Have you ever considered investing in Litecoin, the "silver" to Bitcoin's "digital gold"? While its price has dropped significantly from its peak of over $400 per token to around $95, there are indications that now may be the perfect time to buy. Litecoin has been making waves in the cryptocurrency world, particularly since its 37% price increase in November...
#Litecoin It touched the specified $105 level and there was a decrease from that region. The $91.33 zone support area, daily candle closes below $90 could sustain the decline to $83. It could retry the $105 level as long as it stays above $90. Not Investment Advice.
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Chart timeframe is on the weekly. I drew in the missing data with the squiggly line. From smaller wave 1 to 5 it took us about 7 years to complete it. This wave has now became wave 1 of a bigger trend cycle. We are working on wave 2 and the bottom could be in or...
Litecoin is climbing further North to reach the blue target zone between $132.29 and $154.36. Within this zone, we expect the coin to fulfill the blue wave (iii) before pulsing down to the corrective low of the blue wave (iv). After completion, the course can rocket back towards the sky to carry on its bullish trend until the pink wave finishes.
Today we will bring to your attention the medium-term trade LTCUSDT and something more, read to the end!) Entry $69.1 Stop $60.23 Take profit $95.74 Profit/Loss ratio 3/1 Since the Fed will announce a new rate today, we expect increased volatility in the market, so we are putting the entry order of trade well below the current price. This trade fits into the...
Litecoin - Intraday - We look to Sell at 90.49 (stop at 92.61) The rally was sold into but, the dip lower has stalled. Levels above 90 continue to attract sellers. We are trading at overbought extremes. A higher correction is expected. We look for a temporary move higher. Our profit targets will be 85.46 and 84.46 Resistance: 88.00 / 88.80 /...
1W Chart, LTCUSD , on January 25, 2023, the signals on MACD already crossed north from below the histogram, after piercing on July 2022; The RSI signal bounced on 50 and is now facing NE staying steady over 60 after the price has been steadly climbing since the beginning of the year, from $78 to $87, piercing up the 100 days MA signal, at this moment there is...
Litecoin - 24h expiry - We look to Buy at 88.82 (stop at 86.78) Our short term bias remains positive. 20 4hour EMA is at 88.83. We look to buy dips. There is no clear indication that the upward move is coming to an end. Our profit targets will be 93.92 and 94.92 Resistance: 91.30 / 92.70 / 94.00 Support: 88.80 / 88.00 / 86.30 Please be advised that the...
I like what LTC could be ahead of its EoY forecasts.... this chart is a quick short term rally. Come Summer time the real festivities kick off. I will be adding LTC to the portfolio. I think its an excellent option for people who feel priced out of ethereum and bitcoin. The demand hasn't even really begun, anticipate steady demand & incremental climbs. Those who...
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology. To learn more about this project, check out our deep dive of Litecoin.
think this will be one of the safest trades of the 1st half of 2023 -Litecoin halving Aug 2023. Price has a history of rising up to halving (see prior $LTC and $BTC halvings) -Will be looking to TP between $150-$250
Happy hump day in the first week of this new year. It’s been a minute since I’ve last posted some TA, and it seems the itch has returned after putting trading aside for a bit to focus on other pieces and parts of life. I’m sure The Byrds touched on crypto degen season in their hit Turn! Turn! Turn! somewhere. With the Litecoin halving expected sometime in Q3 or...
LTC Next Support & Resistance Note : this values everyday changes Total Volume = How many coins in this average Like
LTC has been trading in a range with positive momentum over the past week. LTC trades below the $70-$72 resistance range and the $62.1-$64.3 support range. But if you pay attention to the chart, the trend was downward before entering the range area. Therefore, we can draw a downward trend line, and if this dynamic support breaks, we can receive a price reduction...
as the Litecoin halving approaches we will likely see the cryptocurrency market recover
I think LTC "calls" for one mor leg up..and will "soon" break the triangle. Waiting for LTC to retrace to the base ("blue area") of the triangle. The 1h chart will in that case have oversold RSI and risk reward ratio 1,9.
etc use prediction we might rally up to price of 90$ or drown to 60$ keeping it simple
As this is something we've discussed live extensively during streams, I wanted to take a moment to outline a "live" setup for Wyckoff Redistribution. In this instance, the target is Litecoin ($LTC). First let's discuss what Wyckoff Redistribution actually is, starting with a link to the pattern itself . Wyckoff Redistribution is a way to truly make sense of...