Get started

LTC-BTC

LTC - Long - but NOT nowGolden cross? Check! Major EMA's as support? Check! Above cloud? Check! True golden cross? Check! FA catalyst! Check! Halving ;) Positive sentiment? Check? Bulls are in control! LTC will break out imo. However this is not the moment to go for a long position IMO. Let it retrace to .236 or even better .368 fib level. Once LTC breaks out, other high caps will follow. Always practice money management! Remember the market made a promise to all of us. It will eventually reward patient people! Like & follow if you want to see more updates. And if you have other (opposite) ideas regarding LTC, please share. I see this as enrichment ;)
COINBASE:LTCUSDLong
by CryptoTraderXL
2
LTC's long road to 5kThis is an updated chart with new lines from what I have had previously. This is based on the opinion that LTC will follow relatively the same patterns it has followed in its first halving. In the short run, a final push to 180 is in the cards, but in the 6-8 weeks before the halving it could drop 70% and stay stagnant for a while, until it meets the bottom of the long black uptrend channel and the real bulls arrive bigger and baddier, shooting up to 5k in a move similar to its rise to the 380-420 range. This is a long shot, especially since I'm pointing to a target in 2021-2022. This will obviously need adjusting as time goes on and circumstances change. Not financial/trading advice. Entertainment and opinion only.
BITFINEX:LTCUSD
by jbutler7
LTC short-term expiry on lowest hanging branch breakout priceShort term BTC price stability may present an opportunity for LTC to break out. Presented here is a breakout price projected from recent and historical trends, according to a recent price surge, and a 'feeling' for its momentum. LTC may still rise whatever the prediction, but short-term, the intersecting price is considered a window to returning to 'complete the handle' vectors, shown here in dotted blue, with price label attached at the terminus of multiple trend and connective predictors. This chart, as always, is for entertainment purposes only. ;) Happy trading.
by latticephreak
Bitcoin Big PictureHey everyone, i have used the daily chart to create a big picture analysis of BTC's price action since 2018. The indicators and tools i use in this analysis are: stochastic (55,5,3), fibonacci retracement (blue dotted), fibonacci extension (pink dotted), support levels (green), resistance levels (red). The stochastic nicely coincides with the major bounces and reversals of BTC's price action. Of course not all the moves are fully captured using the stochastic, but i think it is rather accurate still in capturing majority of the key moves since 2018. Just some thoughts on the current price action, BTC just got rejected at the 8500 strong resistance recently. My gut feeling tells me that the bottom is in at 3000. If it isn't, any price below will still be an excellent buying opportunity. I am looking for a final correction to the 5000 support now, which is a confluence of several factors horizontal swing low support, 61.8% fibonacci extension, 61.8% fibonacci retracement. Before we reach that level, we probably will tumble down the 6500 and 5800 supports first, so it will be a good trading opportunity when we reach those levels. Do note bitcoin halving will begin in may 2020, i am confident that we will be in the bull market during this period. Global economic slowdown and trade tensions between U.S-China have caused plenty of uncertainty and fall in equities and commodities prices. Institutional investors are definitely looking into the crypto space as an alternative investment, driving up the prices. If you agree and like my idea, please leave a like. Would love to hear from you too, so do leave me a comment. Thank you! :D 6500 support: horizontal overlap support, 38.2% fibonacci retracement 5800 support: horizontal overlap support, 50% fibonacci retracement 5000 support: horizontal swing low support, 61.8% fibonacci extension, 61.8% fibonacci retracement (strong support) 3000 support: horizontal swing low support, 100% fibonacci extension 8500 resistance: horizontal swing high resistance, 38.2%, 61.8%, 78.6% fibonacci retracement (strong resistance) 10000 resistance: horizontal swing high resistance, 38.2% fibonacci retracement
COINBASE:BTCUSD
by DeCryptoKnights