Litecoin - 24h expiry - We look to Sell a break of 88.78 (stop at 91.78) Daily signals are bearish. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A break of the recent low at 88.90 should result in a further move lower. Expect trading to remain mixed and volatile. Although buying has been posted...
The CRYPTOCAP:LTC halving is approximately around August 2nd this year, you can see how the previous 2 halvings how the market has reacted towards the #Litecoin halvings, what is your opinion on how the market will react this year?
Trading volumes declined on the price correction. 50EMA broke up 200EMA on the 4H Timeframe. The RSI chart is moving near neutral values (4H, 1H and 30m TFs) I believe that the asset may continue to rise after the retest of the lower range boundary and fixation above it.
The countertrend-risk deal. The logic of the deal. Sell from a strong area of $94, in this zone under the level passed large volumes, closed with a small pin bar. Sell from the current price or at the beginning of the movement and breakdown of 92. I expect a correction after the growth, with targets 90, 88, 86. Stop behind high or second stop above 96....
Strong horizontal movement on NKN gives me the impression that a big move is building up. This pump will be big, just as LTCUSD pump was big in roughly 2017 when it went to $300 Bars pattern is copied from the LTCUSD chart.
Price action suggest we are running out of bullish momentum, looking to take this down to 86. Market entry
LTC has been on a massive move over the last couple of weeks, arguably in anticipation of the LTC halving. After a week of sideways movement, LTC has finally broken out of the bull-flag pattern and is resuming upwards. First target at the most recent local top, second target at 100.
Horizontal supports and resistance Perhaps the upper horizontal is now a support line for price Thought it was interesting how it all came together within these two tight horizontals
A necklace of indicators shows that LTC, the 12th largest cryptocurrency by market valuation, is trading at a discount. Specifically, LTC has a negative fair value market value (MVRV) Z-score as of press time. According to analyst firm Glassnode, a score below zero indicates that the cryptocurrency is undervalued relative to its fair value. Capitalization is...
We have a break above resistance. Looking for a retest, with a continuation to the next resistance above around .00300000 Not financial Advice
The Litecoin halving is around the corner. In a couple of months we will see the rewards per block halved, substantially decreasing the supply of Litecoin. If you're familiar with BTC halvings, LTC works the same. Historically, LTC has seen an increase in demand to front-run the halving event. The last time this happened, it was a buy the rumor - sell the news...
Hi everyone! While the market is not stable and is in uncertainty, it is not advisable to trade. But let's consider one idea for LTC. The asset is moving within a large triangle, the price is responding well to its trend lines, as well as Fibonacci levels. What can we expect? The first option is a breakout of the descending boundary of the triangle and a touch...
LTC can hit $550 zone in the next bull market cycle and even has a shot at $1200 but this second target is ALOT less likely. (note - as we havent really confirmed a bull market yet this is unlikely to happen during the halving run up) I've analyzed ETHEREUMS breakout to come up with this price action pathway for LTC. This is of course the bulilsh outlook...
Currently in a 5-wave uptrend, with the 3rd impulsive wave potentially completing. Anticipating a corrective move towards the 4th wave support in the range of 90 - 87.80. The target for the 5th wave is around the $100 range. The (SRSI) is showing oversold.
Short term Elliott Wave View in Litecoin (LTCUSD) suggests the rally from 3.11.2023 low takes the form of an impulsive Elliott Wave structure. Up from 3.11.2023 low, wave 1 ended at 103.41 and pullback in wave 2 ended at 75.37. The crypto-currency has now rallied higher in wave 3. Up from wave 2, wave (i) ended at 82.07 and pullback in wave (ii) ended at 77.17....
Litecoin (LTC) technical analysis: Trade setup : Price bounced off of support trendline (blue line in chart) and 200-day moving average, and broke back above $90 resistance. Momentum turned bullish again (MACD crossover and RSI crossed above 50 centerline), and price could revisit $100-$105 resistance zone where it got rejected 3x. Hype around LTC-20 (Ordinals)...
I am on a sell with tree entry levels: 91.00 / 93.00 / 94.95 . I spect a resistant at the 95.00 level . if so..I will target 85, but with risk management . If the bull keeps running, I will be stopped at 97.01 level .
LTC/USDT Technical Analysis: Halving Analysis Points to Bullish Trends In this technical analysis of LTC/USDT, we will delve into the current price movements of Litecoin (LTC) and its potential for short-term and long-term gains. We will also discuss the upcoming halving event and its impact on LTC's price action. Please note that this article is for...