Litecoin has underperformed compared to many Alt's over the years. But everyone has atleast heard of it, as it was one of the first for many years that Coinbase offered. Part of "The Big Three"
As it slipped off the radar for many it is a solid coin. P2P and PoW, it's simple fundamentals make it great.
It's scrypt algorithm makes it good for miners as there is...
Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022
We look at the logarithmic chart
LTCBTC is trading near the lower support line of the descending channel, against the backdrop of good news, I expect a rebound to the middle line of the channel, and possibly even to the channel resistance line.
Current LTC price 70$
Best regards EXCAVO
unbelivable. 444 days before the halving. Historically best time to buy ltc has been 200-250 days before the halving but i think that its not bad idea to start buying it shortly especially thanks to bear market ;)
Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022, just 4 days away.
We have seen a multi-year decline in Litecoin's ratio versus Bitcoin. This is very similar to the declining imperfect resistance line, we had seen in the 2014-2017 period. This alone from a pattern recognition perspective is interesting but the sole reason to be...
For those who have been following for a while you may already be well aware of our stunningly correct bearish stance on the entire crypto space since Spring of 2021 (how we doing bulls?). If this were NBA JAM the video game--anyone who understands the inherent unpredictability of markets and posseses the ability to 'zoom out' likely would have uttered the phrase...
Following on from the LTC/BTC trade I posted a few days back. I believe we are seeing a building of momentum to the upside. Examining the daily candles, we are seeing continuous strong green candles. I believe that this is a great consolidation zone to accumulate litecoin cheap.
Although not financial advice the way I have undertaken this trade is using Binance...
Hello friends , show your love and push like button . litecoin update : it is interesting that from 5 aprils analys nothing has changed , check related ideas down below . bearish trendline is about to end , rsi shows huge positive divergence as well , bearish volume is decreasing and everything is getting ready for a bull run for litecoin , as i said manytimes i...
Litecoin looks to be in heavy accumulation, expecting one more shake out (savage one) - and then a pump of the ages like DOGE.
So long - but expecting liquidity grab first.
Possible bullish scenario for next few months if the breaking of the falling wedge is confirmed. Note the support of the MACD and the RSI, the possible resistance remains the SMA-EMA 200.
No financial advice.
Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin
>>> Litecoin has reached the lowest levels relative to Bitcoin in its History.
>>> Litecoin/Bitcoin has also broken out of a multi-year downtrend, almost identical to the previous cycle.
>>> LTCBTC Wedge is a very reliable pattern. LTCBTC is finding support in this wedge, suggesting a similar pivotal point is approaching.
>>> The Pivot Trade:: This is...
Possible bullish week
In this moment there seems to have been the bottom, a possible scenario would be the retest of the upper triangle with a new bullish wave. For this bullish scenario the price must not fall below the support (dotted line), otherwise with a retest of the buy zone (red rectangle) the scenario would be invalidated in the short term.
No financial advice
Mr. Lee,
Will LTC HODLERS:
1) Have to pay you back when the LTC/BTC ratio goes negative? How does that work in such a scenario?
2) Can they use your Lightning Network for their ECT when they fall into a deep depression upon reaching such a negative state?
Inquiring minds want to know...
Sincerely,
Ambassadorj
I'd suggest checking out my previous post. In it you will see how the Inversion of the 50 Day SMA to the upside, has been a reliable predictor of a larger surge higher. This has occurred 11/11 times the 50 Day SMA has inverted higher, since the start of 2017.
We have witnessed a slight inversion but have not seen significant follow through, being the Ratio...
BINANCE
