LTC/BTC Fibonacci & Tech analysisLTC generally traded between 0.014-0.019 in recent months. The same pattern has developed again! LTC/BTC is always so darn predictable. FYI, In 2017, LTC/BTC had a predictable run between 0.01 to 0.02 BTC. Take a look from Jan 2017 to Now. It is pretty amazingly reliable.
Latest resistance has formed around 0.0186...prior resistance was located at 0.019 after peaking on 12/25/2017.
On Jan 7th, upward shortfall has been detected!!! This hints at an upward movement back up to 0.0185 in the near future.
It is also possible to reach back up to the previous peak of 0.0198 that occurred on 12/25/2017.
Even better scenarios is reaching nearing the 2017 peak of 0.02321, if it breaks past the previous resistance. I foresee this happening in 2018, just a matter of how soon. If what happened in 2017 is an indication of LTC, once it touches 0.02321, it will likely cycle back down 0.0187 or 0.0142. This would then set you up nicely to once again buy low and sell high as you follow the wave back up again!
25% sell at 0.0185 or 0.0198 (if you are expecting a breakthrough the resistance to meet the previous peak reached on 12/25/2017.
I generally recommend holding at least 50% of LTC for long term.
Similar advice of holding at least 50% of BTC/LTC/ETH/XMR/ZEC as these coins are the mainstream cryptocurrency. Dont sell all your goodies in a single trade, save some for cashing in on an even wilder upward breakout!
Thanks for reading. Happy Trading! =)
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#LTC when to Short?LTC dumped pretty much after Halving.
Currently its in the range.
We may expect some bounce from current price level. But will it reach the resistance levels (red lines) that I mentioned on the chart - big question.
Anyways here are possible scenarios:
1. LTC bounces until 73$ where it faces W FVG where we may expect bear reaction. In this case possibility to 46$ support level increases
2. LTC breaks through 73$ resistance and comes to another resistance at 82 - 86$ and eather we see bears reaction is can be bearish divergence on LTF or bearish candles. And in this case coin may go lower back to 73$ which will stand as support.
3. LTC breaks below 73$ support and it may lead the coin back to 50 - 60$
4. LTC breaks above 86$ resistance, would be nice to see retest of that level and in this case the coin may go higher.
LTC planLTC Buy zone: $49 - 50
LTC is one of the strongest so far since June 2022 we had two drops of BTC to new levels but LTC did not make a new bottom with BTC. The reason is you have LTC halving august 2023 and usually they sell off before the halving in two months so I assume peaks around the end of May for LTC
Retest
Then take-off
LTC Found a bottom?LTC dropped very hard with the rest of the Market. Dropped all the way down to $230s on a wick. LTC quickly recovered to $280s and then dropped hard to $230s again on a wick but finds support around $240s. I want to say the long wicks down and no closes is a good indicator that we may have found a bottom. However, if LTC can't get above $260 then we may have further consolidation or go lower down to $220 or even $200. I still believe LTC will go much higher than its previous ATH but this could be just a minor correction or pull back before LTC starts its rally again.
Not trading advice, not a advisor (just putting my thoughts from everyones input). Happy trading
LTC takes a little break before a last runLTC has shown great strenghts in the last months, but we can't say the same for the very last weeks!
However, even if for this time LTC didn't manage to follow the incredible run of BTC in price, we still have hit some of our targets. Remenber: we told you to buy around 90e / 100e and we are back in this arena. So, if you don't have some LTC yet you can buy now but I'd strongly advise to wait for a clear rebound at the lower bottom of the arising channel which we are going to hit soon (if we didn't have already).
Stoch RSI in daily is still in the zombie territory, ranging lower than 10 for few days now. Not validating an entry so... Magic indicator also tells us that we might not have seen the exact bottom of this shit show! But be careful of a quick recoveyr of big bro' BTC. LTC's halving is happening in around 30 days, so we should see some greed here. That's what I'm betting on anyway eheh.
TP1: 115e hit
TP2: 125e hit too
TP3: 160e still in sight but I'd recommend to cash out at 150e
TP4: 180e MIGHT be possible right before halving (& sell the news drama few days before), but I doubt it will reach this area easily. I would recommend to only keep like 25% of your LTC bag for this sell area.
LTC/USD Double bottom or Descending WedgeLTC has obviously been trending down since the January peak.
I think it is about ready for to break the descending resistance line but LTC doesn't seem to lead the market. It follows the market so if the market as a whole continues blah then LTC will continue to trickle downward in my opinion.
If BTC has a breakout or a bunch of the alts and ETH break higher LTC can follow higher and break the descending trend line.
I would like to see a move up but I'm expecting it will bounce off the descending trendline and return to it's support around $110 or so until something major changes in the market as a whole or in BTC in particular.
I've marked my sell points. I will probably sell 30% at TP1 and 30% at TP2. If the market turns down from there I will sell the rest and wait for another retest of the support. If the market goes up from there I will let it run with a trailing stop.
Like and/or let me know how I'm wrong. Happy Trading.
Not trading advice just some thoughts on LTC and where it might go in the shortish term.
LTC is TIGHTLTC equilibrium within a larger equilibrium. It feels like LTC has been in a tight spot for the last forever, so things could get interesting. I see two possible scenarios:
1: LTC breaks out of smaller equilibrium, which would break it out of the larger equilibrium almost simultaneously, and meet next resistance at 190 (with other resistances along the way probably, but look at BCH when it broke out) Boom boom pow.
2: LTC breaks down, meets the bottom of larger (purple) triangle @ ~116-120 and we then retest that support, and either come back up or go waaaaay back down.
I see #2 as less likely because of recent sentiment in the market. You can feel it on twitter. Many other currencies have also already broken out of the large 4 month bear hibernation phase, LTC eventually will have to also. Remember this is a speculative market, so almost everything moves relative with each other eventually. Plus, the current equilibrium is at the TOP of this larger triangle, not at the bottom, so bulls have been showing up for a while and buying, propping up the price.
MACD is slightly above the zero line, which is slightly bullish, but still is relatively flat on the 4h.
RSI is also flattened.
Volume is rather thin, and some people say that that is indicative of a strong break out up or down when in an equilibrium show like this.
LTC Loves the 100 DAY MA..LTC just like BTC is currently hugging onto the 100day-MA. this has acted as a good support for LTC historically. The Daily RSI looks good and we havnt seen this RSI level since the start of the "New Trend" back in September.
Currently LTC is in a tightening range on the daily and just like BTC this range will break over the next few day's. This will determine the trend for 2018 in my opinion. Lets Hope the LTC Bulls show up and keep this "New Trend Line" intact.
The weekly RSI is giving Bearish signals but the Bulls could turn this around with a new higher low on the Daily and a BULL Daily MACD Cross.
If we break the tightening range BEARISH I will be patient and will be looking for a LONG term entry into LTC in the BUY Zones A and B where we meet the 200 day MA and previous support.
COME ON THE BULLS :)
Follow like and subscribe and lets make money in 2018.
There are also opportunities to make money on Crypto even if we do get BEAR Breaks. These are usually quick trades where you hold for no longer than 30 minute-1 hour but can yield really good profits...
Stay Tuned.:)
LTC Breakout and Push to $500LTC breakout has been a long time coming as LTC underperformed market since December selloff.
Wedge breakout came through 0.5 with momentum, if 0.618 level cannot be sustained 0.5 will likely be next near term support assuming no market sell off. With LTC dominance so low still a relatively high % down from ATH, LTC looks poised for a run to $500 at 1.618.
Took xrp profit and added to LTC stack this morning. Buy orders set at 260. RSI level indicator key to watch right now.
LTC bubble has popped; #REKT left and right. Sub $10 coming.I hope everyone took my last advice and shorted/sold all his litecoins.
The bubble has popped; the token is back to its useless-status. It's currently trading below $20.
The fact that it didn't pump during this year's LAST mega-rally was an obvious sign that it would not shine anymore.
LTC is almost trading below 0.01 BTC again, from a previous high of 0.024 earlier this year.
I expect LTC to trade below $10 by mid-June 2017.
Anyone who thinks LTC will rally again or ever be worth above $25 again is delusional. This was the last pump in Litecoin's existence and it merely served to acquire bitcoins for the rally to $2800. And now both are crashing, but this pump-n-dump coin even more so (and rightfully so).
I hope you didn't buy above current rate because chances are you will never make it back. LTC is known as a shitcoin because of its complete uselesness. LTC having segwit won't make a difference for its price.
You have been warned.
Great regards,
FUDERICK
LTC chart 13.05.2017Indicators showing strong and safe buy signal / early entry from 0.0159 - 0.0133.
Calculated risk:
Potential gain = 80%
Potential loss = 20%
News since fall from ATH:
Korean and Japanese exchanges added LTC to their portfolio what indicates strong interest especially from Japanese investors since laws has being changed in Japan in favor to Crypto currencies
and since Bitbank is only Japan crypto exchange that is offering LTC in Japan:
1. www.cryptoninjas.net
" ....The company made recent headlines starting with last week’s revelation to list Litecoin and also Ethereum Classic this week."
2. bitbank.cc
" ...By introducing LTC / BTC pair, bitbank.cc became the only domestic LTC / BTC board handling exchanges."
LTC | ALTCOINS | BIG Gainer OR Sinking Ship?LTC has been on my watchlist for many, many months - much to my annoyance.
Compared to other altcoins such as DOGE, LTC is just not growing, and hasn't been for the better part of two years as it is unable to breakout above $110.
This we see evidently when we pull up the DOGE chart in comparison, and the BTC chart to really get an idea of just how bullish we are - a sentiment that is just not showing p on the LTC chart.
WHEN the TOTAL3 peaks out above BTC , altcoins would have completed their runs. (More on that subject here):
We're still some time away from this; meaning that there is still hope for LTC. However, IF LTC can't move PAST these resistance zones I'd have to just face the facts and put it in the same boat as XRP and ADA.
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BINANCE:LTCUSDT BINANCE:LTCBTC
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangl
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangle Pattern
In this video, we analyze the recent breakout of Litecoin (LTC) against Tether (USDT) from an ascending triangle pattern, signaling a potential bullish move. We'll explore how LTC/USDT has gained nearly 150% from its recent low and could be eyeing a further 3-5% rally if key resistance levels are breached.
Key points covered:
• Identification of the ascending triangle pattern
• Analysis of key support and resistance levels
• Potential price targets for the breakout
• Risk management strategies for traders
Don't miss this opportunity to understand the technical factors driving LTC's price action and how you can potentially profit from this bullish formation.
#Litecoin #LTCUSDT #CryptoAnalysis #TechnicalAnalysis #BullishBreakout #AscendingTriangle #CryptoTrading #PriceTarget #ResistanceLevel #SupportLevel #CryptocurrencyMarket #BlockchainTechnology #DigitalAssets #CryptoInvesting #TradingStrategy #CryptoTrends #AltcoinSeason #CryptoPortfolio #FinancialFreedom #CryptoEducation
Remember to always conduct your own research and consider your risk tolerance before making any investment decisions.
LTC/USDT Technical Analysis ( What Halving Targets )LTC/USDT Technical Analysis: Bearish Trends and Upside Opportunities
LTC is currently trading at $84, displaying a bearish trend. Our analysis suggests a potential downtrend continuation towards $78. Previous resistance at $100 resulted in a rejection, but key support levels offer potential upside opportunities.
If LTC holds the strong support at $78 and breaks above $100, we may witness renewed upward movement. This could lead to an upward rally towards the $140-$150 range. Traders, keep a close eye on the breakout at $100 for potential bullish momentum.
On the downside, a breakdown below $78 could trigger further declines. In such a scenario, downside targets of $60 and $50 come into play. This presents a potential long-term buying opportunity for those looking to accumulate LTC at lower prices.
Key Levels:
Support: $78, $63, $50
Resistance: $102, $150
Disclaimer: This analysis is not financial advice. Please conduct your own research before making any investment decisions.
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LTC LITECOIN USD : LITECOIN RUNNING FLAT AND BULL FLAG $10,000!LTC LITECOIN USD This is Litecoin on the 4 month, and as you can see there has been a running flat correction from its run up 2015-2017 for the last 5 years. Litecoin has been in a bear market technically for the last 5 years correcting on a 4 month candle chart. At the same LTC has formed a massive bull flag in this correction, with a measured move up to $10,000 like I talk about in my other charts. Im not sure when we will get there but i believe the explosion upward for Litecoin will be so swift and so fast and unexpected it will catch everyone off guard. I see people comment with crap to say about Litecoin like its dead, no use case, old news, better projects blah blah blah. Something people should notice is that Litecoin has been and always will be around. Right now Litecoins price is way below its value. Ever notice how when CNBC or Other news channels when they do a crypto market roundup or talk about cryptos prices etc they always use Bitcoin, Ethereum and Litecoin! People who say Litecoin is dead should ask themselves why their favorite project be it Doge, Shib, XRP, ADA, SOL etc aren't used to show market conditions on Mainstream Media? You can actually see an example of this from just a couple of days ago, Anthony Pompliano was on CNBC, I believe it was, and they talked about the current state of the market. The three coins they showed the percentage loss on was Bitcoin, Ethereum and Litecoin. Litecoin is going to take over the payment space In my opinion. Its position will be right under Bitcoin on the market cap in position 2 or 3, where it was for a long time before and will be again in the future. You'll never see Litecoin again at these prices, this is a no brainer for me to load up on LTC now. So what if we drop a few more bucks, then DCA in, and think about the reward you will get in the future when LTC smokes past everything and everyone's expectations and gets back into the #2 spot with a price in the $10,000 -$20,000 USD range. This is not trading advice this is just my opinion. Thank you follow me for for updates and analysis. Good luck out there my friends.
LTC wants its yellow mountainLTC the old dinosaur, which was always only smiled at as the small, weak brother of BTC, has been characterized since spacious time by massive, silent purchases of whales, while having increasing on chain transaction and usecases. The years of downward pressure, is due to the many buyers who gradually capitalized, moving to various altcoins/PoS/Layer1.... I am pretty sure that soon the bottom will be in, so that the journey may finally go in the direction of new ATH.
I expected generally an ATH for most cryptos during our next bullish market that might take place end of Q1 or during Q2 this year before having another bear market, to kick in.
What speaks in favor of LTC?
- Increasing mass adoption and real use case around the globe
- Whale Accumulating since months
- innovation through OmniLite, WNEB etc.
- increasing transaction volume
- stable, lower transaction fees compared to BTC
What speaks again LTC
- Still PoW
- Slow transaction speed compared PoS chains
- Seen as dinosaurer inside crypto community (not really seen as good investment)
- Various Cryptos are already in use as payment standard around the globe so the market is kinda saturated
Nevertheless, I am confident that we can expect good growth in LTC in the coming months (as long as the general market does not crash further).
This analysis is without warranty. This is NOT a call to buy or sell Litecoin/LTC. Do not invest more than you can afford to lose. Stay healthy
LTC - mid term trade setupLTC dumped, as most of the crypto market.
Overall crypto future is still uncertain but I like this chart.
LTC hit support and create some wicks which indicates buy pressure. Long term trendline is also retested, Stoch RSI is oversold.
Risk/reward ration here is acceptable, I'm targeting 50% gain.
When LTC dumped last time it retraced exactly to 0.618 Fib.
For this trade I'm looking also at this level which is also daily resistance (red box).
If LTC dump under 130$ I'm closing this position.
Long term hodl position doesn't have anything with this trade.
LTC/USD ChartLTC chart looks very interesting today, especially because right now the LTC managed to outperform BTC (check LTC/BTC chart, I didn't post a analysis on that one, but I checked it before I make this chart). LTC has a strong support at 150$, and a long to 190$ is predictable in my opinion. Comment what you think, like and follow.
LTC/ETH Daily FrameLTC/ETH this is putting LTC against Ethereum performance. As you can see, LTC is barely keeping up with ETH during all the days in the past. LTC is not outperforming BTC or ETH therefore, while the opportunity persists, I wouldn't hold any LTC. Ethereum is a better hold currently due to its volatility.
LTC to drop to 0.0005 within 6 monthsLTC/BTC ratio will continue to gradually decline in value. LTC is very close to being kicked out of coinmarketcap top 10 which will cement its status as an Official ShitCoin.
This will accelerate its decline, after which it will drop at least 85% within 6 months.
Do not be surprised if LTC/BTC trades below 0.001 by December.
There is a 98% chance of LTC being worth $0 within the next year.
LTC to 20,000 Epstein Coins? A quick and dirty analysisLitecoin is dat coin she told u not to worry about. Upon popular demand I figured I would throw in a LTC/USD chart (in addition to my newly published chart on the ratio). I may drill down on this further as time goes on, and we have more info (potentially at my new >ltc-joe cloutreon).
As with my last published chart--TheTruthSocialNetwork url stamp/signature will be published in my >ltc-joe block--dw if there's a delay as this illustrates a different nuance/tradeoff in timing (publishing, establishing time, using TV---trusting the digitally signed current ownership of my TV account, and further--deterministically validating/signing it upon inclusion in my block, and ultimately publishing, and building upon that block).
Right right, I know, @Jack is going to save us, thanks but I won’t hold my breath fam.
Anyway, the meat and potatoes of it all is pretty much in the chart. In short, I believe we are completing (likely have already completed) wave 2 of a new bull cycle in litecoin. I believe wave 3 will be a big one as litecoin’s greatest strength--a boot-strapped copy and paste of bitcoin which does not directly compete for it’s mining, has a high cost to attack, and has stood the test of time--will flourish as it can adopt advances in technology much faster than bitcoin which is, by design, more conservative. The similarity in codebase allows litecoin to siphon intellectual capital from bitcoin, and implement it faster, which also helps serve as a (*high value bounty) test net for bitcoin—not to mention—a possible a scenario could arise where btc never changes for the rest of time.
This development dynamic creates a mutually beneficial relationship between bitcoin and alts, and a much more resilient, complex, overall system to attack from miriad of different vantage points. There is a myth out there that if an alt(s) were to ever overtake bitcoin, it would prove to be a failure for the entire space, a laughable notion on it’s face which we can delve into at another time.
Anyway, wave 1 x 2.618 would put as at ~$20k...which might sound crazy now, but based on my ltc/btc analysis seems quite realistic, and possibly even conservative. At $500k per btc, and 0.05 we get there easily.