IS LTC about to launch?Just watching some patterns and keeping the world news and blockchain milestones in mind.
LTCBULLUSD trade ideas
LTCUSDTHello Traders,
As we can see that after a long bearish transversal now we can expect a bullish trend from here as we can expect a pull back from here.follow chart pattern to open a position.
Litecoin Halving Complete - what next?The 2023 Litecoin halving is complete. Block rewards have reduced from 12.5 LTC per block to 6.25 LTC per block.
Last Litecoin halving in 2019, the price of LTC sold COINBASE:LTCUSD off about 77% before starting the next bull run up to $419.
Currently, sitting at $83, a similar sell off would cause litecoin to trade down to around $25 per coin.
LTCUSD: Are you guys ready for 124?Dear traders,
Hope you are doing great, we have an excellent opportunity to be involved with this great cryptocurrency LTCUSD currently in consolidation phase and soon we will be seeing an excellent BULLISH IMPULSE taking price to the maximum level 124.00
#LTCUSD- LONG BIG MOVE TARGETING 106!-After a months of bearish and seller control price recently have shown the bullish reversal, potential a long bull trend has began. Price bounced at the daily external liqudity zone.
-Our first target that we are aiming is 106 however if we break that trend then it will be an indication of the long run.
-Trade will be activated once it shows some retracement so we will have a spot on entry.
-If you like the idea, do let down your views in comment.
LTC forecast for the rest of the summer.Looks like LTC found good support on the bottom of the inner channel and we should see a small pump up to the daily SMA's at the very least or even up to the heart line at the most because there is not much room to the upside on the 4HR RSI. From there I expect the LTC price to dump to the bottom support line of the outer channel which will coincide with the daily RSI touching oversold. From there we obviously ride to the top of the channel keeping an eye on these indicators to exit.
Since the halving pump didn't happen, I don't expect a dump. The trend will continue until LTC breaks out of macro chart patterns seen on the weekly that have targets of $160 and $400.
This not financial advice. Entertainment purposes only.
New idea for LTC. Repeat of history?The last time LTC had a false bull ... it turned out to be just wave 1 of a large impulse wave that took LTC to $400. Of course, that coincided with a BTC rise, and the much anticipated "alt-season".
But go back to 2020, end of summer, and you will find a very similar pattern. If I follow this pattern, we could have a swing low to the bottom of wave 2 ... around $50 ... I'm timing the B peak and the C bottom, when the ichi cloud has a twist (see transition from green to red, or vice versa) ... then perhaps it starts to take off?
Let's see if history repeats itself.
LTC Price Contraction Hints at Imminent Breakout!Bearish Channel in 4-Hour Chart: LTC's price has fallen within a bearish channel, resulting in a 27% drop over the last 40 days, reaching the $80 support level from a high of $113.
Sideways Movement at $80: Litecoin's prices have remained sideways for the past week, staying at the $80 level.
Rejection at 50 EMA: A bullish attempt to start a positive cycle faces rejection at the 50 EMA, causing a contraction in LTC price and trapping trend momentum, hinting at a potential high-momentum breakout.
Uncertainty of Breakout Direction: The direction of the potential breakout remains uncertain, adding to the complexity of the current price action.
Daily Chart Bearish Pressure: The overall uptrend faces bearish pressure with an ongoing correction phase, and the increasing possibility of a death cross threatens a bearish fallout from the channel.
Potential Fall to $72: If buyers fail to maintain dominance at $80, LTC's price may challenge the $72 support level.
Possible Bullish Reversal to $95 or $103: A bullish reversal breaking above $85 could fuel a breakout rally, pumping LTC's price to $95, and if sustained, the uptrend could reach $103.
LTC/USD Analysis: Litecoin Price Declines after HalvingOn Wednesday, August 2, the planned halving took place in the Litecoin network. Now the reward of miners for each mined block has decreased by 2 times from 12.5 LTC to 6.25 LTC. Theoretically, this should make the cryptocurrency more scarce.
On the eve of the halving, experts were bullish. Thus, financier David Cox voiced a forecast about a possible increase in LTC to USD 189.2. Analyst Michaël van de Poppe provided a bolder upside scenario to USD 200. Also positive statements were made by the creator of the Litecoin project Charlie Lee. However, in fact, we see that the LTC/USD rate fell after the halving.
According to the technical analysis of the LTC/USD chart on a weekly period:
→ The “round” level of USD 100 looks like an important resistance. In 2022, it acted as support, but in 2023 it proved to be able to keep the price of litecoin on the back of a general rally in the cryptocurrency market and the positive associated with halving.
→ The price is near an important support (shown in blue) that has been in effect since mid-2022. The price shows no signs of a bounce, which calls into question the strength of demand and increases the likelihood of a bearish breakout.
→ The USD 50 level looks like a major support, because it kept Litecoin from falling in the second half of 2022, when the same bitcoin was making new lows amid the collapse of the FTX exchange.
A breakdown of the narrowing triangle that forms the blue support line and the psychological level of USD 100 per coin can lead to a significant trend.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 85.11 (stop at 82.11)
We are trading at oversold extremes.
Bullish divergence is expected to support prices.
A break of yesterdays high would confirm bullish momentum.
Prices have reacted from 79.15.
The bias is to break to the upside.
Our profit targets will be 92.11 and 93.11
Resistance: 84.90 / 86.50 / 87.50
Support: 82.00 / 79.15 / 77.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group
LTCUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR
LTC long time look outI made this graph a 6 months ago. I dont have any trade skills, few years of hodling, only :)
LTCUSD Will Go Higher! Buy!
Take a look at our analysis for LTCUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 84.13.
The above observations make me that the market will inevitably achieve 90.56 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 83.52 (stop at 80.52)
We are trading at oversold extremes.
Bullish divergence is expected to support prices.
Dips continue to attract buyers.
Prices have reacted from 79.15.
The bias is to break to the upside.
Our profit targets will be 90.52 and 92.52
Resistance: 83.40 / 85.50 / 87.50
Support: 82.00 / 79.15 / 77.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group
LTC! TARGET #1 SMASHEDAND just like that...
LTC did in fact, RESPECT THE TA. Lots of money makers coming soon
45m: $LTC - Beautiful; Trendline BustedHey y'all. Lets just appreciate how beautiful LTC looks this fine Saturday.... ;)
Jokes aside, LTC can busted through the local trendline on the 45min time-frame and is now breaking above the local demand line and is getting some nice follow through from the bullish divergence i.e the RSI.
LTC is looking pretty good compared to some of the other coins and its price movement/structure is a lot more appealing when trying to size up the asset and make a better judgment on where she might go.
However, we must get confirmation via a backtest of the local demand line in order to feel a lot more confident IF one was going to put in a position.
These are just my opinions and me just charting pretty things on a saturday night.... ;)
Later traders
/r
-B
Ltc ready to pop I'm seeing a lot to like about the coin and I'm buying the coin on Monday 7th aug for a semi long term 2 to 3 weeks . Should pay dividends over 2 weeks .
The trend is your friend till the end! Last hope for LTC!We're in an ascending channel on the daily. I believe the daily price action will touch the bottom of this channel sometime soon, this will also coincide with the daily RSI touching oversold. This looks like an excellent entry point, but as always keep a stop loss because we are after the halving and this whole bullish structure is breaking.
Not financial advice.
LTC/USD OUTLOOK FOR THE NEXT BULL RUN 👀🇬🇧 For the moment the halving is manifesting itself as a "Buy the rumor, Sell the news"
In my view I believe we will see a -40% decline over the next 6 months and complete the symmetrical triangle. Waiting for interesting buying areas, ideally 55/65
Long-term target (2024) 330, any price spikes would also bring it to around 500. It is always an altcoin of dubious utility to be taken with a grain of salt.
🇮🇹 Per il momento l'halving si sta manifestando come un"Buy the rumor, Sell the news"
A mio avviso credo che assisteremo a un calo del -40% nei prossimi 6 mesi e completeremo il triangolo simmetrico. Aspettando aree interessanti di acquisto, idealmente 55/65
Target di lungo periodo (2024) 330, eventuali spike di prezzo lo porterebbero anche intorno ai 500. Rimane sempre un altcoin dalla dubbia utilità' da prendere con le pinze.
Selling Litecoin at previous support.Litecoin - 24h expiry - We look to Sell at 87.88 (stop at 90.88)
Previous support level of 88 broken.
Previous support at 88 now becomes resistance.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Daily signals are bearish.
Our profit targets will be 80.88 and 78.88
Resistance: 83.00 / 85.50 / 88.00
Support: 82.20 / 80.80 / 78.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
LTCUSDTHello Traders,
AS we can see That LTC is currently on the strong double bottom bottom and also in a channel as per the chart prediction we can open a long from here.
follow chart plan to open a position.
LTCUSDTHello Traders,
AS we can see That LTC is currently on the strong double bottom bottom and also in a channel as per the chart prediction we can open a long from here.
follow chart plan to open a position.
Is there THIS hope for LTC?I'm fairly convinced that LTC's future is closely tied to that of BTC.
Going by historical data, LTC has posted new all time highs after BTC has done so (in the so called Alt Season).
So the real question is what will BTC do?
Here, I've drawn a channel, support by the ichi cloud.
The halving has passed, and it seems LTC is holding up okay (so far).
We are also close to a major pivot area (based on prior trade data, you can see this zone acted as support and resistance) ... so either this is where it holds, and eventually we go up, or there could be a fairly substantial downward correction happening ... but I wouldn't play that unless it breaks this channel, the cloud, and the pivot area and clearly closes below it.
Not financial or trading advice. Just the little thoughts in my head.
Your trades are your risks.
