BULL SCENARIO FOR #LITECOIN #LTC #LTCUSD$100 dollars is the line in the sand
we have been testing this level past couple weeks
Prices above I am super bullish on Litecoin`s fortunes
Withe the potential of forming a huge cup and handle1
Below with price continuation confirms #crypto winter in my eyes
11 Years 100% uptime, halving next year
better transactional use case than #BTC
#Silver to #Bitcoins #Gold is true in my eyes.
I am long via the triple bull
Ltcbull
#LTC had a washout Responsibly long via the triple bull #LTCBULLSEntiment was in the dumps.
Scan the top 100 coins
notice how few coins you can actually use as a "currency" on chain
none that have the history and uptime as #Litecoin
Great risk reward on the #LTCBTC
If a new financial peer to peer economy is evolve, surely Litecoin will reclaim some of it's shine out of necessity in the coming years.
LTC EW Count 2015-2024 [Bull & Bear] Complete historical analysis of LTC, and long term targets for both bull and upcoming bear market.
As for the bull analysis, the confluence is quite amazing with the targets. Very good fib confluence all throughout the chart :)
For the bear analysis, there isnt much certainity. Especially with the bigger hands playing in the game now, its tough to predict how far they'd let the coins fall. Eventually we'll become like the stock market in volatility but i think the days of 90% bear markets will diminish over time and will never be seen again.
Will update if there are changes needed to the count, but so far so good.
#litecoin #LTCBULL token , 3rd buy of the day!!!Bought a HUGE tranche at just over a buck
My break-even is now around $2.20
gonna make a profit on this trade! Cmon, lol :)
please do not follow me on this trade... this is fun money for me.
attempting to BUY bottoms is amateur stuff... NO SERIOUS TRADER would be doing this.
Litecoin turning on the Search mode!So as you could see in my previous LTC idea. I was expecting LTC to move to these prices.
All of my 3 targets below were hit!
What is this idea about?
Firstly I want to show you some comparisons between this and the 2017 bull market.
Then I will do some technical analysis on LTC in the short-term and long-term as well.
Later I will tell you my expectations.
2017 bull market vs this bull market
Litecoin was at 3 USD on 29. March 2017 and went to 362 USD on 19. December.
This means it did 8815% in just 265 days.
If I draw it from the very bottom. This year LTC went 1285% in 418 days...
The Crypto market got way bigger so don't expect these returns... but I think LTC might explode soon. (reason later)
LTC/BTC pair
If we have a look at LTC/BTC pair... we can see that it went from 0.003 to 0.02... This is incredible! Imagine holding 5 LTC equaled 0.1 BTC! And this wasn't even the top of this pair. ATH was around 0.03.
Right now we are sitting around 0.006.
On the chart, you can see the bearish trend we are about to break in a few days with some crucial levels where Litecoin could struggle a bit.
LTC vs ETH
Ethereum will outperform BTC these few months... That's a fact. BTC dominance is dropping (currently about 46%). ETH is the king of all ALTs.
Firstly BTC goes up... -> ETH goes up -> Big cap Alts goes up -> Small cal Alts goes up...
and right now it's Alts turn...
Look what's happening to Link, ETC, etc. (expecting LTC, DOT ADA soon)
If ETH outperforms BTC and LTC will start to outperform ETH... This means you can outperform BTC multiple times!
In a few days, we should be able to break this bearish trend and go up!
Technical analysis
So in a long-term perspective, We can see a nice channel and leads us to a new ATH pretty soon...
We could hit the resistance and see a pullback to the red area... But I am not selling.
I am expecting LTC to hit minimally 700-1000 this bull run!
In a short term
We are going to hit the resistance in a few days/hours.
There are few scenarios...
1. Breaking the trend and going to search mode! (green)
2. Bounce from the resistance and seeing a healthy correction. (blue)
3. Breaking the trend after the correction (purple)
4. Bigger correction! (red)
Basically, we don't want to see below this red area or below the support!
ltc wait bullish breakout for 20% gainLTCUSD wait for breakout above 738 as indicated on red line ( or around there) to confirm probable nice breakout for 20% or better gains. It may go either way from this point, however if it goes up through support, trend and fib, prospects look nice to setup a boolish buy above fib, support and trend. don't get possible fakeout between trend and support. also not shown long bullflag formed to look for push up as time goes on.
LTC is now the "safe" place for BTC "doubtful" recoveryWhat is going on with LTCUSD lately? Easy: BTC is going again to impractical levels of prices and LTC can easily replace it as the "internet of money". In fact, any coin can easily replace Bitcoin if it comes with a more "efficient" proposal for the Consensus, PoW, Volatility, PoS consistent earnings. We are seeing some efforts to "change" the "immutable" Bitcoin for something better, since the name is a "brand" but lets wait and see if those "changes" are going to continue keeping the Bitcoin (BTC) in its leadership or make it lose its supporters as happened with others that tried to do the same. New chapters of this so exciting novel. I can't wait to see a future with some "real" decentralized currency.
#LTC Litecoin why fib retracement is important to learnMy old #LTC idea was deleted from violating TOS by advertising my telegram channels, but here's the gist:
FIB retracement is a must use tool. I think I have given even enough examples w/ the ellipses for you to understand m poiny.
Ignore the date on the drawn arrows, it's just a few possibilities of where #LTC could end up.
I am expecting a huge bullish run on the LTC begin the 2018 yearHere I have analyzed the LTCUSD digital currency pair and I am anticipating a bullish run. In the previous weeks we saw a huge surge in the crypto currency world and after a minor pull back to gain some momentum this next bullish wave should be pretty intense and extremely rewarding for the buyers