LTC/USD - Litecoin about to his three digits - AGAIN! 🚀Slow and steady wins the race, right? :)
Litecoin is about to hit $100 and you can't do anything about it.
If this key resistance is broken, then LTC will likely run off towards $120.
Important price action today/tomorrow. Stay tuned as this baby is about to rip.
Bias is bullish on this price action, but volume could use some love.
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LTCUSDT
LITECOIN LTC price is preparing for continued growthToday we will bring to your attention the medium-term trade LTCUSDT and something more, read to the end!)
Entry $69.1
Stop $60.23
Take profit $95.74
Profit/Loss ratio 3/1
Since the Fed will announce a new rate today, we expect increased volatility in the market, so we are putting the entry order of trade well below the current price.
This trade fits into the logic of the LTC price movement, which we described in our global idea a few months ago.
In general, the Litecoin price was one of the first to show quite good growth, outpacing even the growth of BTC
One of the reasons for the rapid growth of the LTCUSD price may be the fact that LTC halving occurs about six months earlier than BTC halving, although they occur on the same mined block. In 2023-2024, everyone is waiting for the mined block #840000
As you can see on the chart above, the BTCUSDT price has a powerful and long-lasting upward trend immediately after "halving".
The price of LTCUSDT, on the contrary, after "halving", goes into a stage of long-term correction. But after rapid growth, the LTC price reaches its maximum value 6-7 weeks before the planned "halving".
Therefore, we can assume that in the medium term, the LTCUSDT price will reach its high in June 2023.
We will publish our updates on Litecoin from time to time and if you are interested in this cryptocurrency, then put a like under the idea, write a comment and subscribe to us. And you will always be promptly informed about possible price changes.
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LTC is ready to $100Litecoin has been on an upward trend for some time now. I believe that this trend will continue, with LTC reaching the $100 mark in the near future. This is due to a number of factors, including its upcoming "accumulation zone" and its continued growth in popularity among investors. So, if you're looking to invest in a cryptocurrency that has the potential for big returns, LTC may be the way to go.
Litecoin to stall at highs.Litecoin - Intraday - We look to Sell at 90.49 (stop at 92.61)
The rally was sold into but, the dip lower has stalled.
Levels above 90 continue to attract sellers.
We are trading at overbought extremes.
A higher correction is expected.
We look for a temporary move higher.
Our profit targets will be 85.46 and 84.46
Resistance: 88.00 / 88.80 / 90.50
Support: 87.00 / 86.30 / 85.50
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.
LTCUSDT 4H Interval - Resistance and SupportLast in today's chart, we have the LTC chart against USDT, on a four-hour time frame. Let's start by marking the uptrend channel with blue lines, as you can see, the price is leaving the channel down for the second time.
Now let's move on to determining the support and as you can see we have the first support at the price of $85.64, the second at the price of $80.84, the third at the price of $77.11 and the fourth at the price of $73.29.
Looking the other way, we can mark the resistance areas in the same way, but first, it is worth marking the strong resistance zone from $ 90.35 to $ 93.29, only when the price breaks it will go towards the resistance at $ 98.10, and then $ 105.84.
As we can see, the CHOP index indicates that most of the energy has been used, the MACD indicates a local downtrend, while the RSI is moving in the middle of the range.
#Litecoin Is Up 2X from June 2022 Lows, Up Next $130?Past Performance of Litecoin
After dropping to as low as $40, Litecoin prices have more than doubled in the past seven months. The coin is up 125 percent from H2 2022 lows and galloping higher in a bullish breakout formation.
#Litecoin Technical Analysis
Traders are upbeat, but the uptrend, like what has been happening across the board, has been labored. Notably, LTC has resistance at around $92, marking January 20 high. On the lower end, support is the flexible support line, or the middle BB, and $80. As long as prices are above $80, every low from spot rates, below the middle BB, will be a retest, allowing for possible accumulation. In that case, traders might target $90. Further gains above $92 will open up LTC for March 2022 highs of $130.
What to Expect from #LTC?
Buyers are in control. The current consolidation has formed a bull flag as the middle BB offers support while $92 caps the upside. Any surge, continuing H2 2022 gains, may see LTC rally to Q1 2022 territory.
Resistance level to watch out for: $92
Support level to watch out for: $80
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTC: Resistance BreakoutLitecoin (LTC) technical analysis:
Trade setup : Price remains in an Uptrend and is up 45% since our trading video on LTC was published on Dec 18. After bouncing off of $65 support, it broke above $75 and $85 resistance area, firmly reaffirming its uptrend. Upside potential to $100.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $75, (previous resistance), then $65. The nearest Resistance Zone is $85, which it broke, then $100.
LTC/USDT :: buyers have enough power ?!LTC/USDT :::
If the price is sufficiently supported in this range, it can easily break the channel and turn its ceiling into a strong support for itself, and if it cannot break it, it will move to the middle line again, and then again will try to break the channel .
<<<< Analyze simply with The_Best_Trader_1991 >>>>
Buying LTC on dips.Litecoin - 24h expiry - We look to Buy at 88.82 (stop at 86.78)
Our short term bias remains positive.
20 4hour EMA is at 88.83.
We look to buy dips.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 93.92 and 94.92
Resistance: 91.30 / 92.70 / 94.00
Support: 88.80 / 88.00 / 86.30
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.
LTC's odds are stacked in its favorLTC didn't have much of a bull market in terms of PA but that's bound to change this time around. With hard facts and metrics far exceeding its nominal price, this baby's about to pop loud. I think most will get shaken out early because it's had a habit of correcting hard. I don't seen a hard correction this time around...
I'm just a monkey with a TV subscription. This is not financial advice.
lITECOIN #LTC UpdateLitecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
To learn more about this project, check out our deep dive of Litecoin.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
💲 Litecoin First Significant Rsistance 💲💲 Litecoin First Significant Rsistance
💲 Nearest strong support zone: around the 0.236 fibo level of the downward wave.
💲 Nearest strong resistance zone: around the 0.236 fibo level of the downward wave.
💲 Technical environment:
- Moving averages: uptrend
- MACD: Uptrend
- RSI: Uptrend
💲 Price action: Litecoin has once again attacked the recent rally as well as the entire cryptocurrency market, there is a good chance for the uptrend to continue after such sharp increases during Friday's trading session.
💲 The scenario I'm playing out is a continuation of the upward trend on litecoin in the vicinity of $130. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
LTC: Approaching ResistanceLitecoin (LTC) technical analysis:
Trade setup : Price remains in an Uptrend and is up 30% since our trading video on LTC was published on Dec 18. After bouncing off of $65 support, it broke above $75 resistance and reached our target of $85 resistance area. That’s where it got rejected a couple of times in Nov/Dec as traders took profits. Now we wait for price to 1) break above $85 to resume uptrend, or 2) pull back near $75 support for another swing entry.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $75, (previous resistance), then $65. The nearest Resistance Zone is $85, then $100.
LTCUSDT NEXT MOVE!!!Here we can se that "LTCUSDT" in 1 DAY time frame has already taken BREAKOUT from the red TRENDLINE and is trying yo RETEST the line near the zone of "74.68" also you can see that the stocastic RSI has a support at "-0.44". If it takes restest then the price can bounce back til the HORISONTAL RESISTANCE of "132.33" you can see a good LONG OPPORTUNITY at that zone.
ENJOY!!!!
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the chart of LTC in pair USDT, taking into account the one-day interval. As you can see, the price has been moving in the uptrend channel for a long time, but currently we can see that we are on the verge of exiting the downtrend channel.
In such a situation, it is worth marking the places of support for the price, and here we see that the first support has been broken, the second is at $80, the third is at $76, and the fourth is at $72.50.
Looking the other way, we see that the first resistance is again at $85, while once the price breaks it, the next significant resistance is at $100.
Please also look at the CHOP index, which indicates that the energy is slowly starting to grow, the MACD is close to indicating a downward trend, and the RSI has a rebound after almost a month's increase.