#LTCUSDT #4h (ByBit) Broadening wedge breakout & retestLitecoin pulled back to 50MA support where a bounce seems likely, eventually leading to a bullish continuation.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (7.0X)
Amount: 4.8%
Current Price:
72.06
Entry Targets:
1) 71.83
Take-Profit Targets:
1) 80.39
Stop Targets:
1) 67.54
Published By: @Zblaba
CRYPTOCAP:LTC BYBIT:LTCUSDT.P #4h #Litecoin #PoW litecoin.org
Risk/Reward= 1:2.0
Expected Profit= +83.4%
Possible Loss= -41.8%
Estimated Gaintime= 5-10 days
Mimblewimble
$LTC/USDT 2D (#BinanceFutures)Descending trendline on resistanceLitecoin is approaching overbought territory and seems likely to be rejected on 200MA.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 10.1%
Current Price:
81.93
Entry Targets:
1) 83.61
Take-Profit Targets:
1) 65.01
Stop Targets:
1) 96.04
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +44.49%
Possible Loss= -29.73%
$LTC/USDT 3D (#Bybit) Descending trendline breakout & retestLitecoin regained 200MA Daily support and seems ready to head back up towards 100EMA.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (1X)
Amount: 9.1%
Current Price:
62.63
Entry Zone:
61.18 - 54.30
Take-Profit Targets:
1) 72.98
2) 84.46
3) 95.93
Stop Targets:
1) 44.99
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +26.39% | +46.28% | +66.14%%
Possible Loss= -22.08%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1.7x
Estimated Gain-time= 3-5 months
#LTCUSDT #PoW #MimbleWimble #Blockchain #Dino #Mining
Websites: litecoin.org litecoin-foundation.org
Mimblewimble, Litecoin's newest network Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022
We look at the logarithmic chart
LTCBTC is trading near the lower support line of the descending channel, against the backdrop of good news, I expect a rebound to the middle line of the channel, and possibly even to the channel resistance line.
Current LTC price 70$
Best regards EXCAVO
Mimblewimble & Litecoin's Textbook T.A. launch TriggerMimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022, just 4 days away.
We have seen a multi-year decline in Litecoin's ratio versus Bitcoin. This is very similar to the declining imperfect resistance line, we had seen in the 2014-2017 period. This alone from a pattern recognition perspective is interesting but the sole reason to be entering this trade. I believe this swing trade is reaching the ideal entry zone, due to an almost identical bottoming pattern that we have witnessed.
We have seen a very similar pattern highlighted by the Orange and Green circles.
>>> The Orange Circle highlights the break out of the multi-year declining resistance line. This is followed by an around 30% decline in the ratio, in a short period of time.
>>> The Green Circle highlights the bottom area, from where the LTCBTC ratio finds support on the declining resistance line. This was followed by a large move to the upside in the 2017 example. This is a textbook trading signal of a reversal.
I believe their is a 5-7x potential return on this trade. Ratios can even fluctuate in sideways markets, this makes this ratio trade particularly attractive in this volatile environment. Potential to profit on the LTCBTC ratio 5-7x, plus the predicted rally in Bitcoin over the next year (30->150k?).
LTC/BTC - BB Squeeze—-Pressure is Building.Hello Traders,
Questions will be answered this week for LTC/BTC.
We have some major pressure building between the squeeze we’re seeing on the chart.
Looking at previous BB Squeezes, we can see it was a matter of time before it finally broke to the upside.
I want to believe that the MimbleWimble release will be the catalyst to send LTC to the moon. But from my experience, a coin will usually see the effects of news releases in the weeks and days before, so if it hasn’t gone off yet, then it may not provide the effect that we were hoping for.
But depending on how well BTC continues to perform this week, will be a good determining factor of how LTC will finish this week and start next week.
For now, I am still holding and I will continue to hold until the market tells me other wise.
Good luck!
LTC - No brainer - 400%+ (No Laughing Matter) Let's Go!Hello Traders,
History doesn't always repeat itself but god damn, I will not let myself once again be proved wrong by not getting in on these historically low prices.
I mean honestly, look at the swings, we are at the bottom, just like many times before. Buy low, sell high, it's the mantra all traders live by.
Yes, I know, some of you want instant gains, and that's fine, other traders will gladly take your liquidity --- straight to the bank, AKA their metamask wallet...
Don't fall victim to FOMO. Buy, hold, and realize.
Also, trade with BTC pair, if your goal is to accumulate BTC. Smart money buys with the long game in mind. Accumulate, accumulate, accumulate.
Simple.
Good luck!
LTCUSD Mimblewimble Pump to $262This is an update from my previous Litecoin read where I said $218 was the next long target placed at the 2018 local high. When Litecoin follows the path Bitcoin and Ethereum have been taking on this reversal, its going to hit the weekly resistance at $262.
From here, I wouldn't be surprised if Litecoin sees the rest of this week in accumulation either after wicking off the $218 level or coming back down and retesting the $183 level before breaking out of the valley formed from the previous dump.
This upwards channel is the bottom in terms of price for Litecoin, for months on months we've seen this channel very well respected for LTC with only minor dumps down into the channel.
Litecoin could get squeezed in between this channel and a level of either support or resistance until it breaks out upwards. It is only a matter of time before it breaks out to the upside. Also to note, MimbleWimble on LTC live March 15th, 2021. So at the end of this week there is news that is perfectly timed to the price action of Litecoin... coincidence?
What is Mimblewimble?
Mimblewimble is a blockchain protocol that allows for a completely private transaction platform through a unique security framework that is markedly different from that of the pseudonymous Bitcoin cryptocurrency. In Mimblewimble, there are no addresses and transactions are fully confidential.
Thank you traders for all your continued support whether it be a like, comment, or follow. I appreciate all of it and will continue to give you all my views on the market. 🥂
Litecoin will blow minds Mega Pump comingHistorically Litecoin in every bullrun have a big pump against Bitcoin, seems to be the right moment due fundamentals and technical analisys to load up hard into Litecoin, u could convert 1 Bitcoin into 10 Bitcoins this Alt will grow X 10.
This is not financial advise, all posted here is my humble opinion. Remember Crypto Market can be risk dont invest more than you willing to lose.
Litecoin LTC Breaking outLTC is set for a big run both technically and fundamentally. LTC is not far off its low at this point and looks like a sleeping giant. Everyone talks about ETH and its true Ethereum is a juggernaut and will see significant upside. Litecoin is flying under the radar. This setup is ripe. Litecoin anywhere under $50 is an easy 2x in 3 months with the possibility of 3-4x. Litecoin blazes the trail for Bitcoin.
One weekly close above the 200 EMA is all it will take for this one to 2x and then some. Litecoin could have an explosive rise in August.
How I plan to trade this...
Look for the Metroyska doll style nested H&S formations. Buy on the neckline on the way up and sell on top of the shoulder on the way down. The stage is set for 3 jumps up and based on past performance 3 down. Stick to the daily charts and longer time frame. I will post another chart in the future detailing this.
Enough of the technical lets look at whats coming. One word "MimbleWimble" The groundwork has already been laid for implementing this hot new security protocol. In order to get there the project team needed to update the core code as well as the lightning network code. Both of these tasks are completed, in production environment, and running smoothly. The team is looking to release an update to the test network in September. Take a look at the new articles linked below for more details.
litecoin.com
litecoin.com
litecoin.com
GRIN / USDT Mid to Long Term Hold IdeaGRIN is one of the underrated tokens out there. This might be a good idea to acculumate more Grin when it is sale for cheap for the moment. It already tested targets stated in the chart before so it might not be too hard for it to test those levels in a possible ALT season. Put your stop losses in place.
GRIN will make you GRINHate reading sentences? You should work on that. Here's bullet points on why I believe holding GRIN under $10 is a good long term strategy.
Is like bitcoin, but with privacy.
Similarities to bitcoin: no pre-mine, anonymous founder, PoW, not an ICO
github.com
Strategy:
Buy dips under $10
Have sells at $10-13 to 'lower' your buyin
Buy more dips when it eventually tanks below $10 because someone is accumulating
Alternatively, buy on (if it happens) the newly appointed titanium support of yearly ATH
Be patient
GRIN/BTC it's only beginningHave you secured a nice long term hold bag for GRIN? If not, you maybe have forgotten, that $GRIN is entirely donation funded, and there is no pre-mine.
Either way, it's use case is in development with plenty of funds, and yet to be implemented into major major works. Don't sleep on this, DYOR.
GRIN/BTC - Daily TF (Locking in profits!)GRIN looking promising! A few factors here show a less downward angle, and lower lows are slowing. I've got in 52k - 54k Sats , but as my chart shows the bullish and bearish line for the week. Ultimately what's going to turn me bearish is if it closes below Last Week's Low. But until then i'm hopium on a strong ticket to the upside. 2 days until the week closes. Check back then.
Cheers