LTC/BTCHi,
We will look at LTO / BTC. As you can see, after exiting the downtrend line, the price slightly moved up. Looking at the 1D interval, you can see that the price has been retested near the support zone (0.00000423-0.00000400) btc. The first resistance line is at 0.00000581btc where the price slowed.
Looking at the current low and high we can see that a breakthrough of the last high at 0.00000612btc may turn the trend into an uptrend.
More details on the chart :)
LTCBTC
LTC is ready to move upLTC chart is in accumulating phase as a preparation for next move, check the area between lines that is the phase LTC needs before the break out, We might see LTC above that area and moving up.
LTC is building a momentous move This is a monthly chart for Litecoin vs Bitcoin. The next few months could be very interesting for Litecoin as very strong coin also heading into 2023. The chart shows that LTC is at it's previous lows against BTC.
The ADX & DI is also showing momentum is being built and also has some bullish divergence happening at the moment as well.
*Disclaimer*
Not financial advice. Also this is a long term hold inpatients has no room here.
LTCNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
BACK TO MY ORIGINAL GAMEPLAN. MONSTER MOVE COMING FOR LITECOIN!If you've been a follower for long then you know the story of my username, and my plan to make it all back at the time.
Well, it's time to revisit that plan.
Looking at the chart above, current Price action is signalling for a confirmation of a First-Wave Extension.
First-Wave Extension is and impulse move consisting of 5 impulse waves, 3 to the upside (1, 3 & 5) and 2 corrective waves (2 & 4), of which wave 1 is always the longest, and wave 5 the shortest. Wave 3 cannot be the shortest no matter the extension.
Now, as we see from the bottom back in early 2015, price rallied up to new ath's totalling a 83,700% increase in growth before finding support at the 0.382 fib region (This is the first step of a first-wave extension).
Forming a channel in the process after two price touch points at resistance, a second touch at support was made on the 2nd retest of the .382 fib region.
Should this be indeed a first-wave extension, we would have our wave 3 target at just under the 1.618 fib resistance hence, 1.382-1.5 fib resistance should be a good measure of where price would get rejected and aligns perfectly with our channel and fractal(well almost for the fractal)
Should Bitcoin have found it's bottom as explained in my recent analysis (link below) then this should be the bottom as well for litecoin, or we risk testing the horizontal support (orange) once more and a possible wick down to the .618 area($74)
If you agree with this idea, pls leave a like and your thoughts in the comments section.
As always, feedback is appreciated.
LTC - the next doge?Litecoin looks to be in heavy accumulation, expecting one more shake out (savage one) - and then a pump of the ages like DOGE.
So long - but expecting liquidity grab first.
LTC/BTC 4HOUR UPDATEWelcome to this quick LTC/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- LTC/BTC Triangle pattern create to buy the dip and retest green zone
Entry:- buy green zone
Traget:- 20% to 25%
Stop loss:- 21MA Yellow line downside candle close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
lTCBTC / This is a crazy target !!!This is probably the strongest trend in cryptocurrency! (FUN)
It looks like a bomb!!!
You see two large triangles in the chart! But the larger triangle looks imaginary
If this resistance is broken, The realistic target can be 0.025540
TP1: 0.025540
NFA
LINKBTC LINK POISED FOR BREAKOUT RUNLink has been showing strength lately. Positive price action so i thought id take a look.
Link showing lovely structure here.
Has turned a resistance in to a support which is also bullish. Now is just needs to hold above the 100MA.
If all goes well we will see Link gain much value to BTC.
What are your thoughts?
LTCBTC LONGLet the games begin Ladies & Gentlemen....
LTC finally breaking out of a massive descending wedge its been in since May. Lets hope this one holds.
If Litecoin Will Outperform BTC, Will BCH Outperform LTC?I noticed a lot of twitter talk on the LTCBTC ratio chart about to breakout. A very nice looking chart pattern. My question is if LTC is about to outperform BTC, why not BCH outperform LTC? It seems to be forming a similar pattern to LTCBTC. They are both highly correlated cryptocurrencies as well. Both LTC and BCH seem to have fundamental catalysts that could push them higher. Mimble wimble upgrade for LTC, and the SmartBCH sidechain for BCH. Will be interesting to watch how it plays out. Please comment. Thanks!
Litecoin LTCBTC - 2022 Year of Litecoin! + Falling wedge- We have a huge falling wedge - reversal pattern on the weekly timeframe.
- Looks like LTC can finally pump in the near future and 2022 can be a great year for litecoin again (make litecoin great again).
- If you take a look at RSI indicator, we can spot a bullish divergence.
- Profit target is 0.618 FIB retracement.
#LTC had a washout Responsibly long via the triple bull #LTCBULLSEntiment was in the dumps.
Scan the top 100 coins
notice how few coins you can actually use as a "currency" on chain
none that have the history and uptime as #Litecoin
Great risk reward on the #LTCBTC
If a new financial peer to peer economy is evolve, surely Litecoin will reclaim some of it's shine out of necessity in the coming years.
It is not time to LTC PUMP?Hello dear, this is my new analysis about Litecoin and alts
you can check my old analysis...
LTCUSD: Why should we love Litecoin too? 😃 Hello my friends!
Why is Litecoin a good addition to Bitcoin? Litecoin has Lightning for instant transfer and Atomic Swaps for cross-blockchain trading. Litecoin is a pure cryptocurrency like Bitcoin. It was created based on the Bitcoin protocol. It has a low block time and low transaction fees. Litecoin is one of the most widely accepted cryptocurrencies, because of its speed and cost-effectiveness. 100% uptime. Around 67 million LTC have already been mined. The maximum is 84 million (year 2140).
It is interesting to see how the Litecoin price behaves before and after halving.
That's why I've included Litecoin's halvings in the chart. Of course, Litecoin is also dependent on Bitcoin dominance, but it always seems to behave like a cup with a handle. The halving is in nearthe middle in terms of time. It is also interesting that a first upward movement ends at 1,618 to then reach the halving top in the area 3,618/4,618. Accordingly, the halving top this time could be at around 2,500 USD, but at least at 1,000 USD imo.
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Let's see what happens.
Happy trading. :-)
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ltc looking good to accumalatethis could be the year ltc explodes
when ltc goes it will go big
adding to my bags down here
great risk reward
Litecoin Bullish mode active.?#LTC/BTC Chart Update:-
#LTC trading at 3200 Satoshi
3000 Satoshi is Strong weekly support.
I am buying some LTC here.
LTCBTC still not pumped hard in this Altcoins sessions.
I am expecting big Relly in LtC soon.
Entry:- 3000-3200 Satoshi
Targets:- 5400/8000/15k/23k Satoshi
Stop Loss:- 2800 Satoshi
If hold 3000 Satoshi area then Ready to 5x-7x Profit.
Support:- 3000 Satoshi
Year of litecoin: MOONTIMEName a better looking chart than this one.
Litecoin is squeezed between its bottom (.002875) and the 4 years downtrend.
Breaking this downtrend would likely mean visiting the Fibonacci levels which perfectly match r/s lines.
Oh, and theres a bullish divergence of 20 months in play.
LTC 1000 % gains easilyLTC may be the first mover when it comes to old school coins .
We expect LTC to hit 1400 usd in Q3 or Q4 2022.
This coin has solid fundamentals (PayPal adoption, traded on all major exchanges, Revolut etc. )
It will go parabolic soon , however we expect the price to drop into our buy zone.
Entry and target zone like in the chart
Check our other analysis for large caps:
BCH:
XRP:
XLM:
EOS:
No financial advice
Feel free to drop a comment
Is it litecoins turn ?This is a bad looking chart until it’s not.. litecoin moves in parabolic advances every few months and considering the market conditions it’s hard for me to believe this time is different..
I’m betting some here
3 separate TPs
4-Year old resistance line may break!LTC has been sinking under the weight of a resistance line that goes back to February 2018--It's also been in a massive Falling Wedge. Breaking this resistance would undoubtedly draw a lot of attention. LTC is a coin we don't hear much about. Many see it as the "little irrelevant brother" to BTC. That may be, but the current state of the charts makes me at least interested in following how this plays out in the coming weeks. It feels worth it to me to enter a small LTC position here. This could pay dividends quickly as it could spike up about 15% (even without breaking resistance).
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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