Last time Litecoin was here, it went up 10x. Can it do it again?🚨 Last time Litecoin was here, it went up 10x. Can it do it again?
CRYPTOCAP:LTC is back in its accumulation zone ($60–$80) — the same area where it kicked off a 600%+ rally in 2020 and a 1,500%+ move in 2021!
Every time Litecoin touches this zone, it doesn't just bounce… it rockets 🚀
Right now, it's holding the long-term uptrend support line, showing signs of strength. If we break above the $105–$135 resistance, the next targets are:
👉 Mid-term: $219
👉 Long-term: $388 — and possibly even the $862 ATH 👀
With the structure this clean and history on our side, this could be one of the best R/R setups in the market right now.
Accumulation phase doesn't last forever. Eyes on LTC 👇
🟩 Buy Zone: $60–$80
🟥 Stop-loss: Below $58
💎 Targets: $135 → $219 → $388+
Patience might just pay off big this cycle 💎
LTCUSDT trade ideas
LTC coin is Litecoin has good consolidationg and already brokenout from the flat pattern. First target is 168-200. Then further according to trend based fib extension ha easy 400 ATH target. And i know people wont believe but this coin has lot of potential. We can even see 800 1000 1200 up to 4000 target. Ones ALT bull run start just keep this in radar this will be best wealth multiplier. Stay tuned, i will keep posting small small trades here in this post further.
LITECOIN is now weak after getting rejection from its SE-OBLITECOIN formed a selling order block (98.56 -95.19) and has broken its structure at the level of 94.54 and has also changed its character after breaking the levels of 93.53 and 87.90, i had entered this trade at 94.5 with stop loss above its SE-OB at the level of 98.75 and i'm targeting the level of 75.95 because it is its BU-FVG which can be filled in upcoming days.
LTCUSDT: Will This Bullish Setup Ignite a Rally or Fade Away?Yello, Paradisers! Are you ready for what’s brewing in LTCUSDT? 👀
💎LTCUSDT is signaling potential bullish momentum, displaying a bullish Change of Character (CHoCH), a Break of Structure (BOS), breakout of resistance trendline, and the formation of an inverse head and shoulders pattern. These are key indicators suggesting a potential upward move that can't be ignored.
💎If LTCUSDT manages to break out of the current resistance zone, it would enhance the likelihood of a continued bullish push, effectively validating the current pattern.
💎However, should we see a retracement, we could anticipate a bounce from the support zone. To improve the probability on our side, looking for a bullish internal CHoCH on lower timeframes will be critical. Additionally, monitoring BTC’s price action will provide added confirmation and insights.
💎If the price breaks down and closes a candle below the support zone, it will invalidate this bullish scenario. In that case, the best course of action is to remain patient and wait for more compelling price action to form.
Trade smart and stay disciplined, Paradisers. Remember, solid analysis and strategy always outshine impulsive decisions. This is how you win in the long game.
MyCryptoParadise
iFeel the success🌴
Will Litecoin Break the Wedge Upwards?When the LTCUSDT 4-hour chart is examined; It is observed that the price movements continue within the upward sloping wedge. As long as the crypto's 62.56 level is not broken downwards, it is evaluated that the price movements above the 65.79 level can exceed the 69.41 level and target the 76.50 level.
Litecoin BINANCE:LTCUSDT BINANCE:LTCUSDT.P
Litecoin (LTC) is potential bullish momentum on the 4-hour chart, trading at around $65.77. After a significant drop from the highs earlier this year, LTC appears to have found a bottom near $55, forming a rounded base with a series of higher lows. The price is now trading above the moving averages, which are converging and hinting at a possible breakout. Additionally, the MACD histogram has flipped positive, indicating increasing buying pressure. If LTC can sustain above the current level and break through the $70 resistance, we could see a push toward the next target around $75-$80.
Can LTC Price Break Free Of Consolidation?Litecoin has a market cap of $5.6 Billion and is ranked 18th in the crypto verse. It has seen a decline of 18% in volume in the last 24 hours. LTC price is currently trading near the value of $75 with a small drop in the intraday session.
Litecoin price is currently forming weak bearish candles on the daily chart. It is trading below the 50 and 100 EMA on the daily chart. The upside trend of the asset price can see a halt near the value of $85. Meanwhile, the asset price support can be near $70.
The RSI of LTC is near 47 with no slope in it. The overall sentiment of the RSI is consolidating in nature.
Is LTC Price Poised For A Growth To $100 Soon?Litecoin has a market cap of $5.3 Billion and is currently ranked 19th in the CMC. The volume of the asset price has observed a growth of over 108% in the past 24 hours. LTC is currently trading near the value of $72 with a slight drop in the past 24 hours.
LTC is currently trading forming weak bearish candles on the daily chart. It is trading below the 50 and 100 EMA on the daily chart. The upside trend of LTC can see a halt near the value of $85. Meanwhile, the support of the asset price can be observed near $65.
The RSI of LTC is near 34 suggesting its presence in the neutral zone. The overall sentiment of the RSI is neutral.
LTCUSDT - LitecoinLTCUSDT - LiteCoin
Initially traced a Rising Wedge pattern, then broke down.
Recently witnessed a trendline breakout.
Identify significant levels.
Consider a potential entry at current levels with a tight stop loss.
Trade outcome might be a binary bet – either 0 or 1 😁.
Utilize a tight stop loss for greater leverage and aim for larger targets.
LTC Signals Green: Buy Now, Thank Me Later!Gemini
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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.
LITECOIN BULL MARKET CHART ANALYSIS#LITECOIN BULL MARKET CHART ANALYSIS
1⃣ CRYPTOCAP:LTC Stong Bounced From Support $60 Level
2⃣ Next Major Resistance is $115-$120 Level
3⃣ Bull Market Targets: $219/$388/$500/$700/$1000
4⃣ Entry: Buying Dip is good Opportunities
5⃣ Profit: Almost 50% Up from Our Last #LTC Setup
6⃣ Long Term: I am Super Bullish in the Long Run
RT/Like if you agree with my setup.
Thank you
#Cryptocurrencies #Altcoins
LTC: Bulls Ready to Charge! Breakout Potential Ahead 💎 LTC is poised to break multiple resistance levels, including the resistive trendline and a significant resistance zone, while also forming a bullish W pattern. This confluence of factors suggests a potential bullish move for LTC.
💎 If LTCUSDT manages to break out above the resistance level, it could pave the way for further upward movement towards subsequent resistance levels. Conversely, in the event of a pullback in price, we can anticipate a bounce from the demand zone, providing support to the bullish momentum.
💎 However, should LTCUSDT break down below the demand zone, it would be prudent to exercise caution and refrain from trading LTC in that scenario. This breakdown would signal a potential shift in market sentiment towards bearishness, warranting a reassessment of trading strategies.
LTC : Booked a profit of about 7.12% on the invested capital Closed the position for the same reasons I closed other positions in Crypto on the same day: a high interest rate environment and the possibility of a recession hitting the global market in the near future.
I will consider re-entry if the price crashes and returns to cheaper valuations from a technical viewpoint.
Other posts related to the same coin are attached below. Do check them out too.