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Longing for Sats #2 - LTC/BTCBitcoin is king - so does that make Litecoin the 'prince of shitcoins'? One could argue Ethereum, but ETH is not from the same bloodline. Anyways...LTC/BTC chart looks so bad that it actually looks great. I'm betting on alts to outperform the king at some point this year, and if we have anything remotely close to last alt season then Litecoin will again attempt to steal the spotlight of his big brother, all while gaining the attention/hope from peasants (noobs).
Long
by ju7urna
1
Long term Idea for LitecoinLong term Idea on the monthly chart for litecoin. This is a two year outlook so patients is key. Look at the chart... Is time to sell or buy litecoin? Litecoin is at historic lows against Bitcoin , it's time to buy. Most people won't like this chart as it's not a get rich quick scheme. What it is though, is a path to victory with a series of small wins. *You want to get rich quick, play the lottery. Investing is smart money working for you with patients.*
Long
by WeAreSat0shi
LTC Ready to start outperforming BTC?Litecoin vs BTC has been in a falling wedge for a few years now. We're now approaching the lower end of the wedge and if there's ever a time to start a rally against BTC it's now. What does TA have to say? We're trading below both the 50 and 200 Week MA. A breakout above the 50 MA would be a good thing as it's at about the same level as the upper end of the falling wedge. Ideally we flip this resistance into support ant take off from there. When we look at indicators and oscillators we can spot bullish divergences on stochastic, Willy and MACD. There's no sign of bill div on the obv, that would've been extra bullish. It really only seems like a matter of time before we see this thing take off. Have some extra info to consider, do you see things differently? Let me know! Cheers, W
Long
by WouterNRS
1
Litecoin LTC Prepare For SellOffThe crypto market is living its last bubble days. The prices do not reflect any fundamentals. Cryptos are pure retail investments gambling at this point. LTC Litecoin Market Cap $18,993,843,023 vs Biggest German Bank, Deutsche Bank 23.864B Market Cap Moderna - saves the world from Covid-19 - 69.146B Market Cap Ebay - Market Cap 42.174B FORD - 42.174B MARKET CAP When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends. When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing. If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
COINBASE:LTCUSDShort
by BuySellMarketMaker
2
My love and personal plan for LitecoinHey folks, I'm sharing my plan for LTC First I'll go into why I'm holding for the long term and then I'll dive into my thoughts of the current markets and my short term set up. First let me state Litecoin is one of my absolute favorite ALTs. I've held a position in LTC since the 55$ level. LTC doesn't typically get the hype/attention (or growth) like BTC or ETH but I believe it still has tremendous potential. Why? Well gather 'round kids. It's appealing to the new investor with the all too common "unit bias" issues with BTC. It has practical uses, speed, support and a generous but limited supply double that of BTC. While many coins have approached and surpassed their ATH, LTC has not So new Litecoin investors will be happy to find themselves "in" early. LTC is 140$ currently and that is still LESS THAN HALF of its ATH from $360 in 2017. People looking for a little less volatility and a little more sustained growth I think will find the community and supporters of Litecoin with open arms. And I only hope that LTC won't come prey to these pump n' dump scams although.. it's a very real probability. In this case I would stay very vigilant with dynamic stop losses as it goes parabolic. To be honest If I see an enormous and quick rise in LTC I would likely transfer the position over to bitcoin as the LTC/BTC market spikes for safe keeping rather than back into USD. Now will LTC hit $360 this month?!? Perhaps, but imo it's doubtful. But will it hit it's ATH gradually over this year or the next?!? Well now we can start taking some small, but meaningful longs as the dips allow. Slowly, but surely increasing positions and generating money that works for you rather than explodes and vanishes.... I know DCA isn't the most exciting thing, but it works very well over time. Now for the short term. Currently Litecoin is trading at 140$ trying to push out of its weekly channel. If LTC rejects the 150$ level I expect it to continue to oscillate between the $148-120 parallel channel pictured. If my time allows I would sell partial positions to try and buy back in at the support. But I do plan on holding 85% of my coins as day trading these levels could prove profitable however missing the breakout could negate these trades... The support it holds at the $115-120 area is over a month long and well tested. Dips into these areas push me to further my long position in small increments. Multiple candles below the $115 mark would to me signify a larger push down to about a $100 and even less. I do not think this will be the case near or long term however it never hurts to be prepared. My stop loss hovers near the 100$ mark which would still about double my initial investment. These are my personal viewpoints and they remain flexible. I hope you found them just a bit informative. Cheers & Stay safe friends. -Bruce
COINBASE:LTCUSDLong
by goodluckbruce