Good morning, One month to go until Litecoin Halving. Since the beginning of the year, we have been constantly moving between the daily EMA 200 (white) and the EMA 800 (purple). At the time of this idea, we are back below the EMA 200 and all of our EMAs have flattened out. With such news events, existing resistances and old liquidity zones can usually be...
Litecoin has been dominant recently, and its fundamentals are stronger. however ZEC looks primed to confirm its low and attempt to return to 1:1
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🔸Hello traders, today let's review 8hour price chart for LTCUSD . strong gains recently off the range lows,however currently price getting overextended and trading near range highs, so short-term expecting a normal pullback, which is a buying opportunity 🔸Active trading range is defined by range lows at 80 USD and range highs at 98 USD. Premium prices at 101/103...
LTC has recently formed some Hidden Bearish Divergences at these levels on the MACD and when looking at the Potential Harmonic Wave Structures it could get in if it goes down, many of them point towards $45 as that would be a second test of a much bigger Macro Log scale Gartley on the left, the PCZ of a current Potential Bullish Deep Gartley, and the PCZ of a...
if ltc can break the downtrend here we could see a massive move up here, especially leading up to the ltc halving
In analyzing the market for LTC/USD, there are a few factors that suggest a potential move to the upside in the coming days, followed by a subsequent drop as the dollar strengthens in the coming months, possibly around July. Firstly, the recent break of a low in the market could indicate a period of retracement or correction. When a market breaks a previous low,...
Litecoin may hit soon 1.618 fib extension to end an impulse that may be the 3rd wave. Pivot point to the 4th wave 83.36, if will break down I doubt that this trend will continue upwards. keep in mind this!!! I will put updates soon as will see more price action!! Hit the like button if you like my analysis and follow me for future updates! Good luck!
Litecoin - 24h expiry - We look to Buy at 88.62 (stop at 86.12) There is no indication that the rally is coming to an end. Short term momentum is bullish. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look for gains to be extended today. Our short term bias remains positive. Our profit targets will be 94.62...
Price Action into LTC halving seems consistent without regard to market sentiment. SENTIMENT AND ENVIRONMENT INTO LTC HALVINGS: 2014 - "MT Gox.. Silk road... etc" 2018 - "ICO crash, BlockWars, China Crypto Banning, Fed tightening. . .etc" 2022 - "FTX collapse, Fed Tightening, 3 arrows capital, etc etc" LTC seems to not care and its halving is usually about 9-18...
H4 - Bullish convergence. Currently it looks like a correction is happening. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Litecoin - 24h expiry - We look to Buy a break of 79.51 (stop at 77.11) We are trading at oversold extremes. A higher correction is expected. Bullish divergence is expected to support prices. 79.34 has been pivotal. A break of the recent high at 79.34 should result in a further move higher. Our profit targets will be 85.51 and 87.51 Resistance: 77.95 /...
Hello,Traders! LITECOIN is again retesting The horizontal resistance Level of around 78.8$ And I am bearish biased On the coin so I think that It will go down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
As you may already know, a "death cross" occurred on the LTC/USD chart on June 19th, 2021. This is a technical analysis term that refers to when the 50-day moving average crosses below the 200-day moving average, indicating a potential trend reversal to the downside. This is not something to be taken lightly, as it could be a sign of further losses for LTC in...
✅LITECOIN made a pullback To retest a key horizontal Level which is now a resistance At around 79$ from where I Think the price will go Further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The main chart above is indeed what we are seeing... But weakness abound or at least the feeling of weakness and doubt is in the air. Maybe because it is Sunday? Or because we will see a crash tomorrow? Recovery or fail? Here is the fail version of this chart: To be honest, everything goes but many Altcoins already went through the "fail" pattern, the lower...
"Litecoin has lost three important and primary supports in its recent decline. There is one significant static support at a price of $75 and two trendline supports indicated by red and yellow colors on the chart. Currently, the price is below all three previous supports, and naturally, they will now act as resistances. In my opinion, if today's candle closes...
LTC is moving in a downward channel near the liquidity level. 50EMA has broken down 200EMA on the 4H Timeframe. The RSI chart is moving below 50 pips at 4H, 1H and 30m TFs. I believe the asset will continue to decline after prices fix below the current range.