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LTCUSDT

#Litecoin Bulls Firm but Capped below $58 and the 20-day MAPast Performance of Litecoin Litecoin is surprisingly firm, gauged from its performance in the daily chart. After steep losses at the tail end of last week, Litecoin bulls flew back, propelling the coin higher over the weekend. Presently, LTC is in the green territory in the past 24 hours and looks likely to reverse the losses of August 26. #Litecoin Technical Analysis LTC is up roughly seven percent from 2022 lows and in green in the past 24 hours. Even so, the coin is within a bearish breakout formation and trading below the flexible resistance line marked by the 20-day moving average. Immediate trigger lines are at $58 and $60, at around the August 19 high. On the lower end, dips below last week's lows at $51 may see LTC post more losses. Risk-aggressive traders may unload on every attempt higher with sights set at $50, or lower, as they trade with the primary trend. On the reverse side, conservative traders may wait for a clean drop, preferably with rising trading volumes, below $50, targeting 2022 lows at $40. What to Expect from #LTC? The coin is firm at spot rates. Depending on how prices react in the immediate term, August 26 losses may turn to be climactic if prices edge higher, breaking above $60 with expanding volumes. Conversely, Litecoin may swing back to trend if there are sharp losses, diffusing the bullish momentum posted over the weekend. Resistance level to watch out for: $58 Support level to watch out for: $51 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
Litecoin looking brighterLitecoin Intraday We look to Buy at 56.26 (stop at 55.05) Daily signals are mildly bullish. 56.00 continues to hold back the bears. We look for a temporary move lower. Prices expected to stall near trend line support. Further upside is expected although we prefer to set longs at our bespoke support levels at 56.00, resulting in improved risk/reward. Our profit targets will be 59.00 and 60.00 Resistance: 59.00 / 64.00 / 96.00 Support: 56.00 / 44.00 / 28.00 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.
LLong
by Saxo
Jamie Gun2Head - Selling LitecoinTrade Idea: Selling Litecoin Reasoning: At key 50 day and 50 4 hour moving average - looking for sellers to win the fight Entry Level: 57.05 Take Profit Level: 52.88 Stop Loss: 58.06 Risk/Reward: 4.13:1 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.
COINBASE:LTCUSDShort
by Signal_Centre
Selling rallies in litecoinLitecoin Intraday We look to Sell at 57.84 (stop at 59.89) Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 58.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 53.07 and 52.00 Resistance: 58.00 / 70.00 / 100.00 Support: 53.00 / 40.00 / 20.00 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.
LShort
by Saxo
1
#LTC/USDT UPADTEHi 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. Litecoin (LTC) Price Prediction 2022 Detailed Report Litecoin (LTC) Current Market Status According to CoinGecko, the price of Litecoin (LTC) is $60.49 with a 24-hour trading volume of $340,642,505 at the time of writing. However, LTC has decreased to 4.9% in the last 24 hours. 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. Litecoin (LTC) Price Prediction 2022 Litecoin (LTC) holds the 22nd position on CoinGecko right now. LTC price prediction 2022 is explained below with a weekly time frame. The above chart of Litecoin (LTC) laid out the ascending triangle pattern. The ascending triangle pattern is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. The trendlines of a triangle need to run along at least two swing highs and two swing lows. The ascending triangle pattern is a continuation pattern. Currently, Litecoin (LTC) is at $58.96. If the pattern continues, the price of LTC might reach the resistance level of $101.00. If the trend reverses, then the price of LTC may fall to $51.00 Litecoin (LTC) Support and Resistance Levels The chart below shows the support and resistance levels of Litecoin (LTC). 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
Long
by CRYPTOMOJO_TA
1