Litecoin vs Bitcoin... Chart Analysis of LTCBTCAt some point LTC may rise against BTC, but as per the current Monthly chart shown, we see that LTC has lost value against BTC since April 2019. A 70% decline.
Note the MACD is moving up with a possible cross of the zero level coming in a month or so. This suggests sentiment may be changing. A subsequent break of the trendline would indicate LTC raising against BTC, at least for a little while.
In order to break the long-term downtrend, Litecoin would benefit from some good project news, new partnerships, and market place adoption as a cryptocurrency.
Don't fight the trend. Make the trend your friend.
We'll be watching LTC for a change in trend, but wouldn't be buying just yet. Technically the trend is still down.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
LTCBTC
Litecoin LTC - Weekly big triangle + Elliott WaveBulls deeply need to break this triangle / trend line. ABC correction to the downside is of course done, but there is still pressure from bears. If we drop below A+C wave, i am afraid Litecoin is dead or another deep correction is expected!
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LTCBTC Big Breakdown, Selling rallies with 3600 as first targetHello,
we have overall negative sentiment, so it should not be surprise that crypto is falling as well.I dont like to be short BTC or ETH but with these conditions we may try to find to nice setups ...
LTCBTC short on the raise to the 4290/4350 area
Stop above 4500
The first target is 3600
Second target 3100
Good luck
LTCUSD T ANALYSIS X CANALTHIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion. If you find this useful and want more guesses. don't forget to follow. Press the Like button. Leave your feedback to us in the comments section! Thank you very much for your support. Let us know how you see this opportunity and forecast in the comments.
Litecoin - forgotten coinDo you remember the old days, when Litecoin was one of the most desirable Altcoin?
Also announcer of alt season, or Bitcoin's movement?
Well, LTC is now forgotten one. New hyped popular coins overtake his position in top5.
Why does this matter? Because LTC still has lots of retail investors who never forgot that they were adviced to sell it before marked crashed in Jan 2018.
And these swings it made, are just perfect to trade with.
For me, good entry point.
Lite Coin (LTC) - September 6Hello?
Dear traders, nice to meet you.
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You need to see if you can get support and rise at the uptrend line (3).
If it falls from the 0.004555 point, it is likely to record a large decline.
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(LTCUSDT 1D chart)
It fell after touching the downtrend line (3).
To create a new wave, you have to deviate from the downtrend line (3).
We must see if we can ascend quickly to the 54.16 point.
If it falls from the 47.05 point, it is likely to fall below the 39.4 point.
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** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)
LTCLTC possible slow and steady grind. might stall out in 80 dolla range...
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