Total Crypto Marketcap --- PLan Your Exit#TOTAL Crypto has already doubled from it's bear bottom, to it's most recent high.
We are almost in 2024, well into crypto summer now
time is really running out to prepare your portfolio for the inevitable Bull market euphoria phase.
I bring this chart up just to remind everyone, that this cycle has potential to be one of the worst in terms of multiple expansions we have seen so far.
We have gone from exploding 340X in one cycle.. to 33X the last cycle.
I expect this time round it will be a single digit multiplier.
We have to hope and pray we do indeed break the previous ATH , and we don't double top at 3 trillion.. of which there is no guarantee!
My realistic target is around 5 Trillion Dollars, which may sound pessimistic at only 3.5X from here ... but that means your Altcoins adding at least a Trillion dollars of value from here!
Optimistically i'm looking at around 7 trillion dollars, no mean feat!
BTC.d at 30% would equal BTC 2.1 Trillion or $110k per coin.
LTC
LTC sitting on Macro SupportLTC is at a point where it has reversed 4 times since mid 2017.
RSI is below 40.
A pump into the 90s would be a easy 50% return. Just not sure of the timeframe.
Keep an eye on this. May not be the worst buy for a small percentage of your portfolio to hold.
NFA
Do your own DD
Good Luck!
Idea of when LTC will moveIn the past, from bear market low to start of bull market breakout has taken LTC 102 weeks and 101 weeks for the last 2 cycles respectively. We can just say ~700 days from bear low it will take to get bull market breakout. As time of writing, we are currently at week 90 of 101 . Using these past time frames we can assume a breakout range for this bull market near end of May '24 . From that bull market breakout, it took LTC 37 weeks and 26 weeks to reach bull market high. Taking an average we can assume it will take ~31.5 weeks this cycle after bull market breakout to get to cycle highs. From this analysis im seeing late November '24 to late January '25 will be the range to start looking for cycle highs. Who knows what price we will be at, depends if you think we will break the double top previous highs that we have been consolidating in for the past 6 years or so, but that's beyond this analysis.
LTC will go up after the pullbackLTC will go up after the pullback
🔵Entry Zone 84.07 - 88.73
🔴SL 77.49
🟢TP1 94.88
🟢TP2 109.08
🟢TP3 131.24
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[LTCUSDT]ALWAYS BUY WHEN NO ONE IS TALKING ABOUT IT ...Hi All,
Silver has been underestimated for Years !, Now this will come an end.
Blue line is the Low-Equilibrium and the red is the high. Now at Low, heading high equilibrium.
This is start by doubling within days, in a week I will give the high but for LTC I see a quick 5 x in the next 2-3 weeks.
Trend and interest building up. which will squeeze the price- High Vol, small candles.
Always buy low sell high but ALWAYS keep an eye on it.
Cheers
MING DYNASTY 2.0I was doing a little research on the history silver. In the Ming dynasty they had an insatiable hunger for silver. Just speculating, perhaps China adopts Litecoin as its crypto "gold". Charlie Lee is Chinese as well just to add to the speculation. Asia is number one in adoption of Litecoin. What if China demands all citizens pay taxes in Litecoin like it did during ming with silver? China may only accept Litecoin as payment for global trade just like it did during Ming with silver?
Gold is only worth more than silver because its harder to mine. Silver has many more uses throughout history. Silver was the first metal to unite the world and start world trade with China.
The dollar becomes the official currency in 1785. The US had no mint to make its own currency so the first temporary currency was the Silver Spanish Peso. The word DOLLAR comes from the word thaler which comes from the German root “thal” which means valley and “thaler” indicates a person or thing from the valley. Thalers were silver coins and they were named Thalers because of a silver rich valley the silver was mined from.
I like to speculate quite a bit so this may be just a bogus idea but its worth keeping in the back of my mind. Also I have written proof if this does happen right here and Im the next Nostradamus hahah, just kidding. Anyways I thought the Litecoin fam would enjoy this little tidbit.
SHIBA! Continuation; Bulls vs BearsThe gloves are coming off.
SHIBA is now attempting to hold off sellers, as the bulls have been showing that their buying power is to much while soaking up demand.
IF SHIBA can successfully hold and confirm support above these levels, SHIBA is a MUST buy with crazy potential.
PLEASE, I ask. Do not put in a trade while we are in this spot. Be patient and WAIT for this to play out, as we know EXACTLY what SHIBA does above these levels once it CONFIRMS itself above these levels.
Its all up to the market makers and how strong buyers are here. Be patient!
GO LONG BOYS!!!!Bitcoin is about to RIP to numbers no one would ever believe. Its also going to do it so fast that most wont be able to get in. I predict that within the next month or so we will daily candles of 10k+ maybe higher.
If you're on the sidelines still waiting for a dump then just stay there, keep waiting, and listening to the echo chamber of a big dump incoming. Fools.
This is just my opinion not financial advice.
LITECOIN making the Cyclical Bullish breakout you MUST NOT MISS!Litecoin (LTCUSD) has managed to make a Triple Bullish Break-out as not only did it break above the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line), both of which have been Resistances since August 2023 but also above the Lower Highs trend-line that started at the May 10 20221 top of the previous Cycle.
This constitutes a Cyclical Bullish break-out because as you can see, every time LTC broke above the Lower Highs trend-line in the past 2 Cycles, it confirmed the official start of the parabolic rally to a new All Time High (ATH).
Our target is $450, which is just below the ATH Higher Highs, a level that has been hit on both previous Cycles. If broken, LTC can even reach as high as $700 or even $1000 (1.382 Fibonacci extension) but those are overstretched technical levels that would require extremely positive fundamentals.
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LTC/USDT 1DInterval Chart ReviewI invite you to review the LTC chart on a one-day interval. Let's start by defining the upward trend channel with the yellow lines, from which the price broke out at the bottom, but here we did not see a dynamic correction, only a movement under the lower edge of the channel.
Let's start by marking support points for the price and we can see that first of all we have strong support which currently holds the price at $69, but if the price drops lower, we have another strong support at $56, and then we can see that the price has more room for a drop to around $40, which is unlikely.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that currently the price has been rejected by the resistance at the level of $76, then we can see a strong move to around $98, and then we can see the resistance at the level of $114, which previously effectively rejected the upward movement.
On the RSI indicator, we can determine the downward trend line from which we moved upwards from the moesijce to a potential upward movement, while on the STOCH indicator, the upward movement ended with a dynamic recovery, which again gives room for growth.
LITECOIN ON THIS DAY 7 YEARS AGO WENT STRAIGHT UP FOR 14000%The chart speaks for itself. This is the beginning of the massive parabolic rally for Litecoin. There is going to be massive swings on the way up so be prepared for that as people take profits thinking they know where the top is. Psychological numbers like $500, $1000, $2000 etc those may be stall points and drops but it'll quickly rebound. Once all the Bitcoin is bought up what do you think these big players are going to buy? You think they will buy all these unregistered securites or will they buy the crypto that has the green light by regulators? I think the answer here is simple. This next cycle will last longer and this target of around 10k could actually be just the first stop before going higher, I dont know. Once Litecoin enters price discovery, there is no telling where the top is. Im assuming around 10k unless it gets as much adoption as Bitcoin or close to then the price could be closer to $50k.
Call me crazy I dont care, I dont care about your market cap nonsense, or Litecoin is useless or dead, or whatever. Go elsewhere this is not the place for you. We are way ahead of your little mind, we know what is about to happen and we'll see you at the top. Bring a washcloth to clean your face
A risky entryLitecoin DES currency is placed in a symmetrical triangle, so the exit from each side allows the possibility of 20% growth or fall for this currency.
There is a possibility of growth for this currency in the time of 4 hours because it is now in an important support range and we can have a long position with good risk and reward as mentioned in this video.
We also identified two other important support ranges for this currency, which we can consider as entry steps for the said signal.
On the other hand, we also determined important resistance ranges for this currency
LTC/USDT 1HInterval ReviewI invite you to review the LTC pair to USDT chart. In this situation, we will start by defining the downtrend channel using the blue lines.
Going further, looking at the current price decline, we can determine a strong support zone from $67.55 to $66.41, which is also at the lower border of the channel.
Looking the other way, there is resistance at $68.76, then the price rebounded from the resistance at $69.64, and then significant resistance at $71, at the upper limit of the downtrend channel.
On the RSI indicator, you can determine the downward trend line under which it is moving, with dynamic price movements down, while on the STOCH indicator there is still some room for another rebound.
LTCBTC Potential ReversalLitecoin has maintained a persistent downward trend against Bitcoin, but today's observation brings a potential turning point into focus. A discernible rebound has occurred, precisely off the 441.4% Fibonacci support level, hinting at the potential conclusion of the decline.
To solidify this potential reversal, it's imperative to monitor the daily close, ensuring it remains above the 0.001341 support. Should this condition be met, LTCBTC could be preparing for an upward surge toward the 61.8% Fibonacci resistance. Notably, this level aligns with a previously established supply/demand zone, adding an extra layer of significance to the potential reversal scenario.
BINANCE:LTCUSDT | +500% Profit potential in the bull run On 1W chart LTC is consolidating in the support zone and this consolidation is good for the next trend of the LTC in the bull market.
This is a good place to buy some LTC and hold for the long period and sell it during the upcoming bull run
Allocate only small portion of your overall investment portfolio for this. Preferrably less than 0.5%
Regards,
VectorAlgo
LTC/USDT ascending channel bullish breakout? 🚀Litecoin💎 Yello, Ladies and Gentlemen prepare for a thrilling opportunity with #LTCUSDT, as it's currently navigating through an ascending channel, hinting at a potential bullish leap.
💎 Upon examining #LITECOIN, we've noticed its consistent trajectory within an ascending channel over the past few days. Presently, with its strong upward momentum, should it break above the channel and maintain this thrust, there's a high chance it will aim for the daily resistance level above.
💎 Ready to seize every chance? Stay vigilant for any slip below the channel with $LTC. In such an event, adopting a calm and strategic stance for a bullish rebound from the lower demand zone at $68.84 becomes our play, buoyed by the substantial liquidity present there. And if it dips below that? It’s time to brace for a potential drop and adjust our strategy accordingly.
Litecoin, Major Up-Trend-Channel Broken, Testing Higher Levels!Hello, Traders Investors And Community and welcome to this analysis about the price-structure we are facing in Litecoin at the moment, there are some heavily significant signs which I detected in the chart, we saw high volatility the last time catapulting Litecoin more than 18 % to the downside in just one day after Litecoin formed a fake bull-flag. This shows one more time that the cryptocurrency market is highly volatile and therefore this volatility shouldn't be underestimated. I also made an analysis of Litecoin with a more middle-to-long-term perspective which I recommend you to see when going at my account and look at the analysis regarding this to have a full overview of the price-action we are looking at. This is an analysis of the locally 4-hour time-frame so let's go.
When looking at my chart you can see that Litecoin held a major uptrend-channel with its belonging up-trend, there were however several signs that the reversal was possible as I already mentioned in the previous analysis. Litecoin where one cryptocurrency with a relatively weak uptrend compared to bitcoin and ethereum and therefore it was in the possible spectrum that we got the bearish move to the downside we faced now. As you can see also in the chart Litecoin traded in a fake or false bull-flag, this is a formation which is suspected to be a bullish breakout pattern but actually breaks to the downside, there is however not a big percentage of probability that it turns out to be a fake one but in this current case, it happened.
In the next hours and days, we can anticipate that litecoin will test its remaining higher levels in the structure as the market is slightly oversold in the short-term basis and probably confirming the fake bull-flag you can see in the chart. Presently we can contemplate that litecoin has overall more potential to the downside as we saw these important bearish move indicating the further bearish continuation. The fact that we had this major high volume and bearish volatility is more bearish than bullish and it was not seen in the overall weak uptrend before. Therefore the likelihood is high that we will continue after litecoin tested the higher resistance areas.
The situation right now is a situation where litecoin has a high possibility to form the setup for the next leg down, this is currently the most likely scenario and has to keep in mind but that does not mean litecoin will continue bearish till it gets to zero like many people predicting now and that the bullish phase is over there are still some support levels at the way and therefore we will see if we can stabilize there and how the further possibilities will play out. Many people calling for the complete bottom now, this is a mere speculative tendency and we should keep a cool and rational head to assess the market as best, therefore, we need to see if the bearish signals increase or if we can stabilize on the way down and don't fall for the mere speculative tendency we see so many times these days.
Thanks for watching, support for more market insight and all the best!
The market-conditions are often the real source of truth.
In this manner: FAREWELL
Information provided is only educational and should not be used to take action in the markets.