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LITECOIN trade ideas

Will Litecoin find support at current levels?Litecoin - 24h expiry - We look to Buy at 90.01 (stop at 87.81) Daily signals are bullish. The sequence for trading is higher highs and lows. The previous swing low is located at 87.98. Preferred trade is to buy on dips. 50 1day EMA is at 90.08. Bespoke support is located at 90. Our profit targets will be 95.51 and 96.51 Resistance: 95.00 / 97.50 / 100.00 Support: 93.50 / 92.00 / 90.00 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.
VANTAGE:LTCUSDLong
by VantageMarkets
2
LITECOIN: Possible New UPSIDE for this cryptocurrency.Have you ever considered investing in Litecoin, the "silver" to Bitcoin's "digital gold"? While its price has dropped significantly from its peak of over $400 per token to around $95, there are indications that now may be the perfect time to buy. Litecoin has been making waves in the cryptocurrency world, particularly since its 37% price increase in November 2022. It has remained relatively stable since the start of the year, but there are several factors that suggest it could experience significant growth in 2023. One of these factors is the upcoming halving event in August 2023, which will reduce the creation of new LTC tokens by 50%. This will make Litecoin even scarcer and decrease its future inflation. Typically, halving events raise the value of coins, so many crypto traders are anticipating a Litecoin rally around this time. In addition, Litecoin's recent partnership with Mastercard has caused quite a stir. Mastercard plans to offer Litecoin-based cards to customers in the UK and EU, following a successful test program in the US market. This could make LTC a more commonly used payment method and bridge the gap between cryptocurrencies and fiat, potentially increasing its long-term value. While Bitcoin is focused on preserving value in the long term, Litecoin has been adjusted to be more useful as an everyday payment platform. It offers lower transaction costs and faster payment settlement, which makes it an appealing option for some investors. According to Coinbase, Litecoin saw a 38% yearly gain after its last halving in 2019. While it's difficult to predict the future of any investment, most forecasters believe that Litecoin will rise above $100 per token by the end of 2023. Overall, Litecoin has significant potential for growth in 2023. The halving event and the Mastercard partnership are two key factors to watch out for. Expanding use in the real world is essential for the growth of any cryptocurrency's value, and the Mastercard agreement is a significant step in this direction. If you're looking for a potential investment opportunity, Litecoin may be worth considering.
COINBASE:LTCUSDLong
by FOREXN1
4
Litecoin to roll back downAs I draw attention before, the 100 zone is a very strong resistance for Litecoin, and, in spite of this recent hype and "back to bull run" calls from the crypto Gurus, I don't expect it to have a sustained rise above this figure. As we can see from the posted chart, LtcUsd already started to drop from this zone and also the recent leg up from December is a rising wedge. A drop under 90 would confirm the pattern and the coin could drop to 60. My general idea remains unchanged overall (although I had some buy trades on Btc and Eth): this is just a correction in the crypto market's case and as for Ltc, sell rallies towards 100 could be a good idea if you are also bearish on medium to longer term. Of course, I could be wrong, but from a speculative point of view, a sell at 100 with a stop at 120 and a target at 60 makes sense.
COINBASE:LTCUSDShort
by Mihai_Iacob
16
Litecoin ready to lead the market another 30%Litecoin has been moving beautifully but running into slight resistance around the $99 to $102 level. Which is the .236 fib level drawn in white. Once we break through these levels I’m eyeing the overall fib drawn in yellow at $129. I’d expect this movement to be rapid, potentially within 1 daily candle. From $129 the white fib .618 at $202 would be the next projected target. Litecoin has definitely been leading the way but if BTC moves to $28,000 and gets rejected I’d expect LTC to see a rejection at the $129 level. Whats everyone think?
COINBASE:LTCUSDLong
by crytobullmike