New Target for LTC/BTCNew targets are 1.295 and 1.618
It doesn't mean that LTC/USD will go down.
But I suspect BTC/USD will go up and riding high in April.
BTC Dominance has to hit .618 (at around 60%) in order for alt coins to go up higher against BTC.
Otherwise, Alt/BTC pairs will go down building new lows 😃
LTCBTC trade ideas
LTC/BTC is looking weak After the correction in the crypto market, I'm seeing weakness on LRC/BTC pair.
Current 4H and Daily are trading, retesting and closing under weekly support. Potentially can go double bottoming soon.
I will no longer try to find the bottom, it's very tricky to find the bottom on a chart that creates new bottoms 😄
Maybe we have to run out of BTC first in order for LTC/BTC pair to start appreciating 🤔
LTC BTC RATIO IS ABOUT TO REVERSE AND GO STRAIGHT UPMarch 1st 7 years ago this exact thing happened as soon as Bitcoin broke the high. Lets see if history rhymes. It may just look like a bunch of lines but these lines are all trendlines. many times price falls right into where X marks the spot. The more trend lines that go through that price the more likely the price will retrace to that exact spot and time. This is not financial advice. Good luck out there.
LTCBTC poking its head out, breakout tradeWe've closed a daily candle after solid breakout, which means we're now going to the moon.
I honestly think LTC will be one of the best performaers in this bull cycle.
The bottom was in (you can see significant volume and it was a V shaped recovery) and now we'll be making our way up.
The only thing that could ruin this party (as always), is if BTC makes a sudden breakout to either side, that will most likely invalidate this chart.
Get involved!
Doge/BTC vs LTC/BTC The small image is an 81% drop from Doge/BTC in 2019-2020 before the spike up.
LTC/BTC just did a similar 81% drop move.
These are 1 month candles. So don't expect for price action to happen tomorrow 😆. But LTC/BTC surely is within the bottom.
LTC/BTC can go up anytime in March - April and you'll drop your jaw.
LTCBTC Potential ReversalLitecoin has maintained a persistent downward trend against Bitcoin, but today's observation brings a potential turning point into focus. A discernible rebound has occurred, precisely off the 441.4% Fibonacci support level, hinting at the potential conclusion of the decline.
To solidify this potential reversal, it's imperative to monitor the daily close, ensuring it remains above the 0.001341 support. Should this condition be met, LTCBTC could be preparing for an upward surge toward the 61.8% Fibonacci resistance. Notably, this level aligns with a previously established supply/demand zone, adding an extra layer of significance to the potential reversal scenario.
*LTCBTC* Here is LTC Chart. - Spot Trade - CPM 0.001361Litecoin's journey against Bitcoin has largely been marked by a persistent downward trend, yet today's observations hint at a potential shift in momentum. A noticeable rebound has materialized, precisely rebounding from the 441.4% Fibonacci support level, suggesting a possible end to the decline.
To validate the likelihood of this reversal, close attention must be paid to the daily closing prices, ensuring they maintain levels above the 0.001341 support threshold. Should this condition hold, LTCBTC could be poised for an upward surge towards the 61.8% Fibonacci resistance zone. It's noteworthy that this level coincides with a previously established supply/demand area, amplifying the significance of the potential reversal scenario.
LTC/BTC will go upThis is the 3M LTC/BTC chart.
If you look closely, every 3M candle touches the MA support band.
The current 3M candle has been trading away from the Support band.
The current 3M candle is for January -March, and currently is February.
We have less than 2 months for LTC/BTC pair to get back to the support band. AKA Litecoin will strengthen over Bitcoin in the next 2 months or less.
Litecoin getting privacy features and is available on PayPalLitecoin looks good on the TA
Mimblewimble (privacy) will get launched for it.
It's available on all exchanges.
Paypal allows trading it on their platform. It could be the only coin with privacy features on many exchanges, which would make it really appealing.
Coinbase have ties to Litecoin's founder, the recent IPO hype could spillover to Litecoin as well.
MASSIVE LTCBTC breakout/re-test trend reversalAlnog with hidden bullish divergence, we're looking at a massive breakout.
With the ETF approval being another 'sell-the-news' event (so predictable...), BTC is going to start dropping, LTC will keep USD value which means LTCBTC will go up.
Invalid if re-test fails and breaks back down to downward channel.
Share your thoughts in the comments section!
LTC to Outpace BTC Next 6 to 7 months (LTC/BTC)LTC/BTC can increase over 100% over the next 6 months.
1. Ignore the price.
2. Look at the RSI.
3. Analyze RSI cycle patterns.
4. Sell Litecoin in June/July 2024. Now look at price.
5. High five!
I'm not sure if anyone else has broken down this cycle this way, but it makes the most sense to me. Very unconventional, but it works for me. RSI rules everything around me. #RSITheory
LTC / BTC Trade with clear invalidation and take profit levelsI am suggesting we are on the brink of a larger move upwards for the LTC/BTC pair over the next couple of weeks. If you take a look at the move beginning Friday June 10th 2022, you'll see that we viciously broke through this weak resistance level.
LTC/BTC Litecoin Bitcoin Chart Looks So BullishLitecoin is retesting the top of the channel/falling wedge that it broke out of about a year ago today. As long as LTC can stay above this then I think we are about to rocket up in the LTC/BTC and LTC/USD pairs. Litecoin is really about to catch fire and take off. Hold through the FUD and shlt talk about Litecoin. Litecoin is about to swallow everything above it on coinmarketcap including XRP! This is not financial advice this is just my opinion.
I did a LTC/USD chart analysis as well. I will link it below
LTCBTC (litecoin)hi dear trader
there are two take profit on this chart ... litecoin with btc pair
Litecoin might hit the $1000 price level by the end of 2025
Litecoin implemented a different algorithm that requires a lower hash rate for miners named Scrypt. As a result, Litecoin miners need less energy and effort to process transaction blocks, increasing the block times to about 2.5 minutes. For that reason, Litecoin is often called silver, where Bitcoin is gold.
What is the difference between a trader and a crypto holder?
Day trading is a short-term and high-risk strategy where crypto investors buy and sell cryptocurrencies on the same day to profit from rapid price swings. Hodling is crypto slang for buying and holding cryptocurrency to profit from its long-term value appreciation.
goodluck
LTC/BTC - Litecoin: Super Trend◳◱ On the $LTC/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.002132 | 0.00227 | 0.002497 and support near 0.001905 | 0.001816 | 0.001589. Entering trades at 0.002031 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Litecoin
▣ Rank: 18
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Payments - Currencies
▣ Overview: Litecoin is a fork of Bitcoin's codebase with four times faster block times and a four times larger supply. The project considers itself complementary to Bitcoin as a silver to Bitcoin's gold. It is often used as a pseduo-testnet for Bitcoin, adopting new protocol changes before they are deployed on Bitcoin.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.002031 ₿
▣ 24HVol: 110.878 ₿
▣ 24H Chng: 2.421%
▣ 7-Days Chng: 3.66%
▣ 1-Month Chng: 8.87%
▣ 3-Months Chng: -13.40%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.002132 | 0.00227 | 0.002497
◢ Support: 0.001905 | 0.001816 | 0.001589
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 3.44
▣ Last 90D: -0.90
▣ Last 1-Y: 0.44
▣ Last 3-Y: 0.58
◲◰ Volatility :
▣ Last 30D: 0.36
▣ Last 90D: 0.49
▣ Last 1-Y: 0.74
▣ Last 3-Y: 0.97
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.57 - Bullish
▣ In-depth LTCBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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