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LTCXBT

LTCUSD: Why should we love Litecoin too? 😃 Hello my friends! Why is Litecoin a good addition to Bitcoin? Litecoin has Lightning for instant transfer and Atomic Swaps for cross-blockchain trading. Litecoin is a pure cryptocurrency like Bitcoin. It was created based on the Bitcoin protocol. It has a low block time and low transaction fees. Litecoin is one of the most widely accepted cryptocurrencies, because of its speed and cost-effectiveness. 100% uptime. Around 67 million LTC have already been mined. The maximum is 84 million (year 2140). It is interesting to see how the Litecoin price behaves before and after halving. That's why I've included Litecoin's halvings in the chart. Of course, Litecoin is also dependent on Bitcoin dominance, but it always seems to behave like a cup with a handle. The halving is in nearthe middle in terms of time. It is also interesting that a first upward movement ends at 1,618 to then reach the halving top in the area 3,618/4,618. Accordingly, the halving top this time could be at around 2,500 USD, but at least at 1,000 USD imo. -- Let's see what happens. Happy trading. :-) --
KRAKEN:LTCUSDLong
by BTCINVESTING
84
ALTS WILL ONLY LOSE.After the LTC fork, we saw btc going from July lows of 9100 to 12000. Ltc saw some downside in terms of bitcoin which should continue for the next few months. BTC dominance is at the highest at 68% at the time of writing, aiming for 80% which seems to be the likely scenario at the moment. Futhermore, eth/btc will drop to sub 0.015 levels (0.019 at the time of writing) ALT Season is still very far, maybe by the end of the year we see the start of alt season or at the beginning of 2020 (could also be postponed to mid 2020).
Short
by djputt100
LTC Gaining MomentumAs the crypto market begins to gain some bullish momentum, it creates multiple new trading opportunities for us all. Above is my current support and resistance chart for $LTCBTC It appears the LTCBTC pair has finally broken multi-day resistance and is currently retesting for support. IF support is held, I believe a second and maybe even third strong leg could be around the corner. My possible target zones are shown on the chart above. I hope you all found this chart interesting and maybe even a little helpful! Once again, I wish you all the best of luck! DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Long
by oh92