LTCBTC trade ideas
Litecoin Buying opportunity The Bullish divergence forming on the weekly falling wedge pattern appears suggests that Litecoin is reaching a reversal point against Bitcoin. The Flare snapshot should serve as a catalyst for this move. The XRP Trade going into the Flare snapshot turned out to be very profitable for me, and I plan to participate in it for litecoin also. Buy and hold Litecoin.
Target 1: .007
Target 2: .012
Crypto|LTC/BTC|LongLong LTC/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level of the consolidation zone after the fall.
* Possible closing of a trade before reaching the take/stop zone.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - the stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
LTC's massive descending channel = massive breakdown to ATLLTC is trading in a very large descending triangle which in theory is bearish. If the support on the bottom of this channel does not hold, which has already been tested more than 10 times on the 4hr indicating that it is losing its strength with every test. This might be the last time this support can keep LTC here and if LTC breaks this support and trades lower we can see it reach All Time Lows which is not something you want to see for alts.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
Long LTCOther top alts have pumped hard while LTC seems to be only following BTC's tail.. I believe once the 4H candle in the LTCBTC chart closes above the upper triangle, its LTCs time to fly. If it doesn't, then LTC bulls would still have to wait some more.
LTC/BTC and the MOONBOYFalling wedge on the bigger time frames, let see if this double bottom launches LTC/BTC
Hope u all enjoy the ride💪
$LTC - to grow faster than its big brother soon?Here, similar to the ETH chart but a bit, we are in the bottom range, and very bottom of that range
If we start reclaiming these range line/SR's we should be able to push on in the higher range, and the weekly chart setup I posted a month ago or so might finally play out.
$LTC is essentially a better version of $BTC in terms of transaction speed, fees etc. but not the face of crypto and so not been as good a return for investments
I think its time will come though, and soon. Lets see...
It’s The Nice Buy Opportunity ❕ The Main Pattern Is Falling Wedge Also ABC Correction Completed ,Now The Price Has Sitting Above The Strong PRZ Zone ,It’s The Nice Buy Opportunity
✅ Tp 1 : 5300 (26%)
✅ Tp 2 : 6400 (53%)
✅ Tp 3 : 9300 (93%)
🔴 Stop loss zone : 3500 ~ 3480
LTC Is About st Start the Value CycleHEY GANG,
It's been a while! Back again to talk about a very significant Litecoin development. As we know from history, LTC tends to go on cyclical runs where it's value against BTC soars. On this LTC/BTC chart, we can clearly see that the cycle is about to start yet again.
We have already had confirmation of the cycle starting, but now we are looking at what could be the last correction before the LTC value does its moon thing. The stochastic is peaked on both the USD chart and the LTC/BTC chart. My prediction (complete guess) is that the correction will end when the stochastic completes the cycle and dips down into the oversold zone. HOWEVER, there is a chance that the stochastic will flip and not even dip down into the bottom zone before the pump happens.
For now, we don't have any significant volume. That means the price line is weak. Without the surge of volume, the stochastic should complete the cycle and allow price to dip one last time. I think this is when I will grab my ever so humble bag of Litecoins and ride it through the bull market. Being that I'm not a BTC whale, this is the better investment strategy to catch up on multiplying my piggy bank holdings. I'm still kicking myself for not buying 5 ETH when the price was in the $300 last fall, so this is the only train that has not left the station that I can board for maximum gains.
The On Balance Volume indicator shows steady accumulation going on from the big institutional investors. The OBV is just an approximation, but we DO KNOW that there are 2 or 3 big institutions that are accumulating LTC. So I would say the OBV is fairly reliable, and reflecting what is actually going on as far as buying and holding.
What are YOUR thoughts about the current Litecoin price positioning? How far down do you think it will correct? I'd love to see a price of $130 before liftoff. But I can't be too sure. Also, what are your thoughts on the fall peak price for LTC? My best guess based on past performance would be $1500. That might not be monumental, but the one thing I can hang my hat on is the fact that LTC is a fairly safe investment compared to the more risky alts that are out there.
Post your thoughts and let me, CryptoProCarlton, know what you think is the next move for LTC!
Carlton Flowers
Thee one and only CryptoPro
p.s. This ain't no financial advice. Do your own DD. I'm just tryin' to get the kids some new shoes and get my hustle on
Litecoin #LTC Looking to Make Massive Gains on #Bitcoin and #USDFor the past 3 years every time this Bullish divergence has shown up in the LTC/BTC pair Litecoin makes massive gains against Bitcoin....Can we escape this Wedge like extended bull flag this time? Who knows...but my hunch is we will at least test it and soon....Making my LTC price target roughly $280.
💡LTC: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021After strong accumulation at demand zone finally LTC is showing strong upside move, once ltc breaks from upper trendline, it will give massive breakout and it will easily achieve our targets.
HOLD strong it will take 1-2 months to hit the respective targets
LTCBTC First Half of FebMorning LTC'ers. It appears LTC is forming a triangle trend on the 4h, leading to some upcoming highs with a finish at just under 50 millies.
This corresponds with the bullish triangle we find BTC in (which will start around C, a point which will likely be hit after BTC's last downward leg before next pump).
Since the market is particularly volatile at the moment, I plan to take at least some profits at each black resistance band on the way up.
LTCBTC - long setupLTCBTC -intraday long opportunity, on the daily timeframe market has formed a M formation after a M we expect market to complete the pattern at the neckline giving us our upside target, on lower timeframes market is still bearish so we need to wait for a slow in momentum and a change of market strucure on lower timeframes, if we will see this and market meets our entry rules only then we can look for a entry.
LTCBTC LONG TRADEGoing long on LTCBTC after seeing some bullish doji's on support on the Daily chart. Targeting previous resistance.
LTCBTC squeezing up3D TTM squeeze indicating upwards (last time was +130%)
LTC going to surpass XRP in market cap due to ripple SEC lawsuit = fomo buying
altseason hopium
Litecoin (LTC) This Will Be A Big Chain Reaction Of Bull RunHey friends, hope you are well and welcome to the new update Litecoin.
Support and resistance levels:
After getting rejected by $170 resistance now the price action is breaking down the $140 support. The next support is at $110.
Up-trend line support:
The priceline of LTC has found good up trendline support on the 2-day chart and testing this support at the moment. At the same support level, there are also exponential moving averages 10 and 21 supports.
Down channel:
On the weekly chart, the LTC with BTC pair has formed a down channel and the priceline is at the support of this channel at the moment. There are 25 and 50 simple moving averages resistance levels above the priceline.
Shark Move:
The priceline has completed a Shark move on the weekly chart and entered in the potential reversal zone.
A bullish Butterfly move:
If we zoon out the same weekly time period chart, then the price action has completed another bullish harmonic bullish Butterfly move. The final leg is retraced up to 1.269 Fibonacci level whereas we need a retracement up to 1.27 so there is a difference of 0.001 Fib level. Therefore it is possible that the price line may drop a little down and then start a powerful rally to the upside.
Big BAT move:
On the very long-term 2-month chart the price action has completed a big BAT pattern and entered in potential reversal zone:
Conclusion:
The price action has formed a small shark then a big butterfly and then the biggest BAT harmonic moves. Therefore there can be a big chain reaction started that will lead the price line to set a new high.
LTCBTC Pair : It’s just a matter of time.So far, LTCUSD has been dragged along with btc and eth.
Soon LTCBTC will fly, pushing the whole crypto market with it.
LTC BTC - further downwards movement to support levelsLTC BTC - further downwards movement to support levels
