Free Litecoin (LTC) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Hold Hold Hold
Last Update / Period
04 Oct / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Litecoin (LTC) signal with technical analysis on 04 Oct

On 04 Oct, we conducted a comprehensive technical analysis of Litecoin (LTC), considering 256 signals with intricate details. Here are the key findings: 37 signals suggested buy strategies, while 133 indicated sell strategies. The remaining 86 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 6
Sell Signals: 35
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 5
Sell Signals: 33
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 13
Sell Signals: 29
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 13
Sell Signals: 36
Neutral Signals: 15
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 37
Sell Signals: 133
Neutral Signals: 86
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Litecoin (LTC) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Litecoin (LTC) on , there is a tendency toward a sell signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and careful consideration should be given to overall market conditions and your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Litecoin (LTC) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is recommended to find the optimal time to exit your position based on the combination of technical analysis signals. For those with a higher risk tolerance, you may wait for the market to move further in the coming days before deciding.
Litecoin (LTC) trading strategy for those in sell positions (short positions): If you are already in a sell (short) position, holding your position may be the right strategy based on our technical analysis consensus. However, remain cautious and closely monitor market developments.
For new positions: If you are not currently invested or are considering switching to a sell (short) position, it's advisable to evaluate the expected price range, which represents a potential downside of 5.57% based on the lowest predicted price. Before entering a sell position, ensure it aligns with your risk tolerance and investment objectives by conducting thorough research.

In all trading scenarios, it is essential to implement a well-defined stop-loss strategy to manage potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend the "Predict-price" website, which provides both short-term and long-term predictions for free. This resource can aid in making informed decisions regarding your **Litecoin (LTC)** holdings.

Litecoin (LTC) Price Analysis and Support Levels:

In our current Litecoin (LTC) position, we anticipate a potential downward trend. It is crucial to understand the key support levels, which can serve as reference points for traders to make well-informed decisions.

First Support Level: 61.708 We are closely monitoring the price at the first support level of 61.708, a critical point in our analysis. If the downward trend continues and this level is breached, it would indicate strong selling pressure and potential further price depreciation.

Second Support Level: 60.108 If the first support level at 61.708 is broken, the second support level at 60.108 becomes a key point. A break at this level suggests stronger downward momentum, likely influenced by market sentiment or external factors.

Third Support Level: 59.787 If the price continues to decline, and the second support level is breached, it signals a significant shift in market dynamics. Staying below 59.787 would indicate a persistent downward trend, with traders looking to this third support level as the next reference point.
It’s essential to closely monitor these support levels and analyze them within the broader market context. By remaining alert and consistently analyzing the market, you can make informed decisions while trading Litecoin (LTC). By paying attention to these support levels and considering broader market trends, you can adapt your trading strategies to the dynamic nature of this market.

Litecoin (LTC) technical analysis chart

Litecoin (LTC) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 66.678 71.462 76.825 77.285 97.177
Support 61.708 60.108 59.787 58.038 57.513
 Litecoin (LTC) Support and Resistance area (04 Oct)

Litecoin (LTC) signals list for 04 Oct

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Litecoin (LTC) candlestick patterns on 04 Oct

Today's Litecoin (LTC) Candle Patterns List:

Litecoin (LTC) technical analysis over the past days

# Date Overal Signals ALL Signals
1 03 Oct Hold HoldHoldHoldHold
2 02 Oct Sell HoldHoldHoldSell
3 01 Oct Sell HoldSellSellNeutral
4 30 Sep Sell SellHoldHoldHold
5 29 Sep Hold NeutralHoldHoldHold
6 28 Sep Hold HoldHoldHoldHold
7 27 Sep Hold HoldHoldHoldHold
8 26 Sep Buy BuyHoldHoldHold
9 25 Sep Hold NeutralHoldHoldHold
10 24 Sep Hold NeutralHoldHoldHold
11 23 Sep Hold HoldHoldHoldHold
12 22 Sep Hold HoldHoldHoldHold
13 21 Sep Hold HoldHoldHoldHold
14 20 Sep Hold HoldHoldHoldHold
15 19 Sep Buy HoldHoldHoldBuy
16 18 Sep Buy BuyHoldBuyNeutral
17 17 Sep Hold NeutralBuyNeutralHold
18 16 Sep Sell NeutralNeutralSellSell
19 15 Sep Neutral HoldNeutralNeutralNeutral
20 14 Sep Buy HoldHoldBuyHold
21 13 Sep Buy HoldBuyNeutralBuy
22 12 Sep Buy BuyNeutralHoldHold
23 11 Sep Hold NeutralHoldHoldHold
24 10 Sep Hold HoldHoldHoldHold
25 09 Sep Hold HoldHoldHoldHold
26 08 Sep Hold HoldHoldHoldHold
27 07 Sep Hold HoldHoldHoldHold
28 06 Sep Sell SellSellSellSell
29 05 Sep Buy HoldHoldHoldBuy
30 04 Sep Buy HoldBuyBuyNeutral

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