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LTC-BTC

LTC - Laggard play, Has not reached its previous ATHA trading strategy of mine is the "laggard" play. when a stock in 1 sector does well, the rest do well in that sector. So, BTC and ETH have gone past their all time highs. LTC is the laggard waiting to hit all time highs. The Feb 19th 2018 high is $250, so I think that is next target or LTC. ALT coins had a major run and a pull back is likely. I like DASH coin as well, the halving is in 50 days. I just own LTC and XRP for now, Happy Trading!
COINBASE:LTCUSDLong
by hockeysniper
Litecoin: The Party Starts at $145When market conditions are bullish across one asset class, it's natural for certain assets in that class to outperform others. If the semiconductor class was doing well, you wouldn't expect NVIDIA to be up exactly the same percentage gain as INTEL. When one outperforms the other, the market usually tends to find value in the under performer with the logic being obvious; if there's gold here, there must be gold 5 feet away. Such may be the case for Litecoin in the medium term. Pay attention to under performers. BTC hit 2x its previous all time high, while LTC barely achieved half of its respective all time high. There is no obvious reason why; considering the close relationship between the pair. When the market has turned a blind eye, it's time to create what will be the FOMO train. Only, you're the first on board. First, LTC needs weekly candle close above its major resistance of ~145 US Dollars. This does depend on Bitcoin's performance, but considering Litecoin's market cap in comparison, we may see much larger percentage gains for Litecoin. The reward/risk is speaking for itself. If you can luckily manage to buy sub $100 LTC, do so. Until then, I think there is still value at these levels while the market is sleeping.
COINBASE:LTCUSDLong
by massimoanile
1
Litecoin to catch-up with Bitcoin's riseLitecoin vs Bitcoin has followed a pitchfork pattern nicely. Just as Bitcoin Litecoin has not been premined. From day one anyone could download the software from Github, install it and mine Litecoin. Whereas Ethereum was premined to the tune of 70 mln ETH by Vitalik and his cofounders. The incoming SEC chair Gary Gensler stated repeatedly that Ethereum was premined. If the SEC goes after Ripple for premining XRP they must go after Ethereum as well. Furthermore CME starts trading ETH futures on Feb 8th 2021. Market makers on CME have built-up their positions on ETH and are ready to sell. Remember what happend when the CME started trading Bitcoin back in Dec 2017 ? Bitcoin crashed. I expect the SEC to go after Ethereum and if not, Ripple will use this comparison in its defense leaving the SEC no choice. The law must equally apply to all. Hence I expect people to rotate into legal crypto coins of which Bitcoin and Litecoin are the purest and cleanest. Also Litecoin has some of the widest community spread and community mining. Is listed on most exchanges worldwide and constantly has a top 5 to top 3 volume & liquidity. Grayscale just filed to list a few more coins potentially wrapped into a trust. One of the coins was privacy coin Monero. Litecoin has built-in MimbleWimble which can be activated at any time offering optional privacy and fungability which even Bitcoin lacks > Caitling Long who stamped out Wyoming's new crypto laws has recently explained in an interview the importance of fungability to protect from rogue liens.
Long
by bmw_b
Not looking great for LTCUSD right nowWith the failure to make any recent higher highs after that failure to stay above $165 and the we have pierced through this current demand at $120, make me cautious on seeing anything above $140 short term. If we were to continue up to that $140 zone, that's where i'd be closing my positions and waiting to see what the TA and reaction at that point tells me. I think the likelihood of seeing $110 LTC in the near term is a real possibility and am I playing entries layered down to $90... you know I am.
by Unity-Trading-Group
💡Don't miss the great buy opportunity in LTCBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.004100). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Litecoin/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. Take Profits: TP1= @ 0.004400 TP2= @ 0.004560 TP3= @ 0.004820 TP4= @ 0.005060 TP5= @ 0.005610 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
27