Get started

LTCUSD

Driving Forces Behind Cryptocurrencies' VolatilityIn the ever-evolving realm of modern finance, the emergence of cryptocurrencies has catalyzed a seismic shift, captivating the imagination of investors and traders alike. Since the inception of Bitcoin in 2009, the cryptocurrency market has experienced an unprecedented surge, leading to a proliferation of digital assets, each with its own unique characteristics and potential applications. However, amid the exhilarating highs and gut-wrenching lows, the cryptocurrency market's intrinsic volatility has left many pondering the enigmatic forces that propel its wild fluctuations. This article embarks on a comprehensive exploration of the fundamental drivers that propel the volatile universe of cryptocurrencies, providing an in-depth analysis of the intricate interplay between a myriad of elements that influence prices and sentiment. From the far-reaching impact of macroeconomic factors and regulatory dynamics to the revolutionary power of technological advancements and the sway of market sentiment, a complex tapestry of influences collectively shapes the turbulent journey of digital currencies. As the global financial ecosystem grapples with the ongoing evolution of this nascent asset class, acquiring an intimate understanding of these pivotal factors becomes a cornerstone for investors, traders, and enthusiasts navigating this dynamic landscape. Diving into the Cryptocurrency Mosaic Cryptocurrencies have transcended their origin with Bitcoin to establish a vibrant and diverse ecosystem of digital assets. Each cryptocurrency possesses a distinct set of attributes, use cases, and underlying technologies, intricately weaving into the intricate fabric of the market. Broadly categorized, cryptocurrencies fall into two primary groups: coins and tokens. Coins like Bitcoin, Litecoin, and Bitcoin Cash are engineered to facilitate transactions and serve as alternatives to conventional currencies. In contrast, crypto tokens are constructed atop existing blockchain platforms, such as Ethereum, fulfilling functions like governance and ecosystem transactions. Furthermore, the consensus mechanisms employed by cryptocurrencies contribute to their diversity. The proof-of-work (PoW) mechanism, utilized by Bitcoin and others, relies on mining for transaction validation. Conversely, the proof-of-stake (PoS) mechanism, exemplified by Ethereum and Cosmos, leverages validators to confirm transactions, enhancing energy efficiency and scalability. Decrypting Cryptocurrency Volatility Volatility is an intrinsic characteristic of cryptocurrencies, fueled by a confluence of influential factors: Limited Liquidity: With trading volumes and market capitalization often lower than traditional assets, even modest buy or sell orders can generate substantial price fluctuations. Speculative Nature: Cryptocurrencies are frequently viewed as speculative instruments, leading to price movements driven by market sentiment, hype, and speculative behavior, rather than fundamental analysis. Regulatory Ambiguity: As a relatively nascent and lightly regulated market, regulatory developments can trigger abrupt price shifts as investors respond to changes or uncertainties in the legal landscape. Sentiment Swings: Market sentiment, shaped by events like security breaches or regulatory announcements, can exert considerable influence on cryptocurrency prices. Manipulation Vulnerability: Due to limited oversight and liquidity in certain markets, cryptocurrencies are susceptible to manipulation by sizable holders, leading to price distortions. Technological Factors: Technical vulnerabilities or glitches can prompt swift price fluctuations as investors react to perceived risks associated with the underlying technology. Adoption and Utilization: The practical adoption and use cases of cryptocurrencies significantly influence their value. Currencies with tangible utility and real-world applications tend to garner heightened interest and market support. Supply and Demand: The fundamental economics of supply and demand guide cryptocurrency prices. Scarce supply coupled with growing demand can propel prices upward. Macroeconomic Influences: Broader macroeconomic factors, encompassing inflation, interest rates, and geopolitical events, can channel investor attention toward cryptocurrencies as alternative investment vehicles or stores of value. Influential Figures' Statements: Public endorsements or criticisms from influential figures exert considerable impact on cryptocurrency prices, shaping market perceptions and behavior. Conclusion As cryptocurrencies reshape the financial landscape, delving into the driving forces behind their volatility is essential for navigating this dynamic market. From the inception of Bitcoin to the kaleidoscope of digital assets that now flourish, the cryptocurrency market is characterized by its rollercoaster-like price oscillations. This article has undertaken a comprehensive exploration of the key factors influencing this volatile realm. Regulatory shifts, market sentiment, technological advancements, hacking incidents, and supply-demand dynamics all converge to define cryptocurrency movements. Understanding these multifaceted influences empowers investors, traders, and enthusiasts to navigate the unpredictability of the crypto landscape with poise and informed decision-making. While cryptocurrencies promise transformation, their journey is marked by rapid evolution and maturation. As the landscape continues to evolve, maintaining vigilance and adaptability remains pivotal. Regardless of your vantage point, comprehending these factors empowers you to seize opportunities and surmount challenges in the captivating realm of digital assets.
Education
by FOREXN1
3
Wyckoff theory and Volume tradingHere is a breakdown on LTC because some have complained about my call to short LTC. I have not changed my bias. I want to give an example of the phases as I see it now and what I am looking for before I go LONG. This will be interesting for breakout traders since they usually don't realize that the break and retest trade is contained within phase C and may or may not contain a spring. But when it does it is a type 1 schematic and we see it pinpointed with a volume pattern we call the stop hunt pattern. Currently we are in Phase B.
Education
by FLASHGORDON10
1
Difference between fast & slow moving RSI |Use in crypto tradingQuick glance: In our last tutorial analysis, we discussed RSI Divergences. In this tutorial, we discuss the difference between a fast and slow moving RSI and how to effectively use this in crypto-trading. First let us understand what is meant by "lookback" period? Lookback is the period under consideration. For example, typically RSI is calculated on a 14-period consideration. 2-period lookback is highly volatile and a 20-period lookback RSI would be smoother than a 14-lookback RSI. 2-RSI is a fast moving RSI and 20-RSI is a slow moving RSI. Lookback period and timeframe are totally different. In both these charts, we have used a 1-day timeframe. How to use fast and slow moving RSI in trading cryptos Using fast and slow moving RSI we can place aggressive low risk trades. The key to achieving this is by determining the predominant market trend. In both the charts, we have used the 200 day - SMA to determine the trend. Price of the underlying > 200day SMA == Predominantly Bullish trend Price of the underlying < 200day SMA == Predominantly Bearish trend Buy when: Price > 200-SMA 2-RSI < 5 Sell when: Price < 200-SMA 2-RSI > 95 Please note: One of the most best ways to catch the trades on fast moving RSI could be using algo-trading. It would ensure that accurate signals are not missed! ------------------------------------------------------------------------------------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis! If you find the analysis useful, please like and share our ideas with the community. Keep supporting :) - Mudrex
BITSTAMP:BTCUSDEducation
by Mudrex
9
LTC / BTC Positional trading in the channel. Working on a coinI made an addition to the previous trading idea of ​​working / learning on this instrument as the price broke through the support of the inner channel and the downtrend developed. Entry # 2 into a short position after breaking the support of the inner channel was confirmed. Trading with the trend. I have shown potential reversal areas in an existing trend on the chart. The ideal long entry point would be a breakout or pullback after a downtrend line breakout. Please note that there is 1 month on the chart. The reversal will be more clearly visible on the weekly timeframe. I have shown a monthly chart so that it contains the entire trading history and shows the essence of the work. ______________________________ I chose the LTC / BTC pair as an example for positional trading. This coin works perfectly technically. To Bitcoin , the coin is held in a horizontal channel from the very beginning of trading. I think you understand that this is not an accident. In the crypto market of several thousand scam coins there are several such technical highly liquid reliable coins. Litecoin is one of them. It is the impressive profit for those who work in large sums. The ideal ratio of profit and risk. Clear trade. It is easy to predict further price movements. Positional trading is suitable for those who have already traded an impressive depot and are already tired of staring at the monitor and burning their time, spoiling their eyesight. For those who no longer get high from the excitement of management and so on. Because a large depot can in most cases be dispersed only by such methods. A person must have iron patience and an understanding of the market cycles. Because profits need to wait a long time. As you can see from the graph, for example, only one trend can last up to a year. Positional trading is the work on the trend on a long-term basis, on charts covering a large time scale. For its implementation, fundamental and technical analysis is often used. Position trading is suitable for all types of markets: cryptocurrencies, stocks, goods, Forex. In other words, position trading refers to a relatively long-term holding of a position in the direction of a global trend. Thus, position trading is an independent style, significantly different from others. Market participants can use this approach to hold short-term and long-term positions. Maintaining a position in the trend, and not work on small weekly fluctuations. This is the main difference from swing, which involves working on the basis of market cycles of several days. In positional trading, you can hold a trade for months or even a year or more (Dow Jones index), it all depends on the trend. Coins for positional trading are selected very carefully, they must be reliable, be closer to TOP or be this top as an example of Litecoin. There should be a real development of the project in the long term, with a strong team that really does something, and not only has a promise legend. It is very important that the coin you choose for positional trading be highly liquid. You can work (or rather need) as in long and short. In any direction the price you earn. If you are not working in short, then most of the position is HOLD on a WALLET! In such a trade where transactions are conducted 1-2 times a year, it makes no sense to risk a huge amount and keep coins on the exchange. Even if you are doing risk diversification through several liquid exchanges. Only the large time frame is important, we do not pay attention to small price fluctuations. The purchase / sale of an asset is made only upon confirmation of a change in trend. No hai and loy! Minimum prices and maximums will be left for hamsters. ______________________________ Position Trading Rules: 1) A signal to enter a position is the beginning of a trend on a large timeframe (with a timeframe of 1 day or 1 week). 2) Exit from the transaction is carried out only if there are sufficient grounds for the end of the trend (trend change). 3) No lows and highs of the price when trading! Let's leave this occupation to stupid hamsters! ______________________________ The advantages of positional trading. 1) Does not take into account small price changes, that is, does not require constant monitoring of the situation. 2) There is no need to be near the computer all the time. In positional strategy, the most important thing is a deep and thorough analysis, on the basis of which a further decision is made. 3) An open position simply needs to be monitored if there is a situation that can change the position or price. Positional trading strategy is an analysis of daily, weekly and monthly timeframes; holding an open position for at least a few days to several months. In simple terms, positional trading is a meaningful and balanced entry into a transaction based on holding a position in a trend. _______________________________ The disadvantages of positional trading. 1) a long expectation of results that can actually be measured only after months or years; 2) high responsibility for each forecast and analysis, since it can take many days and weeks to hold the wrong position; 3) slow progress in trading (holding positions is good if the trader already has experience, but you won’t be able to gain it quickly by opening deals once a year); 4) the need for significant investment (you can get a tangible income from position trading only if you have a decent amount of money in the account). As a result, holding a position in certain cases is a significant advantage for an experienced trader, but fatal for beginner speculators.
Education
by SpartaBTC
6
How to use Camarilla Opening Range Hello traders, Here I shall demonstrate you how you can use Camarilla Weekly Opening range S1 to R1 (in tradingview, otherwise Camarilla levels are marked with H1,2,3,4,5,6 (High) and L1,2,3,4,5,6 (for Low). ------------------------------------------- If day, week or month opens and price start trending ABOVE Camarilla Opening Range you look for LONGS, targetting 1. R3 2. R4 3. R5. R5 Final target after breakout of R4, as price rarely makes it to R6 during a week / month. Usually I never target R6 - this is quite unrealistic target (though it might work in supervolatile instruments as bitcoin). If day, week or month opens and price start trending BELOW Camarilla Opening Range you look for shorts with targets as above. ------------------------------------------- You can use Moving averages (best static ones - multitimeframe that do change when you flip charts) to confirm entries. This system is similiar to Mark Fisher´s Opening Range using the open instead of close (which are typically the same, as candle usually opens where it closed). This should greatly improve your trading as you will have REALISTIC VOLATILITY BASED TARGETS based on previous close, high and low. Good luck!
BITSTAMP:BTCUSDEducation
by ICFX
How to use Moving Average (MA) in crypto tradingHello, traders!. Today we will examine how Moving Average can be used as a tool in trading. Moving Average is one of the most famous and popular coin filters. The most straightforward application of MA: 1) Defining the trend. Uptrend If MA is upward, downtrend if MA is downward. 2) Determining the strength of the trend. The greater the deviation of price from the moving average, the stronger is the trend. 3. Signal to buy or sell the asset. There are two cases that can be considered a buy signal: - Moving average price crossing from bottom to top; - The crossing of the lower MA of the older MA (for example, MA50 crosses MA100) from bottom to top. The opposite of two cases can be used as a sell signal : - Moving average price crosses from top to bottom; - The crossing of the lower MA of the older MA (e.g. MA50 crosses MA100) from top to bottom. ETH/USDT Above is the bright example of MA50+MA100 combination using H1 timeframe. On the chart, MA50 is marked in green, and MA100 is black. As a rule, the trend starts with small timeframes and then moves on to the older ones. Here is another example using 4H timeframe for LINK/USDT And finally, an example of working out the combination of MA50+MA100 on the 1D timeframe for LTC/USDT . Hope this is going to be valuable for you! Good luck and watch out for the market
Education
by UnknownUnicorn10064030
5
BTCUSD: Does opinion of crypto influencers matter?Influencer Social Market Sentiment is one of the 6 types of social alerts that RoninAi project is producing. The 6 types of social alerts are presented below: 1. Market Manipulation Alert 2. Market Trend Reversal Index 3. Market Trend Intensity Indicator 4. Market Top and Bottom Index 5. Influencer Social Market Sentiment 6. Institutional Volume Signals When Crypto Influencers speak up on Twitter, we collect their tweet sentiment and produce an index. Recent results of how Influencer Social Market Sentiment caught the recent rally? Entry: Jul 4, 2020 at 2:09AM EST Exit: Jul 8, 2020 at 7:16PM EST Return = 3.9% with almost no drawdown. These Social Alerts are good for COINBASE:BTCUSD , COINBASE:ETHUSD , COINBASE:LTCUSD , COINBASE:BCHUSD , and COINBASE:XRPUSD . For more info, feel free to drop your questions in the comments.
BITFINEX:BTCUSDEducation
by PeterBorovykh
2
LTCUSDLTCUSD PART 2 I started the second part out of curiosity how it would look with a black background, but I ended up looking at a slightly smaller time frame to frame the range boxes more accurately, and then I started to analyze various ways of using the tools to find trades as a buyer and the seller. In addition, I gave an example of how a contracted market expands through wash and rinses of buyers and sellers. I tried to give a sense of how markets look when they expand when you factor in bullish and bearish swings that are part of an expanding market. If this has value please give a thumbs up. Some of this should seem at least vaguely familiar for followers who have been around for a while, but it may be new information for people that are coming on board in the recent past. Don't worry, I am extremely repetitive. However, you have to start drawing the lines to get a better feel for this, and it will be worthwhile in my opinion.
BITSTAMP:LTCUSDEducation
by ScottBogatin
1
EW Analysis: BTCUSD And Friends In The Corrective PhaseHello traders! Welcome to the Crypto Quick Overview chart with major cryptocurrencies of BTCUSD, ETHUSD, LTCUSD, DSHUSD , XRPUSD and BCHUSD in which we will show you how the cryptocurrencies look from Elliott Wave perspective. In the Crypto market it's important to respect correlations, because they are most of the time moving together in positive correlation. Of course, there are no tick by tick correlations, but when analyzing it's very recommended to respect them! Well, what we currently see is a corrective development within downtrend in all major cryptocurrencies, which means that Cryptos can see more weakness in the upcoming sessions, so they can be easily headed back new lows after these slow price actions and choppy + overlapped wave structures! What we want to say is that don't fall in love with bulls just yet, because we see room for another, maybe the final wave down in the higher time frame charts and once/if they hit new lows, this is when we will expect a bullish reversal, but as always we need confirmations, which we currently don't have them yet! Be humble and trade smart! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
BITSTAMP:BTCUSDEducation
by ew-forecast
1
LTC: CRUSHED! LEARN SHORTINGHello dear Litecoin traders, hope you're doing well guys! ;) As we talked already about the Alts, also LTC got completely crushed, which you could've perfetly shorted with out partner Bybit! ;) If you didn't make 20% profits at least yesterday, there is something wrong. Check our link in the description and have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
COINBASE:LTCUSDEducation
by Edgy_
1
LTC/USD: Descending!Very similar to XRP, LTC is also descending, although I'd like to see another bounce in this case building lower Highs, since we have touched the bottom only with the wicks the second time on the 4H. The hourly is more accurate in that sense. If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
COINBASE:LTCUSDEducation
by Edgy_
1
LTC: Trade Review + Journaling!Continuing our trade review series with LTC, I'm gonna show you the actual trade where I was triggered in yesterday and how I played it, including journaling the trade, which is crucial. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
COINBASE:LTCUSDEducation
by Edgy_
2
Learn How To Make Profit Short Trading.If you had a $30k account size, you just made $3k in one hour , taking a high probability trade , as I had posted the setups since Sunday, constantly stressing how important this break is gonna be. LTC, just like EOS, broke around 10% until the lows. So instead of being the pig, who eats everything in front of him (aka constantly overtrading on the 15min or even 5min chart and getting yourself more into the mess), all you had to do was to wait patiently like a lion for his prey . Every month, you only need a handful of those high quality setups, to become an extremely profitable trader with a statistical positive expectancy , over let's say 100 trades. To come back to our case at hand, as the saying goes: The chart takes the stairs up, and the elevator down. => This is somewhat true, as sell offs can occur pretty fast. This is exactly why you wanna learn short trading. Conclusio: Short Trading on margin, also on leverage, is not hard, and can bring you immense profits . If you want to learn this stuff: My whole analyses since Sunday should be proof for you that it is doable also for you. You just have to bring in the effort. Have a good night/day crypto friend, wherever you are on this planet! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
COINBASE:LTCUSDEducation
by Edgy_
1
LTC: Complex Patterns Require Different Perspectives!Dear Litecoin traders, let's first have a look at the last analysis: => We perfectly upheld the purple rectangle as support. The difference of Litecoin's H&S pattern to BTC's is first of all the neckline, which is much wider in the range. So the break of 95 would first of all have to see follow-through underneath 92. Once that zone is broken though, we could go towards the previous lows: If Litecoin can hold the range, I'd like to point you towards a much more complex inverse H&S, which is going on on the Daily timeframe: On the 4H you can see the neckline clearer: => Any move will highly depend on grandpa BTC. As you can see, recognizing patterns is not always an easy task. Much more important than looking at stuff from a textbooks perspective is to understand the psychology behind those patterns. Instead of being dogmatic about it, you have to be always open-minded about your options. If you want to learn those patterns once and for all for yourself, instead of depending on other people, let me know. Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
COINBASE:LTCUSDEducation
by Edgy_
LTC/BTC: How To Recognise S&R Zones & Trade Them!Hello dear LTC traders, hope you're doing well guys! ;) LTC/USD did hardly move after the break of the EQ, the reason is rather in the LTC/BTC chart, where we've broken down out of the 4H Bear Flag, and still have downside potential. I'm gonna show you in this tutorial how to reconise S&R zones with the LTC/BTC chart. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Education
by Edgy_