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LTCBTC trade ideas

Litecoin continues to gather momentum to the upside.Following on from the LTC/BTC trade I posted a few days back. I believe we are seeing a building of momentum to the upside. Examining the daily candles, we are seeing continuous strong green candles. I believe that this is a great consolidation zone to accumulate litecoin cheap. Although not financial advice the way I have undertaken this trade is using Binance cross 3x LTC/BTC. This is one of my strongest conviction swing trades at present. I believe the underlying risk to the downside is limited to a low risk level. With large upside if this trade is undertaken and pushed by larger market actors. Litecoin also has a significantly lower market cap than most cryptos being pushed in the market.
Long
by FortunaAlgoAnalytics
3
LTCBTC Falling wedgeMassive potential on litecoin, if it manages to break out of this falling wedge structure on the weekly timeframe that has been building since februari 2018. Pretty easy to manage risk on the downside especially if your getting in on the lower bound of the wedge. Alternatively wait for the break or of course scale in slowly and add when conformation is given. Area to flip for support shown in red. RSI is building pressure in a triangle as well and showing bullish divergence. Targets are clear from the weekly closes, and depending on where the break happens total potential for this falling wedge is about 450%. Good luck
Long
by wjstienstra
1
🔝LTCBTC💥WHAT IS LITECOIN? Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Long
by MiguelFTCurado
5
LTC/BTC Pair: Monthly ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for the LTC/BTC pair. The chart is self-explanatory. LTC/BTC pair is at the apex of the descending wedge and there may be a major move coming within a month. Check out my LTCUSD chart review below. RSI and MACD also ready to make a move! If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics
5
104 months of LTCBTC price actionAs time goes on and Bolinger Bands of this chart get tighter over time, a possible significant price movement is expected, following news related to Litecoin adoption. Many times before in the history of Litecoin we did witness explosive price surges following the news (i.e. fake Walmart announcement). Currently, in the areas of ALL TIME LOWS, Litecoin presents some lucrative opportunities for patient SPOT BTC traders who follow capital management. Leverage trading at this point is rather not recommended. Incoming volatility and possibly large incoming volume might result in long shadow wicks on lower time frames.
Long
by crypto_poet