LTCBTC trade ideas
Our objectives are confirmed on LTC / BTC D1Hello traders,LTC / BTC is in a push up, it came to test the last previous resistance zone and shows a failure for the moment.
The RSI shows us that we are in an under-selling zone so the market is currently selling.
This MA shows that the price is expensive now compared to the 200 days that means buyers are not ready to buy LTC / BTC.
The question that must be asked is when and after what strong signal we can get for this opportunity.
Then the gold of the crossing of the MA and it is necessary that it breaks the zone of resistance with force and volume.
Beware of being caught in the whale game and management funds on leverage for a certain market stability especially by reintegrating the trading range.
This is where a lot of movement can happen so you would like very much in view of this.
You could very much regret it, stay careful and follow the plan.
The situation can change at any time.
These are not investment advice but recommendations.
Comment your ideas in the description bars and share!
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LTCBTC at major resistance, major bullrun possibleThis can be the start of a major parabolic run if it breaks above resistance and breakout of the channel. A parabolic run in March was predicted in my previous idea. If for some reason market turns and LTCBTC is rejected at both resistances, then the run will be delayed for a couple of months.
LTCBTC - WEEK 🌗🌗On this chart you see that we pulled back hard but we did retest a broken resistance area, in this case the falling wedge pattern.
If this supportzone holds then i expect us to move back to the next major resistance area.
LTCBTC has still a lot of room to move up like XRP and XLM.
For every new follower i will add a new idea :)
LTC/BTC - A Macro OverviewJust a pattern I noticed charting some dino coins.
LTC entered this these two falling wedges in early 2018, right at the beginning of the bear market. It finally broke the resistance on the first wedge a couple of weeks ago, got rejected at the second resistance right before the crash, and then bounced back off the first resistance yesterday.
You'll notice a similar setup that began in 2013, right after the previous bear market. The last time it broke out of the second wedge resistance was the beginning of the parabolic alt season from 2017. If it manages to break that resistance again we may see a similar outcome.
LTC/BTC reversal- bullish!! [mid term idea] lots of bullish signals supporting the idea that a major trend reversal has occurred for LTC/BTC.
LTC just hit $400 and many hope that it will follow ETH to the moon, especially in lieu of DOGE's unexpected success (DOGE is a hard fork from LTC's blockchain)
Large Cap alts are definitely having a moment right now, and as long as BTC continues to weaken, LTC/BTC will make for a great mid term hold.
happy trades,
CD
LTCBTC 4h ascending triangleAs we can see, LTCBTC formed this ascending triangle on the 4h chart.
In case LTC manages to complete the target to the upside, it could also break the red resistance line which has held for about 2 years. When it does break that resistance i believe we might see LTC fly just like ETH has been doing after breaking its 3.5 year resistance line (ETHBTC).
Watch out for the confirmed break out !
Happy trading !
LTC: Breakout time approachingLTC, as well as the other coins, is printing a really nice structure, ripe for breakout.
Namely, we have a huge bullish divergence in the RSI on the weekly timeframe, while LTCBTC is falling.
LTC is a ticking timebomb, ripe for a brutal rally, same as many other altcoins. We can go as high as the historical falling resistance line which I drew.