View of the likely trends. for COINBASE:LTCUSD by i_am_noone

trendanalysis chartpattern beyondta litecoin ltcusd ltc

Litecoin will likely hit 2-10k by end of the year depending on how well BTC performs. 2k being on the more conservative side, and 10k being on the more bullish side. The bear trend will likely end once quarter 2 begins (April). If you haven't realized by now... Litecoin doesn't have that many major rallies left until it breaks 10k based on the rate of growth. From the current data there are only 3-4 rallies left until 10k is hit and broken. If major rallies occur every 3-6 months we are looking at LTC to break 10k within 18 months. Feel free to convince me otherwise... also the shit coins are a distraction some are good though. The death cross doesn't apply to BTC. Throughout the whole down trend there has been accumulation going on, and it shouldn't be long in my opinion for us to see trend reversal for Bitcoin and Litecoin. Remember Bitcoin leads the market if it's trend is bullish, the market is bullish. If it's trend is bearish the market is bearish.

Comment:

Was missing a lower trend line for the bear trend. Added it over here:

Comment:

Double bottom around 116. April is in 2 days things should look up as quarter 2 starts.

Comment:

Quarterly Charts

Comment:

No death cross yet. It is very close to diverting. I believe it will as we start quarter 2. But I could be wrong and the market could go to ZERO like everyone is autistically screeching. Fucks sake people. If you don't believe in CRYPTO leave the market. Don't fill up social media with garbage perma bear shit. Tell me again how a market that grown so much in 1 year is bearish in the long run... b/c it is not. You don't just experience a growth rate like this without it being real. Longs will win. Just a matter of time.

Litecoin price has to catch up to its network hashrate. We should see a pretty large move as it happens.

Comment:

Think of the price action as Litecoin and Bitcoin testing old trend lines to see if demand exists in those ranges before moving up. Sellers are slowly drying up, and order book is thinning for LTC.

Comment:

We must be bold when others are afraid. This is a huge discount for Litecoin compared to where it will be in the long run.

Comment:

Big BTC pattern. Every 3 bottoms a 280% move from previous peak. This year BTC will hit 72k at some point. This means very very very good things for LTC. Patience.

Comment:

For the record institutional investors are loving all this panic.

Comment:

For record keeping.

Comment:

ohhh nooooohh.. its dead guys. its all dead. lol. jk. Have faith in the market you tools.

Comment:

All in due time.

The LTC/BTC quarterly chart has been setting up for a break of the 0.02-0.025 peg for the past 3 quarters.

Comment:

Progress on the trend line so far.

Comment:

Posting updates here:

Comment:

Watch this video:

Comment:

And also watch this:

Comment:

This one:
And this one:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.