Search in ideas for "LTC@"
LTC / USD Price Analysis: Bearish RetraceLTC / USD Short-term price analysis
LTC has a bearish short-term trading bias, with the LTC / USD pair now creating bearish lower lows and trading beneath its 200-period moving average on the four-hour time frame.
The bearish double-top pattern formation on the four-hour time frame continues to weigh on short-term trading sentiment with the LTC / USD pair so far finding interim support from the $68.00 level.
The four-hour time frame shows that key upcoming short-term support is located $60.00 and $54.00 levels.
Pattern Watch
Traders should note that a large inverted head and shoulders pattern remains present across the four-hour time frame.
Relative Strength Index
The Relative Strength Index is bearish on the four-hour time frame, although it is now attempting to recover from oversold conditions.
MACD Indicator
The MACD indicator is neutral on the four-hour time frame, with the MACD signal line and histogram failing to generate a clear trading signal.
LTC / USD Medium-term price analysis
LTC still has a bullish medium-term trading outlook, with the cryptocurrency trading well above its trend defining 200-day moving average.
The daily time frame shows that the LTC / USD pair is retracing lower after the recent upside rally created a much larger inverted head and shoulders pattern.
Key technical support on the daily time frame is currently located at the start of the April bullish rally, around the $60.00 level, and the pair’s 200-day moving average, at $50.00.
www.tradingview.co
LTC / USD Daily Chart by TradingView
Pattern Watch
Traders should continue to monitor the neckline of the bullish inverted head and shoulders pattern on the daily time frame.
Relative Strength Index
The Relative Strength Index is bearish on the four-hour time frame, although it is now attempting to recover from oversold conditions.
MACD Indicator
The MACD indicator has turned bearish on the daily time frame, with the MACD signal line continuing to issue a sell signal.
Conclusion
LTC is still under pressure in the short-term, with the four-hour time frame highlighting that the near-term sentiment towards the LTC / USD pair is still bearish.
The daily time frame is still showing that the inverted head and shoulders pattern remains valid, while the $50.00 level is the key downside area to watch over medium-term.
LTC/USDT : Bullish Reversal Ahead Amid LTC Halving Narrative ?
In this LTC/USDT technical analysis, we explore a potential bullish reversal for Litecoin against the US Dollar Tether (USDT). As the price hovers around the buying area of 85 - 86, we anticipate a bounce towards 92 - 94.
Additionally, the LTC halving narrative provides a bullish implication for the cryptocurrency's future. Let's delve into the key technical indicators and chart patterns.
Considering the current market sentiment, there is a strong likelihood of LTC experiencing a bullish bounce in the near term. Our analysis suggests that once the price finds support at the buying area, a possible rally could take LTC towards the resistance zone of 92 - 94.
It is important to monitor the price action closely to confirm the upward momentum before entering any long positions.
Adding to the positive outlook is the LTC halving narrative, which has historically had a bullish implication on the cryptocurrency's price. LTC halving occurs approximately every four years and results in a reduction of block rewards for miners, decreasing the new LTC supply entering the market.
As demand continues to grow, this limited supply could drive the price higher in the long run.
LTC/BTC BreakoutThis is LTC/BTC graph, and this has been a yearly long graph for LTC on a daily time frame. These trend lines indicate strong support and resistance zones, and this resistance is being re-tested 3rd time, and usually 3rd retest breaks the support/resistance trend lines. Looking forward for LTC to break this trend line on the LTC/BTC graph.
Price target currently for this breakout, if it happens is 0.005 and then 0.007
If the target of 0.005 LTC/BTC is achieved, then LTC should pretty easily break 300 USD price.
LTC Signals Green: Buy Now, Thank Me Later!Gemini
Conversazione con Gemini
immagine del profilo
Short Fondamental, recent news and desclaimer ltc coin in english usa
Mostra bozze
Litecoin (LTC) Fundamentals:
Peer-to-peer (P2P) digital currency designed for faster transactions compared to Bitcoin.
Launched in 2011, it's one of the earliest and well-established altcoins (alternatives to Bitcoin).
Uses a different hashing algorithm than Bitcoin, allowing for quicker block confirmation times (around 2.5 minutes compared to Bitcoin's 10 minutes).
Aims to be more scalable than Bitcoin by having a higher maximum supply of 84 million coins (compared to Bitcoin's 21 million).
Recent LTC News:
Price: As of March 24, 2024, LTC is trading around $86.64 USD, with a slight increase in the last 24 hours.
Volatility: The cryptocurrency market is generally volatile, and LTC's price can fluctuate significantly.
Disclaimer:
I am not a financial advisor and this information shouldn't be considered financial advice. Investing in cryptocurrency involves a high degree of risk. Do your own research before making any investment decisions.
LTC/USDT Potential for Bullish Reversal Ahead of Halving Event !
The upcoming Litecoin halving event, scheduled to occur in one month, adds to the bullish narrative. Traders and investors should closely monitor these factors as they could present promising trading opportunities.
Buying Area at 90-93:
The LTC/USDT pair has historically exhibited strong support levels within the range of 90-93. This range has proven to be a significant area where buyers have entered the market, leading to subsequent price increases.
Traders seeking to initiate long positions can consider buying within this range, as it offers a favorable risk-to-reward ratio.
Expected Price Bounce towards 125-130:
Based on recent price action and technical indicators, there are indications of a potential price bounce for LTC/USDT. We anticipate the pair to move towards the range of 125-130, which has previously acted as a notable resistance level.
LTC Halving as a Bullish Factor:
An additional bullish factor for Litecoin is the upcoming halving event, scheduled to take place in one month.
During halvings, the block rewards for miners are reduced by half. This event has historically triggered a supply reduction and increased demand, leading to price appreciation.
Additionally, monitoring market developments and adjusting stop-loss levels as the trade progresses is recommended.
Conclusion:
In conclusion, the technical analysis of LTC/USDT suggests the potential for a bullish reversal. With a buying area between 90-93 and an expected price bounce towards 125-130, traders can identify favorable trading opportunities. The upcoming Litecoin halving event adds to the bullish narrative. However, it is essential to implement effective risk management strategies and stay informed about market dynamics.
LTC May Become Vulnerable, If Gravitates Below 50Litecoin (LTC) price is trading on the bearish note on the monthly chart; however, it holds above significant moving averages of 100 and 200-Day. Meanwhile, LTC is trading below 20 and 50-DMA, indicating bearish momentum in the short term. Support on the downside is placed at $110 and $90; meanwhile, the resistance on a higher level is $155 and $186. This $185 level's breakout can give the targets of $200 and $245 in upcoming trading sessions. Currently, LTC is facing the resistance of 20-DMA on a short term time frame, which is placed around $138.
themarketperiodical.com
LTC USDT HI, hope yo all guys doing well , This is LTC USDT 4hr chart , if you want to buy ltc , then you should buy ltc in the key area 260$ to 270$ , and guys one thing always
remember , before you invest please DO YOUR OWN RESEARCH, this is not financial advice , thank you.
LTC Price Enters Critical Resistance Zone of $170 On Bullish NotLitecoin performed a positive momentum on Tuesday’s trading session
Litecoin price is $166.42, which is up by 10.34% in the last 24-hour time-frame and 25.10% up from the previous week
LTC/BTC pair is positive with a gain of 0.72% in Tuesday’s trading session (0.003636)
themarketperiodical.com
LTC Bulls Targetting Bullish Mark of $150Litecoin price performed positive momentum on Tuesday’s trading session
Litecoin price is at $140.75, which is up by 5.34% in last the 24 hours and 5.15% up from the previous week
LTC/BTC pair also performs positive with a gain of 4.52% in Tuesday’s trading session (0.004117)
themarketperiodical.com
LTC Regaining Its Bullish RegimeLitecoin price performed with positive momentum on Thursday’s trading session
Litecoin price is currently at $128.84, which is up by 2.20% in last the 24 hours and 4.85% down from the previous week
LTC/BTC pair also performs positive with a gain of 1.93% in Thursday’s trading session (0.004112)
themarketperiodical.com
LTC processed gains of more than 32%Over the daily chart, the price has built a yearly high of $112 by April 1st, 2024. The price of LTC fell, which formed a support this month at a historically proven support zone of $50, after dipping as low as $49.90 by August 5th.
Last two weeks the price of LTC processed gains of more than 32%. It traded at $65.48, with intraday growth of nearly 4%. The price has launched a projectile toward the long-coming down dynamic trendline and seems poised to pierce the EMA bands from below.
Similarly, as observed by other oscillators on the daily chart, it's evident that the price seeks more growth. As MACD showed a bullish cross, where the histogram was at 0.71, and the RSI curve has taken support on 14-SMA at 50.98.
Over the daily chart, the confirmation could be achieved for further propulsion in price, based on the sustenance developed above the CHoCH level of $74.
Over the daily structure, short-term targets can be achieved if a breakout prevails. Based on the Fibonacci retracement tool, the targets could be at $115, $145, and $176, respectively
ltc can go down so hello every one here . this market is in under risk so please make sure own your research . according me ltc can go down because btc is so high and ltc also draw a trangle pattern . please follow me for more trade
ltc breakout and build upwith long triangle formation ltc has broken out
lets wait for retest at 204-205 buying levels with sl of 197.50 and target of 212-213
ltc has lately giving big spikes moves so maintain proper and sl and target is must to avoid slippages
✳️ Litecoin (Feb 22) Big Pump will come soon#LTC/BTC (Binance)
Buy : 0.0075 - 0.0077
Sell : 0.008 - 0.0085 - 0.009 - 0.01 - 0.011 - 0.012 - 0.013
Stoploss : 0.0069
#LTC $LTC #LTCBTC
#LTC/USDT Litecoin Price Bullish Breakout Indicates PotentialBased on the price action, it is anticipated that there will be a retest at $110 for LTC/USDT as it breaks out of the resistance trendline.
LTC/USDT Ready for $500?#Litecoin Bull Market $500 Target
Short-Term: Brace for some dips!
Accumulation Zone: Keep an eye on $30-$50
Long-Term Potential: Target in Next Bull Run: $500-$1000
Critical Levels:
Resistance: $117/$376
Support: $50/$35/$25
Support = Entries ( Buy the Dips )
Opinions, not advice. Do your research!
Share & Follow for more crypto GEM Analysis.
LTC Seems bearish because breakdown the triangle First target 41 and second near 33-26
LTC breakdown the triangle
LTC/USDT in a strong Trendline ....👀💎"Attention, Paradisers! LTCUSDT (Litecoin) is currently nestled within a strong trendline, hinting at a potential bullish surge. This robust trendline signifies a steady upward price movement, indicating possible bullish market conditions. For this bullish scenario to hold true, it's crucial for LTCUSDT to maintain its position above the trendline and show resilience against market volatility.
