Long term Idea for LitecoinLong term Idea on the monthly chart for litecoin. This is a two year outlook so patients is key. Look at the chart... Is time to sell or buy litecoin? Litecoin is at historic lows against Bitcoin , it's time to buy. Most people won't like this chart as it's not a get rich quick scheme. What it is though, is a path to victory with a series of small wins.
*You want to get rich quick, play the lottery. Investing is smart money working for you with patients.*
LTCBTC
Litecoin to Outperform BitcoinWhen looking at the Litecoin to Bitcoin ratio chart ( BINANCE:LTCBTC ), it suggests that Litecoin will outperform Bitcoin in the near-term. We see our breakout, retest, and now it's SCOTCH time. Let's take advantage of this!
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LTC to outperform ETH in the next yearSince 1.5 year, ETH has been outperforming LTC. From 0.57 ETH, LTC is now valuing 0.11 ETH.
In this period, ETH went from 240$ (June 2019) and 1870$ (today). 780% growth.
On LTC side, we went from 120$ (June 2019) to 220$ (today). ONLY 83% growth.
Greyscale is now charging a 1500% premium to buy LTC from them.
We can see the Chikun is getting ready.
For that reason, I'm switching my ETH to LTC today.
LTC/BTC - BB Squeeze—-Pressure is Building.Hello Traders,
Questions will be answered this week for LTC/BTC.
We have some major pressure building between the squeeze we’re seeing on the chart.
Looking at previous BB Squeezes, we can see it was a matter of time before it finally broke to the upside.
I want to believe that the MimbleWimble release will be the catalyst to send LTC to the moon. But from my experience, a coin will usually see the effects of news releases in the weeks and days before, so if it hasn’t gone off yet, then it may not provide the effect that we were hoping for.
But depending on how well BTC continues to perform this week, will be a good determining factor of how LTC will finish this week and start next week.
For now, I am still holding and I will continue to hold until the market tells me other wise.
Good luck!
LTC - No brainer - 400%+ (No Laughing Matter) Let's Go!Hello Traders,
History doesn't always repeat itself but god damn, I will not let myself once again be proved wrong by not getting in on these historically low prices.
I mean honestly, look at the swings, we are at the bottom, just like many times before. Buy low, sell high, it's the mantra all traders live by.
Yes, I know, some of you want instant gains, and that's fine, other traders will gladly take your liquidity --- straight to the bank, AKA their metamask wallet...
Don't fall victim to FOMO. Buy, hold, and realize.
Also, trade with BTC pair, if your goal is to accumulate BTC. Smart money buys with the long game in mind. Accumulate, accumulate, accumulate.
Simple.
Good luck!
LTCBTC huge trading opportunity! Final update.Check out my recent updates for LTC. This is the third and final part. The MACD indicator on the MONTHLY LTCBTC chart looks to have a bullish crossover imminent. This means that there will be a shift in momentum from the downside to the upside. It will be hard to break this crossover due to it being on a monthly scale. My final thoughts for litecoin are bullish and I believe that it will outperform bitcoin in the mid-long term. Best of luck.
Litecoin: Weekly TargetHello Traders and Investors,
This is my weekly outlook on Litecoin. The coin is making higher lows on the weekly, along with highers high. What we really need to see from Litecoin is for it to close above the $230 point on a weekly candle. This will give Litecoin a mega bull push to the target at $420. With the recent push in Bitcoin price due to the stimulus plan and institutional money flowing in. We can expect Litecoin to push alongside Bitcoin.
Also if we take a look at the LTCBTC pair. We see that Litecoin is on the lower end of the chart. This means Litecoin is undervalued compared to Bitcoin and once it starts moving, it will run really quickly.
Let me know what you think!
Litecoin to $2000 this bull runLTC MimbleWimble Code To Be Ready by March 15th which can give it a nice push to upwards. Nice double bottom on LTC and it will follow BTC and ETH and will break its ATH.
in 2017 we saw 6000% returns in LTC in 261 days so we can have even 1000% this year it can go to $2000.
Immediate targets are mentioned in the chart.
we discussed the same in our today's video.
LITECOIN (LTCUSDT/LTCBTC) Long&Short Trade Setups 2021/03/11Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $190-192 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: Retest and Continuation (61.8Fib)
1. Price Action: Price needs to move back up to the 61.8Fib @ $211 and bounce back down.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
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Litecoin (LTC) READY TO CONFIRM 200 USD ZONE - GREAT TARGET!Hello traders
This update depending on LTC - expecting increase to 200 usd area
Stop limit: 170 usd.
# there are some trends make us expecting that LTC can break the 200 usd area again.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
LTCUSDT (LITECOIN) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- LTCUSDT is supported by the ascending trendline support (ATS).
- Price hit a swing and retraced for a retest of ascending trendline support and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There was a relatively high concentration of buyers at the retest zone.
- The retracement was bounded in the falling wedge (FW) pattern.
- Price bounced off the the retest zone and brokeout above the falling wedge's resistance.
- Price action is printing an ascending triangle (AT) pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
$LTC/BTC 12h (Binance Spot) Descending wedge on supportLitecoin is accumulating in satoshi and could bounce in the weeks to come!
Current Price= 0.003675
Buy Entry= 0.003679 - 0.003605
Take Profit= 0.004116 | 0.004533 | 0.005349
Stop Loss= 0.003345
Risk/Reward= 1:1.6 | 1:3 | 1:5.75
Expected Profit= +13.01% | +24.46% | +46.87%
Possible Loss= -8.15%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Breakout looks to be starting for LTCBTCThings look to be breaking out for LTCBTC from the point from before the retracement. Here is hoping it keeps that way (large dependencies on BTC's path obviously), but with a nice green weekly and daily candle about to finish here shortly, there seems to be a good chance for a jump start for alts like LTC in my opinion.
Although I also think it is easily possible to retrace back if BTC doesn't follow through, and still some resistance right now (around the 23.6% Fibonacci) and around 52.7K (the high before the ATH), so we shall see if it continues to hold at this interesting crossroads.
LTC "W" Pattern Completed, May Go for CorrectionHello Dear Traders,
LTC performed great in this altseason, we also called it from 60, all Targets achieved in few weeks.
as u can see in chart LTC is facing heavy selling pressure form weekly supply zone.
Last week candle closed strong bearish and its indicating reversal frm here.
Also it successfully completed W Chart pattern, now its time for healthy correction towards 80-100$ again.
As we know Crypto is getting huge adoption worldwide, if something magical happens then only my idea of LTC will get invalidated.
Chart is clearly indicating next few weeks will be bearish.