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LTCBTC trade ideas

LTC/BTC 4HOUR UPDATEWelcome to this quick LTC/BTC analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- LTC/BTC Triangle pattern create to buy the dip and retest green zone Entry:- buy green zone Traget:- 20% to 25% Stop loss:- 21MA Yellow line downside candle close Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
LTC/BTC reaching end of its 4 year pattern!Litecoin dominance has been a downtrend for four years by the end of February 2022 the pattern will break. As you can see even though its not the perfect Gann placement we still get very good reactions off the 4/1. Also not sure how the MFI is exactly working on the dominance chart but it is so we can clearly see that it does show divergences pretty accurately. We created bullish divergence a while ago but still remained on a downtrend maybe its lagging this time round but normally its pretty accurate. Out of all the coins I follow and chart this one for me is the most interesting , whats going to happen after this pattern breaks? This is not a small developing pattern its been years in the making a break to the upside could send ltc to new places. I have a gut feeling something big is coming and its the "dino" coin coming back from the grave! key: "dino" = Dinosaur Coin Dinosaur =Dinosaurs are prehistoric reptiles that have lived on Earth from about 228 million years ago.
Long
by Sporia
12
This could be a very big year for LitecoinLooking at these charts tonight, and I am so used to these day comparing LTC/USD. After trying to hedge LTC/BTC since 2017 hay day (for me). Its been a slow down hill trend for many years, but I think you will agree with me that with certain recent announcements with Mimblewimble, as well as a break out in the LTC/BTC long term down trend. We could very easily see numbers as high as .023 BTC or much higher I feel, at some point this year. Something really has to give. Might be a pipe dream, but something to keep watch for.
Long
by Haji420
2
LTCBTC pair shows that we are nowhere near the top of this cycleI first bought LTC in March of 2017. LTC runs hard and fast with the other Alts with BTC is hot. Look at the price action in LTC when BTC hit 69k LTC as compared to the previous blow off tops. The EMA Ribbon did not even flip green on the weekly chart. I see big upside with the current price @ 0.0035. In the next leg up, it "could" go 250x if it were to reach the Feb. 2018 high of 0.25. That will never happen since we near darlings in the top 10 with great projects like SOL and AVAX. So, to be clear, I'm not saying it will go 250x, but I do think climbing 10x from here is extremely possible, even if BTC tops at 120k this cycle. It is good to plan exit strategies and stick to them, rather than getting caught up in all of the hype. Happy Investing, Teleon
Long
by teleon7
1
If Litecoin Will Outperform BTC, Will BCH Outperform LTC?I noticed a lot of twitter talk on the LTCBTC ratio chart about to breakout. A very nice looking chart pattern. My question is if LTC is about to outperform BTC, why not BCH outperform LTC? It seems to be forming a similar pattern to LTCBTC. They are both highly correlated cryptocurrencies as well. Both LTC and BCH seem to have fundamental catalysts that could push them higher. Mimble wimble upgrade for LTC, and the SmartBCH sidechain for BCH. Will be interesting to watch how it plays out. Please comment. Thanks!
by jaepayne
3
Litecoin massive move ahead!Litecoin is on the verge of breaking an 8 year downtrend against bitcoin. This could lead to an absolutely ridiculous move occurring over the next few months and potentially up to a year. The trend line has been well tested and historically speaking when litecoin breaks out against bitcoin it tends to run hard and fast. Be on the watch for a break of this trendline as it could mean it's time to pack your bags. If this comes to fruition the price of litecoin could be poised to outperform bitcoin by a factor of 7x in the near future. A measured move would bring us into resistance at around .025. At that point I would be taking profits into bitcoin. Good luck!!
Long
by kg_sol
9
LTC - close to end multi-year correction against BTCHere is what I am observing. Close to breakout from main descending (3 years long) resistance line. 2,5-year long bullish divergence on MACD/RSI. 2 years of accumulation. Forming rounded bottom. Finishing of ABCxABCx12354 correction pattern from the beginning of LTC. Double bottom formation. The last couple of weeks has almost zero volatility (silence before the storm). Targets are based on a fib. retracement levels of the last correction wave with the possibility of the top at 0.035-0.04 BTC.
Long
by Vertolka
3
LTC - Will it start the next Altseason?Whales/elites will not miss any opportunities into making money. They simply buy the fear, hype up the market, take profit and crash it again after taking profit. Instead of beating then, lets ride with them! ;) Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short-term dips/rise. Short term is irrelevant for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News is manipulated by the elites, and they take advantage of our emotions. Stop listening to the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions! Facts: 1. BTC.D (Bitcoin Dominance is falling and LTC may start the biggest Alt season ever! 2. Stochastic RSI - We have crossed bullish November and momentum is bullish! 3. RSI - Highly oversold on the monthly! 2015-2017 is eerily similar to 2018-Present time! (Orange circles!) 4. We broke out through falling wedge! in 2017, after hitting yellow dotted line, we skyrocket to ATH! "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
Long
by jaydee_757
6