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LTCBTC trade ideas

LTC once again bounced off of trend against BTCLTCBTC once again bounced off a trend line against BTC after riding a breakout downward. This is roughly the fourth time this bounce occurred in the past month and a half. The first two instances triggered good trends for BTC and the last instance signaled the end of the latest retracement. Here is hoping it is a good sign for both BTC and LTC once again. There is still a possibility for it to fizzle out (like it did somewhat in late February, particularly if BTC takes a dip), but it is also a possibility that it could be leading the trend once again for BTC once again, so I figure it is something to keep an eye on in the case that it continues to rise.
Long
by crypto_trends
LTCBTC low risk areaLTC could outperform Bitcoin this year if history repeats itself and we are currently at an area where it's easy to manage risk. I've been looking at this chart for quite a while now and finally decided to pull the trigger today. It honestly looked even better mid-Februay when we had more help on oscillators but argument for bullish divergence and falling wedge is still there and it's hard to pass on something with so obvious seasonality painted all over the chart, especially when it's near all time lows. Most importantly though I think fundamentals on LTC are getting stronger and with news lined up starting later this month it just might get the push it needs to break out.
Long
by Ravich000
ltc Falling WedgeLTC has been forming a falling wedge pattern since June 2019 against BTC pair on the weekly chart If it breaks the wedge bullishly we can see ltc targetting its All time high AGAINST BTC. WE Also have the MIMBLE WIMBLE news on the fundamental side so a BULLISH BREAKOUT looks imminent to me. PLEASE CORRECT ME IF I AM WRONG I AM A NEWBIE IN TECHNICAL ANALYSIS IF YOU THNIK MY IDEAD IS WRONG IN SOME WAY PLEASE DO CORRECT ME I WANT TO LEARN MORE PS: I AM NOT ADVISING YOU TO AKE THIS TRADE NOT A FINANCIAL ADVISOR
by l360_again
3
Breakout looks to be starting for LTCBTCThings look to be breaking out for LTCBTC from the point from before the retracement. Here is hoping it keeps that way (large dependencies on BTC's path obviously), but with a nice green weekly and daily candle about to finish here shortly, there seems to be a good chance for a jump start for alts like LTC in my opinion. Although I also think it is easily possible to retrace back if BTC doesn't follow through, and still some resistance right now (around the 23.6% Fibonacci) and around 52.7K (the high before the ATH), so we shall see if it continues to hold at this interesting crossroads.
Long
by crypto_trends
3
Interesting fractals of Litecoin 🔎Hello, dear traders and bottom catchers 🤫 One more LTC chart of mine 😆 And YES, Litecoin still not moving jet 🤣🤣🤣 But I continue holding it making up [date for You😘 This time You can see all history of price movement of Litecoin in USD and in BTC. And try to notice some fractals before pumping )))) Don't forget to put like and write me comment, that way I'll feel Your supporting and you like my ideas! And stay tuned by Rocket Bomb 🚀💣 My previous LTC update 👇
Long
by RocketBomb
25