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Ltcbtclong

LTC long ideaLTC long idea. Buy 0.0076-0.0081 (daily 1D bullish OB) T1: 0.0105 (1st 1D bearish OB) T2: 0.0115 (2nd 1D bearish OB) T3: 0.0142 (3rd 1D bearish OB) Reasoning: C wave in a larger WXY correction. C wave is a zigzag 5-3-5 correction with an extended 1st wave correction. 1D bullish OB in the green box. there is 1 below it at 0.0071 which may also be a target. but since the USD version of LTC looks bullish af, i don't think we'll hit thta. Simple bullish divergence appearing on the RSI, slow and fast oscillators over 14 periods. medium strength signal.
Long
by EnZo
LTC/BTC - Bear TrapHi! Since the last idea posted on Litecoin vs Bitcoin I was stopped at 0.010950. They are past waters. Analyzing the further movements,we can see that Litecoin might be facing a bear trap (purple square) which is a good sign of reversal, indicators also show us good risk/reward. Stochastic is pointing up, volume is growing. Bitcoin is consolidating, so it means we may see few altcoins performing meanwhile, Litecoin has good fundamentals to keep it's way up. Resume: - Bear Trap; - Stochastic pointing up; - Volume is growing; - Good Risk/Reward; - Bitcoin consolidating. Conclusion: Long Strategy: - I'll wait for a confirmation. I wish Litecoin test 99 MA (0,013813) and then test it's symmetrical triangle support (0,012107). - I'll put a buy order at 0,012960 and put a stop-loss at 0,010960. - I'll move my stop always the market is in my favour. **** Manage your stop according to your risk management. This is not financial advice.
Long
by LuanCeli
LTCBTC completed the gartley | Upto 78 percent profit expectedBy the grace of Allah the most high my previous idea of LTCBTC: Generated more than 32 percent profit. Now the price action has completed a bullish gartley pattern. We can see the price action is also in a wedge and it has hit the wedge's support. The volume profit is showing a very weak interest of traders at this area. We have also a 50MA support on week chart withing the potential reversal zone which will be very helpful for price action to hit the sell targets soon insha Allah. The targets are: Buy between: 0.011490 to 0.009465 Sell between: 0.013084 to 0.016912 Regards, Atif Akbar (moon333)
Long
by moon333
1
Litecoin Analysis (LTCBTC): Intraday Timeframe Chart Patterns.Conclusion for today’s Litecoin price analysis: Price closing above 0.011132 implies resumption of bullish strength in LTCBTC. Litecoin/Bitcoin is presented using a candlestick chart on the 4 Hour timeframe. A log scale is used in this case with attention paid to price action starting from April 03, 2019 to current date. A bearish price channel (tentative) is shown on the 4 hour time with price breaking and closing below the chart pattern on June 27, 2019. Lack of continuation of momentum to the downside and recovery back into the channel both argue for a bullish bias. Conservative strategies for a long (buy) position involves buying on a break above 0.011132 and even more conservative is waiting for the 4 hour timeframe bearish trendline to give way before buying.
Long
by Coin_Analyst
2
LTCM19 - LONG 5x Falling wedge, good entry, low risk.NOTE: People on twitter are misleading folks into thinking their current Litecoin balance is literally going to be halved, magically losing 50% of your stash, which is utterly false. The Litecoin halving just means block rewards for miners will be permanently halved on the confirmed date. It doesn't affect you, just miners. If you want to learn more about halving regarding bitcoin and how it affects the price, check out related ideas. Exchange : Bitmex | Margin Trading Trading Pair : LTCM19 Position : Long Leverage : 5x Approx Risking: 4.5% Approx Reward: 13.5% Risk/Reward: 3 STOP LOSS: 100% @ 0.012891 Approx Entry AVG: 0.013507 Entry 1: 1x @ 0.014095 Entry 2: 2x @ 0.013835 Entry 3: 6x @ 0.013552 Entry 4: 18x @ 0.013179 Approx Exit AVG: 0.033829 Exit 1: 25% @ 0.014548 Exit 2: 25% @ 0.015001 Exit 3: 25% @ 0.015453 Exit 4: 25% @ 0.015736 Reasons to enter (Prioritized from most to less important): 1. LTC Halving = less supply + same if not more demand which equals pump 2. Falling Wedge normally means it will pump and create a market reversal 3. Previous support should hold when the falling knife hits, if not, stop loss will be triggered only losing 4.5% max
LLong
by CyberStocks
LTC/BTC Safe trade, Halving pumpamentalsNOTE: This trade is for people who don't understand or want to take on the risk on leverage, margin and futures trading. Perhaps you want to more Litecoin. Either way from technical analysis, I have found a good entry. Exchange : Binance | Altcoin Trading Trading Pair : LTC/BTC Position : Long Leverage : N/A Approx Risking: 7.4% Approx Reward: 62.7% Risk/Reward: 8.4 STOP LOSS: 100% @ 0.010963 Approx Entry AVG: 0.012180 Entry 1: 1x @ 0.014388 Entry 2: 2x @ 0.013306 Entry 3: 6x @ 0.012186 Entry 4: 18x @ 0.011301 Approx Exit AVG: 0.033829 Exit 1: 25% @ 0.0016156 Exit 2: 25% @ 0.017877 Exit 3: 25% @ 0.020358 Exit 4: 25% @ 0.022639 Reasons to enter (Prioritized from most to less important): 1. LTC Halving = less supply + same if not more demand which equals pump 2. Triangle 3. Ascending triangle 4. Staggering on support levels. 5. Stop loss beneath previous HL candle and support
Long
by CyberStocks
$LTC is a Sure Thing. FREE MONEY! +150% to ATH, New ATH?LTC halvening by August 8th is very something. People learn that this halvening will drive price crazy. That's why. Lazy desc. You'll know how to make money here! ************************************************************************************************************************************************** If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit. -------------------------------------------------------------------------------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform
Long
by blockchaindedi
Litecoin is halving in 2 months. I'm buying hype & selling news.Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business. Sawcruhteez Strategies: Comprehensive Trading Strategy - Consensio | Comprehensive Trading Process | How to BUY THE DIP | Advanced Dollar Cost Averaging Methods Consensio: Bullish Patterns: Daily ih&s Horizontals: R: 0.015 | S: 0.0145 Trendline: Parabolic SAR: D: 0.0133 LTCBTCSHORTS: Shorts are at support but longs aren't overbought TD’ Sequential: Today closed daily G3 > G2 | Weekly G2 > G1 Ichimoku Cloud: Daily is getting very close to a kumo breakout and a bullish kumo twist Relative Strength Index: Getting overbought but still room to go on Daily Average Directional Index: 4h needs to cool off. D still hasn't started a trend. Bollinger Bands: Testing top of daily band | Back above weekly band Stochastic Oscillator: Weekly buy signal Summary: I am buying spot Litecoin and I'm also opening leveraged longs on LTC:BTC. The game plan is to hold onto both until the ratio reaches 0.022. At that point I intend to cover the LTC:BTC long and trade the spot Litecoin for BTC. I am primarily interested in this trade because of the Litecoin halving, which is scheduled to occur 10 months before the Bitcoin halving. I believe that this presents a unique opportunity and will be using the previous cycle as the primary tool for my analysis. During the last cycle the LTC:BTC pair peaked a mere 3 days after the halving day. In this instance buying the hype and selling the news worked like a charm. I am inclined to think that the same thing will happen again. We can draw a trendline using the low of May 24th and June 3rd which provides strong confirmation of the price and time target. If the price respects that trendline over the next 2 months then it would take the price to the top of the bull channel at 0.026 very shortly after the LTC halving occurs. This is what is illustrated in the original chart with the first dotted maroon arrow that goes from May 24th to slightly after August 5th. At that point I would be expecting a sharp reversal which takes the exchange rate back to the bottom of the channel which waits at 0.011. In 2015 Litecoin halved 1 year before BTC. The LTC:BTC pair started selling off immediately after the LTC halving. The selloff continued for 9 months after BTC halved. To me it makes sense that very similar action will happen again. Overall that would actually be very bullish for Litecoin. It would create a third higher high and higher low since 2017, which would illustrate LTC appreciating long term versus BTC. From a fundamental perspective I cannot understand why Litecoin would appreciate versus Bitcoin...LTC's main value proposition is faster / cheaper payments. If faster / cheaper payments was the utility of cryptocurrency then it would be doomed for failure. Services like Paypal and Venmo will always be faster and cheaper than blockchain oriented protocols. That is because decentralization is costly and is only needed for one very important purpose: deflationary supply. The cost of decentralization is not economical for cheap / fast payments but it is entirely vital for sound money and / or a reserve currency. Bitcoin is just that and therefore has the ability to challenge the US Dollar and Gold as the preferred reserve currency. Litecoin promises cheaper and faster payments which means that it competes with Paypal and Venmo. 'Competes' is quite generous because the latter services are far superior at delivering that value prop. In the long run (10 years +) I expect Bitcoin to out-return Litecoin by a very large margin due to the fundamentals outlined above. Nevertheless the technicals are screaming at me that Litecoin will outperform Bitcoin in short term (weeks - months). For short and medium term price movements I trust in the technicals above everything else. Therefore I am comfortable trading BTC for LTC and / or longing LTC:BTC over the next ~8 weeks. As soon as the LTC halving occurs I will be covering LTC:BTC longs and trading spot LTC for BTC. With all that being said right now doesn't look like the best opportunity to long LTC:BTC. It is wicking of the top of the bull channel while the 4h ADX is overbought. This tells me that a minor correction is coming. A pullback to 0.014 would be a tremendous buying opportunity imo. There would be a confluence of support from the bottom of the bull channel, horizontal support and from Moving Averages. I have already started to enter due to the Daily chart (confirmed ih&s + green 2 above green 1). However I am also expecting a small pullback to 0.014 and will be prepared to add if that happens.
Long
by Sawcruhteez
16