LTCUSD
LTC/USD - Litecoin UNCHAINED. The new market leader! 🚀Litecoin is the current market leader. Forget about Bitcoin or Ethereum, they are lagging behind.
There's a new kid on the block and it's kicking ass. SINCE 2011!!!
Litecoin has done what no other coin did this past week... a BREAKOUT!
HOLY CRAP. This is important.
I hear rumors that LTC and similar proof of work coins may get some positive regulation on them following the endless proof of stake scams that keep coming.
This is excellent news for BTC, LTC, VTC, Doge and other coins you actually have to mine and not print from thin air... like SOLANA or FTT. LOL
The price action is bullish and if you fancy getting some juicy LTC, then have buy orders at the re-test level of this breakout, around $74.
If the retest is successful, then LTC's next target will be just under $100... JUICY.
Like and follow if you liked my idea!
LTC/USDT Ascending TriangleLTC/USDT Binance 4h Create ascending triangle chart pattern .
What Is an Ascending Triangle?
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside.
Ascending triangles are often called continuation patterns since price will typically break out in the same direction as the trend that was in place just prior to the triangle forming.
KEY TAKEAWAYS
The trendlines of a triangle need to run along at least two swing highs and two swing lows.
Ascending triangles are considered a continuation pattern, as the price will typically break out of the triangle in the price direction prevailing before the triangle, although this won't always occur. A breakout in any direction is noteworthy.
A long trade is taken if the price breaks above the top of the pattern.
A short trade is taken if the price breaks below the lower trendline.
A stop loss is typically placed just outside the pattern on the opposite side from the breakout.
A profit target is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.
What Does the Ascending Triangle Tell You?
An ascending triangle is generally considered to be a continuation pattern, meaning that the pattern is significant if it occurs within an uptrend or downtrend. Once the breakout from the triangle occurs, traders tend to aggressively buy or sell the asset depending on which direction the price broke out.
Why LTCUSDT Can Increase Another +50% 📈Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Unlike most of the cryptocurrency market, here's an altcoin that has been bullish over the last two weeks; Litecoin / LTCUSDT. IF we can CLOSE a weekly candle above the next immediate resistance zone around $75, $100 becomes a highly realistic target. It is though, important to see how the price will react at the resistance zone before entering the trade.
Since you're here 👀 Here's my outlook on BTC :
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Litecoin and it's historical patternsLitecoin on the two weeks has already secretly started building momentum as shown by the STOCHASTIC RSI on the very bottom. This move should carry it up into the yellow box to consolidate until it does it's final break out to new highs. Once the fifty dollar price point leaves it will most likely be gone fore ever. It's new should be around one hundred dollars.
Litecoin facts.
1 The mimble wimble addition has added privacy to Litecoin
2 Litecoin is the longest running chain without interruptions and has actually never been down
3 Litecoin will undergo its third halving on the 14th of July 2023 and will go to 6.25 block rewards which as rare as Bitcoin until bitcoins next halving in 2024
This is not financial advice.
Litecoin is pressing in resistanceAs I've written in my previous analysis, Litecoin is a coin that I like a lot...
As we can see from the posted chart, after a short-lived drop under the 50 support zone, the coin recovered very quickly and since then, the price action is pretty constructive and is carving an ascending triangle on our chart.
At this moment 60 zone offers support and a break above the 64-65 zone resistance could lead to acceleration to the upside and expose the 75 zone.
LTCUSD Take Profit at 63.82 Expect Litecoin to be bullish for the next 16 hours. Seek an entry near Pivot Point Level.
Litecoin | Not Ready, Not YetWe have a strong rejection on the 7th November for Litecoin (LTCUSD) and we are currently seeing a continuation of this move...
Litecoin together with the rest of crypto/Bitcoin, is not yet ready; Wait for the bottom.
We can see a lower high 20-Nov. compared to 7-Nov. and today a break below EMA10.
This tells us that lower support levels are likely to be tested in the coming days.
We will give you the charts once the bottom is in, so that you can take advatange of maximum potential and long-term growth/gains but Litecoin is not ready yet.
The support levels are marked on the chart.
Thank you for reading.
Thanks a lot for your support.
Namaste.
Buy litecoin ahead of bull cross, a x10 that everyone craves forAs shown in chart.
A bull cross is where the 100 period moving average crosses to 200 period and it is a sign of extreme bullishness.
Once the bull cross comes on the daily chart in litecoin this one will reach quickly for its all time highs. Expect to at least double here, which if you are using a margin acc will mean phenomenal profits, not bad on spot either.
Market cap is extremely low here around $6-7 billion at time of print, personally I expect this to go x10.
Lots of momentum for this one through various events in 2022 and 2023, now's the time to get in and hold.
Buy and hold.
LTC recorded good price growth during the last week!LTC recorded good price growth during the last week. The price of this currency, which was placed on an important support in the range of 55.6 to 57.4 dollars, continued to move up to the level of 65 dollars due to the strong return and renewed support of buyers. A reaction has been observed in this area. As you can see, in the daily time frame, the price trend is still in the range.
One of the rules of the range area is not to place the ceiling and floor of the price in a specific range. Therefore, according to the reaction that has been observed, there is a possibility that the price will decrease again towards the previous support. If we don't see selling pressure and close the 4-hour candle below the price of 61.6-61.2 dollars in the 4-hour period, there is a possibility of breaking the resistance and continuing the price growth to higher resistance levels in the range of 70 dollars. But if this support is broken, after the pullback to the range of $65, we expect the price to correct again and return to the price channel of $50.
The interesting thing about Litecoin is that if the daily candle closes above the $64.4-$66.2 range, we can expect the price direction to exit the range from above in the future, and the downward reversals are only pullbacks. It will be a long-term bullish wave. But if this does not happen, and on the other hand, the selling pressure in the market increases, the drop in the price of this currency can continue even up to the range of the price channel of 40-38 dollars, and fake break the previous bottom in the weekly time.
LTCUSD Entry Price 63.82 Wait for price to close above 63.82. Next, wait for candlestick wick to retest 63.82 price level for a long entry.
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Hello, welcome to this LTC/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Litecoin (LTC) was a notable gainer on Friday, as the token surged by as much as 8% in today’s session.
Following a low of $60.29 on Thursday, LTC/USD raced to an intraday high of $63.61 earlier in the day.
As a result of today’s rally, litecoin moved close to a key resistance level, hitting its highest point since last Friday in the process.
Looking at the chart, prices did not yet collide with the aforementioned ceiling of $64.00, which was last broken ten days ago.
This comes as the 14-day relative strength index (RSI) hit a key resistance level of 57.00, leading earlier bulls to abandon their positions.
As of writing, LTC is now tracking at $62.77.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
LTCUSD Intraday TechnicalsLitecoin is trading above $59 level in the intraday chart.
Between $59 and $69 is a choppy range area and we need a momentum from Litecoin to move up.
I expect more volatility from the US market opening and will be interested in Litecoin price action in this range area.
I will consider the following scenarios.
Scenario 1. A re-test and rejection of $59 with a strong price action will make Litecoin more bullish, however below $69 is a choppy range area.
Scenario 2. Below $50, Litecoin is bearish and will move towards $34-$44 area.
Scenario 3. A deep below and a strong rejection of $59 with momentum will make Litecoin bearish towards $34-$44 area, however above $50 is a choppy range area.
LTCUSD Daily Chart Technicals: LTCUSD spiked up yesterday and closed with a solid bullish candle.
Litecoin tested the main CRYPTOLEAN resistance of $65 and closed below it yesterday.
We need to move up above this level for Litecoin to become bullish and for that Bitcoin has to show some strength too.
Above $65, the next resistance for LTCUSD is $71.
A failure to break $65 will result in Litecoin going back to $61.
Litecoin is only bullish above $65.
LTCUSD is trading as a doji candle so far.
Litecoin Intraday Technicals: Trying to Break $59 ResistanceLTCUSD is testing $59 resistance.
A failure to break it will put more pressure on Litecoin and will push it towards $50-$53 region.
I am considering the following scenarios today.
Scenario 1. A strong closure above $59 with momentum will make Litecoin more bullish, however below $69 is a choppy range area.
Scenario 2. Below $50, Litecoin is bearish and will move towards $34-$44 area.
Scenario 3. A strong rejection of $59 with momentum will make Litecoin bearish towards $34-$44 area, however above $50 is a choppy range area.
LTCUSDT asceding triangleAs you may see from the chart we are looking at a possible ascending triangle.
The ascending triangle is usually a bullish chart pattern.
Where should we put take-profit after breakout? A **profit target** is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.
In this case, if you don't want to miss a breakout you can make a risky limit order of around 64.79$ with SL under the pattern so around 57.54$