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LTCBTC trade ideas

LTC & BTC Cyclical NatureJust as sine and cosine exhibit identical periods of rotation, but remain offset to a certain degree, LTC and BTC exist in a similar manner. If BTC = digital gold, then LTC = digital silver. LTC was born from BTC's source code, albeit slightly modified. Some notable changes are faster block times and a lighter mining algorithm. The consequences of these changes are not important for this post. What matters are the similarities. LTC has a fixed maximum supply, just as BTC. LTC also has a halving every 4 years. The result of these constants are LTC & BTC oscillating through their respective 4 year cycles in a slightly offset manner. In the chart notice that the LTC halving (black) and the BTC halving (orange) are offset, but still 4 years apart. Notice how the respective peaks of LTC and BTC occur in the same fashion 4 years apart. A picture is worth a thousand words, so analyze the chart instead of reading my explanation. Words simply do not do It justice. Yes, in the chart the sample size of market cycles = 2. The past is not a predictor of the future. Nonetheless, this is interesting and IF it holds true that fundamentally changes the way crypto differentiates itself from legacy stocks. There is unimpeded cyclicality, instead of massive boom periods followed by sharp recessions. Order, mediocristan, antifragility, has been restored.
by Riester
LTC/BTC now 65% up from our entry and still supper bullish#LTCBTC Profit Update:- #LTCBTC currently trading at around 5300 So now 65% up from our entry and still more rooms for upward. Entry:- 3300 ✅ TP1:- 4456 ✅ TP2:- 5400 ✅ TPs :-Pending Still I am expecting big move in coming days but guys don’t forget to book profit partially. Support: 4600/4000 Resistance: 5400/7808/11397/17461/25059/36661 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
6
LTC/BTC - Oh My God! LTC broke massive wedge, time to PUMP!👌 Litecoin has officially broken this massive, multi-year wedge... on the up side... this is a great formation which once broken, will see massive gains. As such, LTC is well on its way to pump towards higher levels vs Bitcoin. The first real test will be at 71k satoshi, after that 100k satoshi. These levels should also take LTC over $400 on the USD pair which will make LTC set a new all time high... very good. MACD turned very bullish on weekly timeframe, with a nice golden cross on the moving averages and a clear cross on the positive side by the MACD histogram. Volume was quite strong on the breakout from the wedge, so this is looking sexy. RSI pumping higher... yep... we're set. Taking some long swings on LTC should make you happy! Just have patience. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
4
#LTC keep going straght to its ATH and much moreLook at this beautiful piece of TA. WEEKLY CHARTS are saying that we finally passed through all the sickness moments and it is ready to make some money! Historically, we make sufficient jumps on it while it is alt rally and LTC is ready to give us much more then we expexted. Ipwe believe that outstanding growth is coming. Sos what do we have technically? BTCUSD is waiting to break $374 line and after that it may also touch amazing $1200 price, and if it’s about to go too far we may see $2000 for LTC. Manage your risks first!
Long
by KirillART
5