What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the Litecoin 1H chart. Let's dive right in... Ticker: LTCUSDT Date: 05/12/23 Timeframe: 1H Supply: 83.82-85.24 (1st red zone), 89.07-89.86 (2nd red zone) Key zone: 81.41-82.00 (grey zone) Demand: 75.18-77.74 (green zone), 65-67.58 (green...
Will Litecoin price move up as Bitcoin exchange fees rise? As the Bitcoin blockchain announces a new token standard of BRC-20, it seems that the blockchain fees are rising as a result due to higher demand. I have found two articles that suggest that Litecoin may become the preferred blockchain to transact on now. This could include a higher volume for both...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 LTCUSDT 🔰 SHORT 🔴Sell Now or Sell at : 84.50 ⛔️Stop Loss : 81.52 🌀Take Profit 1 : 74.97 🌀Take Profit 2 : 69.70 🌀Take Profit 3 : 64.08 ⛔️ Trading and investment in...
Litecoin - 24h expiry Previous support at 84.00 now becomes resistance. We look for a temporary move higher. Our short term bias remains negative. 50 4hour EMA is at 84.33. We are trading at oversold extremes. We look to Sell at 84.23 (stop at 87.23) Our profit targets will be 77.23 and 75.23 Resistance: 80.00 / 82.00 / 84.00 Support: 76.60 / 75.20 /...
The bear market has not even begun yet for 99% of altcoins, such as Litecoin (LTC) and Cardano (ADA). I expect these coins to crash at least another 90% from where they currently are. I agree with people such as Big Cheds, Bob Loukas, Benjamin Cowen, and others that altcoins are far from having bottomed and in fact that the bear market has not even begun...
The Double Top is playing out as we lost crucial $85 support this Sunday and could not reflip it. I’m anticipating a neckline test around $69, however lots of buy orders around $76 to keep in mind. After this test we will see if she chooses to confirm the pattern If she does the $54 level is crucial to hold for something more bearish pre-halving not to be...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LTC symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
A slightly bullish market with upside potential is expected for Bitcoin, Ethereum, and Litecoin over the next 24 hours, with sun and some clouds🌤️, according to ATTMO, a weather-inspired AI tool with cryptocurrency predictions. Ripple and Binance Coin , on the other hand, will experience tropical weather 🏝️ today, indicating a very bullish market with some...
Neutral here. Macro picture is bearish, double top with neckline not yet tested, we’ve also formed a bear flag on the daily chart - leaning me towards lower. At minimum double top neckline test. (Check my other post for macro chart view) However on the LTF during FOMC we bounced from the range again, creating a double bottom & today retraced into the fibs of the...
Past Performance of Litecoin Litecoin prices are higher when writing but remain under pressure. As an illustration, the coin is within the bear bar of April 26, and trading volumes are low. At the same time, prices are anchored by the bear bar of April 19 that continues to shape the current formation. Support lies at around HKEX:85 while resistance is at ...
Catching a bounce on Litecoin, with the first target 90 then 92 and 94. 2 stop options under 95 and over the low of 94. Buy from the current zone or on a pullback. Support the author subscribe ✅ and start rocket 🚀. Good luck and profit to all.
I am waiting for the reaction to the red lines. If it passes, it should be checked again. If it does not pass, the green lines are suitable
Litecoin bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 91.4 is expected to happen.
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 down for a second straight session on Monday, as markets prepared for the upcoming United States Federal Reserve policy decision. LTC/USD dropped to a low of 86.83 earlier in today’s session, which comes 24 hours...
Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98) There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. 83.78 has been pivotal. A break of the recent low at 83.78 should result in a further move lower. We look for losses to be extended today. Our profit targets will be 75.98...
LTC is moving under liquidity. Price has broken down 50EMA on the 4H Timeframe. I believe the asset will continue to decline if it holds in the downward channel.
It seems to us that the LTCUSDT price is consolidating before a strong upward momentum. The upside potential is +60%, and if we are lucky, it will be +100%. In general, today's idea fits into the concept of the idea from 2 months ago, where we recommended buying Litecoin no earlier than 65-73$ Last night, when the BTCUSDT price updated its local low, the...
1D chart: The H&S did not stop falling after falling to the target price of 73.99, and the lowest price reached 64.98. After the LTC stopped falling, it formed a bottom and broke through the neckline price of 88.26, showing an ascending triangle pattern. Pay attention to the target price above: 99.90 102.65 111.54 117.13 - 4 hr chart cup-and-handle pattern: After...