#LTC UPADTE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
What is Litecoin (LTC)?
Litecoin (LTC) is one of the pioneer cryptocurrencies that debuted in the crypto space after Bitcoin. LTC was launched in 2011 as Bitcoin-inspired crypto. Litecoin’s creator Charlie Lee calls it a “coin that is silver to Bitcoin’s gold”. Just like Bitcoin, the Litecoin blockchain also operates on the proof-of-work (PoW) consensus
Bitcoin and Litecoin have key differences in their supply cap, hashing algorithm, and transaction speed. LTC has a fixed supply cap of 84 million which is greater than Bitcoin’s 21 million supply cap. Unlike Bitcoin’s SHA-26 hashing algorithm, Litecoin uses the Scrypt algorithm. It takes around 2.5 minutes for a block to be generated on the Litecoin blockchain whereas it would take 10 minutes on Bitcoin.
#LTC
LTC is making this descending triangle pattern which is a bearish pattern currently we are bouncing from the lower support of this pattern IMO In LTC we will some sidewise moves till it does make a breakout or breakdown.
Stay tuned
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
LTCUSDT
LTCUSDTHello Dear friends
If the price range of $53.11 is fully consumed, the possibility of the continuation of the upward trend to the white range of $57.14 will be strengthened.
The primary range for reaction and low risk for us is the yellow range ($49.48).
If the corrective trend breaks below the $48.46 price range, the bullish mentality will expire.
We would be happy to hear your comments
Joe Gun2Head Trade - Bearish Flag on LitecoinTrade Idea: Selling Litecoin
Reasoning: Bearish Flag on the 60min chart.
Entry Level: 52.52
Take Profit Level: 50.52
Stop Loss: 53.13
Risk/Reward: 3.35:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
#LTC is forming this descending triangle pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
What is Litecoin (LTC)?
Litecoin (LTC) is one of the pioneer cryptocurrencies that debuted in the crypto space after Bitcoin. LTC was launched in 2011 as Bitcoin-inspired crypto. Litecoin’s creator Charlie Lee calls it a “coin that is silver to Bitcoin’s gold”. Just like Bitcoin, the Litecoin blockchain also operates on the proof-of-work (PoW) consensus
Bitcoin and Litecoin have key differences in their supply cap, hashing algorithm, and transaction speed. LTC has a fixed supply cap of 84 million which is greater than Bitcoin’s 21 million supply cap. Unlike Bitcoin’s SHA-26 hashing algorithm, Litecoin uses the Scrypt algorithm. It takes around 2.5 minutes for a block to be generated on the Litecoin blockchain whereas it would take 10 minutes on Bitcoin.
#LTC
LTC is making this descending triangle pattern which is a bearish pattern currently we are bouncing from the lower support of this pattern IMO In LTC we will some sidewise moves till it does make a breakout or breakdown.
Stay tuned
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
LTC:Further upside?!Litecoin
Intraday - We look to Buy at 50.42 (stop at 49.29)
50.16 has been pivotal. 50.28 has been pivotal. The previous swing low is located at 50.32. We look to buy dips.
Our profit targets will be 53.19 and 53.99
Resistance: 52.00 / 53.00 / 54.50
Support: 51.00 / 50.00 / 48
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#Litecoin Upside Momentum Fizzling, LTC Trapped in a $5 RangePast Performance of Litecoin
Litecoin is wavy and within a bearish breakout formation. The immediate support and resistance lines are at $50 and $55, respectively. Per the candlestick arrangement in the daily chart, the path of least resistance, even in the short term, is bearish.
#Litecoin Technical Analysis
Currently, LTC prices are consolidating, printing higher highs relative to the lower BB. Even though this may be interpreted as bullish, the failure of bulls to follow through on the bear trend rejection mid-last week and even more rejection of higher prices after the double bar bullish formation of October 15 and 16 points to weakness in the trend. This preview could be explained by relatively low trading volumes in the past trading day as LTC prints lower lows in sync with the August 19 and September 18 bear candlesticks. Aggressive traders may unload on every attempt higher but below $55, targeting $45, the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range. Any eruption of price above $55 may drive LTC towards $65, or August highs, in a buy trend continuation formation.
What to Expect from #LTC?
Litecoin is bearish and edging lower lows in a bear breakout formation, aligning with the bear of August 19. Unless there are gains above $55, every lower low aligning with the lower BB may see traders liquidate, heaping more pressure on holders and forcing more liquidations toward $50 or even $45.
Resistance level to watch out for: $55
Support Level to watch out for: $50
Disclaimer: Opinions expressed are not investment advice. Do your research.
LTCUSDT -Sleeping GIANT😴 Parabolic ALTHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Litecoin /LTCUSDT is an altcoin that I am optimistically bullish on. The reason? Unlike most other coins, LTC is still trading underneath it's first ATH and in the accumulation zone of the Fibonacci Retracement. This is the points between 0 and 0.236 . LTCUSD is no stranger to making parabolic jumps, as we see a near 900% within 4 months. Spot positions may be ideal for this trade setup.
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Buying Litecoin lows.Litecoin - Intraday - We look to Buy at 50.51 (stop at 49.58)
With signals for sentiment at oversold extremes, the dip could not be extended.
We look for a temporary move lower.
We look to buy dips.
Bespoke support is located at 50.50.
Our profit targets will be 52.98 and 53.48
Resistance: 53.00 / 54.00 / 55.00
Support: 51.50 / 50.50 / 50.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LTCUSD - RSI Indicating ReversalRSI has reached its bottom point
Price will likely pose a reversal
I have a feeling that the reversal we will see will be a lot different to the previous two rallies that I have charted (300%,400%). With a bigger breakout being on the horizon.
Linking some relevant ideas below
LTCUSD - Buying LTC into OctoberOctober in the past has been seen as a short term bullish period for LTCUSD
LTC right now is entering its October state and has formed a sharp bullflag like structure
This could be the time for a breakout on relevant time scale similar to that seen in these prior years
Interesting
Buying Litecoin trend of higher lows.Litecoin - Intraday - We look to Buy at 52.21 (stop at 50.98)
The trend of higher lows is located at 52.20.
A lower correction is expected.
Dips continue to attract buyers.
We look to buy dips.
Short term momentum is bearish.
Buying posted close to the previous low of 51.70.
Our profit targets will be 54.98 and 55.88
Resistance: 54.00 / 55.00 / 56.00
Support: 53.00 / 52.00 / 51.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LTC is in accumulating phase!Not financial advice.
Just my 2 cents on looking at charts.
LTC, Litecoin is in accumulating phase, this is the time to buy is now. Relatively low at $54. Looking above $75 and above when there are better developments. This applies to other coins currently. They're waiting for major new events and pretty soon fiat money $ (like in almost all countries, no exceptions) will inflate beyond the fed's controls.
Cryptos will shine again and this is the time to buy/accumulate. Not financial advice.