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Ltcbtcbreakout

LTC/BTC - 4+ YEAR FALLING WEDGE - BREAKOUT IMMINENT Although this structure is far from perfect due to the lower line being violated multiple times, its formation has been going on for over 4 years now and has also been respected many times, and this structure is still in play due to the fact that there is no significant break to either direction, yet.. LTC/ BTC is approaching the end of the apex and will soon break in one direction. Due to the falling wedge being a bullish structure, the market in extreme fear, and a general bias that history will repeat itself with altcoins going off on a final explosive run before a prolonged crypto bear market, I favor a break to the upside, however with the current geopolitical environment I think that an argument that this will break to the downside is also reasonable, along with the crypto market as a whole and the stock market of course. Either way, the falling wedge pattern is known to have a high success rate in the event of a substantial break, so I think it is safe to say we will soon have a strong move in one direction, and whether you're looking to short or long the crypto/altcoin market, LTC will likely provide a decent move.
by quyverlander
2
$LTC - to grow faster than its big brother soon?Here, similar to the ETH chart but a bit, we are in the bottom range, and very bottom of that range If we start reclaiming these range line/SR's we should be able to push on in the higher range, and the weekly chart setup I posted a month ago or so might finally play out. $LTC is essentially a better version of $BTC in terms of transaction speed, fees etc. but not the face of crypto and so not been as good a return for investments I think its time will come though, and soon. Lets see...
Long
by InvestmentsHub
3
LTCBTC SHORT ELLIOT WAVE WITH DETAILED ANALYSISDESPITE being a short publication IMHO i'll keep this as Neutral as current volatility makes near future uncertain and we could see more sideways movement before the impending breakout -- though when it happens it'll be fast & unpleasant (yes yes, that's what she said; grow up :P) as a selloff will most certainly follow suit and IMHO it will be bearish for some time. I thought I should go over some fundamentals and explain what & how the market moves in the way it does (whether bearish bullish parabolic or death spiraling) there are certain fractals that remain constant & these are used by institutional investors; later adopted into crypto trading (albeit different rules: much more volatile, much looser regulations, and ofc--- 24/7/365 open markets.) So many of you may be new or even those that have been around for a while are all aware of the terms "support" "resistance" "pivot" I'm sure you've heard it many times. Hell for you amateurs (those that aren't new, but haven't been doing this long enough: i.e. the 3month - 12 month traders) a.k.a. the most dangerous motherfuckers in the community as they are the ones most inclined to spread (and fall for) #FOMO / #FUD, but I digress. R2S1 IS a key resistance . You are familiar with these, even if you're not sure what i'm talking about. Here's a clue: $BTCUSD: do these prices mean anything to you? $6200 / $8000 / $9180 / $10.6k / $11.2k etc. That's right; jog your memory? It's got nothing to do with unlocking doors or secret figures. It's simple consumer confidence & fundamental candlesetick anlaysis based on oversold/undersold markets & have been serving as signals for chart analysts on WallSt since the 1930's. IF you guys appreciate my publications, the extra time I put into them with opeds / analysis / information which is time consuming and a thankless gig: then please support my work by sharing it to as many folks as possible and smashing that like button for Benzinga's algorithm because at the end of the day I love what I do. I love researching, then love sharing my research. I love to read & write. Unfortunately, that's an anomaly in my generation (I'm a millennial, born 8/16/90) but that's why I'm starting a youtube channel soon. Already thought of a name: 'Crypt0wiz's Crypto Crystal Ball' The format of the YT series will be more or less just like my publications (if you're familiar with them) which provide a bit of information rooted in facts with historical analysis transitioned to technical analysis & conjecture that is not financial analysis but meant to serve as my own personal opinion & finally end with a detailed oped / tangent about whatever snapple fact my nerdy ass knows that you don't and you will be more likely to stomach it since it's not in text so this is not really my decision, truth be told I've been pushed into this for the better part of a year now. Fortunately for me I happen to be really well educated on poli sci, current events, finance & tech so having the "jack-of-all-trades" niche capability is for the first time I can think of a benefit rather than a detriment...if you're wondering how having several niches can be a detriment; truth is I detest having to do 5 things ( even if I"m good at all 5 of them; even if I"m great at them) because if I can be amazing at technical analysis, forex trading, developing smart contracts/nodes, API keys, python software, journalism, amateur comedy, teaching, brokering, etc. it just means that I'll never be an innovator in one of those: and that's what I want...I want to change the world. For the better. I know this is cliche & everyone says this: but the last thing I care about is money. I want to be a fintech billionare...no, I WILL be a fintech billionare within 2-3 years and I will use 99% of that money to save lives & keep no more than $200,000 a year to myself -- I kid you not. That's who I am. Call David at the International Rescue Committee's New York Regional BRANCH or Catherine at St. Jude's Cancer Research at Columbia Presbyterian or Qaseem at Doctors without Borders. They'll tell you. Anyway let me get this thing published before it's too late. Figures all on chart. It's a short signal: as it''s a precursor to a BTCUSD retracement. STOP LOSS is most important one: I'll never stop repeating it ! One of these days I'll forget and it'll drive my OCD mad =P Have a wonderful day everyone. Take care of yourselves, be good to your friends (and strangers) and don't take life too seriously...enjoy the little things like that cup of coffee you're about to have (if you're on the EST coast like me) as so many of us take so much for granted. Another cliche, but one worth mentioning. Peace & Love Ahmed T. -@A1MTARABICHI Disclaimer These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Short
by a1mtarabichi
LTCBTC Demand zone - There is Litecoin Block Reward Halving LTCBTC in weekly chart still not test Demand zone. As my personal thinking Market need to test demand zone then it will maybe move to Upside. There is Litecoin Block Reward Halving on 05 Aug 2019, Still, 15 Days are there. The Litecoin block mining reward halves every 840,000 blocks, the coin reward will decrease from 25 to 12.5 coins. You can watch an educational video by the Litecoin Association explaining it in more detail below: Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Share Our Chart on All Social Media. Thanks Adil Khan
Long
by Make_Money_Guru_Bitcoin
LTCBTC forming a bottoming out pattern, expect a RALLYYY!!!!LTC/BTC finally showing bull signs, as you can see we broke some resistances on hourly chart and have developed a very clear range just in time before the block halving even happening in 18 days!!! My plan is as follows- Support zones: - Mid Range level (.008697) - 75% Range level (.008440) ->> Extreme discount! Resistances- - First resistance based off of daily chart: .010138 - Second Resistance: .01100 Break these resistance and we will have a mega rally in our hands I am personally looking to long both mid range level and heavily long the 75% level. STOP LOSS- .007977
Long
by Pheneck
3
LTCBTC Breakout alert setupMy interpretation of the current situation is that we could be setting up for a nice move - direction unknown though I'm bearish. The chart shows we are trading at the bottom of the 200BB and the 100 is contracted. Short term bands are reaching full contraction. We are in a weak, contracting trend on the CCI RSI is trending down. Long at 8986 T1 2.36% 9199 T2 4.75% 9400 T3 9% 9800 Tight stop at 8824.5 if you want, or about 323Sats from your entry Short at 8663 T1 3.75% 8750 T2 9% 8697 Tight stop at 8824.5 if you want, or about 323Sats from your entry
by Squeaker
2