LTCBTC
Fossil coin is reviving ☠️Litecoin (one of my least favorite coin) is extremely bullish 🐃
📌 Just take a look at the weekly Komu and you will see why
📌 Correction is over and it has made a higher high.
📍 BTC Dominance is decreasing dramatically, OTHERS.D is also bearish at the moment, plus ETH dominance
✍🏼 LINK, LTC and other old coins like XMR and ZEC are looking bullish
THIS IS NOT A FINANCIAL ADVICE... 😏
Litecoin (LTCBTC) uptrend keeps going onLTC/BTC
Price: 0.00635
Target: 0.020-0.022
Stop-Loss: 0.005735
As it can be seen on the charts every time the price hits the green support zone it begins a strong uptrend on the weekly timeframe. This week LTC goes beyond the Ichimoku cloud, hence it can touch our target.
LITECOIN / BITCOIN : RETEST PREVIOUS RESISTANCE AND PUMP ? ? Welcome back Traders, Investors, and Community!
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#LTCBTC 😊 +40% in one month LONG [TrendIsYourFriend]Dear LTC Friends , market correction is time to BUY deep or stick to your position!
Trend Is Your Friend , Don`t worry about side wind!
Today -20% dropdown in marcetcap is normal in crypto, this is a signal that got up strongly in the next month, don`t worry too much , keep on the bright side and ride the trend line.
Wait to the midle of month to see prediction #LTCBTC 0.0006778 or simplly +40% on your BTC balance 🙏
Regards !
BINANCE:LTCBTC
ltcbtc triangle support resistance breakoutltc btc has broken out of the channel and shown a solid candle. this could indicate bullish movement to next resistance line
LTC/USD : Zoom out on the 1W On the weekly, seems like that Litecoin topped exactly at the fibo line and now bottomed exactly at the trend line of previous tops. Nice bounce.
Litecoin seems to follow trendlines, resistances and supports pretty good, so keep an eye on those to see where this is going.
This is not financial/trading advice. You are responsible with what you do with your own money.
LTC/BTC POTENTIAL PARABOLIC OUTCOME (DOGE/BTC COMPARISON)The LTC/BTC ratio has the potential to move in a similar crazy parabolic fashion as has been seen for DOGE/BTC.
Its non-serious nature and reputation as a meme within the crypto community together with a social network effect from the likes of popular figures in the tech sector have made Dogecoin a popular choice among new traders using brokers such as Robinhood.
Fundamentally, Dogecoin and Litecoin make use of the same Scrypt POW mining algorithm. Litecoin and Dogecoin can be merge mined and nearly 90% of Dogecoin’s total hash rate comes from large Litecoin mining pools, with its blockchain processing around 30,000 transactions per day.
If LTC/BTC follows the same path as DOGE/BTC then the ratio could reach extremely high numbers within the range of 0.05 - 0.2 LTC/BTC. This of course does not mean that this will happen but it is interesting to see the striking resemblance between the two ratio chart patterns.
Fundamentals:
Dogecoin and Litecoin are merge mined
Both use the Scrypt POW mining algorithm
LTC is traded on Robinhood the broker popular in the US with beginners and other Reddit netizens and BTC still has room to grow in the current macrocycle and the entire crypto market cap has room to grow during the altcoin bull run as new money flows into the market.
Technicals:
LTC has a similar chart pattern compared to DOGE and therefore has a chance to play out the DOGE fractal pattern
Monthly MACD histogram is about to flip green
Bullish Divergence on weekly MACD
Stochastic RSI on the monthly is oversold
Bollinger Bands on the monthly are about to expand indicating an increase in price volatility
Monthly EMAs on the weekly are poised to cross (20 weekly EMA about to cross 50 EMA)
Monthly PSAR has flipped bullish
TL;DR
Litecoin go up, much wow!
Litecoin (LTCUSD) LONG $385-430 A quick analysis on Litecoin (LTCUSD)
1) Looks like Wave 5 is doing strong and quick in the above diagram
2) Reached the first target of $360 at FIB 50%
3) Strong liquidity (take profit) event will come at $285 as it will cross 2018 $375 all-time high to make new ATH at FIB 61.8% ($285)
4) If the market still holds it might shoot to $405 (or) $430 to FIB 70% or FIB 78.6 % extension
Summary :
-------------
1) Looks like the bulls/buyers are pumping the market to reach ATH ( all-time-high ) to $385-$400
2) Take partial profit around $385-$400 before the party is over
Happy trading, feedback is always appreciated
Upper Channel ReversalDrawing a channel, we see a short-term potential place for a reversal.
If we do come back, the lower trend of the channel could act as a good level for a re-entry trade.
5 day moving average on a closing basis, has been working well as a short-term trend level to ease some of the position to maintain gains.
Chikun Arise! Long LTC!"Arise, chikun, chikun arise."
Litecoin's price has been suppressed since the last bullrun (both in terms of sats and in USD). Based on the charts, I think it's about darn time that it pumps the hell up.
As you can see, LTC broke above the 2-year downward resistance (yellow line) and stayed above it despite the recent market correction. There had also been a bullish divergence before the pump (green lines).
Oh, and look at the sheer amount of volume the past several months as well. It indicates strong accumulation.
My short-term prediction is that it should at least re-test the 2018 downward resistance (purple line) which is a 50%+ pump away. If it breaks that, then we should be in for more upside. I wouldn't go that far yet though, so we'll see how it plays out once chikun touches that line. For now, that line is the target and I'm long LTC.
300% More For Litecoin? Let's Have A Look!Litecoin (LTCBTC) is now strongly bullish as it moves above the EMA100 and EMA50 price levels.
EMA100, the blue line on the chart, is being conquered today.
A close above this level daily, 0.005980 signals good strength.
Even if prices consolidate before moving higher LTCBTC is still looking great.
On this chart, I am mapping an additional 300%... You know how this goes, this is crypto... We can see 300% happen in 2-3 months or it can happen in just a week or a few days.
That's how crazy this market is.
With no experience, it is hard to trade.
For those of us with patience... We buy and we wait.
Namaste.
Litecoin turning on the Search mode!So as you could see in my previous LTC idea. I was expecting LTC to move to these prices.
All of my 3 targets below were hit!
What is this idea about?
Firstly I want to show you some comparisons between this and the 2017 bull market.
Then I will do some technical analysis on LTC in the short-term and long-term as well.
Later I will tell you my expectations.
2017 bull market vs this bull market
Litecoin was at 3 USD on 29. March 2017 and went to 362 USD on 19. December.
This means it did 8815% in just 265 days.
If I draw it from the very bottom. This year LTC went 1285% in 418 days...
The Crypto market got way bigger so don't expect these returns... but I think LTC might explode soon. (reason later)
LTC/BTC pair
If we have a look at LTC/BTC pair... we can see that it went from 0.003 to 0.02... This is incredible! Imagine holding 5 LTC equaled 0.1 BTC! And this wasn't even the top of this pair. ATH was around 0.03.
Right now we are sitting around 0.006.
On the chart, you can see the bearish trend we are about to break in a few days with some crucial levels where Litecoin could struggle a bit.
LTC vs ETH
Ethereum will outperform BTC these few months... That's a fact. BTC dominance is dropping (currently about 46%). ETH is the king of all ALTs.
Firstly BTC goes up... -> ETH goes up -> Big cap Alts goes up -> Small cal Alts goes up...
and right now it's Alts turn...
Look what's happening to Link, ETC, etc. (expecting LTC, DOT ADA soon)
If ETH outperforms BTC and LTC will start to outperform ETH... This means you can outperform BTC multiple times!
In a few days, we should be able to break this bearish trend and go up!
Technical analysis
So in a long-term perspective, We can see a nice channel and leads us to a new ATH pretty soon...
We could hit the resistance and see a pullback to the red area... But I am not selling.
I am expecting LTC to hit minimally 700-1000 this bull run!
In a short term
We are going to hit the resistance in a few days/hours.
There are few scenarios...
1. Breaking the trend and going to search mode! (green)
2. Bounce from the resistance and seeing a healthy correction. (blue)
3. Breaking the trend after the correction (purple)
4. Bigger correction! (red)
Basically, we don't want to see below this red area or below the support!
LTC going into Price Discovery! Just waiting for Litecoin to enter the price discovery phase. The expected levels are all marked on the chart.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
Litecoin a great opportunity (2)Hello!
Litecoin has finally broke its 616 day long wedge pattern against bitcoin.
I think this baby will fly. Look where dogecoin is, which is a meme, a joke made out of litecoin or whatever!
We broke the 50ema (red arrows) and
The vertical resistance box where price has had resistance which shows bullish rotation
If we break the 200ema and turn it to support I am quite certain we will head to 0,017 - 0,018 sats
IF we bounce back to the 5600 sats level, you can get there and risk/reward of 45!
Targets are
40%
75%
210%
Check out my Ethereum a great opportunity 2020 which just hit it the target
Not an finacial advice and always use a stop loss, or you will get your ass burned
-Jebu