LTCBTC
LTC bouncing from the demand zoneLitecoin is bouncing from the demand zone and now trading at the local support zone. This is a good opportunity to add some LTC for the mid-term. LTC has not pumped much like other big caps and a rally is pending.
Buy Zone: $260 - $265 (add more in dips)
Target: $288 - $317 - $344 - $382 - $424 - $478 - $514 - $565 - $620 (will touch $1000 in long term)
LTCBTCstill bullish for now, broken out of longterm accumulation zone vs btc
this dip is the retest of the breakout, which is holding at the moment
if this holds can expect a significant bounce up next week
but the other long term down trend and supply demand zone is a bit of a worry
the one we tapped before this retest
fingers crossed we can break straight through it next time
LTCBTC - Nison: PB&J Shadow-30LTCBTC - Nison: PB&J Shadow-30
A Nison PB&J trading pattern may trigger a long condition if a candle closes as a ~Hammer, with the Shadow piercing the 30 EMA, if and only if that candle's volume is higher than the previous candle. SL would be set below the low of the ~Hammer.
LTC & BTC Cyclical NatureJust as sine and cosine exhibit identical periods of rotation, but remain offset to a certain degree, LTC and BTC exist in a similar manner.
If BTC = digital gold, then LTC = digital silver.
LTC was born from BTC's source code, albeit slightly modified. Some notable changes are faster block times and a lighter mining algorithm. The consequences of these changes are not important for this post. What matters are the similarities.
LTC has a fixed maximum supply, just as BTC. LTC also has a halving every 4 years. The result of these constants are LTC & BTC oscillating through their respective 4 year cycles in a slightly offset manner.
In the chart notice that the LTC halving (black) and the BTC halving (orange) are offset, but still 4 years apart.
Notice how the respective peaks of LTC and BTC occur in the same fashion 4 years apart.
A picture is worth a thousand words, so analyze the chart instead of reading my explanation. Words simply do not do It justice.
Yes, in the chart the sample size of market cycles = 2. The past is not a predictor of the future. Nonetheless, this is interesting and IF it holds true that fundamentally changes the way crypto differentiates itself from legacy stocks. There is unimpeded cyclicality, instead of massive boom periods followed by sharp recessions. Order, mediocristan, antifragility, has been restored.
LTC/BTC now 65% up from our entry and still supper bullish#LTCBTC Profit Update:-
#LTCBTC currently trading at around 5300
So now 65% 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: 5400/7808/11397/17461/25059/36661
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Litecoin almost 100% profit!!!!!! crypto signals 🌴QUICK FREE LTC/USDT UPDATE🌴
What's next❓
- Yello ladies and gents😎🥂
💎Exactly as the ParadiseTeam predicted in the previous free update (check here), for LTC to hit $290 was almost inevitable.
💎Today we can see LTC touching the mid-term resistance at $290 and naturally can expect a slight correction.
💎At the moment, the mid-term resistance ($290) looks like it will hold for some time. After Litecoin gets back its full power again and makes a successful reclaim above $290 by closing above it, we can expect LTC to flip the mid-term resistance into support and continue in its moon mission up to the next major resistance at $400.
MyCryptoParadise.com
iFeel the success🌴
LTCUSDT trading at $290 and our entry was $50 and $180 congrats #LTC/USDT Profit Update:-
$LTC currently trading at $290+
Which is 64% up from our Re entry.
Re entry :- $180 ✅
TP1:- $228 ✅
TP2:- $311 Pending
And more TPs
Now #LTC/BTC and LTC/USDT broke the resistance level and now super bullish.
So I am expecting next stop can be $300+ and After $300 My target is $500
Support:- $239/ $215/$180
Resistance:- $311/$458/$706/$1000
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LTC/BTC - Oh My God! LTC broke massive wedge, time to PUMP!👌 Litecoin has officially broken this massive, multi-year wedge... on the up side... this is a great formation which once broken, will see massive gains.
As such, LTC is well on its way to pump towards higher levels vs Bitcoin. The first real test will be at 71k satoshi, after that 100k satoshi.
These levels should also take LTC over $400 on the USD pair which will make LTC set a new all time high... very good.
MACD turned very bullish on weekly timeframe, with a nice golden cross on the moving averages and a clear cross on the positive side by the MACD histogram.
Volume was quite strong on the breakout from the wedge, so this is looking sexy. RSI pumping higher... yep... we're set.
Taking some long swings on LTC should make you happy! Just have patience.
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LTCBTC year long wedge breaks upwardsIt looks like LTCBTC has managed to break resistance of a wedge that has been forming since 2019 (blue dashed line zoomed in, see my previous posts for details about this resistance level).
There is still a bit of resistance above the current ascending channel (dotted yellow line), but the target now looks to be a much longer "years-long" wedge that has been forming for quite a while. Due to the distance between these wedges, there is still quite a bit of potential for LTC to continue its push against its older sibling BTC over the next few months, so it definitely looks like a good trend to watch for anyone following LTC.