Get started
LTC Perpetual Futures ContractLTC Perpetual Futures ContractLTC Perpetual Futures Contract

LTC Perpetual Futures Contract

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

LTCUSD.P trade ideas

LTC/USD Coinbase Harmonic PossibilityIf you don't know already bitcoin has completed a continuation diamond on the weekly and in terms of scale, most of the cryptos followed it and have their own pops but not every crypto expressed price action of the same kinds of percentages at the least. What I have seen similar to XRP before it exploded a couple of days ago is that LTC seems like it's having an accumulation before a strong move. A squeeze if you will which is a very common term in trading. Now in this case I think it could be harmonic. I don't know if I can validly draw the common or even uncommon bullish or bearish harmonic patterns we know in love but what I can say is that LTC has been creating a mirror of price action for many weeks now. It also seems that we are on the last leg of this structure in theory... which should be creating a little chicken wing if you will to the right, a small triangle or wedge to complete this and we should be seeing strong moves up or down. I have set some possible targets based on what I call structural interruptions. I usually measure like this when dealing with bear or bull flags or diamonds but I can't ignore the possible bus stops we could get due to the slowdowns of price action even after a volume well appears on the left of the structure. If it copies what's left to it 1:1, we should go up and people will consider the weekly a double bottom. If we aren't pretty sure anything that's $60 or below is a buy zone but the $60 dollar mark is like the other extreme of a range where there should be (or not, do you boo) Short orders with stop losses. In fact, my TD Sequential indicator shows exactly where it can land for a possible buy-in marked in blue at its max potential to the downside. That would be roughly $45. Anyway, that's it :)
COINBASE:LTCUSD
by bloodbound696
1
IGNORE THE FUDThere has been increasing Litecoin FUD lately, Ive noticed. I dont listen to it because Litecoin fundamentals have never been stronger, and compared to all the other garbage no one uses Litecoin is actually looking quite sexy to the investor who has eyes to see beyond the BS. Also for the LTC bulls go take a look at the top richest wallets. You will be able to see that the smart investors are the ones loading up as much as they can recently. It wont be long, usually there is a lot of FUD before a major move, and there are so many who are salty because they invested at the top and lost their shirts so now they hate LTC because of it. Ignore all that and know that this coin will be #2 again very soon. Charlie didnt sell his stash because he needed the money. Ho got a whisper in his ear back then about the securities issues that are about to delete 99% of all the crap out there. When that happens guess what will still be around :) Good luck and this is not financial advice, just my opinion. Thank you.
KRAKEN:LTCUSDLong
by Bitgolder
5
Litecoin LTC Dominance Broke DowntrendSomething no one is talking about is the Litecoin market cap dominance. It broke out of the multi year falling channel and has remained above. That I think is quite bullish for Litecoin. The LTC/BTC pair has been in a downward falling wedge since the beginning and now has reached the apex. I think big moves are coming for Litecoin, bigger than most would ever expect. Many people forgot about Litecoin, but its used more than 99% of the other cryptocurrencies out there for daily transactions. It has also gotten the green light from the SEC and the CFTC unlike 99.9% of the other cryptos. Once the hype dies down with all these other projects who do nothing, will never do anything, and no one ever uses, I believe that real world use case cryptocurrencies will make giant gains as money floods out of empty promise and junk no use case cryptos. Call me crazy I dont care, but I still believe that Litecoin will melt everyone face when it goes parabolic, while the current favorites and hype coins bleed out. When you watch mainstream media when they talk about cryptocurrencies, what coins do you see on the screen? Its BTC, LTC, ETH almost every time. Sometimes they throw in the current hype coin but those three are ALWAYS on there. Also which coins did the SEC deem not securities? BTC, LTC, ETH, BCH. Another thing is when you look at the wallets for Litecoin, you will notice whales have been stacking. They arent selling and why do you think that is? Its obvious to me whats about to happen, I just hope that others can read the writing on the wall. September 2023 Litecoin is one of the few cryptocurrencies currently immune against scrutiny from the US Securities and Exchange Commission (SEC). The regulating body sees a handful of tokens, including Litecoin, as non-securities, protecting them from legal claims filed against adjacent tokens such as Ripple’s XRP. Litecoin recently celebrated a new milestone as it saw a “50% increase in the percentage of use on @BitPay”. Litecoin is on a course to further surge as the token partners with PayPal and Ledger to facilitate crypto trading for customers. June 2023 EDX has a number of prominent Wall Street backers. In addition to Charles Schwab (SCHW) and Citadel, the firm’s investors include Fidelity and Virtu Financial (VIRT). For now, EDX’s scope is limited. The exchange only trades Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, rather than the hundreds of tokens that change hands on Coinbase and its competitor Binance. The firm plans later this year to launch a clearinghouse to help settle trades. Its entry into the market is a strong sign that the crypto market’s old way of doing business, where trading platforms profit from providing all those functions at once, is on the way out the door. Even as the SEC’s lawsuit against Coinbase could take years to play out, traditional firms are starting to bring the old rules to bear on the token market.
KRAKEN:LTCUSDLong
by Bitgolder
Litecoin to $5k?? On the above 5-day chart price action has corrected 90% from $400 since May 2021. (Who is selling after a 90% correction by the way? The number of ‘short’ ideas on Tradingview is remarkable). Anyhoe, a number of reasons now exist to be bullish. These are: 1) The ‘incredible buy’ signal has printed. Do not ignore on this time frame. 2) Price action is currently on the 0.786 Fibonacci level. 3) The Cup and Handle formation is text book. The handle is forming a perfect bull flag. A breakout north of $120 will confirm a strong chance of hitting the $5k target. 5) Zoom into the Bull Flag on the 1-day chart (below) price action is printing a buy signal with a higher low on the Golden ratio. Is it possible price action falls further? For sure. Is it probable? No. Those crazy targets suggest, to me, the dollar is in for some kind of reset. I don’t believe for a moment those targets are a reflection of the inherent value belonging to the token. Ww Type: trade Risk: <=6% of portfolio Timeframe: 6 to 18 months Return: 100x 1-day chart
COINBASE:LTCUSDLong
by without_worries
219