We are seeing some historic price action on the epic legendary pair LTC/BTC. Staying cheekily out of the wedge it broke out of.. Litecoin remains poised to FLIP dominance on Bitcoin in 2023. For the first time in its existence next to Bitcoin. It is a Proof of Work coin which has enjoyed a decade of PRODUCTION use-case, with ZERO network shutdowns. Its a...
When CRYPTOCAP:TOTAL and CRYPTOCAP:TOTAL2 enter their bull markets, large capital will look for save havens to increase their purchasing power. While Bitcoin has proven time and time again to be an amazing hodl after the accumulation phase, it's R:R is reaching diminishing returns. Major Altcoins that have proven the test of time, like Ethereum and Litecoin,...
Recently Crypto markets tend to price in news quite quickly, due to increase in professional traders. LTC Halving is priced in and pump is over. We may get a mini pump at the halving date, but dont count on it.
Based on the previous halving, this is most probable to happen.
Looks like LTC may be breaking out of its decade long descending wedge against BTC. What this could mean is anyone's guess. Personally, I have set up a grid bot on LTC/BTC, with range extending to next fib extension from ATH. Stackin' SATs with Litty. Its going to be an interesting year. As always, not financial advice.
LTCBTC pair broken out of trendline and clearly testing it. Very bullish.
If helps you, please like and share. #price_action BINANCE:LTCBTC
I think that 0,01 BTC valuation is very rational and doable at this time of the history. Compression leads to expansion. I sincerely estimate closer to much higher valuations, some of which can be seen in my previous LTBBTC analysis.
Litecoin's halving occurs ~August 4 2023. Typically bullish momentum picks up before this. I believe LTC will see a very strong 2023.
A first downward wave was made, from which a deceptive upward wave was corrected, not an impulse, and a third wave is expected to decline, which is C
seems like has already bottomed out & moving in descending channel Incase Of breakout expecting 400 to 450% bullish Wave In midterm
Vertical blue lines = LTC Halving date Red dot vertical lines = pre halving LTC/BTC pump SHORT TERM VIEW I just noticed a very weird thing about LTC pre halving pump. There is this 1340 days periodicity between the last pre halving pump, and this period is very slightly shorter than the real halving period (1460 days). This make me think that the pre halving...
See if we can catch a quick 3.5% as LTC shows a technical breakout in the run up to the having. Tight targets as I still feel BTC may get a push from the debt ceiling deal, the removal of the BTC mining tax has, I think, yet to be priced in to yesterdays bullish response. Direction: Long Market: Spot Risk: 0.25% - 1% #BTC_LTC Exchange: BINANCE Timeframe:...
Can it be a reverse head and shoulder going on here? what do you think?
We have a break above resistance. Looking for a retest, with a continuation to the next resistance above around .00300000 Not financial Advice
OKX:LTCUSDT halving is close and NYSE:LTC could overperform OKX:BTCUSDT in next period . A R;R ratio of 4,2 for this trade
Do not underestimate #ltc vs. #btc .In mid term this chart says good fortune for #Litecoin against #BTC .Invalidation is the all time low's break down. Not financial advice.
The Litecoin to Bitcoin ratio has been in a massive multi year falling wedge due to all these junk coins coming out and flooding the market. This caused Litecoin to fall on the back burner as many people are stuck on the hype of all the new junk out there. Non the less Litecoin is what it is and its true value is about to show. This wedge has broken after many...