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LTCUSD trade ideas

Expect a few profit-takers along the ride! LTC Risk Investment!LTC looks like it is returning to yesterday's gains, but I see this is just profit-taking, which is just fine. Each investor has their own profit and loss expectations, and I'm glad to see this kinda red getting painted today. So, let's look at what it means to be an investor in a highly volatile asset class such as crypto. Investors need effective strategies to manage risk and potentially profit in highly volatile markets and with assets that experience rapid price swings. Here are some key concepts and strategies: 1. **Diversification** : **Spread your investments** across different assets (stocks, bonds, real estate, etc.) to reduce risk. Highly concentrated portfolios can be risky, so diversification helps mitigate losses during market turbulence¹. 2. **Risk Profile Assessment** : Be honest about your **risk tolerance**. Understand how much risk you're willing to take with your money. Some investors thrive on volatility, while others prefer stability. Knowing your risk appetite is crucial¹. 3. **Long-Term View** : **Avoid knee-jerk reactions** to short-term volatility. Taking a long-term perspective allows you to ride out market fluctuations and benefit from overall growth¹. 4. **Protective Strategies** : - **Put Options**: Consider buying **protective put options**. These allow you to hedge against downside losses. For example, you can buy put options on individual stocks or broader indices like the S&P 500³. - **Stop-Loss Orders** : Set **stop-loss orders** to automatically sell assets when prices fall by a certain amount. However, be aware of taxable events and the impact on your portfolio³. 5. **Volatility Trading**: - **Volatility Index Options**: Derivative contracts can be used to build strategies to profit from volatility. Explore options like **straddle** and **strangle** positions, as well as futures⁴. Volatility-Based Strategies: Some traders focus on assets with consistent volatility or large daily movements. Volatility can be an opportunity if managed effectively¹⁷. Remember that volatility and risk are related but distinct concepts. Volatility measures price swings, while risk refers to the possibility of losing your investment. By understanding both, you can tailor your strategies to navigate volatile markets effectively. (1) 4 Proven Investing Principles for Volatile Markets | Kiplinger. www.kiplinger.com (2) Investment Strategies for Extremely Volatile Markets - Investopedia. www.investopedia.com (3) How to Profit from Volatility - Investopedia. www.investopedia.com (4) undefined. www.cmcmarkets.com (5) . bing.com (6) 5 Strategies for Trading Volatility With Options - Investopedia. www.investopedia.com (7) Four Ways to Navigate the Bumps of Today’s Volatile Market. www.kiplinger.com (8) undefined. www.quantifiedstrategies.com (9) undefined. www.schwab.com
COINBASE:LTCUSDLong
by cnote56
Litecoin LTCUSD 6+ years rangeSince 2017, Litecoin COINBASE:LTCUSD has been ranging with a top at 325ish dollars established in 2017 and a bottom at 25ish dollars established in 2018. Two important things: 1) There was a failed attempt at a breakout to the upside in 2021. 2) Chart is wickless to avoid unnecessary noise, but you should know that a wick touched the bottom in 2020 (covid panic). Could 2024 be the year with a successful breakout to the upside ? If yes, what would so many years of ranging and accumulation lead to ? This is not financial/trading advice. You are responsible with what you do with your own money.
COINBASE:LTCUSD
by Meditation
Litecoin's Core v0.21.3. Upgrade Led $LTC to New Annual HighLitecoin ( CRYPTOCAP:LTC ), often hailed as the silver to Bitcoin's gold, is poised for a monumental leap forward with the introduction of Litecoin Core v0.21.3. This update brings forth a duo of groundbreaking advancements: Partially Signed Bitcoin Transactions (PSBTs) and the MimbleWimble Extension (MWEB), promising heightened privacy and efficiency in Litecoin ( CRYPTOCAP:LTC ) transactions. While these technical marvels hold the potential to revolutionize the landscape of cryptocurrency transactions, the market response has been tempered, with Litecoin's ( CRYPTOCAP:LTC ) price experiencing a modest dip. But amidst cautious sentiment, the question looms: Could this be the dawn of a new era for Litecoin( CRYPTOCAP:LTC ) and the broader crypto ecosystem? PSBTs: Bridging Security and Flexibility At the heart of Litecoin's latest update lies the incorporation of PSBTs, heralding a new era of transactional flexibility and security. By providing a more robust bridge for Litecoin ( CRYPTOCAP:LTC ) transactions, especially in conjunction with hardware wallets, PSBTs offer users enhanced peace of mind and efficiency in managing their funds. But the real game-changer lies in the integration of PSBT technology with MWEB, propelling Litecoin ( CRYPTOCAP:LTC ) to the forefront of privacy-centric cryptocurrencies. MWEB: Redefining Privacy Standards MWEB represents a paradigm shift in transactional privacy. By obscuring transaction amounts and the identities of both sender and receiver, MWEB ensures a level of confidentiality previously unseen in Litecoin ( CRYPTOCAP:LTC ). This leap forward not only enhances user privacy but also lays the groundwork for a more efficient and secure transactional ecosystem. A Brighter Future for Litecoin The implementation of MWEB in Litecoin Core v0.21.3 signifies more than just technical advancement; it embodies Litecoin's unwavering commitment to user privacy and security. With the introduction of CRYPTOCAP:LTC Suite libraries facilitating seamless integration and validation of MWEB details, Litecoin is poised to redefine transactional standards in the crypto sphere. Mixed Market Sentiment Despite the revolutionary potential of these advancements, Litecoin's ( CRYPTOCAP:LTC ) price has experienced a modest decline, reflecting a cautious stance among investors and the wider community. While some may adopt a wait-and-see approach, others view this as an opportune moment to embrace Litecoin's vision for a more private and efficient future. Technical Analysis CRYPTOCAP:LTC is trading above its 200-day Moving Average with a Relative Strength Index (RSI) of 74 signaling a strong bullish bias. CRYPTOCAP:LTC is poised to continue the bullish trend. In Conclusion As Litecoin ( CRYPTOCAP:LTC ) embarks on this transformative journey, the stage is set for a new chapter in its evolution. With PSBTs and MWEB paving the way for heightened privacy and efficiency, Litecoin stands poised to reclaim its status as a pioneering force in the cryptocurrency landscape. Whether viewed as a cautious pause or an opportunity for visionaries, one thing remains clear: the future of Litecoin shines brighter than ever before.
COINBASE:LTCUSDLong
by DEXWireNews
2017 CLIF HIGH ALTA REPORTS FOR LITECOIN COMING TRUE NOW!I DO NOT TAKE ANY CREDIT FOR THIS INFORMATION. THIS WAS CREATED BY CLIF HIGH BACK IN 2017. HIS REPORTS WERE $100 EACH WHEN THEY FIRST CAME OUT. HE IS GIVING THEM AWAY FOR FREE NOW ON HIS WEBSITE AT HALFPASTHUMANdotCOM. WHEN CLIF MADE THESE REPORTS HE SAID HE DID HIS BEST WITH TIMING, WHICH WAS THE HARDEST PART OF THE WHOLE THING BECAUSE THE LANGUAGE WOULD NOT GIVE ANY DEFINITE DATES, JUST THE PREDICTIONS. HIS TIMING WAS GOOD ON MANY THINGS BUT MANY DIDN'T COME TO FRUITION AT THE TIMES THAT HE SAID THEY WOULD. I WENT BACK AND READ HIS REPORTS RECENTLY AND THERE ARE SO MANY PREDICTIONS THAT ARE COMING TRUE NOW AND WILL COME TRUE IN THE NOT TOO DISTANT FUTURE I BELIEVE. I WILL LEAVE AN EXPLANATION OF WHAT ALTA IS IN HIS WORDS BELOW AND I WILL CUT OUT ALL THE EXCERPTS FROM ALL HIS REPORTS SPECIFICALLY FOR LITECOIN AND PASTE THEM BELOW. ITS A FUN READ AND HE ALSO HAS ALL THE OTHER MAJOR COINS HE DID PREDICTIONS ON BACK THEN AS WELL. HE HAS A BITCHUTE CHANNEL AND YOU CAN WATCH HIS VIDEOS THERE WHERE HE STILL GIVES AWESOME PREDICTIONS ON THE FUTURE, GO GIVE HIM A SUB AND A THUMBS UP. ITS AN INTERESTING READ TO SAY THE LEAST. © 2017 by Clif High for Halfpasthuman About Predictive Linguistics and our methods Predictive Linguistics is the process of using computer software to aggregate vast amounts of written text from the internet by categories delineated by emotional content of the words. Predictive Linguistics uses emotional qualifiers and quantifiers, expressed as numeric values, for each and all words/phrases discovered/filtered in the aggregation process. Over 80 % of all the words gathered will be discarded for one or more reasons. Predictive Linguistics works as NO conscious expressions are processed through the software. Rather the contexts discussed within the report in the form of entities and linguistic structures (see below) are read up in the various intake software programs, and the emotional sums of the language found at that time are retrieved. Words that are identified within my system as 'descriptors' are passed through the processing as well. These descriptor words, in the main, are those words and phrases that provide us with the detail sets within the larger context sets. As an example, the word 'prophecy' may be read up by our software at a sports oriented forum. In that case, perhaps, due to the emotional sums around the context, and the emotional values of the word itself within the lexicon, it would be put into the contextual 'bin' within the database as a 'detail word'. Note that the context of the use of the word in the sports forum is lost in the process and is of no use to us in these circumstances. What occurs is that the word is picked up as being atypical in its context, therefore of high potential 'leakage of future' value. The way this works is that most sports forum language about future events would be statistically more likely to use words such as 'bet' as in 'I bet this XXX will be outcome', or 'I predict', or 'I think that XXX will happen'. So it is the context plus emotional values plus rarity of use within the context that flags words for inclusion in the detail level of the data base. Further, it is worth noting that most detail level words are encountered in our processing mere days before their appearance. Within the IM (immediacy data) primarily, and then within ST (shorter term) data next. But a preponderance are discovered within the IM time period. Perhaps an artifact of our processing, if so, one not explored due to lack of time (cosmic joke noted). Words are linked by their array values back to the lexicon using our set theory model (see below), and the language used within the interpretation (detail words excepted) derives from the lexicon and its links to the changing nature of contexts as they are represented within our model. Predictive Linguistics is a field that I pioneered in 1993. The software and lexicon has been in continual change/update mode since. This is due to the constantly changing nature of language and human expression. Predictive Linguistics works to predict future language about (perhaps) future events, due to the nature of humans. It is my operating assumption that all humans are psychic, though the vast majority do nothing to cultivate it as a skill, and are likely unaware of it within themselves. In spite of this, universe and human nature has it that they 'leak' prescient information out continuously in their choice of language. My software processing collects these leaks and aggregates them against a model of a timeline and that information is provided in this report. The ALTA report is an interpretation of the asymmetric trends that are occurring even this instant as millions of humans are typing billions of words on the internet. The trends are provided in the form of a discussion of the larger collections of data (dubbed entities) down to the smallest aspect/attribute swept up from daily discussions within that context. Within the ALTA report format, detail words are provided as noted below. Phrases and idiomatic expressions are also provided as details. In the main, geographic references are merely summed, and if deemed pertinent, the largest bag in the collection is discussed as a 'probable', or 'possible' location to the events being referenced within the details. In our discussions, the interpretation is provided in a nested, set theory (fuzzy logic) pattern. LITECOIN MAY 2017 Litecoin is still showing as 'trailing' Bitcoin. Unlike Ethereum, the data sets for Litecoin have it as a 'silver' ratio to Bitcoin as 'gold'. The meaning at this time would tend to favor a 70 to 1 ratio. This is likely an indication of the strength of the rising pressures from the other sets for Litecoin. The reason for this is that the data sets also have the 'ratio' of 'silver to gold' to be 'descending' over the rest of 2017. The repetitious appearance of 'ratio', and its many supporting sets, as well as the rising emotional sums within those sets, are all suggesting that the word itself will come to be much more meaningful as we see the 'steps down' over 2017. The data sets have these 'step downs' being an 'abnormal appearance' during the bespoke Summer. So the data sets are predicting, at least by way of inference, that 'trading' of 'Litecoin' over this Summer will be anything, but 'normal'. These sets have Litecoin reacting to the various DebtsSpace stresses over Spring (northern hemisphere), as well as the stresses of the technical issues, by erratic price fluctuations. For differing reasons, but temporally coincident with problems within the 'silver fixing arrangement', Litecoin is indicated to have 'price jumps', and 'falls', that will 'create paupers' and 'millionaires' all in 'moments'. Note this is not a good situation and does stabilize. The data accretion patterns in modelspace have brought forecasts of many videos of people 'lamenting (crying) over their losses' in the 'crazy crypto currencies markets' of Summer 2017. LITECOIN JUNE 2017 The data sets have conflicting memes affecting the LiteCoin trading action over the next few months. These themes are forecast to play out as 'test bed (for Bitcoin)', and 'fading', or also defined as 'without luster'. The former is indicated to bring pops in the price as the general CryptoSpace environment is also rising, and the latter is the general trend of slight rises, or mostly subdued in spite of the 'exuberance' in other crypto currencies. The 'flat' aspect of Litecoin emotional appeal aside, the price per coin is indicated to climb over Summer, and, later in Fall (northern hemisphere), reach a point described as 'ignition'. Please note that this is within a context in our data of 'hyperbolic debt based currencies creation', also known as 'hyper inflation'. These sets have support, in Fall, for Litecoin rising dramatically as 'bursts' of 'debt currencies creation' hits the 'financial system'. Litecoin is still showing as receiving a burst of favorable attention in late June that will support prices through the next leg up in the capitalization inflows into cryptospace. These sets have Litecoin being one of those coins which is indicated to be 'regular like clockwork', as well as 'persistently challenging' the 'double digit daily percentage gains'. No numbers present themselves in our data for Litecoin. Many new shorter term sets, as well as longer term sets have positive ratio on emotional tone values with a few of the prime attributes hovering in the same range as ETH. Litecoin is indicated to be gaining a bit of early shine from developing stories in both the transactions space, as well as 'value' plays. The 'transactions' stories are forecast to begin to grow as 'retail' and 'wholesale' uses of Litecoin will be showing up even in msm (main stream propaganda press, aka 'legacy media'). Again, as noted above, the msm propagation of the stories will be the temporal marker for the next leg up in Litecoin price discussed in previous ALTA and bare naked Wealth reports this year. The Litecoin versus ETH language can also be expected to ramp up with the new use-cases, and the rising price competition seemingly manifesting. The data suggests that much 'touting and pump/dump' language will flourish briefly. Do not be deceived at the froth in the language, nor the relative prices of various offerings. Litecoin and ETH are NOT directly competing within their use-cases, and both will be long term holds for value, with the value deriving from where they differ, not where they are similar. The Litecoin use case in the forecast modelspace developments shows as dominating in many different Point-Of-Sale, and POS2IoT interconnections. LITECOIN AUGUST 2017 Major developments in LTC underlying technology (as forecast more than a few reports back) are indicated to be surfacing in August such that by mid August (as forecast a few reports back) Litecoin will be involved a price, and volume competition with ETH. The rate of acceleration of Litecoin in the data sets has big increases, almost 'stair steps', that are showing over the next five months (more or less). These 'stair steps' are indicating that very large 'capital inflows' will be occurring from August, onward. The stair steps within the data sets have several instances in which we get numbers. These would suggest that a '3/three digit' US dollar ratio to Litecoin begins before September and grows over the remainder of 2017. Some of the 'capital inflows' over 2017 are forecasting that the 'marketing effort' for Litecoin, as the 'payment vehicle' are showing as taking great leaps. These are suggesting that perhaps we will find that a 'multi-polar cryptospace' is developing with 'thickening payment layers' which are separated from the 'wealth storage' layer. IF this is indeed an accurate interpretation of the development of the 'payment layers' space, then it would seem reasonable, now, to forecast that LTC will dominate the mid-tier of this space. LITECOIN SEPTEMBER 2017 LTC has the 'pop' in attention, and the 'pop' in performance showing up in the data, as well as 'new opportunities' for its use within the global payments systems. In some of our detail sets are forecasts for LTC to 'break through' the 'lunch line barrier' with some new technology later in 2017. This will apparently be an outgrowth of 'back channel adoption' of LTC within a few very large organizations. Nicely rising emotional tones on the LTC data from early August through into late October LITECOIN OCTOBER 2017 The sets for Litecoin within modelspace, have new growth within 'racing' descriptor linguistic structure. The 'racing' has been associated with ETH. Now the data is pointing toward LTC being in a race at the level of 'percentage growth'. These sets further contain language for each 'up leg'. The data is forecasting that the 'emerging patterns' over October and beyond into 2018 will include a 'percentage race' such that 'each gains alternatively'. Further this is clarified as being 'small' or 'single digit (more or less)'. The idea coming across from the accrual patterns is that if ETH were to go up 9% in one day, that same day LTC may be up 8%. However on the next day up, ETH would lag behind on a single percentage point basis. These sets are explicitly not suggesting that each day would be up, nor that either LTC or ETH will go upward together, nor that they will not be out of sync, nor that they won't fall. All of the percentage sets are also focusing on US dollars, and with primarily US based geographic references for our processing sets. Much of the LTC data sets within modelspace have their emotional tones centered around the 'lightning network' and 'atomic swaps'. There are sets building up with longer term values that are focused on 'smart contracts' as in LTC as a vehicle for such, but the immediacy data, and shorter term values are much more focused on 'atomic swaps', and 'LTC (as) fast intermediary' to other cryptocurrencies. LITECOIN NOVEMBER 2017 Litecoin is setting up for the 'belle of the (Spring) ball' award for cryptocurrencies in our data sets. The LTC accretion patterns are surpassing the ETH sets at a very brisk rate of new data elements at about 2.4 new elements for each 1 about ETH as modelspace is moved into March 2018. These new sets are bringing the emotional tone values for LTC into ranges not seen for it before, and, that are, in some respects, temporal echoes to the 'set up' in early 2017 that saw such large gains for ETH (and Ripple) in the early part of the year. In the case of Litecoin, the data sets are bringing in a larger percentage of longer term data sets than had either ETH or Ripple (XRP) in early 2017 indicating a longer run for LTC, throughout much of 2018. The new sets for LTC that accrue as modelspace is progressed from late November through to the December solstice have a 'gentle rise' in its pricing relative to USD growing into a 'steady (eye catcher)' by the end of the year. At that time we have language forecast to appear about 'comparisons to Bitcoin', both in 'rate of rise', and 'early days history', and 'ratio of valuations'. These 'comparisons' are forecast to treat LTC well. The data sets still have LTC moving into '3/three digits', and new growth to these sets show that the movement will be creating a floor for LTC into 2018. LITECOIN DECEMBER 2017 As modelspace is moved through 2018, there are many sets relating to 'securities', including 'security' that are associated with Litecoin. These sets are positive, and bring in larger amounts of new supporting sub sets for 'excitement'. There are many sets accruing in May that are within the first large clump of new 'excitement' data. There are some detail sets indicating that the 'rising emotional state (of) excitement' over Litecoin will actually start producing 'anxiety', though this is of an 'anticipatory' nature about when will the 'rise' end. These sets are echoed later in 2018 as the 'excitement' sub set seemingly breaks out of some limitations that existed over Summer (northern hemisphere). As Fall weather begins to be reported, the data sets have new 'excitement' shifting into Litecoin sets. These latter, 'excitement' sets are curious in that they have cross links over to 'established businesses', and 'sudden (major/significant) leap ahead'. These sets are forecasting a very good 2018 for Litecoin. LITECOIN MARCH 2018 The data sets have continuing growth for LTC reaching a 'parity point' with the Ethereum network, but be aware this is not a price projection, rather it is focused on the 'smart contract' hosting and 'network (distributed apps)' side of things. These data sets are forecasts, not related to any announcements, nor leaks of information, but rather derive from our process of predictive linguistics. There are several possible interpretations including that Litecoin will develop networking capabilities along the same line as the Ethereum network. Alternatively it can also be interpreted with the 'ethereum smart contract' temporal marker as being the key element for emotional sums tone advancement. Other language of interest has 'litecoin' becoming 'emblematic' of both the 'cryptocurrencies (alt coins)' space as well as a symbol for 'new rich' and the rise of the 'crypto-millionaires' as a discernible class within our society. These sets have forecasts for a number of new videos that will be focused on 'litecoin' and its role as a 'vehicle' to 'riches' over a very short time. According to the data, we should be able to expect to see the appearance of several 'stars' in the video spaces as both 'tell-all (how I made my money)' and 'musical celebrations (of litecoin)' videos are presented during these next 6/six months LITECOIN JULY 2018 Litecoin has dominating supporting sets of 'fire (on fire, catching fire)'. Secondary support sets are 'favorable', with aspects of 'winds (favorable winds), and 'favorable times', 'favorable presence', 'favorable view'. Tertiary support sets are led by 'good luck'. The 'favorable timings' sub sets are cross linked over to 'work' and 'planning', and 'activity (path)'. The 'crisscross' of the 'timings' is showing as being 'exquisite' and 'precise'. Other sets are going explicitly to 'good fortune', 'good luck', and other 'fortune smiles' language. Note the Litecoin sets are showing 'transitions', and 'new developments' as the rising supporting set dominating aspects. These 'transitions' first appear in modelspace as it is progressed through September, and reaches a near term peak by mid November.
BITSTAMP:LTCUSDLong
by Bitgolder
11
LTCUSD Sees Volatility Amid Support, Eyes Resistance AheadHello Everyone, Over the past week, LTCUSD has experienced significant volatility, yet it has found consistent support around its monthly levels, fueling its upward trajectory. There's a strong likelihood that both weekly and daily support levels will continue to be challenged. Looking ahead, the outlook appears promising, particularly as the yearly pivot point has demonstrated resilience. It's important to keep in mind key resistance levels at 90.602 and 104.347. TradeWithTheTrend3344
COINBASE:LTCUSDLong
by TradeWithTheTrend3344
Idea of when LTC will moveIn the past, from bear market low to start of bull market breakout has taken LTC 102 weeks and 101 weeks for the last 2 cycles respectively. We can just say ~700 days from bear low it will take to get bull market breakout. As time of writing, we are currently at week 90 of 101 . Using these past time frames we can assume a breakout range for this bull market near end of May '24 . From that bull market breakout, it took LTC 37 weeks and 26 weeks to reach bull market high. Taking an average we can assume it will take ~31.5 weeks this cycle after bull market breakout to get to cycle highs. From this analysis im seeing late November '24 to late January '25 will be the range to start looking for cycle highs. Who knows what price we will be at, depends if you think we will break the double top previous highs that we have been consolidating in for the past 6 years or so, but that's beyond this analysis.
CRYPTO:LTCUSD
by lancetanner
7
MING DYNASTY 2.0I was doing a little research on the history silver. In the Ming dynasty they had an insatiable hunger for silver. Just speculating, perhaps China adopts Litecoin as its crypto "gold". Charlie Lee is Chinese as well just to add to the speculation. Asia is number one in adoption of Litecoin. What if China demands all citizens pay taxes in Litecoin like it did during ming with silver? China may only accept Litecoin as payment for global trade just like it did during Ming with silver? Gold is only worth more than silver because its harder to mine. Silver has many more uses throughout history. Silver was the first metal to unite the world and start world trade with China. The dollar becomes the official currency in 1785. The US had no mint to make its own currency so the first temporary currency was the Silver Spanish Peso. The word DOLLAR comes from the word thaler which comes from the German root “thal” which means valley and “thaler” indicates a person or thing from the valley. Thalers were silver coins and they were named Thalers because of a silver rich valley the silver was mined from. I like to speculate quite a bit so this may be just a bogus idea but its worth keeping in the back of my mind. Also I have written proof if this does happen right here and Im the next Nostradamus hahah, just kidding. Anyways I thought the Litecoin fam would enjoy this little tidbit.
KRAKEN:LTCUSDLong
by Bitgolder
4
90$ Litecoin incomingevery detail and reason is on the chart: We saw a correction happen till $58, then from the change in drection, accumulation has been happening. We saw a bullish flag or abc flat correction around price 68 and 60 dollars happen, then from there had a bullish impulse to $75, off which we have been in a correction since. The correction is complete with WXY as seen on the chart, now we are entering the Impulse cycle as seen with abc micro cycle completing and allowing for buy orders on the current price. So from here Im expecting litecoin prices to skyrocket or moon for the moon-boiz. buckle up this is gonna be a long ride..
COINBASE:LTCUSDLong
by Theofylrx
42
LTCUSD - Huge Long OpportunityThis is a pretty straight-forward chart, CRYPTOCAP:LTC seems to have bottomed and sitting on a 5 years long support. LTC hasnt been talked about much lately but it seems to be actually still being used for payments and more than we all think; according to a report by Bitpay, LTC was the most used cryptocurrency to make payments on Bitpay, with 34% of the payments being done through them, and apperently it wasnt the first time. The second crypto is Bitcoin, if you were wondering. Lets look at some data; - There are 7.8m LTC addresses with a balance. - approx. 800k daily active addresses. - On December 18 2023, there was an ATH of 980k txs and averaged a 700k txs per day for over a week. Looking at the previous ATHs, there was always a surge in price during these times. The above data is super bullish for a coin that only has 4.8bn market cap with incredible tract record and traction. Considering there is no centralised management for this coin, just like BTC, I wouldn't rule out a surprise ETF application for LTC as well, of course after BTC ETF narrative. The fundamentals are just right, the chart looks great. Worth taking a risk here. Let me know if you agree or disagree with this idea in the comments. I would love to see some other ideas that prove or disprove this analysis.
COINBASE:LTCUSDLong
by TheAlchemist888
12
Litecoin LTCUSD Major Multi-Year Breakout? $400+PT On Deck???As many of y'all know litecoin hasn't been the greatest performer over the past couple of years, and at times even appears to have wanted to breakdown lower, but i've been seeing things from a bullish point of view and there's a few reasons why: 1. Consistent higher lows, which means there's more people holding & accumulating than the previous low 2. Extreme undervaluation relative to Bitcoin 3. One of the few trustworthy Altcoins that's not a scam, has stood the test of time, and fun fact: is a direct fork of the original bitcoin but with improvements that make it superior in multiple areas And something interesting has happened on the latest weekly candle: we're breaking a major downsloping supply line that was first established when the downtrend began, and now while there's some overhead resistance above, if this truly is a new bull cycle then it should have no problem running to at least the previous ATH of $400+ ideally within 6-12 Months.
COINBASE:LTCUSDLong
by CryptoGuy234
LITECOIN making the Cyclical Bullish breakout you MUST NOT MISS!Litecoin (LTCUSD) has managed to make a Triple Bullish Break-out as not only did it break above the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line), both of which have been Resistances since August 2023 but also above the Lower Highs trend-line that started at the May 10 20221 top of the previous Cycle. This constitutes a Cyclical Bullish break-out because as you can see, every time LTC broke above the Lower Highs trend-line in the past 2 Cycles, it confirmed the official start of the parabolic rally to a new All Time High (ATH). Our target is $450, which is just below the ATH Higher Highs, a level that has been hit on both previous Cycles. If broken, LTC can even reach as high as $700 or even $1000 (1.382 Fibonacci extension) but those are overstretched technical levels that would require extremely positive fundamentals. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LTCUSDLong
by TradingShot
18