Bitcoin Money Flowing into LTC!!Litecoin has explosively broken through long term downtrend resistance, and we are seeing a big push in LTC we are still 35% away from the 0.2 FIB level. If we look at the Chaiken Money Flow we notice more money flowing into LTC after the most recent correction, and if you check out the LTC/BTC Order book on binance or coinbase pro you will see lots of BTC selling for LTC. Always keep in mind that Litecoin has outperformed BTC in a earlier halving cycle! We also broke through all the SMAS the 10 day, 50, 100 & 200 showing lots of momentum, the 10 Day SMA is pointing sky high and has crossed significantly over all other SMA's, will be looking for upwards momentum from the other SMAs aswell. Very bullish on Litecoin I think Alt season is beggining to really quick off! Not financial advice just my opinion!
LTCBTC
Double your SATSHello trenders and friends,
This chart do not need many explanations as is looking goooood.
Here you have the opportunity to double your value in BTC, not necessary USD.
Let me know what you think or as I used to say just don´t.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
LTC/BTC still 1000% potential from our entry ?#LTCBTC Profit Update:-
#LTCBTC currently trading at around 5700 and Went upto 5869
So now 79% up from our entry and still more rooms for upward.
Entry:- 3300 ✅
TP1:- 4456 ✅
TP2:- 5400 ✅
TPs :-Pending
Still I am expecting big move in coming days but guys don’t forget to book profit partially.
Support: 4600/4000
Resistance:
7808/11397/17461/25059/36661
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LTC/BTC Breakout Happening NOWThe Shorter-term triangle is broken, the longer-term triangle test getting closer and closer to breaking expecting a break within THIS quarter as BTC/dom drops and ETH outperforms BTC massively.
When assets are in or close to price discovery like Litecoin the USD pair becomes irrelevant and the BTC pair becomes way more important. LTC, like many altcoins that are yet to move on the BTC pairs, have a MASSIVE massive year ahead if the market can stay afloat.
Fractal from the last consolidation just before the altcoin season of 2017/18 is very similar to the current consolidation - remember that fractals don't have to be identical to be valid - they just have to ryhme.
Will be expecting further moves up after flipping and consolidation on the orange resistance line.
LTC moved up as i said ,what next ?LTC / BTC
about 1 month ago in 3 april i published an idea about LTC historical and interesting buy zone
You can check original idea attached below
LTC moved up since this idea by around 64% in btc pair alone (easy money 💵)
WHAT NEXT ?
There is high possibility that LTC will continue up
You can see with BTC pair chart it broke weekly supply and important trendline resistance
We need only next weekly candles to close above resistance for more confirmations
Dont forget to like our idea and follow ..will be a good thank you
Litecoin could be flying in the following weeks#LTC / BTC ( Binance )
Buy Range : 0.005078
Stop Loss : Weekly close below 0.004391
Target 1 : 0.007338
Target 2 : 0.010822
- Good weekly price action after retest bottom zone.
- Price has broken the downtrend finding some support in MA20+MA50 and still looking for more upside
- Good risk/reward here since price could make x2 in the next weeks/months
- RSI breakout and shared a bullish divergence
- In a daily timeframes its more clear how price action has change
- Price is well supported by moving averages and any pullback is possible but trend remains bullish
- Momentum and CCI has increased its green range in a bullish signal
More trades in my premium channels
Good luck
Lite Coin (LTC) - May 3Hello?
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(LTCUSD 1M chart)
(1W chart)
(1D chart)
It remains to be seen if it can rise along the uptrend line and rise to the 275.766-288.058 section.
If it falls, you need to make sure you get support at 252.430.
If you fall from the 252.430 point, you need a short stop loss.
However, you need to trade carefully as you can touch the 214.306-226.598 range and go up.
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(LTCBTC 1W chart)
It remains to be seen if it can rise above the 5788 Satoshi point and break off the downtrend line.
(1D chart)
4675 Satoshi-4870 Satoshi should be watched for any movement that deviates from the section.
If there is a movement above the downtrend line, it is expected to continue the uptrend.
If you fall from the 4492 Satoshi branch, you can touch the 3681 Satoshi branch, so you need a Stop Loss to preserve profit and loss.
However, you need to trade carefully as you can touch and climb the 4145 Satoshi-4292 Satoshi section.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
LTC/USDT : 2 major factors that makes LTC ready for new ATHBINANCE:LTCUSDT
Hello everyone 😃
There are two important factors that makes LTC extreme bullish for next month !
1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART.
2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase.
As we mentioned on our last analysis about BTC and ALTs; this month will be great opportunity and now LTC is one the coins that have enough potential to over perform BTC...
1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART.
Recently we recognize that LTC movement is so similar to LIVERMORE's cylinder pattern; Now we passed the accumulation points and next point will be at profit zone !
So now; What is LIVERMORE's CYLINDER PATTERN ?
Jesse Livermore was a speculative trader who based his investing decisions on the price action rather than on the stocks fundamentals.
Jesse was from the first halve of the 1900s where the market participants of the day had little understanding of the fundamentals.
Their investing philosophy was gambling oriented and they simply speculated on price increases.
📌 Based on LIVERMORE's chart; LTC will have 3 more highs in incoming months.
However LIVERMORE's chart was based on traded volume but we can calculate the average direction of it !
2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase.
On monthly timeframe; LTC/BTC have a same scale of movement on 2017 !
Last time that BTC underperformed LTC pair rallied up to 580% in 3 months...
Now BTC is underperforming LTC again !
We expect another aggressive push in next month on this pair and so; We might see same result on USDT's pair.
Hope you enjoyed our analysis about LTC's possible new ATH🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
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@Helical_Trades