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Chikun Arise! Long LTC!"Arise, chikun, chikun arise." Litecoin's price has been suppressed since the last bullrun (both in terms of sats and in USD). Based on the charts, I think it's about darn time that it pumps the hell up. As you can see, LTC broke above the 2-year downward resistance (yellow line) and stayed above it despite the recent market correction. There had also been a bullish divergence before the pump (green lines). Oh, and look at the sheer amount of volume the past several months as well. It indicates strong accumulation. My short-term prediction is that it should at least re-test the 2018 downward resistance (purple line) which is a 50%+ pump away. If it breaks that, then we should be in for more upside. I wouldn't go that far yet though, so we'll see how it plays out once chikun touches that line. For now, that line is the target and I'm long LTC.
Long
by realredsteel
6
300% More For Litecoin? Let's Have A Look!Litecoin (LTCBTC) is now strongly bullish as it moves above the EMA100 and EMA50 price levels. EMA100, the blue line on the chart, is being conquered today. A close above this level daily, 0.005980 signals good strength. Even if prices consolidate before moving higher LTCBTC is still looking great. On this chart, I am mapping an additional 300%... You know how this goes, this is crypto... We can see 300% happen in 2-3 months or it can happen in just a week or a few days. That's how crazy this market is. With no experience, it is hard to trade. For those of us with patience... We buy and we wait. Namaste.
Long
by AlanSantana
9
Litecoin turning on the Search mode!So as you could see in my previous LTC idea. I was expecting LTC to move to these prices. All of my 3 targets below were hit! What is this idea about? Firstly I want to show you some comparisons between this and the 2017 bull market. Then I will do some technical analysis on LTC in the short-term and long-term as well. Later I will tell you my expectations. 2017 bull market vs this bull market Litecoin was at 3 USD on 29. March 2017 and went to 362 USD on 19. December. This means it did 8815% in just 265 days. If I draw it from the very bottom. This year LTC went 1285% in 418 days... The Crypto market got way bigger so don't expect these returns... but I think LTC might explode soon. (reason later) LTC/BTC pair If we have a look at LTC/BTC pair... we can see that it went from 0.003 to 0.02... This is incredible! Imagine holding 5 LTC equaled 0.1 BTC! And this wasn't even the top of this pair. ATH was around 0.03. Right now we are sitting around 0.006. On the chart, you can see the bearish trend we are about to break in a few days with some crucial levels where Litecoin could struggle a bit. LTC vs ETH Ethereum will outperform BTC these few months... That's a fact. BTC dominance is dropping (currently about 46%). ETH is the king of all ALTs. Firstly BTC goes up... -> ETH goes up -> Big cap Alts goes up -> Small cal Alts goes up... and right now it's Alts turn... Look what's happening to Link, ETC, etc. (expecting LTC, DOT ADA soon) If ETH outperforms BTC and LTC will start to outperform ETH... This means you can outperform BTC multiple times! In a few days, we should be able to break this bearish trend and go up! Technical analysis So in a long-term perspective, We can see a nice channel and leads us to a new ATH pretty soon... We could hit the resistance and see a pullback to the red area... But I am not selling. I am expecting LTC to hit minimally 700-1000 this bull run! In a short term We are going to hit the resistance in a few days/hours. There are few scenarios... 1. Breaking the trend and going to search mode! (green) 2. Bounce from the resistance and seeing a healthy correction. (blue) 3. Breaking the trend after the correction (purple) 4. Bigger correction! (red) Basically, we don't want to see below this red area or below the support!
Long
by MikesJakub
4
Litecoin a great opportunity (2)Hello! Litecoin has finally broke its 616 day long wedge pattern against bitcoin. I think this baby will fly. Look where dogecoin is, which is a meme, a joke made out of litecoin or whatever! We broke the 50ema (red arrows) and The vertical resistance box where price has had resistance which shows bullish rotation If we break the 200ema and turn it to support I am quite certain we will head to 0,017 - 0,018 sats IF we bounce back to the 5600 sats level, you can get there and risk/reward of 45! Targets are 40% 75% 210% Check out my Ethereum a great opportunity 2020 which just hit it the target Not an finacial advice and always use a stop loss, or you will get your ass burned -Jebu
Long
by PalenTrade
4
Bitcoin Money Flowing into LTC!!Litecoin has explosively broken through long term downtrend resistance, and we are seeing a big push in LTC we are still 35% away from the 0.2 FIB level. If we look at the Chaiken Money Flow we notice more money flowing into LTC after the most recent correction, and if you check out the LTC/BTC Order book on binance or coinbase pro you will see lots of BTC selling for LTC. Always keep in mind that Litecoin has outperformed BTC in a earlier halving cycle! We also broke through all the SMAS the 10 day, 50, 100 & 200 showing lots of momentum, the 10 Day SMA is pointing sky high and has crossed significantly over all other SMA's, will be looking for upwards momentum from the other SMAs aswell. Very bullish on Litecoin I think Alt season is beggining to really quick off! Not financial advice just my opinion!
Long
by JacobR905
LTC/BTC still 1000% potential from our entry ?#LTCBTC Profit Update:- #LTCBTC currently trading at around 5700 and Went upto 5869 So now 79% up from our entry and still more rooms for upward. Entry:- 3300 ✅ TP1:- 4456 ✅ TP2:- 5400 ✅ TPs :-Pending Still I am expecting big move in coming days but guys don’t forget to book profit partially. Support: 4600/4000 Resistance: 7808/11397/17461/25059/36661 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
11
LTC/BTC Breakout Happening NOWThe Shorter-term triangle is broken, the longer-term triangle test getting closer and closer to breaking expecting a break within THIS quarter as BTC/dom drops and ETH outperforms BTC massively. When assets are in or close to price discovery like Litecoin the USD pair becomes irrelevant and the BTC pair becomes way more important. LTC, like many altcoins that are yet to move on the BTC pairs, have a MASSIVE massive year ahead if the market can stay afloat. Fractal from the last consolidation just before the altcoin season of 2017/18 is very similar to the current consolidation - remember that fractals don't have to be identical to be valid - they just have to ryhme. Will be expecting further moves up after flipping and consolidation on the orange resistance line.
Long
by spookyblackfly
LTC moved up as i said ,what next ?LTC / BTC about 1 month ago in 3 april i published an idea about LTC historical and interesting buy zone You can check original idea attached below LTC moved up since this idea by around 64% in btc pair alone (easy money 💵) WHAT NEXT ? There is high possibility that LTC will continue up You can see with BTC pair chart it broke weekly supply and important trendline resistance We need only next weekly candles to close above resistance for more confirmations Dont forget to like our idea and follow ..will be a good thank you
Long
by Babenski
22