LTCBTC trade ideas
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!
Litecoin LTCBTC - 2022 Year of Litecoin! + Falling wedge- We have a huge falling wedge - reversal pattern on the weekly timeframe.
- Looks like LTC can finally pump in the near future and 2022 can be a great year for litecoin again (make litecoin great again).
- If you take a look at RSI indicator, we can spot a bullish divergence.
- Profit target is 0.618 FIB retracement.
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!!
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.
Litecoin Bullish mode active.?#LTC/BTC Chart Update:-
#LTC trading at 3200 Satoshi
3000 Satoshi is Strong weekly support.
I am buying some LTC here.
LTCBTC still not pumped hard in this Altcoins sessions.
I am expecting big Relly in LtC soon.
Entry:- 3000-3200 Satoshi
Targets:- 5400/8000/15k/23k Satoshi
Stop Loss:- 2800 Satoshi
If hold 3000 Satoshi area then Ready to 5x-7x Profit.
Support:- 3000 Satoshi
Year of litecoin: MOONTIMEName a better looking chart than this one.
Litecoin is squeezed between its bottom (.002875) and the 4 years downtrend.
Breaking this downtrend would likely mean visiting the Fibonacci levels which perfectly match r/s lines.
Oh, and theres a bullish divergence of 20 months in play.
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%!"
4-Year old resistance line may break!LTC has been sinking under the weight of a resistance line that goes back to February 2018--It's also been in a massive Falling Wedge. Breaking this resistance would undoubtedly draw a lot of attention. LTC is a coin we don't hear much about. Many see it as the "little irrelevant brother" to BTC. That may be, but the current state of the charts makes me at least interested in following how this plays out in the coming weeks. It feels worth it to me to enter a small LTC position here. This could pay dividends quickly as it could spike up about 15% (even without breaking resistance).
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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LTC vs BTC altseason notice on airDon't sell...buy more .. OKEX and Bittrex hunter stop losses
stop the hunter stop losses
OKEX and Bittrex hunter stop losses
as always the financial cheaters hunter stop losses
Don't sell...buy more If possible
Trust in me
Unlike everyone here, it's a Veteran speaking
Yes that is financial advice.
record my words,
my words will reverberate for years
Everything in order
Altseason is ready and loaded ready to explode
Here is pure math
Tips for Buy Fast
PMA Pumapay
XDN Digital Note
GAME Game Credits
EXP Expanse
DTA DATA
LTC vs BTC altseason notice on airDon't sell...buy more .. OKEX and Bittrex hunter stop losses
stop the hunter stop losses
OKEX and Bittrex hunter stop losses
as always the financial cheaters hunter stop losses
Don't sell...buy more If possible
Trust in me
Unlike everyone here, it's a Veteran speaking
Yes that is financial advice.
record my words,
my words will reverberate for years
Everything in order
Altseason is ready and loaded ready to explode
Here is pure math
Tips for Buy Fast
PMA Pumapay
XDN Digital Note
GAME Game Credits
EXP Expanse
DTA DATA
Litecoin/Bitcoin (LTCBTC) cross breakout off multi-year lowsGoing back almost a decade the Support between Litecoin and Bitcoin BITFINEX:LTCBTC has held around 0.003. The cryptocurrency cross has come to rest on this level once again and as price action slows it begins to squeeze into a tight range. Price could shoot up off the support and break out of the range. I'll be looking for it to first hit the 50% Retracement if it does go bullish outside the range.