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Ltcusdlong

LTC/USDT: Bullish Momentum After Halving and Bullish Order Block In this LTC/USDT technical analysis, we explore the potential for a bullish trend. The presence of a bullish order block and the recent halving event suggest a buying area and an anticipated price bounce. Analysis (180 words): 1. Buying Area - 76-78 due to Halving and Bullish Order Block: The recent Litecoin (LTC) halving event has significant implications for the cryptocurrency's price. As the block reward for miners gets reduced, the overall supply decreases, leading to potential upward pressure on the LTC/USDT price. This scarcity factor often drives demand and can result in a bullish trend. Moreover, technical analysis reveals the presence of a bullish order block in the 76-78 price range. A bullish order block is a significant price level where buyers have shown strength and absorbed selling pressure in the past. It serves as a strong support zone, which makes it an attractive buying area for traders looking to enter the market at a favorable price. 2. Price Projection - Expecting a Bounce to 96-100: With the confluence of the halving event and the bullish order block, we expect the LTC/USDT price to experience a notable bounce. As the buying interest increases around the support area, the price is likely to gain momentum and move towards the resistance level at 96-100.
Long
by Un_trade
LTCUSDT : Descending Channel Time Frame: Daily Structure : Descending Channel: A descending channel is a chart pattern formed from two downward trendlines drawn above and below a price representing resistance and support levels. The descending channel pattern is also known as a falling channel or channel down. The upper line is identified first, as running along with the highs and is called the trendline. Price Currently took support at Trend Line Support Zone Moving Average: 150 MA : In the daily time frame price is observed below 150MA, which indicates the short term trend is still on the bearish side Expectation/Probability : Price can reverse from the current support level till the 90$(Bullish) or Price Can Break the Channel Support then it may fall till 30$(Bearish)
Long
by TheNewsCrypto
💡Don't miss the great buy opportunity in LTCUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (108.8). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 60. Take Profits: TP1= @ 117.5 TP2= @ 121.9 TP3= @ 127.1 TP4= @ 134.1 TP5= @ 142.9 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2
LTCUSD Coinbase - Looking for EntryI do not think I will be entering COINBASE:LTCUSD any time soon. I am looking for long opportunities in my trades and want to get in on the next long term trend. Here we have the price under the 200 day EMA and Supertrend still shows negative. The candle formations which are Heikin Ashi indicate a continued downward trend but there has been some indication of a possible reversal coming. The last line of support indicated in green is not that strong as historically their are not many other points where we have seen this support hold, but the red resistance line is very strong with the price fighting this level plenty of times in the past, which tells me even if we see a reversal in the next few days unless volume picks up we wont see a trend change for awhile. The EMA is below this line of resistance so I foresee LTC being down for awhile. No signs of a long term entry in sight. The last time LTC was in a downtrend it lasted just about two months. Before that it was most of a year in a downtrend. I do not short stocks or coins, I'm just not good at it, but if you are I would love to hear your thoughts.
COINBASE:LTCUSD
by UnknownUnicorn2091450
LTCUSD possible upperside breakout was expected in h4 LTCUSD After reaching around 250.00 LTCUSD has started to falling and reached around 200.00 which is a major psychological level and this level also coincides with .618 Fibonacci which will act as dynamic support and resistance for both bull and bear.In Elliot wave principal we can see Wave D was already completed and the Wave E is underway. We can expect another round of Elliot impulse wave after the completion of Wave E' Irregular triangle pattern was forming since the end of January.Upper side breakout will be a possible outcome Currently the price is well below the .618 Fibonacci if the price remain this Fibonacci then it might reach around .50 Fibonacci level which is around 182.00 and this level will act as medium term support for the bull. And 50,100,200 EMA was acting as resistance for the bull in 4 hour time frame. 0.50 Fibonacci will inclined with the lower side of the trend line which will be a good entry point for the bull. Ichimoku cloud has turned red which is a sign of medium term bearish trend Trade call Buy limit @ 183.00 Take profit @ 280.00 Stop lose @ 149.00
COINBASE:LTCUSDLong
by forexorbit
1
DROP and RISING cycle in LTCUSDLTCUSD The cryptocurrencies have the tendency to repeat its cycle and i am expecting that the sudden drop after the accumulation happens regularly and after the sudden fall we can see a gradual rising and ultimately went above the previous high level 🎉Hit the thumbs up button if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas 💌 Leave your valuable comments and suggestions related to this idea in the comment section. Thanks for your time. Good day guys 💝
COINBASE:LTCUSDLong
by forexorbit
LTCBTC 1 Day Chart Analysis - Mid Term Analysis.You can see that the LTCBTC has broken the falling wedge pattern and moving in Sideway, there is 7 Resistance Level and 4 support level. 1: Resistance Level 0.00999 2: Resistance Level 0.01161 3: Resistance Level 0.01291 4: Resistance Level 0.01442 5: Resistance Level 0.01566 6: Resistance Level 0.01784 7: Resistance Level 0.0200 Support Level. 1: Support Level 0.007539 2: Weak Support Level 0.006635 3: Last Year Support Level 0.005347 4: Strong Support Level 0.002994 Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
Long
by Make_Money_Guru_Bitcoin