LTCUSD ❕ returned in the downward channelLTC 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.
Litecoin (Cryptocurrency)
Blood in the Altcoin Streets!Traders,
We woke up this morning with a bloody mess in the Altcoins space although Bitcoin and Ethereum both held critical levels and, believe it or not, I remain bullish on. Let's take a look at these charts and talk about what occurred. Are there any altcoins even worth entering? Which ones? What are some good entry areas?
Stew
LTC long setup Buy/Long LTC Now. Litecoin is strong, and a halving is coming in 59 days, which is a very bullish signal.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 91.11 (stop at 89.11)
The bullish engulfing candle on the 4-hour chart the positive for sentiment.
Expect trading to remain mixed and volatile.
The bias is to break to the upside.
A break of yesterdays high would confirm bullish momentum.
Daily signals are mildly bullish.
Our profit targets will be 96.11 and 97.11
Resistance: 88.00 / 90.00 / 91.08
Support: 86.89 / 85.37 / 84.00
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.
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Litecoin (LTC) was one of Monday’s biggest losers, as prices fell by as much as 5%.
Following a high of 96.36 on Sunday, LTC/USD sank to an intraday bottom at the 91.79 level.
This drop sees Litecoin fall for a second consecutive session, after a false breakout of a ceiling at 96.00
prices were relatively overbought, with the RSI hovering close to a ceiling at 62.00, prior to the decline.
Previous LTC bulls likely shifted their positions due to the proximity to the aforementioned resistance point.
the index is now tracking at 52.00 after this sell-off, with a floor at 50.00 as a potential landing zone.
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Litecoin LTCUSDT 92.35 Long! Target 200-400! Halving 60 days Litecoin LTCUSDT is digital silver!
It is one of the oldest and most respected coins!
Litecoin (LTC, Litecoin) is digital silver!
Halving in 60 days!
The halving of Litecoin is a rehearsal for the halving of bitcoin!
Specified levels to enter the trade!
When the price reaches 200 from every refrigerator will broadcast buy LiteCoin!
Subscribe to our channel!
Trade with us using BuySellStyle levels!
LTCUSDTThere are only 60 days left until the halving of Litecoin, and according to the data we have from the previous halvings, the upward movement will continue until 40 days before the halving, and after that the downward movement will begin. So, most likely, less than 20 days from The upward days of Litecoin remain and the prediction of the price of 130 dollars for these days should not be far from imagination. You should also consider possible sharp movements for such events.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Bitcoin Bull Flag Chart Analysis ( Toward $41400 if hold Support BTCUSDT Technical Analysis Chart: A Bull Flag Formation Indicates Potential Upside Move
In this technical analysis of BTCUSDT, we examine the current price of Bitcoin (BTC) and identify a bull flag formation on the higher time frame (HTF) chart. While BTC is currently trading at $27,300, there is a possibility of a significant upward move in the coming days. However, it's important to note that BTC is trading below the trendline resistance, which also serves as the upper side resistance of the bull flag pattern. This article will analyze key support and resistance levels and provide insights for potential trading opportunities.
Key Takeaways:
BTC is forming a bull flag pattern on the HTF chart, indicating the potential for an upward move.
The upper side resistance level to watch for a breakout is $28,300.
If the support level at $26,700 is breached, the next level to monitor is $23,800.
Should BTC drop below $23,800, it could present a buying opportunity at $20,000.
A breakout above $28,300 could lead to a bullish zone and a target of $41,400.
Critical resistance levels to watch are $30,700 and $41,490.
BTCUSDT Technical Analysis:
The current price of BTC is $27,300, and a bull flag pattern is forming on the HTF chart. A bull flag pattern is characterized by a consolidation phase following a strong upward move. This pattern suggests that BTC may experience another significant leg up in the near future.
Trendline Resistance and Upper Side Breakout:
BTC is currently trading below the trendline resistance, which coincides with the upper side resistance of the bull flag formation. Traders should closely monitor the $28,300 level, as a breakout and candle close above this resistance could trigger a bullish rally.
Support Levels to Consider:
Support levels play a crucial role in determining the potential downside risk. The first significant support level to watch is $26,700. If the price closes below this level on the HTF chart, it may indicate a further decline towards the $23,800 level.
Buying Opportunity at $20,000:
In the event that BTC breaks below $23,800, it presents an opportunity to buy at the $20,000 level. Historically, this level has served as a strong support during previous bull runs, and acquiring BTC at this price could yield favorable results.
Resistance Levels and Targets:
A successful breakout above $28,300 could lead to a bullish zone and potentially propel BTC towards the $41,400 level. Traders should closely monitor the resistance levels at $30,700 and $41,490, as these are critical areas that could impact the price movement.
Conclusion:
Based on the technical analysis of the BTCUSDT chart, there are indications of a potential upward move driven by the bull flag formation. Traders should monitor the breakout above the $28,300 resistance level, as it could lead to further upside gains with a target of $41,400. It's crucial to be mindful of support levels, such as $26,700 and $23,800, as a break below these levels may signify a shift in market sentiment. This analysis serves as a personal view and should not be considered financial advice. It is recommended to conduct thorough research before making any investment decisions.
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Litecoin (LTC) Price Analysis 2023Litecoin (LTC) ranks 12th on CoinMarketCap in terms of its market capitalization. The overview of the Litecoin Price prediction for 2023 is explained below with a daily time frame.
In the above chart, Litecoin (LTC) laid out an ascending triangle pattern. It is the inverse of the head and shoulder pattern. Generally, in this pattern, the price action slides downwards and then rises up. Thus, forming three troughs in the pattern, left shoulder, head, and right shoulder.
This pattern can be a potential signal for the upcoming bullish market. If the price action establishes a breakout above the neckline resistance, the price might rise up to new highs.At the time of analysis, the price of Litecoin (LTC) was recorded at $91.99. If the pattern trend continues, the price of LTC might reach the resistance levels of $93.31 and $11. If the trend reverses, then the price of LTC may fall to the support of $83.31
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 95.51 (stop at 93.51)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
A break of yesterdays high would confirm bullish momentum.
We look for gains to be extended today.
Short term momentum is bullish.
Our profit targets will be 100.51 and 101.51
Resistance: 95.50 / 97.00 / 98.50
Support: 94.30 / 93.60 / 92.38
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.
Breakouts & Breakdowns Are Occurring!Traders,
As debt ceiling issues appear to be being resolved, the market is becoming even more bullish. Fear (VIX) is dropping to multi-year lows, the dollar continues its longer-term drop, and the stock markets are popping with several breakout signals. What does this mean for our crypto space? Let's take a closer look.
Stew
LTC gearing for a breakout of lonterm acsending triangle LTC has been building an ascending triangle since June – 2022 and is inching closer near breaking above as this pattern is typically broken to the upside.
The LTC halving is scheduled for Aug 5th and if we look left on the charts for the past 2 LTC halving’s, price action topped in June/July before the Aug dates.
Watching the 4-day MACD cross will give us more clues to the weekly chart looking for the momentum we need to break above, and it looks to be crossing now! ✔
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Litecoin (LTC) was one of Thursday’s notable gainers, as prices moved past a key resistance level.
Following a low of 88.35 on Thursday, LTC/USD rose to an intraday peak at 94.21 earlier in the day.
Litecoin broke out of its recent ceiling at 93.00, hitting a two-week high in the process.
it appears that Thursday’s surge came as the 14-day relative strength index (RSI) broke out of a ceiling at 58.00.
Since the breakout, the index has continued to climb, and as of writing this is currently tracking at 59.76.
In the event momentum continues in this direction, there is a strong chance that LTC will move above 95.00.
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