ltccutinhalf
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LTC - Approaching A Support
Hello Binance Family / Fellow Traders.
This is Richard, also known as theSignalyst.
#ltccutinhalf #LTC rejected the 100.0 weekly resistance and traded lower. Now it is approaching the lower red trendline. Moreover, the zone 60.0 a strong weekly structure.
š¹Ā So the highlighted blue circle is a strong area to look for buy setupsĀ as it is the intersection of the redĀ support zoneĀ and lower red trendline. (acting as a non-horizontal support)
As per my trading style: As LTC approaches the lower blue circle zone, I will be looking forĀ bullishĀ reversal setups (like aĀ double bottomĀ pattern,Ā trendline breakĀ , and so on...)
šĀ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This is Richard, also known as theSignalyst.
#ltccutinhalf #LTC rejected the 100.0 weekly resistance and traded lower. Now it is approaching the lower red trendline. Moreover, the zone 60.0 a strong weekly structure.
š¹Ā So the highlighted blue circle is a strong area to look for buy setupsĀ as it is the intersection of the redĀ support zoneĀ and lower red trendline. (acting as a non-horizontal support)
As per my trading style: As LTC approaches the lower blue circle zone, I will be looking forĀ bullishĀ reversal setups (like aĀ double bottomĀ pattern,Ā trendline breakĀ , and so on...)
šĀ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
š¶My principle is that it is acceptable not to make money, but not to lose money. My expected rate of return is only 10%-30% each time. When the price goes up, I sell immediately.
#Binance #BTC #GPT-4 #ltccutinhalf
ā Follow me for safer transactions!
#Binance #BTC #GPT-4 #ltccutinhalf
ā Follow me for safer transactions!
The popularity ranking shows that the popularity of LTC is 1.49 million, and the top 5 currencies are:
LTC ($68.65, +1.93%)
OP ($1.88, -1.57%)
FIL ($4.95, +2.91%)
APT ($10.31, +1.28%)
CFX ($0.1457, +3.70%)
(#ltccutinhalf will always be popular this year)
LTC ($68.65, +1.93%)
OP ($1.88, -1.57%)
FIL ($4.95, +2.91%)
APT ($10.31, +1.28%)
CFX ($0.1457, +3.70%)
(#ltccutinhalf will always be popular this year)
š¢When I decide to buy a currency, the expected return is only 20%.
š¢If he brings me 20% return, I will sell 50%-80% to keep my principal.
#Binance #GPT-4 #ltccutinhalf #CreditSuisse
šµComments will have good luckšŗ Beautiful day!
š¢If he brings me 20% return, I will sell 50%-80% to keep my principal.
#Binance #GPT-4 #ltccutinhalf #CreditSuisse
šµComments will have good luckšŗ Beautiful day!
š¶#ETH The real-time price of Ethereum today is $1,773.20 per (ETH / USD), with a current market cap of $216.99B.
š¬24-hour trading volume is $12.68B USD.
š¬Ethereum is up 0.94% over the past 24 hours.
š¬It has a circulating supply of $122.37 million.
#Binance #ltccutinhalf
š¬24-hour trading volume is $12.68B USD.
š¬Ethereum is up 0.94% over the past 24 hours.
š¬It has a circulating supply of $122.37 million.
#Binance #ltccutinhalf
#MASK The current price of MASK is 6.19USD. The sudden surge of this currency is a bit outrageous. I think whether it is buying up or down, it may make you return to zero overnight!š
#Binance #GPT-4 #ltccutinhalf #Web3
#Binance #GPT-4 #ltccutinhalf #Web3
#Binance The market is picking up today! a nice dayšø
#GPT-4 #ltccutinhalf #CreditSuisse
ā #Web3 Follow me to learn more valuable information!
#GPT-4 #ltccutinhalf #CreditSuisse
ā #Web3 Follow me to learn more valuable information!
Litecoin Hashrate Sets All-Time High Following CFTC Recognition As Digital Commodity
In a recent development for Litecoin, the US Commodities Futures Trading Commission (CFTC) has officiallyĀ recognizedĀ it as a digital commodity. The news comes as the cryptocurrency set an all-time high for its hashrate on March 27th, 2023, at block height 2,446,369.
Litecoinās hashrate has been on a consistent uptrend since June 2021, despite the turbulence in the crypto sector in 2022, which included the Luna-foundation implosion and fraud charges against its founder. The hashrate, which measures the computing power dedicated to mining Litecoin, is an essential metric for assessing network security and strength.
Litecoin hashrate ā 891Th/s. Source: Messari
The recent recognition by the CFTC provides greater clarity for investors looking to participate in the crypto market. The classification of Litecoin as a digital commodity means that it falls under the regulatory purview of the CFTC, which is tasked with preventing fraud, manipulation, and abusive practices in the commodities market.
One factor that may have contributed to the increase in Litecoinās hashrate is the upcoming halving event. In August 2023, Litecoin will undergo its third halving event, which will reduce the amount of newly minted Litecoin by 50%. This feature is engrained in Litecoinās code and ensures a consistent and transparent monetary policy.
The halving event is expected to make it harder to obtain Litecoin and could potentially increase its value. This presents a potential opportunity for investors to capitalize on the discrepancy between prices and Litecoinās hashrate.
With the CFTCās recognition of Litecoin as a digital commodity and the upcoming halving event, the future looks bright for the cryptocurrency. Its highly resistant code ensures consistency and transparency in monetary policy, making it a promising investment for those looking to participate in the crypto market.
#Litecoinhalving #LTC #Litecoinhashrate #ltccutinhalf #azcoinnews
This article was republished from azcoinnews.com
Litecoinās hashrate has been on a consistent uptrend since June 2021, despite the turbulence in the crypto sector in 2022, which included the Luna-foundation implosion and fraud charges against its founder. The hashrate, which measures the computing power dedicated to mining Litecoin, is an essential metric for assessing network security and strength.
Litecoin hashrate ā 891Th/s. Source: Messari
The recent recognition by the CFTC provides greater clarity for investors looking to participate in the crypto market. The classification of Litecoin as a digital commodity means that it falls under the regulatory purview of the CFTC, which is tasked with preventing fraud, manipulation, and abusive practices in the commodities market.
One factor that may have contributed to the increase in Litecoinās hashrate is the upcoming halving event. In August 2023, Litecoin will undergo its third halving event, which will reduce the amount of newly minted Litecoin by 50%. This feature is engrained in Litecoinās code and ensures a consistent and transparent monetary policy.
The halving event is expected to make it harder to obtain Litecoin and could potentially increase its value. This presents a potential opportunity for investors to capitalize on the discrepancy between prices and Litecoinās hashrate.
With the CFTCās recognition of Litecoin as a digital commodity and the upcoming halving event, the future looks bright for the cryptocurrency. Its highly resistant code ensures consistency and transparency in monetary policy, making it a promising investment for those looking to participate in the crypto market.
#Litecoinhalving #LTC #Litecoinhashrate #ltccutinhalf #azcoinnews
This article was republished from azcoinnews.com