Litecoin vs Bitcoin (LTCBTC), Ready Yet?Looks like Litecoin (LTCBTC) is getting ready to grow.
Cardano (ADABTC) is growing today and so is Binance Coin (BNBUSD)... These are some of the big altcoins...
Litecoin printed a Doji yesterday and so far we have a higher low compared to 12-Nov.
It is still early here but we also have bullish divergence on the MACD and RSI if we go back to September, telling me this higher low might be it...
Be prepared...
Thanks a lot for your support.
Namaste.
LTCBTC
LTC is going to mini-moonThis is a psychological application/analysis supported by multiple charts. Both the LTC/USD daily charts to ID impulse buys AND the LTC/BTC value using the same period.....
Looking beyond the standard 4-year halving cycle, i believe there are 'mini-moons' in the (no disrespect to litecoin) 'imitator' coins. Here's the logic: What happens when the beginning of retail FOMO begins? Well, speaking from personal experience when i first began really investigating crypto (august 2020), the AVERAGE NEW USER does the following:
1. Open up a trading account (coinbase, binance, kraken, etc.).
2. Second guess themselves about buying a 'coin' trading at $35,000 USD (even a .10 amount) given that its already started its parabolic rise.
3. Maybe they do buy .1 bitcoin. But whether they have $10k or 100K, they are uneasy about buying into something that has already 3.5x'd over the past 3.5 months.......
4. But they already deposited (say) 20% of their life savings into their new account. WHAT DO THEY DO to get their feet wet????
5. They buy 50 LTC to test the water...
The above chart represents this 'mini-moon' theory well. Ultimately you get thousands of weekend warriors early pumping anything that has the word 'coin' behind it because its 50x cheaper than the coin they originally opened an account to buy, but hesitate to pull the trigger. In a month from now, once LTC runs to @ $600, the smart money will know its time to cash out and sell to the weekend warriors thinking they struck it rich 4x'ing litecoin.
Its an admitedly dog eat dog analysis, but i believe there is a mini-moon in LTC. I predict $200 LTC by 1/10/2021 and $550 by 2/28/2021. This should give smart money a nice little return and buy a little time for the sideline money while we (hope) for a good entry for the rest of our money in BTC & ETH...
I'm not a financial advisor and do not listen to me or constitute any of the above as sound advice.
LTCBTC formed a big Shark | For Upto 43.5% bullish moveHi friends hope you are well, and welcome to the new update on Litecoin.
On the long-term weekly time period chart, the price action of the LTC has completed last leg of bullish Shark pattern and entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 43.5%, and the loss possibility is 9.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For exact buy and sell targets for this trade, and other harmonic trading signals join:
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LTC - breakout and retest of the ascending triangleThis week we got a good dip and like we now know for sure : dip buying is must in BULL RUN.
LTC is shy to go but when ETH will be done coming back to ATH (and consolidation at ATH level), LTC will follow.
SHORT TERM :
Target 1 : 168$
Target 2 : 180$
Watch for LTC/BTC Equilibrium Pattern to Break BullishLTC/BTC is currently trading in a 4hr equilibrium channel. It's been ranged bound for the last 2 days and I am looking for the pattern to break within the next 2 days. Generally speaking an equilibrium pattern such as this is neutral to me but I believe there's a higher probability of a fakeout if it breaks down for the following reasons. (Hence I am going long here)
1.) LTC/BTC is trading near a multi-year low
2.) If we zoom out to the weekly we can see that LTC/BTC has been making lower highs and lower low since 2018. However, the latest weekly candle seems to suggest that it might be the beginning of a higher lower formation, which would be a very significant long-term trend reversal.
3.) The high volume of the latest weekly red candle also increases the probability that this might be final flush candle where weak hands sells out.
4.) The weekly BTC/USDT is more over extended compared to the LTC/USDT given the significance of Bitcoin's runup compared to Litecoin over the last 3 months.
With that said, the chart can very well break down and go lower as well. Especially if we see Bitcoin continues the freefall we saw this week as history shows that alts tend to take a bigger hit when Bitcoin crashes. For that reason, it's important to put a stop loss as this is anything but a sure thing. Especially in crypto land.
I am looking for at least a 15- 25% gain here if we break to the upside. Placing stop close by for a maximum loss of ~2.5%.
LTC/BTC Monthly bullishnessThe price is breaking a falling wedge. MACD crossing bullish after a big cycle. RSI in the lower side showing the break of a wedge as well. The target is the 0.618 fib level. The set up is very good but in case of a fakeout it could retry the previous low of Feb/Mar 2017 at 0.003 sats before signigicant upside, target which is at a 27% drop from the current price. No pain no gain ^^
$LTC BTC | LONG Series of HH's & HL'sCOINBASE:LTCBTC
Uptrend has begun and seems poised to out perform Bitcoin at least temporarily relatively soon. Would use VPVR for indications of levels to watch for immediate resistance which if broken will likely see quite a nice break out. Nice confluence in that range too looking at the 50 & 200 MA which see like they could flip soon. Looking at the smaller time frames there seems potential for bull divergences to form too. Lastly looking at the most recent price action there is strong buying pressure with lots of trend reversal hammers.
Altcoins to buy in 2021: Road from 0.05 to 2.5 BTCSince everyone is asking what else to buy than BTC, let's have some fun and try to turn 0.05 into 2.5 BTC in less than a year by investing in altcoins!
I have selected 13 altcoins to invest in, where I believe the average potential exceeds 10x within 12 months (End of January 2022), which would turn 0.05 BTC with 5x leverage into 2.5 BTC. To earn BTC, we will be trading against BTC, rather than USD.
Here is our initial distribution
LTC 0.025 BTC
ETH 0.025 BTC
IOTA 0.025 BTC
OMG 0.02 BTC
EOS 0.02 BTC
LINK 0.02 BTC
ADA 0.02 BTC
XLM 0.02 BTC
NEO 0.02 BTC
AAVE 0.01 BTC
SUSHI 0.01 BTC
VET 0.01 BTC
UNI 0.01 BTC
Total 0.235 BTC
We will be adding to and subtracting from these positions, primarily by analysing the total altcoin marketcap. Pullbacks in the marketcap will be used to take profits and increase positions.
Comments are welcome and bring trading luck!
Litecoin Headed To ALL TIME HIGH! LTC lagging behind ETH and BitPretty simple break I was eyeing, the 2019 June top, after we broke that LTC is headed to its ATH, its an easy 100%+ move.
ETH breaking its 2019 high:
BTC breaking its 2019 high:
We are in a raging bull market, this may not be the most profitable trade (100%) but its a no brainer.