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...
crypto is hand in hand with innovation. last years, have been incredible - tremendous growth, new protocols, defi, metaverse, all of it. beautiful. but we have come to notice, that - as beautiful these new innovations are - and as promising they happen to be - they are NOT waterproof just yet. UST collapse (LUNA) showing that algorithmic stable coins aren't ready...
LTC/BTC have traded against eachother within this huge range since the beginning and this range has always been well respected and now we are on the lower end of the range and have broken out of a Falling Wedge and are now Piercing back within the support zone we very much needed to stay above and now could be looking for a retrace back to the upper end of the...
Goblin Capital presents you another OG coin that is about to rip.
The 'Goblin Algoritme' indicates that OG coins are about to pump into oblivion.
In addition, I expect the ancient narrative (Bitcoin = Gold, Litecoin = Silver) to pick up soon.
If you look at historic price action (PA), accelerations basically go vertical with not much time to hop on the train....
in the past 2 cycles Litecoin pumped at the end of the bear market and then pumped to the highest monthly close of the Litecoin-Bitcoin pair of the previous bull.
- LTCBTC reached historic peak levels
- RSI reached historic peak levels for LTCBTC
if history rhymes LTC / BTC reached its target and should decline from now on
#LTC/BTC Technical Analysis:-
#Litecoin Is currently trading around 0.0036 BTC level.
As Per chart Big Resistance Level is 0.0044 BTC
If Break 0.0044 BTC level then I am expecting Big Move upward side but IMO not break and It will test again New Low’s.
So Be ready for Both Scenario and Never open any trade Blindly.
I am Fully Prepared for Next Bull Market and...
LTC has been an underperforming token when compared to BTC for a very long time. The performance was even worse when compared to ETH or other altcoins.
But that may change!
LTC/BTC has broken out of a bearish channel in which it has been trading for 4 years, which can potentially be the start of something great.
Going to keep my targets (blue) close, since the...
I just remembered that my friend @mprspartan1 asked me about Litecoin vs Bitcoin (LTCBTC)... Is this a real move?
Yes, it is very real based on the chart technicals.
The low was set June 2022 followed by a strong breakout and consolidation before additional growth.
Think of Dogecoin, both vs Tether and vs Bitcoin...
This is exactly what Litecoin is going...
Blue horizontal line is my next target for LTC to grow against btc.
Looks like we are getting a retest over resistance now with a possible continuation impulse.
Not financial advice. Do your own DD.
As projected in the Litecoin technical analysis publish this week by CRYPTOLEAN, after confirming 0.00345 BTC as a support, LTCBTC moved to 0.00378 BTC rejecting it.
Above 0.00378 BTC, Litecoin will become more bullish and will move towards 0.00398-0.00413 BTC area.
For that we need a strong closure above 0.00378 BTC and a bearish or neutral BTC.D.
I will be...