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LTCBTC can start the chain reaction of harmonic bullish movesSupport and resistance levels: In LTC with USD pair, on the long-term weekly time frame chart, the pricline of Litecoin has been rejected by $170 resistance and now moving between $140 support to $170 resistance levels. Up channel: On the daily time frame chart, the price action of LTC has been bounced from the support of an up-channel and now moving towards resistance of this channel. Down channel: Now if we switch to the LTC with BTC pair chart, then on weekly time frame, the price action has formed a down channel and reached at the support. Here the bollinger bands is getting squeezed that is indicating that soon the price action of LTC can break down the support or move to the upside for the breakout. Bullish Shark: While the price action is at the support of down channel, on the weekly chart it has also formed a complete bullish Shark pattern and entered in potential reversal zone. Bullish Butterfly: On the same weekly chart, with Bitcoin pair, the price action of Litecoin is completing final leg of bullish Butterfly it has retraced upto 1.269 Fibonacci and when it will be moved little bit more down and retrace at least 1.27 Fibonacci level then the pattern will be completed. This Butterfly is bigger than the previous Shark move. Bullish BAT: On the bigger time frame 2 month time period chart, the price action of LTC with Bitcoin pair has completed bullish BAT pattern and entered in potential reversal zone. Conclusion: The price action has strong support of a down channel and completed different harmonic moves in different time frames in Bitcoin market. These harmonic moves can start the bullish divergence like a chain reaction. The smaller harmonic bullish move can trigger the bigger one and this bullish harmonic chain reaction can lead the priceline of LTC to hit at least the previous highest price in the Bitcoin market that was 0.052 as per Bitfinex exchange in 2013. And if at that time the price of Bitcoin would be at $40000 then the price of LTC can be expected at $2000. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
Long
by moon333
💡Don't miss the great buy opportunity in LTCBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.004190). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Litecoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 0.004440 TP2= @ 0.004590 TP3= @ 0.004820 TP4= @ 0.005120 TP5= @ 0.005610 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
15
💡Don't miss the great buy opportunity in LTCBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.004190). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Litecoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 0.004440 TP2= @ 0.004590 TP3= @ 0.004820 TP4= @ 0.005120 TP5= @ 0.005610 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
9
LTCBTC forme big BAT | Upto 593% profit expectedHi friends hope you are well and welcome to the new update on Litecoin. On the long-term 2 month time period chart, the price action of the LTC has completed the final leg of bullish BAT and entered in potential reversal zone. Possible profit and loss ratio: This trade has a profit possibility of 593% and the loss possibility is only 46% Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
Long
by moon333
2
LTCUSDT has completed big bullish setupHey friends, hope you are well, and welcome to the new update on Litecoin. Rejected by resistance: The price action of LTC is rejected by $170 resistance and moving between $140 to $170 support and resistance levels. Broke out the channel: The price action broke out the resistance of the channel on the daily chart, but formed a head and shoulder and broke down the neckline. Then it re-entered in channel but now finally it has again broken out the resistance of channel and crossed simple moving averages with the time period of 25, 50, 100 and, 200. Formation of the new up channel: On the daily chart, the price action of has formed a new up channel and having good support of 25 simple moving average as well. Big Shark move in Bitcoin market: On the long-term weekly chart, the price action of Litecoin has formed a big shark and just spiked in the potential reversal zone. It may give us another chance to catch it from the potential reversal zone area. Conclusion: We can assume if the price action of Litecoin is going to move up against Bitcoin, then how much bullish it can be in the near future in the USD market. For exact buy and sell targets for this trade, and other harmonic trading signals join: www.patreon.com
COINBASE:LTCUSDLong
by moon333
1
LTCBTC formed a big Shark | For Upto 43.5% bullish moveHi friends hope you are well, and welcome to the new update on Litecoin. On the long-term weekly time period chart, the price action of the LTC has completed last leg of bullish Shark pattern and entered in potential reversal zone. Buying and sell ranges: The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 . Stop loss: The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 43.5%, and the loss possibility is 9.5%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade. For exact buy and sell targets for this trade, and other harmonic trading signals join: www.patreon.com
Long
by moon333
1
Litecoin/Bitcoin potential 🚀Hello, my dear traders! The cryptocurrency market is full of opportunities every minute!You can earn a lot and You can lose a lot🤷🏽‍♀️ In pursuit of wealth, we forget about the main thing - it's safety! What is needed for stay safe? - Calculate the risks correctly! If you are building your portfolio for a medium or long term, the best option would be to buy altcoins, that are at the bottom. Looking at the Litecoin / Bitcoin chart, we can conclude, that the price accumulates for a long time on a historical bottom. And that's not bad opportunity to add this pair to your portfolio. Do you agree with me? You can find buy and sell levels on the chart Thank you for staying with me😍 I'm always glad to help you, my dears💋 Your Rocket Bomb🚀💣
Long
by RocketBomb
23
Litecoin: LTCBTC/ETHBTC Q1-Q2 2021 (Bullish Scenario) TA&FAI will discuss why I think LTC is a viable hedge against Ethereum and Bitcoin going into Q1-Q2 2021. The market is currently being pumped by institutional investors trying to get a small exposure to the "blue chip" of the cryptocurrency market. This has led to the utter domination of BTC and ties into the main caveat of my thesis. This analysis is dependent on whether BTC decides to cool off and range going into 2021. Assuming that it does, I believe investors; both institutional and retail, that "missed out" will want to seek out alternative options. At the current moment, there are arguably only a couple of other options, ETH and LTC. I am aware of ADA, LINK, and DOT but we will leave those out for now due to the uncertainty of their time variable which is something that institutions (big money) will stray away from. A lot of people might argue that ETH is the clear-cut second-best option, but they fail to realize how ambitious their goal really is. With the lengthy implementation of ETH 2.0 and the large fundamental risks associated with PoS, ETH might not be the best play for institutions at the moment. I'm certainly not bearish on ETH, but I can't ignore the fact that ETH 2.0 finalization is years away from completion. Another fundamental market variable to consider is the dead giant XRP that is soaking up $9 Billion in market cap. Obviously, I don't expect LTC to capture any significant portion of the MC, but XRP falling further would give LTC its #3 spot (excluding USDT) once again. This could serve as the initial catalyst for inflow and I expect it to happen relatively soon (Q1 2021). In addition, fungibility is something Bitcoin is bad at. Litecoin is solving this. I am not saying Litecoin is better than Bitcoin. BTC will always be #1 due to its truly unique fundamentals, in my opinion. However, with Mimblewimble implementation hopefully in Q2 2021. This might be the year for LTC to once again prove that it's not dead. Once again, this is just my personal opinion and pure speculation. I am not an expert by any means and this should serve as mostly general insight for others. I hope you all enjoyed the short read. I would love to hear any opinions, thank you. Best, PyschedCrypto
Long
by PsychedCrypto
2
💡Don't miss the great buy opportunity in Litecoin/BitcoinTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00480). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LTCBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 0.00502 TP2= @ 0.00520 TP3= @ 0.00538 TP4= @ 0.00560 TP5= @ 0.00585 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
11
💡Don't miss the great buy opportunity in Litecoin/BitcoinTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00480). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LTCBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 0.00502 TP2= @ 0.00520 TP3= @ 0.00538 TP4= @ 0.00560 TP5= @ 0.00585 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10
Litecoin price Action (LTC) Possible Outcome Going ForwardWe all make dumb mistakes when we make biased decisions. For me, trading is about removing my personal biases (or what I think the market should do) from my trades. I change my mind about my trades fast and can change to being a bear very easily if price action shows me a different outcome. Removing these biases is what saves me from holding the bag when price action doesn't support my views. Proper stop losses are always in place to make sure that my bias doesn't get in the way. I do not want to trade based on what I think market should or will do. I want to trade based on what price action is telling me. Current set up is telling me that we need to get to the upper boundary resistance line, breakout of it, re-test it and go from there. I am targeting $120 but I may and will change my mind if price action is telling me otherwise. Always be loyal to your capital and not your views. Remember one thing when you trade "Your views will not be hurt if you are "wrong". Your capital will be hurt if you are "wrong". Your capital needs you to preserve it and grow it, you can change your views at your ego expense. You can change your capital at your "views" expense. Proper risk management, proper stop losses, elimination of bias - the only thing that will make you successful. Although this looks bullish AF - keep in mind we are still below the major breakout resistance, chart can morph into another structure so make sure you are not going to let your views hurt your capital. Dont let one day off gains make your next year's decisions. Happy Sunday and good luck to you traders! #litecoin #ltc
COINBASE:LTCUSDLong
by bossmodetrader
10