LTCBTC - DOWNTREND SINCE 2013 ABOUT TO BREAK We have a resistance line since 2013 , the range we are in is getting very tight and it seems we are bottoming out.
Also the BTC dominance chart looks like it will drop to lower lows, which let me believe that ALTS will outperform BTC , SOON
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LTCBTC trade ideas
LTC there is a very strong bearish case for this coinThe only reason that anyone invests in LTC is to have a kind of leveraged play on BTC, with the hopes of one day it outperforming BTC for a while. Since we might be entering another bear market in crypto and LTC did't do what it was suppose to, which is to pump vs BTC for a few months i suspect that next cycle we might have a potential dead coin on our hands. The only way i will put money in LTC is prior to its halving with the hopes of a pump. But there is a looong way until the LTC halving. If we are in a bear market then which i strongly believe that we will be we might be able to buy LTC at 25 dollats again, or cheaper. Below 0.003 there is literally no bottom for this coin.
LTC, Litecoin, a.k.a Chicken...Deep Value Play MonthlyNot going all in, but in fairly deep now. May add to this position as we go down further. Just looking at the chart, not using "indicators other than RSI" problem is that BTC.D (dominance) is tracking higher, and will probably go higher rather than lower in the near term. Not looking to double my satoshis or anything crazy, but 10-20% gain, 1st target 0.004500 from current levels. I would say near 0.0029-0.003200 would be next major buy level if we get there on the downturn.
Litecoin Aiming For 95%+ vs BitcoinLitecoin Aiming For 95%+ vs Bitcoin
We have a higher low compared to March 2021 for Litecoin (LTCBTC).
We have flat volume with bullish indicators.
95% potential target.
More targets available short-term.
Stop-loss around 0.003350 (either daily candle close or hit), this is the support level.
Potential to move higher and strong move to develop next week if bulls jump in.
This is not financial advice.
Litecoin - Falling Wedge on the Weekly signaling a Monster RallyLitecoin's chart is crystal-clear - LTC has a strong future next to BTC as a store of value. LTC has best most well-defined falling wedge I have ever seen on a weekly chart. I'll lay out some target prices and dates shortly but for now suffice it to say I expect to see LTC priced at 0.02 BTC in the future like I once remember seeing it priced in the past - only this time it won't be selling for $1 a coin, but a thousand times that amount. Ignore LTC at your loss. This one is going to be a monster.
LTCBTC Technical Analysis
⏳ Spot
💎 LTCBTC after the breakout of the resistance will go for a retest and then again will go up. It may go to the Pullback zone before it goes up.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.003650
☕️ TP1 0.003925
🍺 TP2 0.003990
🍻 TP3 0.004070
🍾 TP4 0.004150
🍷 TP5 0.004300
🍸 TP6 0.004440
🍹 TP7 0.004600
🎁 TP8 _________
🚫 SL 0.003350
Good Luck 🎲
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