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LTC-BTC

LITECOIN The leading indicator for BITCOIN?I've published the very same pattern back in December 2018 when the previous Bear Market was at its lows and while everyone was panicking, called for a potential Bottom on Bitcoin and a Bull Run to follow. Why? Simply because of the Litecoin break-out relative to BTC. As you see on this very simple chart, every time the LTCBTC pair breaks its Lower Highs trend-line (blue line), Bitcoin initiates a new Bull Run. Out of the past 4 occurences, only once failed to delivered a new BTC bull run, and rightly so as it happened at the top of Bitcoin's Bull Cycle (whoever bought near 20k was responsible for their actions). Are you waiting for this break-out to take place on LTCBTC? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community!
Long
by TradingShot
19
LTCBTC Update: Profit=39800 SL=800 Reward/Risk > 16.9:1 Trade Setup summary: Profit targets=39800 pip (500 + 1000 + 1300 + 1500 + 1900 + 2600 + 3600 + 5400+ 8500 + 13500) Stop Loss =800 pip Reward/Risk > 16.9 : 1 Current Status: Total Profit: 2345 pip Closed trade(s): 284 pip Profit Open trade(s): 2061 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 0.004716 based on 'previous Forecast' at 2020.07.06 : Closed Profit: TP1 @ 0.005000 touched at 2020.07.06 with 284 pip Profit. Open Profit: Profit for one trade is 0.004945(current price) - 0.004716(open price) = 229 pip 9 trade(s) still open, therefore total profit for open trade(s) is 229 x 9 = 2061 pip Break Even 0.004716 Technical analysis: . LTCBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.004500) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP1= @ 0.005000 TP2= @ 0.005500 TP3= @ 0.005800 TP4= @ 0.006000 TP5= @ 0.006400 TP6= @ 0.007100 TP7= @ 0.008100 TP8= @ 0.009900 TP9= @ 0.013000 TP10= @ 0.018000 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
26
LTCBTC Update: Profit=39800 SL=800 Reward/Risk > 16.9:1 Trade Setup summary: Profit targets=39800 pip (500 + 1000 + 1300 + 1500 + 1900 + 2600 + 3600 + 5400+ 8500 + 13500) Stop Loss =800 pip Reward/Risk > 16.9 : 1 Current Status: Total Profit: 2345 pip Closed trade(s): 284 pip Profit Open trade(s): 2061 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 0.004716 based on 'previous Forecast' at 2020.07.06 : Closed Profit: TP1 @ 0.005000 touched at 2020.07.06 with 284 pip Profit. Open Profit: Profit for one trade is 0.004945(current price) - 0.004716(open price) = 229 pip 9 trade(s) still open, therefore total profit for open trade(s) is 229 x 9 = 2061 pip Break Even 0.004716 Technical analysis: . LTCBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.004500) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP1= @ 0.005000 TP2= @ 0.005500 TP3= @ 0.005800 TP4= @ 0.006000 TP5= @ 0.006400 TP6= @ 0.007100 TP7= @ 0.008100 TP8= @ 0.009900 TP9= @ 0.013000 TP10= @ 0.018000 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
20
$ltc lets see what happens on 3d TFlets take a look where we have seen reversals in the next few pics attached below. (edit scratched that plan no time now just marked it up) yellow lines are some of the past areas that saw reactions white circles are areas that look similar. R is retrace and reversal D is dump and failed 1 2 3 4 is the pattern Relatively 1 is a local bottom, 2 is a local high, 3 is a new low, 4 is a double top or a new high after those things happened we have a number of cases with failed setups, and reversals, and one case and straight up. maybe on a lower TF its noticeable. I dont know when ltc will moon, there is a slim chance that ltc never goes up again, or just never makes new highs on this higher TF. Those things are possible, maybe coins went to 0. High caps cannot be excused (look back to 2013 etc) Anyway, in the case it moons, I think that we will not stop at 02 ratio and we will go past it as ive said months ago. There are a few cases of alts I am looking to buy not all of which I would share, looking at dailies and weeklies around now I think is a possible move to .01 for ltc, so almost double from here, then either it will die, moon, or retrace for moon. Sorry no entry and stops, youll have to look at lower TFs. the other possibility for now is straight down while btc moons or retraces. I am hoping for an alt move to help increase btcs we have. It may not happen.
by Noobincrypt
3