LTCETH moved in the parallel channel and now, the price breaks down the channel.
please note how the price fell rapidly and severely before the consolidation zone as a ascending channel.
So, we can see this parallel channel as a flag pattern and we expend further downside movement.
Hi
LTC in alt session have a huge huge pump to 1000 Percentage and much more
you can laugh at me but i Recommend to you just if you have enough ETH Buy LTC/ETH just 0.02 of ETH
i gana start bitwin 1 to 3 month later.
Good Luck and have nice life.
Since current LTCBTC charts present best ever buying opportunity if it comes to LITECOIN vs BTC relation (0.0031) we shouldn't be surprised seeing new ATH on LTCUSD market if Bitcoin's price will continue to climb. Similarities rarely play significant role in price action - they do however make it a little bit easier to assume the next possible top area. According...
LTC/ETH this is putting LTC against Ethereum performance. As you can see, LTC is barely keeping up with ETH during all the days in the past. LTC is not outperforming BTC or ETH therefore, while the opportunity persists, I wouldn't hold any LTC. Ethereum is a better hold currently due to its volatility.
ANALYSIS 🔎
- LTC/ETH has been resisted by the long term descending trendline resistance since 12th June 2019.
- Price is testing the descending trendline resistance (circled zone).
- After three breakout attempts, we could be on the verge of a successful breakout above the descending trendline resistance.
- Key horizontal resistance levels have been indicated on...
💎Technical Analysis Summary💎
LTC/USD
-Litecoin is currently trading just above the monthly key area
-Looking at this monthly timeframe, it is more likely to trade sideways
-If we will follow the projection of the upward trendline
-LTC is either move in range until the end of 2021 before deciding to higher or break support
-If you are planning to enter a long...
Nothing more to add.
Of course the idea does NOT sound very convincing with one new low after another.
But that is exactly what ETC did on the ETC/BTC pair. One low followed by another one, and at the end of it a !! x10 !! pump occurred.
This LTC/ETH chart behaves similar to the ETC/BTC pair right before the break out.
So as you could see in my previous LTC idea. I was expecting LTC to move to these prices.
All of my 3 targets below were hit!
What is this idea about?
Firstly I want to show you some comparisons between this and the 2017 bull market.
Then I will do some technical analysis on LTC in the short-term and long-term as well.
Later I will tell you my expectations.
...
Since 1.5 year, ETH has been outperforming LTC. From 0.57 ETH, LTC is now valuing 0.11 ETH.
In this period, ETH went from 240$ (June 2019) and 1870$ (today). 780% growth.
On LTC side, we went from 120$ (June 2019) to 220$ (today). ONLY 83% growth.
Greyscale is now charging a 1500% premium to buy LTC from them.
We can see the Chikun is getting ready.
For that...
As previous analysis, LTC rises smoothly.
LTC in an important area now. 230$.. This AREA is a monthly resistance
If the bulls recapture the 230$ area, bears will receive a rekt and submit their resume to McDonald's.
And the chart says can follow this post.As long as the parabola supports the LTC will rise rapidly.
Previous Analysis
They aren't direct competitors as they offer different features, but one is way pumped up and one is way dumped down!
To quote the great Michael Scott, "How the turn tables... ..."
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Overall ETH has been performing better than LTC for a very long period.
A longer period of data has been used in this chart than previous ones.
The ratio is expected to continue to go lower for the short term until +- beginning of Q2 i.e. ETH performance will be better than LTC, however, we are quickly approaching a 6-year long term support zone of LTC/ETH.
...
