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Soz 4 posting LTC again on BTC minds but I was just looking at a bunch of different timeframes 4 my favourite little stupid cryptocurrency and THIS pops up & like that's just so gnarly, that's the Undefeated Champion Of Crypto Bears walking into the ring with no expression; just rolling their necks & cracking their knuckles.

ARE WE about to role the 1/12 structure that suggests the low we've just put in on the 6th of April could potentially be the equivalent of the March 2020 low that led to the beginning of QE, marking the bottom for ETH/BTC, which was then able to rally to 0.08, DESPITE a significant move up for BTCUSD!!!???

One more hit for ETHUSD would likely have ETH/BTC tap the same low it did that coincided with the beginning of QE.

Is it ONE (ROUGH!!) signal on ONE chart for ONE alt that I wasn't even looking for? YES!
But it did entertain me enough for me to try and find more confluence, and there is enough for a strong case to be built, that a "true" alt-season could be triggered in the next couple of weeks/months, a genuine collapse on BTC.D, a stupid amount of money being poured into any and every alt, billions being lost buying the top and selling 2% pullbacks and buying the next high again.
THE BLOW OFF TOPS!
The ALT/BTC pairs that have been bleeding against BTC for the last 8 years get to see their charts REVERSE!

Some other charts that I forced confluence on:
ETH/BTC on any timeframe.

ETH/USD - 2D (It doesn’t have to be, I just like it because it aligns with what I’m saying better and hides a lot of the damning flaws that appear on the others)

LTC/BTC – It is possible that it goes lower. But that chart screams bottomed, it could just stay there forever I guess, but that DOES NOT work with the narrative of this post, SO we will ignore that.
INSTEAD, LTC/BTC Seasonals over the past 8 years suggest a NON-ZERO chance of a significant bounce!

VERY! IMPORTANT! TO! NOTE; and the actual purpose of the post - because there is a good chance that in the near future we will see alts outperform BTC. We will see the headlines screaming that ALT SEASONS HERE, and this time they'll be right.

But an alt-season does not mean that every alt goes parabolic immediately, I haven 't checked and will not check because I have spent too long on this already, but in the past I'm pretty sure alt-seasons have technically begun long before the lows are in for BTC, and usually the market as a whole - but because alts bleed SO HARD while oscillating BTC - whenever it is NOT an alt-season, liquidity from alts continues to flow into BTC as it goes lower and lower, which leads to 90% of ALT/USD pairs bottoming out wayyy before BTC/USD, a HUGE amount of poorly protected leveraged shorts being piled onto alts that are just ranging or hanging around their USD lows being supported by institutions/whales/whoever I'm trading against, waiting for BTC to finish the move down.

That is something that is important to remember, alt-season can begin and there's a good chance that prices across the board continue to go lower for a while, everything can still crash, everyone can still be miserable. But if navigated properly, it could lead to one of the better opportunities we'll see in a long while.

WHO CAREESSS Stick em UP TAKE US down IM READY
Snapshot

LTCUSDT.P LTCUSD At the very least I have to give respect to this channel until it no longer does what it has done for the past 8 years.
Can be aligned to find a more accurate price for entry, but it's 4AM for me so I won't.

I think averaging in here would be fine, for spot the worst case is that you'll have to endure it in the red for a while, but not a bad price to enter at all, I think whatever relief rally we do see from here would end up being somewhere between 50-60% in the short term, and we all know that Crypto likes to overshoot.
Breaks above are followed by breaks below; a permanent loop of sweeping everyone, it is beautiful, relentless, and methodical.

I am not saying that it will or has to continue this way, or has to turn around here because it broke below. It is a line and the line is very likely not in the right spot that the big money will use.
It could take the Aug 2024 low first, or even the June 2022 low, both of which would hurt.

Risk to reward looks good, but for sure needs to be either managed meticulously (if high leverage) or more realistically needs to be a trade that you can be comfortable ignoring and not worrying about in the case price reflects the uncertainty for a while longer.

In my opinion, low leverage or spot scaled entries have a good chance to be pretty rewarding here, I'm doing higher leverage so that I can scale in more aggressively if it does go lower, but have added significantly to the margin to move the liquidation price to a safe point.

As things become clearer (hopefully I can become more confident that a lows in for a proper rally) & I'll move some of what I added to the margin into the position size.

The worst case I can see is into the 40's, and while that sounds dreadful I am prepared for that (as long as it's an impulsive thing rather than a grind down).

For long term positions or adding as an investment rather than a shorter-term leveraged trade, it's at the VERY least worth some consideration.
Snapshot

LTCUSDT.P LTCUSD I'm so back let's go baby it ain't over til it's over (the last two times I've gotten hyped it has dropped 30% in the following two days)


LTCUSDT LTC is currently trading within a well-defined wide range, bound by a strong support zone near $63 and a resistance zone around $130–$140. The price has once again bounced from a rising support trendline that has held firm since 2020, confirming its significance as a long-term bullish structure.

Each time price approached this rising trendline within the support zone, it has historically led to a reversal or a strong upward move. Currently, LTC is showing signs of support around this zone again, suggesting the potential for another bounce.

However, the range-bound nature of the chart implies that until a breakout above resistance or breakdown below support occurs.

DYOR, NFA SOLUSDT LTCUSD
Snapshot

LTCUSDT Crypto was never in a true bear market (like 2008). This really depends on Trump. If the US economy goes into a recession, most crypto tokens will be completely dead and will never reach their old prices — especially the useless ones.

The real bottom will happen when all the big scammers go bankrupt — especially MicroStrategy, XRP, and Solana. After that, we’ll see if crypto can even survive.

It may sound harsh, but that’s how capitalism and the free market work. Money gets printed, scammers get rich, and when there’s no more room to grow, everything collapses and starts all over again from the ashes.


BTCUSDT Fidelity has launched a no-fee crypto IRA, allowing U.S. adults aged 18 and over to invest in bitcoin (BTC), ether (ETHUSDT), and litecoin (LTCUSDT) through Roth, traditional, or rollover IRAs. The assets are custodied by Fidelity and held in cold storage.

SPX

LTCUSDT
instead of trading an old coin with 0.5x for profit
do this
MOVRUSDT 😉
tip 1 20$
tip 2 40$
thanks me later 😁