LTCBTC confirmed a break out#LTCBTC
price broke out a long term resistance and confirmed it as support so
Long term move shows a new rally
LTCBTC trade ideas
LTC/BTC on track to new cycle highThe trend will be true under the following assumptions:
- BTC 2021 cycle ends around the 3rd quarter of 2021
- BTC continues with the overall uptrend
I assume a rather quick run up, based on previous behaviour.
The upper line is the most conservative one, which is why I consider it low risk up to that point.
To reach a value of approximately 0.014 BTC for each LTC requires no euphoria. WITH euphoric growth however (starting above 0.015 BTC), targets far beyond the upper trend line will be reached.
3x your #Bitcoin by trading #LTC BUY CLOSE TO 0.004
SELL CLOSE TO 0.014
Triple your #BTC in ONE MOVE by trading LITECOIN (MimbleWible coming in)
#CRYPTO market halfway point for a strong 2nd half of 2021.. seems likely.
#bitcoindominance #btc.d should show us the way
a rise in dominance would be a clean-up of the space and provide ammunition for another altcoin run.
#coinbase & #microstrategy should be on your watchlist as key indicators.
The Setup Is Bullish📍 Expect The Breakout From The Triangle Soon ,Next Important Resistances Are 5350 And 6200
#LTC taking back bullish territory #Litecoin & #Bitcoin will see a good week ahead for taking back some bullish territory.
I am expecting Litecoin to make moves against the USD EITHER WAY this week;
however will LTC move up and independently of BTC??
Historically, no.... BTC moves and LTC typically follows.
We've seen several POS tokens break up while Bitcoin crabs sideways like
$XTZ and $ALGO making 11% moves against their BTC pair.
LTC is currently testing and trying to break upwards above the current
consolidation zone. LTC is following a similar pattern of many OG coins in the space.
I'll be watching for closing candles above 0.005 level resistance to long which would
line up with the major bullish cross on the MACD. Then after a confirmed
breakout reducing my some of my LTC position for Satoshis near the 0.0056-0.0059 levels.
Our objectives are confirmed on LTC / BTC D1Hello traders,LTC / BTC is in a push up, it came to test the last previous resistance zone and shows a failure for the moment.
The RSI shows us that we are in an under-selling zone so the market is currently selling.
This MA shows that the price is expensive now compared to the 200 days that means buyers are not ready to buy LTC / BTC.
The question that must be asked is when and after what strong signal we can get for this opportunity.
Then the gold of the crossing of the MA and it is necessary that it breaks the zone of resistance with force and volume.
Beware of being caught in the whale game and management funds on leverage for a certain market stability especially by reintegrating the trading range.
This is where a lot of movement can happen so you would like very much in view of this.
You could very much regret it, stay careful and follow the plan.
The situation can change at any time.
These are not investment advice but recommendations.
Comment your ideas in the description bars and share!
Please like and follow, thank you.
LTCBTC at major resistance, major bullrun possibleThis can be the start of a major parabolic run if it breaks above resistance and breakout of the channel. A parabolic run in March was predicted in my previous idea. If for some reason market turns and LTCBTC is rejected at both resistances, then the run will be delayed for a couple of months.
LTCBTC - WEEK 🌗🌗On this chart you see that we pulled back hard but we did retest a broken resistance area, in this case the falling wedge pattern.
If this supportzone holds then i expect us to move back to the next major resistance area.
LTCBTC has still a lot of room to move up like XRP and XLM.
For every new follower i will add a new idea :)
LTC/BTC - A Macro OverviewJust a pattern I noticed charting some dino coins.
LTC entered this these two falling wedges in early 2018, right at the beginning of the bear market. It finally broke the resistance on the first wedge a couple of weeks ago, got rejected at the second resistance right before the crash, and then bounced back off the first resistance yesterday.
You'll notice a similar setup that began in 2013, right after the previous bear market. The last time it broke out of the second wedge resistance was the beginning of the parabolic alt season from 2017. If it manages to break that resistance again we may see a similar outcome.
Expect The Price Bounce From Here📈 The LITECOIN Price Pullback Above The Previous Trend Line ,It’s a Bullish Sign For New Incoming UpTrend ,Expect The Price Bounce From Here
LTC: breakout + retest = moonLitecoin broke its multi-year downtrend against BTC in April. It's currently doing a retest which will be followed by a bounce to the blue box. Target = 0.011 - 0.013 BTC.
LTC Why u sleeping?This retest to supply demand zone was bullish sign for this moment.
If we can stay above our biggest first res we can have a really fun rally with LTC.
Risk management is yours friend use SL guys.
