LTCBULLUSD trade ideas
LTCUSD looking for a break-out to $255.Last time we looked at Litecoin (LTCUSD) was 3.5 months ago (October 10 2024, see chart below) when we gave the most timely buy signal, right before it started the strongest rally of its Bull Cycle yet:
Since however the break-out wasn't as aggressive as we initially expected, we have to downgrade our Target. The sequence in terms of 1W RSI is so far similar to the previous Cycles, it's just that the price hasn't responded as aggressively as then.
As you can see, LTC made the expected 1W RSI peak (December 02 2024) and then as the price started to consolidate, it declined, entering a Channel Down. This is no different that the previous RSI Cycle peaks (Dec 28 2020 and May 01 2017).
The difference is that in 2017 the price responded with a huger continuation rally just shy off the 4.0 Fibonacci extension from the consolidation stage, while in 2020 it 'only' managed to reach the 2.5 Fib.
The current pattern appears to have more in common with 2020/21, so we are downgrading our Target to match the current 2.5 Fib at $255.00. It is not impossible to reach $400 by the end of this Cycle (year) but it is best to pursue it only if you can accept elevated risk.
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LTC 250$?#LTC is currently at a key level on the weekly timeframe.
If buyers can hold Litecoin above $100, it could start moving upward.
This is just my personal view, not financial advice.
Long Idea on LTCUSDBased on seasonality ,quantitative analysis, 50 ema rejection with pinbar and undervalued condition, im looking to enter long on this trade
LITECOIN - Sell Idea (Short-term)The failure the crack the key-level resistance of $128.10, followed by the breakdown below the key-level support at $122.70 is a strong indication that price action will continue on this downside path, at least for the short-term period of time. The next significant key-level support at $116.75 represents our short-term profit target for this new bearish campaign.
Litecoin 350% this year?Hello guys, this is my idea Litecoin.
I like Litecoin.
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
Total supply: 84M LTC
Max. supply: 84M LTC
Circulating supply: 75.45M LTC
I think this year will touch the price 430 usdt, maximum. Good entry now, 100 usdt or less. HODL
This is only my idea guys.
This is not financial advice !
Please do your analysis and consider investing !! Thanks
LTC 200%+ trade idea!Not financial advice! Not a professional! Just trying to learn! lol
I will try to get in LTC around $122
Try to get out around $400 a 200%+ trade!
LTC price to fall one last time before HUGE upside1. Now that price reached $133, it will reverse
2. Price will fall to towards circled lows of $106, $92, and potentially even lower to sub $86 - this zone is the BUY zone
3. Price will take off to ALL TIME HIGHS
BEARISH LTC! Descending TRIANGLE! The charts show an descending triangle, LTC is about to take a deep dive within the next few weeks, back down to $70-60.
LTC/USD "Litecoin vs US Dollar" Crypto Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level.
Goal 🎯: 160.00 (or) Escape Before the Target
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📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
🔴Fundamental Analysis
- Increasing Adoption: Litecoin's growing adoption and use cases, such as its integration with payment processors, are driving up demand and prices.
- Improving Scalability: Litecoin's transition to proof-of-stake (PoS) and the implementation of sharding are expected to improve scalability, reducing transaction costs and increasing efficiency.
⚪Macroeconomic Analysis
- Global Economic Trends: The current global economic uncertainty and inflation concerns are driving investors towards cryptocurrencies like Litecoin, which are seen as a hedge against traditional assets.
- Monetary Policy: Central banks' monetary policies, such as interest rate decisions, can impact Litecoin's price.
🟠COT Report
- The COT report suggests that speculative traders are bullish on LTC/USD, while commercial traders are bearish. This could indicate a potential buying opportunity for traders who follow the contrarian approach.
COT Data Breakdown
Long Positions: 52.3% (speculative), 21.1% (commercial)
Short Positions: 47.7% (commercial), 28.9% (speculative)
⚫Sentimental Analysis
- Market Sentiment: Market sentiment is mixed, with some investors expecting a bullish movement due to increasing adoption and improving scalability, while others are bearish due to regulatory uncertainty and market volatility.
🟡Institutional Trader Analysis
- Institutional Positions: Institutional traders are increasingly investing in Litecoin, driven by its growing adoption and use cases.
🟤Retail Trader Analysis
- Retail Positions: Retail traders are also cautious, with some taking long positions on LTC/USD due to increasing adoption and improving scalability, while others are taking short positions due to regulatory uncertainty and market volatility.
🟢Outlook
- Based on the analysis, the LTC/USD pair is expected to move into a bullish direction in the short term, with a target level of 160.00. However, the movement is likely to be volatile, and investors should be cautious ahead of regulatory developments and economic data releases.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
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LTC/USD to 4-digitsThis is a repost because apparently I broke some TV rule I was not aware of and the last one was hidden. Just want this idea to be out there.
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Litecoin/dollar is mispriced. This value asymmetry should be interesting for investors who value asymmetric bets.
Where is the asymmetry?
The speculative market and the fundamental data are at odds. Reconciliation is logical.
The question is; who is wrong? The speculative market which apparently values SOL; a network which just went offline (again), can barely process txs, is botted to infinity and the home to thousands of scams, or litecoin which hits 200k tx/s on a daily basis and is set to overtake btc in onchain volumes soon?
I bring up SOL just to emphasise how the speculative market is misallocated and probably quite silly. There is no other reason to compare the two since Litecoin is the user-chosen Bitcoin scaling solution and has nothing in common with analos.
The answer is fairly straight forward in my view.
In this chart we can see tx counts, address growth, miner reserves being lower than 2015 levels (contributing to the incoming supply shock) and litecoin volumes in comparison to btc volumes, which are on the rise. I did not include btc fees which rocket during network congestion. This is interesting because the tx-spillover into litecoin is persistent, resulting in permanent network growth.
Ltc is a top 3 asset in the making and it could swap places with eth easily in my view.
LTC to run like XRPCRYPTOCAP:LTC should scam pump like CRYPTOCAP:XRP did. but u have to have sell orders already ready because this coin doesn't give u much time to sell at the top as u can see..
tp 1 $317
tp 2 $439
tp 3 $396
im expecting this to take place in march
LTC Next moveWe just dont know. up or down? Feels up is the way to go upcoming week. Just a projection. lets see how it plays out.
LTC prices to fall one last time before HUGE upside1. Price will rise short term to ~$133
2. Price will fall to ~$92 and potentially even lower to sub $86 - this zone is the BUY zone
3. Price will take off to ALL TIME HIGHS
Chart is looking very bullish, but be patient as price drops for one last time.
STOP LOSS should be set ~$64
Litecoin Long UpdateWould love to see a strong break and close well above the daily level to increase my confidence in this idea at least hitting my initial tp.
Will The LTC-USD ETF Be Approved? LTC Breakout?1. Trend Analysis:
o Price action shows an upward breakout, supported by the Bollinger Bands widening. This is a sign of increasing volatility with a potential bullish continuation.
o Historically, LTC tends to consolidate near the middle band before significant breakouts toward the upper band.
2. Volume: Very important this is the basics
o Increased volume supports the current price breakout, providing confirmation of the move's strength.
Key Levels:
• Support: Middle Bollinger Band (~$117), acting as a dynamic support level.
• Resistance: Upper Bollinger Band (~$140+), which may act as a short-term resistance. This analysis shows profit above 140 as a target, I think it could go as high as $300-$400 after the Litecoin ETF is approved*. (If Approved)
Actionable Insights:
• Bullish Scenario: If LTC-USD continues trading near or above the upper Bollinger Band, it could signal further bullish momentum. Traders might look for breakouts above recent highs. I’m not a trader but a swing trade here over a few weeks could be a good payoff.
• Bearish Scenario: A reversal or sell signal on the DeMark 9 indicator, coupled with price closing below the middle Bollinger Band, could suggest a trend change to the downside.
Litecoin price action "I've analyzed Litecoin's price behavior for the next three months. In my view, the intersection points of the trend lines on April 2nd and May 9th suggest a likely price correction toward these lines." #LTC
Is an $LTC run imminent?I've been an observer of CRYPTOCAP:LTC on longer time frames for years and it seems to be potentially setting itself up for a massive move similar to March 2017 in aggressiveness.
8 years of cycles and slashing of mining rewards have finally distributed CRYPTOCAP:LTC rewards to the strongest and most determined holders who now are awaiting CRYPTOCAP:LTC ETFs to launch where potentially trillions of dollars of new demand can pour into this infinite resource.
Lets see if its finally Litecoin's time to shine.
Good Luck!
LITECOIN - Sell Idea (Short-term)Litecoin is on the backfoot again. Failing to breakout above the key-level resistance of $131.50 suggests that price action has more of that downside potential in the pipeline. Our analysis predicts a continuation of this negative momentum towards the next significant key-level support at $115.00, our official profit target.
Long LITECOINCrypto's look bullish on the higher time frames with Bitcoin seemingly set to hit new all time highs. As such, I am looking for a move a multi-day/week rup in Litecoin in sympathy with Bitcoin with my current long position.
Will Litecoin LTC outperform BTC this cycle? | I entered 200xLitecoin is looking very bullish across most indicators. Based on my study I do believe LTC is poised to outperform BTC this cycle.
I am Long 200x on WEEX dot com. Referral code: 654ox
Litecoin's 48-day stalemate could be a blessing in disguiseLitecoin has been trading sideways for approximately 48 days, frustrating investors and traders who were hoping for more gains following Trump's return to the White House.
Instead, the price has remained range-bound. However, I see this as a potential blessing in disguise. The price action is currently forming a large ascending triangle, offering two potential trading strategies.
My preferred strategy is to trade the breakout at $139.36, targeting a 36% move to around $190 per coin. While this may seem modest, the risk-to-reward ratio could be highly favorable, depending on the breakout timing and stop-loss placement. For example, with a 4% stop loss below the breakout point, the reward ratio could reach 8.31.
An alternative strategy is to buy near the trendline, currently around $92 per coin. This approach suits those with strong conviction in Litecoin and the willingness to remain bullish as long as the price stays above $85. This method offers a higher risk-to-reward ratio of 14. However, the downside is that the price could remain stuck in sideways action for many months, with a significant risk of the price trading below 85.
What is your take on LTC?
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LTC Limit LongLitecoin (LTC) has recently filed for an Exchange-Traded Fund (ETF), signaling a significant milestone for the cryptocurrency. An ETF approval would provide institutional investors with streamlined access to LTC, boosting its legitimacy and potentially driving significant capital inflows.
The ETF application has sparked optimism in the market, with many investors anticipating a bullish trend. If the ETF gains approval, Litecoin could experience a very bullish period, potentially pushing its price to test new highs. Increased media attention, coupled with speculative buying, may drive short-term momentum. However, investors should remain cautious of potential corrections due to profit-taking.
LTC Limit Long $104.50
DCA $98
Stop Loss $93.55
