LTCBTC trade ideas
LTC - LONG - He is going to do it again !jump by jump to its ATH vs BTC? I guess so !
Not a financial advice tho ))
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 $400 on the USD pair which will make LTC set a new all time high... very good.
MACD turned very bullish on weekly timeframe, with a nice golden cross on the moving averages and a clear cross on the positive side by the MACD histogram.
Volume was quite strong on the breakout from the wedge, so this is looking sexy. RSI pumping higher... yep... we're set.
Taking some long swings on LTC should make you happy! Just have patience.
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Litecoin is gonna have a mega bullrunThe ltc/btc pair has just broke up a long term downtrend channel and litecoin is very likely gonna have a strong bull-run in the next couple of weeks. With Paypal allows Americans to pay with Litecoin, this opens a huge opportunity for this coin to gain more adoption and recognition. After everything's said and done, it would not be a surprise to see 1 litecoin at 4 digits ( 1000$ minimum )
#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!
Litecoin UptrendHello traders,
Litecoin is taking a very important technical event. It seems that it is breaking out a huge bullish wedge. it is a piece of very interesting evidence that we will have a bullish period on this coin against the bitcoin.
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Broken down trend After years of losing ground to BTW LTC is showing signs of recovery.
as shown here LTC was able to climb up against the strong BTC and is at the brink of breaking its downtrend.
if this happens it's going to be as shaken champagne because this trend originates as from beginning 2018.
As a true crypto currency and not a S-Coin and because LTC has four times more coins then BTC ,it had the potential to be 25% the value of BTC.
certainly now Crypto currency are becoming accepted
on the short term a 25% recovery would not be a surprise to me but it has the potential to take back much more think 100% or more.
Also LTC is one of the few Currencies that's on Binance US with an BTC pair ,
meaning if it's start to go it goes crazy like XRP sometime,s does.
the difference is that is a true S-coin and a danger to the sector while Litecoin can be considered save.
LTCBTC year long wedge breaks upwardsIt looks like LTCBTC has managed to break resistance of a wedge that has been forming since 2019 (blue dashed line zoomed in, see my previous posts for details about this resistance level).
There is still a bit of resistance above the current ascending channel (dotted yellow line), but the target now looks to be a much longer "years-long" wedge that has been forming for quite a while. Due to the distance between these wedges, there is still quite a bit of potential for LTC to continue its push against its older sibling BTC over the next few months, so it definitely looks like a good trend to watch for anyone following LTC.
Litecoin Falling Wedge Pattern - Ready for massive breakoutLitecoin completion of the falling wedge formation is indicating a massive breakout about to happen on the upside.
Grayscale and other funds have heavily bought into litecoin in the past few months. Expect the first target to be around $518 followed by higher targets.
LTC looking primed to outperform BTC on the monthlyAfter a long downtrend on LTC/BTC, LTC is looking primed to finally break out of the falling wedge. Just a little chart I put together. Trade at your own risk!
History tends to repeat at the 300 MAOld but not very seriously taken Litecoin is about to show its face.
today while btc has made an new high again LTC is gaining against it.
I've been looking at it for days and am now almost sure it will gain at least 80% against BTC.
taking back what was oversold to BTC.
as LTC has 4 times more coins it has the potential to be 25% of BTC's value.
of course that's not what we can expect but as crypto is being taken more seriously today,
I believe Litecoin is still undervalued while most are overvalued at this time of writing.
LTC is on the move and here are the levels I expectBeen following LTC for several years to learn how it moves.
Not gonna be always right, and dot not intend to be.
Let's hope some of these levels play out.
