Trade ideas
Next Resistance LTCBTC PairLTCBTC is looking bullish right now. Next resistance is the monthly and golden pocket.
LTC/BTC go to the previous top at 0.015It seems that Litecoin paired with bitcoin is aiming for the previous peak in the area of 0.015 over the next few weeks
$LTC #LitecoinLooking good here as the RSI found support and bounced. weekly candle looking good.
ETH making good gains against BTC. LTC will follow.
Good volum and broke 99MA. MACD about to cross over.
I am a fair launch maximalistlitecoin to quadruple digits and beyond, embrace the new paradigm or miss / greyscale shares at 1000%+ premium right now lmfao
5-6 trades for an entire lifetimeDuring your entire lifetime, you will encounter 5-6 trades like that.
Trying to time it is a waste of time.
Better to be too early than 1 day to late with this type of volatility.
Trade at your own risk!
Fossil coin is reviving ☠️Litecoin (one of my least favorite coin) is extremely bullish 🐃
📌 Just take a look at the weekly Komu and you will see why
📌 Correction is over and it has made a higher high.
📍 BTC Dominance is decreasing dramatically, OTHERS.D is also bearish at the moment, plus ETH dominance
✍🏼 LINK, LTC and other old coins like XMR and ZEC are looking bullish
THIS IS NOT A FINANCIAL ADVICE... 😏
LITECOIN / BITCOIN : RETEST PREVIOUS RESISTANCE AND PUMP ? ? Welcome back Traders, Investors, and Community!
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LTC Retest of a falling wedge and IHSLTC did a retest of a falling wedge and should quickly bounce from the support
#LTCBTC 😊 +40% in one month LONG [TrendIsYourFriend]Dear LTC Friends , market correction is time to BUY deep or stick to your position!
Trend Is Your Friend , Don`t worry about side wind!
Today -20% dropdown in marcetcap is normal in crypto, this is a signal that got up strongly in the next month, don`t worry too much , keep on the bright side and ride the trend line.
Wait to the midle of month to see prediction #LTCBTC 0.0006778 or simplly +40% on your BTC balance 🙏
Regards !
BINANCE:LTCBTC
LTC/BTC POTENTIAL PARABOLIC OUTCOME (DOGE/BTC COMPARISON)The LTC/BTC ratio has the potential to move in a similar crazy parabolic fashion as has been seen for DOGE/BTC.
Its non-serious nature and reputation as a meme within the crypto community together with a social network effect from the likes of popular figures in the tech sector have made Dogecoin a popular choice among new traders using brokers such as Robinhood.
Fundamentally, Dogecoin and Litecoin make use of the same Scrypt POW mining algorithm. Litecoin and Dogecoin can be merge mined and nearly 90% of Dogecoin’s total hash rate comes from large Litecoin mining pools, with its blockchain processing around 30,000 transactions per day.
If LTC/BTC follows the same path as DOGE/BTC then the ratio could reach extremely high numbers within the range of 0.05 - 0.2 LTC/BTC. This of course does not mean that this will happen but it is interesting to see the striking resemblance between the two ratio chart patterns.
Fundamentals:
Dogecoin and Litecoin are merge mined
Both use the Scrypt POW mining algorithm
LTC is traded on Robinhood the broker popular in the US with beginners and other Reddit netizens and BTC still has room to grow in the current macrocycle and the entire crypto market cap has room to grow during the altcoin bull run as new money flows into the market.
Technicals:
LTC has a similar chart pattern compared to DOGE and therefore has a chance to play out the DOGE fractal pattern
Monthly MACD histogram is about to flip green
Bullish Divergence on weekly MACD
Stochastic RSI on the monthly is oversold
Bollinger Bands on the monthly are about to expand indicating an increase in price volatility
Monthly EMAs on the weekly are poised to cross (20 weekly EMA about to cross 50 EMA)
Monthly PSAR has flipped bullish
TL;DR
Litecoin go up, much wow!
LTC/BTC Litecoin approaching all time high again, but LTC/BTC strength is still lagging behind & has some potential catching up to do, I'm still long. Check previous post for more info.
Chikun Arise! Long LTC!"Arise, chikun, chikun arise."
Litecoin's price has been suppressed since the last bullrun (both in terms of sats and in USD). Based on the charts, I think it's about darn time that it pumps the hell up.
As you can see, LTC broke above the 2-year downward resistance (yellow line) and stayed above it despite the recent market correction. There had also been a bullish divergence before the pump (green lines).
Oh, and look at the sheer amount of volume the past several months as well. It indicates strong accumulation.
My short-term prediction is that it should at least re-test the 2018 downward resistance (purple line) which is a 50%+ pump away. If it breaks that, then we should be in for more upside. I wouldn't go that far yet though, so we'll see how it plays out once chikun touches that line. For now, that line is the target and I'm long LTC.
300% More For Litecoin? Let's Have A Look!Litecoin (LTCBTC) is now strongly bullish as it moves above the EMA100 and EMA50 price levels.
EMA100, the blue line on the chart, is being conquered today.
A close above this level daily, 0.005980 signals good strength.
Even if prices consolidate before moving higher LTCBTC is still looking great.
On this chart, I am mapping an additional 300%... You know how this goes, this is crypto... We can see 300% happen in 2-3 months or it can happen in just a week or a few days.
That's how crazy this market is.
With no experience, it is hard to trade.
For those of us with patience... We buy and we wait.
Namaste.
LTC/BTC - will history repeat itself?LTC has touched all time lows against BTC and bounced with conviction. Furthermore it broke out of a multiyear falling wedge pattern.
The exact same pattern has manifested before resulting in a very strong run.
The red boxes indicate target areas. The targets align with volume by price levels and fib retracement of the multiyear downtrend.
This is a very simple setup - no magic happening here, but that makes it more powerful, I think.
Let me now what you think in the comments
