Litecoin might moonBuying the shot outta that ob, sl under swing low. i already took profits on a long from lower so risk free and payoff can be HUGE
LTCBTC trade ideas
LTC/BTC Buy Opportunity 1 WHi Guys we are in possible buy range for LTC/BTC on Weekly chart, please do your own research and this is my opinion only not financial advice
LTC/BTC Buy Opportunity 1 W. Buy at the bottom wait and then sell at the top you can even 400% 500% your BTC thanks to LTC
All the best and happy trading !
LONG - LTC/BTC RSI divergence + weekly cyclic bull run begin soon. Time frame ~ April - August. Profit Targets ~ MAs. Stop loss: below all-time low 10-15% close on the weekly candle.
LTC BTC 1 Day forecast So far we have discussed the long term 1 month outlook, and using the 1 hour chart, we have been able to track the moves coming out of this long term bottom on LTCBTC. In the 1 month chart, we can see the first major wave up as a straight line, but let’s break this potential upcoming move down a bit more using the 1 Day chart. The D and E pivots of the monthly squeeze are illustrated with the red arrows. The price is approaching the weekly resistance line and a break of this should set us up for our targets at .01- .012 BTC at the monthly resistance line for our first major wave of this long term trend reversal. We can reassess this chart after the weekly resistance line is broken convincingly. An entry between .0037 and .00392 might be ideal now. I am not using these charts to sell; but rather to help find entries for people still accumulating.
paypal accepting litecoin as payment optionif you chart litecoin against btc you can see there are still plenty of price levels we have yet to pass before reaching all-time-high
Litecoin - The Beast Will AwakenMuch like we discussed with XRP, Litecoin is also a sleeping giant that is about to awaken as alt season rages on. Litecoin has been forming this falling wedge for over 2 years and has reached a technical level that has served as support in the past. This is a good entry point before we see a potential breakout, and sure towards resistance levels above.
Remember, be patient, stay level-headed, non-biased, and ahead of the crowd.
LTCBTCLTC will dominate all the market once it survives from this falling wedge. Needs to be followed..
Trade safe..
LTC/BTC has me cautiously optimistic I'm observing LTC here as it has decisions to make. Either down, up or sideways. Speaking with fellow traders whom's opinions I respect and have more experience than I have. I've been warned that LTC seems to like to fake out. Thus I'm neutral on this and it definitely isn't a call . I'm not going to let the bullish signs of reversal I see put me in a long bias just yet. Rather I'll be using this as a learning experience and be following it's steps (hopefully gradually stepping up) . As the adage goes "Markets like to take the steps up and the window down".
FA observations:
1. It's been in price discovery for a while looking for it's bottom ;)
2. It's bounced off the support line and may be forming a V bottom reversal and could possibly look to put in a HL from here
3. I'm seeing bulls stepping in and buying these lows
I'm publishing this idea so that I may keep it in the back of my mind and maybe in yours? I do think when LTC starts moving it's going to be one for the books. And with that I would like to wish everyone a happy Easter and do spend this time with loved ones (especially parents, while you still can)
# Obligatory Disclaimer
My ethos at the onset is best described by the following acronym K.I.S.S (Keep it simple stupid) I use this mantra to ground myself, because nobody "outsmarts" the markets, even the legends only had a big brain understanding of them, you will always be the student. Make peace with that fact. Also I'll be sticking with simple charts that show my analysis of assets and won't be cluttering with the indicators I'm using, I'm not an educator. There are many other education channels here on TV and great senpai's curating them. If most of what I said above doesn't make sense, my advice is don't put your hard earned money in ( And most importantly none of this is financial advice, don't come crying and moaning at me if/when you lost your lunch money! )
And with that ladies and gents , always K.I.S.S before you get F'd
LTCBTC - WEEKThis looks like LTC is preparing for a major breakout! If we can break that declining trend line i expect a huge run.
First difficult resistance might be the major supply zone.
For every new follower i will add a new idea :)
LTC to BTC ratio is finding support just like 2017The LTC to BTC ratio is finding support in the 0.00332 area just like 2017. There was a strong bounce in the ratio at this level in early 2017 and the ratio went in favor of LTC most of the rest of 2017.
LTC had a strong bounce today up almost 10% compared to BTC's 2% today. This may be the beginning of a huge move in LTC compared to BTC again just like 2017. I expect the ratio to go to at least 0.011 before hitting downsloping historic resistance.
LITECOIN , sleeping dinosaur about to wakeanything below this support is for buy ! an old support that may start dino season , atr is super compressed , gonna hold a bag
LTC/BTC Cycle lowQuick chart to add on my EOS/BTC analysis I just published.
Check it if you want more details on how to read the above chart.
We are approaching the historical lows.
Will they provide support ? I don't know. I only know it's finally a good time to start looking for trades on LTC and some other majors.
Cheers,
Short term outlookI have recently provided a detailed long term outlook for litecoin. I will now provide my short term outlook. Either Litecoin is forming a higher lower against BTC and a trade above this rising channel should give us a clear target at .00391, or LTC could be currently trading in a bear flag, and make a move back to support.
LITECOIN WILL SURPRISE MANY PEOPLE📥 Wave 1 Exactly Completed At The 3670 PRZ Zone ,At The Moment Seems Wave 2 (Corrective Wave) Completed By The Beautiful ABC Correction
👉 We Expect Wave 3 Could Start From This Point ,If The Price Breakout From The 3670 This Bullish Wave Will Confirm
LTCBTC, party soonFIB levels are working finely, I expect a rush to yellow trend line from Jun.19.
Party will start after price breaks the yellow trend line.
This is not in financial advice.
Litecoin looks ready to roll.LTCBTC Monthly Chart - The red lines represent the approximate halving dates. You can see that goin into the halving, (circled) there is a small rally that ends up collapsing further down post halving. Assuming the higher pivot bottom is in to form (C) compared to (A), we can spot a squeeze pattern forming with potential bullish catalysts in the near term future to fuel Litecoin's bullish rally. Not financial Advice, my own forecast and biased opinion. Bullish MACD cross forming to strengthen the setup. RSI oversold. Buy and hold Litecoin.
