Litecoin Coming Back to the Trend Line for New Entry PointLitecoin is one of the most consistent pattern followers. It goes up about 100% and then pulls back to the trend line.
We could see it meet the trend line over the next 7-10 days between $270-$300.
Once it hits that trend line, it's a great time to buy and ride that next 2 week wave up to the 100% gain and then sell while you wait for the next one.
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DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
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LTC
MORNING #TRADERS 11:15 bst/gmt/utc May 10th 2021 #cryptorun down with Balla Ji
#btc #bitcoin
#eth new ATH #ethbtc
#link
#ada
#dot
#hex
#xlm
#yfi
The Marriage Between Litecoin (LTC) and Dogecoin (DOGE)Everyone is talking about dogecoin these days, but a lot of people don't know that DOGE, for a very long time, have been running in parallel with LTC. Back in 2014, Charlie Lee of the Litecoin Foundation and the DOGE community made an agreement to dual-mine in order to help the two projects support each other during its initial phases. And it worked. Big time, in fact.
Litecoin is known for its non-flashiness (they don't really do much media PR so not many people know about them), preferring to stick to the nuts and bolts of making the system work. Dogecoin, on the other hand, is...well, Dogecoin. But the collaboration between the two opposites are what made it work, I would argue.
MORE LTC IDEASGood Morning! Looking at LTCBTC, day and 4hr charts, showing great buy opportunities for some spot trades. Litecoin is about to blow up, and it's other currency pairs are following suit. Moving averages and retrace show we are ready at anytime to make upward moves. Maybe $600 range?!
By hiding the price and just looking at the moving averages on the day and 4hr, you can see a better representation of where price is trending and headed.
Thanks for the views, and likes, and follows!!
Remember, don't chase, retrace!
Happy Trading!
Litcoin (LTC) • Looking good for more upsideLitcoin can paradoxically be a proxy for how much Bitcoin can also run in the next leg up.
To be honest LTC is currently looking better than Bitcoin but both are overall bullish as far as the monthly trend structure doesn't get invalidated. Watch the video for the details.
Cheers 🍻