Get started

LTCBTC

LTCBTC bullish pennant potentially formingLTCBTC looks to be forming a potentially bullish pennant on the 4-hour chart (yellow dotted lines). This looks to be somewhat confirmed by the hidden bullish divergence on RSI (dotted yellow lines on RSI and price), looking more likely to indicate a continuation upward based on the short-term trend. There is still some potential for the trend to extend further forward for hours/days, but it is good news for LTCBTC that it has not trended downward yet (particularly when BTCUSD took a dip over a day ago). If the pennant breaks upwards, the resistance looks to be at the upper part of the wedge I mentioned before (blue dashed lines). If this resistance breaks, LTCBTC has the potential to break from the year long descending wedge and the opportunity to take on a YEARS long wedge instead (see my previous posts for details). At the very least it should be interesting to see which way the current wedge breaks over the next few hours/days.
Long
by crypto_trends
1
LTC/BTC Long (please discuss)LTC/BTC waiting for possible breakout. Wait to buy lower near the box, if breakout doesn´t occur, i´m confident that there will be another chance to sell higher. The phoenix indicator clearly shows a top, the price can still range in the upper range for more than one or two days before falling down to the box. If it doesn´t fall in the box and volume is high, i would consider buying higher to not miss the breakout, but only if there are clear indications. For now i think we will fall back a little, which is either way a good chance to buy. Please discuss - open to critique.
Long
by Tommy_bnks
LTCBTC nears year-long wedge top againIn the past week, LTCBTC broke out of the wedge of which I have been speaking for a while now, but now looks to be heading toward strong resistance as it hits near a wedge that has been forming over the past year (dashed blue lines). The wedge itself has the potential to go until either summer of 2021 or even into the end of 2021 (e.g., if the small, solid-yellow trend line breaks, which some have claimed looks like a potential descending triangle pattern), but I figure it good to bring to anyone's attention who watches litecoin. If this wedge were to break (and again, it is just an opportunity, as the wedge has potential to continue for months), the next point to watch is the long term trend which has been forming a wedge for many years. If that level ever does break upward, the potential for LTCBTC could be rather large. The current likeliest scenario that appears supported by hidden bearish divergence on RSI (white line) looks to be in favor of LTCBTC staying in the downward trend either continuing in the wedge (dashed blue lines) or potentially continuing into the descending channel (yellow dotted lines), but the current point of resistance definitely looks to be a point of interest for anyone looking for LTC breakout possibilities. A lot of the direction will likely dependend on the price of BTC, as a steep drop or a drastic reversal for BTC easily has the potential to sway LTCBTC in the downward direction.
by crypto_trends
4
Litecoin, LTC/USDT - go go goThe coin has been forming a triangle for over 2 months. I like to trade it. I expect for entry point after retest. Keep in mind this coin. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
32
Litecoin 600% profit from 1st entry and still $1000 Potential#LTC/USDT Profit Update:- $LTC currently trading at $242 Which is 30% up from our Re entry. Re entry :- $180 ✅ TP1:- $228 ✅ TPs :- Pending Now LTC/USDT broke the resistance level and now super bullish. So I am expecting next stop can be $300+ Support:- $215/$180 Resistance:- $311/$458/$706/$1000 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
14
LTCUSD to break out: A Comparison With BTC in October 2020So how do you draw horizontal lines while trading Crypto? I cannot stress enough on the importance of VPVR when drawing support and resistances. Here I present and example using BTC: In 2020, most people were showing 14000 (2019 top) and 20000 (2017 top) to be areas of resistance. TA and patterns only work if the assumption behind those TA systems and patterns are valid. If those price actions had very little volume, you cannot really trust them. IN REALITY, very few people trade at the very top of a bubble. If you imagine a line of FOMOers, at these tops it’s the very last people in the line who are buying. Hence these regions NEVER hold as resistances. Check the previous ATH levels for BTC, BTC blasted through every one of them. NOW if you look at VPVR, the “real top” as far as volume is concerned was 12.4k. It was game on after it broke above this level. THIS is true price discovery. For LTC, this level is 250 USD. LTC spent very little time above this level for the price action to be meaningful. As a result, LTC has been chopping ever since it came close to 250 USD. This is a key long term price region when analyzed on the ultra long term idea that I posted earlier (and I will keep updating). Bottomline: IF you are a LTC HODLER, please for the love of GOD don’t sell at previous high once we break above this last zone of resistance. Price should reach between 500-700 USD (1.236-1.618 on fib levels) on bullish momentum. For ultra long term cycle charts on LTC, follow my related chart ideas below.
COINBASE:LTCUSDLong
by brotoshee
4
#LTC/USDT looks ready for $400!Welcome to this quick update. LTC is trading above $208 while I am writing this update. Every single coin is up a minimum of 3x to almost 100x! Like WRX! LTC is ready for the breakout, I am expecting either a direct breakout from this level which is scenario 1, or a retest of the $187 level which will possibly be the last opportunity to buy LTC under $200 shown as in Scenario 2 in my chart. I believe accumulating $LTC at any level around $200 could be highly profitable for you. Not financial advice Please DYOR ) Do hit the like button if you like my setups and Follow me for more future updates and highly profitable setups. #PEACE
Long
by Cryptorphic
12
LTC/BTC has me cautiously optimistic I'm observing LTC here as it has decisions to make. Either down, up or sideways. Speaking with fellow traders whom's opinions I respect and have more experience than I have. I've been warned that LTC seems to like to fake out. Thus I'm neutral on this and it definitely isn't a call . I'm not going to let the bullish signs of reversal I see put me in a long bias just yet. Rather I'll be using this as a learning experience and be following it's steps (hopefully gradually stepping up) . As the adage goes "Markets like to take the steps up and the window down". FA observations: 1. It's been in price discovery for a while looking for it's bottom ;) 2. It's bounced off the support line and may be forming a V bottom reversal and could possibly look to put in a HL from here 3. I'm seeing bulls stepping in and buying these lows I'm publishing this idea so that I may keep it in the back of my mind and maybe in yours? I do think when LTC starts moving it's going to be one for the books. And with that I would like to wish everyone a happy Easter and do spend this time with loved ones (especially parents, while you still can) # Obligatory Disclaimer My ethos at the onset is best described by the following acronym K.I.S.S (Keep it simple stupid) I use this mantra to ground myself, because nobody "outsmarts" the markets, even the legends only had a big brain understanding of them, you will always be the student. Make peace with that fact. Also I'll be sticking with simple charts that show my analysis of assets and won't be cluttering with the indicators I'm using, I'm not an educator. There are many other education channels here on TV and great senpai's curating them. If most of what I said above doesn't make sense, my advice is don't put your hard earned money in ( And most importantly none of this is financial advice, don't come crying and moaning at me if/when you lost your lunch money! ) And with that ladies and gents , always K.I.S.S before you get F'd
by JohntradesWicks
2
Triangle patternFirst of all, I apologize for not being able to update the analysis due to personal issues. In the daily chart, the first target of the uptrend can be around $ 526. In the 240-minute chart over review, a Triangle Pattern is under formation, of which it could have ended in this point or it could have extended up to the $ 177 range in the e-wave, and then the ascending movement begins. We can get the main confirmation for the uptrend, when the price crossing the range of $ 217
COINBASE:LTCUSD
by NirmataFX