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LTC-BTC

LTC Breakout retest then go ?Crazy action right now, we broke the wedge pattern drawn from our daily chart and price promptly returned to former resistance and it looks like now support. We can see the uptrend lines starting to distinguish themselves so if they break that might be a good time to take profits. Wait until the candles actually print though before panicking. Right now, the uptrend remains intact. However, BTC looks scary and I don't know how the market is going to respond if there is more profit taking there. I think we're good but monitor the uptrend on the indicators and price and be ready to take profits if they break. On the positive side DI+ is looking good and the ADX is just waiting for price to breakout to start going. Good luck.
BITFINEX:LTCUSDLong
by jamiecassels
1
LTCBTC LONG looking real nice right about now.Patience is paying off as it looks like the big move is still coming, all the while we have been creeping up. Looking at this 4HR intraday chart we can see RSI broke out of its little wedge a few days ago, while it looks like DI+ is finally breaking out alongside a rising ADX trendline so it hopefully the trend starts to pick up. On the flipside, charts of BTC look kinda scary right now. I'm looking at a 1HR intraday BTCUSD chart and the price is bouncing between the lower BB and the 20SMA which usually means a freefall is about happen. I put a horizontal line where our lofty first target is, although I think we will be moving much higher it never hurts to take some profits and be ready to buy back. Or hold for higher because I think we caught a good swing low. I think we're in good position for the next move, good luck.
Long
by jamiecassels
Liftoff Eminent for LTCWe've pretty much touched both upper and lower boundaries of our price wedge today and we will be breaking out shortly. Given the atmosphere of crypto in general I can't see us breaking down at this time because LTC is so out of favor already but I've been wrong before and it will happen again. I think the most interesting thing about this chart is that the DI+ set it's high in March, and while price continued up, it declined. I think it looks like flagging action, as ADX and DI+ both sit below 20 the breakout could start a powerful new uptrend. What I really like though is that nice stochastic crossover we are getting right now. It's not really low enough to facilitate the requirements of stochastic buy program, but coupled with bouncing off the RSI uptrend I think we are at a nice bottom right now. If I'm wrong, I believe we will see flagging on the bottom trend line which will be my signal to sell. Of course, if price or RSI break their uptrend I'm gone as well but will continue to look for spots to buy as opposed to sell here.
BITFINEX:LTCUSDLong
by jamiecassels
4
LTC Channel - possible inverse relationship with BTC4 hours Chart Currently in Channel would suggest a break above the thick red line level (around 43 Mark) may form a strong breakout My reasons 1. Break out of both resistance line and trend line 2. RSI and Stoch directions up 3. Strong inverse relationship to BTC the last 2 days 4. Fundamentally, one of the most discussed long ideas on trading view the last one week target would be around the 48 Please do your own research
Long
by dr.ehabaziz
Too low to Sell Litecoin, Buying the DipsContinuing to follow the patten in my last view, which is holding up nicely: I'm looking at a bounce back down from 40-43 area to 34 before we either go green or purple. Either way, I'm buying the dips. I've found that I'm more stressed when I'm holding fewer Litecoin (even when my total cash value is higher). I'm down over the last week but happy about it because I'm holding a lot more LTC than I was a week ago. It's a great time to buy LTC all the way down* *I'm not a financial advisor or professional trader or trading advisor/fund manager. Trade at your own risk. Also, live long and #hodl strong.
COINBASE:LTCUSDLong
by atomantic
2
Litecoin / Bitcoin Long LTC BTCSAME REASONS EXACTLY AS MY DASH BTC IDEA. PLEASE CHECK IT OUT. :) i fricken ran out of character spaces when making that Dash Idea. But I really want people to work and check out this leveraged option for trading these cryptos, only waiting for the most obvious signs with higher timeframe confirmations, and maybe most importantly, the way the 10 ema reversal works, Read my post, and keep an eye on it for yourself. I think we're on to something that only the big players in the world know about. Just waiting for that 4h reversal candle for the leveraged confirmation. Love you all, I just want people to grow and dominate this game with, No strings attached. Hmu. Exciting times guys, happy trading. :)
Long
by Boltar2448
3
LTC: CORE MELT INITIATEDFor the longest time only until recently, scientists believed the surface of the sun was the hottest thing in the solar system and it was from this Sun where the earth received most of its heat. New discoveries however due to incredible technological advancements and testing have proven that the earths core holds temperatures which rival the surface of the sun. Interestingly, this discovery has coincided with a kind of global awakening. Hitherto, man-kinds process of power has been an external exploration. Our fuels have mirrored the suns explosive qualities e.g. all forms of combustion used today are outwardly explosive in nature ie. We blow shit up or burn stuff for fuel, basically. But humans are going through a revolution. The external fuels are running out and we are experiencing the limitations of this external form of combustion. As we reach these limits, we are being forced to turn inward and seek alternative means of power. For example, many new homes are turning to thermal powered heating, drawing on the earths seemingly unlimited power from deep below. See the thing about the Sun is it is very far away. The further something is away, you could say, the more elite it is. It's just sitting there, thinking the whole world just spins around it, and I guess it does. But you know it's very hard for us to really do anything with that sun. We can put out some solar panels and try and capture some of its radiation, but it's a kind of weak victim-like way of sourcing energy, isn't it? Meanwhile right below our feet there is this source of power, something we can literally feel with our feet.. you know like it has that underground feeling, like the original crypto vibe that was around in the early days before all these muppets got their 2 mins of fame and decided to use the sun for their own egocentric agendas. Now just like it's always been, they tell us what Bitcoin is for. It's a store of value. It's a gold replacement. Right? Well, yeah, Bitcoin isn't going anywhere - but it's not everything - and for the first time in crypto history many dedicated hodlers have started seriously diversifying their portfolio to hedge against Bitcoin. Bitcoin transaction fees are higher than what 99% percent of the avg. slum dogs total transactions are even worth. Now if you are in the 1% of people who can afford bitcoin - kudos to you. And there's some trillions of dollars of potential investment that can come from Silver and Gold holders, sure. Can't argue with that. But Bitcoin as a micro payments? Isn't going to happen. I think it's safe to say Bitcoin has now made the phenomenal leap to being known worldwide as a serious investment. That level is now unlocked. Sealed. Nailed it. Aren't you such a smart little genius for being in early. Next step of growth however is micro payments. Making payments affordable and so easy that the masses can use. Agility is the key here. Years of debates is not what is needed. Swift shifts. Focused, clear and strong decisions like what we have seen from Charlie Lee and the LTC community. But forget about what Charlie is doing - what are you doing? How many purchases did you make today and asked the seller if you could pay with Litecoin? How many lambo dealers did you make an offer, but only if they accept the Lite? How many web cam girls did ask for a private show and tip with the Chikun? Hmm?? Stop waiting for the Chikun to rise, and rise for the Chikun.
Long
by hanzeholdinworth
101
LTC Short Term - 0.01175 Area of resistance to be broken.Just taking a quick look at this after the double bottom seemed to hold from my last idea. With the BTC weekend churn dying down, it looks like we might be ready to go up again. As can be seen from the fibs, and as I've seen in other chart studies on other platforms, this area looks like a good point to break up. Short term targets at the .5(.012235) and .618 fibs(.012764). Trading has been relatively quiet on this pair with increasing volume indicating increasing volatility to come. Barring no major surprises on BTC, it might be time for LTC to accumulate value. LTCUSD also looking healthy for a strike at 30USD. Also, looking at the CM oscillators, it looks as if we're building momentum upwards. As most of you will know, oscillators can be misleading, so in this case we can pay less heed to the CM_Stoch osc on the bottom and wait for a double sell signal on both osc...but even then, this should only be used as a warning of a sell area approaching. Good luck as always.
Long
by Rotox
ETHEREUM 4Hr: Kelt and LevelsI've been very Bullish on ETH since Bitcoin was trading around $600 7 weeks back. Called $2k eoy seems that hit sooner than I thought. ETH on the other hand was trading $8-$12 range now $139 ATH. I called this going to $300 Eoy might eat my words but I'm quite ok with that. :) I'm using 4hr chart with Keltner Channels as I use this strategy trading stocks and has given nothing but amazing results. BTC every ATH break you'll notice ETH will pull back lightly then rip $10-$30 which happened again. LTC gets weaker the higher BTC moves. Still learning the pattern there. ETH I see $150 happening overnight. But short term next 10 days $160-$170. Around $150 I want to take profits an ride the rest to $300. What gets me is it'll become aggressive and head to $1k by next May 2018. So to hold all or add pullbacks is not out the question.
COINBASE:ETHUSDLong
by TheTradingNinja
13
LTC and BTC: Comparing performance and weekly swings since 2015In this chart I examine the price action in both $BTC and $LTC, in the weekly timeframe, since the crypto world bottomed in 2015. It is remarkably interesting how during all this time, $LTC seemed to be in hibernation, frequently underperforming BTC, in both rallies and corrections, making the LTCBTC ratio decrease spectacularly ever since. That is, until the scaling debate started in the $BTC camp, and Charlie Lee and his team were smart enough to incorporate the Segwit upgrade that the Core $BTC developer team had been working on, and looking to implement, before they got to reach concensus and do it. This changed the action drastically, and not only $LTC but also $ETH and other coins have been increasing their activity, and value over time. The situation makes it so that $LTC can act as a testbed for new $BTC upgrades, and also, due to its network size, and market capitalization, remain a relevant player in this space. My asessment is that we should construct a portfolio of cryptocurrencies, if we want to make a very attractive profit this year, I have been trading these coins actively all year, but I think we now have a new opportunity, specially if $BTC does form a correction in the short term. Keep an eye out for a buy opportunity in both $BTC and $LTC. Japan's acceptance of cryptocurrencies can start a significant revolution in this space and I think this variable is not yet priced in accordingly. I don't think the ETF can be approved by the SEC, in the case of $BTC, or at least not yet, but if it were to happen it would ignite a furious rally in all these currencies I favor. Good luck, Ivan Labrie. Disclaimer: I hold no $BTC or $LTC currently, and hold positions in $ETH, $XRP, $ZEC, $PPY and $DASH. I reccomend to hold coins in a secure hardware wallet device, like the Trezor, or others.
LLong
by IvanLabrie
20