LTC 5x any day nowCould be a week, could be a month.
And admittedly there's alot more competition this cycle.
Do i believe we will 5x here? No. Heck dogecoin sucked $8billion from the CryptoMarketCap. And the defi space is also pulling away from the currency coins.
LTC admittedly doesn't have the best use case or LT outlook. But it should at least 2x from here.
I expect $250 from here.
LTCBTC trade ideas
💎LTC - breaking out AGAINST BTCafter bullish ABCD 🚀LTC is having a huge breakout on USDT charts and seems to be heading into the stratosphere against BTC.
Interestingly a lot of institutional investors were talking about switching XRP bags with BCH and LTC during the big XRP SEC debacle.
We'll see if these continue to grow. But the bullish ABCD into the volume confirmed breakout here is EXTREMELY promising!
LTCBTC Bearish Set-upLTCBTC is bearish towards 0.004058.
it has potential to reach even lower to 0.003974
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Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with so isme being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
LTCBTC - correction impulseLTCBTC market after making a fake breakout to the downside has broke back above key structure level and formed a new higher high on the daily timeframe, also on the daily we can see market has formed this nice W formation which is also aligning perfectly with structure, im expecing market to make a correction to go and complete the W at the neckline, then possibly form a new higher high on the daily timeframe with a new bullish impulse.
LTCBTC Gigaflip IncomingThe LTCBTC pair has bottomed out or is close to bottoming out. When the monthly MACD flips, it will induce an LTCBTC Gigaflip. Given behavior in coins like DOGE/BTC showing more strength than ever before, I think LTC may reach a new ATH on the BTC pair as well. Moreover, LTC is available through Grayscale for extra pump potential.
Disclaimer: I don't care at all about Litecoin as a coin. Nothing they can add to it makes it better than a million other coins out there. That being said, a privacy upgrade (mimblewimble) is scheduled for end of Q1, somewhere in Q2 max. Could add to the pumpening but could also delay the starting point until we have confirmation it's making it's way to mainnet.
LTC bullish signs + great volume - someone is accumulating = upYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
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Broken arrowLTC has failed to breakout of downwards trend.
as LTC was already very low capitulation will follow.
If you were a fan I'm sorry , bad news is never nice besides from losing competition is never good.
Litecoin Bullish EngulfingYesterday we had a full absorption with the "bullish engulfing" pattern showing up (highlighted in light blue) on the daily LTCUSD chart.
We also have bullish divergence with the MACD and prices starting to move above EMA10.
This can signal that Litecoin is trying to go bullish.
We also have a lower low compared to Nov., the weak hands have been removed and the stops activated.
This pair can easily move up.
Namaste.