Litecoin LTC potential rally with the Stock MarketCryptocurrencies were left behind by the recent Stock Market rally.
With the arrival of new BTC Bitcoin ETFs, I expect the Crypto Market to follow!
LTC/USDT forecast
Entry Range: $85 - 90
Price Target 1: $96
Price Target 2: $102
Price Target 3: $107
Stop Loss: $75
LTCUSD
LTCUSD | Will halving get us through the resistance?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 worked off well.
I am therefore preparing for two scenarios.
Scenario 1 (blue)
We come in July again significantly above the EMA200 and our short EMAS, 5+13 pull along.
In this I would use 50% of the capital that I want to use for this idea.
The other 50% when breaking above the EMA800.
Scenario 2 (orange)
We get a stop hunt of our range.
Everything from $71.60 would be a top price and would lead to 50% accumulation.
The other 50% would come into play should we get back into the range after such a stop hunt.
Price Targets :
Around $110 and between $140 and $150.
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Still working this video thing out. Going to be using TV as a rough draft. So uploads on other places will have the corrections and will be cleaned and scrubbed.
Looking for a potential short here, so looking for Ideal entries, here and always...
PA is already moving away but includes areas of interest for a possible turn as well.
ltcusd 8hours best level to buy/hold 25% gains🔸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 USD overhead. Limited upside beyond prem prices.
Trading in well defined range for almost 6 months now, strong re-accumulation.
🔸Recommended strategy bulls: expecting pullback/retest of range lows later
early July.Best reload zone for position traders on buy side near 82 USD.
Short-term pullbackso bulls should wait on sidelines and be ready to reload lower
near 82 USD. final TP bulls +25% gains.
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LTCUSD: MACD Hidden Bearish Divergence Targeting $45-$41LTC 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 Potential Bullish Butterfly.
After hitting those downside targets we could then see Litecoin go for another big move up; this time actually breaking the range to the upside and going for bigger targets perhaps as high as over $9000 as seen in this macro chart here:
LITECOIN UPDATE WEEK 18-24 JUNE 2023
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, it often triggers a wave of selling and prompts investors to reassess their positions. This correction is a natural part of market dynamics and can lead to a temporary shift in sentiment.
Furthermore, the expectation of an upside move in the short term could be influenced by various factors. One possibility is positive news or developments specific to Litecoin (LTC), the cryptocurrency in the LTC/USD trading pair. Positive developments such as partnerships, technological advancements, or regulatory clarity can generate optimism among investors and lead to an upward price movement.
Additionally, broader market dynamics can also contribute to this expected upward move. Factors such as improved market sentiment, increased institutional interest, or positive macroeconomic indicators may create a favorable environment for cryptocurrencies in general, including Litecoin.
However, it's important to note that market movements are influenced by a multitude of factors and are inherently unpredictable. While technical analysis and market trends can provide insights, they cannot guarantee future price movements.
Looking ahead to the coming months, the anticipation of a drop in the LTC/USD market as the dollar strengthens suggests a shift in the broader economic landscape. A strengthening dollar can have a negative impact on cryptocurrencies, as they are often seen as alternative investments and can be negatively correlated with traditional fiat currencies.
The strength of the dollar can be influenced by various factors, including macroeconomic indicators, monetary policy decisions, and geopolitical developments. These factors can create an environment that favors the dollar over other currencies and assets, potentially leading to a decline in the value of cryptocurrencies like Litecoin.
It's important to keep in mind that the interplay between cryptocurrencies and fiat currencies, such as the dollar, is complex and influenced by a wide range of factors. Predicting future movements with precision is challenging, and it's always advisable to approach the market with caution and consider multiple perspectives when making investment decisions.
Litecoin 15 min Elliott wave countLitecoin 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!!
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Good luck!
Litecoin continues to rally.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 and 96.62
Resistance: 87.50 / 88.50 / 91.00
Support: 84.33 / 83.50 / 81.50
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 Pre-Halving Pump into Q2 2023 -Crypto's first sign of springPrice 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 months before BTC halving event
Watching to see how this plays out will be useful to know if money is still interested in this space.
Litecoin to follow Bitcoin gains?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 / 79.34 / 81.00
Support: 75.76 / 75.00 / 73.20
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.
Is it time to sell LTC as death cross just occured?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 the coming weeks and months. As investors, it is important to be aware of these indicators and make informed decisions about our holdings.
Therefore, I am urging you to consider selling your LTC holdings currently. While it may be tempting to hold on and hope for a rebound, the death cross is a strong warning sign that should not be ignored.
Of course, it is ultimately up to each individual to make their own investment decisions. However, I believe it is important to share this information with the community and encourage everyone to take a cautious approach.
✴️ Litecoin | Recovery Or Fail? Consider The Bigger PictureThe 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 low.
The weak ones already went lower, some broke even their June 2022 low/support.
The strong ones remain high, in this case a higher low compared to the March 2023 support.
We are open to all scenarios but the chart remains bullish for Litecoin as long as it trades above its March 2023 low/support. That is short-term.
The bigger picture is clearly up.
Namaste.
LTCUSDT ⚠️"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 below these three lines, we should expect further decline and a fall towards the main trendline, represented by the green color on the chart.
Therefore, today's candle is crucial for me, and if it doesn't return above the support lines, I will be looking for a selling point."
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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 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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