LTC/USD - Little brother of BTC makes an entrance! $400 soon!Litecoin has been consolidating since May, and the price started to increase slowly from July. However, in the past two days, LTC had a major breakthrough and started to increase. It surged by around 20% in 24 hours. It also set a 6-month high.
Litecoin also broke above the $236 resistance and turned it into support. The next major resistance can be measured at around $370, which would definitely take sustained momentum from the bulls to get there.
The bias is bullish. This is supported by the price action, volatility, and indicators. Remember, volatility can go in both ways during a bullish market, so be on guard.
It’s very interesting to see if the bulls will be able to sustain the momentum all the way up to $370 and, potentially, how the price will behave if it gets there. Until then, it seems reasonable to expect to see the price above the support at $236, which should hold – in case of a correction.
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LTCBTC
LTC when show it shining soonthe ones that still not break the BTC.
let's go!
Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.
Rank #10
Coin
On 399,660 watchlists
Litecoin Price (LTC)
$254.93
1.44%
0.004652 BTC1.17%
0.09458 ETH3.95%
LITECOIN ( LTCUSDT ) Ready to $2000 ( 800% ) from here ...?
#LTC/USDT Exclusive Update:-
$LTC currently trading at $218
And Our entry also filled at $129
Already did 90% from Last Spot Entry.
Now..?
Re Entry:- $200-$220
Now currently broke out $186 resistance and Trading above Resistance.
So I am expecting Targets are:-
TP1:- $372
TP2:- $917
TP3:- $2000
Stop Loss:- Will update
Support:- $186/$140
Resistance:- $372
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Litecoin RallyLTC is at a very important pivot point , closing a daily above this level (orange line) could trigger a massive move to about 260. At around 260 we come up to the 8/1 Gann which is going to bring some sort of volatility.
Check out my last TA on LTC where I go over the LTC/BTC dominance.
Litecoin LTCUSD - 5000% gains + Road to 10 000 USD + Triangle- Litecoin - LTC - Rank #17 - Coin
- If we take a look at the chart, we can definitely spot an ascending triangle.
- We have very important double top resistance right at the ALL TIME HIGH level.
- Litecoin is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment. (Paypal, ATM machines etc..)
- RSI is prepared for a next pump!
- 1:1 FIB extension = 1750 USD Profit target.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
LTC bullish but can it outperform BTCThe weekly price action of the LTCUSD pair is clearly on the rise above the low boundary (blue) of the pitchfork. There is plenty of upside potential, all the way to the all time dynamic resistance ceiling formed by the higher highs trendline. But that is only potential. Let us see how LTC is doing against BTC.
The weekly LTCBTC pair on the same time horizon looks completely different. One can only conclude that BTC has outperforming LTC for long now, ever since early 2018. In fact the price just recently made ATL in terms of BTC, and started rising from there. The chart is clearly bullish most likely for the coming weeks/months. The upper boundary (blue) of the downward pitchfork channel is creating a strong resistance for the price action, when ever it reaches it. The boundary is around 0.007 at the first months of 2022. For me that would be a target to observe the price action carefully and if necessary to take profit from LTC. The price of LTC could well be above 1000 USD by then.
Take care and trade with caution.
Cheers, Whoop
Trade of the Decade | MAX GAINSAfter months and years . Here comes the best opportunity for the LTCBTC trade.
Technical:
1. We got Monthly Swing Pattern Failure.
2. We making Diamond on the daily
3. We got Uncertain weekly candle.
Fundamental:
1. $ LTC MWEB code is under review and it should boost LTC speculation.
2. LTC being one of the oldest coin with history that is accepted at trustable platforms. This still due a cycle.
I already entered at 0.003000 and I am planning to hold it till I see strong reversal signs.
#DYOR
~CHEERS
LTC broke out from falling wedge#LTCBTC
#LTC broke out from falling wedge pattern, and confirmed the broken resistance as support. it is possible that price fall more to 2145sats where 2 descending supports meet.
a break out from descending resistance will head up price to resistance around 8680sats. target will be around 16000sats.
LTC/BTC TRADE SETUP! READY TO BREAKOUT!Hello everyone, if you like the idea, do not forget to support with a like and follow.
LTC looks very promising here. LTC is in the accumulation zone for many days. Currently, sitting at the bottom and ready to break out. When it breaks out, it will fly. So I'm buying some here and adding more in the dips.
Entry range:- 0.0029-0.0032 sats
Target1:- 0.004 sats
Target2:- 0.0046 sats
Target3:- 0.0054 sats
Target4:- 0.0062 sats
Target5:- 0.0070 sats
SL:- 0.0027 sats
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Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
UPDATE - Looks like LTC is trying to break out...I'll need more volume and upward momentum to be convinced of a full-on trend change but from my last post it looks like LTC is trying to break out of what appears to be a diamond bottom on the BTC/LTC ratio. MWEB is coming so hopefully that will catalyze buys at this potentially pivotal point. I've been in the crypto and LTC space since 2017 and although a lot of people peg LTC as a legacy coin, blah, blah, blah, I know what she can do. If my instincts are right, we're in for a newsworthy and profitable run. See you all on the other side! ;-)
Litecoin vs Bitcoin - boom or bust?Litecoin on the btc pair is at a double bottom region on the monthly chart. I see two possible scenarios happening - we break out to the upside in both, but do we continue or do we retrace down and go into lower lows?
The red line is the current downtrend so until we have proof otherwise, all upside is speculation.
The green line is the path and FIB levels based on previous bounces at this level during bull markets. IF it does make that move up, it'll retrace before a further move up.
I've outlined some of the major resistance/support levels with the green boxes - I would suggest playing those as buy/sell levels and breakouts from each of those levels IF you are day trading the move.
LTC BTC 10x potenialwe’ve been awaiting upgrades to LTC for 2 years - this quarter they will be completed. I believe this coincides with the mother of decreasing wedge patterns for an epic breakout for 5 - 10x gains against BTC. LTC is one of my favorite brands, it’s a trusted OG, and this upgrade makes it 10x better suited for competing with other cryptos in 2021.
“Q4 2021
MWEB activates!
Enjoy using one of the most scalable, fungible cryptocurrencies ever. May God have mercy on the fiat currencies of the world.”
Link: wenmweb.com
LTCUSDT - HIGHLY PARABOLIC MOVES POTENTIAL !!LTC is moving slow & steady , has break its falling wedges moves nicely a step at a time. A really good Fundamental coin that many has forgotten & miss out, but not for the whale that has been accumulate it since the last crash. Big Hopes on LITECOIN !!! #TAYOR #NEW ATH
LTC NEW LOWS?!LTC MAXIS ARE GETTING NERVOUS!! If we don't reenter a range between these new lows and the previous historic low of .003/btc then we might find a new down bad abyss! historically the ltc/btc pair has performed bearish with huge swings to the upside, typically on the end of bull runs when liquidity floods to all alts. Mr. turtle takes his time, but huge gains could be on the table. watch carefully for a breakout with at least half the potential upside magnitude of doge/btc's recent breakout!
please consult your financial advisor for advice. ideas are my own and not intended to be interpreted as trading advice.
LTC/BTC Oscilator at ATLOn October 13, 2011, the Litecoin network first went live. Last Wednesday marked ten years from the debut of digital silver, which has arrived at the same time as the asset has made a new all-time low against BTC.
Zooming out the LTC/BTC chart one can spot an oscilatory behaviour of LTC against BTC.
The LTC/BTC pair trade could potentially goup to 5x to 10x should Litecoin bounce of the current lows of around 0.0029 LTC/BTC.
Additionally a recent spike in active LTC adresses indicates that traders have spotted this opportunity and they are setting up their positions for a potential rally.