Litecoin appears to be forming a falling wedge against bitcoin. Rsi trend has bottomed along with the price action within this wedge. RSI is showing bullish divergence over the last several weeks. Volume has been flat or declining in this wedge, often a reversal signal. This could be as much as a 30% move up to the next resistance area. This is the product...
๐Hello Paradisers, here's a token to keep on your radar! ๐LTC might be gearing up for a retest around the $81 mark before potentially diving further and breaking its demand zone. This area isn't just a demand spot for LTC but also a bullish channel's support. ๐However, the key is to observe the daily candle close. If LTC concludes its daily trade beneath the...
Litecoin is again catching our attention as it is approaching the lower bound of the pattern we introduced in late June 2023. If the price breaks below the lower bound, it will be bearish for LTCUSD in the short term, and we could see a further breakdown in the price. In such a scenario, we would not be surprised to see it drop below $70. As a result, we are on...
I've been seeing lots of LTC, hopium bullish into the halving, tweets. Well, the reality is that when the 12 and 21 EMAs cross to the downside on the weekly chart, it tends to be very bearish for Litecoin. Arrows are presenting those crosses, and you can see the downside that happens after the crosses happen. On average, the downside is 58%. That would mean...
Hi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT) with US Dollar pair. Previously we caught a nice of LIT as below: Now on a 4-hr time frame, LIT is about to complete a bullish Shark move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Hi Traders, Investors and Speculators of Charts๐๐ LTCSDT / Litecoin is looking ready for another bullish cycle after a clear completion of the Elliot ABC correction Waves. We see a very similar pattern playing out during 2020 and it gives us a good idea of what to expect from LTC before another parabolic rally. While you're here ๐ Check out this idea on CRV...
LTC has reached a strong support level. The price instantly reacted to reaching the level. I believe that the asset will rebound if the level is held.
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
-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...
Time for LTC to be bullish, in a 1hr time LTC is creating a bull flag pattern!
LTCUSDT comfortably sits at the downtrend trendline and the 61.8% Fibonacci retracement support. This is highly likely to be the point of a trend continuation. We expect the price to reach the 161.8% Fibs target relatively soon.
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...
Yesterday, on 02.08.23, "LTC halving" took place on the 840000 block. Now the reward for a mined block has been halved, from 12.5 to 6.25 LTC. Given that yesterday the cryptocurrency market made several attempts at correction, the LTCUSDT price did not show any "independence" and also adjusted downward. Now, the LTCUSD price has approached the potential buy...
Hello guys... as you can see the ltcusdt formed an ascending trendline so we assume it would be bullish in the few next weeks. on the other hand, this coin formed a Quasimodo pattern as well so the blue area is great for getting a long position! the target is $95.5! Probability of success=67% ______________________________ always do your research. If you...
Hey 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...
๐ LTC is making some intriguing moves. We've observed that it has effectively mitigated the previous Order Block (OB) and, in response, embarked on a downward journey. ๐ Currently, the price seems likely to continue its downward trend, as we have an OB at $81.59. LTC might initiate a bullish move from this point. ๐ Another factor to consider is that if the price...
๐ฌ๐ง 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...
Litecoin may see further downward pressure in the coming days if it breaks the yellow resistance line which has been hit many times before, also currently the US stock market is selling off so big players might sell cryptos to have more liquidity, cover the margin call, or ...... This chart is COINBASE:LTCEUR but also you can draw the same line for $LTCUSD. What...