1 - Litecoin does 5x over Bitcoin
2 - Bitcoin breaks out before cycle peak
3 - Bitcoin peaks at 4 year cycle
4 - Bitcoin bottom of bear market
5 - Litecoin halving
6 - Bitcoin Halving
7 - Bitcoin approaches previous all time high
Shout out @masterbtcltc
The trend will be true under the following assumptions:
- BTC 2021 cycle ends around the 3rd quarter of 2021
- BTC continues with the overall uptrend
I assume a rather quick run up, based on previous behaviour.
The upper line is the most conservative one, which is why I consider it low risk up to that point.
To reach a value of approximately 0.014 BTC for each...
Failed to breakout of the descending channel after breaking out of the falling wedge. It is possible price will retest the falling wedge. On the USD pair, LTCBTC broke down from a rising widening wedge with a measured move of $64. Currently I see price bouncing around the range, and breaking down in the near future, touching bottom.
Last January I outlined a path...
🌴#DOGE and #LTC🌴
💎Patience is the key to consistent success, ladies and gentlemen.
💎Open your mind.
✍️Side note: Since DOGE is going parabolic, these newly found 'professional' wannabe traders will want to chase that adrenaline. Currently, DOGE is trading on Robinhood with only a few other pairs available. We are expecting these to do well once DOGE blows...
Looks like an earliest stage of a breakout preceded by similar patterns formations on the bottom.
Comparing those patterns is justified because as we zoom into first pattern it pretty much coincides with behavior of the second.
Horizontal Fibs aren't used as a retracement, but shows how critical high points of fractal...
#LTCBTC Profit Update:-
#LTCBTC currently trading at around 5700 and Went upto 5869
So now 79% up from our entry and still more rooms for upward.
Entry:- 3300 ✅
TP1:- 4456 ✅
TP2:- 5400 ✅
Still I am expecting big move in coming days but guys don’t forget to book profit partially.
Please hit that Like button and follow us to show support and keep receiving updates as this chart will be updated frequently since I have a big bag of LTC that I am waiting to flip to BTC at the right time. So lets read on!
This is a simple comparison comparing the LTCBTC Megabull from 2017 against the current 2021 Megabull as seen as the blue...
#Litecoin & #Bitcoin will see a good week ahead for taking back some bullish territory.
I am expecting Litecoin to make moves against the USD EITHER WAY this week;
however will LTC move up and independently of BTC??
Historically, no.... BTC moves and LTC typically follows.
We've seen several POS tokens break up while Bitcoin crabs sideways like
$XTZ and $ALGO...
Super bullish on Litecoin as it has multiple indicators crossing bullish on a high time frame for the first time in three years.
MACD Signal crossover
MACD Histogram crossed baseline
RSI in bull territory
Bollinger Bands breakout