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3X Long Litecoin Token / USD Tether

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LTCBULLUSDT trade ideas

LTC/USDT 1D ChartHello everyone, I invite you to a quick review of the LTC/USDT chart on the 1D time frame. As we can see, the price had a sudden downward impulse below the local downtrend channel, but it quickly returned. Going further, you can see how the price returned above the support at $56.5, then support at $51, and then strong support at $44. Looking the other way, there is resistance at $62, the next resistance is at $65.5, and then there is strong resistance at $70. Only when the price breaks above this resistance will the path towards the next very strong resistance at $82 be opened.
by cryptodailyuk
LTC LONG 📩 Pair: LTCUSDT 📈 Direction: Long 💯 Leverage: Cross 5X - 10X - 20X 📊 Entry 1: 65.00✅ 📊 Entry 2 (DCA): 60.00 ✅ Target 1: 68.00 ✅ Target 2: 75.00 ✅ Target 3: 88.00 ⛔️ Stop Loss: 56.00 LTC is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon. If #LTCUSDT faces resistance at the upper trend line of the wedge, we could see a retest of the bullish zone around $60.00, which has been a stronghold of support, rich with liquidity, and a key area for potential buy orders. Entry Strategy: - First entry at $65.00 - If the price drops, make an additional entry (DCA) at $60.00 to lower the average cost of the investment. However, if Litecoin doesn't bounce back from $60.00, the focus shifts to the next crucial support at the lower demand zone of $56.00. The likelihood of a strong rebound here is quite high, making this a critical level to watch. On the flip side, if LTC continues to slide, the bears might gain control, leading to a bearish continuation, marking a significant shift in market sentiment. "Manage your risk – never trade with more than 1% of your capital on a single transaction."
Long
by clasaicrypto
2
LTC (Litecoin): Approaching ResistanceTrade setup : Price is in a downtrend, however, it's broken back above $70 resistance, which could be a sign of trend reversal. We wait for price to break above stiff resistance at 200-day moving average of $79 to confirm resumption of uptrend. Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Down, Medium-term trend is Down and Long-term trend is Strong Down. Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $65.00, then $55.00. Nearest Resistance Zone is $80.00.
Long
by altFINS
LTCUSDT A Potential Breakout or a Reversal in Sight?Yello, Paradisers! Could this be the perfect moment for #LTCUSDT to shine? Let's dive into the analysis. 💎#LTC has experienced a successful breakout but faced rejection at the resistance zone. Currently, the price is testing the trendline, with a high probability of continuing upward to challenge the resistance at $75 - $77.75. A decisive breakout above this resistance could signal a significant upward move, switching the trend back to bullish momentum and potentially reaching our target strong resistance area. 💎However, if LTC fails to break this resistance, we could see a test back to the support line. In a bearish scenario, if Bitcoin retraces to the $63k area, LTC could drop to the demand zone around $64.5. 💎LTC has a strong history at key support levels. In previous instances, whenever the price hit this zone, it rebounded and moved upward. A bounce from the strong demand area would validate bullish momentum. Conversely, failure to hold this level would invalidate the bullish outlook, increasing the probability of a downward dip. Remember, consistency and patience are the keys to long-term success in the crypto market. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
#LTCUSDT #2h (OKX Futures) Broadening wedge breakout and retestCRYPTOCAP:LTC regained 50MA support and looks good for bullish continuation from here. ⚡️⚡️ #LTC/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Long) Leverage: Isolated (7.0X) Amount: 5.0% Current Price: 73.13 Entry Targets: 1) 72.05 Take-Profit Targets: 1) 76.19 Stop Targets: 1) 69.98 Published By: @Zblaba CRYPTOCAP:LTC OKX:LTCUSDT.P #2h #Litecoin #PoW litecoin.org Risk/Reward= 1:2.0 Expected Profit= +40.2% Possible Loss= -20.1% Estimated Gaintime= 3-4 days
Long
by TradingOn
LTC Technical Analysis: Will Litecoin Resistance Zone Give Way tLTC is trading under the resistance zone (Green) at $72.96 - $76.19 and we are expecting a bullish breakout very soon because we are seeing an increase in volume and improving macro market sentiment. There are 2 scenarios Bullish Scenario If the price breaks out from the Green zone with volume we might see the price could reach the next resistance zone (Blue) at $109.69 - $119.41. Bearish Scenario If the price is rejected from this Green zone we might see the price test support zone (Yellow) at $56.19 - $60.79. This zone is consistently providing a strong support zone. The price has been bounced back from this zone many times.
Long
by TheCryptoCity
LTC on the Edge: Will We See a Bullish Breakout or a Fall?Yello, Paradisers! Could #Litecoin's long-awaited breakout be just around the corner? Let's dive into the recent analysis of the #LTCUSDT and see what's going to happen: 💎Currently, NYSE:LTC is tightly compressed between the trend lines of a falling wedge pattern, and we're anticipating a bullish breakout soon. Why? Because we're seeing increasing volume and improving macro market sentiment—key indicators of a potential upward movement. 💎50EMA is about to cross, a bullish signal that often precedes price increases. The POC of VRVP is also Reinforcing this bullish bias by acting as support within the major support zone. 💎But what if #Litecoin gets rejected at the upper trend line of the falling wedge? In that case, we might see a retest of the bullish order block (OB) at $64.19. This area has consistently provided strong support for BINANCE:LTCUSDT and is packed with liquidity. 💎However, if NYSE:LTC fails to rebound from $64.19, the next critical level to watch is the lower support at $57-$60. The probability of a rebound from this level is significantly higher. 💎Should NYSE:LTC continue to fall, the bears could take control, potentially leading to a bearish continuation. Stay disciplined, Paradisers, and watch those key levels for profitable trading! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Litecoin Has A Battle Ahead!! Lets Go LTC!There's always a few ways things can play out but I'm thinking something like this. Bullish move to the upside breaking through the POC. There's a lot of resistance right above around $75. If Flipped we have another Major level, the Monthly and POC at $83 &$84 after that is flipped I would expect $105 to $$115. Keep in mind we can dump to $62 first to test the untapped weekly. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility