LTCBTC: The opportunity of a LifetimeLitecoin is one of the safest coins in the current market situation. LTC is around its Lowest price since 2018. This is a great opportunity to buy the coin and hold it for good returns. LTC is a big market cap coin and is safe to invest in the long term. If you are looking to invest in 5 coins only, for the next 2 years LTC must be in your bag along with BTC, XRP, ETH, and BNB.
Buy Range: 3600-3950 (Buy some at 3950 and add more in dips)
Target: 4400-4900-5500-6300-7000-8000 (in BTC pair)
LTCBTC trade ideas
LTCBTC Resistance-Falling-Wedge Breakout w/ Time AnalysisLTCBTC continues to consolidate in a historically low range relative to BTC. I am bringing to attention the last time we hit over head resistance in July 2015 took 609 days to the break up of the falling wedge, if you look at the most recent time the resistance was touched the formation is much the same (falling wedge), we are sitting currently on day 610 -- just an interesting fractal which suggests that it is possible we are looking at a next leg up to another lower high touch of resistance which gives a potential for a move to around .012. I am bullish then which allows for a potential return of 200% BTC from current levels.
Lightcoin as the driving force for the altcoin market.Hello, Traders!
Long time, no hear from you!
LTC has been accumulating for more than half a year since the beginning of fall at the end of April.
There is an increased trading activity on the pair, which indicates the interest of buyers.
The MA100 on the daily timeframe supports the price.
RSI on the daytime timeframe has moved to the bullish zone and is above 50.
A good medium-term purchase option is located in the range of 4200-4600 satoshi
TP levels at:
5487
6559
8106
9765
Lightcoin is a strong project with a good foundation, which can become a driving force on the altcoin market along with ADA ETH XRP XLM
Please leave your feedback in the comments below!
same oldbtc fees are up. people are mad waiting 10 days for tx. everyone wants btc lower. once it gets there, those same people won't buy. as always expecting profits in ltc/btc ratio in the upcoming months. fair bullish divergence. same old. if you enter shitcoins rather exit too early than too late. a bit risky trade because IT'S DANGEROUS TO SELL BTC. REMEMBER THIS!
LTCBTC IS READY FOR LIFTOFFAlright lets make this fast because we don't have much time.
-Huge Weekly falling wedge indicating a massive reversal to the long bear market.
-Triple class A divergence on both oscillators on the weekly
-Ltc/usd looks amazing too
-Falling wedge breakout and bounce on massive support.
LETS GOOO
this is not financial advice, please do your own research before taking a position.
LTC could move further downLitecoin has had a tough year trying to keep up with Bitcoin. When we zoom out on the chart we can clearly see BTC has heavily outpaced LTC in 2020. Like many others it saw an increase in value in November, but that run seems to have run its course.
LTC has been rejected three times by the 200MA (red arrows) although it did manage to stay above it for two whole days at the most recent test. On the first retest it bounced of the 50MA. On the second retest it plummeted through and has had a tough time since. After the third retest, we can see it is now once again below the 50MA.
I believe another rejection could be in the making as volume is declining. Yes, volume is higher than it was in previous months, but so is the total marketcap.
I have drawn two very strong support levels around 3900 & 4000 sats and two equally strong resistance levels around 4500 & 4800 sats.
As the general HTF trend is still bearish I'll open up small long positions on a retest of the support levels and on a break of the 50MA.
Where do you see LTC heading in 2021?