Ltceth
ETH is Setting up to Lose Over 90% of it's Litecoin ValueThe ETH/LTC pair is currently showing us Hidden Bearish Divergence at the 1.618 Fibonacci Extension after previously breaking below the trendline, and the next likely level is all the way down at 1.67 as there are no other major support levels to hold once it really starts to break down.
Could #Litecoin 3.4X versus #ETHEREUM holy smokes!!!I highlighted a inverse head and shoulders to kick off the #litecoin's halvening bull run
It has in my opinion now broken to upside --- woo hoo
but digging into some croos coin analysis against #ETH
found some stunning potential of upside against the number two coin
3.4X on the table
0.05 LTC/ETH to 0.16 LTC/ETH
this hugely significant as we know ethereum should outperform #Bitcoin
All this leads to a very powerful #altseason in the works!
#LTCETH - Reaching Critical Point for Busting Out!With a fast-closing wedge from within #LITECOIN against #ETHEREUM we can see a breakout coming within the next couple of weeks - which way is the big question!
With a strong Sell signal coming from Crypto Tipster v2 we're inclined to suggest a downward trend, but we wouldn't be pulling the trigger on this one until that wedge is broken one way or the other!
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
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What if... LTCUSDSince current LTCBTC charts present best ever buying opportunity if it comes to LITECOIN vs BTC relation (0.0031) we shouldn't be surprised seeing new ATH on LTCUSD market if Bitcoin's price will continue to climb. Similarities rarely play significant role in price action - they do however make it a little bit easier to assume the next possible top area. According to this observation 6x UP from here shouldn't be surprising ( I wouldn't be however shocked seeing market going sideways or even down from here.
Going long at a retest of the current pink channel support isn't a bad idea, provided capital management and appropriate stop-loss is in place.
Don't assume the 10 years of LITECOIN anniversary have anything to do with my assumptions... it doesn't.
LTC/ETH Daily FrameLTC/ETH this is putting LTC against Ethereum performance. As you can see, LTC is barely keeping up with ETH during all the days in the past. LTC is not outperforming BTC or ETH therefore, while the opportunity persists, I wouldn't hold any LTC. Ethereum is a better hold currently due to its volatility.
LTC/ETH { LITECOIN } - BULLISH SETUPANALYSIS 🔎
- LTC/ETH has been resisted by the long term descending trendline resistance since 12th June 2019.
- Price is testing the descending trendline resistance (circled zone).
- After three breakout attempts, we could be on the verge of a successful breakout above the descending trendline resistance.
- Key horizontal resistance levels have been indicated on the chart.
- If a successful breakout is achieved, the horizontal resistance levels can be used as your take profit targets.
- Draw your line and watch.
Eğlence 🥂
LTC/USD (Range at Monthly Key Area?)💎Technical Analysis Summary💎
LTC/USD
-Litecoin is currently trading just above the monthly key area
-Looking at this monthly timeframe, it is more likely to trade sideways
-If we will follow the projection of the upward trendline
-LTC is either move in range until the end of 2021 before deciding to higher or break support
-If you are planning to enter a long term position
-Please wait for the price to build a base of support
-I know this will take a long time to process but will reduce the risk
-You need to practice discipline and always have a trading plan :)
⚠️Please always read the description⚠️
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Not Financial Advice 💸
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LTC to outperform ETH before ETH2.0Nothing more to add.
Of course the idea does NOT sound very convincing with one new low after another.
But that is exactly what ETC did on the ETC/BTC pair. One low followed by another one, and at the end of it a !! x10 !! pump occurred.
This LTC/ETH chart behaves similar to the ETC/BTC pair right before the break out.
Litecoin turning on the Search mode!So as you could see in my previous LTC idea. I was expecting LTC to move to these prices.
All of my 3 targets below were hit!
What is this idea about?
Firstly I want to show you some comparisons between this and the 2017 bull market.
Then I will do some technical analysis on LTC in the short-term and long-term as well.
Later I will tell you my expectations.
2017 bull market vs this bull market
Litecoin was at 3 USD on 29. March 2017 and went to 362 USD on 19. December.
This means it did 8815% in just 265 days.
If I draw it from the very bottom. This year LTC went 1285% in 418 days...
The Crypto market got way bigger so don't expect these returns... but I think LTC might explode soon. (reason later)
LTC/BTC pair
If we have a look at LTC/BTC pair... we can see that it went from 0.003 to 0.02... This is incredible! Imagine holding 5 LTC equaled 0.1 BTC! And this wasn't even the top of this pair. ATH was around 0.03.
Right now we are sitting around 0.006.
On the chart, you can see the bearish trend we are about to break in a few days with some crucial levels where Litecoin could struggle a bit.
LTC vs ETH
Ethereum will outperform BTC these few months... That's a fact. BTC dominance is dropping (currently about 46%). ETH is the king of all ALTs.
Firstly BTC goes up... -> ETH goes up -> Big cap Alts goes up -> Small cal Alts goes up...
and right now it's Alts turn...
Look what's happening to Link, ETC, etc. (expecting LTC, DOT ADA soon)
If ETH outperforms BTC and LTC will start to outperform ETH... This means you can outperform BTC multiple times!
In a few days, we should be able to break this bearish trend and go up!
Technical analysis
So in a long-term perspective, We can see a nice channel and leads us to a new ATH pretty soon...
We could hit the resistance and see a pullback to the red area... But I am not selling.
I am expecting LTC to hit minimally 700-1000 this bull run!
In a short term
We are going to hit the resistance in a few days/hours.
There are few scenarios...
1. Breaking the trend and going to search mode! (green)
2. Bounce from the resistance and seeing a healthy correction. (blue)
3. Breaking the trend after the correction (purple)
4. Bigger correction! (red)
Basically, we don't want to see below this red area or below the support!
Long Term LTC Performance Compared to ETH (LTC/ETH ratio)Overall ETH has been performing better than LTC for a very long period.
A longer period of data has been used in this chart than previous ones.
The ratio is expected to continue to go lower for the short term until +- beginning of Q2 i.e. ETH performance will be better than LTC, however, we are quickly approaching a 6-year long term support zone of LTC/ETH.
Technicals:
Ratio approaching long term horizontal support
Ratio expected to hug 4/1 Gann Fan until breakout
Massive Descending Wedge nearing completion
Target:
LTC/ETH = +- 0.57
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.