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LTCBTC

LTCBTC bottom between 0.003 and 0.002 in MarchThis is a longterm study using a Gann fann that intersects the price one month prior to the bottom before each major rally. It is estimated that price will bottom between 0.003 and 0.002 one month after the Gann fan intersects the descending channel. Price has been contained in a descending channel since July 2019, and support of the channel after the Gann fan line intersects it ranges from 0.003 to 0.002 There should be a 6x rally afterwards to 0.0135. If there is no rally then LTC will continue it's downward decent to zero. Many people have been fooled into thinking that this December rally is the start of the moon shot. But in fact it hardly a blip compared to real moon shots. This is an update of an old idea titled "when pump?". Respect the dump and pray for the pump.
Short
by nagihatoum
2
Litecoin vs Bitcoin (LTCBTC), Ready Yet?Looks like Litecoin (LTCBTC) is getting ready to grow. Cardano (ADABTC) is growing today and so is Binance Coin (BNBUSD)... These are some of the big altcoins... Litecoin printed a Doji yesterday and so far we have a higher low compared to 12-Nov. It is still early here but we also have bullish divergence on the MACD and RSI if we go back to September, telling me this higher low might be it... Be prepared... Thanks a lot for your support. Namaste.
Long
by AlanSantana
10
LTC is going to mini-moonThis is a psychological application/analysis supported by multiple charts. Both the LTC/USD daily charts to ID impulse buys AND the LTC/BTC value using the same period..... Looking beyond the standard 4-year halving cycle, i believe there are 'mini-moons' in the (no disrespect to litecoin) 'imitator' coins. Here's the logic: What happens when the beginning of retail FOMO begins? Well, speaking from personal experience when i first began really investigating crypto (august 2020), the AVERAGE NEW USER does the following: 1. Open up a trading account (coinbase, binance, kraken, etc.). 2. Second guess themselves about buying a 'coin' trading at $35,000 USD (even a .10 amount) given that its already started its parabolic rise. 3. Maybe they do buy .1 bitcoin. But whether they have $10k or 100K, they are uneasy about buying into something that has already 3.5x'd over the past 3.5 months....... 4. But they already deposited (say) 20% of their life savings into their new account. WHAT DO THEY DO to get their feet wet???? 5. They buy 50 LTC to test the water... The above chart represents this 'mini-moon' theory well. Ultimately you get thousands of weekend warriors early pumping anything that has the word 'coin' behind it because its 50x cheaper than the coin they originally opened an account to buy, but hesitate to pull the trigger. In a month from now, once LTC runs to @ $600, the smart money will know its time to cash out and sell to the weekend warriors thinking they struck it rich 4x'ing litecoin. Its an admitedly dog eat dog analysis, but i believe there is a mini-moon in LTC. I predict $200 LTC by 1/10/2021 and $550 by 2/28/2021. This should give smart money a nice little return and buy a little time for the sideline money while we (hope) for a good entry for the rest of our money in BTC & ETH... I'm not a financial advisor and do not listen to me or constitute any of the above as sound advice.
by McGorgeous
LTCBTC formed a big Shark | For Upto 43.5% bullish moveHi friends hope you are well, and welcome to the new update on Litecoin. On the long-term weekly time period chart, the price action of the LTC has completed last leg of bullish Shark pattern and entered in potential reversal zone. Buying and sell ranges: The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 . Stop loss: The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 43.5%, and the loss possibility is 9.5%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade. For exact buy and sell targets for this trade, and other harmonic trading signals join: www.patreon.com
Long
by moon333
1
Watch for LTC/BTC Equilibrium Pattern to Break BullishLTC/BTC is currently trading in a 4hr equilibrium channel. It's been ranged bound for the last 2 days and I am looking for the pattern to break within the next 2 days. Generally speaking an equilibrium pattern such as this is neutral to me but I believe there's a higher probability of a fakeout if it breaks down for the following reasons. (Hence I am going long here) 1.) LTC/BTC is trading near a multi-year low 2.) If we zoom out to the weekly we can see that LTC/BTC has been making lower highs and lower low since 2018. However, the latest weekly candle seems to suggest that it might be the beginning of a higher lower formation, which would be a very significant long-term trend reversal. 3.) The high volume of the latest weekly red candle also increases the probability that this might be final flush candle where weak hands sells out. 4.) The weekly BTC/USDT is more over extended compared to the LTC/USDT given the significance of Bitcoin's runup compared to Litecoin over the last 3 months. With that said, the chart can very well break down and go lower as well. Especially if we see Bitcoin continues the freefall we saw this week as history shows that alts tend to take a bigger hit when Bitcoin crashes. For that reason, it's important to put a stop loss as this is anything but a sure thing. Especially in crypto land. I am looking for at least a 15- 25% gain here if we break to the upside. Placing stop close by for a maximum loss of ~2.5%.
Long
by Coindicator
6