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LTCBTC trade ideas

LTC/BTC - BB Squeeze—-Pressure is Building.Hello Traders, Questions will be answered this week for LTC/BTC. We have some major pressure building between the squeeze we’re seeing on the chart. Looking at previous BB Squeezes, we can see it was a matter of time before it finally broke to the upside. I want to believe that the MimbleWimble release will be the catalyst to send LTC to the moon. But from my experience, a coin will usually see the effects of news releases in the weeks and days before, so if it hasn’t gone off yet, then it may not provide the effect that we were hoping for. But depending on how well BTC continues to perform this week, will be a good determining factor of how LTC will finish this week and start next week. For now, I am still holding and I will continue to hold until the market tells me other wise. Good luck!
Long
by MarkStPeter
LTC - No brainer - 400%+ (No Laughing Matter) Let's Go!Hello Traders, History doesn't always repeat itself but god damn, I will not let myself once again be proved wrong by not getting in on these historically low prices. I mean honestly, look at the swings, we are at the bottom, just like many times before. Buy low, sell high, it's the mantra all traders live by. Yes, I know, some of you want instant gains, and that's fine, other traders will gladly take your liquidity --- straight to the bank, AKA their metamask wallet... Don't fall victim to FOMO. Buy, hold, and realize. Also, trade with BTC pair, if your goal is to accumulate BTC. Smart money buys with the long game in mind. Accumulate, accumulate, accumulate. Simple. Good luck!
Long
by MarkStPeter
2
LTCBTC huge trading opportunity! Final update.Check out my recent updates for LTC. This is the third and final part. The MACD indicator on the MONTHLY LTCBTC chart looks to have a bullish crossover imminent. This means that there will be a shift in momentum from the downside to the upside. It will be hard to break this crossover due to it being on a monthly scale. My final thoughts for litecoin are bullish and I believe that it will outperform bitcoin in the mid-long term. Best of luck.
Long
by Barrenbull
1
Litecoin 'As above so below' ...the end of a 7 year correctionThis is an update to my last big picture Litecoin chart "For those who can see the Lite shall witness the phoenix ARIZE" (linked in related ideas) which illustrates the potential upside that lies ahead. It is said that elliot wave analysis (when done properly) has the ability to forecast major bottoms (or tops) precisely to the tick. As I have improved my skills over the years, I have personally experienced this. This may be one of those occasions. But enough about me, lets talk about the chart. The above is a 3d chart--lets take a look at things further by zooming in and zooming out. First, the 1d chart can show us the lower time frame conclusion of what, quite astonishingly and beautifully, is a lower degree terminal (waves 2 and 4 overlap) within an extended 5th wave terminal within an extended 5th wave terminal!!! Such is the fractal nature of markets, and at it's core the basis of why elliot wave (and really all forms of TA) work. Also, a nice bull div on rsi: Next, zooming out, we have the big picture on the 1 week chart. Here you can see we have concluded a 7+ year correction...meditate on that. Also, note the massive bull div on RSI (other bull divs as well not shown): Welp, I got my popcorn ready. Wouldn't surprise me if she starts out nice and slow then things get real wild as we eventually start breaking all the previous major highs on the ratio, regardless I'd say the bottom is in. gluck
Long
by ltc-joe
26
LTC once again bounced off of trend against BTCLTCBTC once again bounced off a trend line against BTC after riding a breakout downward. This is roughly the fourth time this bounce occurred in the past month and a half. The first two instances triggered good trends for BTC and the last instance signaled the end of the latest retracement. Here is hoping it is a good sign for both BTC and LTC once again. There is still a possibility for it to fizzle out (like it did somewhat in late February, particularly if BTC takes a dip), but it is also a possibility that it could be leading the trend once again for BTC once again, so I figure it is something to keep an eye on in the case that it continues to rise.
Long
by crypto_trends
LTCBTC low risk areaLTC could outperform Bitcoin this year if history repeats itself and we are currently at an area where it's easy to manage risk. I've been looking at this chart for quite a while now and finally decided to pull the trigger today. It honestly looked even better mid-Februay when we had more help on oscillators but argument for bullish divergence and falling wedge is still there and it's hard to pass on something with so obvious seasonality painted all over the chart, especially when it's near all time lows. Most importantly though I think fundamentals on LTC are getting stronger and with news lined up starting later this month it just might get the push it needs to break out.
Long
by Ravich000
ltc Falling WedgeLTC has been forming a falling wedge pattern since June 2019 against BTC pair on the weekly chart If it breaks the wedge bullishly we can see ltc targetting its All time high AGAINST BTC. WE Also have the MIMBLE WIMBLE news on the fundamental side so a BULLISH BREAKOUT looks imminent to me. PLEASE CORRECT ME IF I AM WRONG I AM A NEWBIE IN TECHNICAL ANALYSIS IF YOU THNIK MY IDEAD IS WRONG IN SOME WAY PLEASE DO CORRECT ME I WANT TO LEARN MORE PS: I AM NOT ADVISING YOU TO AKE THIS TRADE NOT A FINANCIAL ADVISOR
by l360_again
3