MA200 recovery, LTCUSDT is trading above EMA10, EMA21 and EMA100 as well as challenging EMA50.
We have the same MACD bullish cross and the RSI is back above 50, the RSI is once again really strong.
This higher low will lead to a higher high.
More growth than what we are mapping will take place.
But we are conservative with the public charts.
There is always more opportunities, there will always be more.
✔️ We are gearing up for the bull-market of 2024.
✔️ In 2025 we will have the next major bull-run.
Namaste.
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 88.21 (stop at 84.71)
Hourly momentum has stalled and our bias is now neutral.
Daily signals are mildly bullish.
A break of the recent high at 88.12 should result in a further move higher.
Short term RSI is moving higher.
The medium term bias is neutral.
Our profit targets will be 96.71 and 98.71
Resistance: 82.50 / 85.40 / 88.12
Support: 80.00 / 78.00 / 75.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LTCUSDT hitting daily support, a long is favorableThe price has hit the daily support area. I would expect the price to have some bounce from here and a long will be favorable here.
Litecoin longLitecoin bounced off the ascending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 88.2 is possible.
LTC IS VERY BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
🚨 LTC: Trades...Key resistance levels are marked with red lines.
Support levels are orange lines.
I trade RR2 and with a risk of 0.5% at the entrance.
Support levels are based on individual instances and takeovers.
#Litecoin Strongly Rejects Bears, LTC Uptrend Anchored At $65Past Performance of Litecoin
Litecoin is up 24% in the past three days, tracking higher, and aligning with the primary trend. Buyers are in control, bottoming from recent lows, a bullish development for holders. In the short term, the coin has support at $65. Meanwhile, resistance lies at around $90.
#Litecoin Technical Analysis
The path of least resistance is, from a top-down preview, northwards. From the daily chart, there is a double-bar bullish formation. Specifically, the bull bar of March 12 is bullish engulfing and with rising volumes. Subsequent confirmation yesterday solidifies the bullish outlook. Per this formation, traders can load the dips, targeting $90 in the short term. This preview will only change should LTC drop below $65, the 78.6% Fibonacci retracement level of the November to February 2023 range. Losses below this line may see the coin fall to Q4 2022 lows.
What to Expect From #LTC?
Traders are bullish, and LTC prices may continue inching higher in the short term. The next target is at $90, flashing with February 2023 lows. Further gains may see Litecoin expand above the February range to print new Q1 2023 highs.
Resistance level to watch out for: $90
Support level to watch out for: $65
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTC ready for a new bull runEntry: 70-78$
Target: 140$ or higher
Stoploss: 60$
This is not investment advice, trade at your own risk.
✴️ Litecoin Next Target Mapped Series ($158 Next)Two things mainly when looking at Litecoin.
The correction happened suddenly and strong but the same as it happened to all other pairs.
We can see Litecoin bouncing perfectly off the 0.618 Fib. retracement level for the entire bullish wave that started in June 2022.
We have the highest volume since November 2022.
If you remove the 3d candle from November 2022 then we have the highest buy volume since November 2021... This tells you everything you need to know.
Litecoin is gearing up, preparing, loading to go up, up, up.
The next target I see as $158.
A bit higher, maybe $167 or so before another correction, longer in duration than what we just saw.
This potential remains valid above the June 2022 low, almost impossible to negate and so we say Litecoin has high probabilities of continuing up.
Namaste.
LTCUSDTLTCUSDT
LTC engulfed on the 8-hour chart and is already strongly returning towards the MM200, but before that it has the resistance imposed by the Keltner Channel at 77.13 2 85.94.MACD and positive RSI, show a probable trend reversal.
Despite the current market turmoil , the network's latest update confirms that it has maintained its transaction consistency on BitPay.
The Litecoin network had the second highest number of transactions in the last six months, second only to the Bitcoin network. In February it controlled 23.71% of all transactions on BitPay.
Follow the supports and resistances in the 1H team
Brackets: 67.65 / 66.97
Resistances: 68.75 / 69.02
NQ1 opened very volatile, watch out for today's trades! Low leverage please!!
Litecoin 5+ Years RSI DivergenceLitecoin is showing some phenomenal, multi-year RSI divergence. Such simple TA doesn't need much writing.
This is NOT financial advice.
Litecoins Golden Ratio to the Golden GatesMulti Year Range.
Halvings.
0.618's being respected everywhere.
With the turmoil in TradFi right now, we're either getting great entries in this sweet spot, or everything is going to capitulate.
LTC: Oversold at SupportLitecoin (LTC) technical analysis:
Trade setup : Following a Bearish breakout from Channel Up pattern, price broke below $80 and $70 support, and below 200-day MA, reversing trends. It is very oversold now (RSI ~ 20) and could bounce up near-term.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $70, which it broke, then $60. The nearest Resistance Zone is $80 (previous support), then $90.
LTC IS VERY BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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 Drops 40% As LTC Sellers Aim For $60Past Performance of Litecoin
Litecoin is down roughly 40% from February highs, looking at the arrangement in the daily chart. The trend is established, and the path of least resistance is southwards. Bears have been resilient, following losses below $90 in early March, aggressively dumping on every pullback.
#Litecoin Technical Analysis
The immediate trend is bearish, and sellers are pressing on the liquidation pedal at the driving seat. At this pace, not only can LTC bears reverse gains of the better part of Q1 2023, but if the momentum is strong, the coin might drop to retest December lows at around $60. As it is, the March 8 bear bar is wide-ranging, with rising volumes, meaning the momentum is high. Traders can liquidate on every attempt higher below $90 setting sights on $60 in the near term.
What to Expect from #LTC?
Unless otherwise there is a counter bar with equally rising volumes rewinding yesterday's losses, the downtrend remains. Therefore, sellers may search for entries to liquidate with targets at crucial support lines in the short term.
Resistance level to watch out for: $90
Support level to watch out for: $60
Disclaimer: Opinions expressed are not investment advice. Do your research.
🚀 LTC IS CRAZY!Locally, the coin is under a downtrend (red descending line). In case of breakdown of this line, we will see a hike to the level of $88.
$88-93 are key resistances. Pay attention to what volumes are concentrated at these levels.
I highlighted the supports with orange lines. We will observe the reaction at these levels. I will go long from these levels with a small volume (I will reduce the risk, since in general we have a lot of limits set now).
Usually, Litecoin skillfully works out breakdowns of dynamic lines. Let's see what happens this time.
LTC/USDT 1DInterval Resistance and SupportI invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel from which the price came down.
Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $83, where the price is currently located, the second support is at $77, the third support is at $70, and then we have the fourth support at $60.
Looking the other way, we see first resistance at $88 to $91, then second resistance at $94 to $97, then support at $100, then support at $105.
Please look at the CHOP index, which indicates that there is some energy left for further movement, the MACD indicates that we are moving in a downtrend, while the RSI has a rebound and we are approaching the lower limit of the range.
[2023-03-07] [BYBIT:LTCUSDT] [LONG]Practice good risk management!
Anything can happen.
In order to make money, it is not necessary to know what will happen in the next moment in time.
For any given set of variables that define competitive advantage, there is a random distribution of failures and successes.
Competitive advantage is nothing more than an expression of a higher probability of the course of events developing in a certain way.
Every moment of the market is unique in its own way.
You alone are responsible for your trading – both gains and losses.
Good luck and happy trading!
Whether or not the price defense will be successful is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
The key is whether the price can sustain the price by rising above the HA-High indicator on the 1W chart.
-----------------------------------------
(LTCUSDT 1D chart)
You need to make sure you are supported and able to ascend near 85.91, the lower point of the ascent channel.
If not, you should check for support around 74.32-81.33.
As long as it does not fall below the long-term downtrend line (1), we expect it to continue its uptrend.
In order to continue the full-fledged upward trend, it is expected that it will start when it rises above 89.95-100.50.
Looking at the 'Vol & Trend' indicator, it shows that the selling force is increasing while the trading volume is showing sideways.
Therefore, I think it is important to have support around 85.91.
If the selling force continues to rise, there is a possibility that it will fall out of support around 85.91, but for now, we can see that the price is well defended.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
---------------------------------
LTCUSDT : Long Trade , 4hHello traders, we would like to check the chart of LTCUSDT in 4 hours time frame. The price is moving in an ascending channel and has made a correction towards the bottom of the channel as well as the key level identified around 85.00 price and has quickly returned. We expect this level to maintain the uptrend and the price will rise again to around 101.00. Good luck.
Ltc Getting Ready For Massive Breakout Seems Like Ltc Has Bottomed Out In higher timeframes
Forming Descending Channel In # Days Timeframe
Incase Of breakout expecting #20 To 340 % Bullish Move
Always Wait For confirmed Breakout Without Breakout Ltc Will Remain Bearish
Litecoin to extend losses?Litecoin - 24h expiry - We look to Sell a break of 85.77 (stop at 88.27)
Short term momentum is bearish.
There is no indication that the selloff is coming to an end.
A break of the recent low at 85.93 should result in a further move lower.
Short term bias has turned negative.
The trend of higher intraday lows has also been broken.
Our profit targets will be 79.77 and 78.77
Resistance: 89.11 / 90.00 / 91.50
Support: 87.50 / 85.93 / 83.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
