Litecoin is currently perceived as being in a full buying zone, indicating that the market conditions suggest it's a favorable time to consider buying LTC. This assessment might be based on various factors such as technical analysis, fundamental analysis, or a combination of both. Traders often look for specific price levels, patterns, or indicators to determine...
Below is the price movement scenario for LTC.
Analyzing the asset's dynamics since mid-2022, we can observe a clear upward trend, indicating investor confidence and potential growth prospects. However, despite this, the asset is still significantly below its all-time highs, providing an opportunity for entry into positions.
Looking at the trading volume profile,...
Hello Trader BINANCE:LTCUSDT.P
SEE there is a double top pattern for the 15-minute chart, for scalping it can be used for now.
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Disclamer: Not Financial Advice
#LTC
The price has been moving in a descending triangle since the beginning of 2022
We are about to break that downward channel
And also the moving average broke 100 upwards
Current price 70.77
First goal 88.14
The second goal is 113.45
#LTC/USDT breaks the Diagonal Trendline in 4-Hour TF!
Waiting for confirmation to short $LTC. I am expecting a little bounce from bullish OB $92.55 so it may retest the trendline. I will wait for a retest for a short position.
The next support level is PWL $87.85.
Hello everyone, let's look at the LTC to USDT chart taking into account the 8H time frame. As we can see, the price is moving above the local upward trend line.
Going further, you can see the price fighting in a strong resistance zone from $102.33 to $115.12, when we break out of this zone, we can see an increase to the resistance level of $131.40.
Looking the...
Hi all. Timeframe 1 week. LTC is fluttering in the accumulation channel near key support. There is a pressure applied to the resistance of the triangle. A decline to the 52.39 zone is unlikely, so I am considering recruiting to the spot from the current ones. Also long/futures during channel breakdown/retest. Marked goals and levels on the chart.
#LTC/USDT #Analysis
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+ The LTC price has decisively broken out from the resistance line and is now heading towards the next resistance level.
+ In the previous bull run, we observed a similar pattern that resulted in substantial profits for traders.
+ I anticipate a comparable pattern...
LTC halving has just happened on 2nd August 2023. Compared to the previous halving in 2019, prices are similar but LTC's bases of today are more solide: trippled total adresses , doubled active adresses, doubled hashrate.
In my opinion, LTC is still in an accumuation phase in a big range $58-$114 and this would continue for months, maybe until the next halving...
LTC was a dead coin for a long while despite the fact that it's one of the most valued products on the market.
After the recent LTC Halving, LTC Destroyed most of its investors. I was one them and I've been waiting since the last crash (17 August).
Time for vengeance is about to come. Wait until it closes above 106 in a daily time frame.
Buy and wait.
Targets:...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About LTC
(Update)
The Symmetrical Triangle Breakout In Weekly Timeframe✅
Started Healthy Correction & Still Long Way To Go In Coming Weeks✍️
