Litecoinbitcoin
LTCUSD to break out: A Comparison With BTC in October 2020So how do you draw horizontal lines while trading Crypto?
I cannot stress enough on the importance of VPVR when drawing support and resistances. Here I present and example using BTC:
In 2020, most people were showing 14000 (2019 top) and 20000 (2017 top) to be areas of resistance. TA and patterns only work if the assumption behind those TA systems and patterns are valid. If those price actions had very little volume, you cannot really trust them. IN REALITY, very few people trade at the very top of a bubble. If you imagine a line of FOMOers, at these tops it’s the very last people in the line who are buying. Hence these regions NEVER hold as resistances. Check the previous ATH levels for BTC, BTC blasted through every one of them. NOW if you look at VPVR, the “real top” as far as volume is concerned was 12.4k. It was game on after it broke above this level. THIS is true price discovery.
For LTC, this level is 250 USD. LTC spent very little time above this level for the price action to be meaningful. As a result, LTC has been chopping ever since it came close to 250 USD. This is a key long term price region when analyzed on the ultra long term idea that I posted earlier (and I will keep updating).
Bottomline: IF you are a LTC HODLER, please for the love of GOD don’t sell at previous high once we break above this last zone of resistance. Price should reach between 500-700 USD (1.236-1.618 on fib levels) on bullish momentum.
For ultra long term cycle charts on LTC, follow my related chart ideas below.
Are sellers trying to flush Litecoin?LTCBTC is starting to reverse trends.
Sellers tried to hit Litecoin on 1H, but bulls kept growing steadily.
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).
Have Litecoin Third Wave already began?Litecoin already got out of the second flag. What will be the mean support lite for Litecoin?
Will you help me?
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.*
LTC BTC - strong push along with bitcoins current highsWe have a long way to go to get back to the highs litecoin against bitcoin experienced.
But good push equating to LTC/USDT and off the back of btc's stong performance of the day.
Good EMA, trend holding below the candles.
Litecoin to $2000 this bull runLTC MimbleWimble Code To Be Ready by March 15th which can give it a nice push to upwards. Nice double bottom on LTC and it will follow BTC and ETH and will break its ATH.
in 2017 we saw 6000% returns in LTC in 261 days so we can have even 1000% this year it can go to $2000.
Immediate targets are mentioned in the chart.
we discussed the same in our today's video.
LTC BTC - Litecoin is pushing the 1h resistanceInteresting formation on the Litecoin/Bitcoin chart.
Will it break the 1h resistance line and on up to the 4h resistance.
Good Litecoin to usdt growth. Will LTC/BTC match.
LTC BTC - Sideways with slight downwardsEMA is moving sideways with s slight downturn.
Good Litecoin buying at the 0.0036 level for Sat gains when LTCUSDT rises again.
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
Not the best deal. Risky. But you can trySince Bitcoin is growing, many people are reluctant to buy it. They want to buy different Altcoins.
If you really want to buy Altcoin in addition to ETH, LTC might be a good option for you.
SL: If 1D candle closes under 164.
TP: Depends on the market situation. I recommend setting up 50% on the $298. But it is safer to buy bitcoin at the moment.
LTC BTC - falling S&R levelsFalling Supports and resistance levels
Falling EMA
Falling trade volumes.
Time to get cheap litecoin with some BTC
LTC BTC - Little bit of a climbHere we can see Litecoin to BTC climbing.
EMA is settling
Expect it to reach the 4h resistance levels again.
Litecoin - The good scenario and the badOur updated chart with very simple but major support and resistance levels. Price will soon pick a direction, either support and higher or very simply lower to previous support.
Hope it helps
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.
LTC LITECOIN NEXT MOVE LTCBITCOIN LTCUSD LTCUSDT LTCBTC LTCUSDCLTC LITECOIN NEXT MOVE LTCBITCOIN LTCUSD LTCUSDT LTCBTC LTCUSDC
LTC BTC - trending downwardsStrong BTC sees the LTC/BTC trend downwards after a strong surge.
Falling resistance levels as well as tight support levels on all timelines.
Slight falling EMA to watch too.
Is Litecoin Dead? It May Rise Once More...Cryptocurrency is in true mania, and Litecoin is currently lagging behind in its worth in satoshis. There may be a potential flip to the upside once it breaks a few immediate resistance zones, then a quick ride to new ATH's (hopefully).
LTC BTC - strong resistance level on all time framesExpect to see a pulldown from this resistance level.
LTC - Sorry love, I am out till you break this resistanceI am the type of guy who listens to the chart yet and then anything else.
I am out of Litecoin until it can break this bloody resistance.. Chart is self-explanatory
I rather wait and buy it again later. xx
LTC LITECOIN JET READY DAILY CHART LTCUSDC LTCUSDT LTCBTCLTC LITECOIN JET READY DAILY CHART LTCUSDC LTCUSDT LTCBTC
