LTCUST trade ideas
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangl
LTC/USDT Price Analysis: Bullish Breakout from Ascending Triangle Pattern
In this video, we analyze the recent breakout of Litecoin (LTC) against Tether (USDT) from an ascending triangle pattern, signaling a potential bullish move. We'll explore how LTC/USDT has gained nearly 150% from its recent low and could be eyeing a further 3-5% rally if key resistance levels are breached.
Key points covered:
• Identification of the ascending triangle pattern
• Analysis of key support and resistance levels
• Potential price targets for the breakout
• Risk management strategies for traders
Don't miss this opportunity to understand the technical factors driving LTC's price action and how you can potentially profit from this bullish formation.
#Litecoin #LTCUSDT #CryptoAnalysis #TechnicalAnalysis #BullishBreakout #AscendingTriangle #CryptoTrading #PriceTarget #ResistanceLevel #SupportLevel #CryptocurrencyMarket #BlockchainTechnology #DigitalAssets #CryptoInvesting #TradingStrategy #CryptoTrends #AltcoinSeason #CryptoPortfolio #FinancialFreedom #CryptoEducation
Remember to always conduct your own research and consider your risk tolerance before making any investment decisions.
LTC - My long-term safe tradeHead and shoulders complete -
The dip post head and shoulders has now also played out, while LTC is currently in a prolonged consolidation phase, the refusal to dip below the key support levels does lend some bullish sentiment for the long term.
Bullish Case: If LTC continues to hold above the strong support level and begins to break above key resistance levels, particularly around $70-$100, it could indicate the start of a new bullish trend.
News:
There's significant optimism due to a substantial increase in daily transactions, which have surged by 500% in 2024. This growth is largely driven by increased whale activity, signaling strong interest from large investors.
Charlie Lee Announces Expansion Into Banking Services - The highlight of this expansion is Litecoin’s integration into the banking app of Banco Bilbao Vizcaya Argentaria (BBVA), a major global financial institution. This partnership allows users to purchase LTC directly through the BBVA app. The integration is a significant step towards bridging the gap between traditional banking and cryptocurrencies.
Overall strong bullish sentiment for an overwhelmingly under-valued coin.
LTC/USDT 1D ChartHello everyone, I invite you to a quick review of the LTC/USDT chart on the 1D time frame. As we can see, the price had a sudden downward impulse below the local downtrend channel, but it quickly returned.
Going further, you can see how the price returned above the support at $56.5, then support at $51, and then strong support at $44. Looking the other way, there is resistance at $62, the next resistance is at $65.5, and then there is strong resistance at $70.
Only when the price breaks above this resistance will the path towards the next very strong resistance at $82 be opened.
Litecoin (LTC): 2 Possible Zones of Rejections / Selling PointsWe are back with Litecoin, where the price has bounced from the local dump zone, where the price was heavily oversold.
We saw this kind of pattern already this month so we are here with 2 possible movements.
One with a possible touch of the upper resistance zone, which would stabilize the EMAs and the second one is where our current local support zone will be touched again and broken!
Swallow Team
LTC LONG 📩 Pair: LTCUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: 65.00✅
📊 Entry 2 (DCA): 60.00
✅ Target 1: 68.00
✅ Target 2: 75.00
✅ Target 3: 88.00
⛔️ Stop Loss: 56.00
LTC is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon. If #LTCUSDT faces resistance at the upper trend line of the wedge, we could see a retest of the bullish zone around $60.00, which has been a stronghold of support, rich with liquidity, and a key area for potential buy orders.
Entry Strategy:
- First entry at $65.00
- If the price drops, make an additional entry (DCA) at $60.00 to lower the average cost of the investment.
However, if Litecoin doesn't bounce back from $60.00, the focus shifts to the next crucial support at the lower demand zone of $56.00. The likelihood of a strong rebound here is quite high, making this a critical level to watch. On the flip side, if LTC continues to slide, the bears might gain control, leading to a bearish continuation, marking a significant shift in market sentiment.
"Manage your risk – never trade with more than 1% of your capital on a single transaction."
Litecoin (LTC): Fakeout Might Form Here!!!Litecoin is showing some bullish momentum, where recently we broke the 200EMAs (again) and now we are trading in between the EMAs and the upper resistance zone, where we already got a rejection once.
As of now, we are hoping for another fakeout to form here after what we will be looking for a break of EMAs and a movement to lower zones here so eyes wide open!
Swallow Team
LTC (Litecoin): Approaching ResistanceTrade setup : Price is in a downtrend, however, it's broken back above $70 resistance, which could be a sign of trend reversal. We wait for price to break above stiff resistance at 200-day moving average of $79 to confirm resumption of uptrend.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $65.00, then $55.00. Nearest Resistance Zone is $80.00.
LTCUSDT A Potential Breakout or a Reversal in Sight?Yello, Paradisers! Could this be the perfect moment for #LTCUSDT to shine? Let's dive into the analysis.
💎#LTC has experienced a successful breakout but faced rejection at the resistance zone. Currently, the price is testing the trendline, with a high probability of continuing upward to challenge the resistance at $75 - $77.75. A decisive breakout above this resistance could signal a significant upward move, switching the trend back to bullish momentum and potentially reaching our target strong resistance area.
💎However, if LTC fails to break this resistance, we could see a test back to the support line. In a bearish scenario, if Bitcoin retraces to the $63k area, LTC could drop to the demand zone around $64.5.
💎LTC has a strong history at key support levels. In previous instances, whenever the price hit this zone, it rebounded and moved upward. A bounce from the strong demand area would validate bullish momentum. Conversely, failure to hold this level would invalidate the bullish outlook, increasing the probability of a downward dip.
Remember, consistency and patience are the keys to long-term success in the crypto market.
MyCryptoParadise
iFeel the success🌴
#LTC#LTCUSDT
NYSE:LTC
This is where fait will be decided, if the bearish will win or if we will have a new all time high
Keep close watch!!!!!
#SAYLESS
#forex #forextrading #forexsignals #crypto #forexlifestyle #money #lifestyle #trade #stock #cash #iphone #daytrading #currencytrading #tradingonline #swingtrading #profit #forextips
#LTCUSDT #2h (OKX Futures) Broadening wedge breakout and retestCRYPTOCAP:LTC regained 50MA support and looks good for bullish continuation from here.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (7.0X)
Amount: 5.0%
Current Price:
73.13
Entry Targets:
1) 72.05
Take-Profit Targets:
1) 76.19
Stop Targets:
1) 69.98
Published By: @Zblaba
CRYPTOCAP:LTC OKX:LTCUSDT.P #2h #Litecoin #PoW litecoin.org
Risk/Reward= 1:2.0
Expected Profit= +40.2%
Possible Loss= -20.1%
Estimated Gaintime= 3-4 days
LTC Technical Analysis: Will Litecoin Resistance Zone Give Way tLTC is trading under the resistance zone (Green) at $72.96 - $76.19 and we are expecting a bullish breakout very soon because we are seeing an increase in volume and improving macro market sentiment.
There are 2 scenarios
Bullish Scenario
If the price breaks out from the Green zone with volume we might see the price could reach the next resistance zone (Blue) at $109.69 - $119.41.
Bearish Scenario
If the price is rejected from this Green zone we might see the price test support zone (Yellow) at $56.19 - $60.79. This zone is consistently providing a strong support zone. The price has been bounced back from this zone many times.
LTC on the Edge: Will We See a Bullish Breakout or a Fall?Yello, Paradisers! Could #Litecoin's long-awaited breakout be just around the corner? Let's dive into the recent analysis of the #LTCUSDT and see what's going to happen:
💎Currently, NYSE:LTC is tightly compressed between the trend lines of a falling wedge pattern, and we're anticipating a bullish breakout soon. Why? Because we're seeing increasing volume and improving macro market sentiment—key indicators of a potential upward movement.
💎50EMA is about to cross, a bullish signal that often precedes price increases. The POC of VRVP is also Reinforcing this bullish bias by acting as support within the major support zone.
💎But what if #Litecoin gets rejected at the upper trend line of the falling wedge? In that case, we might see a retest of the bullish order block (OB) at $64.19. This area has consistently provided strong support for BINANCE:LTCUSDT and is packed with liquidity.
💎However, if NYSE:LTC fails to rebound from $64.19, the next critical level to watch is the lower support at $57-$60. The probability of a rebound from this level is significantly higher.
💎Should NYSE:LTC continue to fall, the bears could take control, potentially leading to a bearish continuation.
Stay disciplined, Paradisers, and watch those key levels for profitable trading!
MyCryptoParadise
iFeel the success🌴
