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LTCBTC Bearish Analysis OverviewLTCBTC TA Update: According to Chart LTCBTC looks bearish mode. But now at support level. 0.0047-0.0049 BTC would be good entry for me. I can watching closely. if bounce back from here then I can expect next Target would be 0.0061 BTC. but if breakdown this support then we can expect free fall towards 0.0034 bTC. so dont panic and trust on TA. Support: 0.004750 BTC Resistance: 0.005250/0.006100 BTC. Please like and follow me for latest crypto updates . Thank you
Long
by CryptoPatel
4
LTC/BTC TA Update (Must Hold Important Support)LTC/BTC LTC is on a deep correction but still respecting this bullish descending channel which by probabilities should break to the upside. The price inching closer to 0.768 Fib and previous resistance area which has the potential to become new support if this pattern breaks to the upside. The RSI is still painting lower lows and lower highs, we still can not see strength from the bulls. Bearish side if 6000 sats breaks, there will be no support until 5500 sats level. This is the game where patient bulls win the game.
Long
by PolarHusk
2
LTC / ETH Double bottom potential + 30%. Pivot pointsThere is nothing to describe here, entry after confirming the support level. 1 TARGET The level of the local maximum is + 15%, then watch how we will overcome this zone. Sometimes it happens that from this zone the price turns around and instead of the “Double bottom” figure, the “Triple bottom” figure begins to form. 2 TARGET Full working out of the figure + 30%. Stop loss Under key support levels during your entry into the market.
by SpartaBTC
14
Switching ETH into LTC / switching Ether into LitecoinDid you know that Ether premined 72 mln ETH of the current total in circulation of 108 mln. That is 2/3 of all current Ether were premined. Which is why many call Ether a scam. See Wikipedia. Now is the time to switch from Ether into Litecoin. As you can see on this chart Litecoin is likely to double in value vs Ether. Litecoin follows the stock-to-flow model, just like Bitcoin of the long term. Hence you may expect a continuous advance in price. Expect LTC to be USD 1800 by Sep 2021 and USD 76 000 by Sep 2025
Long
by bmw_b
LTC CUP AND HANDLE PT2LTC has been looking like there is a cup and handle pattern and has an objective of $180 which is 2x the current price. so if you invest $10K you will turn out with almost $20K which is pretty cool. The handle looks like its rising which is a sign that we are almost here so buy in now!! Anyway research this on your own time do not just jump in! dont take my advice seriously just research it! I strongly beleive that a cup and handle is here. TARGETS: $180 $220 $350 $440 RESISTANCES: $100 $156 $180 $220 $350 SUPPORTS: $85 $75 $65 $55 $49
BITFINEX:LTCUSD
by CryptoKidX
LTC ShortA week ago, we examined the LTC chart and the downward falling wedge pattern we observed (medium.com). As of last night, LTC has broken through that $75 level and is trading a few dollars south of $75 this morning. All we see is ‘air’ down to $60, meaning that if a selloff precipitates throughout the crypto space, we do not see much support until the $60 level. Another chart that had caught our eye we wrote about on March 26th, the LTC/ETH Trading Pair (medium.com). We happened to put this “Mean Reversion” trading piece out right before the April 1st crypto rally, which caused the trading pair to appear as though it was making a massive break-out. As prices have settled down and consolidated over the last month, we see this trading pair has made a retracement right back to the ~0.438 level of late March. We believe this confirms our thesis, along with the price action seen in December, that the trading pair will not be sustainable north of 0.500.
Short
by BitOoda_LLC
LTC/ETH trading pairSince the beginning of February, we have been watching the outperformance of LTC versus the remainder of the top cryptocurrencies. We have been eyeing some spreads and think this recent rally of LTC presents an opportunity to employ a mean reversion trading strategy. This kind of strategy involves making a bet that prices will return back to the historical average price level. From the chart below, we can see how the recent rally in LTC started around February 7th, as the relative return on investment in percentage terms pulls away from the other top 5 coins. The laggard in this chart is Ripple. BTC and ETH remain close to unchanged. www.cryptocurrencychart.com A chart that really intrigues us is the LTC/ETH trading pair. This spread is currently trading ~0.437. In December 2017, this spread rallied from 0.20 to 0.50 in the matter of two weeks, only to slam right back off. This trading pair remained within a channel between 0.15 and 0.325 for the full year of 2018. The 200-day exponential moving average is currently ~0.30 and the 50-day exponential moving average is ~0.38. It appears there is some resistance at current trading levels around 0.45, similar to what was seen in December of 2017. The LTC/ETH chart appears it may “turnover” as the purple curves depict in the chart. If this indeed occurs, you may see this trading pair price 'mean revert' back into this historical channel.
Short
by BitOoda_LLC
UFC 232 - LTC sponsorship - The experimentThe UFC 232 is about to start in L.A. - Jones Vs. Gustafsson and Amanda Nunes vs. Cris Cyborg, among other great fighter. As someone who likes MMA, I am waiting for this second fight of Jones Vs. Gustafsson, also this is the last event of the year, and the UFC seems to concentrate efforts to promote more, just like they did in the UFC 200. We might see the LTC logo on the octagon, let's watch both, the fights and the LTC price. Let's see what happens... after the event I will post the result, if any.
by ItsRafaelPC