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LTCBTC trade ideas

LTC Ready to start outperforming BTC?Litecoin vs BTC has been in a falling wedge for a few years now. We're now approaching the lower end of the wedge and if there's ever a time to start a rally against BTC it's now. What does TA have to say? We're trading below both the 50 and 200 Week MA. A breakout above the 50 MA would be a good thing as it's at about the same level as the upper end of the falling wedge. Ideally we flip this resistance into support ant take off from there. When we look at indicators and oscillators we can spot bullish divergences on stochastic, Willy and MACD. There's no sign of bill div on the obv, that would've been extra bullish. It really only seems like a matter of time before we see this thing take off. Have some extra info to consider, do you see things differently? Let me know! Cheers, W
Long
by WouterNRS
1
Litecoin (LTCBTC/LTCUSDT) LONG 2021/03/04I just entered into a long for LTCBTC. Sharing my trade details. Pair LTCBTC Direction Long Entry 0.003765 SL 0.003716 TP1 0.003782 TP2 0.003797 TP3 0.003809 TP4 0.003824 Signal Rating 3/5 Make sure to add a 0.1-0.2% buffer to prices given to avoid order clustering and stop loss hunt. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
Long
by cryptotraderog
2
LTC risky oneYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY! If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
Long
by SvarogPerun
2
LTC /BTC looks worthy of massive gains to come! 250%-500%!Hello Traders, I don’t usually post these massive potential, shoot to the moon type speculations. But.. this one is just seeming a little to good and finally ready to go off type of situation. Not a lot of talk yet around LTC, which is a great time to load up and stalk up. I’m watching this one for any kind of uptrend movement over the next couple weeks and I expect we will see some kind of major shift over the next 30-90 days. If we can even meet half-way to the previous ATHs, we would realize 250% gains from the current price. Spread risk and DCA your buys down. Good luck!
Long
by MarkStPeter
Why I am bullish for LitecoinLTC this morning had a nice breakout against bitcoin, but I think the real story is more about what breakouts are possible. From what I can tell, the really long trend looks positive with Litecoin as it finally begins to reach the end of a very long wedge against Bitcoin. Right now looks to be some of the trends near the bottom of this wedge (which are great discount sales in my opinion). However, there is still lots of potential downward against its bigger, older sibling. I for one and optimistic about the chart, but even if I am right, with a trend as long as this one, it could be tomorrow, but it more likely could be months away as well. Either way, seems like a good investment for the long haul.
Long
by crypto_trends
2