Past Performance of Litecoin
Litecoin is up 24% in the past three days, tracking higher, and aligning with the primary trend. Buyers are in control, bottoming from recent lows, a bullish development for holders. In the short term, the coin has support at $65. Meanwhile, resistance lies at around $90.
#Litecoin Technical Analysis
The path of least resistance...
Past Performance of Litecoin
Litecoin is down roughly 40% from February highs, looking at the arrangement in the daily chart. The trend is established, and the path of least resistance is southwards. Bears have been resilient, following losses below $90 in early March, aggressively dumping on every pullback.
#Litecoin Technical Analysis
The immediate trend is...
Past Performance of Litecoin
Litecoin is also bearish, following losses in the second half of last week. Bears have the upper hand, especially if prices are inside the bearish bar of February 9 and with lighter trading volumes. As it is, traders can watch out for how prices react at around $102 and $90. A breakout below $90 could see LTC retrace in an expected...
Past Performance of Litecoin
Litecoin is trading at Q1 203 highs when writing, looking at the performance in the daily chart. The coin has reversed losses of early this week, and buyers are in sync with gains of the better part of the second half of January. Per the current candlestick arrangement, primary support lies at around $90.
#Litecoin Technical...
Past Performance of Litecoin
After dropping to as low as $40, Litecoin prices have more than doubled in the past seven months. The coin is up 125 percent from H2 2022 lows and galloping higher in a bullish breakout formation.
#Litecoin Technical Analysis
Traders are upbeat, but the uptrend, like what has been happening across the board, has been labored....
Past Performance of Litecoin
Litecoin is at multi-month highs, trading above May 2022 highs and Q2 2022 territory. At this pace, LTC bulls are squarely in control with signals that there could be more upsides. Still, the rejection of higher prices over the weekend may indicate weakness. Bulls have a chance as long as LTC is steady above $80.
#Litecoin Technical...
Past Performance of Litecoin
Litecoin is relatively solid when writing. Despite the contraction after what promised to be a welcomed reversal after months of lower lows, there could still be hope for bulls. At spot rates, LTC price action could be completing a retest after springing 60 percent from June 2022 lows.
#Litecoin Technical Analysis
The bullish...
Past Performance of Litecoin
Litecoin remains within a bullish breakout formation, doubling in the past six months. The coin is within a breakout formation at spot rates, clearing critical resistance levels. Accordingly, buyers have re-established themselves, setting the base for a possible recovery.
#Litecoin Technical Analysis
At spot rates, LTC is up 67...
Past Performance of Litecoin
On November 22, Litecoin surged 22 percent, reversing losses of November 8 and 9 and swinging price action in favor of buyers. At spot rates, LTC bulls are building on yesterday’s impressive gains, surging 68 percent from November 2022 lows as the coin erupts to post new Q4 2022 highs.
#Litecoin Technical Analysis
In the daily...
Past Performance of Litecoin
Litecoin prices are tethered around October 2022 highs at around $55, reading from the formation in the daily chart. Even though buyers appear to be in charge, there must be a sharp continuation in confirmation of mid-week gains for bulls to be in complete control. The upside is shaky, but a follow-through of October 24 gains may...
Past Performance of Litecoin
Litecoin is wavy and within a bearish breakout formation. The immediate support and resistance lines are at $50 and $55, respectively. Per the candlestick arrangement in the daily chart, the path of least resistance, even in the short term, is bearish.
#Litecoin Technical Analysis
Currently, LTC prices are consolidating, printing...
Past Performance of Litecoin
Litecoin is overly within a bearish breakout formation, syncing with the general trend set in motion by Bitcoin. At spot rates, there is a welcomed revival. However, LTC prices remain in a trading range, bound inside a $5 range with caps at $50 on the lower end and $55 on the upper end.
#Litecoin Technical Analysis
As mentioned...
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD).
The Litecoin chart is on a weekly basis to show the life cycle of Litecoin on this chart. Price was around $200 in December 2021 when I started sharing my concerns with the crypto market. I hope you took that advice seriously at that time, as Litecoin...
Past Performance of Litecoin
Litecoin is surprisingly firm, gauged from its performance in the daily chart. After steep losses at the tail end of last week, Litecoin bulls flew back, propelling the coin higher over the weekend. Presently, LTC is in the green territory in the past 24 hours and looks likely to reverse the losses of August 26.
#Litecoin Technical...
Past Performance of Litecoin
Litecoin prices are firm when writing, expanding with the rising tide. Although the coin is within a rising channel, there must be a clear breakout above $65 and July 2022 highs for trend definition. LTC is technically within a bear flag with price action anchored by the strong leg down of May and June 2022.
#Litecoin Technical...
Past Performance of Litecoin
The uptrend is still valid, and Litecoin buyers currently have the upper hand despite earlier losses. As per the LTC candlestick arrangement, traders may find loading opportunities on every dip towards last week's lows at $48, with targets at around June 2022 highs at $65. When writing, LTC is up three percent on the previous trading...
Past Performance of Litecoin
Litecoin is up three percent at press time and break-even versus the USDT in the past trading week. LTCUSDT prices are trending inside a narrow $10 range with caps at $73 and $63, respectively. Although there are hints of strengths, the failure of Litecoin bulls to conclusively close above $83 and the middle BB points to weakness.
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Hello friends, today you can review the technical analysis on the 1W (weekly) linear scale chart for Litecoin (LTCUSD).
The chart shows only the Litecoin price and the similarities between the current market structure and price to the prior bull/bear cycle market structure and price.
Though price may move slightly different in both cycles, the overall structure...
