ETHBTC versus LTCBTC - Will it continue trending?ETHBTC is at its highest point against LTCBTC for these last few years.
It's a situation of wait and see. It's always good to look at relative strength of one instrument against a major instrument to take better trading decisions.
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LTCBTC
Litecoin LTCUSD - Ascending triangle! + new ATH soon!- If we take a look at the chart, we can definitely spot an ascending triangle .
- We have very important double top resistance right at the ALL TIME HIGH level.
- Litecoin (rank 17) is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment. (Paypal, ATM machines etc..)
- RSI is prepared for a next pump!
- 1:1 FIB extension = 1750 USD Profit target.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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Litecoin by Rocket Bomb🚀💣 Hello, dear friends!♥️
I'm glad to welcome you on my page!😊
Today I will be glad to take your attention to the coin, which still didn’t "shoot" into this bull run!
Let's take a look at chart on different time frame and try to see what we can expect from Litecoin in the near future, in the medium term and longer?😉
What's our prospects? What's the best to do with this coin?
On the daily chart , I tried to depict the absolute similarity of the price movement in 2016-2017!✋🏻🤚🏻
It's so difficult to show this on the chart because of the sharp price changes! But you can take my word, or you can enlarge this area yourself🤣
Let's take a look at 1h chart! 🧐
Here we can see a familiar picture, which looks like a zone of accumulation and distribution!
We expect the price to drop to the $120 zone and possibly a quick retest $100 (you must have buy orders there)!!!!
Lastly, I would like to show you the Litecoin / Bitcoin chart! For better understanding the situation, I always analyze an altcoin / bitcoin!🤫
What can we see there?
We're still in a downtrend! Yes, since 2017 !!😱
We can tentatively leave the falling wedge at the end of this year!
And after that it will get hot !! Uh .... 🔥
Don't forget about the Rocket Bomb when you get incredibly rich 🤑💪
I'm always glad to see you in my comments for discussion😊
Thank you for your attention❤️
Stay in touch🤗
Always sincerely with you 😊
Your Rocket Bomb🚀💣
LTC, Litecoin - price is trying to break local key level😯A key level of $162.5 can be highlighted on the Litecoin chart. The price is now contracting, which is a good signal before a breakout and rise.
Enter after a breakout and a retest of the key level as support.
But be careful, there could be a stop loss hunt before that.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
LTC, Litecoin - price is trying to break local support😯The whole market looks like it is going to go even lower. Litecoin is now near the support level of $170.8.Before that, LTC broke the trend line and tested as resistance. After that, we saw a decline in price. The price has already tested the $170.8 level several times, with each test weakening the level. Now, if the price breaks this level and tests it as resistance, it is very likely to fall to the lower liquidity zone.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
LTC/USD - Price moving to $200! Time to recover.After a significant drop from $230, Litecoin has found a nice support in this ascending triangle (see in blue) around $170.
Moreover, we painted a higher low and on 4h timeframe we're already bullish on MACD and RSI, for short/medium term, this indicates we are very likely to go up.
On this 8h view we have a similar scenario with some lag due to the higher timeframe (if all things remain the same, we should have a bullish cross on MACD here as well). RSI already painted a higher low like price did.
For this reason my bias is bullish in the near-term and a buy just above this support line is a tempting proposition, particularly if you expect price to end up again above $220 where our resistance sits. An easy 20% is possible here.
The LTC/BTC chart also looks bullish, so the stars are aligned I'd say. Lets see. :)
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Getting Close - Litecoin Long Term - (LTCBTC and LTCUSD)TL;DR: So many fundamentals, recent news and technicals going for Litecoin. Long term bullish, getting close to breakout, dependent of Bitcoin.
Technicals:
Monthly BBands Tightening
Weekly RSI and MACD on the displays bullish divergence
Monthly MACD about to cross fitted BBands
Ratio has broken out of Long term and mid term descending wedges and is due a vigorous run-up
Fundamentals:
Mimble Wimble Extension Blocks flexible release date +- 30th of October could act as the catalyst for future price movement
Price rose in advance leading up to Segregated Witness launch
Recent release of OmniLite allows developers to issue tokens and NFTs atop the Litecoin network (note the high price increase of so many ETH killers (Cardano, Solana etc.), DeFi and NFT issuers) don't see why the same enthusiasm for Litecoin can't result in a sharp price movement
The market will move once the OG miners and market makers (MM) decide it is time and 'dumb money' will pile on when sharp price increase occurs
Long Term Ratio Target = +-0.018 to 0.025 sats
Long Term USD Price Targets:
Most Probable: Very Conservative Long Term Litecoin USD Price Target (Assuming EOY Bitcoin price of +- 66000 USD) = +-528 - 600 USD per Litecoin assuming an EOY high of 0.008 sats
Probable: Conservative Long Term USD Price Target (Assuming EOY Bitcoin price of +- 66000 USD) = 1188 - 1650 USD per Litecoin assuming an EOY high of 0.018 - 0.025 sats
Not Unrealistic: Optimistic Long Term USD Price Target (Assuming EOY Bitcoin price of +-100000 USD) = 1800 - 2500 USD per Litecoin assuming an EOY high of 0.018 - 0.025 sats
Less probable: Very Optimistic Long Term USD Price Target (Assuming EOY Bitcoin price of +-200000 USD) = +-2800 - 5000 USD per Litecoin assuming an EOY high of 0.018 - 0.025 sats
Very Unlikely BUT entertaining Dogecoin fractal scenario could see prices in the range of 4000-12000 USD
Litecoin LTCUSD - 10 000 USD this cycle + Ascending triangle- If we take a look at the chart, we can definitely spot an ascending triangle .
- We have very important double top resistance right at the ALL TIME HIGH level.
- Litecoin (rank 16) is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment. (Paypal, ATM machines etc..)
- RSI is prepared for a next pump!
-1.1618 FIB = 10 000 USD Profit target.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
$LTCUSD $LTCBTC big bullish flag LTC has a robust dev team and for years has followed BTC in price development, while in usability by many has been superior to BTC. Yet not in terms of security. However, LTC only touched its previous ATH (2018) during this bullmarket. Expecting it to do new ATH rather soon with 1,5k peak out levels.
There is big pullish flag in H4 and D1 views both BTC and USD pairs.
Litecoin ( LTC/USDT ) 90% up from our entry so congrats guys#LTC/USDT Profit Update:-
$LTC currently trading at $214 and went upto $225
Our entry was $120
So now 87% pure profit without leverage.
Entry:- $120 ✅
TP1:- $178 ✅
TP2:- Still waiting
Guys I am still expecting $264 if bull in control.
Happy Trading.
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LTC Scenario 1This Fractal is lined up perfectly with the 2017 run to the ATH. If we get something similar it'll put us in the $1200 range by the 11th month of this year. With all the incoming upgrade to the LTC network (mweb, dandelion p2p etc...) this looks like it's only the beginning though. As on the HTF LTC has broken out of a multiyear downtrend and it's looking very good from here. My opinion is that we'll see LTC in the $2200-$2800 by Q2 of 2022 if all goes well. So let's go!!!!!!
LTCBTC Technical Analysis
⏳ Spot
💎 LTCBTC after the breakout of the resistance will go for a retest and then again will go up. It may go to the Pullback zone before it goes up.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.003650
☕️ TP1 0.003925
🍺 TP2 0.003990
🍻 TP3 0.004070
🍾 TP4 0.004150
🍷 TP5 0.004300
🍸 TP6 0.004440
🍹 TP7 0.004600
🎁 TP8 _________
🚫 SL 0.003350
Good Luck 🎲
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Litecoin LTCUSD - 10 000 USD this cycle, HUGE Ascending triangle- If we take a look at the chart, we can definitely spot an ascending triangle .
- We have very important double top resistance right at the ALL TIME HIGH level.
- Litecoin (rank 16) is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment. (Paypal, ATM machines etc..)
- RSI is prepared for a next pump!
-1.1618 FIB = 10 000 USD Profit target.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!