Litecoin Stabilizes After Liquidity SweepFenzoFx—Litecoin trades sideways, up nearly 1.0% today, currently around $113.80. The recent momentum may stem from the liquidity sweep below $106.80 on September 1st. However, RSI hovers above 70.0, indicating overbought conditions.
Immediate resistance stands at $116.30. Technically, Litecoin hasn’t cleared significant buy-side liquidity, so we remain neutral until price reaches this level. The resistance appears to be the next target following the sell-side liquidity sweep.
Litecoinanalysis
Litecoin Eyes Higher ResistanceFenzoFx—Litecoin’s bearish momentum eased after sweeping the $106.80 low in New York’s late PM session. The price is now stabilizing above the inverted fair value gap at $111.90.
While BCH and XRP surged yesterday, Litecoin lagged. However, equal highs at $114.30 and $123.30 suggest potential upside. LTC/USD could reach $116.30, and if buying pressure continues, a rally toward $123.30 is likely.
Note: The bullish outlook is invalidated if the price dips below $106.80.
Litecoin Eyes Reversal from $112.5 SupportFenzoFx—Litecoin currently trades near $115.5, having swept last week's low liquidity. This level is supported by a bullish fair value gap, with key support at $112.5, offering a potential reversal point.
Immediate resistance stands at $117.4. A close above this level could trigger a bullish wave toward the next supply zone at $123.3.
Litecoin Pulls Back After Sweeping February HighsFenzoFx—Litecoin swept liquidity above February’s highs. The market is currently overbought, suggesting potential consolidation. Entering at current levels may be risky, so waiting for a pullback toward lower support zones is advised.
If consolidation unfolds, LTC could target liquidity near the $115.2 support level.
Litecoin Eyes Buy Side Liquidity Shift After $124.2 SweepFenzoFx—Litecoin remains in a bullish channel, with the current wave originating from the order block at $115.2. LTC now trades around $121.7.
Yesterday, it swept liquidity above the $124.2 resistance, signaling a potential shift toward bearish pressure. If momentum fades, price may revisit the $115.2 support zone.
However, if LTC/USD closes above $124.2, this bearish outlook is invalidated. In that case, the next target is the order block with resistance at $129.1.
Litecoin: Eyeing Discount Entry Near $108FenzoFx—Litecoin's uptrend stalled near March’s peak at $130.3, a strong resistance level. The price now trades at $120.7, below July’s high, breaking the bullish structure.
Immediate support lies at $115.6. A bearish close below this level could trigger further downside toward $108.4. This zone is backed by a volume point of interest, offering a potential discount entry aligned with the broader bullish trend.
LTC: Bullish Structure Intact Above $104.3 SupportFenzoFx—Litecoin swept liquidity below $107.0 during today’s session and is currently trading near $110.0, supported by a descending trendline.
Technically, key support stands at $104.3. As long as this level holds, the bullish outlook is preserved. A break above the descending trendline could propel LTC toward the previous highs at $116.4 and potentially $122.3.
Litecoin: VWAP and Oversold Signal Potential BounceFenzoFx—Litecoin formed a double top at $116.4, causing a price dip. Currently, LTC trades near $110.1 after forming a double bottom. The Stochastic Oscillator is in oversold territory, suggesting a potential bounce, supported by VWAP from July 15.
Technically, if LTC holds above $110.1 and key support at $104.0, the uptrend could resume. In this scenario, the bullish targets would be $116.4 and $122.3.
Litecoin Rebounds Off Trendline in Bullish Continuation SetupFenzoFx—Litecoin rebounded from the ascending trendline, a demand zone supported by the VWAP from July 25th.
Immediate resistance stands at $114.3. A close above this level may resume the bullish trend, potentially targeting previous highs near $114.3.
Litecoin - Expecting Bullish Continuation In The Short TermH4 - We have a clean bullish trend with the price creating a series of higher highs, higher lows structure.
This strong bullish momentum is followed by a pullback.
No opposite signs.
Until the two Fibonacci support zones hold I expect the price to move higher further.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
--------------------------------------------------------------------------------------------------------------------
Litecoin Retests $112.3 Support Amid Bullish MomentumLitecoin remains bullish above the 50-day SMA, supported by an ascending trendline. As of now, LTC trades near $113.0, retesting this area as support. A sustained hold above the trendline could initiate another bullish leg, targeting resistance at $130.3.
However, a close and stabilization below the trendline would invalidate this outlook and suggest increased selling pressure.
Litecoin: Volume-Heavy Resistance Caps RecoveryFenzoFx—Litecoin fell 2.50% today, forming a double bottom at $90.80. If bears stabilize the price below this level, the decline could extend toward $85.20 support.
Resistance at $97.90 aligns with a high volume zone, reinforcing bearish pressure and making a breakout challenging.
Litecoin Faces Resistance at $92.32 Amid Overbought SignalsFenzoFx—Litecoin is overbought as price nears resistance at $92.32. Stochastic reads 91.0, suggesting an overbought market. If LTC stays below $92.32, a bearish wave may emerge, targeting $88.47 support.
However, a close above $92.32 could trigger a bullish move toward the $100.0 mark, reinforcing the upward trend.
Litecoin Eyes Breakout Above $88.5 ResistanceFenzoFx—Litecoin climbed from $85.7 and is currently testing resistance at $88.5. The market remains bullish above $84.5, a support backed by the Fair Value Gap.
If bulls manage a close above $88.5, momentum may build toward last week's high at $92.3. However, a drop and stabilization below $84.5 would shift focus to the weekly low at $82.4.
Litecoin Rebounds from FVG with $902.3 in SightFenzoFx—Litecoin is trading just below the $88.6 resistance after bouncing from the bullish fair value gap near $85.5.
If the $88.60 resistance is breached, LTC could aim for the previous week's high at $902.3. Please note that the bullish view remains valid above $82.4.
Bullish Momentum Possible While LTC Holds Above $86.93Litecoin pulled back from $92.32, dipping to a key support at $88.52, backed by Anchored VWAP. Stochastic shows oversold conditions, signaling a potential rebound.
If $88.52 holds, a bullish wave toward $92.32 could follow. The outlook stays positive above $86.93;
Litecoin Encounters Resistance After Sharp RallyLitecoin climbed from $82.4 and is testing the bearish fair value gap at $90.4. With Stochastic showing short-term overbought conditions at 87.0, consolidation is expected.
LTC may retest $89.0 and then dip toward support at $86.9, which aligns with a volume point of interest. The bullish view holds above $82.4; below it, the outlook weakens.
LTC Approaches Support Zone with Breakout PotentialFenzoFx—Litecoin dropped 1.92% after approaching the $89.0 resistance. It now trades near $86.4, a zone aligned with a high-volume node and previous daily low.
Support ranges from $85.9 to $83.2. If LTC stays above $83.2, a bullish breakout above $89.0 may follow. A close below $83.2 invalidates this outlook.
Overbought LTC Faces Pressure at $85.0 BarrierLitecoin is building liquidity near $85.0, a strong resistance backed by volume, with Stochastic at 92.0 indicating short-term overbought conditions.
If LTC dips below $83.86, a bearish wave may follow toward $82.33 and $79.51. Conversely, a close above $87.99 could resume the uptrend toward $88.98.