Litecoin Breaks Support!Litecoin has slipped from support at $51.92, which has provided support all month. We are currently testing $50.64, which is a level we have mentioned many times here in these reports, and one dedicated readers should remember. This is our expectation for a lower bound, and if this does not hold the next support level is $45.48, deep in the $40 handle. If we are able to pivot from here, we must break through $51.92 again before considering $55.84 again, the upper bound of the range.Shortby quantguy1
Litecoin about to melt faces!I've been a long-time advocate of Litecoin and I believe the breakout has happened, although many haven't even noticed... Too many people are focused on the negativity and what Bitcoin is doing and have forgotten about the lost silver of crypto!Longby missedamillion6616
Litecoin Hugs Lower BoundsLitecoin has found support at the lower bound of the range, with $51.92 holding nicely. We should anticipate further support at $50.64 if things turn south, but these two levels have provided consistent support over the past month, so we do not LTC falling much further. If so, there is a vacuum zone to the mid $40's. The level $55.84 should hold as the upper bound of the range. We will need to break this level if we wish to ever test the $60's again, but that is a highly unlikely right now or in the near future.Shortby quantguy0
Litecoin Tests Lows AgainLitecoin has slid from the highs of the range, testing support at relative lows. This range has held solid since mid-September, so we anticipate to continue to hold. We have strong support from $51.92 and $50.64. If support holds at these levels, we should see a pivot back to $55.84, where we are sure to see more resistance. However, a sharp selloff could break through and take us back to the $40's.Shortby quantguy1
LTCUSD - RSI Indicating ReversalRSI has reached its bottom point Price will likely pose a reversal I have a feeling that the reversal we will see will be a lot different to the previous two rallies that I have charted (300%,400%). With a bigger breakout being on the horizon. Linking some relevant ideas below by Bixley11
LTC/USD OutlookPossible 20% drop. Just to let everyone know I have started trading 4h/1D time frames from now on. This is not financial advice. Will update after the trade is done. Shortby DogeEggWSUpdated 5
LTC: Sleeper Pick for the next Bull Run? Litecoin has historically underperformed bitcoin by a country mile. Litecoin even failed to make a higher high back in November 2021. Short to medium term, I expect Litecoin to nosedive off a cliff along with bitcoin and SPX. But zooming out, Litecoin could potentially be trading in a running flat correction that could have Litecoin bottoming out between $20-$30. LTC/BTC has been trading in a corrective descending wedge for a few years now. Should LTC/BTC break out during the next bull run, LTC/USD could see an explosive move to the upside. Short to medium term, if bitcoin nosedives off a cliff, that's going to send BTC.D roaring, which doesn't bode well for LTC/BTC. Regardless, an old crypto to keep an eye on imo. Shortby CrashWhen1
LTCUSD small pump LTCUSD sitting on the support. Buy now and sell at the resistance. As Bitcoin is still consolidating, we expect 9 % pump and then getting rejected and coming back down. Good luckLongby vf_investment5
Litecoin Remains Bounded in the Mid $50'sLitecoin has gained traction, tending toward our upper target of $55.84. The price seems to be equilibrating just below this level, with a possible bull pennant pattern forming. It is not likely that we will see much momentum come through as risk-on markets remained inhibited by higher weekly unemployment and a hawkish Fed. But if so, $55.84 is likely to provide resistance and remains a barrier to higher levels in the $50's. If we retrace, then we should see support again at $51.92 with an absolute floor price of $50.64.Shortby quantguy111
#LTC #Litecoin Targets are $59 and $62#LTC Litecoin if stays above $56 we are looking at $59 and $62. Longby ksm20201
Litecoin Maintains the RangeLitecoin edged higher, hitting our level of $55.84, then immediately turning south, as expected and voiced here in these reports. We anticipate Litecoin to continue to hold this range in the low to mid $50's. Anticipate a floor of $51.92 or $50.64. We are not likely to break through $55.84 but if we do, the next target is $61.75.Shortby quantguy1
LTC: Buy dips!Litecoin Intraday - We look to Buy at 52.05 (stop at 50.98) The trend of higher lows is located at 52.00. A lower correction is expected. Dips continue to attract buyers. We look to buy dips. Our profit targets will be 54.98 and 55.88 Resistance: 55.50 / 57.50 / 59.00 Support: 54.50 / 53.50 / 52.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre. Longby VantageMarkets111
Litecoin Makes a Run for the Mid $50'sLitecoin pivoted off lows with $51.92 providing support, as anticipated. We made a run for higher levels, with an upside target of $55.84, but have run out of steam just below this level. Several red triangles on the KRI seem to indicate that LTC is running into resistance. If are able to continue the rally then $55.84 is sure to provide resistance. We are likely to retrace back to support at $51.94, with $50.64 a likely floor.Shortby quantguy3
LTC Bearish PennantLtc appears to be forming a bearish pennant on the 4 hour chart. It looks like it will fall and form a double bottom on strong weekly support between 45 to 41. Short to 45 or lower.Shortby BallsOfSteel32441
Can Litecoin Hold The $50's?Litecoin still remains bounded between $51.92 and $55.84, as we have mentioned many times. The price action has edged downward, but $51.92 is providing good support at the moment. If this breaks, then there is another level immediately below at $50.64, which should hold. if momentum comes through, then $55.84 is a likely ceiling, as it will take significant momentum to break this level.Shortby quantguy552
LTC PERP 1H Short IdeaPlease see chart - bearish divergence, struggle to move above 200 EMAShortby LonsdaleDLM222
LTC: Litecoin Intraday - We look to Sell at 55.35 (stop at 56.51) Bespoke resistance is located at 55.00. We are trading at oversold extremes. We look for a temporary move higher. Preferred trade is to sell into rallies. 55.54 has been pivotal. Our profit targets will be 52.41 and 51.41 Resistance: 53.00 / 54.00 / 55.00 Support: 52.00 / 51.00 / 50.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.Shortby VantageMarkets0
LitecoinConsidering we keep up our initial trend, we should see some big upside. Buckle up Longby rai_power0
LTC/USD WARNING BULLISH🔥🔥🔥I bought Litecoin (LTC). The reason is that the price is very cheap and it is worth my purchase. The price of this asset is very low now and we are facing an upswing that will give good returns in the futureLongby mmakerinvest4
Can Litecoin Claw Back the Mid $50's?Litecoin has been hovering in the low $50's, bounded between $51.92 and $55.84. We do appear to be seeing some momentum come through with a large green candle wicking up toward the upper bound of the range. We anticipate this to be short lived, but if we can keep up momentum, we are sure to encounter further resistance at $55.84. If not, then we will likely see support at $51.92 or $50.64.Shortby quantguy221