The price has broken out of the weekly resistance WR1 and currently trading above it. It seems that the price wants to aim for the 102 area. Lets long this one on retest of this breakout (somewhere close to the resistance zone WR1).
LTC has been building an ascending triangle since June – 2022 and is inching closer near breaking above as this pattern is typically broken to the upside. The LTC halving is scheduled for Aug 5th and if we look left on the charts for the past 2 LTC halving’s, price action topped in June/July before the Aug dates. Watching the 4-day MACD cross will give us more...
Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Litecoin (LTC) was one of Thursday’s notable gainers, as prices moved past a key resistance level. Following a low of 88.35 on Thursday, LTC/USD rose to an intraday peak at 94.21 earlier in the day. Litecoin broke out of its recent...
⚠️ RISK TRADE ⚠️ Targets: 1️⃣100.32🎯 2️⃣105.22🎯 3️⃣121.07🎯
LTC coin continues its slow upward movement for past 7 months, while most of crypto market is in a bear market. The main reason for growth of this coin is next halving, which will happen in about 2 months. Check out BINANCE:LTCUSDT chart, which shows almost the entire trading history for this coin. As you can see, the price of LTC started to rise a few...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. LTC has been stuck inside a range between 80.0 and 100.0 📈 For the bulls to take over from a MACRO perspective, we need a weekly candle close above 100.0 In this case, a movement till the 150.0 would be expected. 📉 Meanwhile , If we break below 80.0 and lower orange...
LTCUSDT forms a resistance breakout after a small false breakout. The coin does not fall much after FB, forms a retest and breaks the line. Bulls are trying to take control of the situation and so far everything is working out successfully. A strong support line of 91.23 is being formed. If the bulls can hold this area, then Litecoin will show us an excellent...
we have bullish divergence on a weekly for Litecoin , pretty sure we are primed for a hard reversal higher ? Prevailingnine 5.7.23
Litecoin - 24h expiry - We look to Sell a break of 87.98 (stop at 90.02) The bearish engulfing candle on the 4 hour chart is negative for sentiment. The medium term bias is neutral. Short term momentum is bearish. A break of the recent low at 88.06 should result in a further move lower. We look for losses to be extended today. Our profit targets will be...
Of the 3 coins analyzed today, Litecoin I like best. As we can see from the daily posted chart, after the top above 100, the break under the rising wedge's support, and the drop in support, LtcUsd has started to rise again. This rise is very constructive and we have had higher lows since March with the last low being a Pin Bar. Resistance is now the zone between...
Litecoin - 24h expiry - We look to Buy at 89.11 (stop at 86.11) Previous resistance at 89.00 now becomes support. Support is located at 89.00 and should stem dips to this area. Short term oscillators have turned negative. Short term bias has turned positive. 50 4hour EMA is at 89.09. Expect trading to remain mixed and volatile. Our profit targets will be...
As the halving of LTC approaches, many of you may be wondering where to invest your hard-earned money. Well, I have some exciting news for you - Litecoin (LTC) could outperform Bitcoin (BTC) as the halving approaches! You see, LTC has a halving event coming up in August 2023, which means that the mining rewards for LTC will be cut in half. This will reduce the...
Looking at the weekly time frame of Litecoin as we are approaching the halvening event in September of this year, about 200 days away, this chart is looking eerily similar to the 2018 cycle bottom. We’re going to see a pump upwards to $95-114 prior to the halving event with a pull back around to the area levels that were in now from $80-$84. I believe we’ve...
Traders, As you will read from my previous posts, the signal seems to be given on the Bitcoin chart to go long. Therefore, I will begin to acquire larger cap altcoins, followed by medium cap. Then small. The blow-off top that I have been calling for now over a year appears to be manifesting with reckless U.S. government expenditure. The dollar should drop over...
Sell in the unbalance of 4h, aiming the 50% of the prior bullish displacement.
Are you feeling the sting of Bitcoin's recent losses? Well, fear not, my friend, because I have good news for you. Litecoin has been killing it lately, with returns of 50% over the last year. That's right, while BTC has been taking a hit, LTC has been flourishing. So why not consider putting more of your investments into Litecoin? Not only has it been performing...
Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Welcome to this quick LTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Litecoin (LTC) also moved higher in today’s session, with price climbing by as much as...
Dear Traders, we have a good opportunity of going long on Litecoin, as we will be seeing DXY to be bearish for short term in coming time which will probably the first week of June; NFP will be highly impact on Crypto market.