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LTCBTC trade ideas

Broken down trend After years of losing ground to BTW LTC is showing signs of recovery. as shown here LTC was able to climb up against the strong BTC and is at the brink of breaking its downtrend. if this happens it's going to be as shaken champagne because this trend originates as from beginning 2018. As a true crypto currency and not a S-Coin and because LTC has four times more coins then BTC ,it had the potential to be 25% the value of BTC. certainly now Crypto currency are becoming accepted on the short term a 25% recovery would not be a surprise to me but it has the potential to take back much more think 100% or more. Also LTC is one of the few Currencies that's on Binance US with an BTC pair , meaning if it's start to go it goes crazy like XRP sometime,s does. the difference is that is a true S-coin and a danger to the sector while Litecoin can be considered save.
by spaghetti-M
LTCBTC year long wedge breaks upwardsIt looks like LTCBTC has managed to break resistance of a wedge that has been forming since 2019 (blue dashed line zoomed in, see my previous posts for details about this resistance level). There is still a bit of resistance above the current ascending channel (dotted yellow line), but the target now looks to be a much longer "years-long" wedge that has been forming for quite a while. Due to the distance between these wedges, there is still quite a bit of potential for LTC to continue its push against its older sibling BTC over the next few months, so it definitely looks like a good trend to watch for anyone following LTC.
Long
by crypto_trends
History tends to repeat at the 300 MAOld but not very seriously taken Litecoin is about to show its face. today while btc has made an new high again LTC is gaining against it. I've been looking at it for days and am now almost sure it will gain at least 80% against BTC. taking back what was oversold to BTC. as LTC has 4 times more coins it has the potential to be 25% of BTC's value. of course that's not what we can expect but as crypto is being taken more seriously today, I believe Litecoin is still undervalued while most are overvalued at this time of writing.
by spaghetti-M
1
LTC/BTC LONGLooking at pair LTC/BTC we can spot an amazing opportunity. Litecoin basically floored at 3260 satoshis which the lowest it's been in over 3 years. We can see it is forming a nice cup and handle pattern with the upper resistance line creating the neckline of the pattern. A break above 5000-5300 satoshis (weekly resistance) would result in price going back to 7000+ satoshi. Next thing we can see is price moving above the 200 day EMA (red line) which is bullish. We are now retesting the 200EMA... . With Bitcoin dominance falling lower I can see LTC/BTC growing massively. Volume is kicking in, let's see what happens. Not financial advice , just sharing my opinion.
Long
by MisterM03